Archived posting to the Leica Users Group, 1999/06/17

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Subject: RE: [Leica]Manipulating the price on eBay(was Weird price on eBay for 50/1.4)
From: "Andrew S Jordan" <andrewsjordan@worldnet.att.net>
Date: Thu, 17 Jun 1999 15:28:00 -0400
 
>    Someone got suckered into outbidding a dealer who was raising the price
> beyond its fair market value. Note the times of the bids.  The winning
> bidder had a reserve price that exceeded that of the dealer who bumped up
> the price.  You have to watch how you bid on eBay, or you will get burned
> badly.
>
>
>
>
>  _
> [o] -GH
Geeorge: Playing outbidding games at auctions must have been going on fot
centuries. Is it possible that a "seller" and "dealer" work in tandem to
sell for an outrageous price to a "buyer" caught up in the collector frenzy?

regards, Andrew Jordan(who never played on eBay but wishes to have bought
their stock at IPO time)