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1898 50c Bidding Anomaly, You Decide

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Valued Member
falcon's Avatar
Canada
457 Posts
 Posted 12/31/2012  6:56 pm  Show Profile   Bookmark this reply Add falcon to your friends list Get a Link to this Reply
I remember reading somewhere people were setting up two other ebay accounts,
Use their real account to put in a low bid then two other accounts to put in two really hi bids then in the closing minutes retract both high bids.
Wish I could find the link, it was almost a year ago I read this.
Pillar of the Community
glenzy1's Avatar
Canada
1554 Posts
 Posted 12/31/2012  8:06 pm  Show Profile   Bookmark this reply Add glenzy1 to your friends list Get a Link to this Reply
It's terrible that this is happening. I've heard throughout the years certain sellers having friends pump up bids on their coins. Also sellers can open another E-bay account at their work I.P. address and start pumping up bids this way.
Whoever is doing this unethical behaviour must be targeting items that they know will eventually command a higher premium/biding war.
I was under the impression that you were allowed a maximum of "six bid retractions" within calendar year? Has this policy changed?
E-bay is a BRAND NEW market place that's barely 15 years old and is growing every year by leaps and bounds.
It is said that if E-bay were a country, it would be the 4rth most populous country in the world! I'm sure the technical staff at E-bay still have a lot of snags to work out which will be a hit and miss trial/error development over the next 1/4 Century until things are perfected and all Loop Holes are closed once and for all!

Glenn
Valued Member
lesinwestvan's Avatar
Canada
133 Posts
 Posted 01/01/2013  09:02 am  Show Profile   Bookmark this reply Add lesinwestvan to your friends list Get a Link to this Reply
When I was new to ebay, I had this unfortuate situation happen to me a couple of times, where one buyer would bid up another buyer, then retract bids and snipe the item. As a seller I didn't feel right about this practice and tried to block anyone I suspected of doing this. In the end I stopped having auctions and everything is in my ebay store at Buy It Now so nothing can be bid up.
Valued Member
1945V's Avatar
Canada
386 Posts
 Posted 01/01/2013  09:20 am  Show Profile   Bookmark this reply Add 1945V to your friends list Get a Link to this Reply
Glenzy1 said
>>>E-bay is a BRAND NEW market place that's barely 15 years old and is growing every year by leaps and bounds. <<<

This is true, but so is Amazon. And the customer service and seller support between the two e-companies is orders of magnitude apart.

ebay does not really care about small sellers and buyers, but is focused on trying to steal Amazon's market share.
I remember buying an item from Amazon and did not receive it. I contacted Amazon and received a replacement 3 days later. I also remember having a similar problem with ebay and was told "We are a venue and do not get involved in seller-buyer disputes."

Don't expect ebay to get involved in any resolution regarding shill bidding that will impact their bottom line.

Edited by 1945V
01/01/2013 09:21 am
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