| Joined: | Mon Apr 2nd, 2012 |
| Location: | South Lakeland, UK |
| Posts: | 4066 |
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It is against ebay policy to bid on your own item but I know that individuals and dealers do bid up their items.
Of course they do, all part of the process, firstly to garner interest, secondly to ensure that the final bidder pays a decent price. The final price is down to the final bidders decision. Not just on eBay, it happens at real auctions, it's called shill bidding.
I have seen some amazing battles at real auctions where two bidders with deep pockets are determined to win at any cost. It can and does go sky high. I and many others with gaping mouths watched two rag-bag farmers fighting over a very old, very rusty sawbench for cutting logs, the type which mounts on the back of a tractor. It was little more than scrap, maybe worth £50? when they got to £2500 the auctioneer called a pause for breath, reminding the bidders the winner would have to pay the highest bid, the atmosphere was electric. Eventually it went well over £3000. Absolutely crazy, everyone was aghast. I guess there was a story behind it.
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Robert.