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Probstein123 Still amazed he is in business
How in the heck does he get these grades or people that bid roughly 50% of the time and retract 108 times and not be banned from bidding. It doesn't just smell like fish anymore:eek::eek::eek::eek:
http://www.ebay.com/itm/T205-Gold-Bo...item53f4ec1fe7 http://www.ebay.com/itm/T205-Gold-Bo...item53f4ec28b3 Btw PSA F'ed that grade up on the T205 PSA 6 Kirb White #18903185 by about 4 grades. Talk about reach arounds:rolleyes: |
related topic
there was a thread no more than 2 weeks ago about this. id append to that thread. it may get more attention.
http://www.net54baseball.com/showthread.php?t=160673 kevin |
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The only reason you can even complain about this is because of the semi-transparent bidding system that ebay employs.
With AHs you can't see anything ... you think this would be more or less attractive to shills? |
i was following a '48 signed musial a couple weeks ago, last day bidding it got up to around $320...a pretty good price as prior ones sold for $200-$220. seller cancelled the auction early, next week it was in a probstein auction and ended a couple days ago for $580 :rolleyes:. now suddenly 3 more musials has popped up because of this artificially inflated auction. lots more examples like this i've stopped bidding with this guy.
Quan Nguyen |
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dont mind spending extra dealing with him instead of venturing with some unknown source. |
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I would like to be proven wrong. Can any board member own up to a recent consignment with Rick to which they can provide a testimonial? I'd like to see one higher then usual price that can be proven an honest sale... Anyone? |
Rick Probstein is a good seller
I have consigned many items with Rick and he gets good results almost every time.
I had a vintage non sport set sitting in my eBay store for over a year at $999 with lots of low ball offers. I pulled it and sent it to Rick and in a 7 day auction he got over $1,000 for it. I have no interest in shilling my items, I want them sold. Not sure why this guy keeps getting bashed, he has been nothing but straight with me. |
I have purchased a few items from probstein with no issues, although I have seen some "higher than expected" prices. I attributed it to his better than average auction design, low opening bids ( which drives up interest) and organization/timing of auctions (for instance, having several HOF rookies ending within minutes of one another).
I once purchased a 1957 team issue PC of Frank Robinson for $60 from him( thinking I had overpaid) and sold it about four months later for $100. You certainly don't see his stuff go for cheap, but I'm not sure if I would attribute it to shill bidding, unless I see evidence to the contrary. |
Thank you Qcards for the response. I'm not saying that he's a necessarily a bad seller, just that he doesn't seem to care about shilling. That's already been proven by the multiple recent threads.
I buy stuff from him too, I'm just much more careful then usuall. Derick, i'm not so sure about the listing design theory. He usually writes a one line description followed by a large multi-colored ad asking for consignments. The scenario you listed above with multiple hof can happen to anyone. He doesn't always do that. It's not like he's organizing auctions and sending notices like pwcc. He's just listing a bunch of random stuff, just like everyone else. In the cases where I've won his auctions it seems pretty cut and dry, to me. Sometimes I've paid "too much" and then there's a couple of OJs I got from him that I'm pretty sure I could get 50% more then I paid if I wanted to. |
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Conversely, should you outbid the field in an AH auction, your out-of-pocket loss will be much more significant, as you will owe both the hefty consignment fee as well as the bidder's premium. You could easily end up losing 1/3rd of the value of the item in the end. Moreover, it is much harder (if not impossible) to retract a bid. Ergo, even though eBay may be a little more transparent, overall I believe the risk of shilling is greater on eBay than at an AH for the simple reasons that the risk of winning your own lot is much lower due to retraction, and the cost of winning your own lot is much lower than at an AH. |
I used to buy from him somewhat regularly...but will definitely think twice about doing so these days.
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The guy takes GREAT pictures in every one of his auctions. Front pics, back pics, high quality.
