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EELUS โข Not Everything is so Back & White, by maumau93 on Jan 11, 2012 0:21:44 GMT 1, not saying the circumstances changed just the fact that its offered for in excess of ยฃ200 under street value! which is a hell of allot of money! and i bet 99% of everyone on here wouldnt turn down an extra ยฃ100 or ยฃ200 on a print you had only just excepted an offer on... and the other 1% are so rich they wouldn't miss the money! i can understand you being pissed off but look at it from his point of view, could you pass up on that kind of money? Given that he set the initial price based on the fact it is damaged I can only he assume that he considers the damage to be that significant to reduce his expectation by that amount. I might have got a great deal at a great price or the fact he agreed a deal so quickly might suggest he was happy with the price given the damage. It was my risk. Either way, we both agreed a deal that we were both happy with. Because others then pile in with offers without truly considering the damage or what it could lead to is neither here nor there. He was happy enough to agree a deal, if he thought he could have got more then he should have held off. It is a point of principle
fair point i must admit i didnt see it was damaged...
i did wonder why such a low asking price was set...
as i said not the best practice but i must admit im not sure i could turn down an extra ยฃ100!
and as for taking him to old claims court i think you would be laughed out!!! there is nothing legally binding about what he has done!
not saying the circumstances changed just the fact that its offered for in excess of ยฃ200 under street value! which is a hell of allot of money! and i bet 99% of everyone on here wouldnt turn down an extra ยฃ100 or ยฃ200 on a print you had only just excepted an offer on... and the other 1% are so rich they wouldn't miss the money! i can understand you being pissed off but look at it from his point of view, could you pass up on that kind of money? Given that he set the initial price based on the fact it is damaged I can only he assume that he considers the damage to be that significant to reduce his expectation by that amount. I might have got a great deal at a great price or the fact he agreed a deal so quickly might suggest he was happy with the price given the damage. It was my risk. Either way, we both agreed a deal that we were both happy with. Because others then pile in with offers without truly considering the damage or what it could lead to is neither here nor there. He was happy enough to agree a deal, if he thought he could have got more then he should have held off. It is a point of principle fair point i must admit i didnt see it was damaged... i did wonder why such a low asking price was set... as i said not the best practice but i must admit im not sure i could turn down an extra ยฃ100! and as for taking him to old claims court i think you would be laughed out!!! there is nothing legally binding about what he has done! |
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EELUS โข Not Everything is so Back & White, by maumau93 on Jan 11, 2012 0:24:42 GMT 1, not saying the circumstances changed just the fact that its offered for in excess of ยฃ200 under street value! which is a hell of allot of money! and i bet 99% of everyone on here wouldnt turn down an extra ยฃ100 or ยฃ200 on a print you had only just excepted an offer on... and the other 1% are so rich they wouldn't miss the money! i can understand you being pissed off but look at it from his point of view, could you pass up on that kind of money? that kind of money ? ยฃ100  Deadmeadmicheal turned down an extra 1k to honour his sale, If you break your word for ยฃ100 says a lot about a person.
well good on him! and lucky you if you can afford to turn down that kind of money! i for one am not sure i could!
not saying the circumstances changed just the fact that its offered for in excess of ยฃ200 under street value! which is a hell of allot of money! and i bet 99% of everyone on here wouldnt turn down an extra ยฃ100 or ยฃ200 on a print you had only just excepted an offer on... and the other 1% are so rich they wouldn't miss the money! i can understand you being pissed off but look at it from his point of view, could you pass up on that kind of money? that kind of money ? ยฃ100 Deadmeadmicheal turned down an extra 1k to honour his sale, If you break your word for ยฃ100 says a lot about a person. well good on him! and lucky you if you can afford to turn down that kind of money! i for one am not sure i could! |
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11
Junior Member
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February 2011
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EELUS โข Not Everything is so Back & White, by 11 on Jan 11, 2012 0:25:11 GMT 1, I haven't made any mention of court ?
I haven't made any mention of court ?
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EELUS โข Not Everything is so Back & White, by maumau93 on Jan 11, 2012 0:28:29 GMT 1, no sorry that wasnt aimed at you it was a reaction to what drevil wrote...
no sorry that wasnt aimed at you it was a reaction to what drevil wrote...
