Nobody cares about ebay shill bidding but

[ALR-bishop]

....or minimum bids , or reserves or BINS...what practical difference does it make to me as a buyer. The seller has a price he is willing to sell and I as strictly a buyer I have a price I am wiling to pay. I let ebay worry about their fees and let my snipe decide if I win. Shilling means little to me as a buyer... from a practical standpoint. Ethics is another matter.

[Peter_Spaeth]

Originally Posted by ALR-bishop

....or minimum bids , or reserves or BINS...what practical difference does it make to me as a buyer. The seller has a price he is willing to sell and I as strictly a buyer I have a price I am wiling to pay. I let ebay worry about their fees and let my snipe decide if I win. Shilling means little to me as a buyer... from a practical standpoint. Ethics is another matter.

Not when you can retract, Al. Then you can see how high the top guy is and push him up as high as he will go. That is not the same as a reserve.

[Qcards]

I will vouch for Rick's character here. I have consigned many items with him and have been paid promptly and in full for every auction.

What benefit is it for him to have things shilled if he ends up winning things accidentally?

I would say to those doubters that you should use his service first before criticizing.

[tschock]

Originally Posted by Qcards

I will vouch for Rick's character here. I have consigned many items with him and have been paid promptly and in full for every auction.

Devil's advocate here. How does being paid on time vouch for his character? I mean, if there IS shill bidding going on, that should not impact on how he pays his for the items consigned to him. In fact, when you think about it from the BIDDING side, his model would HAVE to rely on keeping consignors happy, since that provides MORE opportunity to make MORE money from shill bidding.

Originally Posted by Qcards

What benefit is it for him to have things shilled if he ends up winning things accidentally?

How does he win things accidentally? What about the constant bid retractions? The shills retract until the non-shill wins. So how does he end up winning the item??? Even if he did, it's his cost of doing "business". Sometimes you lose, but most times you win. And enough to cover any "losses".

Originally Posted by Qcards

I would say to those doubters that you should use his service first before criticizing.

Again, CONSIGNMENTS to him have NOTHING to do will shill bidding (if that is going on). But I'm sure there are consignors that don't care about shill bidding since THEY make more money too. Not saying YOU do, just saying...

DISCLAIMER: I am NOT claiming that this is being done, just pointing out how vouching as a consignor doesn't PROVE anything is on the up-and-up when it comes to bidding.

[robw]

x

[tschock]

Originally Posted by robw

As I stated on the board before, got back into the industry after a long hiatus. Many, many ebay searches into this, the seller has a great feedback rating, lots of high-grade cards, making him presumably a reputable seller. I even bought a card via "Buy It Now" from him. Quick shipping, great transaction.

However, after reading the many threads about a potential for shill bidding, I can honestly say that I will never bid on one of this seller's auctions again, unless the seller attempts to clean this up. A seller can stop these actions if they want to-just a couple of ways:
1-No bids will be accepted with 25 feedback or less, unless pre-registered.
2-Choose your consignors carefully. As an auctioneer, you represent the consignor of an item. If there is reason to suspect manipulative or deceitful practices, you should not do business with said consignor. It can only hurt you in the long run.

3-More than "X" number (2,3,5?) bid retractions gets you banned from future bidding.

[nsaddict]

Mike Q. you are way OUT of the loop here! No doubt you get paid in a timely fashion, but that has NOTHING to do with this thread. However, I'm not suggesting Rick shills himself, but does very little to combat the problem. Please explain why a high percentage of his auctions have bidders bidding almost exclusively with him, many that have low feedback with high retractions. Also he doesn't get "stuck" winning items. You need to go back and read the facts here. If you don't get it you never will.

an example... http://tinyurl.com/mna8w3m check bidder with 641 feedbacks

edited to add:
Bidder Information
Bidder: a***c ( 641Feedback score is 500 to 999)
Feedback: 100% Positive
Item description: 2009 Bowman Chrome BLUE Refractor Mike Trout RC 150/150 BGS 9.5 w/ 10 AUTO
Bids on this item: 4

30-Day Summary
Total bids: 167
Items bid on: 72
Bid activity (%) with this seller: 53% Help
Bid retractions: 0
Bid retractions (6 months): 93

[Leon]

Originally Posted by nsaddict

Mike Q. you are way OUT of the loop here! No doubt you get paid in a timely fashion, but that has NOTHING to do with this thread. However, I'm not suggesting Rick shills himself, but does very little to combat the problem. Please explain why a high percentage of his auctions have bidders bidding almost exclusively with him, many that have low feedback with high retractions. Also he doesn't get "stuck" winning items. You need to go back and read the facts here. If you don't get it you never will.

an example... http://tinyurl.com/mna8w3m check bidder with 641 feedbacks

Doesn't everyone have 93 bid retractions in the last 6 mos.? I actually think this is almost one for law enforcement. It is that over the top.

[Qcards]

To Richard L; not sure where you are coming from re "not getting it".

I have been to Rick's office to drop off items and if you saw the operation in action, you would realize that the guy doens't have time to micro manage bidding action on every lot.

This is more of an eBay problem than a seller issue.

[Leon]

Originally Posted by Qcards

To Richard L; not sure where you are coming from re "not getting it".

