What if I don’t pay my Rolex bid for antiquorum

[guyastronomer]

Yes, I messed up. I accidentally bidded on a Rolex about 5000 euros on the online antiquorum platform and I won. It’s my first time bidding but I’m curious what if I ignore them when I win the bid? Will I get into deep deep trouble?

I know I messed up big time, I’m wondering if I’ll get into trouble as I regretted my decision. Sounds stupid I know…

[Knappo 1307]

You need to honor your commitment, "mistake" or not.

[Chris]

Hmmm so uve now bought 2 watches something doesnt smell right!!!

[guyastronomer]

Yesterday I joined the Antiquorum Monaco auction as an online bidder. However during the session the online bidding platform was having glitches and bugs, connection issues and I may have accidentally got a highest bid for a Rolex that I do not want… I should have be more careful, I am curious what should I do if I want to back out as a highest bidder?

The watch isn’t too pricey, it’s a vintage, I wonder if I should email Antiquorum and tell them I do not want the highest bid? If I do not pay, will anything happen? Please advice, I’ll definitely be careful next time. Will they file a legal claim or get me in trouble?

[southtexas]

You should call them and talk to them. Please report back here with their response.


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[shaunylw]

Originally Posted by Knappo 1307

You need to honor your commitment, "mistake" or not.

Honor your commitment . He apparently accidentally placed a bid, i would honor nothing. This isn’t a world war, it’s not that serious.

Likely this will get you booted off the site but you won’t own a watch you didn’t want.

[Knappo 1307]

Originally Posted by shaunylw

Honor your commitment . He apparently accidentally placed a bid, i would honor nothing. This isn’t a world war, it’s not that serious.

Likely this will get you booted off the site but you won’t own a watch you didn’t want.

Unfortunately, this is the problem with some in todays society. "Accidently" and or "Regret", as stated above contact the company and explain the situation. I'm having a hard time believing it was an accident. And if you think your word is not "that serious", you are part of the problem, You've wasted someones time, so although it may not be serious, it's irresponsible. Oh and here's some emojis

[MrGoat]

Originally Posted by Knappo 1307

Unfortunately, this is the problem with some in todays society. "Accidently" and or "Regret", as stated above contact the company and explain the situation. I'm having a hard time it was an accident. And if you think your word is not "that serious", you are part of the problem, You've wasted someones time, so although it may not be serious, it's irresponsible. Oh and here's some emojis

I agree. My word and my character is the most valuable thing I have.


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[Knappo 1307]

Originally Posted by MrGoat

I agree. My word and my character is the most valuable thing I have.


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Agreed! It should be the most valuable thing any of us have.

[zengineer]

I'm accidentally calling the idea of accidentally bidding pure nonsense.

You either bid or didn't bid.

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[shaunylw]

Originally Posted by Knappo 1307

Unfortunately, this is the problem with some in todays society. "Accidently" and or "Regret", as stated above contact the company and explain the situation. I'm having a hard time believing it was an accident. And if you think your word is not "that serious", you are part of the problem, You've wasted someones time, so although it may not be serious, it's irresponsible. Oh and here's some emojis

If it’s not an accident, you’re exactly right. If it was indeed an accident, no chance I’m paying it nor would you. I can agree it’s hard to make a bidding mistake, typically it’s a multiple click process. But their could be platform issues, I’ve had it happen on eBay before.

You act like he committed to join the service with this my word is my bond act. They simply go to the next highest bidder and offer it up. There is a reason platforms have this built in, it’s not an uncommon occurrence. It’s annoying, but it happens.

Accident is different then regret. If it’s truly a mistake in the buyers end or the platforms end, he should not be paying. If it’s regret, that’s unfortunate. Pay the bill.

[Tools]

Entering into a legitimate auction is no different than any other "contract".

Read your obligations and expectations about the particular auction you are involved with. You do have legal obligations and recourse, as does the auction house.

[Knappo 1307]

Originally Posted by shaunylw

If it’s not an accident, you’re exactly right. If it was indeed an accident, no chance I’m paying it nor would you. I can agree it’s hard to make a bidding mistake, typically it’s a multiple click process. But their could be platform issues, I’ve had it happen on eBay before.

You act like he committed to join the service with this my word is my bond act. They simply go to the next highest bidder and offer it up. There is a reason platforms have this built in, it’s not an uncommon occurrence. It’s annoying, but it happens.

Accident is different then regret. If it’s truly a mistake in the buyers end or the platforms end, he should not be paying. If it’s regret, that’s unfortunate. Pay the bill.

I see you've listed a few watches here on TRF. Using your example if a buyer and you have a back and forth, and you both agree to do a deal, then the buyer ghosts you and you never hear from them again, in your words "it's not that serious" and it's fine right? Or you both agree on a deal, and 5 minutes later someone PM's you with a higher price, since your word is "not that serious", you go with the higher price even though you committed to the other buyer, that's ok? In my opinion your word is your word, no matter how big or small the commitment. I am glad you came back and explained in better detail your side, but I have to stand with what I first posted.
Also, why in the hell is the OP even bidding on the watch if he never wanted it? I'm having a hard time with that. You bid, you won, pay the bill...

