Shill bidding has its rewards
sybildvane
Posts: 49
Shill bidding on the bay can't be all bad, after all even the best among us do it to preserve bay auction price objectives. But some may overuse this tool. Take for instance a member here, and also an evidently regarded member at another popular forum of the coin community, who seems to exclusively utilize this practice on his/her no reserve auctions
Shill bidder 1***u) wins or runs up bids consistently for the seller on the bay in recent weeks. Those won never have feedback left or received, and are always relisted by the seller shortly thereafter. Those lost cost the winner bidders dearly, a few on the order of 80-300%. Although only hundreds of dollars typically, they still add up and I'm sure the victimized folks and the amounts they lost wouldn't relish it if known. Here is a list of recent probable shill bids by 1***u for the seller:
item #301217486999 1797 1c $1681-1755
301215839161 buff nicks 81-144
301244806919 buff nicks 90-310
301202059065 1874-S $5 795-850
261534291463 1846-D $5 1700-1950
301200355700 buff nicks 50-154
261565845056 1794 1c 177-291
Those won by shiller:
301209762678 1856-S $3
301267100305 1835 25c
301242594018 1800 $1
261500370848 buff nicks
261501342527 1797 1/2 c
261558915189 buff nicks
Of those won by the shill, the underlying item was invariably resold, the $3, 25c, and 1/2c had their subsequent listings sold, the buff nicks sets are apparently a mainstay for the seller and his sale threshold seems about $150-$250, and the 1800 $1 is a current listing.
I am curious as to the integrity of this site. This was posted on the aforementioned forum and removed within 4 hours. The bay user, as mentioned, is a member here and there
Shill bidder 1***u) wins or runs up bids consistently for the seller on the bay in recent weeks. Those won never have feedback left or received, and are always relisted by the seller shortly thereafter. Those lost cost the winner bidders dearly, a few on the order of 80-300%. Although only hundreds of dollars typically, they still add up and I'm sure the victimized folks and the amounts they lost wouldn't relish it if known. Here is a list of recent probable shill bids by 1***u for the seller:
item #301217486999 1797 1c $1681-1755
301215839161 buff nicks 81-144
301244806919 buff nicks 90-310
301202059065 1874-S $5 795-850
261534291463 1846-D $5 1700-1950
301200355700 buff nicks 50-154
261565845056 1794 1c 177-291
Those won by shiller:
301209762678 1856-S $3
301267100305 1835 25c
301242594018 1800 $1
261500370848 buff nicks
261501342527 1797 1/2 c
261558915189 buff nicks
Of those won by the shill, the underlying item was invariably resold, the $3, 25c, and 1/2c had their subsequent listings sold, the buff nicks sets are apparently a mainstay for the seller and his sale threshold seems about $150-$250, and the 1800 $1 is a current listing.
I am curious as to the integrity of this site. This was posted on the aforementioned forum and removed within 4 hours. The bay user, as mentioned, is a member here and there
0
Comments
Yours is an interesting opening/introductory thread.
peacockcoins
Shill bidding is great I love it so much I use it on my buy now listings
but seriously , inquiring minds want to know
Not that it matters.
I don't care if sellers use one. If I am interested, which is often, I bid what I want to pay. If I don't win
it cost me nothing. If I win I get the coin I want at the price I want.
Shills mean absolutely nothing to me. If as a seller I get less than I thought I should then it becomes
my problem and I have to deal with the reduced price. Figure out what I did wrong for the next auction
and just suck it up and move along.
bob
I know what you mean about 'place a max bid and let it ride' yet in essence you're being taken advantage of or even, according to some- stolen from.
peacockcoins
That which attracted my attention was the fact that this shillscheister was a purported general on the muckraking bay front. Funny to see how alleged recent purchase of my former 1804 JR-2 shills out
<< <i>Sure, but if your max bid is say, $500. and the next legit bid is $300. you should pick up the coin at the next level above $300. The shill bidder prevents this honest flow of goodwill and commerce by circumventing your honesty with a bid of say, $450. causing you to pay a bit over $150. what you would have paid.
I know what you mean about 'place a max bid and let it ride' yet in essence you're being taken advantage of or even, according to some- stolen from. >>
<< <i>Shill bidding on the bay can't be all bad, after all even the best among us do it to preserve bay auction price objectives. But some may overuse this tool. >>
What is your ebay userid?
