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Fleetwood Mac Rumours at Iconic Auctions right now

https://www.iconicauctions.com/LotDetail.aspx?inventoryid=130853

This is clearly fake I can't believe Beckett guarantees it!

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Permalink Reply by Stepeanut on April 28, 2022 at 10:50am

It can happen.

I have just this week bought a book, signed by a well-known cult musician from the 1960s, for the bargain price of £35. The seller didn’t appear to realise it is signed. He had listed it for auction, with a starting price of £20. After two days, there were still no bids, but I didn’t want to risk waiting any longer, so I made him an offer of £35, which he accepted. The book itself, even without the signature, is worth twice what I paid.

I don’t yet have the book in hand, which is why I’m being coy about the details, but I’ll post a photo on the forum once I have it home safely.

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Permalink Reply by Jason H on April 28, 2022 at 10:59am

has it at least shipped yet? Hope it all works out.

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Permalink Reply by Stepeanut on April 28, 2022 at 11:05am

Is this question for me, Jason?

If so, this is one of those rare instances where the seller lives close by, so I’m actually going to collect the book in person next week. I’d rather that than risk it getting damaged in the mail.

If your question was not aimed at me, rest easy.

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Permalink Reply by Jason H on April 28, 2022 at 11:18am

Stepeanut, yes it was for you. These forum replies are funny sometimes. Not sure why it doesn't state I was replying to your message. Good lock with vollecting in person. Id be worried the seller would recognize he missed something at the last minute

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Permalink Reply by Stepeanut on April 28, 2022 at 11:25am

Thanks, Jason. Just making sure. Sometimes, people quote you when they don’t mean to, and other times they respond without quoting you by name.

It’ll be fine. The book is paid for already. I just prefer to play my cards close to my chest until I have items in hand. I’m the same with any memorabilia I buy. Call it superstition.

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Permalink Reply by Joe W. on April 28, 2022 at 10:32am

This signed CD looks authentic to me. With that said, I am also convinced the Iconic Auctions will not allow this item to sell for less than what it's worth. There is likely a hidden reserve on it.

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Permalink Reply by Eddy on April 28, 2022 at 10:49am

To Joe's point, yes, I've also seen particular items that caught my eye go through several cycles of bidding in their monthly auctions before they might possibly "sell" for much, much higher than the opening bid. I know this is common practice for some auction houses, but I honestly still don't understand how that is a good (and transparent) model.

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Permalink Reply by Jason H on April 28, 2022 at 10:57am

Does anyone know offhand what Iconic Auctions fees are, does it go by percentage of the final bid?

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Permalink Reply by Eddy on April 28, 2022 at 11:00am

For invoices paid with check, money order or wire transfer, a buyer's premium of twenty percent (20%) will be added to all winning bids. Iconic Memorabilia LLC prefers check, money order or wire payments.

Invoices paid with credit card (Visa, Mastercard or American Express) will incur an additional 3% convenience fee, with a total buyer’s premium of twenty-three percent (23%).

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Permalink Reply by Jason H on April 28, 2022 at 11:23am

thanks, I looked thru the site quickly but just saw to contact them directly for more info.. those fees seem pretty high since they are dealing with high priced items. But I guess its much safer than dealing with ebay where you can get scammed easily by the buyer with the return process

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Permalink Reply by Bruce Juice on April 28, 2022 at 1:46pm

From my understanding if Iconic states the item is guaranteed authentic by Beckett and it fails, Iconic will refund your money and you don't have to keep the item. That happened to me once with an item of theirs that was pre-certified by PSA. And most people bid on the last day of the auction so early prices have little to do with final results or value.