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#1
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#2
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It is serving a dual purpose, a consignor is "protecting" his investment and the "bid" from another account creates the illusion to the non-informed other bidder that he is engaging in a legitimate auction with at least one other interested party in an arms-length transaction (which it is not). Clearly shilling.
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#3
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I think he's just mapping out the scenario, in asking whether it's shilling or not. I agree with you though. Whether Ebay says it's shilling (and unfortunately it's a loophole Ebay would have a tough time doing anything about) or not is besides the point. It's a shill bid, and it's too bad some sellers have to resort to this. As somebody who often handles Ebay consignments (mostly lower end stuff), I can assure you I would be handling many more consignments if I agreed to let the consignor bid on their own stuff to set a secret Reserve, while still keeping the illusion of a straight auction. I do think one of the biggest problems in the auction game is auction sellers caving into consignors expectations of what they expect to receive in return for their items, and then doing what they have to, to try and meet those expectations, instead of letting the actual market determine what their items are worth. |
#4
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Oh yes, i was just mapping out the scenario that i heard, i have NEVER participated in anything like this. I have never consigned cards before and i have never sold cards on ebay for anyone before, that was just purely a fictional example to better explain what i heard. Thanks for all the reply guys, i thought this was very shady when i heard it and just wanted to know if everyone else thought it was too. |
#5
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Yes, it isn't right. There's an overt way to put a reserve on an auction; To do otherwise is deceptive.
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#6
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It is against Ebay rules, which states in its User Agreement that you are not to "manipulate the price of any item..." Unfortunately, it is an example of a small injury done to a lot of people that no single person would be willing to spend the $$ to take to court.
It is not considered illegal shilling in CA if the auctioneer discloses in advance that the consignor may bid on his or her items [Civil Code 1812.608(h)]. If the listing doesn't do that, the seller is breaking the auction laws in CA, which is where Ebay hosts and where the User Agreement provides for contractual jurisdiction. The User Agreement on Ebay also states: "In accordance with Cal. Civ. Code §1789.3, you may report complaints to the Complaint Assistance Unit of the Division of Consumer Services of the California Department of Consumer Affairs by contacting them in writing at 400 R Street, Sacramento, CA 95814, or by telephone at (800) 952-5210." So, who's gonna drop a dime on the seller?
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