PWCC Part Deux

[slidekellyslide]

I'm not going to defend PWCC because I think the real scandal is that Brent purchased the DiMaggio and had it cleaned, but I think it's clear that Cortney was one of his problem bidders that Net54 had been talking about for years, I'm sure at one point Brent and Cortney were probably very close allies, but because of places like Net54 pointing out the shady bidding practices that people like Cortney employ Brent was forced to police some of that stuff.

String bidding is done to find the top bid and to also make it appear one has been shilled. It is quite clear that Cortney who was likely warned about doing that type of bidding had once again done it on the DiMaggio card. The text message was clearly telling him that he was out of bounds and that he needs to top the bid if he's going to bid like that. Make no mistake, string bidding is a strategy to make the top bidder believe he's been shilled and try and scare him off of the auction. Looks to me like Brent was trying to avoid the appearance of shilling in one of his auctions.

[bobbyw8469]

Originally Posted by slidekellyslide

I'm not going to defend PWCC because I think the real scandal is that Brent purchased the DiMaggio and had it cleaned, but I think it's clear that Cortney was one of his problem bidders that Net54 had been talking about for years, I'm sure at one point Brent and Cortney were probably very close allies, but because of places like Net54 pointing out the shady bidding practices that people like Cortney employ Brent was forced to police some of that stuff.

String bidding is done to find the top bid and to also make it appear one has been shilled. It is quite clear that Cortney who was likely warned about doing that type of bidding had once again done it on the DiMaggio card. The text message was clearly telling him that he was out of bounds and that he needs to top the bid if he's going to bid like that. Make no mistake, string bidding is a strategy to make the top bidder believe he's been shilled and try and scare him off of the auction. Looks to me like Brent was trying to avoid the appearance of shilling in one of his auctions.

Interesting theory. Although highly plausible, would lead me to believe, why would Brent do something like this?? He is making money hand over fist!! It begs the question, "How much is enough"? Not denying or supporting your theory. It definitely makes you think though.

[Exhibitman]

Yeah but...Asking a bidder to bid and reassuring him he won't be the top bidder for long is asking him to run up the price in a way that conceals the shilling. No matter how you slice it this is still baloney. And if that bid had held would he have had to pay for the card or would it be a case of a renege and resale? We won't be able to see that but I have a pretty good idea of what would happen.

[Leon]

I don't necessarily disagree. At very best it has the perception of impropriety. The whole "games that were being played" is a really bad thing.

Originally Posted by Exhibitman

Yeah but...Asking a bidder to bid and reassuring him he won't be the top bidder for long is asking him to run up the price in a way that conceals the shilling. No matter how you slice it this is still baloney.

[Piratedogcardshows]

Originally Posted by Exhibitman

Yeah but...Asking a bidder to bid and reassuring him he won't be the top bidder for long is asking him to run up the price in a way that conceals the shilling. No matter how you slice it this is still baloney. And if that bid had held would he have had to pay for the card or would it be a case of a renege and resale? We won't be able to see that but I have a pretty good idea of what would happen.

My thoughts exactly.

[irv]

Originally Posted by slidekellyslide

I'm not going to defend PWCC because I think the real scandal is that Brent purchased the DiMaggio and had it cleaned, but I think it's clear that Cortney was one of his problem bidders that Net54 had been talking about for years, I'm sure at one point Brent and Cortney were probably very close allies, but because of places like Net54 pointing out the shady bidding practices that people like Cortney employ Brent was forced to police some of that stuff.

String bidding is done to find the top bid and to also make it appear one has been shilled. It is quite clear that Cortney who was likely warned about doing that type of bidding had once again done it on the DiMaggio card. The text message was clearly telling him that he was out of bounds and that he needs to top the bid if he's going to bid like that. Make no mistake, string bidding is a strategy to make the top bidder believe he's been shilled and try and scare him off of the auction. Looks to me like Brent was trying to avoid the appearance of shilling in one of his auctions.

That is my thinking, too, and of course, like the ancient saying goes, "Friends and Business don't mix" so it was only a matter of time before something like this we have before us, was going to happen.

[gnaz01]

Originally Posted by slidekellyslide

I'm not going to defend PWCC because I think the real scandal is that Brent purchased the DiMaggio and had it cleaned.

Dan, I'll take it one step further, that Brent purchased the DiMaggio and had it cleaned AND DID NOT DISCLOSE THIS!

I have a problem with this.....

[dplath]

Not sure if this helps piece anything together but supposedly the person who consigned the WWG DiMaggio to Goldin purchased it at the 2015 National, which would have been after it sold in the REA as an SGC 4.

[Peter_Spaeth]

Originally Posted by dplath

Not sure if this helps piece anything together but supposedly the person who consigned the WWG DiMaggio to Goldin purchased it at the 2015 National, which would have been after it sold in the REA as an SGC 4.

Yes you need to read the other thread this already was chronicled at length.

[slidekellyslide]

Originally Posted by gnaz01

Dan, I'll take it one step further, that Brent purchased the DiMaggio and had it cleaned AND DID NOT DISCLOSE THIS!

I have a problem with this.....

Right, I'm thinking everything surrounding the purchase, cleaning and somehow getting it into a PSA 7 holder...all of that stinks to high heaven.