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Go Back   Net54baseball.com Forums > Net54baseball Main Forum - WWII & Older Baseball Cards > Net54baseball Sports (Primarily) Vintage Memorabilia Forum incl. Game Used

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  #1  
Old 07-17-2012, 05:33 PM
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They tell you what they do and to Jim's point they don't seem to limit themselves in the fine print unless he missed it. They make no secret about it, if you don't like it don't bid with them. I don't like it and I don't bid with them.
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  #2  
Old 07-17-2012, 06:08 PM
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Perhaps next time I bid against a "house" bid, they'll put me on an even playing field by waiving the 20% advantage the "house" has by not having to pay the BP...
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Collecting: 1948 Leaf Football Master Set (PSA 7 or better - PSA 6 or better for High Numbers), 1948 Leaf Football White Backgrounds, 1948 Leaf Football On-card Autographs, Wire Photos or Original Photos depicting images used for the 1948 Leaf Football issue -- circa 1880-1909 Football cabinets
  #3  
Old 07-17-2012, 06:19 PM
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they do the same thing with coins in the last 18 months theyve sold the same coin 5 times including giving it on consignment to a dealer who then tried to sell it to my outright...if its not illegal it should be
  #4  
Old 07-17-2012, 07:21 PM
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It creates a false market with false prices realized. In the case of the program above, if Heritage is in fact "the owner", it is misleading in that respect as well.
JimB
  #5  
Old 07-17-2012, 07:29 PM
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Someone was kind enough to send me a link to their rules. Here is rule #21. It does not seem fair to me. So I guess it is not just the auction house and its employees that can bid and modify bids with insider information, but anybody that they deem an "affiliate".
JimB

"21. The Auctioneer, its affiliates, or their employees consign items to be sold in the Auction, and may
bid on those lots or any other lots. Auctioneer or affiliates expressly reserve the right to modify
any such bids at any time prior to the hammer based upon data made known to the Auctioneer
or its affiliates. The Auctioneer may extend advances, guarantees, or loans to certain consignors."

Last edited by E93; 07-19-2012 at 12:18 AM. Reason: change colors
  #6  
Old 07-17-2012, 07:46 PM
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So the question becomes if you don't like it, do you still patronize them? It's not like they aren't telling you they reserve the right to do these things. Again, not defending the practice but complaining about it and continuing to bid with them doesn't seem to accomplish much.
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  #7  
Old 07-18-2012, 05:48 PM
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Quote:
Originally Posted by E93 View Post
It creates a false market with false prices realized. In the case of the program above, if Heritage is in fact "the owner", it is misleading in that respect as well.
JimB
This reminds me of the urban legend about a handful of NY vendors selling 1952 Topps Mantles back and forth amongst themselves inflating the Mantle price back in the 1970's
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Old 07-18-2012, 06:16 PM
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  #9  
Old 07-18-2012, 06:46 PM
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Jason,
You crack me up. But the silence is deafening. What are we to presume by this?
JimB

Last edited by E93; 07-18-2012 at 06:47 PM.
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