Rogue REA employee on eBay?

[Dean Faragi]

I would like to come on the board for the first time (not my idea of a great first entrance) to explain my end of the situation. My eBay handle is hobbyguynj since 2001. My friend (smgsmg1968) is a collector who I introduced to collecting, and who has been buying cards from me for the last three years as an investment. He has recently lost interest and decided he wanted to sell them on eBay with my assistance. I was not interested in selling his cards for him on eBay but was interested in buying them back at some level, and because I sold them to him, was also happy to help him with information; smgsmg1968’s name is Scott, by the way). I have bid and won some items he has offered on eBay (which I originally submitted for grading and later sold to him). I have bid on the items he is selling for two reasons: 1) because I liked the cards I sold him (I originally owned them, I bought them because I liked them), and 2) if the current bid was less than what the card was worth (in my opinion) I was interested in buying them back at some level. With reference to DJR’s questions:

DJR writes:
“You stated, ''Dean did not do anything whatsoever relating to shill bidding''. This statement is crazy! You also state, ''It is also the first and only time Dean Faragi has done this'', however, this also happened with the Moran hockey card. Furthermore, feedback shows this type of activity has been habitual taking place going back months and years. The hobbyguynj feedback also mentions the name Dean.”

DJR, the bidding that has occurred by me on eBay or anywhere else is not shill bidding. The statement that this is “the first and only time Dean Faragi has done this” refers to this (as accurately summarized above): “What he did do, and this is not a practice condoned or tolerated at REA, is represent to a PSA registry set owner that the two A&G flag cards he was offering privately (that were actually up for auction on eBay and closing that night) were his (when in fact they were not, they were just on eBay) and soliciting an offer which he intended (and actually did) use to bid on the cards, with the intention of selling them to the PSA registry collector if his bids were successful.” I did this. It was stupid. It will never happen again. But I have never shill bid and was not shill bidding on the A&G flag cards or any other cards ever. The reason that hobbyguynj feedback mentions the name Dean is because that is my name. I can see how someone could misinterpret the information about the PSA submissions and bidding and without additional facts suspect that bids are not on the up and up, but they are totally legitimate bids on my part, and so all I can do is explain this clearly. I hope I have done that here.

Sincerely,
Dean Faragi