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It is Sickening how badly PWCC Shill Bids!
Simply Sickening.... Every bidder 80% or higher on their auctions, they should be kicked off of ebay!
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163 views and no replies, there are a bunch of SHEEP on this chat board!
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A couple hundred viwes by now. Someone is just sitting there clicking the thread to piss you off :).
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I'm at 76%. Just under your threshold
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Yeah, this topic is stale, but it did raise a new question for me:
How does one tell their own % of bids with a certain seller? I can see others, but not mine. |
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The %s mean nothing to me. They sell way more cards than anyone else. And some people like to bid $2 at a time. Whatever. It's the rampant bid retractions that are the telltale sign of shenanigans. |
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I agree that percentages mean nothing. I have a high percentage with PWCC because they have the most auctions. Zero retractions. |
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56% with PWCC. 0 lifetime retractions. 0 shill bids. |
Really? I bid with less than ten eBay dealers. What do my stats look like besides the fact I have zero retractions in 18 years. As much as I want to stop fraud and shilling, crying wolf anestitises the problem.
And, yes, I consign to PWCC ......and Probstein, REA, Mile High, brockelman, etc. |
shill bidding
I think its dumb to spend big money on baseball cards
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Another one...
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I have been trying to understand for a couple years why so many folks defend them no matter what. Consignors? Shill bidders? Employees? Family members??? They do have their defenders.
For full disclosure I have never consigned anything with them, but I do bid a couple times a year. I always feel like I did something wrong when I win something and like I need a shower. I am going to try not to win anything anymore, but I am addicted to stuff :( |
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Percentage of bid means nothing in terms of shilling. Get over it. Go after the retractors, they are the enemy. |
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If I could only learn how to spell or hit the F7 key the world would be my oyster. 😁 |
Many collectors, myself included, bid almost exclusively on pwcc auctions on ebay because most other sellers list high end cards for BIN or obo. This has been discussed many times, and in most cases is not evidence of shill bidding.
I recently sent them a couple of cards and ended up getting more than I would have selling privately, after consignment fees, without the hassle, and without placing any shill bids. |
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I agree with the previous posters who commented that percentage of bids with PWCC is not necessarily evidence of shill bidding. I posted on here a few weeks that there were dozens of PWCC auctions that had bidders with many retractions; bidders with many retractions is much more damning, IMO, than bidding mostly with just PWCC.
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One of the main things I look for is a very high amount of bids and very low feedback. When you have someone that is placing 100's or 1000's of bids per month and has low feedback #s that is your shill accounts. If you watch certain eBay accounts they stick out like a sore thumb. |
I don't know if I agree with that. I place a lot of bids every month. Sometimes I will place a lowball bid on an item instead of putting it in my watch list. I do it that way because every now and then I end up winning a $20 item for $3 or something like that. I might only win 10% of what I bid on. But I shill nothing. I've been on ebay for 20 years, so I have feedback near 3000, but I've probably bid on 30,000 items over that time.
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One shilling account I have watched off and on for a couple years places 1000's of bids per month on a few 100 items and has a feedback of 67. |
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Let's please don't forget the lawyers who defend the criminals and fraudsters in our hobby while championing against fraud, LMAO. They should get their accolades too.
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It's ridiculous
To think that sellers shill just for attention or publicity .
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If you were to look at someone like Rick Probstein, we know that he starts auctions at 99 cents. To be honest, ANY graded card is worth 99 cents. So, I could see someone bidding on virtually every Probstein auction. If you were the opening bidder at 99 cents, you could bid on thousands of items a year and only win one out of every 200. But, it would be worth your while probably. Hence, high percentage of bids with one seller, with very low feedback.
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It's possible my bid percentage is through the roof with them, simply because I haven't participated in many auctions recently and then went after 15-20 cards on Sunday, placing multiple bids on each.
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Edited to add: Leon, I just called you on your cell so as to avoid yet another public pissing contest on the page. I'm in my office if you'd like to talk. |
Ditto
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..up until last night I'd bid on less than a dozen cards , including "make offer" BINS, since January 1st.....then last night I bid on 39 PWCC auctions ; I imagine that skewed my percentage.......but they were 39 snipes , so would that be a factor in the investigation ? ..do "shill" bidders ever make snipe bids ? What if they win ? Isn't it too late to retract if you're the winner ?? .. |
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Pwcc
I have won a few items with PWCC. I have lost more. Most of the ones I lose are to legitimate buyers that I recognize by their feedback number or name. I once was bidding on a card that I had seen sell via PWCC 2 weeks prior. The person who won the item the first time was shilling it up. I called PWCC out on it and they retracted all of that bidders activity. I know this happens as I know consigners to Brent who bid on their items. Difficult to police but certainly happens until called out.
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I listed about 40 items last year with PWCC, didn't shill them, and about 39 of them went for weak prices. Go figure. It's crazy . . .when you look at VCP for my sale cards it was like the prior sale was $496 and mine sold for $183. Go figure.
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Was reading one set of auction rules recently and it stated that shilling an auction is a violation of a federal crime. I don't know what that law would be. If true, maybe someone should be asking Brent whether he is forwarding on disclosed fraud to his local US Attorneys office.
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Pwcc shill!!
I bid on a card from PWCC just for the heck of it. Within an hour it was bid up just past my bid and now it is just sitting there with the same bid. Do you think I am going to bid on it again? HA HA!! So what does that tell you??? :rolleyes:
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Crazy. ^^^
I just had my 1st experience with PWCC...won't no more. I was expecting to fetch more than I could on my own. Might of as gave the T206 Cobb away. |
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Bottom line: If you are not going to commit fraud or have others do it their auctions get sub par results. What are they doing that you can't do yourself? They do some 20 second write up and mail it. |
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there were a few 51 mantle rookies in the 3-4 range ended last night w/pwcc...and I was surprised how low they sold for...definitely not shilled so it would seem!
