My 1965 A Code Coupe on eBay *UPDATE! SOLD!!*
5th Gear Member
Joined: Aug 2007
Posts: 2,035
From: Delaware(US) & Nova Scotia(Canada)
RE: My 1965 A Code Coupe on eBay
Sweet! Now just hope that whomever wins it in the end actually pays you! I know people who have listed the same car 3 and 4 times only to have the "winner" backout after seeing it, never showing up or simply never get back to you.
2nd Gear Member
Joined: Dec 2005
Posts: 499
From:
RE: My 1965 A Code Coupe on eBay *UPDATE! RESERVE MET!!*
You are absolutely right about the fake bidder being illegal. It's called " shill bidding " and it is usually a crime. For example if you are offering an item without reserve only to have a buddy bid on it like this, both of you are prosecutable under most state statutes. If on the other hand you have someone " run the bid " up to the reserve, but not beyond, it is very unlikely that you would be prosecuted.
The bottom line is that it's unethical, sometimes illegal and always just really bad business. As a professional auctioneer I like to play it straight always. Then you don't have to worry about being prosecuted or worse yet, sued.
JMHO, Dean
The bottom line is that it's unethical, sometimes illegal and always just really bad business. As a professional auctioneer I like to play it straight always. Then you don't have to worry about being prosecuted or worse yet, sued.
JMHO, Dean
Thread Starter
2nd Gear Member
Joined: Mar 2006
Posts: 466
From: Minnesota
RE: My 1965 A Code Coupe on eBay *UPDATE! RESERVE MET!!*
ORIGINAL: honeygoldcoupe
It jumped $1500 on one bid? You can let the cat out of the bag now. Was the reserve 9 or 10?
It jumped $1500 on one bid? You can let the cat out of the bag now. Was the reserve 9 or 10?
I also posted it on the ebay auction for everyone to see. It was about a half hour later that guy bid 10k. Apparently he wants it... regardless... I'm mucho happy it at least hit that.
I AM however hoping that the flurry the last 2 minutes or whatever will hit and it will go a little above the 10k... I'd love to see 12+
Thread Starter
2nd Gear Member
Joined: Mar 2006
Posts: 466
From: Minnesota
RE: My 1965 A Code Coupe on eBay *UPDATE! RESERVE MET!!*
ORIGINAL: RSRXION
You are absolutely right about the fake bidder being illegal. It's called " shill bidding " and it is usually a crime. For example if you are offering an item without reserve only to have a buddy bid on it like this, both of you are prosecutable under most state statutes. If on the other hand you have someone " run the bid " up to the reserve, but not beyond, it is very unlikely that you would be prosecuted.
The bottom line is that it's unethical, sometimes illegal and always just really bad business. As a professional auctioneer I like to play it straight always. Then you don't have to worry about being prosecuted or worse yet, sued.
JMHO, Dean
You are absolutely right about the fake bidder being illegal. It's called " shill bidding " and it is usually a crime. For example if you are offering an item without reserve only to have a buddy bid on it like this, both of you are prosecutable under most state statutes. If on the other hand you have someone " run the bid " up to the reserve, but not beyond, it is very unlikely that you would be prosecuted.
The bottom line is that it's unethical, sometimes illegal and always just really bad business. As a professional auctioneer I like to play it straight always. Then you don't have to worry about being prosecuted or worse yet, sued.
JMHO, Dean