Heritage Auctions - Boston Garters

[Snowman]

Originally Posted by calvindog

As typical of Net 54, there has to be hand-wringing over every possible legal avenue and people who just need to be contrarians. It’s very simple: the auction was screwed up by Heritage by shutting down the full set lot while continuing to allow the single lots to run. This was a failure which defeated the very concept of an auction. It is Heritage’s fault, period. No one else’s. As I wrote to a friend in a text at 11:26 pm that night, during extended bidding: “The poor guy who had the high for the set is screwed if we push it over.” Referring to bidding on the individual lots while the full set lot was closed.

The only fair resolution to all the bidders and the consigner is to redo the auction and if the consigner loses money from the new final bids, Heritage should make up that difference to him — BECAUSE THIS MESS WAS THEIR FAULT AND THEIR FAULT ONLY. Instead of spending days trying to cover their ass and lie to all involved, Heritage should simply admit they screwed up and fix it — at their expense.

I agree for the most part, although as even you noted at 11:26pm that night, this was outcome was predictable. I do think Heritage should extend the auction though. No need to restart from ground zero however. I prefer how PWCC handles it. They just extend the bidding from where things left off. All prior bids are still in place, and all eligible bidders are able to bid again. This is the solution I would offer.

But to just say Powell won is not an option. He did not win per the clearly stated rules. Regardless of how unfair it was.

[parkplace33]

Originally Posted by Snowman

I agree for the most part, although as even you noted at 11:26pm that night, this was outcome was predictable. I do think Heritage should extend the auction though. No need to restart from ground zero however. I prefer how PWCC handles it. They just extend the bidding from where things left off. All prior bids are still in place, and all eligible bidders are able to bid again. This is the solution I would offer.

But to just say Powell won is not an option. He did not win per the clearly stated rules. Regardless of how unfair it was.

I would normally agree with this, but I am sure invoices and payments have been sent out/paid by now.

[Peter_Spaeth]

Originally Posted by parkplace33

I would normally agree with this, but I am sure invoices and payments have been sent out/paid by now.

They could undo that. Just refund the money. To me the question is have they shipped any cards.

[parkplace33]

Originally Posted by Peter_Spaeth

They could undo that. Just refund the money. To me the question is have they shipped any cards.

Its been 2 plus days since the auction closed. I think you have your answer.

[Peter_Spaeth]

Originally Posted by parkplace33

Its been 2 plus days since the auction closed. I think you have your answer.

Not sure I follow. So you're saying it's too soon for that to have happened?

[parkplace33]

Originally Posted by Peter_Spaeth

Not sure I follow. So you're saying it's too soon for that to have happened?

No, I am saying too much time has passed for a redo. Heritage is moving forward with the sale of the individual cards.

[Peter_Spaeth]

Originally Posted by parkplace33

No, I am saying too much time has passed for a redo. Heritage is moving forward with the sale of the individual cards.

Ah got you. I suspect that's right. And all these suggestions of a redo are moot if any cards have gone out.

[calvindog]

Originally Posted by parkplace33

No, I am saying too much time has passed for a redo. Heritage is moving forward with the sale of the individual cards.

They can easily fix it by not sending out the cards — which they surely haven’t done as of today. The question is whether Heritage wants to do the right thing for its bidding customers and also reveal to the non-hobby consigner that they a) screwed up and b) may have cost the consigner money. My guess is they will never have that conversation. This isn’t REA.

[calvindog]

Originally Posted by Snowman

I agree for the most part, although as even you noted at 11:26pm that night, this was outcome was predictable. I do think Heritage should extend the auction though. No need to restart from ground zero however. I prefer how PWCC handles it. They just extend the bidding from where things left off. All prior bids are still in place, and all eligible bidders are able to bid again. This is the solution I would offer.

But to just say Powell won is not an option. He did not win per the clearly stated rules. Regardless of how unfair it was.

I don’t disagree at all. Powell didn’t win unless all lots, the individual and aggregate, were kept open. And they weren’t. It’s an easy fix here. Re-auction the cards correctly, give everyone a fair chance, and make up any potential shortfall to the consigner so he agrees to this resolution. This is an easy fix — let’s see if Heritage can understand this.

[Republicaninmass]

Originally Posted by Snowman

I prefer how PWCC handles it.

Color me surprised