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 Replies: 96 / Views: 12,400 |
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Pillar of the Community
Canada
1980 Posts |
so I was the 2nd highest bidder on this starting bid of $24.99 and sold for $78 163533333296but to me I think seller wasnt happy with the price it sold for because now I see it up again and instead of a low starting bid it now has a $650 starting bid, 163561791161if this is what happened its not cool at all Edited by gidjit
02/24/2019 8:04 pm
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Bedrock of the Community
United States
94367 Posts |
ebay gives you the flexibility to do this. The disparity is certainly remarkable - what is the fair value of this in your opinion?
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Pillar of the Community
 Canada
9862 Posts |
Always avoid auctions where bidders identity is private.
It leaves the door open for shill bidding.
Not saying that's what happened here but the door was open.
About half of the new start price would be fair, it is a problem coin after all.
"Dipping" is not considered cleaning...
-from PCGS website
Edited by DBM
02/24/2019 7:55 pm
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Pillar of the Community
United States
1349 Posts |
Sure looks like shill bidding to me.
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Pillar of the Community
 Canada
1980 Posts |
i have had a few auctions in the past that went for much less than I was hooping for but I still sent it to the buyer after all I did have the option to pick my staring price or sell as a buy it now..i think this is a very dishonest thing to do
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Bedrock of the Community
United States
12057 Posts |
Did you report the listings to ebay? If not, please do! Bad seller behavior. This does happen, along with the occasional "I must have sold it and forgotten about it, so I have to refund you" and all that. Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis |
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Pillar of the Community
Canada
1980 Posts |
Quote:
Sure looks like shill bidding to me thats worse |
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New Member
United States
4 Posts |
The interesting thing is that it is the same seller for both coins, looks to me that he had someone buy it for him, and then relist it. That is dirty pool.
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Pillar of the Community
Canada
1463 Posts |
I wonder if that sort of thing is ilegal?
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Pillar of the Community
United States
4691 Posts |
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Pillar of the Community
United States
1349 Posts |
Here is a hypothetical question for you. If I have more than one ebay identity and list a coin such that the identities of the bidders remains private, what prevents me from using one of my other identities to jack up the bids? Then, if I don't like the level to which real bidders bid against me and raise the price, what stops me from selling it to one of my alter-ego identities? I haven't sold anything on ebay for many years, so for you more experienced sellers, does ebay have any way of stopping this? Do they want to stop it, since I would have to pay the fees on such a hypothetical sale? http://www.victoriancent.com2011 & 2025 Fred Bowman Award Winner, 2020 J. Douglas Ferguson Award Winner, & 2022 Paul Fiocca Award Winner. Life Member of RCNA.
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Bedrock of the Community
13014 Posts |
Public vs private makes 0 difference for shill bidding. Shill bidding shouldn't make any difference to a buyer either, only you control what you are willing to pay. Set your max bid and if it works it works, if not walk away on common items. As for whether or not something has to be shipped, it doesn't. Before everyone jumps on the whole evil sellers for not giving something away for pennies on the dollar or cents on the loonie consider this. First and foremost buyers are not required to pay and can cancel bids or sales at every time, as long as they are allowed to do that sellers should be as well. Then you have the fact that ebay doesn't show every listing to every person and with the promoted listings now it's very easy for listings to get completely lost. A couple hundred dollars is a lot to eat on a listing and reserves are so expensive now those aren't an option. The relist is how they should have listed it the first time or done a bin, but there are a lot of other factors when it comes to ebay |
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Pillar of the Community
United States
1349 Posts |
In my hypothetical, if my low starting price was an honest mistake, I can probably agree with you. If I started it low to fish for a bidding war, in order to avoid paying higher ebay fees, then didn't get one, I don't agree. http://www.victoriancent.com2011 & 2025 Fred Bowman Award Winner, 2020 J. Douglas Ferguson Award Winner, & 2022 Paul Fiocca Award Winner. Life Member of RCNA.
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Bedrock of the Community
13014 Posts |
Quote: If I started it low to fish for a bidding war, in order to avoid paying higher ebay fees, then didn't get one, I don't agree. Rules should be equal for both sides. Ignoring the hiding listings and all other stuff, if a buyer isn't required to pay a seller should be able to cancel anything they want as well. Either both sides should be held to it or neither. There shouldn't be a double standard in policy though |
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New Member
United States
4 Posts |
ebay defines Shill bidding as "Is when someone bids on an item to artificially increase its price, desirability, or search standing". And as per ebay "Shill bidding is prohibited". I know it happens, but I don't have to like it. But I also feel that if you bid on something and you overbid that is your fault and you should have to pay up. Because doing something stupid should be painful.
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Pillar of the Community
United States
4085 Posts |
And the chance it sells for the new price is.........not high! I put a watch on it just to see.
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Replies: 96 / Views: 12,400 |
Posted 02/24/2019 7:51 pm
