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Originally Posted by 1952boyntoncollector
but again, my argument is that you can easily 'sell' something as an auction house and it not be an outright lie if money doesnt change hands.
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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.
Quote:
Originally Posted by 1952boyntoncollector
The point was that I dont agree its an outright lie if an auction house says they 'sold' a card on their website when looking at past listings if money didnt change hands. I used the analogy of the housing market. That is all. Thanks
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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.
Quote:
Originally Posted by 1952boyntoncollector
I addressed this. It was banks money not the person's money.
There was fraud on the banks
In the baseball card market we dont know if the card was actually purchased or just sold unless the auction house tells us but in both cases the card was indeed 'sold'
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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.
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.