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I think collectors willing to readily buy from sellers they know act unethically and perhaps even break the law don't realize the significance of provenance as it relates to value-- especially over the long term. If it turns out the seller you procured many of your cards is shown to have knowingly sold altered cards, it will effect the resale value of your collection. Whether or not your high grade cards were, buyers will wonder if they were also altered. Many collectors simply won't be willing to touch your high graded cards or their skepticism will at least be reflected in their bidding when they found where you got them.
Many game used collectors have learned the lesson of how the value of LOAs sand items can drop after the sellers are sentenced for forgery and related law breaking, and how it can taint in the minds of buyers legitimate items obtained from the seller. And there's no reason card collectors purchasing from sellers they know act unethically and/or break the law can't learn a similar lesson. |
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Rick Probstein apparently made this feedback vanish, thereby adding to the eBay sham that is the feedback system. Best regards, Eric |
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Everyone is most certainly NOT probably doing it. Judge individual sellers on Ebay on their own merits, not the entirety of Ebay as a single juggernaut. It's like saying Mastro is crooked, Mastro is an auction house..........therefore, all auction houses are crooked. |
Much of what I am reading in this thread is either naive or appallingly ignorant. The one salient fact on shilling is this: shilling an auction is illegal. It is the e-quivalent of mugging the buyer. End of debate over its legitimacy: as a matter of law that it is never OK.
Shilling is not placing a reserve on an item. Placing a reserve on an item is a legitimate option on eBay but many bidders don't like to see that little "reserve not met" line on the listing, so many sellers balk at using them. Dress it up all you like but shilling is a fraud on the buyer, who is lulled into believing that the auction started at the opening price and was honestly bid by legitimate bidders to a price one bid increment below the winning price, when it was not. Shilling corrupts the database of value research. VCP and every price report of actual results is skewed by the overblown and/or fake results reported on shilled auctions. As for Probstein bidders who bid only with him, how realistic does that seem? I don't know of any active card buyer who bids only with one eBay seller. Does anyone here confine their bidding to one seller? If so, let's hear it. |
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If I shill your auction, yes I could win it and have to pay. But that's ok, because I've accomplished my goal of protecting the value of my card. But if I shill my own card I run the same risk of winning it, don't I? And if I shill my own item, aren't I also just protecting the value of my card? I don't see a real distinction. If you're outlawing shilling your own card, then you should outlaw shilling cards you don't really want, but are bidding on just to jack up the price. But you could never enforce it. Which is why shilling your own card should be legal......I think...maybe. |
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Nah man, what you're describing is basically "bidding". There's a world of difference between somebody bidding on a card because it's going too cheap, and intend to pay for it if they were to win (might as well just outlaw auctions right now, if that's the case)...............then a dealer shilling up his own auction. A huge difference! |
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I basically agree...if you prepared to have to pay 20% if you 'win' your own card I really think all of this is a non issue.. I guess if an auction house says 'shilling is allowed but the bidder who wins will have to pay 20%'..i would be confortable bidding knowing that if the owner of the card was really bidding on his own card he was willing to risk 20% on top of his bid if he 'wins' the card...that to me is a legitimate bid for him to take the risk. Standard language on most AH contracts : Neither you or nor anyone on your behalf acting as your agent may bid on Memoribilia you have tendered to us. If you violate this provision of the Agreement, and you have the highest bid on an item or lot, you will pay us the commission and Buyers Premium on the item or lot upon which you are the highest bidder. There are no exceptions to this provision" So even though they forbid it..they still allow it to go through if you pay the bp....I don't see a problem with that...that's shilling ..the seller wiling to eat 20%...then that item was going way to low for him....if seller thinks the item is about to sell 10% under market you think he will want to pay 20% to preserve that? no way..he will let it go.. |
