Superiors auction rule # 19
netrubicon
Posts: 677 ✭
This is what Superior says under rule # 19. of live auction bidding. (So basically, if you made a mistake, it would be binding no matter what).
19. SUPERIOR IS NOT RESPONSIBLE FOR ANY ERRORS IN BIDDING. A Bidder should make certain to bid on the correct lot and that the bid is the maximum plus the Buyer's Commission (15% for non-internet bids, 20% for internet bids) that he or she is willing and able to pay. Once the hammer has fallen and the Auctioneer has announced the winning Bidder, the Bidder is unconditionally bound to pay for the lot, even if the Bidder has made a mistake.
Collecting cleaned, scratched, scraped, AT and ugly POS coins for over 2 years now!
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That said, this wasn't an auction, it was a fixed price sale. If you see a dealer with a coin on their site for 1/1000 its value, do you hold them to it?
Don't trust'em.
Bad experience with those folks.
RR
<< <i>
Cant wait to hear his response. >>
Please post it as soon as you do.
Other than Rule #19, what are eBay's rules for something like this. What about that little message before you bid about your bid is a contract, binding, etc?
<< <i>you definitely have a beef. having said this, every coin auction house has the same clause about not errors in bidding, without exception. >>
And until you pay for the coin and have it in hand, they can cancel the sale.
22. Superior reserves the right to withdraw any lot at any time, even after the hammer has fallen, until the Bidder has taken physical possession of the lot. No Bidder shall have a right to claim any consequential damages if a lot is withdrawn, even after the auction sale. Auctioneer will have the final discretion to determine the successful bidder, cancel the sale, withdraw the item, or to reoffer and resell the article during or in a future sale or return it to the consignor. If any dispute arises after the sale, the Auctioneer's decision is conclusive.
Given the interesting terms and conditions of Superior's auctions, I would not hold it against someone who held Superior's feet to the fire on their rececent ebay auctions. It seems only fair....Mike
Rule #19--If you make a mistake, you are on the hook
Rule #22--If Superior makes a mistake, they can back out of any deal they see fit
Well, just looking at those two rules together, I can safely say those rules suck and stack the deck against bidders. I am waiting for their reply to netrubion, this should show how they handle a little pressure.
This will be fun to watch.
<< <i>Superior's rules here do not apply. This was not a live auction, this was an ebay auction. Ebay's rules apply. If someone decides to push the issue in court, Superior will have some problems (maybe even win the case, but it will cost them a whole lot of $ to do so).
This will be fun to watch. >>
It will cost someone more than Superior.
It cost money just to start a claim.
<< <i>
<< <i>Superior's rules here do not apply. This was not a live auction, this was an ebay auction. Ebay's rules apply. If someone decides to push the issue in court, Superior will have some problems (maybe even win the case, but it will cost them a whole lot of $ to do so).
This will be fun to watch. >>
It will cost someone more than Superior.
It cost money just to start a claim. >>
That may be true, but some eager young lawyer or an older one wanting to brush up on their contract law would probably do it for kicks--even more so if a few of the buyers joined forces.
<< <i>That may be true, but some eager young lawyer or an older one wanting to brush up on their contract law would probably do it for kicks--even more so if a few of the buyers joined forces. >>
There are plenty of attorneys on CU forum who might be part of the group of buyers or willing to give it a try for grins.
Where's that popcorn-eating emoticon when you need it!?
<< <i>How much money are you guys talking about? The 10 items I won are worth more than 20K according the CDN Bid
Well, on a contingency of 1/3, a successful case would net $6,000+ for the attorney just for your items. There are still 48 more items out there.
<< <i>I can't wait to see how this plays out. Definitely going to stay away from Superior with rules like 19 & 22. >>
All auction houses have similar conditions.
<< <i>Superior's rules here do not apply. This was not a live auction, this was an ebay auction. Ebay's rules apply. If someone decides to push the issue in court, Superior will have some problems (maybe even win the case, but it will cost them a whole lot of $ to do so).
This will be fun to watch. >>
But what is the recourse on an eBay auction? eBay doesn't enforce their rules. My guess the probable outcome would be is some swapping of negs.
If I only had a dollar for every VAM I have...err...nevermind...I do!!
My "Fun With 21D" Die State Collection - QX5 Pics Attached
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There are plenty of attorneys on CU forum who might be part of the group of buyers or willing to give it a try for grins.
I doubt it.
Where's an attorney when you want one?
<< <i>Take SG to small claims count in your state;No lawyer is needed. And the only fee is for the court fees. Find out what the maxium amount of money you can be awarded in your states small claims court and file for the maxium or the price guide cost for that coin. Let SG spend time and money defending the claim. Bring all the information along and the terms for E-Bay auctions. You should get a claim against SG for breach of contract. >>
Evil! just evil!
I'd give you the world, just because...
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