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  #1  
Old 02-24-2012, 08:55 PM
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Originally Posted by ullmandds View Post
Wow...what a forgiving lot?!?!

Not even an apology? We're listening to what our customers want...meaning for HOC/HS not to shill their own auctions and basically rob their customers of their hard earned cash?

And from this moment on...we're not going to steal your $$$ anymore?!?!

And many of you are ok with this...end of story? WOW!
There was no shill bidding here. Shill bidding is placing a bid for the purpose of bumping a bidder who has a max bid to a higher level. You are wrong to accuse Bill Huggins of unethical conduct. You may have a legitimate disagreement with him about the practice of house accounts bidding to win, but to leap from there to accusing him of being unethical is just wrong. It is unfortunate that others who agree with me will not speak up.
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Old 02-24-2012, 09:00 PM
Kenny Cole Kenny Cole is offline
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Quote:
Originally Posted by Peter_Spaeth View Post
There was no shill bidding here. Shill bidding is placing a bid for the purpose of bumping a bidder who has a max bid to a higher level. You are wrong to accuse Bill Huggins of unethical conduct. You may have a legitimate disagreement with him about the practice of house accounts bidding to win, but to leap from there to accusing him of being unethical is just wrong. It is unfortunate that others who agree with me will not speak up.
Peter.

Facts speak louder than words. Not accusing H&S of anything nefarious, but the fact remains that every time they bid a lot up, they screwed the other bidders. Glad that he's stopped it, but it doesn't change the fact that it happened. End of story.
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Old 02-24-2012, 09:03 PM
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Peter.

Facts speak louder than words. Not accusing H&S of anything nefarious, but the fact remains that every time they bid a lot up, they screwed the other bidders. Glad that he's stopped it, but it doesn't change the fact that it happened. End of story.
I don't agree Kenny. If someone is willing to pay more than I am, I don't feel screwed, I feel outbid. It doesn't matter to me if the higher bidder is inside or outside, if the bid is legitimate.
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Old 02-24-2012, 09:21 PM
Kenny Cole Kenny Cole is offline
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Peter,

You are certainly entitled to your opinion, although the posts and the response seem to indicate that it is in the minority. Everything that I would say has already been said, but my thought is that if I'm outbid by an actual bidder, then I'm outbid. If I'm outbid by the house because it didn't get what they were hoping for, or I won it for more than I should have paid because I got bid up by the auction house, then IMO, I got screwed. Most posters here seem to agree
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Old 02-24-2012, 09:33 PM
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Kenny I have no doubt that I am in the minority in terms of being OK with house bidding (to win, not to bump), but also no doubt that others who are unwilling to post see it my way. In the end, it is just as you say, a matter of opinion. My main point is to clarify that whatever H&S was doing, it was not -- as far as we know -- shill bidding as that term is commonly used and understood.
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Old 02-24-2012, 09:59 PM
Kenny Cole Kenny Cole is offline
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And that is where we will have to agree to diverge, opinionwise, because I don't think it is OK at all. When the bid to win is because the prior bid seems too low, or when the bid to win ends up simply being a bump on the way to a higher bid, I view that as a problem. If you seriously don't, then I suppose that's fine. When I decide to personally auction some of my stuff, remind me to make sure you know about it.
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  #7  
Old 02-25-2012, 12:02 AM
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Quote:
Originally Posted by Peter_Spaeth View Post
Kenny I have no doubt that I am in the minority in terms of being OK with house bidding (to win, not to bump), but also no doubt that others who are unwilling to post see it my way. In the end, it is just as you say, a matter of opinion. My main point is to clarify that whatever H&S was doing, it was not -- as far as we know -- shill bidding as that term is commonly used and understood.
Every time they bid and don't win it is no different than a shill bid, and how would anyone here know that they were bid up essentially by the house? They wouldn't. I don't care what their intent was if the auctioneer is bidding it is illegal, and I don't really care for the legal technicality that HOC and H&S are separate businesses, they are owned by the same person.

Peter, I think you are in a bigger minority than you think you are...what would keep anyone from speaking up for H&S if they thought it was okay? I actually think more people are not speaking up who believe that it was shill bidding because they don't want to lose their bidding privileges...if H&S is as thin skinned as the folks from Heritage that's a real possibility.
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Old 02-25-2012, 04:40 AM
barrysloate barrysloate is offline
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I know that bidders hate when an auction house bids in their own auction, but I wonder how consignors feel about it. My guess is they just might be okay with it.
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Old 02-25-2012, 06:02 AM
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Originally Posted by slidekellyslide View Post
Every time they bid and don't win it is no different than a shill bid, and how would anyone here know that they were bid up essentially by the house? They wouldn't. I don't care what their intent was if the auctioneer is bidding it is illegal, and I don't really care for the legal technicality that HOC and H&S are separate businesses, they are owned by the same person.

Peter, I think you are in a bigger minority than you think you are...what would keep anyone from speaking up for H&S if they thought it was okay? I actually think more people are not speaking up who believe that it was shill bidding because they don't want to lose their bidding privileges...if H&S is as thin skinned as the folks from Heritage that's a real possibility.
Dan -- fear of backlash. I know this from private communications. EDIT TO ADD If H&S were really "shilling" HOC wouldn't be winning anything -- it would just be a house account used to bump other bidders to their max bids.
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Last edited by Peter_Spaeth; 02-25-2012 at 06:05 AM.
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  #10  
Old 02-25-2012, 05:15 AM
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Originally Posted by Peter_Spaeth View Post
I don't agree Kenny. If someone is willing to pay more than I am, I don't feel screwed, I feel outbid. It doesn't matter to me if the higher bidder is inside or outside, if the bid is legitimate.

Hi POLLYANNA
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  #11  
Old 02-25-2012, 06:07 AM
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Hi POLLYANNA
LOL that is refreshing, as I am so often accused of being cynical. Thanks!!
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  #12  
Old 02-24-2012, 11:29 PM
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Quote:
Originally Posted by Kenny Cole View Post
Peter.

Facts speak louder than words. Not accusing H&S of anything nefarious, but the fact remains that every time they bid a lot up, they screwed the other bidders. Glad that he's stopped it, but it doesn't change the fact that it happened. End of story.
I'm stunned that there are collectors who apparently think this is no biggie and now that the policy has changed everything is ok. Has anyone asked whether or not House ofcards does the same type pf thing with their Ebay auctions.
In my opinion it is certainly unethical for an auction house to bid on their own auctions.

Dave Krabal

Last edited by T206DK; 02-24-2012 at 11:30 PM.
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