Is AMI paying anyone??

[33bird]

Re: Is AMI paying anyone??

I agree with that too. I think their bad reputation with paying consignors is scaring consignors with GOOD stuff away from even trying AMI. I know anybody that reads all the posts about them on GUU won't mess with them, but I feel sorry for all those collectors that don't know about this site.
Greg

[allstarsplus]

Re: Is AMI paying anyone??

Just personal preference and reputation I suppose but at this point I would only consider consigning to Robert Edwards and Huggins and Scott. I have used Lelands in the past but was not pleased at all with my last experience with them. All of my dealings buying from Robert Edwards and Huggins and Scott have proven to be A plus the whole way around.

Brett - These are horror stories hearing about 10K and 20K+ in consignor's checks not paid. I have one small auction house that paid me a partial payment and ripped me for about 3K and I wrote it off to my own stupidity.

I know REA is as reliable as they get.

This is probably a discussion for another thread, but since Brett brought up REA, I will share a story from this week. A friend of mine consigned a lot of items to Robert Edwards in the current auction and when we went through the items this week in the catalogue the ESTIMATE in the description seemed way low based on even the existing wholesale prices. My friend said the "ESTIMATE" was never discussed with him, but he had hoped it wouldn't hurt his final price received.

I know Hunt sometimes lists Estimates of Value too, but I am not a big fan of that from a sellers perspective---as a bidder I do like it, but would expect that there is a researched basis for the Estimate.

As far as Huggins & Scott, I agree with you on them. I am also a big fan of Lelands so maybe (offline) we can discuss what happened (maybe I can help.)

I also like the GUU Auction format and hope they continue to pump out great items, and everything I have heard is that Chris pays super fast.

For the high end items, the Auction House option is great, but I am still the biggest fan of eBay for the low-end items!

[allstarsplus]

Re: Is AMI paying anyone??

I agree with that too. I think their bad reputation with paying consignors is scaring consignors with GOOD stuff away from even trying AMI. I know anybody that reads all the posts about them on GUU won't mess with them, but I feel sorry for all those collectors that don't know about this site.
Greg

There used to be a guy on here a few years back that was a big fan of AMI. He also consigned a lot to them.

I wonder if he reads this if he could Post.

[both-teams-played-hard]

Re: Is AMI paying anyone??

There used to be a guy on here a few years back that was a big fan of AMI. He also consigned a lot to them.

I wonder if he reads this if he could Post.

Rocco?

[trsent]

Re: Is AMI paying anyone??

Rocco?

I think he is talking about a gentleman out of New York who is not named Rocco.

[treasurechest collectibles]

Re: Is AMI paying anyone??

I sympathize as I have been in the shoes of someone who was not paid in a timely manner although albeit on a way way way smaller scale then 20+k BUT hasn't AMI had problems for a long long time? Why do people keep sending items to them? This isn't something that happened overnight right?

[suave1477]

Re: Is AMI paying anyone??

They are into me for 17k......... 7 months past due..... sent me a check for $182.00 towards total.....It is amazing that there is nothing that can be done to stop these rats. from operating. Im at the point now, that I will spend the 17k to put these people out of business. They dont return calls, and when you do get to them Keita is like talking to a wall, never has an answer, just says we will try to pay you.
Talked with her about 3 weeks ago and she informed me that they were out buying some collections and would get my money as soon as possible, they are using consigners money to run there business.
I will be contacting a Las Vegas lawyer this week and take the next step to put these people out of business. everybody who they owe money to should do the same and it wont take long for the complaints to pile up and that will be it for American Memorabilia.

I am just shocked at this, that they openly admitted they are using other peoples money to keep thre business open.

[33bird]

Re: Is AMI paying anyone??

I've talked to a couple members via email and on the phone and the rumor is AMI is about to close up shop. That's on pretty good authority but I can't mention any names yet. Why oh why did I consign with those crooks. Idiot!
Greg

[33bird]

Re: Is AMI paying anyone??

Oh, and it's funny not one person has posted that they've been paid by AMI in the last year. I've had different members tell me that that they're owed these totals though: 60k, 30k, 25 k, 17k, and 11k. That's just the ones we know about. That's over 100K right there! Where's the money? Guarantee it's in Victor's pocket. He's a crook. How can we get him in jail?

[Lokee]

Re: Is AMI paying anyone??

Correct me if iam wrong but if people that are owed by them are still sending items in that is just plain stupid. Would it not make sense to send 1 or 2 items and if you don't get paid that should be the OBVIOUS sign not to send them anymore stuff.

[Eric]

Re: Is AMI paying anyone??

Looks like there's a lot more people having similar issues regarding getting paid

Click on "American Memorabilia" in each entry to read the post...

http://www.complaintsboard.com/?search=american+memorabilia

[rose14]

Re: Is AMI paying anyone??

I had the same problem on a $7k jersey that I consigned with them in 2007. I had an aggreement with Victor that I would be paid within 60 days or they wouldn't get the jersey. On the 60th day I called an they tried to use the excuse that the bidder had not paid for the item. Well, I know for a fact that it had been paid for as Troy and Dave from Mears purchased it. I told Kieta that if I didn't have my payment by the end of the week that I would fly out there and deal with them face to face. I didn't quite say it as nice as that if you get my drift as there was some pretty harsh curse words mixed in and some angry yelling on top of that. I had a check in my hands three days later.

If I was owed that much money, I would be on the first plane out to Vegas and in their office.

[Marichal27]

Re: Is AMI paying anyone??

For that amount, you probably have to take them to court in Vegas. Retain an atty. etc.

[kingjammy24]

Re: Is AMI paying anyone??

I've talked to a couple members via email and on the phone and the rumor is AMI is about to close up shop. That's on pretty good authority but I can't mention any names yet. Why oh why did I consign with those crooks. Idiot!
Greg

greg, if the race is on to get your money and you've already got your judgement, ask your attorney about a "writ of execution".

rudy.

[33bird]

Re: Is AMI paying anyone??

Will do. Thanks.