Am I Missing Something Here?

Robert · 4th February 2007, 07:48 AM

This just ended on ebay http://cgi.ebay.com/ws/eBayISAPI.dll...8072&rd=1&rd=1
Like I said, am I missing something here? The dagger and sheath are in good condition but the price seems a tad bit high. What does any one else think about this?

FenrisWolf · 4th February 2007, 08:00 AM

Seller is using a shill bidder; he makes a big deal of using no reserve, that's always a warning sign. And while you can't look up bidder names, but you can look up bid history. The second-to-last bidder on the knife jacked it up from 370.00 to 750.00, and 64% of their 100-499 bid history is with this one seller.

I took a look at some of his other auctions. Seems he has this down to a science; if the bid is less than he wants to milk something for, he jacks it up hugely, and then adds a last minute bid from a supposed second bidder for a bit more so it doesn't look too dodgy. If, however, he thinks he has a fish on the hook, he initiates a bidding war between two new bidders in hopes that the fish will jump on board.

spiral · 6th February 2007, 08:49 PM

Quote:

Originally Posted by FenrisWolf

. The second-to-last bidder on the knife jacked it up from 370.00 to 750.00, and 64% of their 100-499 bid history is with this one seller.

Actualy The percentage bid history of 64% is the bid activity in last 30 days. So its Not the percentage of all bids or indeed auctions paticipated in or won.

Spiral

jmings · 6th February 2007, 09:59 PM

Now, THAT'S what I'm talkin' about.

4th February 2007, 07:48 AM	#1
Robert EAAF Staff Join Date: Feb 2005 Location: Centerville, Kansas Posts: 2,196	Am I Missing Something Here? This just ended on ebay http://cgi.ebay.com/ws/eBayISAPI.dll...8072&rd=1&rd=1 Like I said, am I missing something here? The dagger and sheath are in good condition but the price seems a tad bit high. What does any one else think about this?

4th February 2007, 08:00 AM	#2
FenrisWolf Member Join Date: Jan 2007 Posts: 181	Seller is using a shill bidder; he makes a big deal of using no reserve, that's always a warning sign. And while you can't look up bidder names, but you can look up bid history. The second-to-last bidder on the knife jacked it up from 370.00 to 750.00, and 64% of their 100-499 bid history is with this one seller. I took a look at some of his other auctions. Seems he has this down to a science; if the bid is less than he wants to milk something for, he jacks it up hugely, and then adds a last minute bid from a supposed second bidder for a bit more so it doesn't look too dodgy. If, however, he thinks he has a fish on the hook, he initiates a bidding war between two new bidders in hopes that the fish will jump on board. Last edited by FenrisWolf; 4th February 2007 at 08:21 AM. Reason: more information

6th February 2007, 09:59 PM	#4
jmings Member Join Date: Jun 2005 Location: Tebbetts, Missouri, USA Posts: 49	Now, THAT'S what I'm talkin' about. Attached Images