Goldin income verification

[OhioLawyerF5]

Originally Posted by Snapolit1

Yes it’s 10k, I tried to bid a few ticks above that and was not able to.

I feel the same way about income verification as I do about workplace drug testing …. If you have no basis to suspect it’s a problem….. fuck off.

Realize we have zero privacy left in this country at this point but I will make believe we still do.

It has nothing to do with having privacy. You can have all the privacy you want. But you can't expect anything from someone else and not have to give some of it up. THAT is unreasonable. You don't want to take a drug test? Not a problem. But a company also has the right not to employ you. They will survive without you. You don't want to verify income to bid with a particular auction house? Great, take your business elsewhere.

The problem isn't our losing our privacy, it's everyone's sense of entitlement thinking they get to make the rules in how others do business.

Verifying income for an auction house is one of the most reasonable things I can think of for them to remove one of the biggest problems an auction house faces. The fact that it literally offends people tells me all I need to know about how entitled our society has become. We no longer just take our business elsewhere, we think we should tell people what is reasonable for their business to do, as if they hired you for your opinion.

[Johnny630]

Originally Posted by OhioLawyerF5

It has nothing to do with having privacy. You can have all the privacy you want. But you can't expect anything from someone else and not have to give some of it up. THAT is unreasonable. You don't want to take a drug test? Not a problem. But a company also has the right not to employ you. They will survive without you. You don't want to verify income to bid with a particular auction house? Great, take your business elsewhere.

The problem isn't our losing our privacy, it's everyone's sense of entitlement thinking they get to make the rules in how others do business.

Verifying income for an auction house is one of the most reasonable things I can think of for them to remove one of the biggest problems an auction house faces. The fact that it literally offends people tells me all I need to know about how entitled our society has become. We no longer just take our business elsewhere, we think we should tell people what is reasonable for their business to do, as if they hired you for your opinion.

+1 agree

[FrankWakefield]

I'd be annoyed with a business where I'd always paid in a timely manner, and then one day they want proof of financial wherewithal. But that's not what started this thread.

As a consignor, I recall waiting a few weeks for payment; which annoyed me. The high bidder hadn't paid yet, I got the feeling he was a whale and he didn't want to pay until his funds had stayed in some account until an interest payment had been paid. And the auction house didn't want to pressure him for payment because they didn't want to lose his as a future bidder.

And then there's the auction house that was taking bids on cards that had recently been stolen without timely disclosure about the cards being gone. So AH's can want financial disclosure on bidders, but bidders don't get proof that the AH really had the cards.

I can see that if I had a high value card out there, I'd be annoyed if they accepted a huge bid from an unknown bidder early in an auction driven up by another colluding bidder that discouraged other bidders from bidding, then the two colluders don't pay, and my card goes unsold.

All in all, I don't see a bright line rule that would protect buyers from AH's, AH's from buyers, consignors from buyers, consignors from AH's.... tis a mess.

[frankbmd]

Goldin, oh Goldin

He'll never know how much cash I'm holdin'.