Bill Mastro denies widespread fraud in his auctions -- yesterday.

[calvindog]

haulsofshame.com/blog/wp-content/uploads/2013/10/Mastro-responds.jpg

[ullmandds]

how would I even know if I was the victim of shill bidding in one of Bills auctions?

[CMIZ5290]

Originally Posted by ullmandds

how would I even know if I was the victim of shill bidding in one of Bills auctions?

+1....

[calvindog]

Originally Posted by ullmandds

how would I even know if I was the victim of shill bidding in one of Bills auctions?

According to Bill, if you didn't write a letter to his judge decrying how he shilled you -- then you apparently weren't shilled.

[Peter_Spaeth]

From Hauls of Shame, probably not worth much....

Sources indicate that the government’s biggest target could be authentication giant Professional Sports Authenticator (PSA), the company that graded the Wagner card for Bruce McNall and Wayne Gretzky after they purchased it at Sotheby’s in 1991. The Wagner was the first card ever graded by the company and its founder David Hall.

[Leon]

Even though I have considered Bill a hobby friend, and understand I was shill bid, I didn't have the amount of disrespect towards him which I do now, until I read his statement. That statement accepts no responsibility of his misdeeds. He caused his own problems, no one else. He really needs to accept responsibility for his actions. I find his statement disgusting. There were 2 letters? I can guarantee there will be at least 3 by the end of the day today. Nice work Jeff.

[Peter_Spaeth]

According to the information to which Mastro apparently pleaded guilty, after the Code of Conduct was published in 2007 by Doug, Mastro Auctions "caused restoration work to be done on trading cards sold by Mastro Auctions, and knowingly failed to disclose that restoration work to bidders." I wonder if we will ever know which cards were involved? Likely not.

[Wite3]

Too bad the judge does not have an email address...he would get tons of emails from collectors.

Joshua

[calvindog]

Judge Ronald A. Guzman
219 South Dearborn Street
Chicago, Illinois 60604

The case name is U.S. v. Mastro, 1:12-cr-00567.

[cincyredlegs]

Originally Posted by Peter_Spaeth

From Hauls of Shame, probably not worth much....

Sources indicate that the government’s biggest target could be authentication giant Professional Sports Authenticator (PSA), the company that graded the Wagner card for Bruce McNall and Wayne Gretzky after they purchased it at Sotheby’s in 1991. The Wagner was the first card ever graded by the company and its founder David Hall.

Maybe it is pure coincidence, but I wonder if this is why Don Spence is retiring his sets and selling?

Mark

[sports-rings]

be aware that Mastro was not the only prominent auction house employing such slimy measures.

Maybe some do, but let's not lump them all together.

During SCP Auctions famous Dr. J Auction where rings and other items sold for historic highs, I bid on some of his trophies, and against my better judgement, entered maximum bids and went to sleep.

The next day, after the auction had ended, much to my amazement, I had won some awards and trophies at my last bid, and nowhere near my max bids.

Somehow the auction Gods helped me, and the crazy prices realized for Dr. J's rings and other items did not include the items I won.

[drcy]

My idle observation is that some people on Net54 don't have or use common sense (wishful thinking?), and/or fear being sued themselves by posting their true thoughts and insights on a public chatboard.

[WhenItWasAHobby]

Originally Posted by cincyredlegs

Maybe it is pure coincidence, but I wonder if this is why Don Spence is retiring his sets and selling?

Mark

If you don't mind me asking, where was it announced that he was retiring and selling his sets?

[cincyredlegs]

Originally Posted by WhenItWasAHobby

If you don't mind me asking, where was it announced that he was retiring and selling his sets?

Here is the thread that talks about it on the CU Forum.

http://forums.collectors.com/message...eyword1=spence