Quote:
Originally Posted by Hankphenom
The distinction between this practice and shill bidding strikes me as negligible. I thought AH's prohibited consignors from bidding on their own items. How is the AH doing it for them any different?
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I agree with this point. Regardless whether the AH is the party entering the bogus bid, the objective is the same -- to induce the bidder to believe a bid reflects genuine market interest from a "real" bidder. The only distinction between this practice and "regular" shill bidding is that this practice is forewarned in the auction rules as allowed to take place. As I stated in my original post (which for some strange reason -- senior moment?
-- refers to AHs as HAs), I regard this distinction to be unconvincing.