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EELUS โข Not Everything is so Back & White, by freeview on Jan 11, 2012 0:28:49 GMT 1, that kind of money ? ยฃ100 Deadmeadmicheal turned down an extra 1k to honour his sale, If you break your word for ยฃ100 says a lot about a person. well good on him! and lucky you if you can afford to turn down that kind of money! i for one am not sure i could!
I know you couldnt, you showed your greed when you turned your limited edition stamps into an open run after selling out ;D
that kind of money ? ยฃ100 Deadmeadmicheal turned down an extra 1k to honour his sale, If you break your word for ยฃ100 says a lot about a person. well good on him! and lucky you if you can afford to turn down that kind of money! i for one am not sure i could! I know you couldnt, you showed your greed when you turned your limited edition stamps into an open run after selling out ;D |
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EELUS โข Not Everything is so Back & White, by maumau93 on Jan 11, 2012 0:35:55 GMT 1, well good on him! and lucky you if you can afford to turn down that kind of money! i for one am not sure i could! I know you couldnt, you showed your greed when you turned your limited edition stamps into an open run after selling out ;D
SELLING OUT!?!
ha ha mate you dont know what your talking about! i make about ยฃ1.50 a sheet selling those stamps! hardly showing much greed there! plus the amount of emails and or pm's asking if i was planning on or could re-release them as they would like a set...
not to mention the the amount i spent selling and posting those stamps out for charity!
well good on him! and lucky you if you can afford to turn down that kind of money! i for one am not sure i could! I know you couldnt, you showed your greed when you turned your limited edition stamps into an open run after selling out ;D SELLING OUT!?! ha ha mate you dont know what your talking about! i make about ยฃ1.50 a sheet selling those stamps! hardly showing much greed there! plus the amount of emails and or pm's asking if i was planning on or could re-release them as they would like a set... not to mention the the amount i spent selling and posting those stamps out for charity! |
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EELUS โข Not Everything is so Back & White, by freeview on Jan 11, 2012 0:40:35 GMT 1, I know you couldnt, you showed your greed when you turned your limited edition stamps into an open run after selling out ;D SELLING OUT!?! ha ha mate you dont know what your talking about! i make about ยฃ1.50 a sheet selling those stamps! hardly showing much now is there! not to mention the the amount i spent selling and posting those stamps out for charity!
Dont go pulling out the Charity card Five 
loads of members here do untold work for various charities but dont feel the need to broadcast it.
I know you couldnt, you showed your greed when you turned your limited edition stamps into an open run after selling out ;D SELLING OUT!?! ha ha mate you dont know what your talking about! i make about ยฃ1.50 a sheet selling those stamps! hardly showing much now is there! not to mention the the amount i spent selling and posting those stamps out for charity! Dont go pulling out the Charity card Five loads of members here do untold work for various charities but dont feel the need to broadcast it. |
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EELUS โข Not Everything is so Back & White, by maumau93 on Jan 11, 2012 0:47:31 GMT 1, SELLING OUT!?! ha ha mate you dont know what your talking about! i make about ยฃ1.50 a sheet selling those stamps! hardly showing much now is there! not to mention the the amount i spent selling and posting those stamps out for charity! Dont go pulling out the Charity card Five loads of members here do untold work for various charities but dont feel the need to broadcast it.
whats your problem mate!!!
i'm sure loads of people on here do do great charity work but they aren't being accused of being greedy!
you accused me of being greedy and selling out! so i was merely letting you know how 'greedy' i had been!
if you bought a set of the signed stamps and feel i was wrong to release an open edition let me know, send them back and i will refund your money.
SELLING OUT!?! ha ha mate you dont know what your talking about! i make about ยฃ1.50 a sheet selling those stamps! hardly showing much now is there! not to mention the the amount i spent selling and posting those stamps out for charity! Dont go pulling out the Charity card Five loads of members here do untold work for various charities but dont feel the need to broadcast it. whats your problem mate!!! i'm sure loads of people on here do do great charity work but they aren't being accused of being greedy! you accused me of being greedy and selling out! so i was merely letting you know how 'greedy' i had been! if you bought a set of the signed stamps and feel i was wrong to release an open edition let me know, send them back and i will refund your money. |
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EELUS โข Not Everything is so Back & White, by freeview on Jan 11, 2012 0:53:44 GMT 1, I'm just disagreeing with your opinion that its ok to go back on a deal for a few pennys more.
