O'Gallerie, Inc. Thomas O'Grady Sold a forged rare coin at auction. Refused to refund loss or disclose principal owner Portland, Oregon

The coin in question was sold at O'Gallerie Auctions as part of a larger lot of pennies.  We were unaware of the coin's presence within the lot and sold the lot without description, as-is, without warranty and the possibility of refund.   The buyer waited several months before requesting a refund of his purchase price, long after the consignor was paid.  Like most auctions that offer consignment property for sale by auction, O'Gallerie's Condition of Sale is clearly posted within the gallery and states:

All property is sold "AS IS", and neither O'Gallerie nor the Consignor makes any representation or warranty, expressed or implied, as to the merchantability, fitness, or condition of the property or as to the correctness of description, genuineness, attribution, provenance or period of the property. By registering for a bidding number, or when placing an Absentee, Phone or FAX bid, you agree to these Conditions of Sale.

No reference to imperfections is made in the catalog descriptions or verbally by the Auctioneers. Since all sales are final and O'Gallerie makes no refunds, please verify our descriptions and carefully view the property at a preview before you bid. No employee of O'Gallerie is authorized to make on our behalf, or that of the Consignor, any representation or warranty, oral or written with respect to any property.

Caveat Emptor - Let the buyer beware. A warning that notifies a buyer that the goods he or she is buying are "as is," or subject to all defects. When a sale is subject to this warning the purchaser assumes the risk that the product might be either defective or unsuitable to his or her needs.