kaplan
·Hi everyone,
Recently I've subscribed for a phone bid on a watch, a good example, the auction house fee is 32% - I've calculated that 4000 usd was a fair final occasion price for this watch, well above melt value, but since the condition is good and I wanted a good example, I thought I could exceed $3000 a bit, which calculates as $4000+ with the fees
Come auction day, the person who did the phone bidding was very kind and calm, I asked for USD for the bidding currency, when the auction started, here's the sequence I've observed:
<- 3400 USD to bid
-> I said yes
<- The item is now at 3700 USD
-> I said no (too high)
<- No - I mean you've won the item at 3700 USD, congratulations
Over like that with a shock, I never understood how the jump happened from 3400 USD to 3700 USD, the actual currency is DKK and my supposed bid is 26.000 DKK - even if I somehow made the jump from 25.000 DKK to 26.000 DKK - it doesn't explain the 300 USD difference - which becomes almost 500 USD with fees
I emailed for clarification, but I never got an explanation, the first reply I got from the auction house was 2 weeks after my initial email, they didn't provide any explanation, when I inquired further, while I still wasn't given any details, all I learned was 3400 USD was below reserve and not possible
To be honest I was originally just going to pay and move on with a loss, in the grand scheme of things it's not worth the hassle, however a secondary issue was that when you sign up on their website, they ask for a country of residence address, and I've learned that they don't send items won to another address and I needed to create another profile, which confused me as on their website there was no such option.
All the auction house does is request the original amount to be paid. At no point they try to find any middle ground or provide an explanation with numbers. I was originally going to pay after an explanation and consider it a learning experience, but right now I'm leaning towards not paying as from my side of things, 3400 USD + fees was what I committed to
I know it's been a long story, but I would appreciate any insight - I'm not afraid of any legal issues. It just feels bad as I've never left an item unpaid. And I'm worried if there is a network of auctioneers, they could make it harder for me to participate in future auctions
Recently I've subscribed for a phone bid on a watch, a good example, the auction house fee is 32% - I've calculated that 4000 usd was a fair final occasion price for this watch, well above melt value, but since the condition is good and I wanted a good example, I thought I could exceed $3000 a bit, which calculates as $4000+ with the fees
Come auction day, the person who did the phone bidding was very kind and calm, I asked for USD for the bidding currency, when the auction started, here's the sequence I've observed:
<- 3400 USD to bid
-> I said yes
<- The item is now at 3700 USD
-> I said no (too high)
<- No - I mean you've won the item at 3700 USD, congratulations
Over like that with a shock, I never understood how the jump happened from 3400 USD to 3700 USD, the actual currency is DKK and my supposed bid is 26.000 DKK - even if I somehow made the jump from 25.000 DKK to 26.000 DKK - it doesn't explain the 300 USD difference - which becomes almost 500 USD with fees
I emailed for clarification, but I never got an explanation, the first reply I got from the auction house was 2 weeks after my initial email, they didn't provide any explanation, when I inquired further, while I still wasn't given any details, all I learned was 3400 USD was below reserve and not possible
To be honest I was originally just going to pay and move on with a loss, in the grand scheme of things it's not worth the hassle, however a secondary issue was that when you sign up on their website, they ask for a country of residence address, and I've learned that they don't send items won to another address and I needed to create another profile, which confused me as on their website there was no such option.
All the auction house does is request the original amount to be paid. At no point they try to find any middle ground or provide an explanation with numbers. I was originally going to pay after an explanation and consider it a learning experience, but right now I'm leaning towards not paying as from my side of things, 3400 USD + fees was what I committed to
I know it's been a long story, but I would appreciate any insight - I'm not afraid of any legal issues. It just feels bad as I've never left an item unpaid. And I'm worried if there is a network of auctioneers, they could make it harder for me to participate in future auctions