Quote:
Originally Posted by parkplace33
Glad you both brought up this topic, because I had discussed a similar scenario with friends at a card show this weekend.
My scenario was an auction house wants to sell a signed Ty Cobb bat in the future. No current comps for that piece, so the AH puts a fake listing in their next auction to get a comp. The fake listing sells, the buyer doesn't get it, bingo, comp for a future auction. Again, from reading this thread, most would not have a problem with this, because legally, no one is harmed.
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A few years ago, in a thread regarding shill bidding, we discussed this notion of fake comps (items bid up by shill bidders who don't pay,) and then the general outcry was that everyone was harmed by the false value information it put into the market.
But now the standard seems to have shifted, for some, to "No harm, no foul."
Shill (fake) bidding is bad; phantom auction items are okay. And what's weird is, only half of us see the hypocrisy.