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#11
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The solution is for law enforcement to go after these auction houses, and if they are convicted of fraud, to penalize them heavily.
As far as whether or not to bid, I don't have an answer. Certainly Jeff is correct that if you leave a ceiling bid and the lot gets to the limit due to shilling, it's not acceptable at all. You should only have to pay one increment above the last real bid. Period. And if one were to boycott all auction houses where even the possibility of fraud exists, then it's time to find a new hobby. |
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