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Post by calzephyr on Oct 26, 2015 11:10:43 GMT -8
I noticed this on TO today and wondered if this is true!!!! I deleted the names and story, but if this is true, there is money out there for almost any thing. Larry
Model Railroading > Genesis SP F7A goes for $1010 on eBay - YIKES! Date: 10/26/15 08:56 Genesis SP F7A goes for $1010 on eBay - YIKES!
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Post by kentuckysouthernrwy on Oct 26, 2015 13:07:41 GMT -8
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Post by Great-Northern-Willmar Div on Oct 26, 2015 15:00:03 GMT -8
The buyer has made bids on 14 items currently and 33% are with this particular seller.
Draw your own conclusions or ponder for awhile.....
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Post by atsfan on Oct 26, 2015 15:03:15 GMT -8
Something fishy with this one...........
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Post by calzephyr on Oct 26, 2015 15:19:10 GMT -8
Something fishy with this one........... Yes, I have to agree the deal does not sound correct. Maybe the model came with a $900 rebate!!! Larry
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Post by bnsf971 on Oct 26, 2015 17:47:39 GMT -8
That doesn't make sense, because Ebay charges their fees based on, among other things, final selling price. If I was shilling, or selling to myself to drive up my positive feedback rating, I'd be selling for $50, not a grand, per item.
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Post by Great-Northern-Willmar Div on Oct 26, 2015 19:03:03 GMT -8
That doesn't make sense, because Ebay charges their fees based on, among other things, final selling price. If I was shilling, or selling to myself to drive up my positive feedback rating, I'd be selling for $50, not a grand, per item. A way around that is for both the buyer and seller to agree NOT to complete the transaction. The auction is effectively cancelled and there are no final value fees. There are still a lot of ways to play the e-Bay system.
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Post by llxlocomotives on Oct 26, 2015 19:58:36 GMT -8
The question is how many times does this winner come in second on a higher than usual outcome?
I have wondered this myself in the past. I know eBay does keep track of that, but if the buyer does win a few, how do they really know if it is any more than over exuberant uninformed bidders? This one sounds outrageous, but there must have been multiple bidders involved, so at least two crazy bidders were involved.
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Post by emd16645 on Oct 27, 2015 4:58:03 GMT -8
I wouldn't think eBay truly cares unless there are complaints. Higher sale price, more fees for them (10-13%, depending on PayPal use).
I always wonder with these sort of auctions, are the people involved working the system, or are they just stupid?
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Post by Great-Northern-Willmar Div on Oct 27, 2015 5:10:13 GMT -8
The question is how many times does this winner come in second on a higher than usual outcome? I have wondered this myself in the past. I know eBay does keep track of that, but if the buyer does win a few, how do they really know if it is any more than over exuberant uninformed bidders? This one sounds outrageous, but there must have been multiple bidders involved, so at least two crazy bidders were involved. Bidding history Bidder Click here to know more about anonymous user IDs Bid Amount Bid Time a***c ( 475Feedback score is 100 to 499) US $1,009.99 Oct-24-15 14:09:17 PDT n***e ( 892Feedback score is 500 to 999) US $999.99 Oct-24-15 14:10:36 PDT l***e ( 339Feedback score is 100 to 499) US $167.77 Oct-24-15 14:10:30 PDT l***e ( 339Feedback score is 100 to 499) US $147.77 Oct-24-15 14:09:36 PDT a***c ( 475Feedback score is 100 to 499) US $136.01 Oct-24-15 09:51:39 PDT a***c ( 475Feedback score is 100 to 499) US $100.01 Oct-23-15 16:33:12 PDT l***e ( 339Feedback score is 100 to 499) US $89.00 Oct-24-15 12:41:02 PDT d***s ( 156Feedback score is 100 to 499) US $86.54 Oct-22-15 00:05:21 PDT a***c ( 475Feedback score is 100 to 499) US $85.01 Oct-21-15 20:57:18 PDT d***s ( 156Feedback score is 100 to 499) US $81.87 Oct-22-15 00:04:58 PDT d***s ( 156Feedback score is 100 to 499) US $78.99 Oct-22-15 00:04:40 PDT d***s ( 156Feedback score is 100 to 499) US $75.45 Oct-22-15 00:04:01 PDT d***s ( 156Feedback score is 100 to 499) US $70.25 Oct-20-15 21:06:18 PDT r***r ( 156Feedback score is 100 to 499) US $58.00 Oct-20-15 21:07:38 PDT r***r ( 156Feedback score is 100 to 499) US $49.00 Oct-18-15 14:49:28 PDT b***n ( 1002Feedback score is 1000 to 4,999) US $41.00 Oct-18-15 05:10:01 PDT 7***9 ( 1116Feedback score is 1000 to 4,999) US $37.00 Oct-17-15 19:32:44 PDT o***o ( 767Feedback score is 500 to 999) US $35.00 Oct-17-15 20:24:49 PDT r***s ( 2704Feedback score is 1000 to 4,999) US $33.00 Oct-17-15 17:51:33 PDT Starting Price US $25.00 Oct-17-15 14:10:38 PDT
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Post by kentuckysouthernrwy on Oct 27, 2015 5:28:26 GMT -8
eBay did have a sell 5 items for no fees promotion at about the time that item was listed.
