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#251
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it would not be the first time by any means that an online auction was re-opened for bidding after "ending" due to technical reasons - it happens more often than most realize. And just to reiterate, an emailed notice of a winning bid is not a guarantee of actually "winning" the item. Emails / Notices can be sent in error for a number of reasons. Especially with all of the ways to bid these days, clerical errors can and will be made by auction personnel when executing bids. And just about all Auction Terms & Conditions protect the auction house from these "errors". In this case, the bidding system just was not set up properly for that type of auction and sent a winning bid notice in error. Obviously a frustrating situation for all involved with no real way to make everyone happy, but hopefully a big learning experience for Heritage. |
#252
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I got what I would describe as a “blow off” email from Heritage.
Not even the courtesy of a phone call. |
#253
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In the cold light of day on Monday morning, it seems like the only way to make sure that you win the whole set is to bid like a drunken sailor on all of the individual lots, plus on the lot for the full set. Because otherwise you're leaving yourself open to a potential that you win the lot for the set, but lose overall. I do wish Powell the best of luck with his approach and process. Maybe Heritage will decide to attempt to declare that the bidding should be re-opened. But I wouldn't bet on it.
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Trying to wrap up my master mays set, with just a few left: 1968 American Oil left side 1971 Bazooka numbered complete panel |
#254
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Good faith solution is good for business, HA and the consignor make more money, cards go to fully informed and highest bidder. Last edited by brunswickreeves; 10-02-2023 at 12:45 PM. |
#255
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Jesus. After all those years and all those dealings, that is truly appalling.
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Net 54-- the discussion board where people resent discussions. ![]() 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/ |
#256
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Just absolutely astounding negligence from the largest sports auction house in the world. Powel should have been awarded the win, but I'm assuming at this point since invoices went out that cards may be on their way to individual lot winners already.
I think I would have questioned how things were going to go once I realized that you had to add up the individual lots yourself. How annoying would that be if they were doing this same type of setup with 524 T206 cards? Or a complete 1952 Topps set?
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Looking for Nebraska Indians memorabilia, photos and postcards |
#257
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Very surprised.
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Successful Transactions with Neal, RGold, Peter_Spaeth, jcc6252, Brian_Dwyer, Jay_Wolt, Clydewally, bauce, Prince_Hal, ncinin, gonzo, PiratesWS1979, ZiggerZagger, Anthony + Al |
#258
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While I hoped you would have gotten a different response, this was to be expected. It seems like we are numbers to them, not people.
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#259
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1- Powell bidded on the SET lot and ended just like a normal lot would end.
2. The other single lots kept going as normal and ended like normal. As reffered by others as 2 separate Heat Races. 3. When the races end, the highest WINS. OK. so, Powell loses then. I can see the other aspect, have the lots joined together and closed at 1 time, but it was never disclosed that way. Just that the highest lot(s) won. Right? (i did not look at the site, just basing on what i read here) HOWEVER- the case with the winning bidder invoices?? thats the part figuring out, was it a payment due type invoice? Thinking this invoices/winner should never been sent out, most people think it says you won the lot, then you won. Thats why i question, if it asked for payment?? Either way, hate to see the set split up, so beautiful. Be nice to see it displayed too.
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1916-20 UNC Big Heads Need: Ping Bodie |
#260
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Wow, I would have thought a phone call would be warranted with as much business as you have done with them. Also, an explanation of how exactly the process worked as there is a bit of conjecture on that subject.
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#261
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Or was it just like, "Thanks for bidding, and thanks for your email. Our next auction opens 11/4. Best of luck!"
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Trying to wrap up my master mays set, with just a few left: 1968 American Oil left side 1971 Bazooka numbered complete panel |
#262
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Consignments accepted.
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Net 54-- the discussion board where people resent discussions. ![]() 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/ |
#263
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At the end of the day, Heritage is a behemoth auction house which doesn’t need Powell and is arrogant enough not to care what he thinks. They may pay some lip service but they really aren’t concerned. REA wouldn’t handle it this way, I assure you all. Spend 5 mins with Heritage’s owners and Brian Dwyer and you’ll quickly understand.
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http://www.flickr.com/photos/calvindog/sets |
#264
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Is it possible they're contacting each of the single card winners and cutting a deal with them to back out of their "wins"? Seems reasonable they are doing background before contacting you. Not saying it is the correct course of action for a long-time client, but I would be willing to guess Heritage would extend substantial incentives to the single card high bidders to get you the set. I think this solution would make everyone happy. The Baker will be challenging though, and certainly of no fault to Aaron, but like they say: "everything is for sale at a certain price"...bummer for all on what should have been an exciting evening!
