Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Unethical? Auction House Practices.
>
Reply to Thread
Message:
<p>[QUOTE="medoraman, post: 1979413, member: 26302"]I would bring it up to the auctioneer that he is fraudulently not properly identifying items he is selling. Maybe he truly doesn't know, but I wouldn't bet on it. Years ago I was a friend of a local coin dealer. Every week a local auctioneer came in to buy one or two problem small gold pieces, half a roll of low grade or problem morgans, and a couple of rolls of junk silver. He took them to his auction and pretended "there could be some real rarities here, they are from a local estate" and basically about doubled his money every week. </p><p><br /></p><p>I asked the dealer if he knew waht was going on and he said yeah, he did. It was not his fault, though, and as long as he sold the coins properly described and at a fair price he slept at night. He said he cannot control what others did with them. I do agree with him he was not at fault at all, (he was probably the best dealer I have ever known), but the auctioneer is a shyster who knew full well what he was doing, though he feigned ignorance about coins. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1979413, member: 26302"]I would bring it up to the auctioneer that he is fraudulently not properly identifying items he is selling. Maybe he truly doesn't know, but I wouldn't bet on it. Years ago I was a friend of a local coin dealer. Every week a local auctioneer came in to buy one or two problem small gold pieces, half a roll of low grade or problem morgans, and a couple of rolls of junk silver. He took them to his auction and pretended "there could be some real rarities here, they are from a local estate" and basically about doubled his money every week. I asked the dealer if he knew waht was going on and he said yeah, he did. It was not his fault, though, and as long as he sold the coins properly described and at a fair price he slept at night. He said he cannot control what others did with them. I do agree with him he was not at fault at all, (he was probably the best dealer I have ever known), but the auctioneer is a shyster who knew full well what he was doing, though he feigned ignorance about coins. :([/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
>
Coin Chat
>
Unethical? Auction House Practices.
>
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...