Quote:
Originally Posted by Aquarian Sports Cards
There are a couple that give themselves that right in their T&C. Goldin is one of them. As long as it's disclosed it's legal.
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Scott,
Again, hypothetically speaking ….
If an auction house knows what the reserve is, it knows that its bids essentially are a nullity and have no chance of actually winning an item …. there is no ethical issues raised by this?
So an AH could have TWO bidders running something up with full knowledge that neither of them could possibly buy it?
Weird.