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Joined: Oct 2013
Posts: 50
Active Member
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Active Member
Joined: Oct 2013
Posts: 50 |
@ Lastgas15
I do not employ nor condone shill bidding, I just stated it has been around as long as auctions have. We conduct reserve bid auctions through our auction company and tell our consigners that they are not allowed to bid on their items.
If you have further questions about my auction ethics feel free to call me 765-918-2083 Eric.
What ever happened to the good ol' days?
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Joined: Jan 2011
Posts: 337 Likes: 4
Petro Enthusiast
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Petro Enthusiast
Joined: Jan 2011
Posts: 337 Likes: 4 |
You said, "I am not seeing the issue here". Now, you don't condone shill bidding, Which one is it??? Hmmmm???
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Joined: Oct 2013
Posts: 50
Active Member
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Active Member
Joined: Oct 2013
Posts: 50 |
"I am not seeing the issue here" I was talking about the item in which this post was written about.
What ever happened to the good ol' days?
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Joined: Mar 2002
Posts: 6,772 Likes: 1
Veteran Member
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Veteran Member
Joined: Mar 2002
Posts: 6,772 Likes: 1 |
@ Lastgas15
I do not employ nor condone shill bidding, I just stated it has been around as long as auctions have. We conduct reserve bid auctions through our auction company and tell our consigners that they are not allowed to bid on their items.
If you have further questions about my auction ethics feel free to call me 765-918-2083 Eric. I don't have any questions about your ethics.
Wanted: Gas pump globes:Sinclair & affiliates, IL companies. Ripple bodies. Anything Sinclair, Stoll, Pierce, 4 Bros. http://www.lastgas15.com/
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Joined: Apr 2008
Posts: 725
Petro Enthusiast
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OP
Petro Enthusiast
Joined: Apr 2008
Posts: 725 |
(I don't have any questions about your ethics.)
I'm with Bob, You already told us.
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Joined: Nov 2000
Posts: 5,104 Likes: 20
Veteran Member
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Veteran Member
Joined: Nov 2000
Posts: 5,104 Likes: 20 |
Auctioneers that run items up or have someone shill biding is plain wrong and i won't participate in there auction.
Looking for anything from Hoosier Pete, Platolene 500 and Red Bird.
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Joined: Nov 2000
Posts: 5,104 Likes: 20
Veteran Member
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Veteran Member
Joined: Nov 2000
Posts: 5,104 Likes: 20 |
FYI: Saying they have been doing it for years is no excuse. They been making moonshine for years... still illegal.
Looking for anything from Hoosier Pete, Platolene 500 and Red Bird.
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Joined: May 2007
Posts: 458 Likes: 4
Petro Enthusiast
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Petro Enthusiast
Joined: May 2007
Posts: 458 Likes: 4 |
For all who think they know auction law, the UCC says that shilling bidding is illegal. Second all auction are with reserve unless the auction is advertised as "ABSOLUTE".
That is why Matthews Auctions used the this word in most of our advertising.
So if you go to either Peotone auctions this year and they dont use the term "absolute" in their advertising then you may be bidding against the owner of the item and it is legal.
Shilling bidding is when the auctioneer puts someone in the auction to bid on items in the auction, this is not the owner of the item.
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