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An auction house that will list a coin condemned by Sear
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<p>[QUOTE="Nerva, post: 3030457, member: 87761"]It comes down to reputation rather than contract. Irrespective of what the terms say, and irrespective of how this is ultimately resolved, these guys aren't to be trusted. I hope their name will be shared here, because this should be public.</p><p><br /></p><p>In general warranties are so hedged as to be practically unenforceable in court. There are often differences of opinion that might be legitimate. Leu (which I regard well) says: "The buyer shall prove at his own expense that the auction item is a counterfeit. The auctioneer may require the buyer to have his own expert report prepared by two independent experts in his field. However, the auctioneer is not bound to these expert opinions and may obtain additional advice from a specialist at his own expense." That puts a lot of expense on the claimant, and gives them a massive loophole. Very hard to make a legal argument in context of that clause. But one hopes that in practice they will behave decently if presented with good evidence of fakery.[/QUOTE]</p><p><br /></p>
[QUOTE="Nerva, post: 3030457, member: 87761"]It comes down to reputation rather than contract. Irrespective of what the terms say, and irrespective of how this is ultimately resolved, these guys aren't to be trusted. I hope their name will be shared here, because this should be public. In general warranties are so hedged as to be practically unenforceable in court. There are often differences of opinion that might be legitimate. Leu (which I regard well) says: "The buyer shall prove at his own expense that the auction item is a counterfeit. The auctioneer may require the buyer to have his own expert report prepared by two independent experts in his field. However, the auctioneer is not bound to these expert opinions and may obtain additional advice from a specialist at his own expense." That puts a lot of expense on the claimant, and gives them a massive loophole. Very hard to make a legal argument in context of that clause. But one hopes that in practice they will behave decently if presented with good evidence of fakery.[/QUOTE]
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