| Author |
 Replies: 17 / Views: 3,897 |
Page 2 of 2
|
|
|
|
Pillar of the Community
United States
2797 Posts |
NathanASE,
Private auctions mask all bidder identity. A normal auction will list a pseudo bidder id and their feedback count, i.e., d**t(267). A private auction lists nothing. You are unable to tell who is bidding and how many bids each bidder has made. It's a fertile ground for shills.
I am with the other Dave. There's no legitimate reason to have one unless you're hiding something. And if you're hiding something, it's never advantageous to the non-shill bidder.
|
|
Valued Member
 United Kingdom
195 Posts |
I had listed a coin and it got no bids at all. 2 Weeks later I relisted it as private and start a few £ more and I got a few bids on top of that in the end though.
And thinking that maybe some people would not want others to know what they buy, because it will be on your bidding history in advanced search and when feedback is left you can view the item and when it is private you can't.
|
|
Pillar of the Community
United States
1840 Posts |
Private auctions are commonly used by Chinese counterfeiters. For this reason alone I am apprehensive about bidding on items listed that way.
|
|
Bedrock of the Community
Australia
21788 Posts |
I didn't vote.
With valuable coins, I like to see each in hand before I commit myself to a bid.
Unless of course,
I know the seller or his reputation is very well known, and is of the highest order.
With lower value coins, I may relax my security requirements somewhat.
|
|
Rest in Peace
 United States
1380 Posts |
I too will never bid on a private auction. The seller is hiding something, and I doubt it's good for me.
|
|
Valued Member
United Kingdom
195 Posts |
again, when I sell stuff I think I am getting more bids if the auction is set to private, I now listed half private and half public, I wonder what the result will be.
And as a buyer I tend to prefer the private ones too as I don't like others seeing what I bought by going through the advanced search, I am not bidding stoopid money anyhow, only what I would like to pay, if the seller goes and shillbids, their stoopidity as then they will end up with the bid
|
|
Valued Member
United Kingdom
195 Posts |
To add to that, same as in auction houses, often it is someone winning via the phone or online and there I tend to only bid as much as I think it's worth to me
|
|
Valued Member
273 Posts |
Private Auctions are looked down on in general, according to ebay. It took me a while to get over resenting ebay fees and their ever changing rule tweaks.... Until I realized... As far as eBay/paypal fees, there are few places (none that I know of) that can compete with (1) easy (2) the exposure you get on ebay and (3) the auction manangment and transaction security. This forum provides a pretty good place. |
|
Valued Member
United Kingdom
116 Posts |
If you trade on ebay then, at some point, you will have to accept that you will never find the perfect solution. The private feature is meant to be for sales that buyers prefer to be private in their feedback profile (Hemorrhoid cream etc). For coins, I think it depends on what you sell and therefore what your buyers prefer? I can understand why some buyers might not want details of there high value coin purchases in the public domain, however a $5 coin probably wouldn't matter as much. Unfortunately private auctions will put some bidders off, simply because of the assumption of shill bidding. Edited by marz
03/16/2013 12:18 am
|
|
Valued Member
United States
292 Posts |
I've always thought of porno when I see "private" Didn't relate it to coins. As far as ebay & PayPal charges: Try driving to a show; paying booth rent, motel, food, etc. and then the customers still want a discount. A mall space isn't much better. Case rent, mall percentage take per sale, again buyers expect a discount usually over $25 item. |
|
Pillar of the Community
United Kingdom
2895 Posts |
Private auctions seems to be more common in some places than others. I notice a lot of private auctions on ebay Germany for example - but I would be 100% sure of some of the companys doing the selling this way - it's just their way. I'm not really sure shill bidding works that much - it does if you get that auction rush of blood to the head and get competitive in that last hour but I just log my highest bid and forget about it until the auction is over - if I win I win, if I don't I don't. Everyone grumbles about the fees, but all in all they are still cheaper than most. Selling on CNG coins for example will cost you $40 per lot - yes per lot!! |
|
Pillar of the Community
United States
1130 Posts |
About how much would you be getting out of these coins. What is your ebay fee. Mine are normally pretty cheap. |
|
Pillar of the Community
Canada
1192 Posts |
I agree with the opinion that private auctions do tend to leave the door open for nefariousness. But even in "public" ebay auctions now user IDs are semi-anonymous. But at least you can still kind of spot any "funny" business going on based on seeing who is making what bids. |
|
Pillar of the Community
Canada
1751 Posts |
I'm new and I always thought its no ones business who bought the coin. The price it sold for is the important part not the who. Also, I feel on my feedback profile, people don't need to know my spending habits. Sometimes too much information is not good in these days of computer scams. What's to prevent a seller from viewing buyers spending habits and contacting them with offers. This would be my concern about having my purchasing habits public. When I buy my groceries, it's not put up on the stores bulletin board for everyone to see. It's a private matter between me and the cashier. I'm also just learning about shill bidding! Is it that big of a problem?
|
|
Valued Member
United States
259 Posts |
The very notion of a private auction to protect bidder info is ludicrous. At one time it could- when ebay let us see who was bidding. We can NEVER see any bidder info at all- even after the auction ends when the seller and buyer exchange feedback, the name still appears like i***2. So, the only reason a seller chooses a private auction today is to shill bid- period end of story. ebay is extremely lax regarding shill bids as it greatly increases revenue. The only time I am aware that ebay got involved in investigated shill bidding is when the FBI forced the issue regarding a stamp dealer shilling ring a number of years ago. |
|
Page 2 of 2
|
Replies: 17 / Views: 3,897 |
Page 2 of 2
|
First Page
Posted 02/05/2013 08:54 am
