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#1
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it would not be the first time by any means that an online auction was re-opened for bidding after "ending" due to technical reasons - it happens more often than most realize. And just to reiterate, an emailed notice of a winning bid is not a guarantee of actually "winning" the item. Emails / Notices can be sent in error for a number of reasons. Especially with all of the ways to bid these days, clerical errors can and will be made by auction personnel when executing bids. And just about all Auction Terms & Conditions protect the auction house from these "errors". In this case, the bidding system just was not set up properly for that type of auction and sent a winning bid notice in error. Obviously a frustrating situation for all involved with no real way to make everyone happy, but hopefully a big learning experience for Heritage. |
#2
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I got what I would describe as a “blow off” email from Heritage.
Not even the courtesy of a phone call. |
#3
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Jesus. After all those years and all those dealings, that is truly appalling.
__________________
Net 54-- the discussion board where people resent discussions. ![]() My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ |
#4
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Very surprised.
__________________
Successful Transactions with Neal, RGold, Peter_Spaeth, jcc6252, Brian_Dwyer, Jay_Wolt, Clydewally, bauce, Prince_Hal, ncinin, gonzo, PiratesWS1979, ZiggerZagger, Anthony + Al |
#5
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While I hoped you would have gotten a different response, this was to be expected. It seems like we are numbers to them, not people.
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#6
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Wow, I would have thought a phone call would be warranted with as much business as you have done with them. Also, an explanation of how exactly the process worked as there is a bit of conjecture on that subject.
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#7
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Or was it just like, "Thanks for bidding, and thanks for your email. Our next auction opens 11/4. Best of luck!"
__________________
Trying to wrap up my master mays set, with just a few left: 1968 American Oil left side 1971 Bazooka numbered complete panel |
#8
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Consignments accepted.
__________________
Net 54-- the discussion board where people resent discussions. ![]() My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ |
#9
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At the end of the day, Heritage is a behemoth auction house which doesn’t need Powell and is arrogant enough not to care what he thinks. They may pay some lip service but they really aren’t concerned. REA wouldn’t handle it this way, I assure you all. Spend 5 mins with Heritage’s owners and Brian Dwyer and you’ll quickly understand.
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http://www.flickr.com/photos/calvindog/sets |
#10
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I assume multiple calls were made to Heritage to try to put a stop on the cards going out, what has come of that? They’ve had days now to plan what they are going to do about it. It’s 2:30 TX time now, they can’t just sweep this under the rug I don’t imagine.
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#11
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Jeff,
Sadly, I think you are exactly right. Arrogance. |
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The words from Brian might have been a little different but at the end of the day my sense is that the result would have been the same. And by the way, I think Chris is one of the good guys in the hobby.
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#13
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It appears that Heritage is going to take the view that the auction was conducted in accordance with the rules. Avoiding discussion regarding why they allowed this particular auction to proceed in accordance with rules that seem to be designed without consideration of these circumstances. Confusing at best and misleading in practice and apparently suboptimal for the consignor (although whether Powell would have persevered under better rules is unknown). No doubt Heritage will perform any similar auctions different in the future, benefiting from Powell's illumination of the likely scenarios.
While it is sad to see anybody (in this case, Powell) misled into ecstasy only to be kicked to the curb despite earnest efforts to win at all costs, I don't see the presumption that because he was "declared the winner" of the Set Lot he achieves any primacy over the higher bidder(s), who were declared winner with bids that were more beneficial to the consigner. Under the (sloppy) rules in effect being Set Lot winner was not the same as winning the cards, because they could go to the Individual Lot winners. And they did. |
#14
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Is it possible they're contacting each of the single card winners and cutting a deal with them to back out of their "wins"? Seems reasonable they are doing background before contacting you. Not saying it is the correct course of action for a long-time client, but I would be willing to guess Heritage would extend substantial incentives to the single card high bidders to get you the set. I think this solution would make everyone happy. The Baker will be challenging though, and certainly of no fault to Aaron, but like they say: "everything is for sale at a certain price"...bummer for all on what should have been an exciting evening!
__________________
Always looking for PSA Graded 1952 Topps: 1-80 PSA 7 81-310 PSA 8 311-407 PSA 6 |
#15
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But even in my wildest dreams, I have a hard time imagining this alternative universe. Not only that, but sometimes there is a price, but the price is 10x or 100x the hammer price actually paid.
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Trying to wrap up my master mays set, with just a few left: 1968 American Oil left side 1971 Bazooka numbered complete panel Last edited by raulus; 10-02-2023 at 02:01 PM. |
#16
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#17
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that's shocking. sorry to hear it.
__________________
Check out https://www.thecollectorconnection.com Always looking for consignments 717.327.8915 We sell your less expensive pre-war cards individually instead of in bulk lots to make YOU the most money possible! and Facebook: https://www.facebook.com/thecollectorconnectionauctions |
#18
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In the cold light of day on Monday morning, it seems like the only way to make sure that you win the whole set is to bid like a drunken sailor on all of the individual lots, plus on the lot for the full set. Because otherwise you're leaving yourself open to a potential that you win the lot for the set, but lose overall. I do wish Powell the best of luck with his approach and process. Maybe Heritage will decide to attempt to declare that the bidding should be re-opened. But I wouldn't bet on it.
__________________
Trying to wrap up my master mays set, with just a few left: 1968 American Oil left side 1971 Bazooka numbered complete panel |
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