Quote:
Originally Posted by Peter_Spaeth
Not endorsing it, but the theory is that if shill bidding inflates the price for an auction, it gets reported as a comp which then influences the price of the next sale of the same or similar item.
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Fair enough. Maybe to clarify, I get the general theory. I just don’t get the fiction where you ignore that you had a choice to bid at that price and proceeded of your own volition.