It's not his job to police his auctions to make sure that the consigners cousin isn't bidding. That's unrealistic. He's doing a good job and earning his commission - unless there is evidence that he's directly involved leave the guy alone. |
I probably won about 10 cards from Rick over the past couple years and was happy with the prices I paid. When I put a max bid in, its usually not the max i'm willing to pay for the card. Usually I don't win and get outbid but for the ones I do win, I won at great prices. Rick does tend to get higher prices on his auctions so if your a last second bidder that bids double what your willing to pay, don't be surprised if you end up over paying. If you are usually the first bidder and put a high bid amount in, i'm sure your bid will be bumped up to its max. I do believe Rick has nothing to do with the bids in question. I do believe some of the consigners are doing it so they get top dollar and not lose any money. The biggest problem is that ebay alows so many bid retractions. I've been on ebay for 14 years and never did even one bid retraction. Retractions should only be allowed to be fixed by ebay customer service and I guaranty after you deal with their customer service, you'd never do a retraction again. As far as PSA overgrading some cards, they do, they also undergrade some. What everyone has to remember, the grade is just someone's opinion. It even says that on the PSA website. Most of us here on this board know when something has been overgraded and thats good but the few that don't and only see a number inside a piece of plastic, thats when it gets bad. If everyone keeps buying the card and not the holder, there shouldn't be a problem. Lets see where the bidding ends for the Kirb White and if people are still buying the holder.
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And again you hit on the obvious question/concern that Paul never has addressed. There is little to no downside to shilling on ebay. If you get caught, you get "banned" until you create a new account or get someone else to do your bidding (pun intended). Beyond the token banning by ebay, has anyone ever been prosecuted for any of these nefarious activities? If so, great, and I stand corrected. But if not, then STFU about ebay's "transparency". It is a law with no teeth. Much like "keep right except to pass". And regarding ebay's so-called transparency, http://pages.ebay.com/help/policies/...l-bidding.html - Often what appears to be shill bidding isn't a violation. If there is evidence of shill bidding, we will take action, which may include listing cancellation or referral to law enforcement. However, our privacy policy prevents us from disclosing the details of our investigation to other members, including the person who reported the issue. So if someone is banned or an auction is taken down, how does anyone actually know it was because of shill bidding? Or how does anyone know shill bidding is even happening? Ebay basically implies in the first statement that y'all are just stupid buyers and couldn't recognize a shill bidder, or shill bidding isn't going on, which makes transparency a moot point then anyway, right? |
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Ok, now I'm thoroughly confused. I am following an auction from him on a card that I want, but now have no clue whether or not I should bid.... meh.....
http://www.ebay.com/itm/360586885146...84.m1423.l2649 |
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Accusations
Gentlemen....
I find it puzzling that people with a strong sense of morality have no problem trashing people publicly with nothing more than accusations... re shilling.... currently, we sell over 100,000 auctions a year, I'm the only person on my staff that knows jesse haines is a HOF er...meaning, I'm crazed busy dealing with the operation of making sure my consignors items are presented correctly...plus I have 5 kids !! repeat: 100,000+ auctions annually... on shilling, it takes place all over the industry...its a problem everywhere and except people dealing directly on net54 or buying cards at shows.... within ebay, sellers do not have access to bidders high bids...this differs with many auction houses where they have access to see who is bidding.... shill bidding is much worse in the auction house world in my opinion... I always hear people want proof, well here is an example... we just sold this item for $12,000 on ebay " 1942 St Louis Cardinals Team Signed Baseball w/ Musial Slaughter + JSA LOA AUTO " ...the winning bidder triple bid against himself 3 times...meaning he was willing to pay more...did I get on my bat phone and find a bidder to jack up the price ...no ? Mike Q , posted on the thread, mike, have I have prompted you to bid on my auctions ? we block bidders that we think are problematic... we get strong prices primarily because we have created a culture where buyers know they can find great items either with realistic BIN's or auction of high end items that start at 99 cent... as ebays largest seller , we will always be a target...anyone can say anything in a thread ...if you do see problematic activity, please call me at 973 747 6304 and I will address it ..thanks, rick |
Just to be clear, my post was simply a response on the eBay v. AH issue generally, and not at all related to Probstein's auctions specifically. I've won one of Rick's auctions before, thought that I paid a very fair price for the item (below my max bid, in fact), and have nothing but good things to say about the experience.
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I suppose bottom line is don't bid more than you want to pay for an item...seeing as shilling has become the norm?!
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Rick,
In your opinion how many bid retractions does someone need to become a problematic bidder? I would disagree purely from a non-scientific and opinion based standpoint that there is more shilling @ AHs than on eBay. The stakes and downside seem to be much greater there than eBay. Could be wrong. Jeff |
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I guess the moral here is: we can be as paranoid as we want but we'll never get any definitive answers from eBay or AHs. I think Peter hit the nail on the head with his last post. |
I dont follow anything else except Cracker Jacks and Rick has soldquite a few 1914s recently well below market value fwiw.
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In your opinion how many bid retractions does someone need to become a problematic b
I'm not convinced that this is what shillers do....