You can have your stamps back but they are now a tenner per sheet 
I'm just disagreeing with your opinion that its ok to go back on a deal for a few pennys more. You can have your stamps back but they are now a tenner per sheet |
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fotbh
New Member
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September 2011
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EELUS โข Not Everything is so Back & White, by fotbh on Jan 11, 2012 0:54:23 GMT 1, Going back on an agreed deal is very shitty indeed regardless of the price being offered. Your only as good as your word and all that.
Going back on an agreed deal is very shitty indeed regardless of the price being offered. Your only as good as your word and all that.
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EELUS โข Not Everything is so Back & White, by maumau93 on Jan 11, 2012 0:59:25 GMT 1, I'm just disagreeing with your opinion that its ok to go back on a deal for a few pennys more. You can have your stamps back but they are now a tenner per sheet
no you're not just disagreeing with my opinion that its ok to go back on a deal!
and its was hardly over 'pennys'
sorry for going off track on the tread...
I'm just disagreeing with your opinion that its ok to go back on a deal for a few pennys more. You can have your stamps back but they are now a tenner per sheet no you're not just disagreeing with my opinion that its ok to go back on a deal! and its was hardly over 'pennys' sorry for going off track on the tread... |
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EELUS โข Not Everything is so Back & White, by Coach on Jan 11, 2012 0:59:44 GMT 1, Fwiw, I happen to know from personal experience that Five is far from greedy - quite the oppoiste, he is very generous.
Humbly suggest you put this argument behind you both.
Fwiw, I happen to know from personal experience that Five is far from greedy - quite the oppoiste, he is very generous.
Humbly suggest you put this argument behind you both.
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mothegrass
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January 2011
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EELUS โข Not Everything is so Back & White, by mothegrass on Jan 11, 2012 1:03:17 GMT 1, FFS change the record this is getting very boring, It's like a bad episode of loose women,
Edit.. Forget that, they are all bad episode's
FFS change the record this is getting very boring, It's like a bad episode of loose women,
Edit.. Forget that, they are all bad episode's
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misterx
Junior Member
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December 2010
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EELUS โข Not Everything is so Back & White, by misterx on Jan 11, 2012 2:06:48 GMT 1, ruggs....
your defence Sir?
ruggs....
your defence Sir?
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stuckeyc
New Member
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November 2011
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EELUS โข Not Everything is so Back & White, by stuckeyc on Jan 11, 2012 2:30:54 GMT 1, man, what a bummer artjunkie, hope you get one soon. I would be irate
man, what a bummer artjunkie, hope you get one soon. I would be irate
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Ottomatik
Junior Member
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EELUS โข Not Everything is so Back & White, by Ottomatik on Jan 11, 2012 2:49:45 GMT 1, It's common courtesy to follow through on a deal.
Not to mention, the right thing to do as well.
Same thing happened to me with someone selling Faile Star Spangled Shadows.
(it still hurts to think about it!)
Anyway, sorry you got the shaft artjunkie.
If it makes you feel any better, I am going to keep searching for a Slinkachu Close Shave elsewhere.
It's common courtesy to follow through on a deal.
Not to mention, the right thing to do as well.
Same thing happened to me with someone selling Faile Star Spangled Shadows.
(it still hurts to think about it!)
Anyway, sorry you got the shaft artjunkie.
If it makes you feel any better, I am going to keep searching for a Slinkachu Close Shave elsewhere.
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Hubble Bubble
Junior Member
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December 2010
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EELUS โข Not Everything is so Back & White, by Hubble Bubble on Jan 11, 2012 9:07:03 GMT 1, I made a deal with a forum member on an extremely sought after piece not too long ago. It was at his full asking price - which I felt was very reasonable. I asked him to verbally guarantee he wouldn't sell it to anyone else and he was as good as his word, despite receiving higher offers. He held the piece for five days until I could meet him. That's the way this forum should work. Pure and simple.
I made a deal with a forum member on an extremely sought after piece not too long ago. It was at his full asking price - which I felt was very reasonable. I asked him to verbally guarantee he wouldn't sell it to anyone else and he was as good as his word, despite receiving higher offers. He held the piece for five days until I could meet him. That's the way this forum should work. Pure and simple.
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11
Junior Member
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February 2011
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EELUS โข Not Everything is so Back & White, by 11 on Jan 11, 2012 9:33:01 GMT 1, Im so glad to see i am not alone in expecting people to operate with integrity and honour. It is interesting that on here you see so many people crucified for innocuous comments yet when 'senior' members pull stunts like this and other 'senior' member think it is justifiable and leap to their defence.
