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Author Topic:   Auction houses and authenticity opinions

Posts: 3387
From: London, UK
Registered: Feb 2002

posted 12-13-2017 05:45 AM     Click Here to See the Profile for gliderpilotuk   Click Here to Email gliderpilotuk     Edit/Delete Message   Reply w/Quote
I think I'm correct in believing that there are no consistent standards in underwriting authenticity when it comes to auction houses. In the past I've generally been lucky and caught a forgery in time to return it for refund.

However, for the second time in 18 months I'm dealing with a UK auction house on an item that I bought, didn't study hard enough and then months later realise it's more than likely a forgery. Said auction house sells quite a bit of space stuff, but their tightly worded terms state not only that "all statements as to authenticity... are statements of opinion only" (!), but notwithstanding this, they will refund within 21 days of purchase if accompanied by "a formal statement by a recognised expert." Naturally they are not responding to my emails.

So, a couple of questions:

  • Has anyone else had issues with IAA?
  • Is anything actionable under consumer rights, given their 21 day imposed time limit?


Posts: 2358
From: U.K.
Registered: Jul 2009

posted 12-13-2017 09:48 AM     Click Here to See the Profile for moorouge   Click Here to Email moorouge     Edit/Delete Message   Reply w/Quote
You could try trading standards particularly if IAA are not keeping to their stated terms and conditions.


Posts: 500
From: Orlando, FL
Registered: Jan 2014

posted 12-13-2017 04:09 PM     Click Here to See the Profile for Chuckster01   Click Here to Email Chuckster01     Edit/Delete Message   Reply w/Quote
I know that RR, Heritage an The American Space Museum Charity auctions all try and have there items independently authenticated
and at the museum I check the forums daily to see if anyone catches something we may have missed.

I have had several auction houses argue and ignore forged items and was one told "that is a lot of money you're asking us to pull."

So as always buyer beware even with a COA. It is often only the opinion of the aucthenicator and even the best can make a mistake.

All times are CT (US)

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