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#1
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#2
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Case in point, this Johnson card is worth maybe $1,100. If everyone sticks to what the card is worth then the card will just go back to the consignor/shiller. The consigner will (presumably) pay his consignment fees and consign the card again, it doesn't sell again and the process repeats itself. It will keep repeating itself until the consignor eventually doesn't shill and accepts that the card is only worth $1,100. It's the crazy bidders who NEED this card that create such a rampant shilling problem. |
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This wouldn't happen if the consignor shills under a 0 feedback account and becomes nonpaying bidder. Then what probably would happen would be that PWCC would give the underbidder a 2nd chance offer or re-list for the consignor in the next auction. Since PWCC didn't know the consignor was nonpaying bidder, they wouldn't charge a consignment fee.
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