Bidding on your own auction

[calvindog]

Originally Posted by cubsfan-budman

At this point, I would definitely not consign with Probstein if I was in the market to do so. His responses seem to me to be dodging the issue and faking concern.

Sean, what do you propose he do about intentional fraud being perpetrated within his business? Nothing?!?

No way to run a business, imho.

What incentive does an auctioneer have to stop fraud which directly increases his income? None. Unless he thinks he's a target of a criminal investigation or feels he will lose business if nothing is done. Morality, the good of the hobby, accurate valuations, concern that future buyers of similarly graded cards will be defrauded due to inflated prior auction results -- none of that factors in to the mix.

[Leon]

Originally Posted by calvindog

What incentive does an auctioneer have to stop fraud which directly increases his income? None. Unless he thinks he's a target of a criminal investigation or feels he will lose business if nothing is done. Morality, the good of the hobby, accurate valuations, concern that future buyers of similarly graded cards will be defrauded due to inflated prior auction results -- none of that factors in to the mix.

Actually I think morality, good of the hobby, accurate valuations and concern for future buyers are all very important. Karma is a mo-fo too ......

I realize and agree with the general sentiment though....

[cubsfan-budman]

I'm guessing there are some guys on this board that Probstein would love to have as customers that are becoming convinced that he's not the right guy to do business with.

[Runscott]

Originally Posted by calvindog

What incentive does an auctioneer have to stop fraud which directly increases his income? None. Unless he thinks he's a target of a criminal investigation or feels he will lose business if nothing is done. Morality, the good of the hobby, accurate valuations, concern that future buyers of similarly graded cards will be defrauded due to inflated prior auction results -- none of that factors in to the mix.

An unethical auctioneer has none. No surprise that ebay has changed their software over the years to make fraud discovery more difficult, as such fraud increases their profits as well.