1948 Leaf Babe Ruth sgc 4 fs sold

[eliotdeutsch]

I’ll take it gets first priority and interrupts any negotiation. That is trading etiquette.

If that were not the case, you’d back bid every card immediately, just to get the free option of getting last look.

If a buyer is coming in right at the seller’s level, the seller owes nothing to anyone else.

[eliotdeutsch]

From a sellers point of view.

If a buyer is coming in right at his level, any hesitation on his part gives the buyer license to back out.

A seller would not, and should not, risk that.

[blametony]

Originally Posted by eliotdeutsch

I’ll take it gets first priority and interrupts any negotiation. That is trading etiquette.

If that were not the case, you’d back bid every card immediately, just to get the free option of getting last look.

If a buyer is coming in right at the seller’s level, the seller owes nothing to anyone else.

Elliot, there are a lot of factors involved. The winner did not pay posted asking price. It was a separate negotiation. I was also under the assumption (probably incorrectly) that the "I'll take it" policy was only in effect if stated in the sale as many sellers do, but not all. I for one will continue to give a heads up to potential buyers in the order I was contacted and give them the option. I always thought that was fair.

[eliotdeutsch]

If winner did not pay posted price, then those rules don’t apply. You’re correct.

[wondo]

My two cents. Simultaneous negotiations are tricky. I’ve had situations where a seller ends up running a bidding war between potential buyers going back and forth - that pisses me off. I believe the best course is to negotiate in good faith and sell to the first acceptable solid offer without strings. Communicating whether a sale is a hold or not would have helped in this instance. I do understand that there will be grey areas (as in this case), but the alternative could become a slippery slope. I commend the overall attitude of the folks involved and understand the conflict and disappointment.

[blametony]

Originally Posted by wondo

My two cents. Simultaneous negotiations are tricky. I’ve had situations where a seller ends up running a bidding war between potential buyers going back and forth - that pisses me off. I believe the best course is to negotiate in good faith and sell to the first acceptable solid offer without strings. Communicating whether a sale is a hold or not would have helped in this instance. I do understand that there will be grey areas (as in this case), but the alternative could become a slippery slope. I commend the overall attitude of the folks involved and understand the conflict and disappointment.

Well said, John. My thoughts exactly. I hold no grudge against the seller, buyer or anyone involved. I would chalk it up to an incorrect assumption on my part.