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Nobody disagreeing with the main points of this thread and countless others like it believe shilling is acceptable, just that it's a fact of the system. Even if Probstein, PWCC, or whomever else took every feasible step to try and stop it any a-h@le can find a way to consign and shill a card anonymously. I've never done it, but I'd imagine it can't be that freaking difficult. Some people here call that idealism silly. I call it common sense, but whatever. |
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I can tell you that shilling is happening for a lot more than sports card/collectible ebay auctions. My wife wanted to buy a roll of fabric. She put in a max bid an lost at auction close. She said "I can't believe there's somebody else in this world who wanted that ugly fabric". A couple days later, she said that same fabric is listed as an auction by the same seller. We checked the previous auction she lost...the winner had 90% bidding history with the seller and tons of retractions. I'm not saying that I condone it, but what are we supposed to do when the market value of the cards we want are set by shilled ebay auctions? We can boycott certain ebay sellers and ebay itself, but what about respected auction houses and the BST here? Aren't the "market value" prices we pay there also determined by shilled sales? |
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Some of the logic in this thread is flabbergasting. To the guy who says if we are not going to patronize known shillers, we should not patronize ebay: If you have a broken arm, do you want your doctor to put you down, or would you rather he fixed your arm? Okay, this has gotten silly - you guys carry on. |
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You also have to look at the sellers feedback total. This bidder only has 50 feedback on ebay total. Put in 788 bids in 1 month with 88% with 1 seller. With that many bids they sure don't win much with the 1 bidder most of their bids are with. Not saying this is a shilling account but I don't buy from this seller because they have several bidders like this in their auctions. Bidder Information Bidder: j***m( 50Feedback score is 50 to 99) Feedback: 100%Positive Item description: Item Title: Removed to protect sellers ID Bids on this item: 10 30-Day Summary Total bids: 788 Items bid on: 133 Bid activity (%) with this seller: 88% Help Bid retractions: 0 Bid retractions (6 months): 3 |
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The way people use 'market price' bugs me. People act like there is an entity called 'market' who sets a price like a giant grocery clerk with a tagging gun, and then we have to abide by Market's price on the tag. That is just magical thinking. A card is worth whatever a willing buyer and seller are willing to transact for it at a given time, and that number is subject to indefinite variables that are never quite the same, whether it is someone filling out a set, someone with a big consignment offset available, etc. The 'market price' construct bothers me because if the last sale on the card was $100 but there are no cards available for $100, then the market price for the card isn't $100. My comment on price distortions dovetails with the market price construct issue: because people insist on creating a 'market price' to rely on, the inflated sales results become the raw data from which people who like to follow the herd will distill their 'market price'. I have been assembling data on boxing cards for my guides for over a decade. I gather data from various sources: eBay, auctioneers, private sales I become aware of, etc. If some of those reported outcomes are skewed by illegal activities like shilling then I end up reporting inaccurate information, and the people who rely on that data to create their price points will be relying on unrealistic data. Uncertainty kills commerce. Unreliable price data generates uncertainty in the sense that collectors see a card selling for $100 and wonder why they can't sell theirs for $90, or they wonder why even though no one has stepped up to pay $90 for the card no seller will take $75 for it. I have decided that until the python passes the puppy, so to speak--until I feel realistic steps have been taken to stem the tide of shilling and market manipulation--I am not going to offer price research again. |
This is just incredible being discussed yet again in a lengthy thread. I wish someone would go back to the archives and post these same type of complaints. I will say it again, if Probstein is guilty of obvious, and consistant bid shilling, Why in Hell can't Ebay be involved in it? Money is one thing, but if they are attacked publicly and legally, how can they not be held accountable? Before any other bullshit posts, please someone answer this....
