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Joined: May 2010
Posts: 2,357
TBA Feature Host
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TBA Feature Host
Joined: May 2010
Posts: 2,357 |
I think if you are a serious collector and are laying out your hard earned money...you should take the time to do the research and know what to look for. With the current market prices of petro items it is critical to do your homework and be familair with what you are buying. Generally when you buy something you have no idea about...you get burned. With the internet, tons of books, and other avail resources...there is no reason one should not take the time and necessary precautions before making a commitment. People who do not do reasearch are lazy. If you not sure or do not feel confident in an item....Walk away. Many of the conterfeit makers in the US and out of the country are getting smart and trying to decieve the buyers. Many fake signs as we have seen have original dates and markings on them. I am sure these are issues people in all facets of collecting experice. Reproduction/counterfeit items are in every industry. Anywhere people can make a buck they will flock.
The most valuable commodity I know of is information-Wall Street
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Joined: Jan 2002
Posts: 742 Likes: 1
Petro Enthusiast
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Petro Enthusiast
Joined: Jan 2002
Posts: 742 Likes: 1 |
Jarvis,
I agree with you, there is no protection for the buyer anymore (except on eBay).
You would think that an auction house charging 15% buyers premium (or more) and x percentage sellers premium would do 5 minutes of homework to be able to tell the bidders "this sign is an original", "this sign is a reproduction", or "we don't know if this sign is an original". It's just to easy to say "buying as is, where is"
Just my opinion.
Jamie
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Joined: Mar 2005
Posts: 15,631 Likes: 455
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Veteran Member
Joined: Mar 2005
Posts: 15,631 Likes: 455 |
Lots of auctioneers know they are selling fakes. They are counting on the uneducated bidder who doesn't.
Looking for photos, etc from 60s era Shell-A-Rama gas station and Pal's Diner, Rt. 17 Mahwah, NJ & US or state highway signs, shields, route markers
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Joined: May 2010
Posts: 2,357
TBA Feature Host
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TBA Feature Host
Joined: May 2010
Posts: 2,357 |
I agree, if they can make money they will do it. Had a fake porcelain Mobil horse at an auction last week. They said it was from the 70's when in reality it was prob may two years ago. As long as they bid the price up and make buyers think they are getting a deal the auctions houses think they are golden. Many uneducated buyers out there.
The most valuable commodity I know of is information-Wall Street
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Joined: Nov 2000
Posts: 5,105 Likes: 20
Veteran Member
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Veteran Member
Joined: Nov 2000
Posts: 5,105 Likes: 20 |
Tbird, I agree people need to do there research if your a serious buyer. Not everyone at auctions are "pure gas collectors or serious buyers" though. Like i said my parents loved going and buying and many times paid way more than an item was worth. It didn't matter if they paid to much or to little but they liked it. They didn't like the fact that someone passed off a fake as an original and paid way, way more than it was worth. They have not bought one single item since.
Looking for anything from Hoosier Pete, Platolene 500 and Red Bird.
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Joined: Dec 2010
Posts: 73
Active Member
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Active Member
Joined: Dec 2010
Posts: 73 |
Ugh.......if buying a sign in INDIA, doesn't raise a red flag, what will? Hard for me to feel sorry for people that ignore something like that...jmo.....I agree with Wes.....Either buy at your risk, or wait till your educated......again...jmo. I don't' feel sorry for the folks sending money to Ethiopia either!
Last edited by ebaygenious; Sat Feb 18 2012 07:25 PM.
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Joined: Aug 2007
Posts: 2,089 Likes: 1
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Joined: Aug 2007
Posts: 2,089 Likes: 1 |
The statement of "buyer beware" is the same as the mortgage industry was in 2007-08 and looked what happened to that mess... People need to educate themselves NOT depend on others to do it for them when it comes to parting with their money, take responsiblity and take of yourself.. if it looks to good to be true , it probably is.. WOW, now I sound like an old philosifer.. LOL !!! BUT TRUE !
Wes.......
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Joined: Nov 2000
Posts: 295
Petro Enthusiast
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Petro Enthusiast
Joined: Nov 2000
Posts: 295 |
Jay Leeper
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Joined: Nov 2004
Posts: 9,346
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Veteran Member
Joined: Nov 2004
Posts: 9,346 |
LoL
Wanted Owens Motor Oil & Mobiloil Gargoyle. Brad Ralston & my website is www.petrobarn.com
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Joined: Nov 2005
Posts: 8,994
Veteran Member
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Veteran Member
Joined: Nov 2005
Posts: 8,994 |
Looking for gas,oil related clocks,especially neon and spinners .clock repair available. Mick
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