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#35
10-10-2010, 08:42 AM
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One other point - the "intent" argument is slippery. You contend your intent is to win the lot which is what differentiates it from shill bidding, where the intent is to drive up the price. While I don't doubt you would be happy to win the lot at the wholesale prices you are bidding at, I'd imagine that the fact that if you don't win, the bid was driven up, isn't a terrible consequence from your perspective; your consignor is happier and you take in a higher BP. I'd also suggest that a shill bidder has a price that he'd rather have his item back at then sell it, in which case, his bids seem similar to what you are doing.
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