[QUOTE=Kenny Cole;1497580]I have tried to stay out thus far. I am now unsuccessful. I am not on either list simply because I didn't' win one of those auctions. I was probably one of those legitimate bidders who bid Ryan up at the same time the auction house or consignor/friend was doing that. We have similar interests. Even by losing, I screwed my friend.

I get all the stuff about altering the price point of the PSA 8 card and whatnot. Blah, blah, blah. Its wonderful to have the best card ever and I am certain that getting that 8.5 so you can drop that ratty 8 is exhilarating. Its just the shits when you find out you paid substantially more than you would have had things been honest. Yawn.

But to me, it is much more basic. Ryan won a lot we probably both bid on. It cost him more than it should have, because neither one of us knew we were both being cheated to begin with. I probably beat him on one of the other auctions that have no bidding records that was also shilled.

QUOTE]

+1 on that... it's just plain wrong to bid on something for reasons other than because you want that item...by someone coming in with nefarious intentions ends up screwing us all...

Ricky Yoneda

David,
I also dont fell that it falls under collusion. But I always said to myself when someone would post up and say hay lets partner up on this lot. And as we know many AHs look at net 54 all the time and I always said to myself wow what a wonderful way to shill up a lot that you already know has a group of buyers if one wanted to if you get what I mean!!!!!

Quote:
Originally Posted by Exhibitman
Your posts ARE confusing; don't sell yourself short.

You have no sense of humor...

Or Pyongyang....

Ricky Yoneda

There was a thread on here early last year which was started by the same Net54 member who started this thread in which he and another bidder agreed to partner up on a lot of rare Topps Hocus Focus cards. The lot sold for $10,000 and there was poor communication between the two partners and the division of the lot did not happen right away. This of course angered the guy who sat out of the bidding and he stated that he would have gone $20,000 on the lot. It all worked out in the end as one guy went on an extended vacation. But the point of all of this is that those two guys getting together on that lot clearly worked in their favor to keep the price down.

Does it always work that way? No, and I have no statistics to show which outcome is more prevalent. I understand why people do it on lots though, it has to be frustrating to see the one card you've been pining for in a lot of stuff that you don't want or need.

JC deserves his own thread here, considering he was an active member for so many years. Please explain yourself, JC. Some of the people you cheated out of their money are board members. Do you still consider yourself a member of net54? (He is definitely reading this thread, btw)

More importantly, a lot of these scumbags are still in business today. Who would still do business with Ken Goldin or Kevin Keating? Lots of you. That's why none of these guys will get any consequences for any of their fraudulent activities, other than getting rich.

There are a lot of misunderstandings and incorrect beliefs about the list. Maybe we can clear some of that up at some point. I think it would really help people get a better understanding about all of this and stop pushing for it to be swept under the rug like it's no big deal.

-Ryan

At least they have located the card they need. Splitting a lot at the lowest price possible, through collusion, allows them each to get the one or two cards they want, plus make a larger profit when they re-sell the rest of the lot, than if they had simply bid on it fairly. The only one who loses is the consignor.

I would say there is more than one loser in that story.

List
 

Splitting a lot has nothing to do with shill bidding
If theres a lot of yankees and dodgers and i collect yankees and my brother collects dodgers should we bid against each other?...thats a ridiculous comparison.
Thats why ive railed on people who put in max bids as idiots...bid once and then bid at the end..if you put in a max bid....u might not deserve to get screwed but u will...
If youre famous or well known major collector bid under your cousins name and address so the ah doesnt know u

This thread makes another turn. Wow.:eek::eek: