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Post by Deleted on Sept 11, 2022 11:19:29 GMT -5
So, I was bored and looking at all the incredible pipe auctions ending today on ebay. I was stunned at a couple of auction prices, so I sorted by 'high to low' and checked out the bid histories. Wow.
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Post by Plainsman on Sept 11, 2022 12:29:41 GMT -5
And the result is…?
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Post by Deleted on Sept 11, 2022 12:35:44 GMT -5
Same as it always was, same as it always was.
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Post by trailboss on Sept 11, 2022 12:41:08 GMT -5
I used to see that a lot on Ebay years ago, under bid history they would cloak the bidders name to something like Sfh****&*, but that same format allowed you to identify a relationship between a seller and this supposed ""bidder" across the sellers auctions.
I sent examples of it happening off to ebay because shill bidding was explicitly forbidden.
Not long after, how Ebay dealt with it? They stopped applying the cloaked/unique identifier that allowed you to connect the dots.
It has been quite awhile since I have been on Ebay so I am guessing that they had to revert back and actually help out the bidder from getting scammed?
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Post by Deleted on Sept 11, 2022 13:13:27 GMT -5
I used to see that a lot on Ebay years ago, under bid history they would cloak the bidders name to something like Sfh****&*, but that same format allowed you to identify a relationship between a seller and this supposed ""bidder" across the sellers auctions. I sent examples of it happening off to ebay because shill bidding was explicitly forbidden. Not long after, how Ebay dealt with it? They stopped applying the cloaked/unique identifier that allowed you to connect the dots. It has been quite awhile since I have been on Ebay so I am guessing that they had to revert back and actually help out the bidder from getting scammed? Shilling, even on ebay, is a Federal crime. The only time I've seen people go to jail for it was over in a vintage baseball card forum. The owner of the forum, and those who were consigning with the shillers, beat up anyone who opened their mouths to complain. But eventually the FBI got involved and the ebay sellers actually went to jail. But ebay will not do anything about it except under extreme duress. And why should they? If a bidder pays $1,600 for a $500 pipe that has been shilled, then he's an idiot and doesn't care, ebay gets more money, the consignor gets more money. Everyone's happy. I don't really care either, as I won't bid on auctions run by the three sellers who were raking it in (as they always do) this morning. It's the hypocrisy among forum members that is hard to ignore. When a forum member asked which ebay sellers were the best to buy from, no one mentioned a single honest seller - but they mentioned all three of the shillers. That kind of eats at me. The last time I brought this up (in another forum), I was told that I would only make other forum members angry by pushing the issue. If you do the simple bid history research I did this morning, you'll see why I was told to shut up.
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Post by turbocat on Sept 11, 2022 13:25:37 GMT -5
Just because things aren’t selling for as cheap as we want them to, or think they should doesn’t mean there is anything nefarious going on. Few serious bidders bid until the last minute of an auction so as not to drive the price up early.
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Post by trailboss on Sept 11, 2022 13:29:38 GMT -5
I personally would not be offended if someone simply shared their findings, as a forum member, flaming wars are never productive… people need to weigh it for themselves and move on.
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Post by Deleted on Sept 11, 2022 13:36:55 GMT -5
Just because things aren’t selling for as cheap as we want them to, or think they should doesn’t mean there is anything nefarious going on. Few serious bidders bid until the last minute of an auction so as not to drive the price up early. This thread is about shill bidding, which is criminal - not complaining about legally-rising market prices.
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Post by Deleted on Sept 11, 2022 13:44:44 GMT -5
I personally would not be offended if someone simply shared their findings, as a forum member, flaming wars are never productive… people need to weigh it for themselves and move on. The flame wars started over in the card forum, when people's income was in danger of being negatively impacted by those of us who wanted a level (and legal) playing field. There are plenty of people here who are in a similar boat, and who will argue that we're just complaining that things are selling for higher than what we want to pay. The Feds weren't impressed with such logic.
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Post by turbocat on Sept 11, 2022 13:51:48 GMT -5
Just because things aren’t selling for as cheap as we want them to, or think they should doesn’t mean there is anything nefarious going on. Few serious bidders bid until the last minute of an auction so as not to drive the price up early. This thread is about shill bidding, which is criminal - not complaining about legally-rising market prices. You haven’t provided any example or proof of shill bidding, just your impression or guess that it’s happening. My comment responded to your assumptions.
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Post by Deleted on Sept 11, 2022 13:58:26 GMT -5
This thread is about shill bidding, which is criminal - not complaining about legally-rising market prices. You haven’t provided any example or proof of shill bidding, just your impression or guess that it’s happening. My comment responded to your assumptions. I intentionally did not call anyone out; however, I gave you instructions. Here they are step-by-step. At this point you may need to look at 'completed auctions'. 1) log in to ebay 2) go to pipe auctions 3) sort by 'highest first' 4) look at bidding history 5) ignore what you see
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Post by turbocat on Sept 11, 2022 14:04:52 GMT -5
You haven’t provided any example or proof of shill bidding, just your impression or guess that it’s happening. My comment responded to your assumptions. I intentionally did not call anyone out; however, I gave you instructions. Here they are step-by-step. At this point you may need to look at 'completed auctions'. 1) log in to ebay 2) go to pipe auctions 3) sort by 'highest first' 4) look at bidding history 5) ignore what you see I don’t understand why you’re being combative. Looking at sales that way is not proof of shill bidding, it’s a guess or impression you are making.
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Post by Deleted on Sept 11, 2022 14:16:50 GMT -5
I intentionally did not call anyone out; however, I gave you instructions. Here they are step-by-step. At this point you may need to look at 'completed auctions'. 1) log in to ebay 2) go to pipe auctions 3) sort by 'highest first' 4) look at bidding history 5) ignore what you see I don’t understand why you’re being combative. Looking at sales that way is not proof of shill bidding, it’s a guess or impression you are making. Goodbye.
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Post by Deleted on Sept 11, 2022 14:25:40 GMT -5
He went straight to #5.
There wasn't any guessing going on here - I've been watching these same sellers for a couple of years. There are four in particular. I posted about it today because three of the four had auctions ending, and they've gotten very brazen about it, some using multiple shill accounts. I figured it would be a simple thing for anyone interested to do some quick research and see exactly who I was talking about. Maybe all of you already know these things and I'm the one wearing blinders?
But since nothing's going to be done about it, I might as well state the obvious: Sellers - make your shill accounts 'private'. It won't fool the Feds, or ebay if they look into it, but at least your customers can pretend things are good.
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Post by Ronv69 on Sept 11, 2022 14:28:24 GMT -5
I looked at the pipes today and honestly, there wasn't anything I wanted. Having too many pipes cures PAD! 😁
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Post by Deleted on Sept 11, 2022 14:48:19 GMT -5
I looked at the pipes today and honestly, there wasn't anything I wanted. Having too many pipes cures PAD! 😁 Same here. It was boredom. I wouldn't have checked bidding histories, but there was a pipe at over $1,500 that shouldn't have fetched more than $450 (which I wouldn't have paid), and I had to look. I checked the bidding history and then climbed on down the rabbithole. I won't do it again. As I said, I was already aware of the guilty sellers and never bid in their auctions, and I knew at least one consignor would not be able to resist joining the thread. But to end this on a positive note: we certainly can't assume that all the big sellers are cheating. I would say that we should mention the good sellers (which I would love to do), but last time I encouraged members in another forum to do so, all four of the biggest shillers were mentioned as being among the best. Kind of defeated the purpose. That's the problem with these sorts of threads - all these guys have loads of friends who support them.
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Post by turbocat on Sept 11, 2022 14:57:24 GMT -5
For the benefit of other readers of this thread I will share some info. First, I was in the retail camera business from around 2000 until 2010, when digital tech changed that business and I moved on. I sold used equipment on eBay all of those years and averaged $300K + per year in gross sales. I know a bit about eBay.
Second, shill bidding is when a seller bids on their own items through a friend or false name. It’s really only a crime that works when they are trying to drive up market prices, not an individual item. The goal is to have the seller create high sales that don’t actually happen.
eBay’s algorithm searches for connections between buyer/seller for repeat auctions that are won and then not completed
Bidding on your own item to drive up the price doesn’t actually work, since there needs to be a real buyer who already bid more or they haven’t actually sold it. It has the same effect as placing a reserve on the item, so anyone doing that is only fooling themselves.
Finally, I had an experience a few years ago selling a pipe on eBay where a bidder accused me of bidding up the price, which I didn’t and never have. It was a cased, unsmoked Dunhill large gourd calabash. The guy who accused me was winning it at around $1,200, but at the end, three more bidders jumped in and it sold for over $3,000. Since I was accused, I researched the other bidders. They were all people bidding high on things they obviously wanted and could afford to.
When people don’t understand what they are seeing or can’t think of what else might be happening, it is not proof of anything they fabricate as an answer.
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Post by Ronv69 on Sept 11, 2022 14:59:29 GMT -5
The only big sellers I've bought from are PipeStud and ShineyPipes. No complaints.
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Post by Deleted on Sept 11, 2022 15:15:19 GMT -5
The only big sellers I've bought from are PipeStud and ShineyPipes. No complaints. Pipestud is exactly who I was thinking of.
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Post by Zach on Sept 11, 2022 15:48:50 GMT -5
It's not called shilling, it's called wash trading. Whereby a seller is in bed with the bidder in any sort of commodity trading or asset market. The seller is often the buyer, and then in these cases dupes the third buyer into paying huge prices because he thinks it was already bought previously for huge prices. Example, seller places a pipe on ebay for $2,800 and then has his buddy wash buy it for that price, and thereby the third buyer who is really the one getting fleeced then buys it for $2,850 and thinks he just got a deal. Shilling in markets simply means that you are advertising as a hype man for a product. I shill for Missouri Meerschaum cobs, as they smoke great.
Wash trading is buyer/seller collusion in order to manipulate a market.
It's a fine line in markets to finding real price valuations and worth. An S. Bang may be worth $4,000 to you, and $200 to me. It can be difficult to determine fair market pricing of any commodity.
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Post by Deleted on Sept 11, 2022 16:14:55 GMT -5
It's not called shilling, it's called wash trading. Whereby a seller is in bed with the bidder in any sort of commodity trading or asset market. The seller is often the buyer, and then in these cases dupes the third buyer into paying huge prices because he thinks it was already bought previously for huge prices. Example, seller places a pipe on ebay for $2,800 and then has his buddy wash buy it for that price, and thereby the third buyer who is really the one getting fleeced then buys it for $2,850 and thinks he just got a deal. Shilling in markets simply means that you are advertising as a hype man for a product. I shill for Missouri Meerschaum cobs, as they smoke great.
Wash trading is buyer/seller collusion in order to manipulate a market.
It's a fine line in markets to finding real price valuations and worth. An S. Bang may be worth $4,000 to you, and $200 to me. It can be difficult to determine fair market pricing of any commodity.
'Shill bidding' is the actual term used by the Department of Justice in official documents concerning auction house activity.
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Post by trailboss on Sept 11, 2022 16:36:51 GMT -5
Semantics for the average guy. As long as two people understand the process that is being communicated… not really a big deal.
The latest birds of a feather is described as a plug, but it is a crumble cake. I am not going to argue it though!
😉
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Post by Deleted on Sept 11, 2022 16:44:00 GMT -5
Semantics for the average guy. As long as two people understand the process that is being communicated… not really a big deal. The latest birds of a feather is described as a plug, but it is a crumble cake. I am not going to argue it though! 😉 The English language is always evolving. Could be 100 years ago when such things were going on, they referred to auction house shenanigans as Zach says. We constantly use words in ways they weren't originally designed, and that's fine. I had drinks with a guy a few days before he had to report to prison for shill bidding activities at an auction house he worked for. It was sad. He was a nice guy, but nice guys go to prison too.