If you have double standards for convenience then I suppose you can always make sure the argument suits your (or your mates) case.
Like many people have said, if you make a deal then you do the honourable thing and stick to it. Unless you can get an extra ยฃ100 quid then you can sell your granny if you need to...
Im so glad to see i am not alone in expecting people to operate with integrity and honour. It is interesting that on here you see so many people crucified for innocuous comments yet when 'senior' members pull stunts like this and other 'senior' member think it is justifiable and leap to their defence.
If you have double standards for convenience then I suppose you can always make sure the argument suits your (or your mates) case.
Like many people have said, if you make a deal then you do the honourable thing and stick to it. Unless you can get an extra ยฃ100 quid then you can sell your granny if you need to...
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Hubble Bubble
Junior Member
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EELUS โข Not Everything is so Back & White, by Hubble Bubble on Jan 11, 2012 9:47:06 GMT 1, AJ -- as my mother often says... 'It was meant to be'.
Forgive and move on. I'm sure Ruggs is a good bloke.
You will find your NEISBAW elswhere and, when you do... it will be the right one for you.
HB
AJ -- as my mother often says... 'It was meant to be'.
Forgive and move on. I'm sure Ruggs is a good bloke.
You will find your NEISBAW elswhere and, when you do... it will be the right one for you.
HB
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Ruggs
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EELUS โข Not Everything is so Back & White, by Ruggs on Jan 11, 2012 10:13:53 GMT 1, "If you're interested its available for around ยฃ500. PM me with offers if you're interested". That was how I worded my listing first thing yesterday morning. Go back and have another look. Within the first half an hour I had many PM's with offers ranging from ยฃ450 up to ยฃ600. Why would I ignore an offer of ยฃ600. Bollocks if its only an extra ยฃ100. I made it pretty clear regarding the 'crazing' which is why I lowballed it to start with. I've kept everyone who's interested in this print fully up-to-date with goings on. Genuinely, I don't like pissing other members around but I have a cottage restoration going on right now so every single penny is crucial. artjunkie! Not happy about you posting details regarding our private messages. Not good practice on here matey. I'm not greedy, why would I be selling a Nick Walker 'Life's Too Short' for ยฃ850 if I was a greedy so and so. And in recent times i've done some really cheap deals on here for other members. Anyway, just to keep everyone up-to-date I have had an offer of ยฃ600 and spoken to the guy as well so until he backs away that is what i'll take for it. If he changes his mind today and the best I can get is under that price then fair enough. Any issues anybody has regarding this sale please PM me and we can discuss. Many thanks to the few members on here who PM'ed me overnight with supporting messages. Thank You!
"If you're interested its available for around ยฃ500. PM me with offers if you're interested". That was how I worded my listing first thing yesterday morning. Go back and have another look. Within the first half an hour I had many PM's with offers ranging from ยฃ450 up to ยฃ600. Why would I ignore an offer of ยฃ600. Bollocks if its only an extra ยฃ100. I made it pretty clear regarding the 'crazing' which is why I lowballed it to start with. I've kept everyone who's interested in this print fully up-to-date with goings on. Genuinely, I don't like pissing other members around but I have a cottage restoration going on right now so every single penny is crucial. artjunkie! Not happy about you posting details regarding our private messages. Not good practice on here matey. I'm not greedy, why would I be selling a Nick Walker 'Life's Too Short' for ยฃ850 if I was a greedy so and so. And in recent times i've done some really cheap deals on here for other members. Anyway, just to keep everyone up-to-date I have had an offer of ยฃ600 and spoken to the guy as well so until he backs away that is what i'll take for it. If he changes his mind today and the best I can get is under that price then fair enough. Any issues anybody has regarding this sale please PM me and we can discuss. Many thanks to the few members on here who PM'ed me overnight with supporting messages. Thank You!
