Thread: shill bidders?
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Old 07-16-2014, 09:18 AM
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Peter_Spaeth Peter_Spaeth is offline
Peter Spaeth
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To me, red flags are where bidders not only have a high percentage of bidding with the seller, but ALSO have a high number of retractions -- suggesting they are consignors who run auctions up until they top the high bidder, then retract; or set a high target to induce other bidders to go higher and then retract. This particular auction does not seem suspicious.
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Last edited by Peter_Spaeth; 07-16-2014 at 09:20 AM.
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