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<p>[QUOTE=&quot;MarcusAntonius, post: 7615230, member: 119121&quot;]Just had some interesting wins with Leu Numismatik. Had to drop out on the entire Imperatorial theme though, the balance between quality/rarity and value seemed to have gone completely in this section. None of my wins were snipes, the Cleopatra VII which I won (last week thread) was acquired by some serious arm wrestling. Enjoy the game and challenge of outbidding any other collector fair.</p><p><br /></p><p>Shill bidding is a serious accusation, it&#039;s foul play. Some facts: auction houses do not screen the customers thoroughly (time pressure). They can slip through and create &#039;ghost bid accounts&#039; and with those are they able to drive up prices of some lots belonging to friends/family/associates. If in that process it happens that the &#039;ghost bidder&#039; overplays the hand it will end up in a won lot. Each time it happens will the won amount be deducted from the ghost bidders credit and like this will its role be played out and its difficult for &#039;high end&#039; coins. The reason is simple, the initial credit on the new account is often insufficient to drive up the prices of the high demanded pieces. Nevertheless can they cause to drive up prices in the low range/mid range.</p><p><br /></p><p>When the auction house does send the final invoice will this lead to a unpaid invoice, the lot remains unsold and can be auctioned.</p><p><br /></p><p>If a auction house does sell their own stock out of their vault and have some associates creating shill bid accounts to boost up the prices would this be a serious offense![/QUOTE]</p><p><br /></p>

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