David -- surely you've seen the threads here about bidders in PWCC, Probstein and possibly elsewhere with incredible numbers of retractions. Now maybe spread out over as many auctions as there are, it's still a low percentage; or maybe the items you are bidding on are less likely to elicit that sort of misconduct than other types of items; but in any event it obviously happens with some frequency.
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Four phrases I have coined that sum up today's hobby:
No consequences.
Stuff trumps all.
The flip is the commoodity.
Animal Farm grading.
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