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Old 10-03-2023, 11:51 AM
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Connor
Connor
 
Join Date: Aug 2018
Posts: 250
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Going to give my two cents for what it is worth, because I don't feel it is fair what is going down on this thread generally..

Let me start with I have a tremendous amount of respect for all the legal eagles posting on this thread, and I am just going to state the obvious and leave it there.

I am in the real estate business, and disclosure is always a big issue when things go wrong. For example did the seller of the building disclose there was an obvious defect to his knowledge- just for example sake.. If they disclosed the issue- they are fine and not liable- if they did not disclose and they knew about an issue, they could be in for a shit storm.

Heritage at the bottom of every Boston Garter card disclosed the following--- """""""Please note that this auction will list each card as an individual lot along with another listing for the complete set. If the aggregate winning bids of the twelve individual lots exceeds the high bid on the complete set, the cards will be sold to each individual winner. If the price of the set exceeds the sum of the twelve individual cards, the victory will be awarded to the high bidder for the complete set."""""""""""

The wording is not deceptive, it is black and white. It's not open for interpretation. Heritage disclosed the cards could be sold as a set, or individually depending what gets more- PERIOD.. If someone had intentions of winning the set they had this information and should have bid accordingly, meaning- bid on the individual lots and also the set if there was any doubt. Also they could have reached out to the auction house if you had any questions prior to clarify how the sale would go down..

I have known Derek Grady who brought in the Garters on consignment over 25 years. First as a kid collecting with my Dad who used SGC as our preferred grader, and the last 10 years or so as a consignor and hobby resource for my auction needs... Derek is a class act, and he had nothing but the best intentions for the consignors by running the Garters individually and as a set. Clearly it was very close in price realized whether the set or individual lots would net the sellers the most money- so it was the correct decision to run the auction the way he did... Derek was spot on, and also talking with him at the national the sellers are not card people at all, running the auction with the option for the set to sell, or the cards individually, gave the consignors comfort they absolutely would net the most from a collectible they knew nothing about. By the way again it was in the best interest of his client which I always have found to be true when giving Derek business both ways as a seller and buyer...

I feel for Powel that he bid a tremendous amount of money and thought he won the set, but it clearly was stated on each lot it could go either way. Logistically yes are there some math challenges to know where you stand- yes. That said it was not a hard close, lots were able to be extended with the individual lot close method implemented.. 30 minutes is enough time to run the math.

Be well my friends. I hope this message gives another respectable perspective, and no ill will towards anyone posting. Fair is fair..

Connor Ciallella

Last edited by PhillyFan1883; 10-03-2023 at 12:34 PM. Reason: Name
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