shady alert: heritage "buy it now" feature questions...

[Stonepony]

It's astounding an AH admits to the right to bid in its own auctions...and gets a pass from most of us.

[earlywynnfan]

Originally Posted by Stonepony

It's astounding an AH admits to the right to bid in its own auctions...and gets a pass from most of us.

+1000!!! I wonder how many who are hammering away at Goldin and others on the Mastro thread bid in last weekend's Heritage Platinum whatever??

[Mdmtx]

I didn't bid. On principal I would not buy a 100k card. And cause I don't have that kind of green. Lol

[begsu1013]

Originally Posted by Stonepony

It's astounding an AH admits to the right to bid in its own auctions...and gets a pass from most of us.

kinda on the fence about this one actually...

it is allowable by law, but i wont bid on any of their auctions now knowing i'm at a 20%, sorry 19.5%, disadvantage right outta the gate.

i don't necessarily think bad of them because they are acting in accordance w/ state and local law even though it was "fine print" and probably the sole reason they are headquarted in tx. similar to golf and using the rules to your advantage. are you really gonna hit the ball off the actual cart path?

would, however, like to know who receives the actual 20% buyers premium...that's a very crucial and key component to the argument on this one.

firmly believe if heritage ends up winning it themselves, then it should have to be paid and it should go to the consigner.

wishful thinking, i know.

[jhs5120]

Virtually every large auction house allows employees to place bids in house lots. I know I can.

[ValKehl]

Originally Posted by Stonepony

It's astounding an AH admits to the right to bid in its own auctions...and gets a pass from most of us.

I wonder how many of these Heritage BINs and Make-an-Offers are actually owned by Heritage or its employees.
Val Kehl

[begsu1013]

and as of today,

still no response (phone or email) from heritage about the "bin" card that I committed to.

[begsu1013]

for what it's worth...

did get a call back from an individual who headed the department which is in charge of these "buy it now" listings.

basically said the prices listed by owners are not really monitored or kept up w/ internally and that the seller is in no way obligated to honor the "bin" price they have set .

and while the card was listed for months, he agreed that this was a very strange occurrence w/ another bid coming in a mere 3 minutes after i hit the buy it now*

that he has never seen anything like that transpire since he has been there.

and that the terminology and most of the process needs to be reexamined and will most likely be changed in the near future.

*and for the record, he did indicate that the card did, indeed, sell to another client for $100 more than what the buy it now was listed for.


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considering the other consignment snafu / mexico operation crap....heritage never had this card either. what is to stop these guys from purchasing a high end card from heritage, get it shipped to 'feiters, duplicate the holder/flip, relist the fake w/ the "bin" feature, send whoever the fake card. they'd get to register it no problem and probably would never think twice...counterfeiters simply wait a lil while and then sell off the real card...

basically selling or even listing an item that isn't in your possession simply leaves too much on the table to go wrong, imo.

if heritage is reading and i think they are, i would reexamine this process as well...

[glchen]

I think you have to be the original buyer of the card from a Heritage auction in order to get it listed as a BIN/BO on their site. Therefore, the likelihood of counterfeits, etc, is very low. Heritage has all of the seller's info, so if the item were found to be an issue, it's too easy for it to be traced to you.

[begsu1013]

exactly what i am saying though...

who's to stop the counterfeiters from buying a card from heritage.

counterfeiting it. relisting the counterfeit w/ heritage thru the bin program...

(since they do not require that the card be in house, simply use previous scans)

selling it. the guy can add the fake one to his set, bc no one else should be claiming the cert.

and then reselling the good card a few months later.

guy wont know he was duped on the relisted heritage card until the guy that buys the real card tries to add it.

that's months down the road and the guy is a ghost again.

granted, it's a one and done scenario, but could very easily be attempted and would probably go over fairly easily considering it seems to be pretty lax at listing a "bin" over there and there's previous history...

"of course, he's still got the card, he just bought it from us"

not saying it's likely...

but i just think the idea of listing something w/o having the card in hand, in just about any capacity is opening up a can of unnecessary worms for all involved.

[Kenny Cole]

Originally Posted by begsu1013

for what it's worth...

did get a call back from an individual who headed the department which is in charge of these "buy it now" listings.

basically said the prices listed by owners are not really monitored or kept up w/ internally and that the seller is in no way obligated to honor the "bin" price they have set .

and while the card was listed for months, he agreed that this was a very strange occurrence w/ another bid coming in a mere 3 minutes after i hit the buy it now*

that he has never seen anything like that transpire since he has been there.

and that the terminology and most of the process needs to be reexamined and will most likely be changed in the near future.

*and for the record, he did indicate that the card did, indeed, sell to another client for $100 more than what the buy it now was listed for.


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considering the other consignment snafu / mexico operation crap....heritage never had this card either. what is to stop these guys from purchasing a high end card from heritage, get it shipped to 'feiters, duplicate the holder/flip, relist the fake w/ the "bin" feature, send whoever the fake card. they'd get to register it no problem and probably would never think twice...counterfeiters simply wait a lil while and then sell off the real card...

basically selling or even listing an item that isn't in your possession simply leaves too much on the table to go wrong, imo.

if heritage is reading and i think they are, i would reexamine this process as well...

So the prices on their website are "not monitored." No obligation to honor a BIN. Really? So if the BIN, which is evidently not an offer to actually sell a card for the price listed, doesn't meet some predeterimined other number that no one knows about, the card doesn't sell. WTF is that? I guess transparency isn't much of an issue. I'm out.

[RichardSimon]

At this point in time in this hobby you can count the ethical auction houses on two or three fingers,and maybe that is an optimistic number.

[bnorth]

Originally Posted by RichardSimon

At this point in time in this hobby you can count the ethical auction houses on two or three fingers,and maybe that is an optimistic number.

I would say very optimistic. I recently bought my first item from a auction house and I 100% believe they changed the item description after the auction closed. When I bought the item it was described as game used. Now the listing says nothing about game used and it is described as professional model.

I am waiting for their next auction so I can take before and after shots of their listings for solid proof or I would out the a$$holes now. I talked to another member who was very unhappy with a purchase from the same place and he thinks the same happened to him.