John Mayer...might get stiffed on sale of Dumble..

Discussion in 'The Sound Hound Lounge' started by T92780, Jan 15, 2015.

  1. T92780

    T92780 Silver Supporting Member

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  2. Ampedusa

    Ampedusa Member

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    Note to self: Don't consign anything.
     
  3. woof*

    woof* Member

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  4. sanrico

    sanrico Member

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    That's horrible!! I'm sure someone will pipe in to say he's rich and can afford the loss, but that's beside the point.
     
  5. traviswalk

    traviswalk In the Great State Gold Supporting Member

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    That's freakin awful, for any musician or creditor in a BK.
     
  6. davebc

    davebc Member

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    Wow! :barf
    That sucks.

    I did some business with Phil at Maverick years ago. But obviously not on that level. :rotflmao
     
  7. lestera34

    lestera34 Supporting Member

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    Wait so the guy who bought property that has essentially been stolen gets to keep it? Sucks.
     
  8. woof*

    woof* Member

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    That's a situation I've never given any real thought to.
    I've consigned a few things over the years, on something high dollar this situation needs to be considered.
    I hope this works out for him.
     
  9. jtm622

    jtm622 Member

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    "MIGHT get stiffed???"

    Man, he's already about as "stiffed" as you can get...

    After the lawyers get paid their "hourly" and other sundry fees; plus: their Xerox bill reimbursements for those 4" thick stacks of documents (mailed periodically to all creditors) that explain in legalese that "You're truly F##ked"...

    Big John will be lucky to come out of this deal with enough change to buy a jar of vaseline...

    Been in Mayer's shoes more than once, myself...
     
  10. mapat

    mapat Member

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    The amp wasn't stolen. It was consigned.

    That being said, crappy that it happened to Mayer.
     
  11. T92780

    T92780 Silver Supporting Member

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    John may have paid $80k originally, so possibly he gets most, or all his money back = 1/2 of $160k? Either way, that sucks.

    Surprised to see he sold what appears to be a FCS SRV and one of his sig TR's for total of $180k. He made great margins on these sales IMO.
     
  12. Jon C

    Jon C Silver Supporting Member

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    Yes, buyer is what's known as a bona fide purchaser ( as opposed to some one do buys stolen property and cannot take clear title to it).
     
  13. silentbob

    silentbob Member

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    Interesting to know that the amp is in town now. I may have to ask around about it.
     
  14. MrLahey

    MrLahey Member

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    This is truly sad.

    I have never had dealings with gear of this price rage, so dumb question.......

    Is there no way to insure such a dealing?
     
  15. ELmiguel

    ELmiguel Member

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    There has been bad talk here at TGP and elsewhere regarding Maverick Music for a couple of years now. This is Mayer's fault for not having one of his servants check this dealer out first.
    The dealer should have been bonded and insured to sell consignments of high dollar items on eBay auction. This is also something he could have checked out.
    I'm sure it's a blow to his ego, but it's also a tax write-off.
     
  16. Polynitro

    Polynitro Member

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    the takeaway is dont sell your dumble jackson brown used to own.
     
  17. zztomato

    zztomato Supporting Member

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    "Rich guy in the 1st world" problem- the worst kind.
     
  18. Custom50

    Custom50 Member

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    If I was Mayer I'd hire someone to break his legs. Screw it, handle it mob style John, get some cred.
     
  19. Tom CT

    Tom CT Old Supporting Member Gold Supporting Member

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    It helps if you read the linked article:

    "John Mayer is a longtime client of Mr. Winfield’s 14-year-old company"
     
  20. omahaaudio

    omahaaudio Senior Member

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    "Maverick Music also sold Mr. Mayer’s 2004 Stevie Ray Vaughan Fender Stratocaster guitar for $60,000 and a Two-Rock amplifier head and cabinet for $120,000, according to court papers."

    WTF? $60,000 for a$1,700 SRV Strat and $120,000 for a $6,000 amp?
     

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