I get real-time emails when bidders retract and I click and look and I've never seen a consignor retracting....I would think that the placement of ceiling bids is more problematic....and by the way , I have LOADS of buyers that greatly dislike the fact that the MAJORITY of ebay items for auction have super high reserves, they have limited time and the MOSTLY buy from me or PWCC cause they know they can win items without reserves....gee, where was all that shilling on the 1914 CJS ? meanwhile there is another thread somewhere with accusations that shilling happened on 1914 CJS meanwhile several of them went of low...can't be both ways |
Fwiw
I join the earlier poster who said that you should bid what you are willing to pay. If its shilled beyond your top bid, then it will come back around again and perhaps your same bid on a re-listing might get it that time. Shilling is a very bad thing for sellers and buyers alike, as shown by the hesitancy to buy from Probstein despite 80,000+ feedbacks and 100% rating (IIRC). I've bought from him, and gotten the items I wanted at my price, or lost the auction. Never an issue. I don't consign to eBay sellers, as I can sell on my own. If I did, I wouldn't shill because of the risk that I'd win my item back, and that's not the purpose of selling. If I want to ensure a minimum price acceptable to me, I'll ask for a reserve, and sell it at that, or not at all..
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Did that person actually pay the $12,000 for the ball. No way someone would be that stupid and pay that much.
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Did that person actually pay the $12,000 for the ball. No way someone would be that s
Did that person actually pay the $12,000 for the ball. No way someone would be that stupid and pay that much.
==> they paid....musial items are super hot and this ball is very rare... |
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ok, but the 22 bids are from 3 bidders - 1 bid once, 1 bid twice, and the other has bid 19 times so far... hmmmm
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Top bidder- 30-Day Summary Total bids: 136 Items bid on: 92 Bid activity (%) with this seller: 94% Underbidder- 30-Day Summary Total bids: 43 Items bid on: 7 Bid activity (%) with this seller: 62% |
imo t206 and cj commons usually were consigned by collectors and bidded by other pre-war collectors. most of the shill biddings would occur with modern stuff or low pop graded where there are more speculators and investors, would be more advantageous there where you can create a market for a card or simply get a buzz or hype it up.
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yes John...this is a huge problem...it's become like a runaway train...how do you stop it?!
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I am 100% convinced that shilling goes on in Rick's auction. I don't have any evidence whether it's Rick or not. At the same time, I will continue to bid on his cards that interest me. I bid at a level that I'm happy winning the card. I have yet to find a seller that makes me pay more than I am willing to pay. I hope he gets more CJ's.
Mac Wubben |
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I've never seen a consignor retracting
How about one bidding? |
bid retractions...
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I DO NOT and WILL NOT EVER bid on my own auctions. I had 2 Dan Marinos and 2 Elway Rookies end for $160... I was only asking $60 for the 4 cards locally. I also have had some partial sets that I estimate in the 1500-1800 range end 2500-3200 |
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It's fine paying a maximum amount that's comfortable, but isn't it nice to get a good deal once in a while? Let's say a card routinely sells for 1000$. One pops up on eBay and a shill bid takes it from 600$ to $900... you win it for 905.... you should have won it for 605... are you comfortable with that? |
Most of his items are consignments.
fyi, we have over 31,000 items in our ebay store, I own more than half of them
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I read both of Rick P's posts and I do not see anywhere where he declared that he is NOT shilling. did I miss something? If I am wrong mea culpa but I didnt see it. If I was going to refute something I would state it directly. I am not accusing anyone of anytihng just stating I dont see that statement anywhere.
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Fruitless
Arguing with Rick is no different than arguing with bubblebathdude. He is always right until proven wrong and then he runs away.
Notice how he puts blinders on and acts like no one is shilling. His first response in this thread is full of outright lies. He has been proven a liar numerous times on CU and runs away until someone praises him in another thread. He has been caught saying it is only him. Then later says it was someone on his "staff". When questioned about so many of his cards in the PSA 8 to 9 range that end up selling and being relisted less than a month later but a grade or two higher, he said no one sees the cards but him prior to listing. Then we find out that the original winner and new consignor just happen to live in the same town as Rick. Then he got caught saying he never submitted cards to PSA, but a week later throws out a story about submitting cards to PSA himself. How about the monster Super Bowl auto book that has sold 3 times, won by the same bidder and relisted for a 4th time? The 1975 Topps Nolan Ryan PSA 8 with a monster stain that has been sold at least 3 times and won by the same bidder and relisted almost immediately? There are plenty more but the PSA threads always seem to disappear any time Sir Rick is questioned. I digress. I need a beer. |
iwantitiwinit
iwantitiwinit , I'm not shilling
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Thank you Rick. I will take you at your word. I have bought from you in the past both on EBAY and in person. I do however find many of the bids on many of your auctions suspicious and I cited several of those in a past post. However, I will take you at your word.
