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#690896 Thu Jul 20 2017 09:32 PM
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Mike M. Offline OP
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So I got my book for the Rich Penn Auction and I notice a number of "Contemporary" (new word for repop? LOL) signs scattered through out the auction. This seems a bit odd that an auction running along side a big gas show is selling signs that we all dislike and do nothing but hurt our hobby!

Anybody else have any thoughts about this?


Thanks
Mike

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Mike I agree. That is why I have pretty much stop buying signs.
"Contemporary" signs have ben around for years, but it was pretty much always easy to tell when you are touching them. the fakes have gotten MUCH better.
A customer of mine just bout an ORIGINAL pump sign on Ebay. He gave it to me to put on his pump and it was a fake. Luckily he was able to return it through Ebay and PayPal and get his money back. You can't do that through an on line auction.
I think I will stick with pumps.


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The sad part is the Auctioneer was asked about it and he defended the use of these tricky words to confuse the uneducated. Its all about the money.
There is only 1 reason NOT to call a fantasy a fantasy, or a repro a repro


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They are also selling a repo Mack Bulldog sign and describing it as a mint original. I have let Ron Hoyt know... hopefully they pull it.

here's how to tell if anyone wants to know... https://oldgas.com/forum/ubbthreads.php?ubb=showflat&Number=519573

mack_fake.jpg
fake Mack Bulldog sign


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I don't understand why they even want to go there at this particular venue. Iowa has always been where all the purists congregate and it's not like there is a shortage of real stuff to put in the auction. There have been more people selling collections and wanting to downsize through auctions in the last couple of years than we have seen maybe ever. Prices are at an all time high, so much so that I think this is the answer to my own question. A lot of attendees to these auctions just can't afford to buy anything original.But why pepper in junk just to make a few non-collectors feel important by buying a piece at the auction? Besides, you know there will be a few newbies that actually want to learn and collect real pieces that will get caught up in the frenzy and buy one of these "contemporary" pieces by mistake. It's just the nature of an auction. I buy very few signs because it is so hard to know what you're getting and when you do find a nice piece.....well, I'm just too cheap to pay the price anymore.....GB

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To me,Iowa Gas & integrity used to go together.This is no longer the case,and I have stopped going to that show entirely or endorsing it anyway,because of this subject and other promoter actions.


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This sounds like just one more reason for me not to attend this show. It's bad enough that they can't keep a handle on the schedule of when the swap meet/room trading starts. Now they're letting this repop junk in as well. I was really happy with how the CTO show back in June was run and the quality of the stuff there was excellent (too excellent for my wallet). I'll stick to the CTO show.

BrianH


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I e-mailed Rich this Morning as follows along with his response.
Though as my e-mail states, there is a time and place for these signs to be in an auction. I do Not believe that time should be while a major gas/oil show is going on!!!

I LOVE THIS PART " They aren't a reproduction. They were special signs made for a special application. They weren't made to be resold. If it's made in the last 25 years....for whatever reason, we think "contemporary" is a good adjective.

My E-Mail:

Rich, having the chance to run the auction at the Iowa Gas show to me is a pretty cool thing. And I know you don 't like the idea of the auction being at night or on Friday where most of us believe it should be so we can enjoy the swap but having Reproduction signs and items (or as you describe them "Contemporary" )scattered throughout your auction is IMO a kick in the face of our Hobby.

These signs hurt our hobby every day and I understand there is a time and place where you can sell them at one of your auctions but during a show filled with collectors that hate this *****, it just plain sucks.

Thanks, Mike Matteson


His response:

Hi Mike,

Thanks for the note and your thoughts. I do appreciate input. I'll offer a couple of thoughts in response. I shared some of this recently as a post on FB.

First, we love selling people's collections. We love both the buyers and the sellers. Because we're collectors too. So... when we sell a collection, we sell the entire collection. We don't cherry pick. And there's a good reason for that, everyone's collection has some great stuff, some ordinary stuff and some "why did I buy that stuff?" Those are the mistakes.

