I'll play devil's advocate - I consigned an expensive ($8K - $10K) card with PWCC that sold last month. I can assure I didn't shill bid or have anyone do so for me.
With 4 days left, it had already reached an all-time high for the card, and then ended another 20% higher than that by the time it was done.
I don't understand why, but I watched a bidding war take place with 8 days left between two people, and another one with 4-5 days left. We all know about sniping and waiting until the last second to bid, but I think other people may just have other strategies - bid early and scare people off, maybe? I don't understand it and wouldn't do it myself, but others do.
So with all that said, I'm sure there are plenty of issues with PWCC having shill bidders and other issues - but there are 100% legit auctions which do run through them as well, and at least some of those record prices are real.
Scott S@r!@n
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