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It's a grey area, that complicates what many see as a black & white issue. It's that grey area that probably allows companies like Coach's Corner to still exist. Blame it on the consignors/authenticators/peoples opinions. At least Probstein sells actual tangible items and not worthless pieces of scrap paper, uniforms and baseballs grafitti'd over with nonsense. It is a little ironic, that this thread blew up based on a shill accusation that was probably not a shill at all..........when there seems to be so many better examples out there to go by. |
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Did you read the very first post in the thread - it gives you a detailed description of ebay's involvement. |
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Scott- Not sure where you're going, but I have backed Rick on a few situations...My complaint is why can't anything be done with Ebay legally? That's all I'm saying...
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Kevin, I'm exasperated with ebay, and as soon as I can make my living without them, I'm out of there. Eventually ebay will be forced to clean up. It used to be you could get away with anything in the sports card and memorabilia hobby - that is slowly changing (see threads on Mastro/Legendary, Operation Bullpen, etc.). Coaches Corner will fall some day and people will go to jail. Ebay may still be a ways off, but it will happen - I wouldn't be surprised to see a sting that sends many of the big sellers, and a few ebay management personnel, off to prison.
Meanwhile, I avoid corrupt sellers just like I avoid buying electronics out of the backs of vans in parking lots. Not much, but you have to start somewhere. |
Scott what's your prognosis for card doctors?
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Edited to add: the raw E95 Cobb was used as a card doctor test subject, and passed all three grading companies (color added to background, paper tear on back glued back together, stain removal, etc.) |
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It's true. For those who question whether or not most of the high-grade T206's have been trimmed....please don't make me laugh. Trimming a card is child's play.
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These days.... ebay seems nothing more than craigslist on PEDs. :cool:
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Rick Probstein is a good seller .....
I read these threads where Rick is accused of shilling and I don’t really get it.
I am a regular consignor to Rick. I send him my stuff, he scans it, lists it and sends me the funds, minus his fee, after the auction is over. My items generally go for market value and I am happy with his services. If you look at the amount of items he is listing and closing every day, he does not have time to monitor if people are bidding on their own items. |
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Nobody is asking Rick to monitor his auctions. We're asking that he do something about those who are caught red handed shilling their own auctions (like blocking consignors). Is that really asking too much or am I being unreasonable? |
God forbid a business owner monitor his own business to make sure it is operating honestly. Yeah that is expecting WAY too much.
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And I am with you David, because someone submits a card to a company and doesn't shill it doesn't mean it doesn't happen (and happen often) with their other consignors. I personally don't have proof of the Probstein issues other than what has been pointed out on this board. And they are worrisome. In Probstein's defense, I asked him about this one time and he sent me a list of at least a hundred (I think it was a few hundred) bidders he had blocked on ebay, due to these type issues. Is he doing enough, I don't know? |
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Sorry but to me, these kinds of posts reek of the "I'm getting mine so I don't have a problem with it" kind of response. |
Just poking around on some cards, found this gem in VCP
1970 Topps Rico Petrocelli, PSA 9
7/30/14 eBay $35.00 3/2/14 probstein123 $202.50 1/10/13 eBay $42.00 12/16/11 eBay $29.99 6/2/11 eBay $30.00 3/16/11 eBay $22.00 2/13/11 eBay $28.51 7/14/10 eBay $30.00 11/20/09 eBay $29.99 4/3/09 eBay $52.50 5/27/08 eBay $30.00 4/29/08 eBay $45.00 1/9/07 eBay $36.11 |
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no way that card is shilled to 200.....if at 80 dollars you really going to risk 'winning' the card at 3x market price when its your own card..pleeeezzz.. |
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Why do you think shillers pay when they win their own auction listing instead of just canceling the transaction to avoid the fees. |
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Not attacking you on this Leon, but a thought for Probstein. Blocking the bidder is a joke - how hard is it for the "shiller" to create a new account? If he really wants to clean it up he needs to start blocking consignors who have the shilled auctions. Before anyone gets to crazy with me on this - I'm not saying he should immediately ban consignors of all suspect auctions, but he can certainly ban those who have multiple auctions that display this suspect bidding activity. |
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I've noticed this too.