We all have some, including me! Many of those collections have mint original pieces and pieces that are newer. Pieces that are marriages. And pieces that have been restored with replacement parts. I don't think we've ever sold a restored Juke Box, a car or a slot that didn't have something "aftermarket" on it. Some might calls those things reproduction, because they aren't all original. We wouldn't. It's fairly rare to find pieces that come to the market today that are 100% righteous.

Most collections have some of those righteous pieces. Most have some pieces that have been altered over the years or even restored. Most have pieces that are newer, or contemporary. But the collector that owned them liked them all. We sell them all. And we try to be clear about what we sell.

Where a purist collector hates to see the newer pieces, restaurants, decorators and those new collectors love them. The new younger collectors usually can't step up for that $5,000 sign. But they love the look and when their finances allow, they might step up. The market is big enough to make both groups They were made for a business. They aren't a reproduction. They were special signs made for a special application. They weren't made to be resold. If it's made in the last 25 years....for whatever reason, we think "contemporary" is a good adjective. I guess you're welcome to disagree.
happy.

We have some signs in this auction that are newer. And only one or two were made.
We do our very best to meet the needs of both buyers and sellers, the entry level collector and the advanced collector. In the long haul, the market and the hobby will grow when you're serving both segment. No one gains when sellers are dishonest. That's where "reproductions" hurt the hobby.

There ya got it. My two cents worth. Which might not be worth even that.




Thanks again for your thoughts.




Rich Penn

Last edited by Mike M.; Fri Jul 21 2017 03:10 PM.

Thanks
Mike

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Still no reasoning why they use tricky names instead of stating exactly what they are. Very dishonest


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That's about the most Bull.S. I have heard from an auctioneer ever and I have been to 100s of auctions.

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unbelievable BS, just lost my respect for the man,

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ask him to explain the fake Mack sign then... if they dont describe that as such, someone will get burnt for thousands


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This is not complicated:

Original - an original, unrestored or unaltered piece.

Restored/touched up - some original finish, with touch-ups or improvements/alterations to the image

Reproduction - a piece produced on a date later than the original production run and not by the original sign manufacturers.

This auctioneer is full of ***** and has zero integrity IMO.

BrianH


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Morphy's had repros in their auction but to their credit they were called out as repros. On the other hand if they didn't they would have been busted. When will these guys realize that being up front is appreciated and being caught is somewhat disgraceful.

Last edited by Done4; Sat Jul 22 2017 08:36 AM. Reason: spelling

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That's why you should never buy anything unless you have looked at it in person , touched it or picked it up . There is a reason they love the online bidder or phone bidder they are not there .


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Jeff,
I hear what you're saying and if someone wants to be 100% safe I agree with you. Having said that, I HAVE bought several signs online and have not yet been disappointed with the condition once I had the sign "in hand", other than one sign that was damaged in shipment (and Morphy's took it back for a full refund). I guess I've been lucky. I prefer to look at them in person whenever possible though.

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I find the practice of purposely misleading your customers -- be it as an advertiser, auctioneer or other businessman-type -- to be a sickening practice. The cop-out response by the auctioneer alongside the fact that he has the brass to sell these items in the venue that he does is embarrassing and shows the lack of respect for new and old collectors, alike. Pure, unadulterated, disgusting scum. These people don't view collectors as people just dollar signs and fools. Sad, just sad....


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Stick with Morphy's.Rich-Penn never had the quality anyway.

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Just got my Penn Iowa Gas catalog in the mail - besides an overall lack of quality/rarity in any appreciable quantity - I was most disappointed to see all the "contemporary" signs included. This is supposed to be a top notch auction, at one of the two biggest shows of the year. There used to be NO reproductions allowed anywhere at Iowa Gas - now they are part of the "premier" auction? I also noticed several questionable clocks and signs that were not noted as such in any way. I don't like the auctioneer's reply any more than those of you who posted before me..... Sure makes me miss Matthew's Auction even more!

