E-Bay Seller Southern Coins

I came across a listing a few days ago by GSC for a 37-s Washington quarter that had 30 bids with a current price of about $5. I figured I'd check it out and decided to run the price up a bit as I thought it may be a shill bidder. I ran the bid up to $73 and the person (shill) had about 8 more bid increments above the $73 mark. The auction was closing last night and I just left it alone and went to bed. This morning I find an e-mail that my bid was cancelled. Apparently the price didn't make it to where GSC wanted it and they cancelled the auction. Here's the best part, the suspected shill has 2,500 bids in a 30 day period with 80% being GSC auctions. Coincidence?

Oh, this is even better, I checked the recent feedback for GSC and never found feedback left by that bidder.

Uhhh....no comment.

In response to Dave700x, I've noticed that the bidder you mentioned--a***r(4228)--bids multiple times in many of the GSC autions, but appears to never win any. In my opinion, this is clearly shill bidding activity. He/she appears to bid very strategically, with an ubderstanding of coin values, and with no intention of winning.

I don't think they (shills) are trying to scare off bidders. Just the opposite. By showing lots of bids on an item a potential bidder might say, 'oh, this is worth bidding on, everybody else is,' or this coin must be real, look at all the bids.'

Having lots of bids on a coin doesn't scare me at all. I look at the coin and look at the price, that's all. Some have lots of bids, and some not so much, but that has very little influence on my bidding.