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Report: #1417806

Complaint Review: Olde Depot Auction Co. - Branchville South Carolina

  • Submitted:
  • Updated:
  • Reported By: Jeff — North Pole Alaska United States
  • Olde Depot Auction Co. 10815 HUNTERS CHAPEL (PO Box 61) Branchville, South Carolina United States

Olde Depot Auction Co. Mike Ulmer Internet Auction Fraud Branchville South Carolina

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Beware on-line buyers! This company grossly misrepresents their lots then tries to hide behind an "as is" statement when confronted! On this lot they claimed it was worth $8,000 to $10,000 In reality it was worth less than ...$700!!!  Below is the listing:   https://www.proxibid.com/aspr/Metal-Cases-of-Var-Gun-Parts-Pieces/37682725/LotDetail.asp?lid=37682725   Metal Cases of Var. Gun Parts/Pieces

Lot # 11 (Sale Order: 11 of 496)

Will ship contents out of the cabinet but WILL NOT ship the cabinet. Shipping cost may vary on this particular item based on weight. Local gunsmith valued contents between $8,000-$10,000

They posted this on Proxibid to target on-line bidders knowing full well the true value could not be deterimed based on the pictures they showed which was pictures of a 114 drawer cabinet.  We buy lots of parts, know exactly what they are worth, and as a MINIMUM this lot should have been about 20 large flat rate boxes full of stuff!!!   We receive 3 medium flat rate boxes that were not even full.  We had them appraised by a certified appraiser at a generous amount of $700 for documentation.  This is a far cry from the value that Mike Ulmer the owner of this company placed on the lot knowing full well it wasn't worth anywhere near that because he probably figured he could just hide behind his "AS IS WHERE IS" statement when confronted.  This person even admitted the lot was grossly misreprestended gave me a song and dance of how sorry he was about it but REFUSED TO REFUND the MONEY!!! 

 

This report was posted on Ripoff Report on 12/18/2017 09:47 PM and is a permanent record located here: https://www.ripoffreport.com/reports/olde-depot-auction-co/branchville-south-carolina-29432/olde-depot-auction-co-mike-ulmer-internet-auction-fraud-branchville-south-carolina-1417806. 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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