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How about the monster Super Bowl auto book that has sold 3 times, won by the same bid
hello, here we go again, another moron making an accusations,
==> a) we leave feedback for every buyer, take a look, its 3 unique buyers, and yes, I have 20 of these, I bought the remaining inventory.... if you have enough keyboard strength to trash me, go take 5 minutes and you'll see its 3 different winners... I own 20 of these... |
The 1975 Topps Nolan Ryan PSA 8 with a monster stain that has been sold at least 3 ti
once more, this card was sold 3 times and returned 3 times , to 3 different winners...returned each time, cause people thought the card was misgraded ( which it was )
go research my feedbacks and you'll see its 3 different winners.... you think I'm shilling a nolan ryan psa 8... I'm a nice guy, but get bent, your way off base |
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It's funny how every single thread on PSA exposing Rick has been deleted. Real forums may lock the thread but never delete them. Guess it's to hide full transparency.
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Here are the only instances where ebay allows legitimate bid retractions. You accidentally entered the wrong bid amount due to a typographical error. For example, you bid $99.50 instead of $9.95. If this happens, you need to reenter the correct bid amount right away. Changing your mind does not qualify as accidentally entering a wrong bid amount. The item's description changed significantly after you entered your last bid. For example, the seller updated details about the item's features or condition. You can't reach the seller by telephone or email. There should never be large number of bid retractions for any seller's items. If I had one person retract a bid, I would probably be asking them why. Let alone "a few a day". |
I've been away from the boards for an extended period (back to school), but I've been checking in the past few weeks to catch up. A couple of notes:
1. I've purchased from Rick before in the past. No complaints. Nothing I have read here would persuade me from not bidding in future auctions. 2. Someone once taught me to never bid more than you are willing to pay. Anything less is icing. 3. Shilling is an evil of the market we frequent, but implying that Rick is root cause, agent of, or enabler of it is grossly inaccurate. |
Since an ebay seller cannot see a max bid it is impossible to shill in the strictest sense of the word namely placing a bid forvthe purpose of bumping up the high bid. This leaves two other practices to discuss. One is bidding up incrementally until the high bidder is topped then retracting. This is clearly wrong and should not be tolerated. The second is placement of a safety bid by the consignor or a proxy which to me is akin to a hidden reserve and next to impossible to police. It might be cleaner if there was a reserve but i wont fret it.
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Probstein
I recently consigned about 40 cards to Rick, including 25 midgrade T202's, that ended on 1/27. One buyer won three cards (paying $82, $82 and $51.66)and immediately relisted them for auction. The auction ended on 2/11 and sold for $76, $90 and $64.75. This gave him a profit of $15.09 before ebay fees.
Don't know that this really adds anything to the discussion, other than Rick doesn't always get the highest prices, just thought i would add my experience with Rick. I did not bid on my own items and based on the prices i don't think anyone ran the prices up higher than what these cards normally sell for. Stuart |
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In 12 years on eBay I have had a total of 2 retractions. |
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Rick, I think the reality is that once people consign something to you, they can then bid on it via themselves (or if you actually monitor that) via proxy.
Now at least on ebay people can semi-see who is bidding, analyze patterns, and try and sniff out the shills. The reason why AHs offebay don't allow any transparency is because this same thing would happen, people would see some funny business and then call it out. I submit that it's actually a good thing that people are as vigilante as they are with your auctions, and frankly I wish ebay would have FULL transparency like they used to. The way things are now, I think it's up to the masses to police auctions they are interested in and to speak out if something seems off. Rick can't do that himself, and I don't think it's fair to expect that he does. Furthermore, I think it's commendable that Rick takes the time to actually post on these forums and react to the concerns of people. That's more than many other big time sellers do, and I think it speaks volumes to his credibility and willingness to keep things as clean as he can. |
Member since: Jan-09-04 0 bid retractions
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Shilling
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The original winner/re-bidder did not win the card, I don't recall if it sold for more than the current market average .. and that, obviously, was not my point. Rick and I have since spoken and cleared up any questions surrounding. |
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I've bought between 5-10 items from this seller and have been very happy with each transaction (great clear scans, nice cards, really fast shipping).. none of which went above what I considered market value. Without getting into whole topic of shilling, spotting it, obligation to police, etc, I completely agree with the above. PS- haven't taken time to wade through all the posts yet, but just my opinion |
You own 20 of them that are all numbered 171/400?
