Can't fight City Hall- eBay protecting their large sellers (probstein content)

SAllen2556 · #1 01-14-2015, 06:12 PM

As a collector, I don�t want anyone bidding on a card they don�t want to win, but artificially boosting the price of an eBay auction can occur in other ways besides the seller or the consigner directly shilling the card, so in the long run, what�s really the difference?

Say I�m selling what I believe to be a unique card on eBay. I set my price very high. I notice after I set my price that someone else is now auctioning the very same card and it looks like it will sell for much, much lower than mine, so I place a bid or two to jack up the price in order to protect the value of my card. Wouldn�t that have the same result to the eventual buyer of that card as if it were shilled? Should that also be illegal if it could be proven?

Shilling might as well be legal and accepted as part of the dynamics of an auction. After all, there is a risk, reward factor to the person who shills, and anyone can artificially increase an auction price if they have the guts to do it.

Runscott · #2 01-14-2015, 06:49 PM

Quote:

Originally Posted by SAllen2556

Shilling might as well be legal and accepted as part of the dynamics of an auction. After all, there is a risk, reward factor to the person who shills, and anyone can artificially increase an auction price if they have the guts to do it.

Except it isn't, and not everyone does.

I don't shill my own auctions, and I cancel bids if they even give an appearance of shilling. Are you saying that I'm not selling correctly?

Peter_Spaeth · #3 01-14-2015, 07:23 PM

Quote:

Originally Posted by Runscott

Except it isn't, and not everyone does.

I don't shill my own auctions, and I cancel bids if they even give an appearance of shilling. Are you saying that I'm not selling correctly?

The last honest man left standing.

Runscott · #4 01-14-2015, 07:30 PM

Peter, it might seem like I'm saying that, but I'm not. I think MOST ebay sellers run their auctions EXACTLY like I do. I disagree with the apologists' view that 'Everyone is probably doing it'. The problem is that the few who are certainly doing it, represent a massive amount of the card sales on ebay, so volume-wise it's a worse problem than 'a few sellers are cheating'.

Peter_Spaeth · #5 01-14-2015, 07:44 PM

Quote:

Originally Posted by Runscott

Peter, it might seem like I'm saying that, but I'm not. I think MOST ebay sellers run their auctions EXACTLY like I do. I disagree with the apologists' view that 'Everyone is probably doing it'. The problem is that the few who are certainly doing it, represent a massive amount of the card sales on ebay, so volume-wise it's a worse problem than 'a few sellers are cheating'.

Scott just teasing, I agree with you. I am na�ve enough to think most people still have integrity. But a lot don't.

D. Bergin · #6 01-15-2015, 12:50 PM

Quote:

Originally Posted by Runscott

Peter, it might seem like I'm saying that, but I'm not. I think MOST ebay sellers run their auctions EXACTLY like I do. I disagree with the apologists' view that 'Everyone is probably doing it'. The problem is that the few who are certainly doing it, represent a massive amount of the card sales on ebay, so volume-wise it's a worse problem than 'a few sellers are cheating'.

+1

Everyone is most certainly NOT probably doing it. Judge individual sellers on Ebay on their own merits, not the entirety of Ebay as a single juggernaut.

It's like saying Mastro is crooked, Mastro is an auction house..........therefore, all auction houses are crooked.

Exhibitman · #7 01-15-2015, 01:39 PM

Much of what I am reading in this thread is either naive or appallingly ignorant. The one salient fact on shilling is this: shilling an auction is illegal. It is the e-quivalent of mugging the buyer. End of debate over its legitimacy: as a matter of law that it is never OK.

Shilling is not placing a reserve on an item. Placing a reserve on an item is a legitimate option on eBay but many bidders don't like to see that little "reserve not met" line on the listing, so many sellers balk at using them.

Dress it up all you like but shilling is a fraud on the buyer, who is lulled into believing that the auction started at the opening price and was honestly bid by legitimate bidders to a price one bid increment below the winning price, when it was not.

Shilling corrupts the database of value research. VCP and every price report of actual results is skewed by the overblown and/or fake results reported on shilled auctions.

As for Probstein bidders who bid only with him, how realistic does that seem? I don't know of any active card buyer who bids only with one eBay seller. Does anyone here confine their bidding to one seller? If so, let's hear it.

sbfinley · #8 01-15-2015, 02:50 PM

Quote:

Originally Posted by Exhibitman

As for Probstein bidders who bid only with him, how realistic does that seem? I don't know of any active card buyer who bids only with one eBay seller. Does anyone here confine their bidding to one seller? If so, let's hear it.

