Can we PLEASE keep politics out of this? Pretty please?James Comey investigated and said he could find no wrongdoing. Meanwhile Trump wants to take Axanar over and make it all about him. Just move the set to Australia. BitTorrent will love them.
Thank you!We podcasted today - main connection was talking about some attorney changes. Blog post is up; YouTube to follow.
Many thanks for your support.
Blog post:
http://www.gandtshow.com/g-t-show-245-amish-white/
Well, there have been adventures in emails lately and I just wanted to point this one out from last summer. Propworx continues its auctions and people should be aware. Adam Schneider is the guy who had the original Galileo restored and donated so everyone can enjoy it.
Propworx Admits to Bidding At Its Auctions Without Disclosure - BUYER BEWARE
Sent By:
Adam Schneider On:Aug 08/11/15 9:21 AM
Hello,
I am sending this to about 40 of my "prop" friends. I will post it at the same time in the various Trek and prop collecting forums. I'll start with facts and put my opinions at the end.
I have been a prop collector since the 2006 Christie's Trek auction. Since then I have made many collecting friends, participated in Trek conventions and become involved with the franchise. I have tried to add to the community... by dealing fairly with all, by buying, restoring, and donating Galileo, and by assisting the Smithsonian with restoring the original Starship Enterprise.
This last weekend was the Creation Star Trek Convention in Las Vegas. I was deeply disturbed by two events which challenge my perception of Propworx as an organization to do business with.
On Saturday August 8, Creation held a "no minimum bid" auction, and one piece was screen-used. The bidding stalled at $250. However, Propworx CEO Alec Peters continually bid against the winner until it reached $1,000. Alec said he had a "fiduciary obligation" to the seller.... on a "no minimum bid" auction! To say it again - Alec bid up an item because he promised a certain outcome. (By the way, unless Alec was contractually working for the seller, there is no such fiduciary obligation.)
The next day Propworx held their auction. There were about 70 people watching and bidding in person and more on the internet. Alec asked for questions. I asked two, and to the best of my recollection, this was the exchange.
I asked: Is there any reserve on any of the items? Answer: No.
I asked: Are you, or any agent of yours, or your girlfriend sitting in the corner typing on the internet, bidding against buyers on these items? Answer: Propworx makes proxy bids.
The exchange was heard by those 70 people including many prominent collectors. Yes, the Propworx CEO stated in public that they do bid against buyers.
My take: Propworx is making bids against its customers without any disclosure. Propworx is actively raising prices and in the process unjustly enriching themselves. It is like a reserve that increases if collectors are interested! It is inherently unfair to buyers.
I am not a lawyer, but this sure seems like fraud. I have checked the terms and conditions for the auction and none of this is disclosed. In fact, it seems quite clear in person that they are managing their bids versus active client bids (most from the internet) so as to maximize revenue. The cost of Propworx's bidding is being borne by its customers.
Fellow collectors:
We should ask Propworx to disclose ALL such bidding for its prior auctions.
In all cases where Propworx or its agent is the underbidder, collectors should only be asked to pay the "last good bid".
Propworx should cease this behavior and if they do not, you as the buyer stop doing business with them.
Thank you,
Adam Schneider
Fixed that for ya.This guy is a real crass act!
Propworx should have had a reserve on the item Adam was talking about. It seems amateurish not to have set one prior to the auction, but it's probably not fraud. Auction houses can and do bid on behalf of their customers all the time. That's a proxy bid.
I had to go out-of-town for a week and was not able to keep up here; anything happen?
Thank you
Propworx should have had a reserve on the item Adam was talking about. It seems amateurish not to have set one prior to the auction, but it's probably not fraud. Auction houses can and do bid on behalf of their customers all the time. That's a proxy bid. A shill bid IS fraud and it's when the auction house itself bids against the buyer just to jack up the price, but they have no intention of winning. It's done secretly, and is probably rampant on eBay.
What Alec did at the second BSG live auction from my memory as a bidder watching the live stream was bid on items he wanted for his personal collection.
...
2. He saved the 23% buyer's premium because he was the auctioneer. So right off the bat, he has a 23% advantage over other bidders.
...
This guy is a real class act!
Fixed that for ya.This guy is a real crass act!![]()
Fixed it again.This guy is a real ass crack!
I'd say you should apologies to the entire Amish community, but of course they don't get the internet and would never hear it. And do apologize to the rest of us for the mental-images you put in our heads.Our apologies to Kelly McGillis.
Ah, right. That's a totally different animal. How strange. Why not just set a reserve? Because otherwise it looks exactly like shill bidding.Adam was talking about Propworx bidding on these items in Alec's words "because they have a fiduciary responsibility to the owner". So in the cases Adam was citing, Propworx was bidding for the owner on a no reserve item. This would not be the same as proxy bidding for non-owners, the case you raise.
Because Alec felt it was better (IWE he'd get more bidding participants) if he claimed there was no reserve up front. Some bidders will shy away from bidding on an item with a reserve.Ah, right. That's a totally different animal. How strange. Why not just set a reserve? Because otherwise it looks exactly like shill bidding.
Because Alec felt it was better (IWE he'd get more bidding participants) if he claimed there was no reserve up front. Some bidders will shy away from bidding on an item with a reserve.
Oh, isn't that rich? Why the blazes did he not heed his own advice?Some choice quotes from Alec four years ago:
And the fight here is to prevent one group from pissing CBS off and making ALL of our lives more difficult.
.... and since we all exist at the pleasure of CBS who could shut these ventures down in a heartbeat, playing by the rules is essential, or else we all could suffer.
Wait, what? He talked with CBS about fan films? But didn't he say in the court documents that they refused to talk with him (or anyone) about fan films, forcing everyone to fly blind? And if he had already talked with CBS, why was he posting here on Trek-BBS begging for guidance and rules?I have had numerous discussions with CBS on fan films ...
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