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#17
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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.
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My signed 1934 Goudey set(in progress). https://flic.kr/s/aHsjFuyogy Other interests/sets/collectibles. https://www.flickr.com/photos/96571220@N08/albums My for sale or trade photobucket album https://flic.kr/s/aHsk7c1SRL |
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