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Originally Posted By Signs&Neons
Just got my Penn Iowa Gas catalog in the mail - besides an overall lack of quality/rarity in any appreciable quantity - I was most disappointed to see all the "contemporary" signs included. This is supposed to be a top notch auction, at one of the two biggest shows of the year. There used to be NO reproductions allowed anywhere at Iowa Gas - now they are part of the "premier" auction? I also noticed several questionable clocks and signs that were not noted as such in any way. I don't like the auctioneer's reply any more than those of you who posted before me..... Sure makes me miss Matthew's Auction even more!


Well said, and I agree the auction docket leaves a lot to be desired for sure. Will be spending my time scouring the inside and outside venues while the auction is going on.


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It's nice going to an auction where the auction company guarantees everything to be original.

Now you have to 'do your homework' before going to the Iowa Gas Auction???? One of the premier events in the country. That is sad and not fair to novice collectors.

This auction should be 100% originals.

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Might not have the expertise.Basically saying it's your problem.

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Originally Posted By Mike M.
I e-mailed Rich this Morning as follows along with his response.
Though as my e-mail states, there is a time and place for these signs to be in an auction. I do Not believe that time should be while a major gas/oil show is going on!!!

I LOVE THIS PART " They aren't a reproduction. They were special signs made for a special application. They weren't made to be resold. If it's made in the last 25 years....for whatever reason, we think "contemporary" is a good adjective.

My E-Mail:

Rich, having the chance to run the auction at the Iowa Gas show to me is a pretty cool thing. And I know you don 't like the idea of the auction being at night or on Friday where most of us believe it should be so we can enjoy the swap but having Reproduction signs and items (or as you describe them "Contemporary" )scattered throughout your auction is IMO a kick in the face of our Hobby.

These signs hurt our hobby every day and I understand there is a time and place where you can sell them at one of your auctions but during a show filled with collectors that hate this *****, it just plain sucks.

Thanks, Mike Matteson


His response:

Hi Mike,

Thanks for the note and your thoughts. I do appreciate input. I'll offer a couple of thoughts in response. I shared some of this recently as a post on FB.

First, we love selling people's collections. We love both the buyers and the sellers. Because we're collectors too. So... when we sell a collection, we sell the entire collection. We don't cherry pick. And there's a good reason for that, everyone's collection has some great stuff, some ordinary stuff and some "why did I buy that stuff?" Those are the mistakes.

We all have some, including me! Many of those collections have mint original pieces and pieces that are newer. Pieces that are marriages. And pieces that have been restored with replacement parts. I don't think we've ever sold a restored Juke Box, a car or a slot that didn't have something "aftermarket" on it. Some might calls those things reproduction, because they aren't all original. We wouldn't. It's fairly rare to find pieces that come to the market today that are 100% righteous.

Most collections have some of those righteous pieces. Most have some pieces that have been altered over the years or even restored. Most have pieces that are newer, or contemporary. But the collector that owned them liked them all. We sell them all. And we try to be clear about what we sell.

Where a purist collector hates to see the newer pieces, restaurants, decorators and those new collectors love them. The new younger collectors usually can't step up for that $5,000 sign. But they love the look and when their finances allow, they might step up. The market is big enough to make both groups They were made for a business. They aren't a reproduction. They were special signs made for a special application. They weren't made to be resold. If it's made in the last 25 years....for whatever reason, we think "contemporary" is a good adjective. I guess you're welcome to disagree.
happy.

We have some signs in this auction that are newer. And only one or two were made.
We do our very best to meet the needs of both buyers and sellers, the entry level collector and the advanced collector. In the long haul, the market and the hobby will grow when you're serving both segment. No one gains when sellers are dishonest. That's where "reproductions" hurt the hobby.

There ya got it. My two cents worth. Which might not be worth even that.




Thanks again for your thoughts.




