It is Sickening how badly PWCC Shill Bids!

[Dpeck100]

Originally Posted by cardcountry

Sometimes when I really want to win a card, I will bid high right at the start in hopes of discouraging others from getting in on it. Idk if it works, but I’ve done it, even with pwcc. In fact, one time I bid so high with my first bid that the auction house (not an eBay seller) called and asked if I made a mistake. Lol.

Jeff

OMG a hobby vet that doesn't snipe for every bid they place. LOL

What is wrong with you??? Haha

I have done this many times with great results. I take heat every time I say it but the most risky bid of all is the nuclear snipe because everyone is hip to the idea that the most serious bids generally come at the end and so consignors can more easily fit in with a final snipe bid to protect their item.

On a side note I was typing this first part up and took a call from a client and we ended up discussing an EBAY item he wanted to win and he said I might just bid right now and try and bomb them into submission before the end. Haha.

[cardcountry]

Yep! It's just my way of trying to narrow the bidding pool. If someone sees the item already has a high bid, they may be more likely to pass on by. But if they see a bargain, they'll likely bid or set a snipe (if its eBay).

[Dpeck100]

Originally Posted by cardcountry

Yep! It's just my way of trying to narrow the bidding pool. If someone sees the item already has a high bid, they may be more likely to pass on by. But if they see a bargain, they'll likely bid or set a snipe (if its eBay).

I only use one Ebay ID and it is very easy to figure out who people are based on the feedback number and so if they realize it is someone serious that can help too.

[Throttlesteer]

I don't think it's ok for major auction houses to shill. But again, I can always vote with my wallet. I don't feel like I've had any of my PWCC purchases artificially inflated. Maybe I'm not bidding on the super high-dollar stuff either.

So, my question is.....if a company is obviously shilling, is the purpose of this thread to:

1. inform members to be careful when bidding on items from PWCC
2. put a sour taste in everyone's mouth about PWCC to eliminate some of the competition
3. hope someone feels empowered enough and thinks there's a case to actually go after PWCC directly

Not trying to stir the pot. I'm just curious at what point we write off all companies due to a post that ends up getting smeared all over the board. Are there any reputable auction houses that haven't had any questionable transactions?

[x2drich2000]

I definitely put in large opening bids to reduce my competition on lots I really want with the AHs that allow you to put in a straight bid. To me it is simply a strategy to eliminate people who might be looking for a bargain or where it might not be their top priority.

As a side question, with the AHs that do not allow you to put in straight bids (Heritage, REA for instance), would you consider it unethical to have a friend (not the consignor!) who has no desire to win the lot, bid you up on purpose to in essence make your bid a straight bid?

DJ

[bensie]

Originally Posted by x2drich2000

I definitely put in large opening bids to reduce my competition on lots I really want with the AHs that allow you to put in a straight bid. To me it is simply a strategy to eliminate people who might be looking for a bargain or where it might not be their top priority.

As a side question, with the AHs that do not allow you to put in straight bids (Heritage, REA for instance), would you consider it unethical to have a friend (not the consignor!) who has no desire to win the lot, bid you up on purpose to in essence make your bid a straight bid?

DJ

So in essence, you'd be shilling your own bid to a price that you're willing to pay? IE bidding against yourself in an auction? LOL. I think that's perfectly fine.

[Peter_Spaeth]

I can understand as a practical matter wanting to lock up a bid level given the way AH increments work. I am not understanding the psychology of thinking you're scaring someone off a card, like a dog marking his territory. I could see the opposite effect -- someone interested in a card sees high early prices and thinks he's underestimated the value and becomes willing to bid more.

[Leon]

Originally Posted by Peter_Spaeth

I can understand as a practical matter wanting to lock up a bid level given the way AH increments work. I am not understanding the psychology of thinking you're scaring someone off a card, like a dog marking his territory. I could see the opposite effect -- someone interested in a card sees high early prices and thinks he's underestimated the value and becomes willing to bid more.

Told before but, a long time ago, in a public/private auction I bid 8k straight as the first bid (*or the 2nd I forget) and the opening bid was 1k. That was about the first or second day of the auction as I recall. I won this lot for my 8k plus juice and was happy. They were sold with my first collection sale.

[JollyElm]

"You're."

[rats60]

Originally Posted by Peter_Spaeth

I can understand as a practical matter wanting to lock up a bid level given the way AH increments work. I am not understanding the psychology of thinking you're scaring someone off a card, like a dog marking his territory. I could see the opposite effect -- someone interested in a card sees high early prices and thinks he's underestimated the value and becomes willing to bid more.

It might work for a card that is auctioned off frequently such as 50s-60s Topps. Say a card sells in the 400-500 range. Place a bid that would have to be topped by a bid over 500 and hope people will just wait until the next one shows up in a couple weeks.

[Peter_Spaeth]

Originally Posted by rats60

It might work for a card that is auctioned off frequently such as 50s-60s Topps. Say a card sells in the 400-500 range. Place a bid that would have to be topped by a bid over 500 and hope people will just wait until the next one shows up in a couple weeks.

Yes, but to me that's just locking up the level above which it's not practical to go higher, psychology has nothing to do with it.