05-23-2023, 08:47 AM
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Senior Club Cobra Member
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Join Date: Mar 2005
Location: Manchester,
NH
Cobra Make, Engine: AK1085 (302 Street), HTM111 (427 Comp), CSX2375R (289 Comp) and COB5999 (427 S/C)
Posts: 19,029
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Not Ranked
Quote:
Originally Posted by mrmustang
Well, I have a bit of history with a shill bidder and I going at a 1970 Boss 302 track car at a certain BJ auction......Back in the pre 2010 auction period, yet still televised, I'm bidding against someone in a side skybox, can't see who it is, but bidding was at no reserve........I bowed out, and find out I was bidding against one of the people who I watched clean the car with the seller several days earlier......Car was up on Ebay 6 weeks later, with the same owner/seller......So, while it does not happen often, it does happen...In fact, if you read the T's and C's of the auction, BJ reserves the right to bid the car up to the hidden reserve.....Yes, it's in black and white buried within the terms and conditions.......So again, while it does not happen often, to say it does not happen at all, even in todays day and age, is a bit naive......
Bill S.
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I too know of two cars that sold high (shill) and then friends bought the next day at a much reduced cost as they were the next bidder down.
Not sure its a scam, just creative selling on TV. |