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 Replies: 21 / Views: 3,518 |
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Pillar of the Community
Canada
2781 Posts |
cant answer as to why its so popular, but I can tell you that I am going to dig out my dremel tool and some jeweler's grit  |
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Valued Member
Canada
449 Posts |
Yeah and once you've done the dremel thing Wade, hit it with some Silvo silver polish to really bring out that shiny new coin look......:)
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Valued Member
Canada
111 Posts |
It is the second time I read shill bidding. I'm french and I don't really undertand it. Can anybody explain it?
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Pillar of the Community
Mexico
1304 Posts |
Shill bidding? Ha! Look at his feedback. One buyer bought +40 items between Aug-23-12 11:35 and 11:50 the same day. There are a bunch others too. You think they are buying 40 sheets of paper?
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Pillar of the Community
Canada
2781 Posts |
pimpin,
shilling is having a friend or yourself (using a false account) bid, with no intention of buying, in order to just raise a legit buyer's final price.
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Rest in Peace
Canada
1360 Posts |
I agree. Any time I see "private listing - bidders' identities protected" I'm suspicious if the owner isn't bidding up the price.
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Valued Member
291 Posts |
I concur - somethings not quite kosher there.
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Pillar of the Community
 Canada
627 Posts |
I understand shill bidding. But explain the use of a private listing, or what ever it is being done to hide the bidders. What legitimate reasons are there to use this technique?
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Bedrock of the Community
United States
36827 Posts |
Wow, a polished, worn, beat up 1912 at $36? Time to get out the old buffer and make some bright thingies that everyone wants.
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Pillar of the Community
Canada
632 Posts |
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Pillar of the Community
Canada
2366 Posts |
@tfred - If I'm bidding on a valuable item then by viewing the bidding history I can make some educated guesses about who else is bidding, how serious they'll be, what their bidding strategy is etc. Particularly if I'm bidding against the same set of people on different items then I can get a feel for who will snipe and how high they'll go etc. If it's a private listing then I can't do that and might have to bid more aggressively which would put more money in the seller's pocket. Speculation on my part. As a general rule I prefer to avoid bidding on items that are listed this way as, in my opinion, they benefit the seller at the buyer's expense.
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Pillar of the Community
Canada
632 Posts |
Because ebay 'protects' the identity of the bidders (in reality protecting the sellers) checking feedback is a data-mining exercise. Sometimes I have the patience of doing it but most of the time, I don't. So, I use a very simple strategy: 1. I determine how badly I want the coin (or the other useless things I like to buy) 2. I set a top price that I want to pay 3. I set my snipe tool One has to have some will power not to go back and readjust the snipping up and up. |
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Bedrock of the Community
United States
10038 Posts |
OOOOoooooh SHINY!  Yet, let's face it. If this seller keeps making money off of this, and he cares nothing about the coins for their historic/numismatic value, since he is outright saying they are cleaned, he is not breaking any rules. He is just taking advantage of people.  |
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Pillar of the Community
Canada
1581 Posts |
US $48.95!
Oh man, PT was right.
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Pillar of the Community
Canada
1581 Posts |
I sure hope this doesn't lead to a lot of coin spoiling me-too auctions.
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Replies: 21 / Views: 3,518 |
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First Page
Posted 09/06/2012 9:50 pm
