Re: [FWDLK] Fwd: [FWDLK] 58 Fury E-BAY #330201262949
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Re: [FWDLK] Fwd: [FWDLK] 58 Fury E-BAY #330201262949



Good to know.  In the time of rampant Internet scams it is kind of a restorative in the integrity of our fellow human beings.

Bill Huff


At 1/12/200805:44 PM, David & Susan Wallace wrote:
I contacted the seller to tell him that I thought that he did very well on the car and he replied

"I did well and am happy. I could have done better but I had some bidder that were not legit. I think by canceling their bid I hurt myself on the outcome. But I know that everyone should be happy knowing that I was not the one jacking the bids around. But yes all in all I am very happy.
Thanks
Pete
David Wallace
58 Fury
 

From: William Huff
Sent: Saturday, January 12, 2008 12:49 PM
To: L-FORWARDLOOK@xxxxxxxxxxxxx
Subject: Re: [FWDLK] Fwd: [FWDLK] 58 Fury E-BAY #330201262949

It is my understanding that often the shill bids are not necessarily meant for the present sale, but are intended for a later sale, in order to show that the car was bid up to and hence was worth $XX at auction.  Makes for a much higher starting price the second time around.

Bill Huff

At 1/12/200812:19 PM, Jim Pristelski wrote:
Gary,
 
I agree.  The bidding history indicates to me that there was a fair amount of shill bidding going on.  In particular, there was one bidder with near zero feedback who put in about 10 bids with $500 increments between about $13000 and $18000 (I presume the latter number because the bidding never got that high.), all within a few minutes.  Then, about one day before the end of the auction, after some apparently legitimate bidders entered the bidding, all of those bids were withdrawn or cancelled.  It looked pretty fishy to me.  But then, maybe the shill bidding captured a legitimate bidder.
 
Jim in not too bad in January weather in Illinois
 

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