<< <i>Shill bidding on the bay can't be all bad, after all even the best among us do it to preserve bay auction price objectives. >>
what were you saying about using shills?
shyster?
More eBay revenge. Also, shills? Is that really possible? Yawn.
<< <i>h***p, winning loser of the shillscheister's 1794 offering a few weeks back. Is it inappropriate to mention his/her user ID? >>
interpret the rules as you prefer, but recognize that if the rule makers interpret a violation, you might get banned.
If you don't care about getting banned...
I have never shilled my auctions. Sure, I've taken some lumps on a few, but that's the nature of a "free market" is it not?
Isn't this the crux of the arguements in favor of regulation over "free markets" governing themselves?
I 'trusted' the fair market to accurately determine the true value of my products for sale.
History has shown time and time again that completely free markets DON'T WORK because of this type of behavior....
GREED.......
If you don't want to take some lumps, then set a reserve!
Happy, humble, honored and proud recipient of the “You Suck” award 10/22/2014
I know I'd enjoy participating in most of the topics in this forum. The modern rarities thread, the old scholars that post from time to time, and even some of the fun ones are always informative. However, I really do not have the time. I do ask that the girls from ccf be disallowed from their attacks here. Let them have their chatroom, isolate such banter here. I do not care to be drawn into such histrionics, it messes with my T. Yes this was purely retaliatory, and no I do not envision allocating more time to perpetuate it. My intent on ebay is not to deceive, the coins I've placed with people over the years have been unquestionably good buying decisions from a value perspective, the good from a collecting standpoint cannot be argued. I wish I had all (thousands-tens of thousands) of them back, and not just those that have been recounted from buyers as slabbing "good" at the revered triumvirat as resubmits. Much of the "Problem" coin population has seen quite a revision in value perception the past 5 years. Perhaps more are realizing that buying the coin and not the holder makes more sense. Aside from the ccf petticoat brigade's attacks, I've found it to be the case.
http://s1372.photobucket.com/user/sybildvane/media/IMG_7089_zps166938f4.jpg.html?sort=3&o=3
http://s1372.photobucket.com/user/sybildvane/media/IMG_7097_zps7cd4f305.jpg.html?sort=3&o=2
http://s1372.photobucket.com/user/sybildvane/media/IMG_9959_zps2691aec2.jpg.html?sort=3&o=1
http://s1372.photobucket.com/user/sybildvane/media/IMG_9977_zps5c3e66d8.jpg.html?sort=3&o=0
<< <i>after all even the best among us do it to preserve bay auction price objectives >>
what's your ebay id ?
Latin American Collection
If the 1856-S was won then resold, post both listings.
Otherwise, you're just blowing smoke, making unfounded accusations and.........well..........whining.
I expect, that your account won't be around in a day or so since this is expressly against the posting rules. Especially for an unknown first timer with absolutely no credibility.
Besides, I see no evidence of shilling in the very first item that you've posted.
Have a good evening.
The name is LEE!
<< <i>... after all even the best among us do it to preserve bay auction price objectives. >>
Interesting ... you rant against shill bidding but seem to state that "we all do it" to protect our auction prices. What makes you think "the best among us do it?" You seem to be self-disclosing that at least you do it. >>
<< <i>... I'm sure the victimized folks ... >>
Really? Victimized folks? I have yet to ever be forced to bid on an eBay auction. Perhaps it's my Internet browser, but I am actually able to enter the amount I am willing to pay when I bid. I have only ever been the "victim" of my own bid.
Oh yeah ... welcome to the boards.
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
link
Tides could have turned.
I once read : "Despite inflation, the wages of sin remain the same". The cost of living allowances can be paid later.
<< <i>Why are everyone's posts starting to read just like Col. Jessup's do?
Well, if they originate from Colorado or Washington State, there would be a good reason for it.....
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
<< <i>Well, I've tried to make sense of your accusations but you've made it way too complicated.
If the 1856-S was won then resold, post both listings.
Otherwise, you're just blowing smoke, making unfounded accusations and.........well..........whining.
I expect, that your account won't be around in a day or so since this is expressly against the posting rules. Especially for an unknown first timer with absolutely no credibility.
Besides, I see no evidence of shilling in the very first item that you've posted.
Have a good evening. >>