Adam, I gave a real example in a previous post. I purchased very little, in terms of cards, this year when compared to previous years. At most 2-3 items a month through eBay and probably 75% of those items were BIN or BO. Later in the year I changed my focus and began buying more. Around October/November I noticed and bid on several (7-9) cards in the same week with Probstein. I won 3-4 and was the underbidder on the rest. Had the winners of the other cards checked the bid history I could almost guarantee my bid history with Probstein would have 90%+ because eBay only tracks bid history for 30 days and because of how little I've bid on in the recent past. What should a seller like Probstein, who already offers a 14 no hassles return policy, do if one of the other winners saw my bid history and though he/she was shilled? Give them all a partial refund? For every person here who makes dozens of bids a day on objects of their hobby there are hundreds to thousands who pick of cards in prolonged intervals, usually multiple purchases at once when funds have been saved.

Nobody disagreeing with the main points of this thread and countless others like it believe shilling is acceptable, just that it's a fact of the system. Even if Probstein, PWCC, or whomever else took every feasible step to try and stop it any a-h@le can find a way to consign and shill a card anonymously. I've never done it, but I'd imagine it can't be that freaking difficult. Some people here call that idealism silly. I call it common sense, but whatever.

VoodooChild · #9 01-15-2015, 02:51 PM

Quote:

Originally Posted by Exhibitman

Shilling corrupts the database of value research. VCP and every price report of actual results is skewed by the overblown and/or fake results reported on shilled auctions.

So how/where am I supposed to buy cards for prices that are not influenced by ebay shill bidding? Can we as a card collecting community file a class action lawsuit against ebay for turning a blind-eye? What is the solution? Or is this just something we have to live with in this digital auction world?

I can tell you that shilling is happening for a lot more than sports card/collectible ebay auctions. My wife wanted to buy a roll of fabric. She put in a max bid an lost at auction close. She said "I can't believe there's somebody else in this world who wanted that ugly fabric". A couple days later, she said that same fabric is listed as an auction by the same seller. We checked the previous auction she lost...the winner had 90% bidding history with the seller and tons of retractions.

I'm not saying that I condone it, but what are we supposed to do when the market value of the cards we want are set by shilled ebay auctions? We can boycott certain ebay sellers and ebay itself, but what about respected auction houses and the BST here? Aren't the "market value" prices we pay there also determined by shilled sales?

SAllen2556 · #10 01-14-2015, 07:29 PM

"I don't shill my own auctions, and I cancel bids if they even give an appearance of shilling. Are you saying that I'm not selling correctly?"

No. What I'm saying is artificially inflating an auction can be done by someone other than the buyer or seller and you might never know it happened. And it wouldn't be strictly defined by the law as shilling, but the effect would be the same to the buyer of the card.

I could bid on your auctions just to jack up the prices of your cards which I also happen to be selling at the moment for the benefit of the my own cards. How would you ever know? I just think it's a slippery slope and something that can't possibly be enforced. The lure of the mighty dollar will always win.

Runscott · #11 01-14-2015, 07:35 PM

Quote:

Originally Posted by SAllen2556

"I don't shill my own auctions, and I cancel bids if they even give an appearance of shilling. Are you saying that I'm not selling correctly?"

No. What I'm saying is artificially inflating an auction can be done by someone other than the buyer or seller and you might never know it happened. And it wouldn't be strictly defined by the law as shilling, but the effect would be the same to the buyer of the card.

I could bid on your auctions just to jack up the prices of your cards which I also happen to be selling at the moment for the benefit of the my own cards. How would you ever know? I just think it's a slippery slope and something that can't possibly be enforced. The lure of the mighty dollar will always win.

That is an interesting argument, but it isn't shilling and isn't even vaguely on a slippery slope. If you aren't a friend of the seller and you have every intention of paying for the item, it is exactly what you just said it was: a collector putting a bid in to protect his investments.

earlywynnfan · #12 01-14-2015, 07:42 PM

Quote:

Originally Posted by SAllen2556

"I don't shill my own auctions, and I cancel bids if they even give an appearance of shilling. Are you saying that I'm not selling correctly?"

No. What I'm saying is artificially inflating an auction can be done by someone other than the buyer or seller and you might never know it happened. And it wouldn't be strictly defined by the law as shilling, but the effect would be the same to the buyer of the card.

