What is shill bidding?

JY93

I keep reading about it here on the forum. Is it where a seller has another ebay user name and they drive the price of their auctions up?

lathmach

That or having someone else bid on their auction with the purpose of increasing the price.

Ray

Endocrinologist

Shill bids are not fair. I once was a high bidder on a nicely toned slabbed mercury dime. In the last few seconds the coin was bid up by the same guy who happens to bid up most of this guys auction. I still won but I had to pay 50% more on the coin. I did some investigation and sure enough, it was happening every auction cycle for this particular seller. I filed a report with EbaY and bingo, he was NARU'ed from Ebay! I felt a little guilty because I liked buying from this seller. I didn't want it to be true.

Endo

jdimmick

I had a similar situation in the past, where i was bidding on paticular coin, and was run up at the last minute, but fortunately I did not take it to the highest bid, when the seller responded back to me with in a few hours saying that the high bidder backed out and he would sell it to me at my second high bid, I said no way ?


I knew that there was no possible way that he could have had a comunication with the so called high bidder that fast and knew that it was going to be a voided sale