This looks interesting indeed

[rainier2004]

Originally Posted by Fred

Readers may not understand the thread unless they know the assocation between H&S and House of Cards.

Id be one of those readers...

[glchen]

Correct me if I'm wrong, but I believe Bill Huggins owns both the auction house (Huggins and Scott) and the card shop (House of Cards), which also sells on ebay.

[ScottFandango]

very interesting indeed

[ScottFandango]

i'd hate to be bidding against HOC in a H&S auction!

[slidekellyslide]

At least they don't hide it...not sure what difference it makes when he says they still pay buyer's premium...I'm sure they are separate businesses, but it's still the left hand paying the right.

[FrankWakefield]

It is wrong... the left hand will know whether to bid again or leave something alone. It's wrong for both hands. It should stop. Or folks should stop bidding...

[Jaybird]

It certainly makes me uncomfortable.

How is this not shilling? Bid an item up by HOC and then backoff or end up owning it and put it on ebay. Either the item gets bumped up to a higher price and they win or it gets bid up to a higher price and they win by getting a higher premium from the winner.

Not great...

[ScottFandango]

Originally Posted by slidekellyslide

At least they don't hide it...not sure what difference it makes when he says they still pay buyer's premium...I'm sure they are separate businesses, but it's still the left hand paying the right.

Looks like a pure shilling account....

Wow and they admit this?

[Griffins]

This is just plain wrong. Not the first time I've heard of something there that has raised an eyebrow, and I'm disappointed.

Anthony Nex

[honus94566]

Originally Posted by ScottFandango

Looks like a pure shilling account....

Absolutely... and they have the audacity to claim "We pay the same buyers premium as everyone else"

Except for the general public pays the premium to you, while you are paying it to yourself.

This.is.so.wrong.

I am sure your consignors might not mind, but they might start thinking twice when realizing that H&S will lose BIDDERS over this. Fewer bidders = lower realized prices for the consignors. I for one am not going to do business with H&S and their shilling account anymore.