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... I follow the 1957 Topps set in PSA 7 and 8 to keep a finger on the pulse of the economy....the ''sold'' section in the search results is a head-scratcher sometimes , until you view the 'seller'. ..this is a great thread ; thanks to all the posters ; but this is the first time I've ever suffered a popcorn headache.. .. |
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Still trying to get my head around this recent Aaron RC although I am told it was legit.
Latest Auction Prices for: PSA 8 - Average Price: $7,727.00 12/5/14 Greg Bussineau Auction | Image 17 $9,240.00 10/22/14 eBay Auction | Image prewarcardcollector e***m 69 $16,988.00 10/6/14 eBay Auction | Image prewarcardcollector c***a 20 $8,600.00 8/25/14 eBay Auction | Image cmlwvu a***r 43 $6,300.00 2/28/14 eBay Image ksp1140 a***a Best Offer $5,250.00 2/9/14 eBay Image cardcountry t***a Best Offer $6,750.00 1/22/14 eBay Image memorylaneinc -***o BIN $7,745.00 |
[QUOTE=Leon;1367663]No it's not unreasonable. We in the auction house business do monitor our auctions. No, we aren't perfect but we will respond to any situation that doesn't look to be on the up and up. And I know for a fact several other auction houses do it too as I have gotten calls from them concerning these kinds of issues.
And I am with you David, because someone submits a card to a company and doesn't shill it doesn't mean it doesn't happen (and happen often) with their other consignors. I personally don't have proof of the Probstein issues other than what has been pointed out on this board. And they are worrisome. In Probstein's defense, I asked him about this one time and he sent me a list of at least a hundred (I think it was a few hundred) bidders he had blocked on ebay, due to these type issues. Is he doing enough, I don't know?[/QUOTE I find it hard to believe his block bidder list is solely predicated on possible shill bidders, more likely on bidders who have called him out on specific issues they have had with him or accused him of wrong doings. He doesn't want those low feedback dings to kill his ebay discounts. |
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As with several of the other large sellers on ebay (PWCC 4SC/NESC, battersbox) who are a part of the Emerging Verticals program, each of their additional ebay discounts (the form of discount varies from seller to seller)are pre negotiated and locked in. These sellers have an Emerging Verticals Account Manager,who is over the sports card category, to personally assist with concerns that arise. The goal of this program is to drive sales for ebay (category by category) by increasing the sales of the largest sellers within each category. A top down approach to driving sales. This is the explanation that I received from an ebay EV AM of a different ebay category. |
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eBay is a publicly traded entity that needs to satisfy analysts quarterly earnings estimates. That is where all of this originates.
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For those not too bothered by shilling, would you support.eBay changing their rules and allowing sellers to bid on their own items? It really is the same thing, only the former is fraudulent while the latter would be transparent.
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I don't think anyone is "not too bothered" by shilling, I just think we are limited by what we can do about it. Sent from my iPhone using Tapatalk |
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I stay away from Probstein and the others mention. I know they are shilled. The whole process lends itself to it. The ball card world has a lot of unscrupulous people in it. |
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Hi Guys, I normally post on the football board, hope you don't mind me jumping in... Here are 2 scenarios:
Case 1: Card has market value ~100, high bidder at 80 with hidden reserve at 100.01 The card would have sold for 80 except the owner of the cards jumps in with a schill bid of 99.99 This is basically the OP's case - cheated out of 20 bucks in my scenario. The amount doesn't matter - it's illegal, immoral, etc. I get it. Case 2: Same as Case 1, except schill bidder gets aggressive and bids 104.99. Now he wins! What happens next? Does he say: "Um, excuse me Mr. Consigner, I accidentally won my own item, can you please auction it again?" How awkward would that be? And even if the consigner had no ethics, how would the consigner know it isn't a sting? Does the schiller just quietly buy his own item? Let's do the math. Say he paid 95 originally, 104.99 + 3.50 shipping, so he's up to 203.49. But he gets a consignment check for 104.99*.88 = 92.39. So he's out 111.10 on the card now. If he sends it in again and gets say 110 on the second attempt - he still loses. Plus he paid to ship it in twice which I didn't even count. Is it worth it? Might it not be more rational to let the card sell on its own (legally) rather than play this schilling game? If anyone out there isn't already burnt out on this toplic, thanks for your thoughts. |