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Always looking for PSA Graded 1952 Topps: 1-80 PSA 7 81-310 PSA 8 311-407 PSA 6 |
#265
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I assume multiple calls were made to Heritage to try to put a stop on the cards going out, what has come of that? They’ve had days now to plan what they are going to do about it. It’s 2:30 TX time now, they can’t just sweep this under the rug I don’t imagine.
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#266
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Jeff,
Sadly, I think you are exactly right. Arrogance. |
#267
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But even in my wildest dreams, I have a hard time imagining this alternative universe. Not only that, but sometimes there is a price, but the price is 10x or 100x the hammer price actually paid.
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Trying to wrap up my master mays set, with just a few left: 1968 American Oil left side 1971 Bazooka numbered complete panel Last edited by raulus; 10-02-2023 at 02:01 PM. |
#268
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The words from Brian might have been a little different but at the end of the day my sense is that the result would have been the same. And by the way, I think Chris is one of the good guys in the hobby.
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#269
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#270
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It appears that Heritage is going to take the view that the auction was conducted in accordance with the rules. Avoiding discussion regarding why they allowed this particular auction to proceed in accordance with rules that seem to be designed without consideration of these circumstances. Confusing at best and misleading in practice and apparently suboptimal for the consignor (although whether Powell would have persevered under better rules is unknown). No doubt Heritage will perform any similar auctions different in the future, benefiting from Powell's illumination of the likely scenarios.
While it is sad to see anybody (in this case, Powell) misled into ecstasy only to be kicked to the curb despite earnest efforts to win at all costs, I don't see the presumption that because he was "declared the winner" of the Set Lot he achieves any primacy over the higher bidder(s), who were declared winner with bids that were more beneficial to the consigner. Under the (sloppy) rules in effect being Set Lot winner was not the same as winning the cards, because they could go to the Individual Lot winners. And they did. |
#271
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I disagree vehemently.
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http://www.flickr.com/photos/calvindog/sets |
#272
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that's shocking. sorry to hear it.
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Check out https://www.thecollectorconnection.com Always looking for consignments 717.327.8915 We sell your less expensive pre-war cards individually instead of in bulk lots to make YOU the most money possible! and Facebook: https://www.facebook.com/thecollectorconnectionauctions |
#273
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LOL, if you had just disagreed I would have been OK, but since you have vehemently disagreed I will give my position some extra thought. I hope you were just disagreeing with the first part. All my interactions with Chris have been great. Stay well my friend!
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#274
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What an absolute cluster that they could have and should have prevented from happening prior to the start of the auction. The ONLY fair approach for ALL parties is to open the auction back up from where it left off and let only those bidders who had placed existing bids allowed to proceed. To take it one step further, Heritage should waive all buyer fees for this set/items since both the consignor and bidders were negatively effected by their lack of awareness of how this could take place. It gives each bidder a fighting chance to spend more money with no buyers fees and puts more money in the consignors pocket since Heritage ultimately caused the consignor money with how this ended and took place. They shouldn’t be rewarded with the commission from this fiasco that they caused. If you really think about it, this fiasco caused more consignors money because the bids that the “Winners” of the set and individual lots probably would have bid on other auction items but didn’t because each had thought they were the winners of their lots.
Sent from my iPhone using Tapatalk |
#275
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HA discussed this live during the extended bidding, individual lots were less than 4k from the full set price with less than 30 minute to go.
Seems inevitable it would exceed the high bid on the full set https://youtu.be/_tkRi0UHgZg?t=7351
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T206 gallery |
#276
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which begs the question, if the singles were they bid up to over the current $525k and became the higher of the two, HOW was the high bidder of the group bid supposed to be able to top it? In a nutshell he could not have, even if he hit the bid button repeatedly, it would only raise his max bid and not his current high bid. He was handcuffed by the system.
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#277
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lolol
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http://www.flickr.com/photos/calvindog/sets |
#278
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1. Heritage 2. Heritage 3. Heritage 4. Heritage.
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http://www.flickr.com/photos/calvindog/sets Last edited by calvindog; 10-02-2023 at 04:25 PM. |
#279
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sb1: He could have bid on the Individual Lots. He assumed it wasn't necessary under rules that weren't in place.
Sent from my motorola edge 5G UW (2021) using Tapatalk |
#280
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He had no reason to think he needed to outbid himself.