Rich Penn


"The market is big enough to make both groups They were made for a business. They aren't a reproduction. They were special signs made for a special application. They weren't made to be resold."

...I might point out to Rich that ORIGINAL signs, globes, etc. weren't 'made to be resold' either, and were made for 'special applications'...I agree, this is just about the biggest load of manure I've ever heard an auctioneer spout...they don't 'cherry pick' because 'everyone's collection' has repros and restored stuff? crazy

...and I guess 'contemporary' can mean whatever you want it to?


Last edited by gulfiend!; Tue Jul 25 2017 05:27 AM.

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This is so sad. Like a lawyer making a case for something that everyone knows is wrong. Fake signs at a premier event like this are just not in anyones interest except for the people to make money on.
Look at ebay and the people who buy the new stuff and do not know it. This is why I have stopped buying porcelain years ago. At some point people will just do the same either when they get screwed with a repro that was misrepresented or just when they did not know and the auctioneer did not know.


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I attend several large flea markets in the south....seems everywhere there is large supply of 'contemporary' repo gas & oil items from signs, bottles, racks, cans & YES EVEN HANDY OIL CANS.


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Iowa gas is turning more & more into aisle 5 at Hobby Lobby.


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I hope next year to get to go to Iowa gas.


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Follow the $$$$$--all about the money!

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It's not called "cherry picking", it's called "pulling the weeds."


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Update:. I have posted on here and Facebook about the Mack bulldog sign in the auction tomorrow... I have also emailed the auction company directly and thru live auctioneers, and explained why the Mack sign is a known reproduction.

I have got no response and the sign continues to be described as original and advertised as one of the primo pieces in the sale. I hope no one gets burned!


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Originally Posted By BryceG
Update:. I have also emailed the auction company directly and thru live auctioneers, and explained why the Mack sign is a known reproduction.

I have got no response and the sign continues to be described as original and advertised as one of the primo pieces in the sale.


a blind eye on the way too the bank .. ... cool


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...it'd be great if someone stood up at the auction and called out these fakes for what they are...surely someone at Iowa Gas will be out of money by that point, and have nothing to lose...

...wonder if these guys are members of the Better Business Bureau?

Last edited by gulfiend!; Wed Aug 02 2017 04:59 AM.

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Are there any other signs or globes, described as original, that we should be suspicious about?

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Auctioneer (Rich Penn) terms of sale......

