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<p>[QUOTE=&quot;IdesOfMarch01, post: 3101420, member: 39084&quot;]While I agree that, based on this description, the auction house acted reprehensibly, I also echo lrbguy&#039;s observations above:</p><p><br /></p><p>1. ALWAYS read the auction site&#039;s, and auctioneer&#039;s, <i>Terms and Conditions</i>.&nbsp; My experience reading these documents is that they&#039;re NOT the dense legalese that most non-lawyers think they are.&nbsp; In general, they&#039;re easy to understand and don&#039;t have many surprises.</p><p><br /></p><p>2. Determine whether or not your apparently winning bids fulfilled the terms of the agreement.&nbsp; For example, does the auctioneer have the right to impose a hidden or explicit reserve on the coins being auctioned?&nbsp; If so, maybe your bids were below the reserves and the auctioneer didn&#039;t explicitly tell you that they were.&nbsp; </p><p><br /></p><p>3. If you cannot find any terms that you violated (it&#039;s not sufficient for the auctioneer to cancel your winning bids because they &quot;...felt they had finished at too low a price...&quot;), you should state firmly, in writing, that your bids fulfilled all the terms of the auction and that the auctioneer is obligated to sell the coins to you at your final bid price.&nbsp; </p><p><br /></p><p>4. If the auctioneer responds in an unsatisfactory or deceptive manner, escalate the issue to the auction venue itself using all the written correspondence between you and the auctioneer.</p><p><br /></p><p>5. Finally, if both the auctioneer and the auction venue refuse to abide by the written terms and conditions, you have the option of publicizing the names of the entities involved (on this site and others) and of course not doing business with those entities in the future.</p><p><br /></p><p>As maddening as a situation like this may be, there also may be legitimate reasons the auctioneer canceled your winning bids and it&#039;s worthwhile to thoroughly investigate those potential reasons before taking the next steps.[/QUOTE]</p><p><br /></p>

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