I could bid on your auctions just to jack up the prices of your cards which I also happen to be selling at the moment for the benefit of the my own cards. How would you ever know? I just think it's a slippery slope and something that can't possibly be enforced. The lure of the mighty dollar will always win.

But if you bid on my auctions just to jack up the price, you run the risk of actually winning the auction, in which case I'd expect you to pay.

I understand what you're saying that an auction price isn't necessarily the true value of an item, but I think you'd have to agree that the scenario you present is far different than if I run up my own auction, or if I let my wife/kid/friend do it for me.

Ken

SAllen2556 · #13 01-15-2015, 02:14 PM

Quote:

Originally Posted by earlywynnfan

But if you bid on my auctions just to jack up the price, you run the risk of actually winning the auction, in which case I'd expect you to pay.

I understand what you're saying that an auction price isn't necessarily the true value of an item, but I think you'd have to agree that the scenario you present is far different than if I run up my own auction, or if I let my wife/kid/friend do it for me.

Ken

I'm confused. You're saying it's ok for me to bid up (shill) an auction in which I am neither the buyer nor the seller - just to protect the value of my card, but the actual owner of the card does not have that right to shill his own card?

If I shill your auction, yes I could win it and have to pay. But that's ok, because I've accomplished my goal of protecting the value of my card. But if I shill my own card I run the same risk of winning it, don't I? And if I shill my own item, aren't I also just protecting the value of my card? I don't see a real distinction.

If you're outlawing shilling your own card, then you should outlaw shilling cards you don't really want, but are bidding on just to jack up the price. But you could never enforce it. Which is why shilling your own card should be legal......I think...maybe.

D. Bergin · #14 01-15-2015, 02:38 PM

Quote:

Originally Posted by SAllen2556

I'm confused. You're saying it's ok for me to bid up (shill) an auction in which I am neither the buyer nor the seller - just to protect the value of my card, but the actual owner of the card does not have that right to shill his own card?

If I shill your auction, yes I could win it and have to pay. But that's ok, because I've accomplished my goal of protecting the value of my card. But if I shill my own card I run the same risk of winning it, don't I? And if I shill my own item, aren't I also just protecting the value of my card? I don't see a real distinction.

If you're outlawing shilling your own card, then you should outlaw shilling cards you don't really want, but are bidding on just to jack up the price. But you could never enforce it. Which is why shilling your own card should be legal......I think...maybe.

Nah man, what you're describing is basically "bidding". There's a world of difference between somebody bidding on a card because it's going too cheap, and intend to pay for it if they were to win (might as well just outlaw auctions right now, if that's the case)...............then a dealer shilling up his own auction.

A huge difference!

Runscott · #15 01-15-2015, 02:51 PM

Quote:

Originally Posted by D. Bergin

Nah man, what you're describing is basically "bidding". There's a world of difference between somebody bidding on a card because it's going too cheap, and intend to pay for it if they were to win (might as well just outlaw auctions right now, if that's the case)...............then a dealer shilling up his own auction.

A huge difference!

Dave - surely you understand that if we can't get into the mind of a complete stranger to identify his motives for bidding on an item, then all shilling should be legal?

1952boyntoncollector · #16 01-15-2015, 02:42 PM

Quote:

Originally Posted by SAllen2556

I'm confused. You're saying it's ok for me to bid up (shill) an auction in which I am neither the buyer nor the seller - just to protect the value of my card, but the actual owner of the card does not have that right to shill his own card?

If I shill your auction, yes I could win it and have to pay. But that's ok, because I've accomplished my goal of protecting the value of my card. But if I shill my own card I run the same risk of winning it, don't I? And if I shill my own item, aren't I also just protecting the value of my card? I don't see a real distinction.

If you're outlawing shilling your own card, then you should outlaw shilling cards you don't really want, but are bidding on just to jack up the price. But you could never enforce it. Which is why shilling your own card should be legal......I think...maybe.

I basically agree...if you prepared to have to pay 20% if you 'win' your own card I really think all of this is a non issue..

I guess if an auction house says 'shilling is allowed but the bidder who wins will have to pay 20%'..i would be confortable bidding knowing that if the owner of the card was really bidding on his own card he was willing to risk 20% on top of his bid if he 'wins' the card...that to me is a legitimate bid for him to take the risk.

Standard language on most AH contracts : Neither you or nor anyone on your behalf acting as your agent may bid on Memoribilia you have tendered to us. If you violate this provision of the Agreement, and you have the highest bid on an item or lot, you will pay us the commission and Buyers Premium on the item or lot upon which you are the highest bidder. There are no exceptions to this provision"

So even though they forbid it..they still allow it to go through if you pay the bp....I don't see a problem with that...that's shilling ..the seller wiling to eat 20%...then that item was going way to low for him....if seller thinks the item is about to sell 10% under market you think he will want to pay 20% to preserve that? no way..he will let it go..

