Bidding Scam
last modified: Saturday, December 10, 2005 (11:00:30 PM)
Pricing is usually relative in my opinion because people will only pay what they think something is worth. But in reality there is a thing as a pricing market for every series that tends to go up and down.
About a week ago I had stumbled across an auction that I didn’t think would go very high and I shared my feelings with a fellow collector who agreed and wasn’t going to bid on it. Today, I look in shock at the amount of bids this auction has. Curiosity killed the cat, so I looked at who was bidding. Everything looked normal until the collector I shared my feelings with was on the bidding list.
With even more curiosity, I asked the fellow collector to see if possibly feelings had been changed. Much to my surprise and annoyance the response was that the collector had bid because “they” were trying to help the person out and it was a nice thing to do. “They” also made the comment that it worked in the seller’s favor because someone was still going for it at a higher price. So, I asked if “they” were just raising the price of the auction but not really wanting the cel, and yes was pretty much the answer.
This seriously upset me because “they” were raising the overall market price for this particular series as well as making someone pay more than they might if “they” hadn’t bid. Someone could have actually gotten a cel at a cheaper price. The collector’s only justification was that it has happened to “them” and that it helped the seller.
This is beyond ridiculous and shouldn’t happen. What this collector is doing is ruining the pricing for the rest of us. I am so mad that this is happening that I thought it appropriate to inform the community. Thank you.