Quote:
Originally Posted by pwilk17
I do not mind if any auction house owns material in one of its own auctions as long as it is disclosed prior to bidding commencing and there is absolutely no shill bidding period. The auction house can take its chances like any other consignor (obviously they may promote their own items more than others through catalog placement etc.). I absolutely do not believe any owner/officer/director and employee of any card grading company should be allowed to purchase, have cards graded or sold from their first day of employment until their last - period!
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This post is comical. What if the auction house promises to divulge ownership interest in cards in its auctions -- and then does not do so?
What if the auction house promises not to shill bid -- and then does so anyway?
What if the auction house bids on their own material -- with improper knowledge of what other bidders are doing?
And yes, let's have contracts signed, many carefully worded contracts. And who will enforce them -- God?