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.
From [email protected]  Sat May 12 16:40:29 2007
From: [email protected] (George Glastris, Edison Gallery)
Date: Sat May 12 16:45:57 2007
Subject: [Phono-L] Why hasn't anyone bid?
References: <[email protected]>
Message-ID: <00c801c794ee$ed0df270$6401a...@none05vofc1vwp>

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: <[email protected]>
To: <[email protected]>
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.
> _______________________________________________
> Phono-L mailing list
> http://phono-l.oldcrank.org
>

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