Bill Mastro's upcoming sentencing

[calvindog]

Leon, a mutual friend of ours who carries a gun asked me to post your comments about Mastro from October 2013:

"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."

21 months later we're still waiting for your letter.

[Kenny Cole]

I sent mine today.

[Leon]

Originally Posted by calvindog

Leon, a mutual friend of ours who carries a gun asked me to post this from October 2013:

http://www.net54baseball.com/showpos...80&postcount=7

... from this thread: http://www.net54baseball.com/showthr...ght=widespread

no comment same result

[calvindog]

Originally Posted by Leon

no comment same result

https://www.youtube.com/watch?v=ZlV3oQ3pLA0

[BeanTown]

My hunch is they used house accounts to bid up lots to hidden reserves agreed to with consignors. Im sure that was common practice for Mastro and its employees was to give false promises or kickbacks to land high end consignments back in the day. Consignors I imagine, did not read the fine print or terms and conditions with the auction and took them for their word since they sell millions each year.

Back when Mastro was was the premire auction company, reserves were rarely seen or advertised. It was not "industry standards" As few auction companies just started out lots at higher amounts. Mastro liked to start out lots lower letting the "market set the price". I have won probally more than 100 lots between both Mastro and Legendary.

I can only imagine who the under bidder was on all my lots won.

I would think that former Mastro/Legendary consignors would be upset if they were told one thing and then it played out differently. Another form of fraud thats never discussed. I imagine that contracts disapeared too along with the bidding history is my guess.

I will end this with a silver lining that no matter what I won, that chances are very good that my investment has risen in value. Look at how well the card market as a whole has done over the last 15 years. Im sure Ive been bumped or pushed higher by auctions houses, and it stinks to think about it... But, I was still willing to Bid the winning amount and when the card(s) came in, I was glad I did.

Letter will be written soon even though my story has been told.

[autograf]

Lichtman....party of one.....now seating......

[slidekellyslide]

Originally Posted by BeanTown

My hunch is they used house accounts to bid up lots to hidden reserves agreed to with consignors. Im sure that was common practice for Mastro and its employees was to give false promises or kickbacks to land high end consignments back in the day. Consignors I imagine, did not read the fine print or terms and conditions with the auction and took them for their word since they sell millions each year.

Back when Mastro was was the premire auction company, reserves were rarely seen or advertised. It was not "industry standards" As few auction companies just started out lots at higher amounts. Mastro liked to start out lots lower letting the "market set the price". I have won probally more than 100 lots between both Mastro and Legendary.

I can only imagine who the under bidder was on all my lots won.

I would think that former Mastro/Legendary consignors would be upset if they were told one thing and then it played out differently. Another form of fraud thats never discussed. I imagine that contracts disapeared too along with the bidding history is my guess.

I will end this with a silver lining that no matter what I won, that chances are very good that my investment has risen in value. Look at how well the card market as a whole has done over the last 15 years. Im sure Ive been bumped or pushed higher by auctions houses, and it stinks to think about it... But, I was still willing to Bid the winning amount and when the card(s) came in, I was glad I did.

Letter will be written soon even though my story has been told.

Check me if I'm wrong, but "Hit it again?" was a question directly asked to YOU was it not?

Is this letter going to be a positive one?

[Peter_Spaeth]

Originally Posted by slidekellyslide

Check me if I'm wrong, but "Hit it again?" was a question directly asked to YOU was it not?

Is this letter going to be a positive one?

This post was with the bidder hat on.

[BeanTown]

Originally Posted by Peter_Spaeth

This post was with the bidder hat on.

Most likely it was Doug trying to get the consigner to take less money than what the agreed upon reserve was!!! Mastro only got paid when stuff sold. Maybe the consigner said NO WAY and the card was returned to him.

[calvindog]

Originally Posted by slidekellyslide

Check me if I'm wrong, but "Hit it again?" was a question directly asked to YOU was it not?

Is this letter going to be a positive one?

According to the government, the indictment and Mastro, JC was a co-conspirator. Technically, I suppose he could also have been a victim on items he bid on. That being said, a letter from JC to the court about Mastro will probably be met with ridicule or stunned silence. Which is why so many hobby leaders and Net 54 senior members are silent when discussions of Mastro's fraud arise. A misspelled word in a post, a discussion about a dinner -- that they'll chime in on. Mastro fraud? Nope, they need to sit that one out in order to not take the chance of their involvement being exposed.

[Rob D.]

Originally Posted by calvindog

Which is why so many hobby leaders and Net 54 senior members are silent when discussions of Mastro's fraud arise. A misspelled word in a post, a discussion about a dinner -- that they'll chime in on. Mastro fraud? Nope, they need to sit that one out in order to not take the chance of their involvement being exposed.

Your name, please?