[asiparks]

... accidentally bid on a watch I did not want....

Accidentally? I don't for a second believe that.
WTF were you even bidding on it ? To make it more expensive for bidders that did want it? Sh&ts and giggles to feel like a big boy ?

So, no, not the end of the world, but pretty juvenile.

[afnios1]

you pay and learn your lesson.
Plus,when registering in an auction there you provide a valid cc and the top of an amount you wanna go.All the rest are just bla bla.

[swaini3]

Accidents do happen..... You should have called them right away and asked them to retract it. Too late now maybe. I expect a ban or a fee charged to your credit card.

[shaunylw]

Originally Posted by Knappo 1307

I see you've listed a few watches here on TRF. Using your example if a buyer and you have a back and forth, and you both agree to do a deal, then the buyer ghosts you and you never hear from them again, in your words "it's not that serious" and it's fine right? Or you both agree on a deal, and 5 minutes later someone PM's you with a higher price, since your word is "not that serious", you go with the higher price even though you committed to the other buyer, that's ok? In my opinion your word is your word, no matter how big or small the commitment. I am glad you came back and explained in better detail your side, but I have to stand with what I first posted.
Also, why in the hell is the OP even bidding on the watch if he never wanted it? I'm having a hard time with that. You bid, you won, pay the bill...

You make valid points. I may be giving the OP the benefit of the doubt when we all know what likely occurred.

[47Fountain]

Originally Posted by guyastronomer

Yesterday I joined the Antiquorum Monaco auction as an online bidder. However during the session the online bidding platform was having glitches and bugs, connection issues and I may have accidentally got a highest bid for a Rolex that I do not want… I should have be more careful, I am curious what should I do if I want to back out as a highest bidder?

The watch isn’t too pricey, it’s a vintage, I wonder if I should email Antiquorum and tell them I do not want the highest bid? If I do not pay, will anything happen? Please advice, I’ll definitely be careful next time. Will they file a legal claim or get me in trouble?

You didn't "accidently" get the highest bid. You bid what you were comfortable with at that moment. Just so happens that nobody else bid higher than you. Pay the man, you just bought a watch. You don't sport a " man bun" do you?

[KY..]

Originally Posted by MrGoat

I agree. My word and my character is the most valuable thing I have.

I seem to remember a quote like this from Tony Montana/Al Pacino in Scarface…
https://www.youtube.com/watch?v=5YEmihm6w6g

[GGGMT]

Originally Posted by KY..

I seem to remember a quote like this from Tony Montana/Al Pacino in Scarface…
https://www.youtube.com/watch?v=5YEmihm6w6g

Ah the memories. A top 3 movie of my lifetime.


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[Andad]

Pay for it and maintain your credibility.

Resell it down the track.

The way Rolex prices are going you can’t lose.

[joli160]

Originally Posted by asiparks

... accidentally bid on a watch I did not want....

Accidentally? I don't for a second believe that.
WTF were you even bidding on it ? To make it more expensive for bidders that did want it? Sh&ts and giggles to feel like a big boy ?

So, no, not the end of the world, but pretty juvenile.

This

[guyastronomer]

Just an update
They successfully retract my bid and cancelled my invoice with no questions asked. Thankfully. I will not be bidding anytime soon. I agree it’s my mistake in the first place so no excuses, the main issue I had was the lag and latency issues causing the website to be slightly glitched, and the site was messy and I clicked the button just when it was at the highest bid.

It’s my first time bidding as well, I’ll definitely not do this in future. Thank you for your replies!

[Craigdwh]

Consequences and taking responsibility for one's actions are no longer required in life.

[zengineer]

Originally Posted by guyastronomer

Just an update
They successfully retract my bid and cancelled my invoice with no questions asked. Thankfully. I will not be bidding anytime soon. I agree it’s my mistake in the first place so no excuses, the main issue I had was the lag and latency issues causing the website to be slightly glitched, and the site was messy and I clicked the button just when it was at the highest bid.

It’s my first time bidding as well, I’ll definitely not do this in future. Thank you for your replies!

So you meant to bid but didn't want to win?

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[XtraCrispy]

Originally Posted by Craigdwh

Consequences and taking responsibility for one's actions are no longer required in life.

Sadly, you are correct, Sir!

[Harry-57]

Many of the most valuable lessons in life are the ones hardest learned.

If you can genuinely and credibly explain your error to the auction site, they may discharge you from your responsibility. If this is just buyer's remorse disguised as some sort of error not in your control, you have just learned something which you will profit from for the rest of your life. In time you may come out ahead.

Of course, this may only apply to people who are serious when they commit to something. It's hard to spot the fakes from the people of genuine character - until they let you down.

[brandrea]

Originally Posted by knappo 1307

unfortunately, this is the problem with some in todays society. "accidently" and or "regret", as stated above contact the company and explain the situation. I'm having a hard time believing it was an accident. And if you think your word is not "that serious", you are part of the problem, you've wasted someones time, so although it may not be serious, it's irresponsible. Oh and here's some emojis

Originally Posted by mrgoat

i agree. My word and my character is the most valuable thing i have.


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100%.