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Over the past few weeks I have witnessed what appears to be an eBay seller clearly using shill bidding to keep coins from selling too low on auctions with no reserve and a low opening bid.
Dec 10, 2012 · 48leafpsa Posts: 116. December 10, 2012 7:18PM in Trading Cards & Memorabilia Forum. i've been noticing so many sellers on ebay shill bidding their aucitons. it seems like most of the high end sellers either create new accounts or have one of their buddies bid up the card. i was bidding on a 1939 playball ted williams psa 5, which the winning ...
May 9, 2019 · Shilling is having someone (or you) bidding with zero intention of paying if you win. Giving people an incentive to bid on your auctions, knowing you will have to follow through and pay if you win, does not seem like shilling to me. Just seems like a way to get more people interested in your auctions.
With the recent treads about shill bidding, I would appreciate someone explaining how they recognize shill bidding. I do know why they do it, but what do you look for when trying to decide if there is shill bidding going on? For example, is it a number of bids placed by one person one someone's auctions? Is it because they are "new" to eBay?
May 10, 2019 · The auctioneer would have to pay the shill to attend the auction and bid. The auctioneers have more efficient ways to raise the bid. They can take bids from the back of the room, take bids from pre-bids, take bids from the telephone, or sell to the book after the item closes.
I usually write down a few auctions on a piece of paper that interest me and put a few snipe bids on some other things. What I was wondering is do you think watched items encourage the use of shills by the seller?
A while back someone asked about shill bidding, noticing an uncanny coincidence that a large number of coins hover one bid away from the reserve. I discounted it at the time. After seeing this over and over again, I am starting to wonder. Anyone else want to speculate on this?
