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#11
01-28-2016, 09:48 PM
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From post 211
To Craig Schwartz, "In each instance our bids were made with the intent to buy back the item and a willingness to pay the buyer’s premium" Is that what you call a good business plan? What about the consignment premium? Didn't you have to pay that also? Doesn't that mean you'd have to purchase your own item and pay out about 30% (or more for both the buyer and sellers premiums) just to have the item consigned in the auction? Here's the ebay definition of shill bidding: Shill bidding happens when anyone—including family, friends, roommates, employees, or online connections—bids on an item with the intent to artificially increase its price or desirability. I'm not a very smart person, but doesn't what you indicate constitute "shill bidding" if you apply the ebay definition? 
__________________
fr3d c0wl3s - always looking for OJs and other 19th century stuff. PM or email me if you have something cool you're looking to find a new home for. |
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