You own 20 of them that are all numbered 171/400?
==> we used the same listing for each one.... it takes 90 minutes to repack them once opened.... we own 20 of the 400 but I don't know which number we have of each.... buyers don't care either....they just want the piece...I'm not spending 90 minutes each on 20 pieces just so we can state 171/400 , 185/400 , etc... these things are 82 pounds and are one huge paint in the but to ship.... you'll notice our listing on ebay has /400 http://www.ebay.com/itm/XL-Super-Bow...item53f44c6037 |
Ran through my invoices really quick---
Here are both sides of my pricing anomalies from items listed with Rick: 67 Set partially graded, expected $2200 sold $3k 56 near set, expecting $900 sold $1300 55 Bowman Starter expecting $500 sold $860 64 Topps Standup lot expecting $200 sold $460 Lebron Quad Auto expecting $600 sold $355 Joe Montana PSA/DNA RC expecting $250 sold $104 Al Leiter Autograph expecting $15 sold $56 Silver Ring, was expecting $20 got $91 Large amount of mid condition raw stars that sold on average 40% higher than expecting (about 80 cards) I got absolutely killed on a large modern lot, many BGS 9.5's and 10 pristines I was expecting $15-$30 each sold for $2-$5 (had 40 cards sell for under $15) 1880's Sporting Life's, expecting $50-$75/card sold for $140-$180 each 1880's Peck & Snyder expecting $75-$100/card sold for $50-$60 55 Bowman starter set, expecting $400 sold $102 (Edit - this is a different listing than the other starter) 150~ 1960 PSA cards was expecting $800 out of the lot sold for over $1200 2x Mike Trout logo patch autos, expecting $600-$800 per, sold for $300-$350 each 1940 Superman Gum /w card #1 expecting $2000, sold $395 National Chicle Skybirds Expecting $80, sold $200 |
My personal experience-
Purchased over 2000 items on ebay- 0 retractions Sold over 3000 items on ebay- 0 retractions |
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I think the guy sells loads of hard to find stuff...and prices arent bad....Ive never had any issues bidding or buying thru ebay with him
RalG |
I still don't believe that ball sold for $12,000. The person had 8 feedback and only bid with you.
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Really Paul??? This is the first thread he has posted on actually trying to defend himself. There has been numerous of them also. I think all this constant attention has started to hurt business a bit and he's trying to save face. Problem is you can't deny that any bidder with 48% and 108 retractions is not up to something. I have purchased from the Rick in the past and not had any problems. I will say that I feel some cards could have gone cheaper but I paid what I wanted to get them. I stopped bidding with him after noticing some issues like what we are discussing. I never said a word, but with all this and the blatant disregard till now I will say I won't ever buy via ebay from him. I am sure he won't want my business at a show either and so be it then. More $ for the next guy:D |
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Well, first what I am saying is that at least he's communicating. I know other sellers wouldn't even dare try to tread these waters regardless of how the negativity might be effecting their business. As for the shilling, yes if there is nefarious business going on that is brought to his attention he should certainly take it seriously. It can't be expected, however, that he will police every single auction. That's why, like I said, it's up to those interested in his items to do some detective work themselves, and then when they have reason to be suspicious, to bring it up with Rick in a professional manner. I think you and I are on the same page, but it's about everyone working together, not just placing the blame and responsibility on one man's shoulders. |
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Probably not and neither will I. Kevin at least your high end PSA cards warrant close to or at the grades given. |
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Paul, I have no idea if anyone's shilling Rick's auctions, and I'm not going to waste my time analyzing all this crap, but.... If a seller is running a crooked business (shilling his own auctions), then if you politely contact him to report "nefarious activity", how do you expect him to respond? Stop typing, it was a rhetorical question - here's the answer: if an ebay business is shilling and you bring it to their attention, they will deny it. If you report it to ebay, ebay will do nothing, as any action on their part impacts their profit. If you talk about it here, again - nothing will happen because if you cost the seller business through not participating in his auctions, he will simply up his shilling to make up for the lost revenue. Give it up - go play in the Mastro thread. |
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