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-   -   Shill bidding? (https://www.radiobanter.com/shortwave/75937-shill-bidding.html)

John S. August 8th 05 05:04 PM


Unrevealed Source wrote:
I believe the play here is that the shills bid it up, then the seller
contacts the next-highest bidder and offers to sell it off eBay (since the
high bidder "backed out"), for that seller's high bid. That way, there is
no PayPal buyer protection or negative feedback that can be left.


And one other possibility is that seller is enforcing a reserve without
having to pay Ebay fees. Seen that many times.


Carter-K8VT August 8th 05 05:37 PM

Lucky wrote:
"Unrevealed Source" wrote in message
...

I believe the play here is that the shills bid it up, then the
seller contacts the next-highest bidder and offers to sell it off
eBay (since the high bidder "backed out"), for that seller's high
bid. That way, there is no PayPal buyer protection or negative
feedback that can be left.


I don't believe that the above is true... The name of the "next-highest
bidder" came from eBay and eBay calls this type of transaction a "second
chance" offer, with all the rights, privileges and protection that that
the highest bidder has. Also, the price in this case is what the
*second* highest bidder offered, not the first highest. However, if
someone does offer you something "off eBay", watch out!
73,
Carter

Carter-K8VT August 9th 05 01:56 AM

John S. wrote:

I believe the second bidders bid becomes recognized by Ebay only if the
seller cancels the high bid.

Partially correct--but there's more than just "canceling": could be he
is a deadbeat bidder who won't/can't pay, is an actual shill who had no
intention of paying, says he bid wrong item (or wrong amount), dies
before he can send the payment, buyer's regret...there are no end of
real (or bogus) reasons that would allow the second highest bidder to
kick in...

John S. August 9th 05 02:22 AM


Carter-K8VT wrote:
John S. wrote:

I believe the second bidders bid becomes recognized by Ebay only if the
seller cancels the high bid.

Partially correct--but there's more than just "canceling": could be he
is a deadbeat bidder who won't/can't pay, is an actual shill who had no
intention of paying, says he bid wrong item (or wrong amount), dies
before he can send the payment, buyer's regret...there are no end of
real (or bogus) reasons that would allow the second highest bidder to
kick in...


The original point being that to get Ebay to recognize the second bid
and to obtain whatever protection Ebay offers the seller would have to
go through the steps of cancelling the sale.


Unrevealed Source August 9th 05 02:24 AM

The second-highest bidder never just "kicks in". If the seller wishes to
offer it formally through eBay to the next-highest bidder, he can send a
Second Chance offer, which the buyer may choose to accept or decline.

However, the seller/scammer may also take his new list of potential buyers
and offer the item to one or all of them privately, giving a story about
deadbeat bidder, the guy died, whatever. The mark thinks he has lucked out
and sends his money, but receives something that is far different than what
was listed (in this case, perhaps, a totally non-working radio). Since the
deal went down outside of eBay, the seller is stuck with no recourse; no
PayPal Buyer Protection, or opportunity to even leave negative feedback.
It's an old trick.

In any case, since this R-1000 closed at $610, something fishy definitely
went down. These are great radios (I have one myself) but they aren't very
rare and certainly aren't worth that kind of money. It could be simply
seller's remorse. Decided he didn't want to sell it after all but already
had bids, so just had his buddies bid it up and out.



"Carter-K8VT" wrote in message
. ..
John S. wrote:

I believe the second bidders bid becomes recognized by Ebay only if the
seller cancels the high bid.

Partially correct--but there's more than just "canceling": could be he
is a deadbeat bidder who won't/can't pay, is an actual shill who had no
intention of paying, says he bid wrong item (or wrong amount), dies
before he can send the payment, buyer's regret...there are no end of
real (or bogus) reasons that would allow the second highest bidder to
kick in...





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