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  #1  
Old 10-03-2023, 12:56 PM
parkplace33 parkplace33 is offline
Drew W@i$e
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Quote:
Originally Posted by Peter_Spaeth View Post
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.
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  #2  
Old 10-03-2023, 01:23 PM
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Peter_Spaeth Peter_Spaeth is offline
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Originally Posted by parkplace33 View Post
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?
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Old 10-03-2023, 01:26 PM
parkplace33 parkplace33 is offline
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Originally Posted by Peter_Spaeth View Post
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.
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  #4  
Old 10-03-2023, 01:29 PM
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Peter_Spaeth Peter_Spaeth is offline
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Originally Posted by parkplace33 View Post
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.
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  #5  
Old 10-03-2023, 01:30 PM
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calvindog calvindog is online now
Jeffrey Lichtman
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Quote:
Originally Posted by parkplace33 View Post
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.
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  #6  
Old 10-03-2023, 02:00 PM
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Even if there was a redo, which almost certainly isn't going to happen, the rules would have to be amended or the same unfair result could happen again.
There would need to be thirteen lots, the twelve individual cards plus the complete set lot. All thirteen lots would have to remain open until no bids are received on any of the thirteen lots for 30 minutes. That way no bidder can be shut out.
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  #7  
Old 10-03-2023, 02:00 PM
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nolemmings nolemmings is offline
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The outcome is not going to change-- the individual card winners will get their cards.

I am not taking sides, and would emphasize that this all falls on Heritage for not clarifying the rules and/or adjusting its software to allow for the type of bidding that Powell believed was in effect. Still, I believe the ship has sailed, and it does not matter if the AH has not sent out the cards.

If I were a winner of one of the 12 I would be pissed if they changed it now. Had I known I was foreclosed from bidding a half hour or whatever earlier and that my efforts to win my lot were basically a nullity, I could have used that tens of thousands of dollars (or more) to go after other cards I wanted that were still active at the time. Instead I'll take nothing and like it?

IMO the rules as they played out were not unconscionable. Bidders are for the most part at the mercy of others to get to the finish line in an auction set up like this one. "Winners" of the individual lots have to hope that others bid up the remaining cards in order to actually exceed the set chaser, and the latter has to hope that there is competition for his lot so that he can keep bumping his bid. Not an ideal format and not necessarily fair, but I can see it as a reasonable interpretation of the rules.

Just out of curiosity, suppose the Complete set lot never went to extended bidding-- that Powell put in the initial bid and that when initial bidding ended, it was greater than the aggregate 12 singles. Is it the view of this forum that he should have won then and there-- that none of the 12 individual lots would be subject to extended bidding? If so I understand your logic, but could only imagine the outcry that would have generated.
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Last edited by nolemmings; 10-03-2023 at 02:04 PM.
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  #8  
Old 10-03-2023, 03:41 PM
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I wonder if the high bidder of the set wasn’t a well known collector, if everyone would be so up in arms.

I mean the set/cards were up for auction for a month or so and no one seemed to have any issues with the format…
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Old 10-03-2023, 04:04 PM
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Quote:
Originally Posted by notfast View Post
I wonder if the high bidder of the set wasn’t a well known collector, if everyone would be so up in arms.

I mean the set/cards were up for auction for a month or so and no one seemed to have any issues with the format…
I don’t have a clue who Powell is. I’m just pissed at Heritage’s incompetence and failure to acknowledge its obvious mistake.
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Old 10-04-2023, 09:28 PM
Aquarian Sports Cards Aquarian Sports Cards is offline
Scott Russell
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Quote:
Originally Posted by notfast View Post
I wonder if the high bidder of the set wasn’t a well known collector, if everyone would be so up in arms.

I mean the set/cards were up for auction for a month or so and no one seemed to have any issues with the format…
Because there was no issue for a month. The issue came in when the set improperly closed while bidding on the individual cards was still active, preventing the competition that is the point of an auction.

To those of you who keep pointing out the verbiage of the auction, this seems to be what you're not getting. Yes Powell knew there was a chance the individual lots could be the winner, but he did NOT know he wouldn't be allowed to compete with those bidders.
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