Analysis of current AH's rules regarding shill/internal/sketchy bidding practices

[Republicaninmass]

"But (HA, or insert auction co here) is a billion dollar company, why would they need to do this"


Says the crowd

[ullmandds]

I was kind of hoping that this thread would lead to some of you investigating some of the other auction House sites and ultimately we can compile a grid or a list of all the auction houses and they’re bidding behaviors.

My intention was not to bash any individual auction house just to make everyone aware of who does what.

I will add to this when I have a moment.

[Rhotchkiss]

Originally Posted by ullmandds

I was kind of hoping that this thread would lead to some of you investigating some of the other auction House sites and ultimately we can compile a grid or a list of all the auction houses and they’re bidding behaviors.

My intention was not to bash any individual auction house just to make everyone aware of who does what.

I will add to this when I have a moment.

Pete, I am pretty sure that REA and memory lane use the same software, which I think precludes the AH from seeing a max bid. I also think both AHs forbid employees from bidding in their auctions; however, I think employees can consign.

Categories should be (1) can employees consign, (2) can employees bid, (3) can employees see max bids, (4) are reserves disclosed, and if so, at what point in the auction is it disclosed there is a reserve and at what point do we know what the reserve amount is.

[RedsFan1941]

Originally Posted by Rhotchkiss

Pete, I am pretty sure that REA and memory lane use the same software, which I think precludes the AH from seeing a max bid.

when I’m driving on a dark rainy night I’m less concerned about what other cars are on the road than I am who the drivers are.

[calvindog]

Originally Posted by Rhotchkiss

Pete, I am pretty sure that REA and memory lane use the same software, which I think precludes the AH from seeing a max bid. I also think both AHs forbid employees from bidding in their auctions; however, I think employees can consign.

Categories should be (1) can employees consign, (2) can employees bid, (3) can employees see max bids, (4) are reserves disclosed, and if so, at what point in the auction is it disclosed there is a reserve and at what point do we know what the reserve amount is.

Ryan, the same people who tell you that the software prevents owners from seeing max bids are those who steal their clients’ mailing lists and sell them to other clients.

[Aquarian Sports Cards]

Originally Posted by calvindog

Ryan, the same people who tell you that the software prevents owners from seeing max bids are those who steal their clients’ mailing lists and sell them to other clients.

As a company that uses the same platform as REA I know I can't see the maximum bids.

[ullmandds]

Originally Posted by Republicaninmass

"But (HA, or insert auction co here) is a billion dollar company, why would they need to do this"


Says the crowd

Maybe to become a $2 billion auction company??

[ValKehl]

Originally Posted by Republicaninmass

"But (HA, or insert auction co here) is a billion dollar company, why would they need to do this"


Says the crowd

Because, Ted, otherwise, IMHO, lots of the great cards that get consigned to Mile High (e.g., the low-grade 1916 Holmes-to-Homes cards that just sold for insane prices), Heritage, and other auction houses with similar T&Cs would otherwise be consigned to "higher-integrity-T&C" auction houses like REA & LOTG.