Winchester
New Member
Posts โข 232
Likes โข 46
December 2017
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After Auction - Second thoughts, by Winchester on Jun 10, 2021 19:12:12 GMT 1, Hey guys,ย I think we all passed through this... We bid at an auction, we win it, then second thoughts hit. - What if it is a fake? You might be more expert in this. Can you retract from a bid? Can you call a fake before receiving the item? Let me know your thoughts! D.
If you at any time think it's fake, question it. An auction house has to be transparent and responsible for insuring costumers get a legitimate item.
Hey guys,ย I think we all passed through this... We bid at an auction, we win it, then second thoughts hit. - What if it is a fake? You might be more expert in this. Can you retract from a bid? Can you call a fake before receiving the item? Let me know your thoughts! D. If you at any time think it's fake, question it. An auction house has to be transparent and responsible for insuring costumers get a legitimate item.
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rogerwu99
New Member
Posts โข 141
Likes โข 93
April 2017
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After Auction - Second thoughts, by rogerwu99 on Jun 10, 2021 20:17:21 GMT 1, Be careful ... depending on the auction house it is "as is" and they use deceptive terms like "after" or "in manner of" ... buyer beware unless it is a larger reputable house. (tons of live auctioneers that only sell "afters" that always go unsold until one guy pays $50K for an original "after" warhol)
Be careful ... depending on the auction house it is "as is" and they use deceptive terms like "after" or "in manner of" ... buyer beware unless it is a larger reputable house. (tons of live auctioneers that only sell "afters" that always go unsold until one guy pays $50K for an original "after" warhol)
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startimeash
Junior Member
Posts โข 1,277
Likes โข 1,731
March 2019
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After Auction - Second thoughts, by startimeash on Jun 10, 2021 21:59:13 GMT 1, I bought a Lichtenstein print at auction but almost immediately had a bad feeling (got caught up in the moment and shouldโve taken a pause). Questioned the authenticity immediately, and the auctioneers cancelled the bid without even contacting me back. Later found I was banned from their bidding platform. As it turned out, they did me a favour. Had bought autographs from the same auctioneers that I later found out (after the Lichtenstein incident) were basically worthless. If you have doubts then speak to the auctioneers. If theyโre legit then they should do as much as they can to reassure you, even after youโve bid.
I bought a Lichtenstein print at auction but almost immediately had a bad feeling (got caught up in the moment and shouldโve taken a pause). Questioned the authenticity immediately, and the auctioneers cancelled the bid without even contacting me back. Later found I was banned from their bidding platform. As it turned out, they did me a favour. Had bought autographs from the same auctioneers that I later found out (after the Lichtenstein incident) were basically worthless. If you have doubts then speak to the auctioneers. If theyโre legit then they should do as much as they can to reassure you, even after youโve bid.
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irl1
Full Member
Posts โข 9,274
Likes โข 9,380
December 2017
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After Auction - Second thoughts, by irl1 on Jun 10, 2021 23:12:28 GMT 1, What auction house? Did you make the payment yet?
What auction house? Did you make the payment yet?
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irl1
Full Member
Posts โข 9,274
Likes โข 9,380
December 2017
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After Auction - Second thoughts, by irl1 on Jun 11, 2021 11:43:01 GMT 1, Hey guys, I think we all passed through this... We bid at an auction, we win it, then second thoughts hit. - What if it is a fake? You might be more expert in this. Can you retract from a bid? Can you call a fake before receiving the item? Let me know your thoughts! D. Auction houses have a responsibility to sell genuine stuff and not cheat people. But then, on the other hand, all auction houses also say, all sales are final and items are sold 'as is'. It is up to the buyer to decide if it is what they want and if they bid then they are entering in to a legally binding contract to buy the item. Always read the T & C
1. Ask for the provenance (receipts for toys) if they don't reply WALK 2. Ask for a condition report 3. Ask for a shipping quote, this can often be more than you pay for the lot!
Hey guys, I think we all passed through this... We bid at an auction, we win it, then second thoughts hit. - What if it is a fake? You might be more expert in this. Can you retract from a bid? Can you call a fake before receiving the item? Let me know your thoughts! D. Auction houses have a responsibility to sell genuine stuff and not cheat people. But then, on the other hand, all auction houses also say, all sales are final and items are sold 'as is'. It is up to the buyer to decide if it is what they want and if they bid then they are entering in to a legally binding contract to buy the item. Always read the T & C 1. Ask for the provenance (receipts for toys) if they don't reply WALK 2. Ask for a condition report 3. Ask for a shipping quote, this can often be more than you pay for the lot!
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gd79
Junior Member
Posts โข 1,129
Likes โข 1,220
September 2015
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After Auction - Second thoughts, by gd79 on Jun 11, 2021 15:08:50 GMT 1, It's especially tough now that viewing is a real challenge. A lot of auctioneers are offering shorter viewing windows, if at all, and getting out to see them is tougher.
I know auctioneers have an obligation to make good on any fakes, but I struggle to see how this would work in practice, on a larger item. Most smaller houses wouldn't have the working capital to cover compensation.
It's especially tough now that viewing is a real challenge. A lot of auctioneers are offering shorter viewing windows, if at all, and getting out to see them is tougher.
I know auctioneers have an obligation to make good on any fakes, but I struggle to see how this would work in practice, on a larger item. Most smaller houses wouldn't have the working capital to cover compensation.
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gd79
Junior Member
Posts โข 1,129
Likes โข 1,220
September 2015
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After Auction - Second thoughts, by gd79 on Jun 11, 2021 16:59:19 GMT 1, It's especially tough now that viewing is a real challenge. A lot of auctioneers are offering shorter viewing windows, if at all, and getting out to see them is tougher. I know auctioneers have an obligation to make good on any fakes, but I struggle to see how this would work in practice, on a larger item. Most smaller houses wouldn't have the working capital to cover compensation. They should probably hire experts?
Without doubt, they should get it right in the first place. I wonder how many are willing to spend money to do it properly.
It's especially tough now that viewing is a real challenge. A lot of auctioneers are offering shorter viewing windows, if at all, and getting out to see them is tougher. I know auctioneers have an obligation to make good on any fakes, but I struggle to see how this would work in practice, on a larger item. Most smaller houses wouldn't have the working capital to cover compensation. They should probably hire experts? Without doubt, they should get it right in the first place. I wonder how many are willing to spend money to do it properly.
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