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11
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February 2011
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EELUS โข Not Everything is so Back & White, by 11 on Jan 11, 2012 11:01:42 GMT 1, "If you're interested its available for around ยฃ500. PM me with offers if you're interested". That was how I worded my listing first thing yesterday morning. Go back and have another look. Within the first half an hour I had many PM's with offers ranging from ยฃ450 up to ยฃ600. Why would I ignore an offer of ยฃ600. Bollocks if its only an extra ยฃ100. I made it pretty clear regarding the 'crazing' which is why I lowballed it to start with. I've kept everyone who's interested in this print fully up-to-date with goings on. Genuinely, I don't like pissing other members around but I have a cottage restoration going on right now so every single penny is crucial. artjunkie! Not happy about you posting details regarding our private messages. Not good practice on here matey. I'm not greedy, why would I be selling a Nick Walker 'Life's Too Short' for ยฃ850 if I was a greedy so and so. And in recent times i've done some really cheap deals on here for other members. Anyway, just to keep everyone up-to-date I have had an offer of ยฃ600 and spoken to the guy as well so until he backs away that is what i'll take for it. If he changes his mind today and the best I can get is under that price then fair enough. Any issues anybody has regarding this sale please PM me and we can discuss. Many thanks to the few members on here who PM'ed me overnight with supporting messages. Thank You!
I Dont dispute you invited offers but you then closed a deal with me, we exchanged numbers and were due to speak to exchange addresses yesterday afternoon so what you say is, in your words - Bollocks.
I Can fully understand why your not happy as you've been exposed for what you are - this leaves a very bad taste and that is why I let everyone know just how you operate.
Your explanation here is far different from the 'yh I understand why ur so pissed off as it has happened to me before' message which I haven't posted so rant all you like - you went back on your word and everything else you spout is just trying to excuse you from doing something you would have crucified others for.
Like I said in my PM to you, lets hope the buyer has far more credibility and integrity than the seller or you'll be sitting on the best part of f'all this weekend.
"If you're interested its available for around ยฃ500. PM me with offers if you're interested". That was how I worded my listing first thing yesterday morning. Go back and have another look. Within the first half an hour I had many PM's with offers ranging from ยฃ450 up to ยฃ600. Why would I ignore an offer of ยฃ600. Bollocks if its only an extra ยฃ100. I made it pretty clear regarding the 'crazing' which is why I lowballed it to start with. I've kept everyone who's interested in this print fully up-to-date with goings on. Genuinely, I don't like pissing other members around but I have a cottage restoration going on right now so every single penny is crucial. artjunkie! Not happy about you posting details regarding our private messages. Not good practice on here matey. I'm not greedy, why would I be selling a Nick Walker 'Life's Too Short' for ยฃ850 if I was a greedy so and so. And in recent times i've done some really cheap deals on here for other members. Anyway, just to keep everyone up-to-date I have had an offer of ยฃ600 and spoken to the guy as well so until he backs away that is what i'll take for it. If he changes his mind today and the best I can get is under that price then fair enough. Any issues anybody has regarding this sale please PM me and we can discuss. Many thanks to the few members on here who PM'ed me overnight with supporting messages. Thank You! I Dont dispute you invited offers but you then closed a deal with me, we exchanged numbers and were due to speak to exchange addresses yesterday afternoon so what you say is, in your words - Bollocks. I Can fully understand why your not happy as you've been exposed for what you are - this leaves a very bad taste and that is why I let everyone know just how you operate. Your explanation here is far different from the 'yh I understand why ur so pissed off as it has happened to me before' message which I haven't posted so rant all you like - you went back on your word and everything else you spout is just trying to excuse you from doing something you would have crucified others for. Like I said in my PM to you, lets hope the buyer has far more credibility and integrity than the seller or you'll be sitting on the best part of f'all this weekend. |
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Ruggs
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January 2008
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EELUS โข Not Everything is so Back & White, by Ruggs on Jan 11, 2012 11:13:59 GMT 1, artjunkie! I simply exchanged numbers so at some stage we could possibly speak. The first guy to PM me was a forumer acting on behalf of a mate. This is the guy who made the best two offers. If I was taking offers why would I close a deal straight away. I told you I had had better offers. Infact, I had several better offers within minutes of yours. I took everyones details. Mobiles, e-mails etc. Don't see them on bleating on about it. Get over it mate. Worse things can happen.
artjunkie! I simply exchanged numbers so at some stage we could possibly speak. The first guy to PM me was a forumer acting on behalf of a mate. This is the guy who made the best two offers. If I was taking offers why would I close a deal straight away. I told you I had had better offers. Infact, I had several better offers within minutes of yours. I took everyones details. Mobiles, e-mails etc. Don't see them on bleating on about it. Get over it mate. Worse things can happen.