Qcards · #17 01-16-2015, 08:55 AM

I read these threads where Rick is accused of shilling and I don�t really get it.

I am a regular consignor to Rick. I send him my stuff, he scans it, lists it and sends me the funds, minus his fee, after the auction is over.

My items generally go for market value and I am happy with his services.

If you look at the amount of items he is listing and closing every day, he does not have time to monitor if people are bidding on their own items.

calvindog · #18 01-16-2015, 09:05 AM

Quote:

Originally Posted by Qcards

I read these threads where Rick is accused of shilling and I don�t really get it.

I am a regular consignor to Rick. I send him my stuff, he scans it, lists it and sends me the funds, minus his fee, after the auction is over.

My items generally go for market value and I am happy with his services.

If you look at the amount of items he is listing and closing every day, he does not have time to monitor if people are bidding on their own items.

How about I offer Rick Probstein the opportunity to take a polygraph test and answer a few questions about fraud? If he passes he gets $100,000. If the results show that he has engaged in fraud he pays me $20,000. Since he hasn't done anything wrong this should be an easy pay day, right? Maybe you can get in on the bet?

vintagetoppsguy · #19 01-16-2015, 09:14 AM

Quote:

Originally Posted by Qcards

he does not have time to monitor if people are bidding on their own items.

I said I was done with this thread, but I need to address this statement because it keeps getting repeated over and over by multiple individuals.

Nobody is asking Rick to monitor his auctions. We're asking that he do something about those who are caught red handed shilling their own auctions (like blocking consignors). Is that really asking too much or am I being unreasonable?

Peter_Spaeth · #20 01-16-2015, 09:24 AM

God forbid a business owner monitor his own business to make sure it is operating honestly. Yeah that is expecting WAY too much.

Leon · #21 01-16-2015, 09:31 AM

Quote:

Originally Posted by vintagetoppsguy

I said I was done with this thread, but I need to address this statement because it keeps getting repeated over and over by multiple individuals.

Nobody is asking Rick to monitor his auctions. We're asking that he do something about those who are caught red handed shilling their own auctions (like blocking consignors). Is that really asking too much or am I being unreasonable?

No it's not unreasonable. We in the auction house business do monitor our auctions. No, we aren't perfect but we will respond to any situation that doesn't look to be on the up and up. And I know for a fact several other auction houses do it too as I have gotten calls from them concerning these kinds of issues.

And I am with you David, because someone submits a card to a company and doesn't shill it doesn't mean it doesn't happen (and happen often) with their other consignors. I personally don't have proof of the Probstein issues other than what has been pointed out on this board. And they are worrisome.

In Probstein's defense, I asked him about this one time and he sent me a list of at least a hundred (I think it was a few hundred) bidders he had blocked on ebay, due to these type issues. Is he doing enough, I don't know?

tschock · #22 01-16-2015, 12:01 PM

Quote:

Originally Posted by Qcards

I read these threads where Rick is accused of shilling and I don�t really get it.

I am a regular consignor to Rick. I send him my stuff, he scans it, lists it and sends me the funds, minus his fee, after the auction is over.

My items generally go for market value and I am happy with his services.

If you look at the amount of items he is listing and closing every day, he does not have time to monitor if people are bidding on their own items.

Call me confused, but what I "don't really get" is these kinds of justifications. What you are saying is that Rick sells my stuff fine, I get my money, so what's everyone's problem? I don't think there is ANY question about Rick getting the money for his consignees. He is obvious doing something right for his CONSIGNEES. But what about the buyers being screwed?

Sorry but to me, these kinds of posts reek of the "I'm getting mine so I don't have a problem with it" kind of response.

calvindog · #23 01-17-2015, 09:34 PM

1970 Topps Rico Petrocelli, PSA 9

7/30/14 eBay $35.00
3/2/14 probstein123 $202.50
1/10/13 eBay $42.00
12/16/11 eBay $29.99
6/2/11 eBay $30.00
3/16/11 eBay $22.00
2/13/11 eBay $28.51
7/14/10 eBay $30.00
11/20/09 eBay $29.99
4/3/09 eBay $52.50
5/27/08 eBay $30.00
4/29/08 eBay $45.00
1/9/07 eBay $36.11

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