Posted By:
David AtkatzWell, Jay, according to The Group, prospective consignors will want a big chunk of their money upfront. And, of course, the auction house can't afford to pony up all that dough. So, no upfront money, no consignments, no auction house.
The only way out of this disaster is to sell your cards now, for cash (although at a steep discount), to you-know-who.