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olip21
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January 2013
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EELUS โข Not Everything is so Back & White, by olip21 on Jan 11, 2012 11:14:39 GMT 1, everyone likes a bit of argy bargy
everyone likes a bit of argy bargy
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EELUS โข Not Everything is so Back & White, by Brushstrokes 75 on Jan 11, 2012 11:23:40 GMT 1, Do we also crucify buyers who agree to deals and back out for phony reasons?
I understand artjunkie for being pissed off (if he though he agreed to a deal). But until the money was exchanged.....
Anyway, it doesn't matter at the end of the day, it's just a piece of paper so chiiiiiiill
Do we also crucify buyers who agree to deals and back out for phony reasons?
I understand artjunkie for being pissed off (if he though he agreed to a deal). But until the money was exchanged.....
Anyway, it doesn't matter at the end of the day, it's just a piece of paper so chiiiiiiill
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seqret
Junior Member
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October 2011
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EELUS โข Not Everything is so Back & White, by seqret on Jan 11, 2012 11:45:46 GMT 1, Do we also crucify buyers who agree to deals and back out for phony reasons? I understand artjunkie for being pissed off (if he though he agreed to a deal). But until the money was exchanged..... Anyway, it doesn't matter at the end of the day, it's just a piece of paper so chiiiiiiill
Agree.
I'm on the neutral side but imo ruggs has the right to cancel any deal for some reason until the money was received.
Oh.. And why do we need to make it to the public? Private msgs etc.
Do we also crucify buyers who agree to deals and back out for phony reasons? I understand artjunkie for being pissed off (if he though he agreed to a deal). But until the money was exchanged..... Anyway, it doesn't matter at the end of the day, it's just a piece of paper so chiiiiiiill Agree. I'm on the neutral side but imo ruggs has the right to cancel any deal for some reason until the money was received. Oh.. And why do we need to make it to the public? Private msgs etc. |
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Forbidden Love
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September 2011
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EELUS โข Not Everything is so Back & White, by Forbidden Love on Jan 11, 2012 11:55:05 GMT 1, everyone likes a bit of argy bargy
Onion Bhaji?
everyone likes a bit of argy bargy Onion Bhaji? |
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EELUS โข Not Everything is so Back & White, by Goooogle Male on Jan 11, 2012 12:18:11 GMT 1, handbags ladies!!!
As we all know, a price quote whether on a forum or in a shop, is nothing but an 'invitation to treat'. A contract is only formed once both sides have agreed a price (offer/acceptance) of value (consideration).
Until then, seller can do what he likes.
Advertise your signed GWB at ยฃ1...wait for the offers to pour in and accept the ยฃ17k one- that's cool with me and nothing wrong with that!
Only thing I'd have a moral problem with is if a price was firmly accepted from a seller and a trade agreed, and then seller 'gazumped' buyer after that point due to better offer, without giving first buyer chance to raise their offer to match.
Either seller or buyer is well within rights to pull out before money is transferred.
Oh, and IMO, personal disputes coming from PM'ed private offers should really be resolved through that method rather than in public
handbags ladies!!!
As we all know, a price quote whether on a forum or in a shop, is nothing but an 'invitation to treat'. A contract is only formed once both sides have agreed a price (offer/acceptance) of value (consideration).
Until then, seller can do what he likes.
Advertise your signed GWB at ยฃ1...wait for the offers to pour in and accept the ยฃ17k one- that's cool with me and nothing wrong with that!
Only thing I'd have a moral problem with is if a price was firmly accepted from a seller and a trade agreed, and then seller 'gazumped' buyer after that point due to better offer, without giving first buyer chance to raise their offer to match.
Either seller or buyer is well within rights to pull out before money is transferred.
Oh, and IMO, personal disputes coming from PM'ed private offers should really be resolved through that method rather than in public
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jaymajik
New Member
๐จ๏ธ 233
๐๐ป 144
May 2010
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EELUS โข Not Everything is so Back & White, by jaymajik on Jan 11, 2012 12:48:14 GMT 1, As we all know, a price quote whether on a forum or in a shop, is nothing but an 'invitation to treat'. A contract is only formed once both sides have agreed a price (offer/acceptance), AND something of value has been exchanged (consideration). Until then, seller can do what he likes. Either seller or buyer is well within rights to pull out before money is transferred.