That history sure is interesting, Jim. Lots of that 'mystery' bidding that goes on I'm sure. I've been to real time auctions, one in particular that the auctioneer was seemingly taking bids from ghosts in the building as I didn't see anyone bidding where he was pointing. After about 10 minutes of seeing that on several items running prices up that I left and never returned to any sales he held again.
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Post by calzephyr on Oct 27, 2015 5:31:08 GMT -8
That doesn't make sense, because Ebay charges their fees based on, among other things, final selling price. If I was shilling, or selling to myself to drive up my positive feedback rating, I'd be selling for $50, not a grand, per item. A way around that is for both the buyer and seller to agree NOT to complete the transaction. The auction is effectively cancelled and there are no final value fees. There are still a lot of ways to play the e-Bay system. Is there any way of finding out if this transaction was completed or was it cancelled??? Larry
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Post by calzephyr on Oct 27, 2015 5:39:38 GMT -8
eBay did have a sell 5 items for no fees promotion at about the time that item was listed. That history sure is interesting, Jim. Lots of that 'mystery' bidding that goes on I'm sure. I've been to real time auctions, one in particular that the auctioneer was seemingly taking bids from ghosts in the building as I didn't see anyone bidding where he was pointing. After about 10 minutes of seeing that on several items running prices up that I left and never returned to any sales he held again. We attended a so called estate auction in Southern California many years ago and purchased some small items. On the second or third occasion of visiting the auction, which turned out to be a monthly auction, we started to bid on a much larger item and every time we bid, a lady in the back upper the ante. I got the impression that this was fixed and stopped my bid. After it was over, we were approached to buy the item since the lady had left quickly and not picked the item up. That did not work on us since we had noticed her there on a previous auction. It was a set up for sure. Larry
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Post by milgentrains on Oct 27, 2015 12:22:13 GMT -8
Doing a seller search for the completed auctions for eficker brought up a lot of Athearn auctions, some at good prices. The A&B SP set went for $316.00.
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Post by calzephyr on Oct 27, 2015 13:35:58 GMT -8
Doing a seller search for the completed auctions for eficker brought up a lot of Athearn auctions, some at good prices. The A&B SP set went for $316.00. That sounds about right for two units. Were they Genesis and did they have sound?? Larry
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Post by theengineshed on Oct 27, 2015 15:29:09 GMT -8
Back before ebay hid the bidders' IDs, I came across an obvious case of shill bidding on railroad slides. The seller, who is a well known railroad photographer, was selling Kodachromes. The same group of 2-3 other ID's were bidding up his slides, and they only bid on his stuff, and when they won, the items were being relisted. I documented all this and sent it to ebay. They investigated, sent me a thank you, and said they couldn't disclose the outcome of the investigation. All the sellers auctions were cancelled that day however.
Two weeks later he started listing again, as the same seller ID. The only conclusion I could draw from this was that the penalty for shill bidding was a 2 week suspension. It didn't appear that the seller engaged in this sort of activity again, at least not under the reported seller's ID. The same individual had several seller IDs though...
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Post by llxlocomotives on Oct 28, 2015 5:26:11 GMT -8
Some very interesting final bids on this item. When the last guy made his bid, the bid level was around $170. High, yes. But would next bid be $1000+. Very interesting.
