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#11
08-17-2012, 10:15 PM
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The $600/$300K house example is a good one to work with. What if the shill in that example was legitimate, does that mean your house is still worth $600K? It only retains that value if the runner up is still in the market at that price.
To the extent shilling messes up the market price of an asset, then I see a real concern engaging in an auction in that market. I would certainly be reluctant to bid in auctions where I depend on the value of an item not being the result of a potential shill. But I will gladly pay $1,000+ more than the next highest bidder on a signed T206 that I don't already own. In that case, market value is wholly irrelevant to me.
__________________
Galleries and Articles about T206 Player Autographs www.SignedT206.com www.instagram.com/signedT206/ @SignedT206 
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