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<p>[QUOTE="imrich, post: 2431006, member: 22331"]Did the name of the auction house begin with an H? I had a similar incident ~2 decades ago, after having been a prominent winner of their U.S. Classic Gold coin auctions, having spent many thousands of dollars with them.</p><p><br /></p><p>I always placed odd sums (e.g. $1,347.28) maximum bids, and placed my bids at the auction onset. The winner of one of my multiple won auctions was shown to have a bid identical to mine, and I was billed for the other auctions, less the same bid auction.</p><p><br /></p><p>I tried calling for an explanation, wrote letters, never receiving anything other than threatening responses, demanding immediate payment for the remaining auctions billed. I informed them that without a proper explanation, I didn't want their coins.</p><p><br /></p><p>I posted queries in forums, receiving responses that the firm was known to place what was commonly known as shill bids, but also called house bids.</p><p><br /></p><p>The firm eventually started selling coins on eBay where I won many auctions, and the inundation of e-mails, requests to consign, offers to meet in my locale, etc..</p><p><br /></p><p>After a relatively recent documented offer to meet locally if I consigned a 5 figure sum, and great effort on my part to properly document all pertinent details in advance, they failed to honor at the last moment without explanation. I posted a thorough explanation of the event in this forum to warn others of actions in violation of my states statutes.</p><p><br /></p><p>Although we've very restrictive legislation in our state pertaining to the sales of "bullion", and bait/switch tactics which would have included their violations, I never reported.</p><p><br /></p><p>I like to believe in Karma and future outcomes, which has served me well, but may be considered by the OP.</p><p><br /></p><p>JMHO[/QUOTE]</p><p><br /></p>
[QUOTE="imrich, post: 2431006, member: 22331"]Did the name of the auction house begin with an H? I had a similar incident ~2 decades ago, after having been a prominent winner of their U.S. Classic Gold coin auctions, having spent many thousands of dollars with them. I always placed odd sums (e.g. $1,347.28) maximum bids, and placed my bids at the auction onset. The winner of one of my multiple won auctions was shown to have a bid identical to mine, and I was billed for the other auctions, less the same bid auction. I tried calling for an explanation, wrote letters, never receiving anything other than threatening responses, demanding immediate payment for the remaining auctions billed. I informed them that without a proper explanation, I didn't want their coins. I posted queries in forums, receiving responses that the firm was known to place what was commonly known as shill bids, but also called house bids. The firm eventually started selling coins on eBay where I won many auctions, and the inundation of e-mails, requests to consign, offers to meet in my locale, etc.. After a relatively recent documented offer to meet locally if I consigned a 5 figure sum, and great effort on my part to properly document all pertinent details in advance, they failed to honor at the last moment without explanation. I posted a thorough explanation of the event in this forum to warn others of actions in violation of my states statutes. Although we've very restrictive legislation in our state pertaining to the sales of "bullion", and bait/switch tactics which would have included their violations, I never reported. I like to believe in Karma and future outcomes, which has served me well, but may be considered by the OP. JMHO[/QUOTE]
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