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Posted By: leon

To answer your question(s)I am not sure it's a "yes or no" answer. If your question is "Do auction houses allow the consignor to set their own reserve?" Technically, I think the answer is no. However by letting the consignor bid on their own item (yes, as I said there are at least 3 major ones who have said I could) aren't we doing the same thing....just covertly? Why all the games? I like what Ryan has done for that very reason. I could even see doing it with at least one of my cards if I ever sold it....For me I like to know where I stand on stuff. I know the Pete Hill WILL sell at 200k + the commission. To me that's far better than me giving a card to Ryan's company and then having an agreement to let me bid and win it and pay the juice on it....again, to me it's the disclosure I applaud...Also, I am not saying the auction houses are doing anything illegal or unethical but it is a slippery slope...I am a customer of almost all of the ones I am thinking of so have no moral issue with it....It's an interesting debate.....regards