I wonder how much he wants for the Hello Kitty blanket that we can see in the
background. My 3.5 year old daughter would love that blanket!
-Original Message-
From: glast...@comcast.net
To: phono-l@oldcrank.org
Sent: Sat, 12 May 2007 10:56 PM
Subject: Re: [Phono-L] Why hasn't anyone bid?
On the contrary, if Christie's, Sotheby's or any auctioneer says your Georgian
Ping Pong
Table, with inlaid plastic ducks, could bring $2,000-3,000 at auction or
should be insured for $5,000 there is nothing whatsoever to stop you telling
the whole world. Trust me, I've done more appraisals then this man has had
hot dinners, and he's totally lying. The standard reply states that
appraisals/valuations/estimates what every you wish to call them, is a
matter of opinion, and carries no guarantee. At the same time, there is no
mention of it being confidential.
- Original Message - From: Walt waltsomm...@comcast.net
To: 'Antique Phonograph List' phono-l@oldcrank.org
Sent: Saturday, May 12, 2007 9:12 PM
Subject: RE: [Phono-L] Why hasn't anyone bid?
The auction estimate seems more to serve the auction house's [potential]
interest and not the owner. That is, they want to see whether or not they
might be interested in consigning an item. I believe that even the 2
largest houses will provide an auction estimate at no charge (it just takes
a while - a long while). They do not say that you cannot state that you had
an estimate from such and such an auction house, just that you cannot state
what the value is that the estimate provides. It's all designed to serve the
auction house. The reason the seller doesn't mention which major NY auction
house gave the auction estimate is because there is no auction estimate.
If, for example, I had an auction estimate prepared for, say, a
Vernis-Martin (which is impossible because Bob Johnson has them all...but
just pretend...) by Sotheby's I would crazy to not state that I had obtained
an auction estimate from them and they would love their name mentioned. But,
beyond the mention of the house I am obliged (probably by New York State Law
- dunno for sure) to not reveal the estimated value.
-Original Message-
From: phono-l-boun...@oldcrank.org [mailto:phono-l-boun...@oldcrank.org] On
Behalf Of George Glastris, Edison Gallery
Sent: Saturday, May 12, 2007 7:40 PM
To: Antique Phonograph List
Subject: Re: [Phono-L] Why hasn't anyone bid?
For a laugh, I emailed him and asked which major NY auction house gave him
that appraisal, and here is his reply.
I would love to tell you, but I had to sign a confidentiallity agreement
certifying I wouldn't disclose that information to any third party, or
publish it. Just to be clear, it wasn't an appraisal. It was an auction
estimate. The estimate is what they feel they would get for it, if they
offered it for sale. An appraisal would be a written document, used for
insurance purposes. I will say it is one of the 2 largest houses in the
world. If you don't feel comfortable, please don't bid. I understand how you
feel. If this doesn't work out, I am going to send it off to NYC, and pay
the 35%, which I am trying to avoid. Thanks for your inquiry. Greg
Well, as someone who used to work for the major auction houses, I can tell
you, they never make you sign anything of the sot. And while an appraisal
and an auction estimate are not technically the same thing, you can appraise
something for auction purposes or for insurance purposes. So, in other
words, this guy is lying out the wazoo!
If only he knew that he was giving so much entertainment to us.
Best to all,
George Glastris
- Original Message - From: taediso...@aol.com
To: phono-l@oldcrank.org
Sent: Saturday, May 12, 2007 5:59 PM
Subject: Re: [Phono-L] Why hasn't anyone bid?
My guess is that when there was a reserve, someone decided to yank his
chain
and place a bid knowing that there was no legal obligation. Once the
seller
relisted it without reserve no jokers are about to put their necks on the
line.
I also suspect that the international inquiries he got were from the fake
check scam artists who plague high-ticket items on eBay. He may well end
up
selling it for $250K and getting a bogus check for $260K, with a request
to
refund the overpayment by Western Union.
I almost feel like writing the guy a note but even if I bend over
backwards
to be polite I'm sure he'll just figure I'm trying to con him out of his
fortune. He'd be very lucky to get $250 for it in a truly open auction,
let alone
$250,000.
Best regards,
Rene Rondeau
** See what's free at
http://www.aol.com.
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