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-   -   "Shill" bidding, or Idiots???????? (http://www.collectingbanter.com/showthread.php?t=40601)

Gene May 23rd 04 10:32 PM

"Shill" bidding, or Idiots????????
 
This note, if genuine retails around $750 in Uncirculated. Strange
bids..?? Huh??
http://cgi.ebay.com/ws/eBayISAPI.dll...28556 87&rd=1

Coin Saver May 24th 04 06:08 PM

From: Gene

This note, if genuine retails around $750 in Uncirculated. Strange bids..??

Huh??
http://cgi.ebay.com/ws/eBayISAPI.dll...&item=39128556

87&rd=1

Not so strange. On May 17th, coolwelder (the first bidder) bid a max of $200;
M22249 bid $25 on the 18th, then on the 19th bethigh2003 began with a $27 bid -
he was outbid, of course as the proxy took over.

bethigh then kept bidding in increments till he found coolwelders top bid. So
cool welder rebid some amount over 3,050. bethigh went back, trying to outbid
him again, but gave up at $3,000.

thats how proxy bids work (and look)

8-|
- Coin Saver


Gene May 24th 04 08:14 PM

On 24 May 2004 17:08:52 GMT, ojunk (Coin Saver)
wrote:

From: Gene


This note, if genuine retails around $750 in Uncirculated. Strange bids..??

Huh??
http://cgi.ebay.com/ws/eBayISAPI.dll...&item=39128556
87&rd=1

Not so strange. On May 17th, coolwelder (the first bidder) bid a max of $200;
M22249 bid $25 on the 18th, then on the 19th bethigh2003 began with a $27 bid -
he was outbid, of course as the proxy took over.

bethigh then kept bidding in increments till he found coolwelders top bid. So
cool welder rebid some amount over 3,050. bethigh went back, trying to outbid
him again, but gave up at $3,000.

thats how proxy bids work (and look)

8-|
- Coin Saver



I fully understand how Proxy bidding works, I have been on eBay over 7
years..... Its just strange to see a $700 item bring over 4 times its
value, with many of the same item available (then and now) on eBay for
the bidders to see.. (??????) Many times this is one of the bidders
helping the seller.... Gene


Ned Flanders May 26th 04 03:32 PM

Gene wrote in message ws.com...
This note, if genuine retails around $750 in Uncirculated. Strange
bids..?? Huh??
http://cgi.ebay.com/ws/eBayISAPI.dll...28556 87&rd=1


I have had the same thing occur with my auction—my item sold for fifty
dollars and the exact item in the same condition ended without a
single bid--with a starting price of one dollar. The person had about
200 more feedbacks than me too. So my vote is for idiots…

Cheers,

Ned


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