Quote Originally Posted by mr.miracle View Post
I was in a similar situation with an auction house a number of years back. The auction house that I dealt with has had a somewhat spotty reputation over the past few years but be that as it may, I readily admit, I did not do my due diligence and made a mistake. I placed a bid based on the auction description of an LOA and subsequently found the LOA was not what it was reported to be with some discrepencies. I had placed a bid which then put me into a binding contract with the auction house as clearly stated in their rules. The bottom line is, do your homework and be as completely sure and positive about what you are bidding on prior to placing a bid. I learned from that lesson and at the end of the day I blame auction houses who do a lousy job writing descriptions and don't do their own homework putting suspect items into auctions but it falls back on the bidder to be absolutely certain regarding the bid before placing it. The rules are the rules and once you bid, you are often out of luck and out of options not to pay for the item.

In that regard, you cannot blame the auction house or auction houses as if they did not have some measure in place regarding the winning bid being a binding contract, how often would they be left holding the bag due to buyers remorse. Now if they are purposely being deceitful or misleading that is another story entirely but bottom line, don't bid until you have every possible document, fact, etc. completed on your part.

I personally search each auction as soon as I know they are going live. I will not even consider a bid in the auction unless I can see all of the documents, LOA's, etc. and then attempt to photo match, check with industry sources etc. and make sure I am completely comfortable with the item prior to placing a bid. That is just me but I have not had a problem in a number of years because of this personal approach.

Brett,

Agreed, as any reasonable collector should.


I think the fact here that upset the poster of this topic is that it is apparent that Grey Flannel only does what benefits Grey Flannel. They certainly could have sent an image of the PSA/DNA letter as requested by the active bidder in their auction.

They chose not to. At least until it didn't matter any more (the auction had been closed for two weeks).

Anyone of you think they just may have "overlooked" it, or just "not got around to it" because they had a live auction going on....? You are entitled to your opinion.

I stated mine just three paragraphs prior. They run their business the way to want to.....