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Questions On Shill Bidding An Ebay Coin

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 Posted 06/02/2022  09:33 am  Show Profile   Bookmark this reply Add John1 to your friends list
Bobbyyyyyy
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 Posted 06/02/2022  09:56 am  Show Profile   Bookmark this reply Add bobby131313 to your friends list

Quote:
Bobbyyyyyy


Extremely difficult for ebay to prove, let alone me.
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 Posted 06/02/2022  10:17 am  Show Profile   Bookmark this reply Add nfine to your friends list
The re-listed item appears to be gone.
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 Posted 06/02/2022  11:12 am  Show Profile   Bookmark this reply Add dave700x to your friends list
Definitely shill. Here is another example of another shill that won an auction yesterday and the exact coin is listed BIN today.
completed auction - https://www.ebay.com/itm/384909897866

New BIN listing - https://www.ebay.com/itm/384908162741

I'm willing to bet there are many more as the shills do not show up in the seller's feedback.
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 Posted 06/02/2022  1:38 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list
As a consolation, the seller has to pay all of ebay's seller fees on the coin he or she rebought so they start again about 10% in the hole. I believe that if a coin is about to sell too low for one's taste, you should be able to competitively bid up to the value that you think it's worth - and pay all the fees. That is a little different from shill bidding which is taking advantage of nutty buyers willing to pay too much without any intention of buying the coin. I think this is the former case which I am ok with. Others may differ in this opinion.

Not surprised that ebay allows this since they are in it to make money. What do they care? They're making money.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
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 Posted 06/02/2022  2:10 pm  Show Profile   Bookmark this reply Add bobby131313 to your friends list
They do care, it's just very hard to detect/prove.
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 Posted 06/02/2022  3:05 pm  Show Profile   Bookmark this reply Add TimNH to your friends list

Quote:
They do care, it's just very hard to detect/prove.


In this case the bidder has 57 bids, ALL with the same seller. Seems that wouldn't be a hard thing to detect. Although I guess it could be a customer who just really-really loves that seller.

https://www.ebay.com/bmgt/ViewBidde...319780962025

(well nuts, the link gets changed when I post it here, but yeah, 57 bids all with that same seller)
Edited by TimNH
06/02/2022 3:08 pm
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 Posted 06/02/2022  3:06 pm  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list

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the seller has to pay all of ebay's seller fees on the coin he or she rebought so they start again about 10% in the hole


That's not true if the shill buyer requests an order cancellation and the seller goes ahead and cancels the transaction. Then the seller can just relist without penalty.

I agree this is almost certainly shill bidding. The buyer had bid on a couple dozen items over the past month, only on auctions from this particular seller. He's not very good at hiding his misconduct.
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 Posted 06/02/2022  3:13 pm  Show Profile   Bookmark this reply Add bobby131313 to your friends list

Quote:
In this case the bidder has 57 bids, ALL with the same seller. Seems that wouldn't be a hard thing to detect


When we were selling a lot on ebay and going to shows, we gave out cards to people that liked us but hated ebay. Many of these people bought from us because they met us and their accounts would look exactly like this. They only bought from us.

My point is, I have no idea if this is shill bidding and neither do you, it may be likely, but it's impossible to prove from the outside.
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 Posted 06/02/2022  6:03 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list

Quote:
When we were selling a lot on ebay and going to shows, we gave out cards to people that liked us but hated ebay. Many of these people bought from us because they met us and their accounts would look exactly like this. They only bought from us.
My point is, I have no idea if this is shill bidding and neither do you, it may be likely, but it's impossible to prove from the outside.


I agree with what you are saying, but if the same buyer continues to win auctions from the same seller without paying. How many auctions wins without paying does it take to raise a red flag? If a real buyer did that to me twice, I would block the buyer from biding on my auctions.
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 Posted 06/02/2022  11:10 pm  Show Profile   Bookmark this reply Add westcoin to your friends list

Quote:
My point is, I have no idea if this is shill bidding and neither do you, it may be likely, but it's impossible to prove from the outside.


Bobby I think the main thing here is the coin getting relisted less than 12 hours after it sells "supposedly" Now that's too fast if it's a non paying bidder, and kind of doubtful the bidder would try to cancel a sale they placed multiple bids on that didn't even get used. Hard to claim they bid on accident, or a wrong item.

Clear case of Shill Bidding which I find ebay ignores on almost any seller with multiple sales or constant volume of auctions going on. They used to care, I remember reading about the algorithm they built to detect this in an old Wired magazine article like 2005 time frame. There is no way they don't know this is happening with this bidder and seller combo.
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 Posted 06/03/2022  12:32 am  Show Profile   Bookmark this reply Add numismatic student to your friends list

Quote:
That's not true if the shill buyer requests an order cancellation and the seller goes ahead and cancels the transaction. Then the seller can just relist without penalty.

I didn't know this was a thing. Learned something new today. Thanks!
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
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 Posted 06/05/2022  09:57 am  Show Profile   Bookmark this reply Add Andrew99 to your friends list
A non-payer gets a strike. 3 strikes and you are banned. Of course, I guess he just makes another account then.
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