Should auction houses honor all items that accompany their own LOA?

[ZachS]

Originally Posted by 3arod13

If an auction house puts their LOA on an item and sells it, they should be held 100% responsible and accountable for it, no matter how many years have passed if proven fake or not authentic!

I would agree.

[glynparson]

They should always be willing to refund purchase price if found fake. To either the buyer or his inheritor should that be the case. I do not feel that either should have had to refund you the purchase price you made. But they should always stand behind what they sold it for and to whom they sold it.

[SyrNy1960]

Originally Posted by glynparson

They should always be willing to refund purchase price if found fake. To either the buyer or his inheritor should that be the case. I do not feel that either should have had to refund you the purchase price you made. But they should always stand behind what they sold it for and to whom they sold it.

Agree! The second scenario, the seller received his $1,500 back and I returned the jersey and he refunded my money. At first, when I contacted the seller and told him what I found (and we know each other, as we collected the same player), even he felt it wasn't his problem since the jersey came with an Auction House LOA and that's how he bought and sold it. Wasn't until I got the Auction House to refund the money, he changed his tune a bit.

[doug.goodman]

Originally Posted by glynparson

They should always be willing to refund purchase price if found fake. To either the buyer or his inheritor should that be the case. I do not feel that either should have had to refund you the purchase price you made. But they should always stand behind what they sold it for and to whom they sold it.

I agree