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United States/Stamps : Gotta love this listing for a 356!

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larsdog
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APS #220693 ATA#57179
01 Dec 2014
05:21:20pm
Saw this on eBay:

http://www.ebay.ca/itm/us-356-pair-unused-light-hinge-great-item-/221622380535?ssPageName=ADME:SS:SS:US:1120

Looks good at first, but note the caveat buried in the listing:

Quote:

"please keep in mind the picture is not the exact stamp as you will receive, but it is very similar and in great condition."



Rolling On The Floor Laughing

Lars
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d1stamper
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01 Dec 2014
05:29:58pm
re: Gotta love this listing for a 356!

This person is in Canada. "Based in Canada, micha_marty has been an eBay member since Jun 17, 2014"

I know some who did a trade with him, but he never sent the stamps according to them.


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Stamps2Go.com/Listing.aspx?SellerID=d1stamper
michael78651
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SOR Auctioneer
01 Dec 2014
09:38:41pm
re: Gotta love this listing for a 356!

Three bids from people willing to plunk down over $400 on a stamp sight unseen. Well, based on what d1stamper says, they'll pay for a stamp that may remain unseen.

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Bobstamp
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01 Dec 2014
10:49:10pm
re: Gotta love this listing for a 356!

The seller does say that he will honour returns up to a year after purchase. But, yes, it is strange to sell a valuable stamp— or anything! — without showing a good image of it. I get emails from an auction house that provides images for perhaps 5% of their offerings, and there are many on-line sellers who offer lists of often-expensive material without providing or even offering images, not to mention some Stamporama sellers who don't even try to improve their images. I just don't get it.

Bob

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michael78651
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SOR Auctioneer
01 Dec 2014
11:30:04pm
re: Gotta love this listing for a 356!

As long as people are willing to pay for expensive stamps without an image or with just a bad image, these sellers will continue to operate like this.

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amsd
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Editor, Seal News; contributor, JuicyHeads
02 Dec 2014
11:15:19am
re: Gotta love this listing for a 356!

we had something similar happen here: that seller is no longer a member. Two different approaches to the same problem.

David, the steel-toed auctioneer

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Poodle_Mum
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02 Dec 2014
01:22:48pm
re: Gotta love this listing for a 356!

Sold for $714.99.

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amsd
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Editor, Seal News; contributor, JuicyHeads
02 Dec 2014
02:20:15pm
re: Gotta love this listing for a 356!

utterly amazing. $700 for unseen stamp and guy with 40 sales. Hmmmmmm.

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larsdog
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APS #220693 ATA#57179
02 Dec 2014
04:02:14pm
re: Gotta love this listing for a 356!

I just don't know what to say. This is just absolutely amazing!

Lars

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Poodle_Mum
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02 Dec 2014
04:23:21pm
re: Gotta love this listing for a 356!

If *I* were to spend $700 on a stamp, it would have to be the one that I was bidding on and I'd want to have the seller send me extra pics if there was only one on the listing. Most sellers that would sell high value stamps that are honest, include several pics online plus offer to send more detailed ones - particularly if they mention there is a "small thin" or something and they will happily send the scans enlarged to show the thins. I also would never pay $700 for a stamp from someone who didn't have a stellar feedback and see samples of his previous sales. Not that I'd spend that much money on a stamp, but just sayin'.

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michael78651
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SOR Auctioneer
02 Dec 2014
09:46:06pm
re: Gotta love this listing for a 356!

Any high dollar Washington/Franklin like that also needs a certificate.

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larsdog
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APS #220693 ATA#57179
02 Dec 2014
10:12:25pm
re: Gotta love this listing for a 356!

Quote:

"Any high dollar Washington/Franklin like that also needs a certificate."



No doubt! A single 356 with minor faults will go for over $1000 if it has a cert.

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Anglophile
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RPSL, APS, EPA; US, GB, Ireland, British Europe, Italy, Mauritius Classics
03 Dec 2014
01:15:03pm
re: Gotta love this listing for a 356!

I once had a friend who worked as a personal assistant to a wealthy California couple. Their net worth exceeded $1B. The wife loved couture fashion, and routinely ordered $50,000 in clothing from various designers per month. One month the orders exceeded $200,000. My friend's job was to open inbound cartons, prepare them on racks for test wearing in the home, package and return rejected garments, and maintain inventory and accounts. The wife simply did not want to go into boutiques to try things on, so she used this method. She kept on the order of $25,000 in clothes per month, and donated that amount to charity from the prior year as well. Some items were purchased, hung in closets, never worn, then returned after a year.

My point is that some people are simply not price sensitive. They are not dumb, or misinformed, or making mistakes; for them, there is just no big deal about paying $700 for a stamp. The number of wealthy people in the world has become vast, and $700 for a "similar" stamp may be just fine for many. Whether it ruins the market for the rest of us is another question. Perhaps the lesson of this thread is to read every word in the seller's "conditions of sale"; there are some amazing statements out there, certainly.

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yakimaboy
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03 Dec 2014
06:39:50pm
re: Gotta love this listing for a 356!

I see that all but 2 bids were by a seller with zero feedback. Could there have been a shill involved? Don't Tell Anyone

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larsdog
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APS #220693 ATA#57179
03 Dec 2014
11:04:20pm
re: Gotta love this listing for a 356!

Quote:

"I see that all but 2 bids were by a seller with zero feedback. Could there have been a shill involved? "



Certainly not! (To paraphrase Captain Renault from "Casablanca") "I'm SHOCKED, SHOCKED I tell you, to learn shill bidding is going on over at eBay!"

Where's the emoticon for indignation? Will this do? D'Oh

Lars Winking

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BobbyBarnhart
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They who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety. -Benjamin Franklin
03 Dec 2014
11:57:14pm
re: Gotta love this listing for a 356!

It appears to me that the guy with 0 feedback made just one bid. Since the bids attributed to him are increments of the minimum raise, then the presumption is that they were proxy bids in response to others trying to outbid him, one of whom eventually succeeded (the winning bidder). Until there is more evidence, I'll reserve judgment as to whether the seller is a scam artist and shill bidding boosted the final price.

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yakimaboy
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04 Dec 2014
01:01:28am
re: Gotta love this listing for a 356!

Quote:

"Until there is more evidence, I'll reserve judgment as to whether the seller is a scam artist and shill bidding boosted the final price. "



Bobby, you are a true gentleman.

regards, Theron.

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tomiseksj
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04 Dec 2014
09:17:02am
re: Gotta love this listing for a 356!

Quote:

"It appears to me that the guy with 0 feedback made just one bid."



He made 21 discrete bids on this item.

The only proxy (automatic) bids were entered on behalf of the other two bidders.

His 30-day bidding history indicates he made a total of 34 bids on 11 different items, all of which were listed by the same seller.

While this does not confirm that he was a shill bidder, it does cause one to wonder. Thinking

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BobbyBarnhart
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They who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety. -Benjamin Franklin
04 Dec 2014
10:00:28am
re: Gotta love this listing for a 356!

You are right, Steve. I was reading the screen wrong. I am still not willing to concede he was shilling for the seller based on that, though. Really doesn't even make me suspicious as this is exactly how I bid on an item I really want but do not wish to enter a large maximum bid. Also, when I find an item I like, I almost always click on the other items for that seller and very often enter bids on many of that seller's auctions. I just hope others do not think I am shilling based on my bidding pattern.

I attended a live auction back in 1984 with my father, who was very loyal to his friends. He also loved his Scotch. So in the midst of the auction, after far too many drinks, when his friend's Silver Bolin-made saddle came up for bids, he decided to help his friend out. The bidding started at $5k and rose in $1k increments. Well, to make a long story not so long, bidding reached $22k, and stopped. My father had misjudged the zeal of the other bidder and had purchased the, admittedly beautiful, but definitely out of his league, silver saddle. I later inherited what became known in the family as "Barnhart's folly." I still have that saddle and a first hand understanding and intense dislike for shill bidding.Big Grin

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