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Old 08-07-2014, 04:40 PM
ls7plus ls7plus is offline
Larry
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Join Date: Dec 2010
Location: Southfield, Michigan
Posts: 1,765
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Quote:
Originally Posted by Centauri View Post
When on eBay, I bid the price I am willing to pay. Sometimes I win, a lot of times I don't. I pretty much assume every auction has shills - it is too easy to do, and difficult to police.

I have gotten some pretty sweet deals with Probstein. If the price is fair, the shipping safe and timely, and the goods as advertised, that is good enough for me.
+1. It's hard to get taken if you simply bid what you're willing to pay, and have an awareness of the fair market value. Is there an entitlement to a bargain price, where the bidding putters out at a figure well below fair market value? True bargains on really rare and significant items simply don't come along very often. As we've discussed before, more than one major auction house has permitted shill bids to "Cha-Ching" an item to a higher level, up to but not exceeding a max bid, where the confidentiality of the maximum bid was not respected.

Interesting issue,

Larry
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