SUBJECT: BEWARE Steve Verkman, Keith Vari, Leland’s, Clean Sweep & Paragon auctions

[Leon]

Originally Posted by oldjudge

I think Verkman needs to step up and explain how he views this transaction.

I am sure he probably thinks a few things you should do too, Jay. I don't think Steve owes anyone an explanation more than I quoted him.

From what I have read, seen, and know, I don't think it's right to keep this thread on the front page to the detriment of the auction house, who has an auction closing soon. It doesn't look like they did anything wrong to me. Contracts can always be negotiated. I have done good and bad deals. The consignor didn't get a bad deal here, from what has been shown. But it can be talked about ad nauseam in this other section.

[the-illini]

Originally Posted by Leon

I am sure he probably thinks a few things you should do too, Jay. I don't think Steve owes anyone an explanation more than I quoted him.

From what I have read, seen, and know, I don't think it's right to keep this thread on the front page to the detriment of the auction house, who has an auction closing soon. It doesn't look like they did anything wrong to me. Contracts can always be negotiated. I have done good and bad deals. The consignor didn't get a bad deal here, from what has been shown. But it can be talked about ad nauseam in this other section.

Is this a new policy? Feel like I have seen threads that could have been detrimental to an auction house during a live auction on the main board plenty of times.

[Gorditadogg]

Originally Posted by the-illini

Is this a new policy? Feel like I have seen threads that could have been detrimental to an auction house during a live auction on the main board plenty of times.

You know, the poster wasn't even a member on this board. It was his first post. Most of us are very sympathetic to anyone's complaints on here, whether it's about evil Ebay, corrupt FedEx or big uncaring auction houses.

Usually you get some insight behind the posts. If it's James, he's just letting off steam, if it's Yoda, he probably forgot his meds. But this is some random newbie poster looking to flame some well known AHs.

I don't see where he has any rights to broadcast on our forum. The thread is entertaining to me, but I am surprised that Leon allowed it in the first place.

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[Snapolit1]

Some obvious stupid negligence to gripe about is one thing, but not sure this is the best forum to trot out one side of a full blown breach of contract dispute.

Originally Posted by Gorditadogg

You know, the poster wasn't even a member on this board. It was his first post. Most of us are very sympathetic to anyone's complaints on here, whether it's about evil Ebay, corrupt FedEx or big uncaring auction houses.

Usually you get some insight behind the posts. If it's James, he's just letting off steam, if it's Yoda, he probably forgot his meds. But this is some random newbie poster looking to flame some well known AHs.

I don't see where he has any rights to broadcast on our forum. The thread is entertaining to me, but I am surprised that Leon allowed it in the first place.

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[jayshum]

Originally Posted by Snapolit1

Some obvious stupid negligence to gripe about is one thing, but not sure this is the best forum to trot out one side of a full blown breach of contract dispute.

Is this really a breach of contract dispute? More like a dispute about the fairness of the contract, but I don't think there's been any claim that the terms of the contract have been breached.

[Directly]

Was this 1805 signed document to trade a couple horses for some land a legal deal/document--a few years ago my father bought some land in Texas, Paid the man, signed all the legal documents etc. After the fact the seller thought he could have got more--and took my father to court to break-up the agreement. -- a deals a deal isn't it?

[BobbyStrawberry]

I haven't had any personal interaction with the parties involved, but it sure seems like OP ended up with a very bad deal. I can't imagine getting only 60% of the proceeds of my collection from an AH.

[conor912]

Originally Posted by BobbyStrawberry

I haven't had any personal interaction with the parties involved, but it sure seems like OP ended up with a very bad deal. I can't imagine getting only 60% of the proceeds of my collection from an AH.

Say you have an item with a fmv of $1000 and you consign it to an ah with a 20% bp and a 20% consignor fee. If a buyer is willing to pay fmv, that would but his high bid at $833 and change. Then 80% of that would be the consignor’s cut…in this case $666, or 67%. So 60% of the hammer, plus a cut of the bp, plus help with grading fees seem about right to me…but what do I know.

[bigfish]

Originally Posted by Gorditadogg

You know, the poster wasn't even a member on this board. It was his first post. Most of us are very sympathetic to anyone's complaints on here, whether it's about evil Ebay, corrupt FedEx or big uncaring auction houses.

Usually you get some insight behind the posts. If it's James, he's just letting off steam, if it's Yoda, he probably forgot his meds. But this is some random newbie poster looking to flame some well known AHs.

I don't see where he has any rights to broadcast on our forum. The thread is entertaining to me, but I am surprised that Leon allowed it in the first place.

Sent from my SM-S906U using Tapatalk

I wonder if the person who coached or told the OP to post this will show his face?

I have known Steve Verkman for over 35 years. I have 1000s of deals with him. I have never had any issues. He’s always been honest and up front in regard to terms.

If I had two truck loads of mediocre stuff and a few decent items I would be happy with a 15k advance and allow someone else to hustle all the lower end stuff for me at the agreed upon percentage. We all think our stuff is worth more than it is. I suspect the OP might be happy at the end once he gets a final check and sees all the work that was done.?

We don’t have very many details and it seems like several members are quick to judge with minimal info.

I think Leon handled this very well too.

I wish the OP well with any medical issue he is having and hope this works itself out and everyone is happy in the end.

[gunboat82]

Originally Posted by the-illini

Is this a new policy? Feel like I have seen threads that could have been detrimental to an auction house during a live auction on the main board plenty of times.

I don't know if different ads appear for different users, but the banner on my front page has a prominent Leland's ad. I imagine that has a lot to do with it.

[oldjudge]

Perhaps the original poster could, as fully as possible, list what was in the consignment. Any images would also be helpful. Things should have been fully inventoried in the contract, but save that, a public list now may help to alleviate possible issues later. Other questions that the consignor may want to try to resolve are how and for what amount is the collection insured for loss or damage. As a SoCal resident I can vouch for the fact that the unexpected can happen. Also, how will the consignor be compensated. My guess is that the auctioning of these items will take some time. Will the consignor be paid as things are sold or only at the end.

[Leon]

Originally Posted by the-illini

Is this a new policy? Feel like I have seen threads that could have been detrimental to an auction house during a live auction on the main board plenty of times.

No new policy. Every situation is different. My position stands.
Thanks
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