Auction Houses and blind bidding

[whitehse]

Leon, I think you now see what many of us experienced at the CU boards. It is like arguing with a wall as he just doesnt get it.. This really is a "beating a dead horse" situation but BBG continues to hit the deceased horse with a baseball bat trying to make his/her point.

[Leon]

Originally Posted by whitehse

Leon, I think you now see what many of us experienced at the CU boards. It is like arguing with a wall as he just doesnt get it.. This really is a "beating a dead horse" situation but BBG continues to hit the deceased horse with a baseball bat trying to make his/her point.

I hear ya Andrew. Unless there is something else I can't resist saying I am done with this subject. The poor horse is dead.

[HRBAKER]

Ebay has evolved to a nearly risk free playground for miscreants whether they use a consignment seller or list the items themselves and use a friend or alt ID to run items up. I am distrustful to a much lesser extent of AHs and figure that most less than honest consignors can figure a way to affect the outcome of a lot if they want to. That is more a reflection of the overall hobby I am in engaged in than anything else.

[calvindog]

There's fraud on ebay and there's fraud in auction houses. This is a fact.

If the auction house isn't run by crooks then their consignors will shill up their lots without direct involvement of the auction house. Either way is fraud.

Consider the value of your collections and subtract 20-25% for 'fraud tax.' That's what your collection is worth.

Oh and by the way, make sure you submit a letter on behalf of Bill Mastro for his upcoming sentencing for fraud in connection with his Mastro Auctions -- you may have been defrauded by him but he still considers you a friend.

[Mrvintage]

Paul I am guessing that your 79 topps baseball set registry on psa isn't public because you don't want people seeing what cards you need and then running the price up on you when they become available. How is that any different than if there is a well known collector trying to buy a card from an AH and having the price driven up on them if there name is "transparent" as you want? Pretty much seems like you are for privacy when it benefits you, but against it when it doesn't.

[dodgerfanjohn]

Originally Posted by Mrvintage

Paul I am guessing that your 79 topps baseball set registry on psa isn't public because you don't want people seeing what cards you need and then running the price up on you when they become available. How is that any different than if there is a well known collector trying to buy a card from an AH and having the price driven up on them if there name is "transparent" as you want? Pretty much seems like you are for privacy when it benefits you, but against it when it doesn't.

Wait, are you actually trying to make that argument that a seller would have shill bidding on his auction if he knew the buyer was someone in particular? And that the seller otherwise wouldn't shill bid the auction?

Wat?

[bobbyw8469]

If I paid $1,000 for a card one month ago, do you think I am going to absolutely hate it at $500??? I bid on alot of cards. I use ONE CLICK BID. Alot of times I don't even look at the seller. I accidentally bid on the card. I see a card that I think is an absolute steal, and I bid on it. I am a VCP member and I see what the current average is on the card. The winning bidder got it for darn near $150 under the average selling price. It was an accident. I would have LOVED to have that card for $600. At $710 the winning bidder absolute stole the card.

If I am a shill bidder, I am one of the worst ones in history, because I lost almost $400 on the card. I had a $800 offer for the card that I had turned down. I saw the card at $500. I accidentally bid on it, thinking of the $800 offer. To call me a shill bidder is ludicrous. How many people in here have lost $400 on a card in just one months time? Not many, I care to wager.....

Bottom line...isn't a shill bidder supposed to bid his items UP, past the point of what he paid for an item?? I am not a shill bidder. I bid nowhere near what I paid. As I stated, I lost $400 on the card. To call me a shill bidder, you might as well call all of you collectos with your nylons, Q-tips and your 'card soaking' as card doctors......

[OTWCards]

Originally Posted by Leon

The poor horse is dead.

The horse has been dead for so long that it looks more like Tito Fuentes tapping his bat on homeplate. There just ain't nothing left of the ol' mule...

[yankeeno7]

The only thing to do from here is that BBG should start her own AH (Im meaning auction house ) with COMPLETE transparency and see how well she does. Dont think that would do well but hey, prove everyone wrong instead of insisting being right and everyone else wrong.