Editorial:
eBay & Blue Mountain Pottery
For the
past number of months, two particular eBay users have been
creating some unusual bid history results on Blue Mountain
Pottery. Since this is a rather thinly traded market
to begin with, any aberration quickly stands out. The two
players do use various ID's, so a scorecard may be necessary
for your complete enjoyment of the game. In the near
future, we will add a near-complete list of eBay ID's for
each of the two players in question. (Thanks again
to all the various eBay sellers and other users who are
contributing to this list).
The basic
scenario is that the two players involved, we'll just call
them B and L for clarity, bid at simultaneous times, with
16, 19, 21, etc. seconds remaining in the available bid
time. The suggestion of sniping is
somewhat negated since no serious sniper bids earlier than
4 or 5 seconds early - certainly not 16 or 21 seconds early. The
mere coordination of the simultaneous 'snipe' times in
itself gives the impression of collusion, and the end results
often suggest bid price manipulation, tauting a potential
third bidder, shilling, and even creating a false idea
of market place Blue Mountain Pottery prices.
In an
auction format, any auction format, the slightest
hint of bid rigging can have a chilling effect on buyers
- especially in such a thinly traded narrow market such
as Blue Mountain Pottery.
Update:
2/1/2008
Since writing
this editorial a few days ago, we have heard in email from
two eBay users who apparently think they are the two particular
eBay users in question. Veiled and not so veiled threats
have been written - one even mentions the S word, sue.
Various *explanations* have been passed along through 3rd
parties - none of which appear to hold water.
We stand by all of the above comments in the original editorial, and
plan to follow through as mentioned.