Ripoff Report Needs Your Help!
X  |  CLOSE
Report: #1254709

Complaint Review: auction network inc - markham Ontario

  • Submitted:
  • Updated:
  • Reported By: carefull buyer — ontario Ontario Canada
  • Author Confirmed What's this?
  • Why?
  • auction network inc 501 alden rd markham, Ontario Canada

auction network inc, also 2405832 Ontario inc, affiliated with icollector.com also advertised description confusing, refused to listen, refused to refund, refused to address issue markham Ontario

*Author of original report: issue is dropped

Show customers why they should trust your business over your competitors...

Is this
Report about YOU
listed on other sites?
Those sites steal
Ripoff Report's
content.
We can get those
removed for you!
Find out more here.
How to fix
Ripoff Report
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

I purchased a piece of art and 2 her items.

  1. An expensive art piece (signed, framed) described a reprint of a Canadian artist in an ambiguous way such that different interpretations could be made as to the provenance, which of course affects value.  Ontario consumer protection law clearly states that false or misleading information is illegal, but they ignore this by stating (interpreted) in their terms of sale that they can say anything they want, and too bad if you are not smart enough to catch the ambiguity after the fact. When I tried to explain this immediately by phone after the sale, they slammed the phone on my ear.  I do certainly intend to pursue government intervention but wanted the public to know about this promptly. What arrogance to think they can describe anything false, misleading or otherwise illegal within an internet ad auction to then justify such absurdity ONLY because they write such in their terms. I note that some auction houses in this area have a stipulation for poor wording in their terms, but not this company.  I caution any internet auction buyer to beware of any auctioneer or auction house, like this one, who claims they can put anything in an ad without any recourse from a buyer… if so then like me now, I hope you will run as fast as you can the other way. 
  2. Furthermore but less urgent… this artist is deceased for which there are often appraisals attached to prints. From what I have since learned, those written appraisals are NOT reflective of resale value, but are for insurance purposes only. In fact actual resale values seem to be around 10% or 20% of what the appraisal value shows.  Indeed, this trend is confirmed not just for this auction house but for hundreds of items found on other sites, on eBay and elsewhere….most prints don’t advertise anything close to appraised value. All buyers everywhere should know about this and not be fooled by any auction house (or art gallery) flaunting inflated values. It would be more accurate if the auctioneers were to openly state that sale values are not reflected by the appraised values…imagine if they were honest with us huh!  Since they are not, bid accordingly and I hope from here forward you, like me, will do your homework before bidding.
  3. A piece of topaz gemstone was also purchased. It also had a ridiculous appraisal value, actual value less than 10% of appraisal, which I later found to also be true all over the internet for similar items.  These insurance appraisals are deceptive which seems to me to reflect a huge worldwide scam, which no one seems to be addressing. That the auction house made no attempt to clarify this during the sale seems an insidious type of dishonesty as I see things. I for one will NEVER AGAIN rely on written insurance appraisals.
  4. The third auction item is not a problem.
  5. I have read lots of warnings about online auction house issues and about fraudulent payment issues associated as well. Online auctions are a growing trend but there doesn’t seem to be any regulation as my first issue demonstrates. Sadly that it was difficult to find a place to report this as well, which is not a good thing for it will not change until we speak up openly about it.  I hope I have helped you not be scammed as I was.  

This report was posted on Ripoff Report on 09/13/2015 10:51 PM and is a permanent record located here: https://www.ripoffreport.com/reports/auction-network-inc/markham-ontario-l3r3l4/auction-network-inc-also-2405832-ontario-inc-affiliated-with-icollectorcom-also-advert-1254709. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?

Updates & Rebuttals

REBUTTALS & REPLIES:
1Author
0Consumer
0Employee/Owner

#1 Author of original report

issue is dropped

AUTHOR: - ()

POSTED: Saturday, September 19, 2015

Dealing with this company is not worth further time or effort.  They have demanded under threat of litigation that the report be removed by me which I cannot do as according to the policies of this website.

Respond to this report!
What's this?
Featured Reports

Advertisers above have met our
strict standards for business conduct.

X
What do hackers,
questionable attorneys and
fake court orders have in common?
...Dishonest Reputation Management Investigates Reputation Repair
Free speech rights compromised

WATCH News
Segment Now