[1952boyntoncollector]

I disagree. Like your housing analogy, whether it's the actual new owner or the bank, papers were signed and money from either the new owner or the bank did exchange hands somewhere.

You also agree to terms on the internet auction sites to be legally liable for your winning bids. Its an agreement you click online which is the same as a signature


The buyer could have easily said he would pay a million for the card. Does that mean the card sold for a million? Talk is cheap, and even a handshake means very little this day, and neither means anything unless money actually changed hands.

Its not about talk, theres a LEGAL OBLIGATION, why dont you win every lot at the next REA auction and not pay since talk is cheap and money wont change hands. However you wont do that because you dont want to be sued for your agreement that you had signed for online and agreed to the rules. You would owe the amounts of your winning bids.



No it was not. Again, no signatures, face to face meetings took place, etc, etc, etc, with the card in question.

If money did not exchange hands, then there is no sale, and with no sale, they have no right to say the card sold for that amount.

Thats not correct. Its sale you can get sued on by the auction house. You agreed to pay and its a sale. Otherwise, lets see you win the next 1952 Topps Mantle and not pay and see what happens.

Personal story. I had listed a snowmobile for sale quite a few years ago for a $1000.00 dollars. I had an out of town person call me and tell me they would take it for that amount sight unseen and would be there in 2 days to pick it up.
In the meantime, I had 2 guys come by for a look and see and they said they would take it for $800. I told them, although I didn't feel very good about it (greed got the best of me!) that I had a guy who was going to give me a $1000 for it in 2 days.

2 days came and passed, and you guessed it, the original person, who said they would buy it for a $1000.00 was nowhere to be found? I called and received no answer so I called the other 2 guys who offered me $800 but they had already purchased another sled.

Long story short, I ended up only getting $650 for it. When my friends asked what I "sold" my sled for, I told them $650 dollars,,,,,,,,,, not the $1000.00 the first guy said he would purchase it for.

Well if you could find the guy and could prove he agreed to pay you that money you could of sued him. However, unlike an auction house you never got a commitment in writing and probably didnt know his name and location and probably not worth your time to pursue.

Lets take in another step, people agree to pay rent (lets say $1000), then dont pay the rent at the end of the month. Money didnt change hands, but cant you tell the next prospective renter that the last renter was 'paying $1000 a month' That wouldnt be an outright lie.

Remember we are going by whether the auction house is saying an outright lie when selling a card and saying it sold for X amount but money didnt change hands. If we have to point to specific instances on each end to make an argument for our side than its not an outright lie. I didnt say its a good thing what they are doing but its not an outright lie is my argument.