• When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.

Archived

This topic is now archived and is closed to further replies.

AUCTION ETHICS

Started by rinnson-migration,

3 posts in this topic

rinnson-migration

rinnson-migration

Posted
Posted

Saw this text from an ad from Robert Edward Auctions which is a major auction house for baseball cards. What do you think?

 

ABSOLUTELY NO CONFLICTS. And we mean it. We are not dealers. Robert Edward Auctions will never place a bid on material in our own auction. REA will never purchase material outright to offer at auction. With REA, bidders are guaranteed that they never have to worry about the auction house bidding against them on any lot in the auction - EVER. With REA, bidders also never have to worry about secret hidden reserves - EVER. These firm policies translate directly into greater and well deserved bidder confidence, and in turn higher prices for consignors. Many auctions are run by dealers offering material they own. This common practice exposes consignors and bidders to numerous irreconcilable conflicts - conflicts that can and do cost bidders and consignors money, and can ultimately make bidders uncomfortable even participating in the auction. These are conflicts that DO NOT EXIST with REA. You will never see a "Wanted to Buy" ad placed by REA. We are strictly a service firm - service is making sure your valuable material is presented in the most ideal manner to the widest audience, and sells for top dollar.

 

 

 

Link to comment
Share on other sites
awe4one

awe4one

Posted
Posted

Now that's an example of a collectibles auctioneer that gets it and recognizes the inherent hypocracy of Heritage's current set-up. Now let's see if they can get into the comics market....

 

 

Jim

Link to comment
Share on other sites
Go to topic listing