overlandflyer posted:

ever try to offer a correction to an auction house and been completely ignored?

mechanicraft

with all due respect to the PA town, it's MECHANICRAFT !

All the time.. even with the ones that advertise here. IT too bad that the auction houses don't correct their mistakes because if they did many times there would be more bids and both them and the seller would have made a few bucks more.

member:Golden Spike Club Charter Member

Mallard4468 posted:

Interesting points of view being expressed...  don't tell anyone and get a good deal for oneself, or try to expose the error to expose the item to a wider audience and lead to a fair price for the seller.  Trying very hard not to be judgmental.   

Do you tell every seller that you buy from what the fair market value is?  or if they simply don't know what they have?

For those who I expect to know (ie train dealers / auction houses), I don't feel it is my job to tell them what they have as they are holding themselves out to be "experts" by being in their profession.

However, that being said, I recently purchased a 111-year old set from a seller who indicated it was their grandfather's set.  I paid them what I thought was market, which was significantly more than they were expecting for the set.  They clearly had no idea of what they had and I was willing to pay a fair price to get something that had not been touched by a train dealer.

Mallard4468 posted:

Interesting points of view being expressed...  don't tell anyone and get a good deal for oneself, or try to expose the error to expose the item to a wider audience and lead to a fair price for the seller.  Trying very hard not to be judgmental.   

i have to admit that the line i drew here was considering this blunder as a dumb mistake rather than an oddity.  i have three versions of these Mechanicraft trains... not particularly rare, especially unboxed (but then, if there was a box... oh never mind).  if i were searching for one, i'd rather have this be a hit and that's what prompted my addressing the mistake.

actually i have even written here before that auction houses are sometimes less than experts at identification.  when i picked up the two red frame Marx scale boxcar and reefer, i did not feel i needed to point out to the auction house the fact that the picture they posted could have shown that feature better.  as i recall, regardless of not being 100% sure, i thought it best not to even ask a question.  there was no blatant mistake in the ad and everyone had the same chance to pick up the not very obvious detail.

honesty can be needlessly carried too far at times...

sheldon

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overlandflyer posted:

ever try to offer a correction to an auction house and been completely ignored?

mechanicraft

with all due respect to the PA town, it's MECHANICRAFT !

That is the "better" Presidential electric set. A little more expensive than the clockworks. Resale prices are all over the board depending on condition.

$8.00 steal

presidential electric set w box  

$150 and unsold

presidential electric set w box

Jim O'C

Upstate NY/So VT

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Nation Wide Lines posted:
Mallard4468 posted:

Interesting points of view being expressed...  don't tell anyone and get a good deal for oneself, or try to expose the error to expose the item to a wider audience and lead to a fair price for the seller.  Trying very hard not to be judgmental.   

Do you tell every seller that you buy from what the fair market value is?  or if they simply don't know what they have?

For those who I expect to know (ie train dealers / auction houses), I don't feel it is my job to tell them what they have as they are holding themselves out to be "experts" by being in their profession.

However, that being said, I recently purchased a 111-year old set from a seller who indicated it was their grandfather's set.  I paid them what I thought was market, which was significantly more than they were expecting for the set.  They clearly had no idea of what they had and I was willing to pay a fair price to get something that had not been touched by a train dealer.

Every time - no, but if something is grossly underpriced, I will ask a few questions.  Maybe there's a reason for the low price.  If I determine that an item really warrants a significantly higher price, then yes I will bring it to their attention and offer them a fairer price.  But then again, I believe in treating others as I'd like to be treated.

Knowledge is the one thing that we can take with us to the grave.  It's much better for everyone if we share it.  And if there's one phrase I really can't stand, it's "it's not my job".

Mallard4468 posted:

 And if there's one phrase I really can't stand, it's "it's not my job".

When I was a project manager, that phrase drove me nuts. I was doing everything I could to get the job done, but that sense of urgency was not shared by everyone.

Sorry to be off topic, but I just had to chime in.

RoyBoy

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