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Someone on Evilbay is desperate!!!!!

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Someone on Evilbay is desperate!!!!!
#1mickeyfreak

#1mickeyfreak

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So I've been watching this jumbo pin(Pin 48255: WDW - Four Park Super Jumbo Pin Collection (Magic Kingdom)) on "the bay" and last night before i go bed nothing had changed on the bid. It was at like $65 I think. I wake up this morning, and the pin is up to 434.99!!!!!!!! Seriously???? And I thought $499 was nuts for that one Tangled PODM. And I have actually seen this pin go for less than its retail before. Would anyone else pay this much for this pin?
 
I think it's a way to drive UP the price of pins. You list it for sale, as your best friend, I bid $400 for the pin and then pay you and you give me the money back. The pin never changes hands and now you have a pin "worth" $400+. It's all about money.
 
swim2sea said:
I think it's a way to drive UP the price of pins. You list it for sale, as your best friend, I bid $400 for the pin and then pay you and you give me the money back. The pin never changes hands and now you have a pin "worth" $400+. It's all about money.
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You are probably 100% right. I would never even think of doing something so underhanded and sneaky like that. Makes me sick to my stomach that people would even do that to try and rip others off.
 
The pin is really really cool we have it, but we bought it new at WDW.
as to people messing with prices on the Evilbay I have seen people running up prices when they want to see just where it will go, some of those get cancelled or taken down later in the listing. Also remember auction sales pit people against each other and have the ability to make people make very bad decisions on spending. Look at the Quibids and penny auction sites,, you forget in a bidding war that every click costs you 50 or so cents win or loose.
 
Contrary to what someone else said in another thread, there are a lot of stupid people on eBay. The possible scenarios are:

1). It is a legitimate bidding war between two people who don't know what they are doing and obviously can't search eBay to see that the very same pin is sitting there right now for BIN $109.

2). The seller is playing games in order to try and drive prices up in hopes of suckering someone in. Even if bids are canceled in order to avoid fees, it still seems like a lot of work to go through again, because there is a BIN out there. Also seems pretty stupid.

3). Someone not associated with the seller is trying to drive prices up and just won't pay if they win. This one is unfortunate because it causes a pain for the seller when they had nothing to do with it. And still, stupid.
 
I think this is 2 people in a bidding war trying to see who has the bigger...............ummmm....................Ego! Yeah thats right, Ego! The seller is legit. I have gotten a couple pins from them, one is a mickey jumbo LE 750, and i got it pretty cheap. Now i just saw 2 other, one with a start price of 85, no bids and another 350 buy it now. Sorry its a great pin, but can't justify paying that much for it.
 
The only problem with this is that you do pay eBay a fee for selling the product which is $36 excluding shipping and other small fees.

swim2sea said:
I think it's a way to drive UP the price of pins. You list it for sale, as your best friend, I bid $400 for the pin and then pay you and you give me the money back. The pin never changes hands and now you have a pin "worth" $400+. It's all about money.
Click to expand...
 
swim2sea said:
I think it's a way to drive UP the price of pins. You list it for sale, as your best friend, I bid $400 for the pin and then pay you and you give me the money back. The pin never changes hands and now you have a pin "worth" $400+. It's all about money.
Click to expand...


In just the past 24 hours I've now seen two threads claiming that people use eBay to increase the value of a pin artificially and that people use eBay to devalue a pin artificially.

I don't believe either scenario happens. It just sounds like paranoia conspiracy thinking. I think erudolf has it correct. There are dishonest sellers who will artificially inflate the price of their own auction, but it has nothing to do with trying to make a pin more valuable than it is in the pin trading community. There are also idiot bidders (of which I've been one of) who get caught up in the competition of winning an auction and thus overpay on an auction.

But really, as a hobby community, can we please reign in the paranoia? Between unfounded worry over price fixing and scrappers, it's a wonder some people enjoy pin collecting at all.
 
nWoJeffDW said:
In just the past 24 hours I've now seen two threads claiming that people use eBay to increase the value of a pin artificially and that people use eBay to devalue a pin artificially.

I don't believe either scenario happens. It just sounds like paranoia conspiracy thinking. I think erudolf has it correct. There are dishonest sellers who will artificially inflate the price of their own auction, but it has nothing to do with trying to make a pin more valuable than it is in the pin trading community. There are also idiot bidders (of which I've been one of) who get caught up in the competition of winning an auction and thus overpay on an auction.

But really, as a hobby community, can we please reign in the paranoia? Between unfounded worry over price fixing and scrappers, it's a wonder some people enjoy pin collecting at all.
Click to expand...

Sorry, but as someone who has used eBay since the early 1997 I can tell you there is way more shill bidding that you might believe. I don't believe in conspiracy theories, nor do I have paranoia, but based by statement of facts. I actually know several people in the antiques market who practice shill bidding all the time to inflate the price of what they are selling. And you are correct - there are dishonest sellers, just like there are dishonest bidders and buyers. Idiot bidders typically tend to have fewer than 100 feedback and you know they are new and have a higher probability of getting out of control. It's easy to check and see what type of bidders you are up against, it just takes effort.
 
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