"1. Ownership title passes on the fall of the auctioneer's gavel. There-after, the property is at the sole risk of the buyer. Neither the seller nor the auctioneers shall be responsible for loss or any damage to any article due to theft, fire, breakage or any other cause whatsoever, how ever occasioned. If an article sold cannot be delivered by reason of theft, breakage, or other damage prior to check-out, the sale shall be deemed canceled without any liability on the part of the auction company. 2. All property is sold As Is-Where Is and neither we nor the consignor make any guarantees, warranties or representations, expressed or implied, in regard to the property or the correctness of the brochure or other description of the authenticity of authorship, physical condition, size, quality, rarity, importance, provenance, exhibitions, literature or historic relevance of the property or otherwise. No statement anywhere, whether oral or written, shall be deemed such a guarantee, warranty or representation. We and the consignor make no representation or warranty as to whether the purchaser acquires any reproduction rights in the property. Prospective bidders should inspect the property before bidding to determine its condition, size and whether or not it has been restored. Catalog descriptions include condition information where possible. If you have any questions regarding lots, contact the auction company prior to the auction. If you have questions on specific lots, since most pieces are packed for shipping to the auction site, call between Monday and Thursday of auction week, lots will be unpacked then. If you are unsure about a lot, for any reason, DO NOT BID. Items in this auction are intended for display. If items are sold and described as in working condition, that means they did work when sold. Due to the inherent nature and age of these items, if any electronic or mechanical device fails to operate, auctioneer is not liable. No items may be returned for any reason. 3. On-line bidders are subject to a 23% buyers premium, discounted to 20% for cash or approved check. 4. All bids to be per lot as numbered at the sale site unless otherwise mentioned by the auctioneer. 5. Bidders are required to register and give full photo identification prior to the beginning of the sale and are required to use the number issued to them when identifying themselves as the successful bidder. Online bidders MUST complete registration with their preferred online host, LiveAuctioneers. Without registrations complete and approved, you will be unable to bid. Register early to make certain you're approved to bid. Links to those platforms are at www.RichPennAuctions.com. 6. Full payment of each purchaser's account must be received at the end of the auction sale or upon check-out. Terms are cash or certified check unless other arrangements have been made with the auction company prior to the days of the auction sale. When paying by check, check must be accompanied by current bank letter of credit. Payment must be in U.S. funds. Online bidders, if paying by your credit card, please call Rich Penn Auction at 319-291-6688 with your credit card number on Friday immediately following the sale. If paying by check or money order you should also notify Rich Penn Auctions on that Friday. Once your payment is processed, PKGS in Clive, IA will receive your paid invoice. They will then contact you by email, in the order that payments were received, to make shipping arrangements. You will not need to call them. If credit cards are used, no charge-backs are allowed for any reason. Any wire transfer under $5,000 will be charged an additional $25 transfer fee. Please add this to your payment amount. If any check given in payment is not honored for any reason (including but not limited to N.S.F., stop payment order, or the like) you agree whether the check is signed by you as the maker or endorser, that if such check, or any action for non payment for any reason is placed in the hands of an attorney for collection, to pay reasonable attorney's fees incurred, with all costs of suit in event suit is instituted. 7. The highest bidder will be declared the buyer. In all cases of a disputed bid the lot shall be resold, but the auctioneer will use his judgment as to the good faith of all claims. His decision is final. 8. All merchandise purchased on site must be packed, transported and/or removed by the purchaser at his own risk immediately after the close of the sale, unless other arrangements have been made for storage and shipping. If any employee or agent of Rich Penn Auctions shall pack or transport the merchandise, it is fully at the risk, responsibility and expense of the purchaser, and Rich Penn Auctions shall not be held liable for any loss, damage or other dispute that may be caused by said agent or employee. All items not removed after close of sale will be moved and stored by Rich Penn Auctions or their agents. Fees, rates and any insurance will be charged accordingly to the purchaser. If you fail to make storage or shipping arrangements or to pick up your merchandise within 30 days, you forfeit the merchandise to the auction company. All your shipping needs can be handled for both large and small items. Your shipper, Pkgs. of Clive, IA has provided estimated packing and handling charges for standard size packages. That information is available on our web site at www.richpennauctions.com. Click on the auction link, then on the shipping information link. This information is also included with catalog registration material. Contact the shipping company directly (Pkgs@pkgspro.com) for packing AND shipping estimates. Pkgs can also assist with shipping larger items that might require special handling or shipping arrangements. Because of the volume of lots sold to off premise bidders, shipping can take 2- 6 weeks. 9. Any gambling device purchased at the Rich Penn Auction shall be used only for the purposes of display or social entertainment within the private home or residence of the buyer, and such devices shall not be exposed to the public for the purpose of gambling. 10. This is a privately owned and operated auction. We reserve the right to refuse admittance to any person, or eject from the auction site anyone selling or attempting to sell their own merchandise. 11. Bidding on merchandise automatically constitutes agreement with these provisions. 12. No transfer will be recognized from one buyer to another. Please watch over your children; you are responsible for any damage you or they may cause. 13. All auction sales will be subject to the laws of the State of Iowa. Any disputes that might arise from this auction must be brought to Iowa for determination.."


