AMI payments

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  • kingjammy24
    Senior Member
    • Nov 2005
    • 3119

    AMI payments

    great news everyone, saw this in the current AMI catalog:



    rudy.
  • BULBUS
    Senior Member
    • Nov 2005
    • 1123

    #2
    Re: AMI payments

    Photoshop??????

    Nice work Rudy
    Chris

    NY Giants, NY Yankees, Don Mattingly, Mattingly brand bats (any player)
    sigpic
    donnie23fan at yahoo.com

    Comment

    • kingjammy24
      Senior Member
      • Nov 2005
      • 3119

      #3
      Re: AMI payments

      Originally posted by BULBUS
      Photoshop??????

      Nice work Rudy
      no photoshopping. that ad really is in their current catalog.

      rudy.

      Comment

      • ironmanfan
        Senior Member
        • Sep 2005
        • 2252

        #4
        Re: AMI payments

        maybe this is better...
        Attached Files

        Comment

        • kneerat
          Senior Member
          • Nov 2005
          • 143

          #5
          Re: AMI payments

          So, how does this make anything faster? It doesn't say how quickly it will be deposited after the auction closes. If they deposit right after the auction, that's one thing, but this promotion tells us nothing.
          Thank you,
          Chris Nerat

          Comment

          • sportscentury
            Senior Member
            • Nov 2005
            • 2008

            #6
            Re: AMI payments

            Originally posted by kneerat
            So, how does this make anything faster? It doesn't say how quickly it will be deposited after the auction closes. If they deposit right after the auction, that's one thing, but this promotion tells us nothing.
            What does it matter? If they provided more information, it would simply be a more detailed lie.
            Always looking for top NBA game worn items of superstar and Hall-of-Fame-caliber players (especially Kobe, LeBron, MJ, Curry and Durant). Also looking for game worn items of all players from special events (e.g., All Star Game, NBA Finals, milestone games, etc.). Please contact me at gameusedequip2@hotmail.com. Thank you.

            Comment

            • corsairs22
              Senior Member
              • Apr 2008
              • 103

              #7
              Re: AMI payments

              If you give someone the information needed to wire money into an account, have you also given them the information that is needed to wire money out of the account?

              Comment

              • slam
                Senior Member
                • Oct 2008
                • 232

                #8
                Re: AMI payments

                Originally posted by corsairs22
                If you give someone the information needed to wire money into an account, have you also given them the information that is needed to wire money out of the account?
                I agree. I was just about to post the same thing.

                Comment

                • trsent
                  Banned
                  • Nov 2005
                  • 3739

                  #9
                  Re: AMI payments

                  I had an associate who is owed money from AMI tell me they emailed him offering him to consign items to the next auction and he would receive payment directly from the customer and AMI would deduct their fees from the money owed to my associate.

                  So if he sold a $100 item he would be paid the full price (plus shipping since he would ship the item himself and the buyer's premium) and AMI would in turn deduct the buyer's premium and seller's premium from the money owed to him.

                  Comment

                  • sportscentury
                    Senior Member
                    • Nov 2005
                    • 2008

                    #10
                    Re: AMI payments

                    Originally posted by trsent
                    I had an associate who is owed money from AMI tell me they emailed him offering him to consign items to the next auction and he would receive payment directly from the customer and AMI would deduct their fees from the money owed to my associate.

                    So if he sold a $100 item he would be paid the full price (plus shipping since he would ship the item himself and the buyer's premium) and AMI would in turn deduct the buyer's premium and seller's premium from the money owed to him.
                    I had an associate who was promised that he'd be paid immediately in hugs, smiles, and giggles. When his items sold, though, Victor and Kieta still couldn't come up with what was owed.
                    Always looking for top NBA game worn items of superstar and Hall-of-Fame-caliber players (especially Kobe, LeBron, MJ, Curry and Durant). Also looking for game worn items of all players from special events (e.g., All Star Game, NBA Finals, milestone games, etc.). Please contact me at gameusedequip2@hotmail.com. Thank you.

                    Comment

                    • mvandor
                      Banned
                      • Apr 2007
                      • 1032

                      #11
                      Re: AMI payments

                      Originally posted by trsent
                      I had an associate who is owed money from AMI tell me they emailed him offering him to consign items to the next auction and he would receive payment directly from the customer and AMI would deduct their fees from the money owed to my associate.

                      So if he sold a $100 item he would be paid the full price (plus shipping since he would ship the item himself and the buyer's premium) and AMI would in turn deduct the buyer's premium and seller's premium from the money owed to him.
                      Ponzi 101. When the money dries up, start pomisin' and wheelin' and dealin' to buy time.

                      Comment

                      • 5kRunner
                        Senior Member
                        • Aug 2007
                        • 560

                        #12
                        Re: AMI payments

                        Originally posted by corsairs22
                        If you give someone the information needed to wire money into an account, have you also given them the information that is needed to wire money out of the account?
                        Yes. Its the same info.

                        If you owe them money, legally they can pull money from your account up to the amount that you owe. However, I think that is only if you've given them permission to withdrawal money in the first place.

