Quote:
Originally Posted by 1952boyntoncollector
The issue is..if the shillers truly lose 20% if they 'win' their item and dont get a courtesy waiver..i really dont see how someone would want to risk 'winning' a 2000 dollar card and having to pay 400 for their own card...
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I think people probably shill early on to 'kindle' the bidding. I also think that if someone has a low-population or unique item that they want to get a certain amount for, it's going to be worth it to them to shill it, even if it means buying it back;e.g-I paid over $6,000 for a unique item and consigned it. It sold for $3,100. If I were someone who thought shilling my own auctions was okay, I could have possibly won it for the next bid and paid the 20% fee (or had my shiller pay it). That would by far offset a $2,900 loss from selling it for $3,100. I have told that story to a few people, and had more than one look at me like I was crazy and ask why I didn't win it back. People here really do think that way.
But I agree it is difficult to imagine most items selling for prices that would make it worth paying 20% to get your item back.