Net54baseball.com Forums - the list (of criminals) is revealed

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- - the list (of criminals) is revealed (http://www.net54baseball.com/showthread.php?t=217245)

I saved a shareable version to my google drive. It should be accessible through the following link:

https://drive.google.com/file/d/0B3S...ew?usp=sharing

Quote:

Originally Posted by Buythatcard (Post 1496779)

Just saw the list and it was disturbing. Was shocked (not really) to see that someone shilled me. You hear about it all the time but when you see the actual proof, it makes you sick.

I don't know many of the names but will hope to find out whether any of these consignors or shillers are associated with any active Auction House today. It will be a perfect time to remove them from my list of AH's that I bid on.

This list is only a drop in the bucket.

Who can you trust in this world?

1+ I would like to know that too

Quote:

Originally Posted by Buythatcard (Post 1496779)

If you go through the list, you will see former Mastro employees who are currently (as far as I know) still employed with other auction houses.

Quote:

Originally Posted by bn2cardz (Post 1496780)

I saved a shareable version to my google drive. It should be accessible through the following link:

https://drive.google.com/file/d/0B3S...ew?usp=sharing

Nicely done and thank you. That was the simplest and best solution to share the document.

Quote:

Originally Posted by bn2cardz (Post 1496780)

I saved a shareable version to my google drive. It should be accessible through the following link:

https://drive.google.com/file/d/0B3S...ew?usp=sharing

this works great, was very interesting... anyone else remember all of TJ Schwartz's holier than thou articles about the hobby? lol

Quote:

Originally Posted by conor912 (Post 1496773)

I think shilling other peoples' auctions happens more than you think, though it is hidden under the guise of "Protecting one's investment".

Say you pay $5k for a card today, then next week another one in the same grade comes up for auction. Nearing the end of the auction it looks like it's going to sell for $3500, so you bid it up with no intention of winning it to give the illusion of it maintaining the market value that you set for it with your $5k purchase.

I guess so, but how would you know that you weren't going to win the auction that you had no intention of winning? You would have to know what the max bid was, and that's the main case against Maestro and his cronies...

I would like to see a summary of:

1. Current Grading Company Officials
2. Current Autograph Authentication Company Officials
3. Current Auction House Officials
4. Current Dealers/eBay Sellers

There are alot of scumbags in this world..

Who is Hal Lewis???:confused:

Quote:

Originally Posted by trobba (Post 1496767)

How would someone shilling for a friend (or themselves) know how high to go without purchasing the item?

I get how Mastro could be "protected" in their shill bidding because they could conceivably use someone's max bid against them.

How would I know if a $10,000 item was shilled up to $15,000 that someone would bid one more than me? Wouldn't there be ample times when I would get stuck, as the shill bidder, with the item?

Or were most shill bids up to a reasonable price and not way above market prices?

Rob

Quote:

Originally Posted by savedfrommyspokes (Post 1496770)

There were many instances on this list where a name that was listed as the "winning bidder" was also listed as the "shill bidder" for the same item.

You accomplish this via an agreement with the auction house. Other people shill the card up to the desired price hoping someone will get caught up in the bidding and overpay. If nobody overpays, the shill bidder goes down as the winning bidder, but card and money do not change hands. Looks legit from a distance, AH has increased profits, consignor has increased profits, everybody wins......except the winning bidder.

For the consignor, the worst case scenario is that nobody overpays, he keeps his card, and the most recent sale of his card is nice and inflated when he consigns it again 4 months down the road.

Worst case for the auction house, they don't get a hefty buyer's premium but they can now advertise a NEW RECORD PRICE for whatever card they sold in a press release and on their website.