I saved a shareable version to my google drive. It should be accessible through the following link:
https://drive.google.com/file/d/0B3S...ew?usp=sharing |
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this works great, was very interesting... anyone else remember all of TJ Schwartz's holier than thou articles about the hobby? lol |
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I would like to see a summary of:
1. Current Grading Company Officials 2. Current Autograph Authentication Company Officials 3. Current Auction House Officials 4. Current Dealers/eBay Sellers |
There are alot of scumbags in this world..
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Who is Hal Lewis???:confused:
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For the consignor, the worst case scenario is that nobody overpays, he keeps his card, and the most recent sale of his card is nice and inflated when he consigns it again 4 months down the road. Worst case for the auction house, they don't get a hefty buyer's premium but they can now advertise a NEW RECORD PRICE for whatever card they sold in a press release and on their website. |
I'm sorry but I can't help but to find it humorous that some of the most egregious shillers were also victims.
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Sickening.....but not surprising. Thank you for sharing the list. Some very disgusting stuff.
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I think we should start creating our list.
If the shiller or consignor is with a current AH, then they will be part of this list. |
Here's an interesting one:
http://legendaryauctions.com/LotDeta...entoryid=70892 Apparently this was the only Lionel Carter auction that was shilled. I very much doubt that Carter himself was involved in the shilling - I doubt this would have been his one auction to choose to shill. I would guess, instead, that Mastro had knowledge of the highest bid and then did this in order to increase the premium. |
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I noticed a couple from PSA's "Board of Experts" in the shill bidder column. One in particular is seen many times.
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This list was NOT put out by the govt. Doug Allen entered this document the way it is into the proceedings. I believe This list was carefully gone over and researched by the govt before it was made. But then again what do I know?
Also, NOW is the time to write a letter to the judge if you are concerned. Sentencing is in 2 weeks...... Judge Ronald A. Guzman 219 South Dearborn Street Chicago, Illinois 60604 Case No. 12 CR 567-2 United States Vs Doug Allen I am contemplating it... . |
Damn, that is a L-O-N-G list!
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Sure am glad I haven't bid in any auctions. I think I will appreciate a good ebay Buy It Now auction more from now on.
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Darryl Abramowitz?
Tom C |
Seriously, out of control. I was probably naïve, but there were a lot more than I expected there. I don't even know how this is fixed in any auctions today even if the auction house does not own the auction software. Many of the shillers seemed to be friends and relatives of the consignor. So even with today's auctions, they would just have different accounts and would not be caught. Basically, the auction house (or ebay) is not directly involved in the shilling activities. However, they turn a blind eye to monitoring it.
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During that time period I was busy keeping my business afloat and didn't bid in any auctions. Fortunately, if floated. That said, it has to be disheartening for those who were gouged.
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Makes me glad I collect on the low end of the hobby. If I chased high dollar-value cards and my name appeared as a victim, or if my account had been used to place a shill bid, I'd be furious.
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Totally disgusting.
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Per Andrew Moore, "The Government only identified a 'victim' for 347 of the 2,463 auctions". It's pretty obvious that the 2000+ auctions that don't list victims actually do have them. I was somewhat sympathetic to Doug Allen's plea not to do 57 months in jail, but I'm over that now.
Another thing to remember (and there's a lot to take in here) is that this list is just for those years where Mastro didn't destroy their records. This list would likely be much, much longer if they had that info. Bill |
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There are some entries that are clearly instances where Mastro exploited a winner's max bid by running up the total: Peter Spaeth's name shows up as a shill bidder and winner on one entry [August 2007]. Chad Dreier is shown on one as well [see June 2007]. I don't believe either of those guys had anything to do with Mastro's scheme; I do believe both were cheated as a result.
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http://net54baseball.com/showpost.ph...0&postcount=51 |
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I naively thought that only the big boys bidding on high value lots got shilled. I got shilled for $200. Sad.
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any thoughts as to whether this could contribute to price deflation in the market? There has been widespread false price discovery here. Maybe it's old enough not to matter to prices now.
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I was shilled once for $379 + vig (amounts seem to be only the hammer price) but apparently I wasn't a "victim."
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I would love if Keith Olbermann spoke up about this. He was the victim on quite a lot of the top dollar items.
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I was shill bid on the T206 Wagner I won for $160,000 for a client of mine in their 2007 live auction. Wow, what a mess this is.
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I wasn't a "victim" either, but I was shilled. I wonder what that means.
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For those inquiring about why no victim is listed in the document for many of the entries. I found this in the document which seems to explain the reasoning.
"It is my understanding that for the remaining auctions in which the Government calculated a loss but did not identify a “victim,” the identified shill bidder either placed the winning bid or the “shill bid(s)” did not immediately precede the winning bid. As such, it is my opinion the actual loss on these auctions is $0 because the “shill bid(s)” did not have a direct financial impact on the winning bid." So essentially if a shill bid was used to bump the lot from $500 to $600 and then legitimate bids take the item up to $1000. The government is listing a "loss" of $100 on the item but not identifying a victim because the 2nd high bid is judged to be legitimate. Based on that then it would seem that most of the shill bids were placed to push items up to a hidden reserve early on in the bidding rather than attempting to max out the final sale price with late shill bids. Not defending or attempting to excuse any of this behavior, but I thought that context was important to note. I never bid or consigned in a Maestro auction so not directly affected by this but it is very discouraging and makes me question a lot. |
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And how did Mastro determine which auctions got shilled? Did he base it on the bidding activity, relationships, town in which the consignor and shiller lived? Or side agreements he made with each of these individual consignors/shill bidders? I'm sure there are other folks out there who have made arrangements with friends/family to shill bid an auction without Mastro knowing about it. So, this begs the question, "is this list complete?" (for 2007-2009 Mastro auctions). And yes, the inflated price phenomenon is certainly an issue here that can't be ignored...especially with price transparency sites like VCP. |
Net54 Member schillers
Leon, any chance you can run the schiller list up against your members list (past & present, with user name too), would like to see and possible hear from them, although like cockroaches you flip the light switch on and I'd bet those people arn't long for here.
And if someone can post all the schillers and the current auction houses they work for I believe that could be enlightening. |
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