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Not trying to defend PWCC by any means but it is up to the collector to bid accordingly. Like the game Leon so graciously has on the board. Take a guess at the price of the card/items you want. Then when it's time to bid don't bid more then that. That's what I do haha sure you lose some , but you also win some. For me getting that card at the price I like is just as important as the card to me.
Know your cards! Know your prices ! Snipe!snipe! snipe! And that should put a end to YOU being shilled. |
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Is there shilling with PWCC? Yep, but there's shilling with every AH. Sub par results are not a given if no shilling is involved. My last consignment with PWCC included about 100 cards, and I estimated a 9k hammer altogether. I didn't shill any of them, and the total hammer was over 11k. Having said that, there's things I would never auction with Brent. I tested out some modern unopened and was not happy at all with the results. I've been handling those myself ever since. I'm actually surprised I've never seen anyone complain about his shipping fees. I wouldn't be surprised if a large amount of his profits come from shipping. |
Obviously if you don't bid more than you're willing to pay you won't have to pay more than you're willing to pay. The problem is that the prices we are willing to pay are, quite reasonably, a function of what others have paid for the same or similar cards in the past. And what others have paid for the same or similar cards in the past is a function of the prevalence of shilling in the hobby.
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Shilling & Sniping Don't Mix
Do you know why every "timed" auction house other than eBay....
(1) requires an initial bid prior to a standard closing time; and (2) extends its auction based on bids after the standard closing time? Because they are consignor-friendly policies that drive prices up, and they do not want to encourage sniping, which keeps prices low. If you are bidding in an eBay auction with a fixed end time, why would you make an "initial bid" prior to closing time? Are you intentionally trying to give more money to the consignor? In this respect, eBay is one place where shilling shouldn't work. If everyone snipes, the shiller has a tougher time pegging his "shill snipe" high enough to lose, but low enough to drive prices up illegitimately. Indeed, if sniping was good for shilling behavior, don't you think eBay would endorse a sniping service, or provide one internally? The fact that they don't tells you everything you need to know about why sniping is good for buyers and bad for consignors and shillers. |
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I do think shilling is an unfortunate, market distorting side effect of the historical baseball card valuation process. But, I do not think there really is anything to be done about it except discourage the practice by prosecuting offenders as they occasionally become identified through their own criminal ineptitude. |
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Perhaps the better formulation is that outlier prices are likely the result of shilling.
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I still believe that a experienced collector can be the judge of a cards value they are in pursuit of. I was bidding on a card last year in one of the auctions they had and I bid early just so it was on my radar. With half the time left the price reach was already more then I was willing to pay for that card in that condition. So I stopped bidding and the next week I found a better example for less( else where) |
Probstein
How does Probstein get to put his contact information in his auction listings? eBay doesn't let me do that. In fact I get warning messages about completing deals off eBay if I correspond too much with eBay members. I guess eBay is willing to look the other way if you're generating massive fee revenue for them.
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"Posting or displaying contact information in a listing, including email, phone number, and mailing address, without the permission of eBay or except as required by law" I guess he got permission. |
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How many lawyers do you think wrote their rules and regulations?
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I have been apart of many two person bidding wars. None of the auctions were shilled. It generally happens on low pop cards from sets that are competitive on the PSA set registry. I too look at the "pack" and use those bids as my baseline for value realizing that gap between the pack and our bids is not real value. Overtime the pack may move closer to the winning bid and if so then the real value has increased. |
I now stay clear of any auction in which a bidder with multiple retractions OR has close to 0 feedback is involved. If PWCC won't adequately police these obvious shillers / crooks, I will. Somebody else can get taken.
jeff |
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Iacard with worth what someone is willing to pay for it but historical prices with suspect bidding (not shilled but only interest between 2 bidders) above 'the pack' i would change that expression to what someone NOW would be willing to pay for it |
What I don’t get is this. Shill bidding or not is irrelevant. They couldn’t have a viable business unless someone at the end of the chain is paying. It might be the second chance offer, but someone is paying a highly inflated price in the end.
Why? PWCC auctions routinely close higher than many BIN listings, who the hell is bidding above the BIN from other sellers? That’s insanely stupid! Case in point 4 sharp corners had a 1984 Fleer Update Puckett PSA 9 for $147, the PWCC auction closed at $202, what morons are bidding up that extra $60? It can’t just be shill bids, or they wouldn’t have a business. |
PWCC has very high visibility and they do a very nice job with their auctions and have a loyal following, so it doesn't surprise me at all that they get strong prices relative to other ebay sellers. What I have never really grasped, though, is some of the crazy premiums they seem to get for commodity cards. I get irrational exuberance on genuinely difficult cards, we're all guilty of that.
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We didn't shill bid. We received as much as 35% less for the exact same card in the exact same auction. You do the math. I will say I hate the title of this thread as I seriously doubt PWCC is actually doing the shilling. Also what is the difference with PWCC versus any of the other online auction houses? How are they magically stopping shilling? |
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I agree :) |
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With that many cards on the auction block, experiences are going to vary. I don't think the fact that some guys did relatively poorly means that every strong price is shilled. At the same time, I have seen some that leave me shaking my head and some bidding patterns that looked pretty damn suspicious and it wouldn't surprise me at all if they were consignors running up their own.
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