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#15
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Yeah, the shill bidding happens/happened with the sports auction houses as well. That's what brought down Mastro; their software did not mask high bid amounts from the company, and the employees would place bids up to your max to make you pay more by bidding against yourself.
That tactic is legal in some states as long as the auction houses inform you. So when you create an account with Heritage, REA, Mile High, etc., make sure you read the fine print on their auction rules. (Not sure which ones allow it, and which don't) Or just bid one increment at a time at the end of the auction.
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-- PWCC: The Fish Stinks From the Head PSA: Regularly Get Cheated BGS: Can't detect trimming on modern SGC: Closed auto authentication business JSA: Approved same T206 Autos before SGC Oh, what a difference a year makes. Last edited by swarmee; 07-04-2019 at 12:49 PM. |
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