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I believe that the only punishment for non-payment is suspension of your account. I could sue, I guess, if the high bidder refuses to pay but I would not.
Frankly, I think the bidders are just being funny and I don't really expect to collect. They should know better, but maybe they do not. But this is a real auction and I will proceed under the assumption that the item is sold. If the high bidder refuses to pay then I will file a non-payment complaint with Gun Broker for refund of the selling fee (about $400 at this point) which I will be charged upon closing of the auction.
Has anyone considered the possibility that the bids are genuine and the bidders fully intend to purchase the item? Recall the potato chip in the shape of Illinois (or whatever) that sold for thousands of dollars on ebay? People with money do funny things, sometimes.
Although I enjoy a good joke as much as the next guy, I've just gotta ask.....
With the bidding heading just north of $15,000 right now, you are conceivably "on the hook" for $500+ in "fees" to GB. (They do have your CC information, do they not?)
The improbable, although not impossible, chance that these bidders are "for real" and will pay aside, does it concern you that GB may very well try to press you for the payment of their fees? Also, was this really worth it?
I should note, that these are serious questions as I am simply curious as to what your thinking is in regard to where you find yourself at this time.
When the first bid was placed this became a real auction.
I would love for it to turn out to be some rich guy who just likes to do weird things.
I know the odds are it's just some people who don't realize making bids is taken seriously but at this point I owe selling fees so I either get paid or turn him over to GB for suspension.
I'm local, Saxon, if you get paid (since the bidding is, as of now, up to a little over $1million) please PM me and we'll go to the range with whatever you plan on buying
Seems like someone with a good rating (p***. A+(19) or s***3 A+(52) ), and a number of legitimate transactions is going to have to restart their feedback process under a new name.
You stared it as a joke SaxonPig, you ought to not press for negative action against those who played along with you.
The selling fees, well you started the game................ they ought to negotiate it down to a reasonable settlement with you. LOL
Considering he'd owe Gunbroker $30,000** if it had stopped at 1million, and will undoubtedly owe far more. Then I think it'd be a good idea to get it voided if the top bidder doesn't pay out rather then just shrug and pay the fee.
I really don't think Saxon is at fault on this. I wouldn't be totally overwhelmed if someplace like Golden Palace didn't pick this up as a national news publicity stunt. I hope he gets the cash and parties down with it.
The bidder is the one engaging in fraud not Saxon.
Well from what I understand about Gunbroker, the selling fee hits you C-Card when the auction ends. It then takes up to a month for the money to be credited back if there is a reason. $30K is a lot to be floating on a card for me.
I would be on the phone tomorrow ASAP getting this thing brought down and buried before any financial crisis occurred with my credit.
I agree with Acera. I'd be on the phone to GB first thing tomorrow morning getting things ironed out. I suspect that GB will be none to thrilled with how this has gone and imagine that there will several accounts suspended before too long.
It's obviously a couple of guys who think phony bids are funny. A funny auction may or may not be a good idea but phony bidding is wrong. The listing was made in jest but the first bid made it a real auction.
I have already contacted tech support and brought this to their attention. I suspect the auction will disappear.
wouldn't the bidder be contractually responsible for what they are bidding on? I don't see how this could come back on you Saxon.... and $30k isn't much if you get $1M.
I would think GB would be happy, even if they don't get a dime out of this auction directly, look at how many extra people are visiting there site because of it. They could end up making alot of extra money because of the free advertising there getting.
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