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Posted By: Daniel

I thought I'd share with you all that most of the lots which did not meet reserve are pending a sale to one of the bidders. The prices are being materially discounted, with my consignor’s approval, due to my inability to absolutely determine if the prices were artificially pushed up. One of the bidders, who has bought from me before, has been blocked from participating in my future auctions until I am comfortable with his intentions with respect to the Exhibit auctions. I have not decided the fate of my consignor but my suspicion is that we will no longer be working together, which seems to be a mutual decision. I sincerely appreciate those of you who have been supportive of me in what has been a horrendous situation that I wouldn't wish upon anyone.