Ebay Auction. Shill Bidding? - Coin Community Forum

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Author	Replies: 5 / Views: 2,241
jagoedo Valued Member Belgium 54 Posts	Posted 04/19/2015 10:40 am Dear fellow collectors, I just won an auction today :) However, I'm having my doubts about the second bidder who was also bidding on the item. Link to the listing: http://www.benl.ebay.be/itm/BELGIUM...251916464087 The second bidder has a feedback of 3. He hadn't bid on anything in the last 30 days except for this item. And his bid was placed 3 hours before the listing ended. So I'm a bit suspicious. Is there a possibility that this is a case of shill bidding? If so what actions can I take? Report this Post to the Staff

stampvirgin Pillar of the Community United States 1247 Posts	Posted 04/19/2015 10:51 am did you see where the slab said the coin was cleaned? Report this Post to the Staff
KenKat Pillar of the Community United States 4085 Posts	Posted 04/19/2015 11:16 am Seems unlikely to me that this was a shill bid. He put his bid in before yours; typically, a shill bidder would drive up another bidder's bid AFTER they bid, not as the initial bid on the auction. You were ultimately the one who set the price of the auction with your final bid. My 7070 US Type Set My 7100 Lincoln Cent Set (now with updates!) Report this Post to the Staff
jagoedo Valued Member Belgium 54 Posts	Posted 04/19/2015 11:32 am Yes, I saw that the coin was cleaned. But the price is still bellow the market value even if it's cleaned. The seller knew that I was interesed in the coin because I contacted him a few hours before the second bidder placed his bid. Report this Post to the Staff
edweather Pillar of the Community United States 7375 Posts	Posted 04/20/2015 01:34 am I'd say not a shill bid, and if the coin is still below market value, then you got a good deal. In my experience shill bidding drives the price way up to at or above normal value. I say you did well. Report this Post to the Staff
jagoedo Valued Member Belgium 54 Posts	Posted 04/20/2015 06:53 am Ok thank you for helping me out on this one. Nevertheless, I'm still happy with the coin. Report this Post to the Staff
	Replies: 5 / Views: 2,241

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