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146 Bids On This Shield Nickel?

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donkrx's Avatar
United States
227 Posts
 Posted 06/15/2012  9:21 pm Show Profile   Bookmark this topic Add donkrx to your friends list Get a Link to this Message Number of Subscribers
Maybe this is a function of how ebay works, someone explain to me how something at $85 has 146 bids (at least for now):

http://www.ebay.com/itm/270994893213/
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basebal21's Avatar
13014 Posts
 Posted 06/15/2012  9:38 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Over half the bids are the high bidder bidding the exact same amount. I'm guessing theyre using an auto bid program
Valued Member
NYBrian84's Avatar
United States
279 Posts
 Posted 06/15/2012  9:38 pm  Show Profile   Bookmark this reply Add NYBrian84 to your friends list Get a Link to this Reply
If you click on the bids, you can see that it is mostly one guy who is EXTREMELY unsure of what he wants to bid.
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juzzyb's Avatar
Australia
215 Posts
 Posted 06/15/2012  9:47 pm  Show Profile   Bookmark this reply Add juzzyb to your friends list Get a Link to this Reply
that's a heck of a lot of bids from the one person.
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oih82w8's Avatar
United States
7840 Posts
 Posted 06/15/2012  9:51 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
It's a nice coin...but not that nice.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 06/15/2012  9:54 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
A bit like some of the spurious practices used in the real estate auction market.

Sometimes, these practices can have counter productive results for the seller, in which I would consider to be a very satisfying result, IF the seller is doing this.

Pity, It looks to be a very nice coin.
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United States
759 Posts
 Posted 06/15/2012  10:09 pm  Show Profile   Bookmark this reply Add OneBowl to your friends list Get a Link to this Reply
That's nothing, he has 152 bids on a 3 cent piece.

He probably thinks he can discourage additional bids by implying each successive bid is $1 more, but he could be bidding 1 cent more each time and ultimately lose to a snipe placed days ago.

I gotta remember to check when it's over.
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basebal21's Avatar
13014 Posts
 Posted 06/15/2012  10:59 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
IF the seller is doing this.


I suspect that a lot of sellers do that to make the item look more popular and get people to bid more
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donkrx's Avatar
United States
227 Posts
 Posted 06/16/2012  12:20 am  Show Profile   Bookmark this reply Add donkrx to your friends list Get a Link to this Reply
Guys I don't follow. Are you trying to say the same person is entering $85 repeatedly and ebay is counting each time he does that as a new bid? Why would they count redundant bids though?

Or what is it?
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basebal21's Avatar
13014 Posts
 Posted 06/16/2012  12:29 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Donkrx thats exactly what happened for the last 40 or so bid and that person had bid probably 80 times total. Not sure why it keeps getting counted though to be honest
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donkrx's Avatar
United States
227 Posts
 Posted 06/16/2012  12:34 am  Show Profile   Bookmark this reply Add donkrx to your friends list Get a Link to this Reply
Yeah, they need to fix that then. Not hard I would think.
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basebal21's Avatar
13014 Posts
 Posted 06/16/2012  12:45 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Donk yea it has to be a glitch of some sort. I think its an auto bid program that does it
Locked
822 Posts
 Posted 06/16/2012  08:53 am  Show Profile   Bookmark this reply Add scubu to your friends list Get a Link to this Reply

Quote:
Donkrx thats exactly what happened for the last 40 or so bid and that person had bid probably 80 times total. Not sure why it keeps getting counted though to be honest


Nope, not exactly what happened. The bidder bids a few cents more each time which raises his proxy bid. The bid amounts that show on that list are not the actual bid amount, they are the current winning bid. Bidders do this to scare away other bidders, it gives the illusion of a bidding war.

ebay needs to stop counting them as bids unless there is another bidder in between, especially since it's costing them money.
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oih82w8's Avatar
United States
7840 Posts
 Posted 06/16/2012  4:52 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
Sold for $129.04 by another bidder...shill bidding anyone?
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dooly's Avatar
United Kingdom
348 Posts
 Posted 06/16/2012  5:05 pm  Show Profile   Bookmark this reply Add dooly to your friends list Get a Link to this Reply
I was watching this coin and I almost emailed him to say that the coin has been cleaned the cloth scratches are very evident if you blow the picture up .. he has tried to angle the coin so you cannot see them ..
146-Bids-On-This-Shield-Nickel?
146-Bids-On-This-Shield-Nickel?
Pillar of the Community
United States
759 Posts
 Posted 06/16/2012  7:29 pm  Show Profile   Bookmark this reply Add OneBowl to your friends list Get a Link to this Reply
Not shill bidding at all, IMO. More like novice bidding.
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