|
|
#1
|
||||
|
||||
My hunch is they used house accounts to bid up lots to hidden reserves agreed to with consignors. Im sure that was common practice for Mastro and its employees was to give false promises or kickbacks to land high end consignments back in the day. Consignors I imagine, did not read the fine print or terms and conditions with the auction and took them for their word since they sell millions each year.
Back when Mastro was was the premire auction company, reserves were rarely seen or advertised. It was not "industry standards" As few auction companies just started out lots at higher amounts. Mastro liked to start out lots lower letting the "market set the price". I have won probally more than 100 lots between both Mastro and Legendary. I can only imagine who the under bidder was on all my lots won. I would think that former Mastro/Legendary consignors would be upset if they were told one thing and then it played out differently. Another form of fraud thats never discussed. I imagine that contracts disapeared too along with the bidding history is my guess. I will end this with a silver lining that no matter what I won, that chances are very good that my investment has risen in value. Look at how well the card market as a whole has done over the last 15 years. Im sure Ive been bumped or pushed higher by auctions houses, and it stinks to think about it... But, I was still willing to Bid the winning amount and when the card(s) came in, I was glad I did. Letter will be written soon even though my story has been told. |
#2
|
||||
|
||||
Lichtman....party of one.....now seating......
|
#3
|
||||
|
||||
Quote:
Check me if I'm wrong, but "Hit it again?" was a question directly asked to YOU was it not? Is this letter going to be a positive one?
__________________
Looking for Nebraska Indians memorabilia, photos and postcards |
#4
|
||||
|
||||
This post was with the bidder hat on.
__________________
My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt. |
#5
|
||||
|
||||
Most likely it was Doug trying to get the consigner to take less money than what the agreed upon reserve was!!! Mastro only got paid when stuff sold. Maybe the consigner said NO WAY and the card was returned to him. |
#6
|
||||
|
||||
"Most likely"??? Do you have insider info?
__________________
Looking for Nebraska Indians memorabilia, photos and postcards |
#7
|
||||
|
||||
I might have phrased it
don't you have inside information?
|
#8
|
||||
|
||||
Strange post by JC, indeed. Most peculiar, mama.
__________________
My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt. Last edited by Peter_Spaeth; 07-12-2015 at 08:20 AM. |
#9
|
||||
|
||||
According to the government, the indictment and Mastro, JC was a co-conspirator. Technically, I suppose he could also have been a victim on items he bid on. That being said, a letter from JC to the court about Mastro will probably be met with ridicule or stunned silence. Which is why so many hobby leaders and Net 54 senior members are silent when discussions of Mastro's fraud arise. A misspelled word in a post, a discussion about a dinner -- that they'll chime in on. Mastro fraud? Nope, they need to sit that one out in order to not take the chance of their involvement being exposed.
__________________
http://www.flickr.com/photos/calvindog/sets |
#10
|
|||
|
|||
Quote:
|
#11
|
|||
|
|||
I'm just getting around to reading this thread. Disappointed and shocked not surprised by the justice system on this.
I could go on for hours about these guys Mastro, Allen etc. bottom line is they are crooks and con men. They may be like able crooks but still crooks. How pathetic to send gifts to key people. I would be insulted to get such a gift and I could never really enjoy it knowing it came at the expense of so many collectors. Let alone is nothing more than a shallow attempt to bribe away past deeds. Sorry not giving up my integrity or land for some shiny beads from a trickster. Better be one hell of gift these guys got. Leon as for you and your letter being public and Nash dragging or twisting who cares. The guy will be weaving stories and yarns till he drops dead. He tried that crap with me the best he could come up with was a picture and calling me a "Lifson fanboy" and using a calculator to add up my posted shared net54 REA winnings...and he even screwed that up. Bottom line if you're above board and have no hobby skeletons what could he possibly say or twist that's my view. At least Elkins was creative. To those who think why write a letter who cares, it's not gonna help. You're wrong. While Mastro, Allen and gang played their games we all paid the price. While you may not have been directly shilled or perhaps you were and don't know I can promise you one thing. If you collect today or have bought any item hobby related you were affected. By raising prices thru games such as shilling, fake sales etc. all prices in the hobby went up because of historical past sales which in effect were not real. That unfortunately for us all cost the items we collect to be more expensive. This is no different than some oil companies manipulating the cost of crude, or banking institutions messing with rates and loans. It all costs us more at the pump and our house values to be affected. So Bill if you're reading this please send me a gift so I can send back with a copy of my letter. You may feel bad you may not don't really care. You did the crime so pay up. But if I were you I wouldn't worry to much you have one thing going for you. Countless lazy, naive and not so honest collectors who will once again turn a blind eye and then piss and moan about it later. If you feel Bill is an ok guy you're either really naive or there's something else going on. That's my two cents. Cheers, John |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Bill Mastro & Honus: | clydepepper | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 23 | 06-23-2015 05:11 PM |
Bill Mastro - Great Guy | JT | Autograph Forum- Primarily Sports | 20 | 05-30-2015 06:24 AM |
Bill Mastro, 35 years ago | Archive | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 3 | 06-24-2008 06:28 AM |
Those were the days.. Bill Mastro | Archive | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 0 | 02-06-2007 02:45 PM |
An amazing lot in the upcoming Mastro auction... | Archive | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 36 | 07-18-2006 01:40 PM |