Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Kinda shocked!
>
Reply to Thread
Message:
<p>[QUOTE="dougsmit, post: 8276028, member: 19463"]I have similar questions which I expect to be blown off by those in the business. If the winner refused to pay for the coin (or was unable) or if he had bid under some sort of purchase limit through which his winning bid was canceled, I would expect not only his winning bid to be erased but all of his lower bids that pushed you up to the level of your last bid. If the two of you were the only bidders on the lot, you might have won it at start but allowing his fake bids considerably increased the realization. Of course erasing those bids would do wrong to the consignor since someone else might have bid against you had they not seen the unbeatable winner was bidding. It would seem a "can't win" situation. I would have in the very least thought it appropriate for you to be contacted by the house and had the situation explained offering you options rather than just adding the coin to your tab. Problems like this are part of any business dealing and how they are handled show us who are the professionals and who are not worthy of long term patronage.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 8276028, member: 19463"]I have similar questions which I expect to be blown off by those in the business. If the winner refused to pay for the coin (or was unable) or if he had bid under some sort of purchase limit through which his winning bid was canceled, I would expect not only his winning bid to be erased but all of his lower bids that pushed you up to the level of your last bid. If the two of you were the only bidders on the lot, you might have won it at start but allowing his fake bids considerably increased the realization. Of course erasing those bids would do wrong to the consignor since someone else might have bid against you had they not seen the unbeatable winner was bidding. It would seem a "can't win" situation. I would have in the very least thought it appropriate for you to be contacted by the house and had the situation explained offering you options rather than just adding the coin to your tab. Problems like this are part of any business dealing and how they are handled show us who are the professionals and who are not worthy of long term patronage.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Kinda shocked!
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...