Re: Shill Bidding and Second Chance Offers
[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: Shill Bidding and Second Chance Offers



Hi Dean:

Thanks for your comments. I didn't post names etc. because on some lists of which I am a member, even doing what I have done so far is forbidden. They are desperately worried that they will be sued - given the militaristic legal situation in the US. I also didn't want to charge Larry with directly fiddling with the auction. By not broadcasting his name or the exact circumstances, I felt that only a few people would be bothered to search for the specifics.

What I don't understand is someone placing such a high bid on a lot, then refusing to honor the bid immediately after the sale. It has all the earmarks of a buddy helping a buddy - especially when they both appear to be in the same business.

I've sniped for years with mixed results. At one time, I was virtually certain of success especially after I perfected the art of placing a bid with 3 seconds to go. However, in my other hobby - which is the collecting of medals and orders of Austria - I've been getting seriously whacked by a flurry of snipers. Of course, I'm bidding in their backyard on Austrian eBay. I've tried a new approach which is to place a substantial bid with a bit of time to go - enough so that the last minute bidders can see the level early or be pushed aside by repeated "You have been outbid" notices. It chases off a few and reduces the auction fever. It also throws off the snipers who often must re-think their bids. As most of them use telephone modems, they don't have time to make more than one bid before the auction ends - especially if I follow up my first, "clear the air" bid with a raise at about one minute to go. I win some and I lose some - but I'm happier at what I win and am more consistent now.

Yes, I dealt with Larry and have heard all sorts of good reports. I emailed him earlier in the sale when the lot had sat for 4 or 5 days without a bid. I asked him if he had a Buy it Now Price and suggested that he could revise the lot and I would pay the BIN. I didn't get an answer after a day, so I made my own bid. You saw the results. It could also have been a buddy "helping out" without being asked - but it seems very unlikely at such a high level of bidding. The final issue for me is that I don't need the hood ornament which is where the value of the lot really lies.

I considered your suggestion regarding paying the $63 bid and will probably consider it - however, I can't do so through eBay. There is no system for counter-offers in the Second Chance setup. Larry seems to want to deal strictly through eBay so I have little choice. I could email him and offer him something for the medallions and tell him to keep the hood ornament. That might be the sensible thing to do.

In any event, thanks for your continuing support. Are you still on track for Edmonton in the next two weeks or so?

John



John,

Firstly, I don't think it's any big deal to post an eBay item number
or the seller's name.  Anyone who uses eBay can find it in a hurry
based on limited information - it took me no time to track this one
down.

I've dealt with this particular seller before, and received nothing
short of stellar service from him.  He even threw in an extra NOS air
cleaner decal for me at no charge.  John, I see you have posted some
positive feedback for him very recently as well.

Considering the extensive and nearly flawless feedback histories of
both the seller and winning bidder, it seems highly doubtful that any
malicious activity is going on here.  Perhaps he has more than one
set of these, and would rather sell to you directly instead of going
through the eBay listing process (and fees) again.

We can only speculate on that, but at any rate, here's what I would
do in your situation.  Accept the second chance offer, but state that
you are only willing to pay $62.00.  This is what you WOULD have paid
if not for the participation of the winning bidder.  If that isn't
acceptable to him, then he can put it on eBay and leave it to chance.

Another tactic to try is sniping (last minute bidding).  Some don't
think this is fair or ethical, but the auction isn't over until the
last second ticks off the clock.  This is the ONLY way I bid on eBay.
This doesn't allow shillers (or any other bidders, for that matter,
except fellow snipers) any time to spring into action.

I've scored some great deals this way, but at times have also lost
out to other snipers with slightly deeper pockets than I.  That's how
it is sometimes.

Dean Reitan
Calgary, AB, Canada
1972 Matador 2-door, 304
-----
Here's an interesting coincidence.  Some of you will recall that I am
searching for Barcelona medallions for my '78 Coupe.   I was notified
by several attentive listers of a lot that was on eBay.  I
subsequently bid on this lot.  With four hours to go I was the sole
bidder at the opening bid price.

I watched the item for a while, then another bid was placed.  This
was followed by  two more bids from another bidder, neither of which
beat the second bidder.  By now, a considerable amount of money was
on the table.  At this point, with about 10 minutes to go, I made a
(in my opinion) very high bid - which failed to win.  I let the item
go as I was not going to pay for three items when I needed only two
of them - particularly as I considered the price too high.

Just now - some 4 hours after the sale, I've been offered a "Second
Chance" at my too-high bid.

I'm not going to suggest that a shill was working on this but I have
my suspicions.  The high bidder appears to be a dealer in old car
bits as is the seller.

I'd like the opinions of the list.  Note that I have purposely not
identified the seller, or the lot number - and don't wish to bring
that information forward to the list in view of the legality of such
a revelation.

John

=============================================================
Posted by wixList Archiver -- http://www.amxfiles.com/wixlist


.






Home Back to the Home of the AMC Gremlin 


This site contains affiliate links for which we may be compensated