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Report: #1044435

Complaint Review: jlevine auction & appraisal house - scottsdale Arizona

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  • Reported By: M.Scott — scottsdale Arizona
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  • jlevine auction & appraisal house 10345 N. Scottsdale Rd., Scottsdale, Az. 85253 scottsdale, Arizona United States of America

jlevine auction & appraisal house Jlevines.com So-Called antique auction/appraisal house sells 100 year old items for $10.00 no reserves! scottsdale, Arizona

*REBUTTAL Owner of company: Auction Seller's Remorse

*General Comment: Provide Specifics

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J Levine Appraisal and Auction house in Scottsdale, Arizona, misrepresent themselves as "antique appraisal experts" and they hold auctions every Thursday. They refuse to allow a reserve to be put on family heirlooms and have no clue what they are selling unless it is a saddle, a turquoise necklace, guns, spurs, or some rug and they sell true antiques with historical value for $10. and you have no recourse.

They work on volume and quantity ignoring quality. Our family heirlooms were "Given away" for $10. They are sloppy and incompetent and should have their license to steal removed. I could have made a fortune on Ebay but trusted these so-called experts who can sell a saddle for more than a true 100 year old historical antique. True to Az. ignorance and lack of culture! DO NOT TRUST THEM! A true antique auction house will place a reserve on items of 100 years old. These clowns are in it for a fast buck and volume not quality or care for your items. They have no antique knowledge. Caveat Emptor! Avoid them like the plague!

This report was posted on Ripoff Report on 04/18/2013 05:43 PM and is a permanent record located here: https://www.ripoffreport.com/reports/jlevine-auction-appraisal-house/scottsdale-arizona-85253/jlevine-auction-appraisal-house-jlevinescom-so-called-antique-auctionappraisal-house-s-1044435. 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

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

#2 REBUTTAL Owner of company

Auction Seller's Remorse

AUTHOR: J Levine - ()

POSTED: Monday, June 10, 2013

 

 

I, an everyone here at J Levine, are personally saddened by this pair of reviews left by a Seller with Auction Remorse. We hold ourselves to the highest standards in the auction business.  Please read our all our reviews on google, dex and the better business bureau when weighing this past consignors remarks. 

I will do my best to answer to the charges.  1) A questionable practice of weekly auctions.  (We conduct an auction every week with consigned antiques & Collectibles.  We are hired by estate & bankrupcy attorneys, fiduciaries, executors, collectors, museums, antique dealers and the like.)  The process is something we are most proud of.  The first step in the process, the seller contacted a representative at J Levine Auction.  After the salesman evaluated the items to be a fit for one of our sales, arrangements were made for the items to be brought to our gallery. Once the items were in our possession, they were tagged, inventoried and reviewed by our experts. We have a combined 50+ years experience in reselling antiques and collectibles.  We have buyers / bidders from over 40+ countries every month.  Average auction boosts over 4000 registered bidders. If we are not familiar with an item, we enlist the services of noted authorities whom we consider to have the best knowledge and reputation within their given field in order to ensure accurate and trustworthy descriptions. This was not necessary with this clients items. However, we treat a $10 item as if it were a priceless heirloom, as we are presenting it, to the world for a live broadcast auction. Unlike our competitors, every auction we conduct is Live Online, Live in house, & features a Live Streaming Video Webcast on 4 auction bidding platforms.

2) High volume of goods ? Yes we do sell a high volume of goods every week, but no more than most regional & national auction houses. I invite anyone to open n Antique Trader or the Maine Antique Digest and look at the 2000 and 3000 lot auctions that go on every day across america.

3) Education ? We employ staff with Masters in Fine Art, Masters in History, have Officers with Business Managment & Accounting Degrees, as well as Auctioneers with a combined 20 years experience selling Antiques and Collectibles for over 1000 consignors to date. 

4) No Reserve.  Yes, our Thursday Auctions have no reserve and starting bid of $10.  Our contract, in Bold, states this in numerous places & our salesman clearly explain it and it's our business model.  We are in the business of liquidating assets for our customers.  We are not a consignment store and recommend them to consigners often when they are uncomfortable with the no reserve clause. "Unheard of" in the profession ?  Its more common than not.  Also, The Christies and Sotheby's reference is not relevant. These companies have minimum values for items excepted and would not entertain these mid to low level valued items. 

5) The market has changed greatly and i can reference many articles written about the values of antiques and the perceived value by descedants versus the fair market value.  Furniture is an excellent example of the supply demand theory in the market.  (i.e. The baby boomers are passing away or down sizing at record pace and the market is flooding with Antique Furniture. Futher, the Gen X and Y buyers are not remotely interested in these items. Supply is LARGE, the demand is NULL....therefore the market is quite soft to non-existent.  Desk sold for consignor is case in point. There is an expectation of a twenty year forecast of this pattern.

6) "Ask to attend a Thursday Auction." We love our potential consignors to attend our public and broadcast events.  We find attending is excellent for educating the public to the market and it's also a great marketing tool for our business.  A lot of our past consignors are now regular attendees of our auctions.

7) LASTLY - Giving Away, Illegal, Ignorant, Uncultered, No education, no respect, insulting, obnoxious, crooked, fence, stolen, robbed are all very hurtful honestly, as I work here 80+ hours a week, Our staff always does their very best & we take this all very personal.  I am saddened by these comments.  I will try to learn from the lessons in here as there is always one.

Sincerely,

Josh Levine, Auctioneer / Appraiser (A#005205)

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#1 General Comment

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AUTHOR: Antique Dealer - ()

POSTED: Wednesday, May 01, 2013

Very interesting letter. I've been buying/selling at J. Levine's for over three years and never had to file a complaint. You mentioned "family heirlooms sold for $10.00." Can you give specifics? Just because something is over 100 years old doesn't make it valuable. I have 200 year old English end tables I can sell you for $100.00 each! When it's time for family members to dispose of a loved one's "valuables," you need to remove your emotions and look at your items as they stand. An item isn't neccessarily valuable because it was a family heirloom. I have a set of silver plated flatware that belonged to my great grandmother. It's over 150 years old. It's a family heirloom and I will never sell it. It's worth less than $75.00 on the open market. If it sells at auction for $20.00, should I file a negative complaint? The vast majority of people selling their "heirlooms" have a vastly inflated view of the worth of their items. This is because they see something similar sold on eBay or Antiques Roadshow for thousands. "I have one of those," is often heard, followed with "but mine is red, not blue and is plastic instead of glass" often follows.

Very few, if any, auction houses have reserves. Places such as Christies, Sotheby's and Bonhams will place reserves on items but those are for items selling $10,000 and higher.

Yes, J. Levines Auction does group items together. I don't always agree with it--as a seller. However, as a buyer, you can get some real bargains, if you look careful enough. However, the vast majority of items that are sold are sold at market value. This means they are sold to the HIGHEST price someone is willing to pay for that item. Their items are sold locally and are sold with LIVE internet bidding, worldwide. If your items had true value, they would have sold for true money. However, as I said in the beginning, without specifics, your complaint is hollow and without merit.

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