Quote:
Originally Posted by Rhotchkiss
Thank you Chris for the explanation. I love the cards that Heritage sells and I spend a good deal of money with Heritage annually. So, I ask these questions not out of antagonism or spite, but as a customer who wants to truly understand the rules. Here is Rule 21, as you quote it:
"The Auctioneer, its affiliates, or their employees consign items to be sold in the Auction, and may bid on those lots or any other lots. Auctioneer or affiliates expressly reserve the right to modify any such bids at any time prior to the hammer based upon data made known to the Auctioneer or its affiliates. The Auctioneer may extend advances, guarantees, or loans to certain consignors."
A few questions:
1. Why can the Auctioneer, its affiliates or their employees bid on the lots that they consign? What would be the reason for someone bidding on their own lot, other than to shill? Indeed, if they truly wanted to buy it, they never would have consigned it.....
2. If I consign, can I bid on my own lots, assuming that I intend to pay the full hammer and BP if I win my own lot? If not, then why can he Auctioneer, its affiliates or their employees do so?
3. Are we allowed to modify our bids prior to hammer based on info that we find out? If not, than why is Auctioneer and its affiliates allowed to?
Seems that Auctioneer (and sometimes the employees), in its/their capacity as buyers, are given certain advantages that other buyers are not afforded, no? If I am wrong here, please explain.
Again, I love Heritage and I am customer, and plan on being one for a longtime. But I think these are legitimate questions, and some of the items that give board members heartburn.
|
Quote:
Originally Posted by Leon
As someone who gets flamed for being a little bit in the spotlight I don't blame Chris (or anyone) one bit for speaking their piece and not coming back. Darren Hughes comments above just about make me want to puke. The WOW, oh wow...kind of crap is internet mob mentality 101. If Chris wanted to come back, after that kind of crap being said, I would recommend he not do it. There is no need to answer that kind of juvenile drivel.
I had a long talk with Chris about Rule 21 when I consigned my whole collection to them. While I don't think AH's should generally bid in their own auctions I trust Heritage and that is why I went with them (and they have supported our forum from day 1). A few comments from the peanut gallery is background noise to Heritage's dominance in our field. They are dominant because they are good and people trust them, me included.
|
Seriously?? I think every question, like those above your post, are valid questions that need to be answered.
Unlike you, not everyone has had a long talk with Chris, hence the reasons for the questions.
Instead of flaming those that have those valid questions, why not alleviate those concerns with what you have learned personally from Chris?
Personally, I think it's a joke, like a lot of things in this hobby, that they are allowed to bid on their own auctions. Like the current card doctoring/trimming scandal, this also needs to be cleaned up for the health of the hobby.