Crypto-Mugs. Do these legends exist and who has them? - Collecting Tiki

K kohalacharms Tiki Centralite Joined: Jan 29, 2004 Posts: 56	K kohalacharms Posted posted on Fri, Feb 24, 2023 2:41 PM I’d also like to remind everyone of “shill bidding” practices. A seller, or associate of the seller, continuously bids up the price all the way up to the end of the auction hoping other bidders will stay in the game and continue to up the ante…. usually well above the market value of the item. Within a week or two after the auction, the second place bidder will receive a ‘second chance offer’ message from the seller citing that either (a) the auction winner refused to pay or (b) the seller has an identical item which they are willing to let go for the second highest bid. I’ve received many of these offers over the years, some I’ve accepted if the auction item was truly rare , others I’ve attempted to negotiate with the seller offering my highest bid placed preceding the winning bidder’s initial bid.

I’d also like to remind everyone of “shill bidding” practices. A seller, or associate of the seller, continuously bids up the price all the way up to the end of the auction hoping other bidders will stay in the game and continue to up the ante…. usually well above the market value of the item. Within a week or two after the auction, the second place bidder will receive a ‘second chance offer’ message from the seller citing that either (a) the auction winner refused to pay or (b) the seller has an identical item which they are willing to let go for the second highest bid. I’ve received many of these offers over the years, some I’ve accepted if the auction item was truly rare , others I’ve attempted to negotiate with the seller offering my highest bid placed preceding the winning bidder’s initial bid.

Post #808101 by kohalacharms on Fri, Feb 24, 2023 2:41 PM