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#1
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Maybe all the people who had high bids should pay and then Heritage can charge them some sort of a penalty as well so they do better than the consignor...as long they come out ok...Jerry
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#2
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Really an awful outcome for many. It will be interesting to see what Heritage deems is the correct path to take. In years gone by this forum probably would have had a helluva chat exchange going on while the clock was ticking on these Boston Garter lots. Not griping Leon, just waxing nostalgic.
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Now watch what you say, or they'll be calling you a radical, a liberal, oh, fanatical, criminal Won't you sign up your name? We'd like to feel you're acceptable, respectable, presentable, a vegetable If we are to have another contest in the near future of our national existence, I predict that the dividing line will not be Mason and Dixon's but between patriotism and intelligence on the one side, and superstition, ambition and ignorance on the other.- Ulysses S. Grant, 18th US President. |
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#3
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According to HA Web Tips (linked below at end):
Heritage Live FAQ: ‘How do I know if I won the lot? When the lot closes a message in green indicating you won will be displayed (see example below). In addition, you can check the item status in the "Realized Prices" tab. You Won!’ HOWEVER, further down this reference page under Bidding Guidelines it states: ‘If you are the successful high bidder when the auction closes, you will receive an Email confirmation immediately following the auction followed by an E-mail invoice in the next few days for your winnings.‘ https://sports.ha.com/c/ref/web-tips...nes-incrementsAttachment 591429Attachment 591429 Do these conflict in this scenario?? Perhaps the most equitable thing HA can do is refund any money paid so far, declare no true winner given conflicting communications to the individual and lot buyers, and reset the individual and lot auction, which will give everyone a fair and fully informed chance at bidding again. Last edited by brunswickreeves; 10-01-2023 at 06:10 AM. |
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#4
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Three things are true here: this is entirely Heritage’s fault by not knowing how to run this particular type of auction (individual lots/full set competing simultaneously), Powell is a huge consigner and customer, and the consigner of the BGs lost money due to Heritage’s error. At the very least, Heritage has to re-do the auction, although at the time Powell was prevented from bidding anymore he was the rightful winner. If I was in charge, I’d give the cards to Powell and compensate all the other parties greatly, although it pains me to say that as Aaron is a great dude and an innocent party here.
If Leland’s was capable of doing the right thing by not trying to force payment from the winner (and my client) of the Tom Brady “final TD pass football” which wasn’t his final TD pass when he announced his comeback the day after the auction end, somehow I think Heritage is capable of being fair here as well.
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http://www.flickr.com/photos/calvindog/sets Last edited by calvindog; 10-01-2023 at 06:47 AM. |
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#5
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I received the invoice/email at 3 a.m. this morning for the Baker.
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#6
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Powell, I got your voicemail. I will call you back later today. This really sucks. That’s a serious f-up that the set auction closed while the individual lots stayed open. I agree, if you were the winner when the set lot closed, you should be the winner- it closed and you won. Plain and simple
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#7
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What’s astonishing to me is that they had a month to fix the software to at the very least make it clear who was winning with each bid: the individual lots or the whole set lot. And didn’t do a thing.
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http://www.flickr.com/photos/calvindog/sets |
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#8
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As Jeff alluded to, the problem is that the auction software can’t handle this type of bidding. The individual lot totals have to be linked to the aggregate lot so when their total exceeds the aggregate the aggregate needs to be shown as open with the next bid topping the sum of the individual bids. That is the easy part. The hard part is what to do with individual bids when the aggregate exceeds the sum of the individual bids. For example, let’s say that at a point in the auction the aggregate is at $600k and the sum of the individual lots was at $500k. If I only wanted to win one individual lot would the auction software have to keep bumping my bids till I increased the bid on that individual lot by over $100k?
I think my conclusion is that conceptually this type of auction sounds nice, but practically there is no easy way to handle the bidding. I think this is an unfortunate situation for all involved and that the only fair solution is to reauction the group. Also, if there is a right answer to how to handle this situation that answer must be independent of how much or how little business any of the involved parties has done with HA. |
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