Live Auctioneers Listings - Anomally - I'm Confused

[gonefishin]

I know you have to take "feedback" for what it is, but I looked through recent feedback for the auction houses I'm speaking of. Attached is what I would picture could happen if more than one auction house is selling a card - not a cheap card either.

This person was trying to recoup 10K for a card. Thats a lot of money for an auto charge on your credit card.

In addition, that seemed to be a theme with a lot the feedback I sorted through. A person was registered for the auction, maybe placed a bid but didn't win, and then their on-file credit card was automatically billed for an amount. The person then was left scrambling to get their money back for an item them didn't win but was charged.

The attached screenshot is small print but was the best I could do.

[jayshum]

Originally Posted by gonefishin

I know you have to take "feedback" for what it is, but I looked through recent feedback for the auction houses I'm speaking of. Attached is what I would picture could happen if more than one auction house is selling a card - not a cheap card either.

This person was trying to recoup 10K for a card. Thats a lot of money for an auto charge on your credit card.

In addition, that seemed to be a theme with a lot the feedback I sorted through. A person was registered for the auction, maybe placed a bid but didn't win, and then their on-file credit card was automatically billed for an amount. The person then was left scrambling to get their money back for an item them didn't win but was charged.

The attached screenshot is small print but was the best I could do.

The screenshot you posted says they didn't want the card but isn't clear as to why. I would think that means they did win it which would explain the auto billing.

[frankbmd]

Collectors flip cards.

Perhaps Auction Houses flip as well.

[doug.goodman]

My thread from last year about the same issue...

https://www.net54baseball.com/showthread.php?t=347771


Three Kings Auction, 1732 Aviation Blvd, Redondo Beach, CA 90278, (323) 510-6312
Pacific Global Auction, 46 Peninsula Center, Rolling Hills Estates, CA 90274, (323) 510-6312
Golden Gate Auctioneer, 1732 Aviation Blvd, Redondo Beach, CA 90278, (323) 510-6312

Doug "cough, scammers, cough" Goodman

[gonefishin]

Amazing Doug. I had no idea your previous thread existed. I guess the same things are still happening today.

Stupid me, I thought when you purchased something from an auction house they either had it hand or had direct access to it (vault, etc.). I know that everything I have sold through a reputable auction house I turned possession over to them at the time of signing the agreement.

[swarmee]

Sometimes it's even accessible behind the desk of a Best Western... ;-)

But yes, there are many auctioneers/resellers who will drop ship items because not everyone looks everywhere for the same items. They assume if you see theirs first and decide to buy it, they'll be able to purchase from the real owner (on eBay or elsewhere) and then send it to the buyer in time.

[Yoda]

Right now, there is via LA, a nice autographed Chuck Klein photo up for auction. This has been Chuck's 4th or 5th trip around the auction mill without a buyer, which only exemplifies the practices already described. I only wonder if there some some sort of contract LA holds with the other auction houses so that everybody gets a cut and the buyer gets a hyped-up card that he probably paid more than he should have.