Quote:
Originally Posted by botn
And if Heritage, with the consignors' permission, had not disclosed the size of the find and not graded all the cards at once, there would have been a thread attacking them for fraud and misrepresentation. Seems like Heritage should have just told the consignors to take their crumby cards elsewhere. Boy, an auction house cannot win with Jeff around.  Now cards cards selling for "too little" is a problem. YIKES!!!
I also do not think the printed estimates for the 3 lots totaled 1 million. Don't have the catalog any longer. I recall the Wagner stated 200K and up. That said I thought the cards would sell for more, not that they underperformed. The E98s were not the only items which did not command top dollar last night. |
As I said, as long as a material misrepresentation wasn't made Heritage would be fine. This is more of a sales strategy issue than an ethical one obviously. And I agree the auction as a whole didn't do well. I suspect the same of Legendary's auction.