Quote:
Originally Posted by Rhotchkiss
Let me preface this reply by saying I think bums 1953 is hands down one of the top 5 D-Bags on this site. So now that you know how I really feel, I have no problem with someone buying their own card back at auction -- as long as they complete the transaction, and presumably pay the buyer's premium. why not? Its tantamount to putting a reserve on a card, except much more costly (unless the AH charges a BP on the unmet reserve amount, which Heritage does). It is not shill bidding, because the intent is not to make someone pay more, but rather a way of protecting an investment if you believe the card is not selling for what it is worth, or you simply have sellers remorse and do not want to lose the card.
Ryan Hotchkiss
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Your argument is pure semantics. The outcome and purpose are the same - trying to increase your card’s price and, in turn, your net. The purpose behind shill bidding (with a fake account or through an agent) is to increase the card’s hammer price to make more money.
The purpose behind openly bidding on your own card is to increase the card’s hammer price, because you feel it is selling lower than it should - i.e. you won’t make what you feel like you deserve. The only difference is possibly the intent, but the outcome and purpose are the same. This is why AHs allow people to choose a reserve price.