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Posted By: Jeff Lichtman

Bruce's plan would obviously only be positive for our hobby but it can only work if auction houses agree to open their books (and bidders in auctions agree to have their identities and bidding habits reviewed). This will never happen because then the fraud will be uncovered and that is not in the interest of shill bidders. And auction houses would also complain about all that extra paper they would be required not to shred. I just don't see it happening unless bidders got together and demanded it -- with the refusal to participate in auctions the Sword of Damocles over the auction houses' heads.