[meteorite-list] Lang proxy bid?

[Greg Hupe]

Hello Mike,

If your statement is an accurate chain of events, then fraud has been 
committed! I would not be happy to have been ripped off, why would anyone 
else? I would demand my money back and so should anyone else who has been 
duped by any illegal acts.

Like I said in a previous email, if you do nothing now, you deserve to be 
ripped off or cheated. It is up to those who know to speak now and expose 
any wrong doing. I would like to personally thank Achim and Peter for 
bringing this to light and not, "...being happy with it".

I ask that anyone who has anything to say, send a reply to the List and not 
to me personally, as I also wish to be excluded from posting other people's 
comments, etc. from here on out.

Best regards,
Greg



----- Original Message ----- 
From: "Mike Bandli" <fuzzfoot at comcast.net>
To: <meteorite-list at meteoritecentral.com>
Sent: Thursday, February 08, 2007 1:46 PM
Subject: [meteorite-list] Lang proxy bid?


> First, let me state that I am not trying to throw more coal on this 
> fire... I have a question for the people at the auction. I purchased Lixna 
> Lot 70 for $500. I know for fact that the other bidder was absentee bidder 
> Peter Marmet and his max bid was $450.
>
> In Lang's auction terms it states: "The auctioneer will act as proxy for 
> absentee bidders. Your bids will be increased only a needed to surpass the 
> next-highest bid or the reserve up to your maximum stated amount. For 
> example: The reserve on Lot XX is $1,000. You are bidder #1 and have 
> placed an absentee bid in the amount of $2,000. Bidder #2 has entered a 
> maximum bid of $1,100. As your proxy, the auctioneer will enter a bid of 
> $1,125 (only increasing the amount as required to best the next-highest 
> bid), and you become the high bidder."
>
> For bid increments it states: "Up to $999, bidding will increase in $10 
> increments."
>
> So if the next highest bid was $450 and my bid was $500... I should have 
> paid $460 correct? I didn't even think about it at the time because I was 
> so happy to win this piece.
>
> Is this much to do about nothing and should I just be happy I got it? Or 
> should I request a $40 refund? Not sure what to do...
>
> Mike
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