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I keep seeing how people are saying the same card a week later on PROBSTEIN auction goes 3x what it went for last week...it really doesn't make sense...who the heck would risk 'winning' the card when they own the card when already sky high over what they would hope to expect. there are also lots of people on net54 who say they consigned cards and got terrible results...so it cant be both ways...everyone cant be selling their cards way below market and everyone else who is buying cards that are consigned are being shilled way over market.. |
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That's why when you see accounts with large amounts of bid retractions, suspicions are aroused. I've been on ebay for probably 15 years and don't think I've EVER retracted a bid. But there are accounts with a year or two of service and 50+ bid retractions. Doesn't make sense. |
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If the consignor gets greedy and wins the item, What happens? Nothing....He just doesn't pay; the seller waits for his money back from Ebay for final fees and the card is listed again....Seller can't leave neg feedback and the sellers that take consignments know the consignors themselves might be bidding so wouldn't leave neg even if they could...bad for future business...Ï hate shilling as much as the next collector....but....it's everywhere...
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people aren't really talking about ebay ..they are talking about the AH's that charge 20 percent..you cant keep paying 20% when winning your own items..makes no sense .. as to ebay....yes the bid retraction feature is there up to 24 hours before the item is to sell....you will know which sellers have lots of bid retractions.. plus once you have a 'terrible' result..then why don't bidders price accordingly to the lowest card..why do they value cards with the high bids....we control what we bid....if ebay is terrible in terms of not punishing bidders that win their own items than don't factor in ebay on VCP pricing...lots of ways to deal with shilling...there are so many other things that are wrong that we cant control in life..i don't see shilling as a problem..the major major buys are usually with auctions houses not ebay...if a seller wants 20k on a 1952 mantle..and its at 17k .you really think he will shill it to the next bidding slot lets say 19k....if he 'wins' he will pay 4k with an auction house...no way he bids to that with that risk |
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You know how many bid retractions that a bidder has on ebay, but not necessarily how many non payment strikes. A shiller can "win" an auction on ebay, and simply not pay, and the card would go to the next highest bidder or be re-listed again where the same process happens. It's true that you control what you bid, but people usually base their bids upon past auction sales (of the same card or similar cards). However, if the prices of those cards that you are using as your value basis were shilled up, then the entire foundation that you are using to base your bids upon is flawed. About issues with auction houses, you want to remember what happened to Mastronet... |
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Right we went through this already.....Ebay past sales shouldn't hold as much value as there is no penalty to the shiller versus AHs...and when a card finally gets crushed at an AH because of the past shilling foundation you speak of..now we would have the new real value.....taking ebay out of it..i really don't see how taking a risk to bid on your own card when its at VCP or 10 percent less is worth it when you risk paying a 20% BP...... .. I value AH past sales higher then ebay..and most people in the hobby that buy expensieve cards have a bunch more knowledge than me so im sure they do the same thing...thus the shilling really isn't the menace people make it out to be |
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thus if I were to bid on an item, I would know that if the bidder under me was prepared to lose 20% if 'won' the item is pretty comforting to me .. yes I know you will come up with examples if the item is about to sell for 40% lower than perceived market so people bid on their own items..i say go ahead and eat 20% ..you really think they will want to eat another 20% on the same card? |
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better than ANOTHER attorney :D |
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if card vcp is at 20k and the bidding is at 18k...and they can lose 2k..you really think they bid it to 19k and have the chance to lose 3800? doesn't make sense..i really think though illegal its a non issue for the high priced cards at AH that make you pay 20% on a win. |
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