I am not going to get involved in the merits of this dipute, but just for the record, the above isn't correct as a matter of English law. (disclaimer: the below is not legal advice)
It is correct that advertising something for sale in a shop or on the forum is only an "invitation to treat".
However if somone makes an offer to buy the item and the seller accepts that offer, then a binding contract is formed at that point (i.e. before any money changes hands). This is because the two mutual promises (i.e. the buyer's promise to pay and the seller's promise the deliver the goods) constitute consideration for each other. So the contract is binding before the purchase price is paid.
So if, in this case, artjunkie had offered to buy the piece for ยฃ500, and ruggs had agreed to sell at that price (I am not suggesting he did - this is a hypothetical), a binding contract would have arisen, notwithstanding that the price had not been paid.
Whether or not such an agreement has been reached depends of course on what was said between the parties (but where a deal has been done by PM or email, it ought to be easy to prove).
If a binding contract has arisen in this way, but the seller refuses to sell at the agreed price, the buyer is, in principle entitled to the difference between the agreed price and the true market price in damages.
If the piece is unique, then he could get an order for specific performance (i.e. an order from the Court obliging the seller to complete the sale).
I am not for one moment suggesting that legal action would be sensible in this case (or any case where teh sum involved is ยฃ500). But if, for example, soemone agreed to sell you a unique Banksy canvas at what you knew to be 50% below market value, and then backed out, the position would be very different!
As we all know, a price quote whether on a forum or in a shop, is nothing but an 'invitation to treat'. A contract is only formed once both sides have agreed a price (offer/acceptance), AND something of value has been exchanged (consideration). Until then, seller can do what he likes. Either seller or buyer is well within rights to pull out before money is transferred. I am not going to get involved in the merits of this dipute, but just for the record, the above isn't correct as a matter of English law. (disclaimer: the below is not legal advice) It is correct that advertising something for sale in a shop or on the forum is only an "invitation to treat". However if somone makes an offer to buy the item and the seller accepts that offer, then a binding contract is formed at that point (i.e. before any money changes hands). This is because the two mutual promises (i.e. the buyer's promise to pay and the seller's promise the deliver the goods) constitute consideration for each other. So the contract is binding before the purchase price is paid. So if, in this case, artjunkie had offered to buy the piece for ยฃ500, and ruggs had agreed to sell at that price (I am not suggesting he did - this is a hypothetical), a binding contract would have arisen, notwithstanding that the price had not been paid. Whether or not such an agreement has been reached depends of course on what was said between the parties (but where a deal has been done by PM or email, it ought to be easy to prove). If a binding contract has arisen in this way, but the seller refuses to sell at the agreed price, the buyer is, in principle entitled to the difference between the agreed price and the true market price in damages. If the piece is unique, then he could get an order for specific performance (i.e. an order from the Court obliging the seller to complete the sale). I am not for one moment suggesting that legal action would be sensible in this case (or any case where teh sum involved is ยฃ500). But if, for example, soemone agreed to sell you a unique Banksy canvas at what you knew to be 50% below market value, and then backed out, the position would be very different! |
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EELUS โข Not Everything is so Back & White, by dlton on Jan 11, 2012 12:52:29 GMT 1, God listen to you all, 'binding contracts' 'court' 'legal' just makes me want to vomit, you're buying in to street art and you're all about as street as Dale Fucking Winton.
Wake up.
God listen to you all, 'binding contracts' 'court' 'legal' just makes me want to vomit, you're buying in to street art and you're all about as street as Dale Fucking Winton.
Wake up.
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EELUS โข Not Everything is so Back & White, by Goooogle Male on Jan 11, 2012 13:08:46 GMT 1, jay is correct and i've amended. Consideration is the requirement of reciprocal obligations on the parties to a contract.
DLTON - when you are talking about pieces of paper being bought and sold for hundreds of pounds, like it or not you are in real life legal sh*t. There's nothing about street art at all here- doesnt' matter what the image is.
If you are 100% 'real' and 'street' then you'd never even consider a print purchase so you'd never need to worry.
jay is correct and i've amended. Consideration is the requirement of reciprocal obligations on the parties to a contract.
DLTON - when you are talking about pieces of paper being bought and sold for hundreds of pounds, like it or not you are in real life legal sh*t. There's nothing about street art at all here- doesnt' matter what the image is.
If you are 100% 'real' and 'street' then you'd never even consider a print purchase so you'd never need to worry.
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