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108.78.253.140
Signed up for this "live" auction though didn't bid on anything.
Checking the auction results it shows the SAME ID for all the winners.
Bidder seemed to bid against themselves (raising the price) and won tens
of thousands worth of auctions.
Seems like a complete scam (20 years into eBay) or am I missing something?
More a curiosity than anything that actually concerns me.
"Once this was all Black Plasma and Imagination"-Michael McClure
Follow Ups:
"Bidder seemed to bid against themselves (raising the price) and won tens
of thousands worth of auctions."
It doesn't pay to bid against yourself on eBay because now they charge 18 %. It clearly says when you bid you enter a contract. So if you have to buy it from yourself it costs you 18 %. If you fail to buy, then you might get in trouble with eBay.
Buddy and I did some business on there. I fixed the units and he sold them. I am pretty sure we got scammed at least once.
I have heard too many horror stories to sell through them again. People get stuff for free by claiming "not as described" or some stupid shit. Didn't they see the pictures ? Or some kind of damage but they won't send pictures to make a claim with the shipper.
We got totally sick of it. I use Craigslist now, but he lives in a different neighborhood now and because of the situation there people are reluctant to come there. So we are pretty much out of business. It happens.
This would APPEAR to be an effort to make this stuff Worth More to collectors than it really is, should you look at it as 'art'.
My bet is that not a Nickel actually changed hands and the 'bidder' was a shill for the owner of the auction.
If I bid something UP to the sky, than somebody takes note and wants it, too, since some of these collectors have more money than brains. Price rises accordingly.
Real Surprise is when you take your 6000$ painting to a REAL auction house and find out the appraiser will give you 20$ for the Frame it came in.
I think the phrase here is 'Market Manipulation'
Too much is never enough
Yeah, that seems just a LITTLE fishy to me...
I'm guessing that this person entered a high bid on his first bid. With eBay, the opening bid might be $200 and increment by $25. So, if I place my bid at $500, the auction will show the current bid at the opening number of $200. Then, someone bids $275. Because I have a maximum bid of $500, my bid shows up as the high bid again at $300 because it automatically placed until it exceed my top bid and so on.
-Rod
but the bid increments on those auctions read as the the same bidder bidding against themselves,
which is nearly impossible (and stupid) to do.
Given Reelsmith's explanation of an assigned Ebay moniker given for an auction though it DOES
make sense as it could be several bidders biding against one another using the same moniker.
THAT is just ridiculous though and cause for confusion.
"Once this was all Black Plasma and Imagination" -Michael McClure
I looked a bit more and found this in the terms and conditions:
All absentee bids must be received by 5 PM the day before the auction. Telephone and absentee bidding should be arranged as early as possible. Telephone bids can only proceed on lots that have a minimum low estimate of $500.
Perhaps these bids are the auction house placing them for telephone and absentee bidders.
-Rod
I'm only familiar with one auction house (I appraised for them and wrote descriptions) and as far as viewing results on line was concerned, all Internet bids displayed as the same number, while live bidders each had their own number.
Dean.
reelsmith's axiom: Its going to be used equipment when I sell it, so it may as well be used equipment when I buy it.
ALL the Ebay bidders on those auctions have the same moniker (or were assigned the same moniker - for that auction???) with little feedback scores.
I had bid on a "live" auction a few years back (different seller) and had clearly been the high Ebay bidder with time to spare, but somehow didn't win the item which showed up complete on eBay at a lower price.
IMO, auction houses and eBay are a bad combination.
So I guess I should avoid them.
Thanks though!
"Once this was all Black Plasma and Imagination" -Michael McClure
...especially since this is their first eBay auction.
It looks very suspicious and I am not defending them in any way.
I just remember the number of calls I took asking who buyer #1 was with the auction company I worked for.
We assigned #1 to all internet buyers, who won over 90% of the lots.
I agree thoroughly that all auction houses should avoid eBay as they are not a trusted entity.
Dean.
reelsmith's axiom: Its going to be used equipment when I sell it, so it may as well be used equipment when I buy it.
They are looking for the well-heeled novice buyer that will chime in on what May Or May Not be Fake merchandise...
+++++++++++
Back in the 1990s I was decorating my home with items similar to childhood home. My parents were antique collectors and artists. I was interested in handmade village rugs from Iraq and Iran and the "stan" countries. After a lot of research I found a seller that was honest and had quality products...
I found sellers that had fair prices on rugs but would charge exorbitant shipping charges... Ebay has always in my experience bin a place of Buyer Beware and never bid more than you are willing to loose...
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