Re: [CR] Is this Japanese collector getting screwed?IDEALE

(Example: Framebuilders:Alex Singer)

Date: Sat, 17 Mar 2001 20:32:14 -0800
From: "Kenneth Stagg" <>
To: classics <>
Subject: Re: [CR] Is this Japanese collector getting screwed?IDEALE
References: <> wrote:
> All,
> Ebay auction #1122420477 is for an NOS Ideale 90 saddle. The bid
> history shows four bids; my initial bid of $75.00 and only three other bids
> -- all by Ichiy. My bid did not contain any proxy amount, it was a flat
> $75.00. Mine was the first bid and all subsequent bids were by Ichiy. There
> was no 'buy it now' provision, indeed the auction is ongoing. There are no
> other bidders listed except Ichiy and Masigc3v (me). Can any explain to me
> how (or why) Ichiy could bid himself up?


Did your bid meet the reserve? I doubt it. Any time that there is an unmet reserve you are also bidding against the current owner (the reserve is his proxy bid.) That's why I never bid when there is an unmet reserve.