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Net 54-- the discussion board where people resent discussions. ![]() 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/ |
#281
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Please visit my website at http://t206.monkberry.com/index.html |
#282
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#283
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Why would I call? My account said I won. And the set lot was blocked so there was nothing I could do anyway. It was a fiasco
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#284
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Have you tried to call since?
You can die on the “it said I won” hill but it might do some good to talk to someone at Heritage. I also hope that if I ever get to the level of buying half a million dollar items, I’d have a direct line to someone to address my concerns before, during and after an auction. |
#285
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Not to mention, if he was going to bid on the individual lots, he would've had to win all 12 of them to accomplish what he was trying to do by bidding on the set.
I don't understand the argument that he should've been bidding on the individual lots. As Peter says, it would've been bidding against himself and accomplishing nothing. |
#286
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I am surprised that HA is not on the phone with all involved trying to come to a resolution.
I am sure they are having internal discussions how to resolve.
__________________
Thanks all Jeff Kuhr https://www.flickr.com/photos/144250058@N05/ Looking for 1920 Heading Home Ruth Cards 1920s Advertising Card Babe Ruth/Carl Mays All Stars Throwing Pose 1917-20 Felix Mendelssohn Babe Ruth 1921 Frederick Foto Ruth Rare early Ruth Cards and Postcards Rare early Joe Jackson Cards and Postcards 1910 Old Mills Joe Jackson 1914 Boston Garter Joe Jackson 1911 Pinkerton Joe Jackson |
#287
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If Heritage could have gotten a little more Covid money I think all of this could have been avoided...Jerry
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#288
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I took post 252 to mean they've already made that determination.
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Net 54-- the discussion board where people resent discussions. ![]() 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/ |
#289
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Thanks for clarifying Not what I expected at all.
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Thanks all Jeff Kuhr https://www.flickr.com/photos/144250058@N05/ Looking for 1920 Heading Home Ruth Cards 1920s Advertising Card Babe Ruth/Carl Mays All Stars Throwing Pose 1917-20 Felix Mendelssohn Babe Ruth 1921 Frederick Foto Ruth Rare early Ruth Cards and Postcards Rare early Joe Jackson Cards and Postcards 1910 Old Mills Joe Jackson 1914 Boston Garter Joe Jackson 1911 Pinkerton Joe Jackson |
#290
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This sounds more like a recent election rather than an actual auction… go to sleep thinking you won and then you wake up and…
Feel bad for Powell who I don’t know but it sucks… Sent from my iPhone using Tapatalk
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#291
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Let's not forget the consignor, let's assume Powell was willing to go 750k on the set, The Heritage set up never allowed him to go all in. Bad set up all around and really poor management after the fact by Heritage.
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#292
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But the next time they have a card someone wants, that someone will bid anyway. Bad behavior never gets punished in this hobby.
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Net 54-- the discussion board where people resent discussions. ![]() 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/ Last edited by Peter_Spaeth; 10-02-2023 at 08:55 PM. |
#293
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After this shitshow I would assume REA just secured a new consignor.
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#294
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If the consigner was well-versed in the auction process he would have complained to Heritage during the month the lots were up about the software not providing a comparison of the full set lot price vs. the individual lots total at each bid. Anyone actually think the consigner, unless he reads this board, actually was told what fully went down by Heritage? How much money was left on the table due to Heritage’s incompetence?
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http://www.flickr.com/photos/calvindog/sets |
#295
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https://www.ha.com/heritage-auctions...chedule-111815
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Net 54-- the discussion board where people resent discussions. ![]() 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/ |
#296
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From all that I have seen and read about this here, Powell is the winner in my opinion and is getting screwed. I see a lawsuit coming.
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#297
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Often a claim that someone done you wrong does not translate well into a lawsuit.
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Net 54-- the discussion board where people resent discussions. ![]() 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/ Last edited by Peter_Spaeth; 10-02-2023 at 10:08 PM. |
#298
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Powell.... So they wouldn't talk to you? Did they at least refund the wire transfer you sent?
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#299
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#300
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They will refund my money. I’m hopeful they will restart the auction at the point the set lot closed. Otherwise, my binding on the set lot was illusory. It was impossible to win. That’s the antithesis of an auction.
I thank Leon for his warm and supportive call. I thank everyone on this board most of whom agreed with me. I respect the ones who disagree with me too except the one who called me a “sore loser” as that was uncalled for. It’s not looking good but “it’s not over until the far left sings.”. Heritage can still make this a fair competition. I’m hopeful the will. |
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