I have been to Rick's office to drop off items and if you saw the operation in action, you would realize that the guy doens't have time to micro manage bidding action on every lot.

This is more of an eBay problem than a seller issue.

I want to trust Rick too...but how do you explain not taking action against someone that bids over 50% of their bids, on your items, with 93 bid retractions in the last 6 months? Is that the behavior of an honest person?

[vintagetoppsguy]

Originally Posted by Qcards

This is more of an eBay problem than a seller issue.

You're wrong, dude! When the seller is made aware of it and does nothing about it, it's definitely a seller issue. The fact that Rick had been made aware (twice now) of Panky shilling his own auctions and does nothing about it speaks volumes of Rick's character.

Edited to add: Not only does Rick do nothing about it, he still lets Panky continue to consign with him.

[nsaddict]

Mike, you really can't speak for his entire operation? And I disagree it's only an ebay issue. There are other prolific sellers on ebay that have cancelled bids with low feedback or high retractions, perhaps you could mention this to Rick? Could you post the items you consigned in the last 90 days? Do you happen to know Joe Pankiewicz?

[tschock]

Originally Posted by Qcards

To Richard L; not sure where you are coming from re "not getting it".

I have been to Rick's office to drop off items and if you saw the operation in action, you would realize that the guy doens't have time to micro manage bidding action on every lot.

This is more of an eBay problem than a seller issue.

Seems like you are either apologizing for, or just ignoring the aspect of shill bidding, as you are ignoring the proof provided of Rick's knowledge of this. (see Panky thread http://www.net54baseball.com/showthread.php?t=174608, among other examples provided)

Or, just a thought as to another possibility..... You DO get it, but as a consignor, simply enjoy the "fruits of shilling", whether doing it yourself or not?

Nothing motivates people more than a vested interest.

[Lordstan]

Interesting thread.
I have bought an item or two from Rick and didn't feel I was shilled, but others experience obviously differs.

My point to responding was to the discussion about how having a max bid in mind and using a snipe does in fact work, to a degree, to protect bidders from shilling.

My understanding of the most common way a shill works is that they bid up an auction to see where another bidders top bid is and then retract to just below it. If I place my max bid 10-20 seconds or less from the end there is really no time for a shill to bid me up to my max. If the winning bid is below my max I win, if not I won't, but there isn't really way, in this model, for a shiller to get me to pay more.
Another shill model, is to bid until they hit an amount and force people to bid above that amount. In a sense, this creates a hidden reserve amount. Well, in this case, if I am willing to pay $500 for something and a shill bids it to $200 right at the beginning I can still choose whether I want to pay the $200 or not. While it might've sold for less without the shill, it also might've not been for sale if the consignor wasn't guaranteed they were going to get the $200 or it would've started with a $200 reserve/opening bid to begin with. While starting with an opening bid of $200 would be more transparent and/or ethical, the net result is pretty much the same. I put a snipe of $500 with 5 secs to go and I either win it for over $200 or I don't.

If you believe that Rick is either complicit in the shilling or is implicitly approving of the misbehavior by inaction, certainly you can voice your opinion, by not supporting his auctions. That being said, my experience is that stuff trumps all. I think Kenny's quote sums it up perfectly.
"I think one big problem is that all too often stuff trumps everything else. If you've been looking for a specific card for a long time and it finally shows up, I suspect there is a tendency, at least on the part of some people, to bid on the card, try to win it, and then bitch about being cheated after they've filled their want list."
I also don't think Sports Memorabilia is alone in this quagmire. I think it's very a common pattern of behavior in any collectible arena.

[packs]

What's the deal with bidders who bid excessive amounts of times? I saw one auction recently that had something like 33 bids but the high bid was something like $25. Why?

[vintagetoppsguy]

Originally Posted by Lordstan

My understanding of the most common way a shill works is that they bid up an auction to see where another bidders top bid is and then retract to just below it. If I place my max bid 10-20 seconds or less from the end there is really no time for a shill to bid me up to my max. If the winning bid is below my max I win, if not I won't, but there isn't really way, in this model, for a shiller to get me to pay more.

I'm not sure sniping eliminates shill bidding. I hear others say that, but I'm not so sure it's true. There are also snipe shills (or is it a shill snipe?) that you have to consider.

Let's say a seller has a card and they really don't want to take less than $100 for it. They start the auction at $.99 and let it run. With a couple hours left in the auction, it's only at $30 and the seller starts to get nervous. The seller places a snipe of $99.99 with one of their other accounts and that ensures that it won't go for less than their desired amount. Well, let's say you have a snipe of $95, but you lose to the snipe shill of $99.99. You got shilled and never even knew it.

It's a snipe, but it's also a shill. Too many people focus on the shill during the auction and not the snipe shill at the end of the auction which happens way too often.

[brob28]

Originally Posted by ALR-bishop

....or minimum bids , or reserves or BINS...what practical difference does it make to me as a buyer. The seller has a price he is willing to sell and I as strictly a buyer I have a price I am wiling to pay. I let ebay worry about their fees and let my snipe decide if I win. Shilling means little to me as a buyer... from a practical standpoint. Ethics is another matter.

But Al, it may mean little to you as a buyer from a practical standpoint, but potentially a lot from a monetary standpoint.