Ebay Shill bidding?

[Aquarian Sports Cards]

Also an opening bid eliminates the danger of someone making and offer or using a buy it now.

[Aj-hman]

I am a eBay buyer and noticed when I wanted a 1989 Ken Griffey jr PSA 10 that the fix was in. Check it out for yourself. This card will sell at auction for around $400 every time. My theory is that sellers have created multiple accounts one to sell and one to buy. Possibly have their buddies/ coconspirators drive up the prices on their auctions. If their buddy wins then they keep the card and resell it again until it “auctions” for their price.

[drcy]

I haven't examined the bid patterns posted and am accusing no one of anything. However, I did want to point out that shill bidding can be used to prevent low sales and not just to raise high sales to artificial heights.

[Fballguy]

Originally Posted by drcy

I haven't examined the bid patterns posted and am accusing no one of anything. However, I did want to point out that shill bidding can be used to prevent low sales and not just to raise high sales to artificial heights.

I would think a smart shill bidder would only shill bid on under performing items and only up to reasonable market value so as not to throw up any red flags. If you shill way over market value every time...well forget it...who would be that bold.

[RedsFan1941]

Originally Posted by Fballguy

I would think a smart shill bidder would only shill bid on under performing items and only up to reasonable market value so as not to throw up any red flags. If you shill way over market value every time...well forget it...who would be that bold.

yes ... who?

[RCMcKenzie]

Originally Posted by drcy

I haven't examined the bid patterns posted and am accusing no one of anything. However, I did want to point out that shill bidding can be used to prevent low sales and not just to raise high sales to artificial heights.

I don't know who outbid me. It was prolly Steve. I know it wasn't Dr Cycleback.

[wondo]

Originally Posted by Aj-hman

I am a eBay buyer and noticed when I wanted a 1989 Ken Griffey jr PSA 10 that the fix was in. Check it out for yourself. This card will sell at auction for around $400 every time. My theory is that sellers have created multiple accounts one to sell and one to buy. Possibly have their buddies/ coconspirators drive up the prices on their auctions. If their buddy wins then they keep the card and resell it again until it “auctions” for their price.

Could that $400 price area also be the market price for a 1989 UD Griffey PSA10? Am I missing sarcasm?

[Fballguy]

Originally Posted by Aquarian Sports Cards

Also an opening bid eliminates the danger of someone making and offer or using a buy it now.

This seller doesn't offer buy it now or best offer. Straight auction.