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#1
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you will never know unless you are an employee whether they utalize this option or not. My hunch is that they wouldn't have this disclaimer unless they intended on shilling their own auctions. then they can say they aren't shilling , they are modifying bids based on article 21 of their auction rules.
I won't be bidding in Heritage auctions after reading their fine print. Why would you bother unless their is a card you absolutley have to buy. Last edited by T206DK; 05-06-2010 at 05:17 PM. |
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#2
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If I remember correctly there was another thread on the issue of bidding in there own auctions a couple of months ago. It's certainly a concern but I believe that Heritage (actually Pete) explained it in the previous thread. You may want to search that out. Didn't Heritage send a email note to all bidders at some point in early April stating that if there was a hidden reserve bids would be placed on those lots by 4/15 and not after. I think there intent or at least the way it was stated last time was the the rule was to protect a reserve.
By the way I did receive confirmation that my package did ship today. Last edited by old-baseball; 05-06-2010 at 05:27 PM. |
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#3
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wasn't that the thread where someone at Heritage admitted that they place bids before the auction starts and then he called it some sort of reserve bid. It's still shilling to me, sorry. I believe Peter had no issue with their policies due to their disclosure. If you don't read the fine print then you get what you deserve. You can assume nothing anymore when major auction houses are concerned. their is too much money too be made and the competition between the larger auctions is stiff. They all want the consignments and in return promise consignors certain results. Placing bids before an auction starts ensures that the consignor will be satisfied ( or at least thats what they hope I guess). It's all about $$ to these auction houses, never forget that.
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#4
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I wouldn't have a huge problem if they were placing bids prior to the start of the auction...if this is all they're doing. At least then if I outbid them it's because I was comfortable with that price....but if I've been bidding throughout and then in extended bidding I'm bidding against the house? I'd have a large problem with that!
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#5
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Well I received my winnings from REA...and I've received my latest ebay winnings...still waiting for my winnings from heritage...perhaps the rains holding things up?
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#6
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I received my wins from Heritage yesterday (in CA). These are from the Apr 18, 22, and 25th auctions. I haven't received my REA win yet, but I'm not really expecting them to ship it early for me since this is the first year I've registered and bid for REA, and I just sent the check on Thur.
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#7
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It's been so long that until I saw this thread I forgot I had stuff to be delivered. They've assured me my items are on the way...
Perhaps on the back of a slow yak driven by a blind man heading in the wrong direction?
__________________
Read my blog; it will make all your dreams come true. https://adamstevenwarshaw.substack.com/ Or not... Last edited by Exhibitman; 05-11-2010 at 04:08 PM. |
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