dsio
··Ash @ ΩFThat second part is already in a lot of threads, most people that collect watches know about it as is.
(Worked at a airport for several years) Some of the bigger companies like Rolex ( in the USA and Australia) pay a fee for customs to enforce their rules. Customs are only to happy for a bit of extra funding....
The only ones being paid here are Rolex's attorneys who continually win cases against grey market importers. Omega tried this a few years ago with only a partial victory. Most other companies don't bother.
I don't think it's right to imply that our customs officers are "on the take".
I can't comment on Australia Customs.
gatorcpa
That second part is already in a lot of threads, most people that collect watches know about it as is.
Why bother with a shill? Why not just set a reserve or list as buy it now with offer?
Is it the fact that a genuine bidder may increase their bid if they think another person is willing to pay slightly more than they are? Then if two buyers go at it, the seller might get lucky and achieve more than they actually wanted or is there another reason?
Perhaps I'm missing something but I don't see the significant benefit of using shill bidding over simply setting a reserve v
Perhaps I'm missing something but I don't see the significant benefit of using shill bidding over simply setting a reserve v
Well, I certainly don't want to ruin things for CF-ken here, but when I posted this I didn't know he was a member. If had known that I might have sent him a private message first.
i'm almost afraid to send him a private message now that this has blown up.
If I recall it did look at the for-sale that was posted here for $1750 before the auction was close to ending. And then instead of the auction ending at $1285 with me as the winner I kept trying to outbid the shill bidder until I hit the $1750 and quit. I kept thinking every time I added $25 to my bid that this has got to end any second now.
I did not realize at the time that the two watches were the same one. I probably could have sent him a private message here and sweet talked him down a couple hundred dollars, but I tried my luck with the auction instead.
My watchmaker still says it's worth $1500 serviced, but every time I lose an auction for a 1962 watch the devil on my left shoulder tells me maybe I need to send him a message, apologize, and just buy the darn thing. But the angel on my right shoulder tells me, "no".