Quote:
Originally Posted by benjulmag
I agree with this point. Regardless whether the AH is the party entering the bogus bid, the objective is the same -- to induce the bidder to believe a bid reflects genuine market interest from a "real" bidder. The only distinction between this practice and "regular" shill bidding is that this practice is forewarned in the auction rules
as allowed to take place. As I stated in my original post (which for some strange reason -- senior moment?  -- refers to AHs as HAs), I regard this distinction to be unconvincing. |
Disagree. By this logic starting any card with an opening bid of more than .01 is shill bidding. There is very little difference between starting a card with a high opening bid and having a reserve. I have seen cards get no bids or one bid in auctions. I prefer the reserve being posted at sometime before the auction and not remain hidden.