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Old 04-18-2011, 03:14 PM
Matt Matt is offline
Matt Wieder
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Join Date: Apr 2009
Location: Cleveland, OH
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Quote:
Originally Posted by slidekellyslide View Post
If I'm at an auction and there is a box of cards is it legal for me to tell my bidding nemisis that I won't bid if he'll split the cards with me after the auction?
I'm pretty sure that's collusion, but again, that's not analogous. What if we met at auction and started talking about a lot and we each observe that it's too bad because it has some really cool cards and there's no way we could win it individually, at which point, you propose the brilliant idea of pooling our money to go after the lot. Not only is that not collusion, it's desirable to the consignor.

To put a finer point on it, I believe it is only collusion if all participating parties initially had intent to go after the full lot.
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Last edited by Matt; 04-18-2011 at 03:15 PM.
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