HERITAGE NUMISMATIC AUCTIONS, INC. V. STIEL CRAIG STODDART JUSTICE On Appeal from the 162nd Judicia

I just want everybody to be safe and cautious . Please wait until the end of trail to judge.

 

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Good luck.

 

Happy trails..............


or trial?

 

Praying for you, Hugh.

 

I'm assuming that you've a reasonable understanding of Heritages antics, although your posts indicate NOT.

In order to implement a violation of our states/federal legislation, I had to properly respond as an "uninformed" trusting client to their dishonorable promises.

I complied in all respects to lies/promises (well documented) by an "officer" of their firm, until they reneged, requesting that I trust them by sending a considerable 5 figure lot to their out-state location. I knew that based on numerous factors, we had a probable case, and didn't forward my possessions which were understood to be personally appraised in my locale by the officer, receipted, and taken for consignment.

This well documented transaction was reported on this site as a warning to others, possibly more trusting, not having had past adverse dealings with this firm. I don't understand why they still send documents to me, and have recently allowed bidding by myself, when they openly state that they will not deliver to my locale.

I believe that this action is a prelude to future efforts, curtailing possibly adjudged dishonorable inter-state transactions.

I believe a caveat to the aforementioned information is: caveat venditor and caveat emptor

Dishonorable transactions/discourse appear to be a normal process for business/politics?, often found to be undesirable, but legal.

JMHO

 

I'm not sure quite what you're indicting me of not knowing at the top of your post, but I know only what I've heard, never having sold through Heritage. It's not a flattering picture very often. That much I "know". I also know they pursue their interests with a fervor that is hard to compare, even when doing things in another manner would create a better outcome for the consignor. I've heard all the horror stories.

I know, and Heritage surely knows, that they have something every coin seller needs- access to buyers who trust them. And they use that rare thing to leverage the seller to their purposes.

 

Your synopsis statement: "I also know they pursue their interests with a fervor that is hard to compare" is believed to be an understatement.

Your previous statement: "There are tons of very wealthy morons out there. Stuff sometimes just happens.", appears to indict the plaintiff (OP), perpetrating loss by his stupidity, rather than by the calculating unfathomable actions of the defendant.

I once was the victim of a seemingly similar? commodities scam, but we eventually established a new residence for the perpetrators in a regulated industry. I believe this industry was "unregulated" at the time of "subject" action initial filing. Current new legislation, in conjunction with Federal authorities cooperation, may ameliorate future similar incidents.

I may have underestimated your comprehension, or overestimated an investors abilities.

JMHO

 

If anyone's goal is to put people such as Heritage in a position where they have a similar fiduciary responsibility to their clients' interests that exists, at least on paper (actual events sometimes differ from law and other paperwork) in the securities business, then they are truly doing God's work. I wish them well, and as a Research Analyst for a state representative / Committee Chairman, I'd love to be a part of making that so in Pennsylvania, if it needs state, as opposed to federal, legislative attention. Next year, my Member, who is unopposed, will be #1 in seniority of all 253 members in the PA General Assembly, and he has a consumer protection streak a mile wide.

 

Can we please stop trying to micro-legislate everything. Heritage is a business, businesses operate to make money. No one is forced to used Heritage or any other auction house, they willingly agree to the terms they are offered or find somewhere else to sell their stuff. There are already laws in place for breaches of contracts if one were to occur

 

You can do as you'd like, as all we're doing is moving the litigation from local civil courts to national Federal courts for oversight of interstate commerce.

This industry isn't any longer a Mom-n-Pop local business of 3 decades past, having grown to an uncontrolled monstrosity, seemingly without national standards for accreditation or operation.

It's believed that since the supposed organizations controlling standards for the industry are seemingly impotent or possibly part of the problem, national oversight/legislation? is required.

There are supposed standards for virtually all industries handling the funds of U.S. Citizenry, this shouldn't be an exception. It's shameful that a client resides in a state other than the perpetrator, and must act, seek retribution, in the offenders jurisdiction/locale.

The process/legislation already's been successfully generated/amended with positive results for suspension of activities, through the Federal courts.

The subject action may be impetus for further equity in national adjudication.

Another example of seemingly similar inequity is the PayPal class action lawsuit which I believe requires plaintiffs to file justification for damages 12 years after initial filing in a CA court.

Adjudication/Retribution appears more efficient/equitable in the Federal Judicial system.

JMHO

 

Yes the definition of micro-litigating.

No one believes that. Every-time something happens anywhere you start going on about how federal regulation will save the day and be the protector of us all. Auction houses wouldn't be successful if they were so broken that they needed the feds monitoring their process.

That is how the law works. It has worked that way for a long time. Supposed infractions occur at the place of business or the site of the auction not at your house you mailed it from.

 

"micro-litigating"? The criteria for Federal action is far more onerous?

"No one believes that. Every-time something happens anywhere you start going on"? Have your exaggerative skills increased?
"Auction houses wouldn't be successful"? Ebay appears quite successful with their fee structure and stated code of ethics/warranty?

"Supposed infractions occur at the place of business"? I believe you'll find "times have changed" if you investigate recent successful convictions?

Enough said!! I believe part of the problem has been identified!! Futile exercise!!

 

No exaggeration. One person gets scammed and you want all dealers federally regulated. One person makes a claim against Heritage which so far has been unsubstantiated and you want auction houses federally regulated. I believe it was also you who has advocated on several occasions for federally regulated grading. Your solution to basically every problem has always been proposing for it to be federally regulated.

 

I suggest everyone who wants things federally regulated should be federally reguated.

The ancient Greeks had a good plan whereby you could propose a new law but if the people voted it down you got exiled or executed. Yea! Lets have that back!

 

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I believe your wish/suggestion has been granted, although probably not to the degree of where it's believed that you reside. Virtually all aspects of our lives are controlled by the Federal system from birth through death, with a new Federal system to majorily acquire the remaining estate assets. The states literally start their taxation/confiscation process based upon the federal return. I reside on an interstate river, and my entire property is subject to the whims of Federal minions.

I haven't meant to suggest Federal regulation, but merely Federal adjudication in interstate commerce transactions, which we are currently accomplishing by state legislation and Federal oversight/adjudication when interstate commerce results in fraudulent transactions, normally requiring intrastate adjudication.

I totally agree with the Greek approach, as it would probably resolve the intransigence of government legislation, and reduce legislative entitlements amongst governing members.

JMHO

 

You are right. This is an interlocutory appeal on the trial court's denial of Heritage's Motion to Compel Arbitration. It does not address the merits of the case.

 

I don't think anyone is judging. Rather, the criticism I have seen has been limited to suggesting that you keep matters private during litigation. This is for your own protection. We all saw how chatroom comments impacted the Langboard litigation on the 1933 Saint Gaudens Double Eagles, and it wasn't pretty.

 

Ya know Rich? With a few extra bourbons I understand you completely........I suspect that's what most of our lawmakers drink.....or did drink.

 

I totally understand. It doesn't help that the quoted post is truncated, my response is written as if it will be queried in a discovery process, readers desire brevity, and I also believe that a "calming influence" is necessitated for succinct document generation, as you require for comprehension. LOL