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[quote=Chevrolet SS]Auctioneer (Rich Penn) terms of sale......

after reading all of the above, that makes you really want too go too the auction- basically sounds like your swimming in shark infested waters with no lifeguard .. ... cool


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After all the talk I will be hard pressed to bid on any of Rich Penn's auctions. The flooding of the market with remake signs makes it hard enough to find things your comfortable buying. This type wordage by auction houses does nothing but make our field less attractive to new buyers. I agree would be nice for the ones close enough to attend to stand up and make a deal out of this practice. Just because Penn writes terms od sells does not make it correct. Maybe stop using his service will have a effect on his actions.

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Bryce did go to the auction so we will have to wait and hear hove it went. I couldn't do it for this jerk. from what I hear he gave the same spiel about his "Contemporary" signs that they are good for the young buyers that can't go outside and afford a original sign. Well from what I saw there was still a whole lot outside that any buyer could buy to start their collection for the price of a "Contemporary " sign!!! LMAO

I hope he realizes that he lost out on not only the 6 grand average that I spent over the last 2 years at his auctions but also those bids that I made raising the prices on the signs I didn't buy.


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contemporary signs generally went for around $100 ea

someone still got stuck paying $1600 for the fake Mack Bulldog... but at least most were aware of it being fake, otherwise it would of brought around $5k. Its still blatant rip-off by Rich Penn, since he was notified of it being repro multiple times.

I saw some fake oil bottles sold as original too. Lots of people did not go to the auction because of all the garbage... so Rich Penn only hurt himself by selling that junk. It also made me shy to bid on items even when they looked nice, because you just never know if you can trust it or not.

(ps. another thing I've noticed at 3+ Rich Penn auctions... after you win an items, they take the signs to a back area until you pay. if you look in that back area, they literally stack signs on top of each other. so when you win that minty sign, be aware it will be stacked on a table with that roached sign sandwiched against it.)


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There's a rumor going around down here that he's out for next year as the auctioneer. All we can do is hope it's true and as far as I'm concerned he did it all to himself.


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Maybe he's hooked up with India. lol

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Originally Posted By Mike M.
There's a rumor going around down here that he's out for next year as the auctioneer. All we can do is hope it's true and as far as I'm concerned he did it all to himself.


its not only this auctioneer .. ... cool
there like car salemen, sell you something you don't need..

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maybe we can all root for a Dan Matthews auction next year wink

if you see Dan, let him know that the hobby needs him back... i always tell him, and if enough people do then maybe he'll give it some serious thought smile


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Hey Bryce start a thread and see how many members would like Dan back. Maybe Ron will listen & make some changes.

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I doubt Dan is exactly a free agent although it would be nice.

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That's great news about the auction Bryce, thanks for the update.
Guess the ole saying, "THE BUCK STOPS HERE" worked it's magic. Lol


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Originally Posted By intagas
I doubt Dan is exactly a free agent although it would be nice.


right... but that can change


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Originally Posted By BryceG
maybe we can all root for a Dan Matthews auction next year wink

if you see Dan, let him know that the hobby needs him back... i always tell him, and if enough people do then maybe he'll give it some serious thought smile


Hey Bryce start a thread and see how many members would like Dan back. Maybe Ron will listen & make some changes.

I doubt Dan is exactly a free agent although it would be nice.

just got home and there was a message on answer machine describing events at Iowa & the mention that Dan may be
leaving Morphys? .. ... cool


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True.Anything can change.I'm not so sure i would bet on it thou.

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I went to part of the auction and also talked with a new collector that got burned buying a repop item listed as original. He went back and had to fight to get his money back. The main auction contact at the desk told him he was "ugly". What a way to provide customer service and handle customers.

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So--no one stood up and called this BS artist out?

confused

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I spent a total of 15 minutes looki ng around and went shopping outside and room to room.

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I dont think thats a rumor Randy i believe hes done.

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we don't need auctions at any of these shows. there's enough auctions all year. lets get back to the way it used to be. This is just this old man screamin. Ron Lease-Collector

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GREAT idea. NO auction which gives those outside and inside a better chance to sell their wares

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Best idea in a while, no auction at this event.


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After this year i think you'll get your wish.

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