Heritage auctions strikes again

[sflayank]

I'd love to see their explanation how the high bid on certain items has gone down on auction day

[mrreality68]

Hi

I have not seen it. just curios which items?

also what are HA rules if any for retracting a bid

[whiteymet]

Larry:

If you are referencing the Mantle Dice card I believe a few days ago the reserve was listed since the bids did not get to that level. Then after it sat for a day or so they lowered the reserve to try to entice bidders.

Come on! Did deep into your pockets!

[Leon]

Originally Posted by whiteymet

Larry:

If you are referencing the Mantle Dice card I believe a few days ago the reserve was listed since the bids did not get to that level. Then after it sat for a day or so they lowered the reserve to try to entice bidders.

Come on! Did deep into your pockets!

That could blow the whole conspiracy theory.
.

[marzoumanian]

Why wasn't the reserve made clear from the get go? Thanks.

[sflayank]

so they bid on it themselves?
and retracted their own bid?
reserve still not met?
doesnt say what reserve is
not to mention the fact...card was a psa 1...allegedly purchased by "sgc"
cracked out of the psa holder...put in an sgc 1.5...put on display at the national to advertise themselves
and in order to resell "sgc" cracked it out of their own holder and put it back in a psa holder...last year and sold it for 310k + bp
WOW

[Exhibitman]

Originally Posted by sflayank

card was a psa 1...allegedly purchased by "sgc"
cracked out of the psa holder...put in an sgc 1.5...put on display at the national to advertise themselves
and in order to resell "sgc" cracked it out of their own holder and put it back in a psa holder...
WOW

[mrreality68]

maybe Leon can bid on behalf of the forum and then can sell fractional shares of it

[whiteymet]

Originally Posted by sflayank

so they bid on it themselves?
and retracted their own bid?
reserve still not met?
doesnt say what reserve is
not to mention the fact...card was a psa 1...allegedly purchased by "sgc"
cracked out of the psa holder...put in an sgc 1.5...put on display at the national to advertise themselves
and in order to resell "sgc" cracked it out of their own holder and put it back in a psa holder...
WOW

Larry and Mark:

Heritage did say from the beginning on the Mantle Dice card listing as well as others that the reserve would post on a certain date. I forget the exact date but it was in the last few days. That's when it jumped to $300K. Then after a day or two I assume the consignor agreed to lower the reserve to $280K to try to drum up some interest.

There is an * after the $280K and underneath it says reserve not met. If you go to the bottom of the page you will see where it says * = *Reserve Not Met. A reserve has been posted on this lot, but no bids have met the reserve. The next bid will meet the reserve.

Remember going by Heritage's rules everyone agrees to in order to bid, they can do anything they want including bidding on their own items!!

[bnorth]

[QUOTE=sflayank;2244653]so they bid on it themselves?
and retracted their own bid?
reserve still not met?
doesnt say what reserve is
not to mention the fact...card was a psa 1...allegedly purchased by "sgc"
cracked out of the psa holder...put in an sgc 1.5...put on display at the national to advertise themselves
and in order to resell "sgc" cracked it out of their own holder and put it back in a psa holder...
WOW[/QUOTE]

That is funny. It is amazing how many cards have been in several different slabs.

I had a Joe DiMaggio that was in 3 PSA and 2 SGC slabs that I know of. Oldest I could find was a PSA slab with the dreaded MC qualifier. Buyer got it cheap and cracked and sebmitted to SGC. Sold in SGC slab to a flipper who cracked and sent to PSA. It got the dreaded MC again and he lost serious cash. I bought it in the PSA slab and cracked it and sent it to SGC and made some good cash off it. I know that buyer told me he was going to crack and send to PSA. LOL

[Peter_Spaeth]

Originally Posted by sflayank

so they bid on it themselves?
and retracted their own bid?
reserve still not met?
doesnt say what reserve is
not to mention the fact...card was a psa 1...allegedly purchased by "sgc"
cracked out of the psa holder...put in an sgc 1.5...put on display at the national to advertise themselves
and in order to resell "sgc" cracked it out of their own holder and put it back in a psa holder...
WOW

Oh the games people play, now
Every night and every day, now

--Joe South

[Lorewalker]

Originally Posted by sflayank

so they bid on it themselves?
and retracted their own bid?
reserve still not met?
doesnt say what reserve is
not to mention the fact...card was a psa 1...allegedly purchased by "sgc"
cracked out of the psa holder...put in an sgc 1.5...put on display at the national to advertise themselves
and in order to resell "sgc" cracked it out of their own holder and put it back in a psa holder...
WOW

If this is true maybe THIS is why we have not heard from lead cheerleader Peter, at SGC, as to their status for the National. Maybe waiting to see if their card sells so they can cover the set up costs?

[jayshum]

Originally Posted by marzoumanian

Why wasn't the reserve made clear from the get go? Thanks.

I think Heritage usually indicates on their listings that a reserve, if any, will be posted 3 days before the end of the listing.

[Casey2296]

Originally Posted by jayshum

I think Heritage usually indicates on their listings that a reserve, if any, will be posted 3 days before the end of the listing.

100% they do

[ALR-bishop]

Originally Posted by whiteymet

Larry:

If you are referencing the Mantle Dice card I believe a few days ago the reserve was listed since the bids did not get to that level. Then after it sat for a day or so they lowered the reserve to try to entice bidders.

Come on! Did deep into your pockets!

Larry has already been there and did that