Shill Bidding

[Snapolit1]

I suspect that the guy who gives the Mantle card to PWCC tells his best friends to run it up till it gets to a realistic number and then see what happens. No shiller with an empty wallet really wants to end up holding that size bag when the music ends. Maybe it has more to do with the insanity of PWCC starting a $75,000 Mantle card at a penny.

I like PWCC. They seem to run a very professional gig. Customer servive and shipping is excellent. If you feel otherwise there are other places to buy cards. I doubt Brent needs to worry where any of these items really end up. He must have a warehouse half the size of Washington (or wherever he is.)

[jmb]

I've posted this before but I prefer BIN auctions. If it's within a reasonable window pricewise and the card has eye appeal I'll buy it.

I did however, recently bid in a PWCC auction (1st time) and only bid once in the last 5 seconds live. I ended up winning the card for a lot less than the bid I entered.

[Snapolit1]

I always feel a lot better putting my ultimate high bid on ebay than on a website controlled by the auction house. I've had the same experience with PWCC on eBay where my final price was not reached and I won the item.

[botn]

Originally Posted by jmb

I've posted this before but I prefer BIN auctions. If it's within a reasonable window pricewise and the card has eye appeal I'll buy it.

I did however, recently bid in a PWCC auction (1st time) and only bid once in the last 5 seconds live. I ended up winning the card for a lot less than the bid I entered.

I too have gotten some fair deals on PWCC auctions. He lists 10,000 or more auctions a month. Even if there is shilling or artificial price setting going on it does not mean every consignor is participating. I think it is safe to say that legit consignors are wanting to get their share of these world record prices and might be coming up short but won't know that until after the auctions conclude.

[jbbama]

One thing I know for certain... ebay doesn't give a damn about shill bidding or even a constant pattern of shill bidding. I have reported many instances, as long as they get their fees, who cares , right?

[Rich Klein]

And of course, there is always the example of "Bid what you are comfortable with" and if you win at that price wonderful and if not, so be it.

That way you don't worry about "shill" bidding and you are fine with your bids as they are.

And frankly, since there is no real way to stop shill bidding, then accept the issue and move on.

I know that means you might spend more money than you hoped, but in that case, revert back to the 1st sentence of this post. What a "shiller" wants you to do, is get caught up in the auction and go past your max bid.

That's why, in at least certain auctions, it behooves one to make their bids and then if they win or lose at their prices. That is also true for some catalog auctions -- some close lots individually if you are the only bidder going into extended time and others open up the whole auction if you have bid.

Look at those auction rules and again figure it out. As for EBay, if your bid comes in early and it holds, wonderful -- and if not well keep looking and you will find items at your price eventually.

Of course there is always an option of outright purchases as well if you feel the price is fair.

MOO

Rich

[Pilot172000]

I prefer BIN and have mixed results at auctions. I will say that I have had good experiences with PWCC lately and can't complain too much. I think Shill bidding is a negative on the hobby, but also acknowledge that its nearly impossible to police these mega auctions. Like in anything we take the good with the bad.