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Old 05-01-2008, 05:39 PM
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Default Auction Lots Sold to Underbidders?

Posted By: Evan

I used to bid sometimes with American Memorabilia. I had bought a b&w hall of fame plaque postcard and the next morning received an invoice for three cards, the other two being cards I had bid on but were not even the last underbidder for. When I called I was told by Miss K that the buyer was not going to honor the bids. When I thought about it, it became obvious that the bids were "questionable" (shilled). I called two fellow collectors and wonder of wonders they had the same situation. I offered to buy the cards for 75 cents on the dollar and picked up one of them. My friend purchased one the same way. Neeedless to say I am not bidding with them anymore. In 8 years and over 1000 auction purchases this was the only time I was contacted as a underbidder

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