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  1. #1
    Senior Member Eric's Avatar
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    Jan 1970
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    Historic Auctions- Conflict of Interest?

    Just wondering-

    I know the last time Historic Auctions had an auction, they sold ASI items which were authenticated by Brad Wells.

    Nowhere in the auction descriptions did it disclose the conflict of interest regarding Mr. Wells having (currently or at one time) a financial interest in the ASI items AND being the authenticator.

    They are again auctioning items with ASI stickers like this
    http://www.historicauctions.com/sear...ctionid/33019/

    and again, I do not see this conflict of interest explained to the consumer. Is it somewhere and I just haven't found it?

    I know that this was reported to federal authorities and a consumer protection agency last time since it is a punishable offense, so I'm wondering if they have changed their ways.

    Eric
    Always looking for game used San Diego Chargers items...

  2. #2

    Re: Historic Auctions- Conflict of Interest?

    Eric..those are brads new ASI stickers..if you see his Jones items it is the same font but with AJ25.
    Bryan Oberle

  3. #3
    Senior Member Eric's Avatar
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    Re: Historic Auctions- Conflict of Interest?

    My point is- do people realize he has been associated with asi AND he is the authenticator.

    That is a conflict of interest.
    Always looking for game used San Diego Chargers items...

  4. #4
    Senior Member Eric's Avatar
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    Re: Historic Auctions- Conflict of Interest?

    The Bob Feller signed baseball with ASI sticker has been taken down

    That leaves the following baseballs with asi stickers AND brad wells letters

    John Kruk http://www.historicauctions.com/sear...ctionid/32871/
    Sammy Sosa http://www.historicauctions.com/sear...ctionid/33021/
    Always looking for game used San Diego Chargers items...

  5. #5

    Re: Historic Auctions- Conflict of Interest?

    My only thought on the Sosa ball is that the hologram pre-dates the formation of the current ASI (Brad Wells) and was issued when ASI was known as Authentic Sports Investments when Scot M. was the President.

    I think James Brown reads the Forum so it would probably be a good idea to mention any possible, implied or inherent conflict of interests between authenticators and items in the catalogue.

  6. #6
    Senior Member
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    Nov 2005
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    Re: Historic Auctions- Conflict of Interest?

    Every single auction has has a conflict of interests to some degree on EVERY auction, they want to authenticate the item so it will sell. Case and point on historic auctions last auction when they sold for over $3,000 cobined a fake Carnell Williams and a fake Michael Clayton. i have ran into this problem with almsot every auction house, the point is that all buyers should do their homework before puchasing and NOT leave it up to a piece of paper that magically becomes a COA.

 

 

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