Posted By:
CoreyRS.hanusI don't think anything I said is in disagreement with what you said.
I said illegal activity would be a group formed of "individuals, any one of which has the means and willingness to on his/her own bid seriously on a lot."
You said (I believe) illegal activity would be if "the entire group could afford the lot individually AND would otherwise bid aggressively on the entire lot in the absence of the group..."
It looks to me we're saying the same thing. I specifically said that financial means alone is not enough; the individual also must have the desire to bid on the lot and would in fact do so if he/she doesn't join a group.
Suppose, say, Bill Gates decides he is interested in only 1 or 2 cards in a 50-card lot, and he has no interest whatsoever in going to the trouble to sell the other 48 or 49 should he win the lot. Under that scenario, I would see nothing wrong with him joining a group to bid on the lot.