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RR Auction
Last night I was bidding on an autographed Orson Wells photograph. 30 seconds until close another person bid higher which set the clock to 30 minutes. I said to myself, I’m not bidding any higher and called it a night. I check my email after work and I have an invoice for the Orson Wells at my last bid price. So, now I’m confused, I call RR Auction and leave a message. Someone calls me back and tells me the highest bidder “accidentally” bid on the wrong item!? Something seems fishy since you have to place a bid on THAT item prior to 6:00PM so how can a person accidentally bid on the wrong item more than once? Either, that person has buyers remorse or I would hate to think they raise the bid to see how high you are willing to pay. This is my first experience with RR Auction and would appreciate any feedback.
Replies to This Discussion
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Permalink Reply by Eddy on
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Sounds odd to me as well, Dee. I guess the first question is: Do you still want the piece? If not, I don't see that you have an obligation.
Even if the other 'bidder' made a mistake and "accidentally" bid on it and they cancelled the bid AFTER the auction ended, it's in poor form for them to just invoice you. It's their issue. It seems they should have reached out to you directly today, explained the situation and given you the option of accepting at an agreed upon amount or declining.
What does it show in the auction archive of the winning bid amount? Is it your last price?
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Permalink Reply by Eric Keith Longo on
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" Bidder may not transfer, assign, or otherwise convey these Conditions of Sale or any of the rights herein, and such purported transfer, assignment, or conveyance shall be null and void. " - somebody asked me about this yesterday.
And this for the OP:
"Consignors may not bid on their own lots or property. RR Auction may, from time to time, bid on items that it does not own. RR Auction may execute bids consecutively or otherwise up to one bid increment below the reserve. ".
"RR Auction reserves the right, at any time before, during or after an auction has ended to: withdraw any lot before or at the time of the Auction, cancel any bid, and/or to postpone the Auction of all or any lots or parts thereof, for any reason. RR Auction shall not be liable to any Bidder in the event of such withdrawal, cancellation, or postponement under any circumstances. RR Auction reserves the right to refuse to accept bids from anyone at any time."
Theres a lot more.... read the Terms.
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This is always fun:
"Each Bidder’s determination of its bid should be based upon its own examination of the item(s) and independent investigation, rather than the any reliance as to what is represented in the Catalog, online or elsewhere. Bidder affirms that it regards any statements made by RR Auction concerning the item as solely opinion and that Bidder is making its own inspection and independent evaluation of the goods, and is not relying upon any description or statements by RR Auction (including as to quality, authenticity, provenance, ownership, liens existing, on goods legality, or value) in making its determination to bid on or purchase an item. "
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Permalink Reply by Dee on
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Holy Smokes! Thank you so much for finding this I bet you this is what happened last night.
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Most welcome. Read the Terms wherever you are bidding before the auction. Full of surprises. I did not "find it" - I know them as a bidder.
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I will definitely be more mindful of the terms going forward at any of the auctions.
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I completely agree as that’s how I viewed it as a mishap possibly on their end. But, the more I thought about it, it just seemed odd. Did the person call them late at night to say it was an accident since I had an invoice bright and early in my email. The archive of the winning bid on the site is not even close to my last bid but, the invoice they sent me early this morning was.
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They are not responsible for any bidding "error".
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Permalink Reply by Joe W. on
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I have only one rule in auctions. Bid only what you are willing to pay. If outbid so be it. In your case, if a bid was canceled for some reason which made you the winning bidder for the amount you wanted to pay. I'd buy it and let it go at that.
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PS to the above - add the juice in your bid, where it belongs. Call it whatever - it's just more money out of your pocket.
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I always account for the buyer's fee, sales tax, and shipping costs when determining a bid. I am not a fan of extra fees. I also don't like the 30 minute rule. I won't play that game.
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