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wybritwybrit Posts: 6,972 ✭✭✭
in World & Ancient Coins Forum
Revealed: how ebay sellers fix auctions

The new practice of concealing bidders' identities, causing more shilling? Nah! Can't be true!

They don't mention coins, but antiquities are pretty close to home...
Former owner, Cambridge Gate collection.

Comments

  • laurentyvanlaurentyvan Posts: 4,243 ✭✭✭
    Shill bidding is and probably always has been common at most large auction venues.

    I saw it cleverly and sometimes clumsily carried out at automobile auctions for years.

    The best defense is education. I actually don't mind a shill bid if it starts an item out at a price below where it should be. The shill bidding I can't abide is when the price is at a fair level and the shilling occurs-that's patently unfair...
    One of the penalties for refusing to participate in politics
    is that you end up being governed by inferiors. – Plato
  • satootokosatootoko Posts: 2,720 ✭


    << <i>The spokesman added: “The change to the way bidder IDs are shown has already resulted in a safer environment for users.” >>

    That has to be the biggest load of image I've seen in a long time! imageimageimage
    Roy


    image
  • WritersblockWritersblock Posts: 1,196 ✭
    It may make the users safer from fake second chance offers, but it makes them much more at risk from shill bidding, and the only partial answer to that is snipe bidding.
  • laurentyvanlaurentyvan Posts: 4,243 ✭✭✭
    It also makes a sellers reputation all the more valuable!

    Feedback, (which is sometimes gratuitously given) should be accurate and on point.
    One of the penalties for refusing to participate in politics
    is that you end up being governed by inferiors. – Plato
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