ebay finds that PWCC engaged in shill bidding?

[cardsagain74]

Originally Posted by Peter_Spaeth

No set formula. Case by case and some is by feel, but if I didn't have a good feel I would typically look at past sales to get an idea, if PWCC prices were obvious outliers I would not give them any weight. Sometimes though I go more by my general perception of how much the market for a certain type of card has gone up or down since I bought it rather than relying on direct comps.

There may not be a better way to do it. Who knows what went on at times, and I don't doubt that there are highly questionable "sales" of higher-end items (especially with examples like the Floyd Mayweather card that Exhibitman showed earlier).

But I'll share the one auction lot I won from them this year. Final price was at the very low end for centered PSA 9s, and it's obvious from the bid history that there was no shill bidding.

So either my auction was a rare outlier (and there is some huge boiler room concept happening where endless people frantically kept track of everything and ensure that artificially high prices are always being created), or mine is similar to countless other nice (but modest) auction items that were ok, and the focus of any shenanigans was usually on a larger scale.

I would guess the latter.

https://www.ebay.com/itm/353540601951

[Peter_Spaeth]

Originally Posted by cardsagain74

There may not be a better way to do it. Who knows what went on at times, and I don't doubt that there are highly questionable "sales" of higher-end items (especially with examples like the Floyd Mayweather card that Exhibitman showed earlier).

But I'll share the one auction lot I won from them this year. Final price was at the very low end for centered PSA 9s, and it's obvious from the bid history that there was no shill bidding.

So either my auction was a rare outlier (and there is some huge boiler room concept happening where endless people frantically kept track of everything and ensure that artificially high prices are always being created), or mine is similar to countless other nice (but modest) auction items that were ok, and the focus of any shenanigans was usually on a larger scale.

I would guess the latter.

https://www.ebay.com/itm/353540601951

A lot of their stuff is fine. Lots of honest collectors consign to them and even some honest dealers. It's the dishonest dealer and card doctor consignments where all the BS is.

[cardsagain74]

Originally Posted by Peter_Spaeth

A lot of their stuff is fine. Lots of honest collectors consign to them and even some honest dealers. It's the dishonest dealer and card doctor consignments where all the BS is.

Exactly. But from the sound of this thread, you'd think it was much more widespread than that w/ their auctions

[Peter_Spaeth]

Originally Posted by cardsagain74

Exactly. But from the sound of this thread, you'd think it was much more widespread than that w/ their auctions

Multiplied by their thousands and thousands of listings, it adds up.