Options
Purpose of keeping bidders identitys private.
Bikingnut
Posts: 3,369 ✭✭✭
What is the purpose of hiding bidders identity's by keeping the auction private? Is it to hide shill bidding? I can't see any other reason on an item like this. Am I wrong?
Private auction
Private auction
US Navy CWO3 retired. 12/81-09/04
Looking for PCGS AU58 Washington's, 32-63.
Looking for PCGS AU58 Washington's, 32-63.
0
Comments
Reasons:
1. Prevent other sellers from pitching their wares to the bidders.
2. Prevent busybodies from warning bidders against bidding on raw coins.
3. Prevent other potential bidders from colluding with other potential bidders.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Shill Bidding
And I agree, there is no reason for it. The seller is somewhat clueless or coniving.
Come on over ... to The Dark Side!
2. Prevent busybodies from warning bidders against bidding on raw coins.
3. Prevent other potential bidders from colluding with other potential bidders.
All very good reasons that I hadn't thought about. Personally I've been buying and bidding for about 4 years, and I've never had email me for any reason while I had bids in on an auction.
I can see shill bidding going on with this particular item. The 35S is a semikey, this one advertised as a gem BU but particularly ugly, may require shill bidding to get a decent price. Just my opinion.
Looking for PCGS AU58 Washington's, 32-63.
<< <i>Reasons:
1. Prevent other sellers from pitching their wares to the bidders.
2. Prevent busybodies from warning bidders against bidding on raw coins.
3. Prevent other potential bidders from colluding with other potential bidders. >>
4. Prevent anyone from alerting bidders to obvious fakes.
Brian.
DAN
My first tassa slap 3/3/04
My shiny cents
The half I am getting rid of and me, forever and always Taken in about 1959
.....about the only thing a person bidding on one of Anaconda's auctions might be worned from anyway is that they're never going to be satisfied with collecting just the average stuff anymore.......once they get a sense of the "Tasty" fare!
Once again resides with Legend, the original purchaser "raw" at live Eliasberg auction. Laura and i "love" the same lady!