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Zach
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Post by Zach on Sept 11, 2022 16:56:24 GMT -5
It's not called shilling, it's called wash trading. Whereby a seller is in bed with the bidder in any sort of commodity trading or asset market. The seller is often the buyer, and then in these cases dupes the third buyer into paying huge prices because he thinks it was already bought previously for huge prices. Example, seller places a pipe on ebay for $2,800 and then has his buddy wash buy it for that price, and thereby the third buyer who is really the one getting fleeced then buys it for $2,850 and thinks he just got a deal. Shilling in markets simply means that you are advertising as a hype man for a product. I shill for Missouri Meerschaum cobs, as they smoke great.
Wash trading is buyer/seller collusion in order to manipulate a market.
It's a fine line in markets to finding real price valuations and worth. An S. Bang may be worth $4,000 to you, and $200 to me. It can be difficult to determine fair market pricing of any commodity.
'Shill bidding' is the actual term used by the Department of Justice in official documents concerning auction house activity. Yes Scott, you are correct there. It's a bit of a misnomer as someone who "shills" something in markets is someone who either paid or freely advertises goods or services endlessly. Carry on.
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Post by Deleted on Sept 11, 2022 18:30:46 GMT -5
'Shill bidding' is the actual term used by the Department of Justice in official documents concerning auction house activity. Yes Scott, you are correct there. It's a bit of a misnomer as someone who "shills" something in markets is someone who either paid or freely advertises goods or services endlessly. Carry on. Well, there was no interest in the illegal activities going on, other than the one guy who was defending the sellers, so we might as well talk about the evolution of English. I'm disappointed, but not surprised.
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Post by Ronv69 on Sept 11, 2022 19:40:35 GMT -5
The only big sellers I've bought from are PipeStud and ShineyPipes. No complaints. Pipestud is exactly who I was thinking of. He's been good to me. 3 pipes from him, one was a gift from a friend who he worked with to get me a birthday Dunhill at a reasonable price. One other pipe that I got from him was miss-identified and he refunded my money and had me keep the pipe. I don't know what you guys are arguing about. It's an auction. You bid as much as you want and maybe you win.
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Post by Deleted on Sept 11, 2022 19:49:14 GMT -5
Pipestud is exactly who I was thinking of. He's been good to me. 3 pipes from him, one was a gift from a friend who he worked with to get me a birthday Dunhill at a reasonable price. One other pipe that I got from him was miss-identified and he refunded my money and had me keep the pipe. I don't know what you guys are arguing about. It's an auction. You bid as much as you want and maybe you win. I haven't argued with anyone. One of your members created a straw man and I assume he's still arguing with him. As far as: "It's an auction. You bid as much as you want and maybe you win." I think I made myself clear that I'm referring to auctions that are being illegally shill-bid. That creates an artificially high end result - not for each instance, but for enough to where the buyers are paying more than they should have. It sounds like you are fine with that, and I assume most everyone else here is as well, as there have only been opinions that dissented with mine. Sad.
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Post by trailboss on Sept 11, 2022 19:51:46 GMT -5
If mine came across as dissent, it wasn’t meant to be. I think my first post in it said as much…. And my second.
Scratching my noggin….
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Post by Silver on Sept 11, 2022 20:03:12 GMT -5
Lost another one. Sigh.
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Post by trailboss on Sept 11, 2022 20:07:00 GMT -5
“ When a forum member asked which ebay sellers were the best to buy from, no one mentioned a single honest seller - but they mentioned all three of the shillers. That kind of eats at me.
The last time I brought this up (in another forum), I was told that I would only make other forum members angry by pushing the issue.”
Sounds like a self fulfilling prophecy…. Probably a subject best not starting on forums.
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