New Yorker buys $6k worth of vintage audio equipment at auction and gets a text asking him to sell it back because they sold it “by mistake”

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  • Man relaxingon a couch, checking his smartphone at night while leaning against large beige pillows.
  • Bought $6k worth of Vintage Audio at an Auction… Now being asked to sell it all back.

    Recently, I saw about (30) pieces of vintage audio going up for auction. Super cool stuff, tube amps left and right, a 4-channel Technics reel to reel, etc... some one of a kinds in there I can't even find references on.
  • I pawned my watch to buy this stuff to flip. Honestly, it's potentially worth upwards of $22k. Some stuff I wanted to keep, too.
  • I just got home from picking it up, and I see a text from the auctioneer stating that the equipment belonged to someone else, and asking if I would sell it back. What are my options here?
  • It seems like being a j and keeping the equipment is an option, the way they worded the text with "would you"...
  • Or, is that simply meaning, "would you save us the trouble of getting the police involved"....?
  • Any help is greatly appreciated.
  • Man reacting in surprise to something on his smartphone while wearing a black baseball cap.
  • If I were to sell it back, I'd at least want the interest covered on my. ... let alone something for the time and effort I put into grabbing the stuff.
  • EDIT: I have reason to believe it was actually only (1) piece that they offered me today after someone supposedly didn't pay. I had won the 30 pieces individually.
  • Of course, this one piece is worth upwards of $3k, and they sold it to me for $600, which was the highest bid not including fees (they waived them, I paid a 20% premium on all of it).
  • I will be asking for clarification, but just wanted to go into the response with some leverage, etc. Thank you all for the replies.
  • Not sure if business law is the correct flair but here goes....
  • jecates "All transactions are final, just like your auction stated. If I had decided I needed that money back to pay rent, would you have bought it all back?"
  • rexbacchus27 "Wow man. I just sold it to a collector overseas."
  • slowhand53 So they need to cover transaction fees, storage fees, and your time for purchase, processing, and return.
  • At the end of the day, should be 10-15% above what you paid. Otherwise they need to put in a claim to their insurance claim and their E/O policy for their f up.
  • thetrb You don't need to respond at all. The only time you'll have to respond is if they sue you.

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