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Post by alcoc430 on Oct 28, 2015 10:56:39 GMT -8
nothing suspicious just stupid bidding habits. It looks like Bidder a***c was outbid a couple of times so he put his >$ 1000 bid in at Oct-24-15 14:09:17 PDT to beat the current high bidder l***e US $89.00 Oct-24-15 12:41:02 PDT. He probably really wanted it and did not want to keep coming back to make sure he was the high bidder, so he put in what IMHO he thought was an unimaginable number. (Who knows what bidder a***c top price was it may of been $9999.99 for all we know) Bidder n***e bid at 2 seconds left and did not have time to bid again if he was outbid so did the same thing and bid some high number (999.99) that is easy to type. that's why the price jumped from $167 to 1099. Its not a case of two guys nickel and diming each other up to $1099.
I seen this type of bidding habit before with similar outcomes. not sure what price to bid but don't want to lose by a $1
The real question is: Will the winner pay. I doubt it
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Post by calzephyr on Oct 28, 2015 17:16:46 GMT -8
nothing suspicious just stupid bidding habits. It looks like Bidder a***c was outbid a couple of times so he put his >$ 1000 bid in at Oct-24-15 14:09:17 PDT to beat the current high bidder l***e US $89.00 Oct-24-15 12:41:02 PDT. He probably really wanted it and did not want to keep coming back to make sure he was the high bidder, so he put in what IMHO he thought was an unimaginable number. (Who knows what bidder a***c top price was it may of been $9999.99 for all we know) Bidder n***e bid at 2 seconds left and did not have time to bid again if he was outbid so did the same thing and bid some high number (999.99) that is easy to type. that's why the price jumped from $167 to 1099. Its not a case of two guys nickel and diming each other up to $1099. I seen this type of bidding habit before with similar outcomes. not sure what price to bid but don't want to lose by a $1 The real question is: Will the winner pay. I doubt it In the past bidding, if I really wanted an item but wanted it for a decent price, I would bid my price plus a hundred dollars at the 15 to 30 seconds before the time ran out. That way, I know the general price range and my bid plus 100 gave me an edge unless the other person bidding had a larger top price. If I got it, fine and if I got outbid, the other people paid a normal price for the item plus my bid of 100 extra. I won several brass models that way and I lost some also that I did not need. I normally only bid on items that dealers were listing. Larry
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Post by kentuckysouthernrwy on Oct 28, 2015 18:29:40 GMT -8
Some folks use "sniper" programs that are programmed to shoot in the user's bid at the last possible second.
I don't use such a program nor do I play the last minute race to outbid someone else. I determine the maximum I'll be willing to pay and let the chips fall as they may. Much less blood pressure issues.
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Post by jonklein611 on Oct 29, 2015 2:24:09 GMT -8
Some folks use "sniper" programs that are programmed to shoot in the user's bid at the last possible second. I don't use such a program nor do I play the last minute race to outbid someone else. I determine the maximum I'll be willing to pay and let the chips fall as they may. Much less blood pressure issues. I go one step further. I check the "buy it now" box when searching. Much much easier that way.
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Post by valenciajim on Oct 29, 2015 3:14:52 GMT -8
alcoc430--it has been nearly ten years since I bid on eBay, but I think your analysis is spot on. I doubt that either bidder expected to be pushed to the max and the penultimate bidder may have used a sniping service.
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Post by mlehman on Oct 29, 2015 7:03:02 GMT -8
Model Railroading > Genesis SP F7A goes for $1010 on eBay
That headline is just wrong.
It's not "model railroading" when you spend that much to buy something you could paint yourself for far less dough.
It's collecting.
Not to diss on collecting, just that spending $1000 on a $200 model is not the way most of us would equip a layout. You only spend that much if you're somehow wanting to fill a collection -- and have the deep pockets to do it like that.
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Post by emd16645 on Oct 29, 2015 7:59:50 GMT -8
I just wish I had bidders like this when I sold on eBay....
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Post by valenciajim on Oct 29, 2015 16:11:38 GMT -8
Chris--amen to that.
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Post by Deleted on Oct 29, 2015 18:19:37 GMT -8
Believe it or not, there are some who treat bidding as a competition and when they are outbid they get furious about it. It becomes a pissing match between 2 or 3 people. I've seen this type of thing happen in other hobbies. Some people just can't accept losing, even on small things like ebay bids. Some will pay, some won't, but that's just the nature of the game I guess. I think I looked at the sellers history a couple days ago and he had sold similar items for over 1,000 dollars. It could all be a scam too I guess.
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