                        However, if they owe you and you owe them nothing; legally they cannot pull money out of your account. That is theft.
                        SCOTT
                        scottjrepking at gmail.com


                        Always looking for game used bats from Andre Dawson, Ryne Sandberg, Mark Grace, Jody Davis, Shawon Dunston, Jerome Walton, Rick Sutcliffe, and Greg Maddux. Preferably CUBS era bats.
                        sigpic

                        Comment

                        • wllump52
                          Senior Member
                          • Sep 2005
                          • 235

                          #13
                          Re: AMI payments--

                          They still owe me some money from their Sept. and Oct. 2008 auctions. Thye sent me the following proposed resolution....so in order to get paid for a prior consignment I have to consign more? Uhh No... have the Nevada Attorney General Consumer complaint form ready to go...

                          April 21, 2009

                          Dear Stephen Smith:

                          We, as many other businesses, have become adversely affected by the economic downturn. We are aware that there has been a delay of payments for your consignments and for this we truly apologize. Due to staff downsizing and upcoming deadline schedules, our availability on the phones has been scarce. However, we are returning phone calls. It has been difficult to answer everyone’s calls when we did not have answers ourselves . We will make every effort to be more available in the future.

                          Our intention is to continue the excellent business practices we have enjoyed for over 13 years and we have devised a plan to do just this. We command the best prices and the best authentication process in the industry and continue to do so.

                          Immediate action has been taken to reconcile your account. American Memorabilia has come up with a solution in which we would invite you to work with us so we can build our auctions back into a profitable adventure for all. Please accept this proposal as a way for American Memorabilia to make you whole. We have asked many consignors to help us with this solution and all feel that the solution is sound and will actually be to the benefit to all for future payment practices.

                          American Memorabilia will be using the buyer’s premium and any consignment fees we would normally incur to pay off your account.

                          Proposed Payment Plan Process:

                          • <LI class=MsoNormal>You will be set up as authorized dealer of American Memorabilia Inc. The authorized dealer will be explained to our bidders, letting them know that items denoted by the Authorized Dealer icon will be paid directly to seller of the memorabilia. That this entity or person has been deemed by American Memorabilia authorized to sell his merchandise through our system.

                            <LI class=MsoNormal>You will be consigning your items to American Memorabilia, however, items will not leave your possession until they are paid to you by the bidder into your PayPal account.

                            <LI class=MsoNormal>You will log the items into your authorized dealer account. Photos, descriptions, authentication, shipping will be handled by you. We will assist in this entire process. We will be available to help you write the descriptions and edit your photos. Once your account has been reconciled to your satisfaction, you will be able to send your items to American Memorabilia, where we will be able to photograph, authenticate, and ship the items, however, your payments will still be set up to go directly into your PayPal account.

                            <LI class=MsoNormal>Items must be authenticated. Authentication accepted will be PSA, JSA, UDA, Steiner to name a few. You will be able to send in items to get authenticated and we will send them back to you after the process has been completed as an option.

                            <LI class=MsoNormal>We will be setting up the payments to go directly into your PayPal account.

                            <LI class=MsoNormal>All money including the buyer’s premium and any consignment fee normally charged will go directly to you.

                            <LI class=MsoNormal>You will ship the items directly to buyer and you will be able to keep buyer info rmation.

                          • The additional money paid to you will be deducted from the money owed to you.


                          AMI New Proposed Plan Example:




                          Amount

                          Formula
                          Description

                          $1,000


                          High Bid

                          $150

                          High Bid * 15%
                          Consign Fee (normally paid to AMI)

                          $850

                          High Bid – 15%
                          Your Normal consignment payment

                          $200

                          High Bid * 20%
                          Buyer’s Premium (normally paid to AMI)

                          $1,200

                          High Bid +
                          Buyer Premium + Consignment Fee

                          Total amount deposited into your paypal account paid directly from the wining bidder

                          $350

                          Buyer Premium +
                          Consignment Fee

                          This amount will be deducted from your Pos with (money which is owed to you)

                          Example Based On: 15% Consignment Fee and 20% Buyer Premium



                          We understand there will be a lot of questions. We are working on the step by step implementation of this process and will be info rming you of the details via email and phone this week. We will have certain hours that the phone lines will be available to give you a status update and answer your questions in the next couple of days.

                          Following are the next auction dates. Deadline means that all items must have descriptions, authentication and pictures attached to them in order for them to get placed into the following auction.

                          Auction End Date
                          Consignment Deadline
                          May 28, 2009
                          May 1, 2009
                          June 25, 2009
                          June 1, 2009
                          July 23, 2009
                          June 25, 2009
                          August 27, 2009
                          July 31, 2009




                          Sincerely,




                          American Memorabilia Inc.
                          Steve Smith
                          Sacramento CA
                          916-216-4435
                          steve@sfbats.net

                          Comment

                          • ironmanfan
                            Senior Member
                            • Sep 2005
                            • 2252

                            #14
                            Re: AMI payments

                            what a joke.........I'm wondering how long it took them to pay Don Maynard (I'm sure not long)....

                            Comment

                            • sammy
                              Banned
                              • Nov 2005
                              • 732

                              #15
                              Re: AMI payments

                              Let's see:

                              You send an item in to AMI.

                              They auction it and get paid by the buyer.

                              They spend the consignment fee, the buyer's fee, and YOUR money.

                              Now they want you to help them,

                              pay you back,

                              your money,

                              that they stole.

                              .................................................. ................................................

                              Your auction proceeds were NOT their's to spend in the first place.

                              Bottom line, these people are thieves.

                              -----------------------------------------------------------------------

                              The sooner they shut down, the better.

                              Comment

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