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Could this possibly be a sign of shill bidding?

coin22lovercoin22lover Posts: 3,542 ✭✭✭
in U.S. Coin Forum
I'm certainly not making any accusations, but I was watching this coin and was shocked to see the price more than doubled to a price which seems too high for the coin. So I examined the bid history and noticed this one person bidding incrementally, one bid after the other until the price was increased by some $1,000+. I don't know what you look for when looking for shills, but could this be an example? link

Digressing, I guess it's also possible I'm out of the loop on early copper!

Comments

  • joebb21joebb21 Posts: 4,774 ✭✭✭✭✭
    imop those bids dont look like shills.
    though-with a price like that I must assume somebody saw something about it...
    may the fonz be with you...always...
  • BaseballAbsBaseballAbs Posts: 2,621 ✭
    Hard call if its shill biding. Its not cool if it is, but hey its not cool if the guy loses a ton of money on the coin either. I guess he sould have put a buy it now price or a reserve. Then he would not have to cheat. Plus if he gets busted more than one time he gets kicked off ebay i think.
    Winner of the "You Suck!" award March 17, 2010 by LanLord, doh, 123cents and Bear.
  • MoldnutMoldnut Posts: 3,113 ✭✭✭✭
    I don't think that is a shill bidder. I look for the bidder that shows up the last day of the auction with a (private) feedback and bids it up to the sellers range of what he thinks it worth.
    Derek

    EAC 6024
  • fcfc Posts: 12,793 ✭✭✭
    he has at least a couple of bidders in that one auction who bid a lot on his stuff.
    high percentages... so i would tend to think it is pretty goofy and avoid
    the auction.

    nothing definitive.. but i sure do not like the smell of it.
  • sinin1sinin1 Posts: 7,500 ✭
    who would you consider the shill bidder?


    bid was at near $700 with 45 min left in auction


    guy likes what he sees
    bids 1150, 1450, 1650, 1850

    decides that is enough and walks away



    do you think this was the shill or the winning bidder -

    who bid over $1900 once with over 3 hrs to close?
  • BaseballAbsBaseballAbs Posts: 2,621 ✭
    I forgot to say, No i don't think this is a shill bid.
    Winner of the "You Suck!" award March 17, 2010 by LanLord, doh, 123cents and Bear.
  • JCMhoustonJCMhouston Posts: 5,306 ✭✭✭


    << <i>he has at least a couple of bidders in that one auction who bid a lot on his stuff. >>



    There are a couple of ebay sellers who get a lot of bids from me.

    Does that make me a shill?

    Or do they happen to have the type and quality of coins I want to buy?
    JCM-Houston
    World Collection
    British Collection
    German States Collection

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