Same SGC 7 Mantle Sold 4 times in 15 months

[Exhibitman]

How do the AHs benefit from fake sales, Johnny?

[Peter_Spaeth]

Originally Posted by Exhibitman

How do the AHs benefit from fake sales, Johnny?

IF it's the consignor buying it back they may have to pay the vig. Otherwise, looks good on the resume, and price umbrella effect.

[Johnny630]

Originally Posted by Exhibitman

How do the AHs benefit from fake sales, Johnny?

Lots of ways….increased revenue from new consignments coming in due to higher prices realized…high prices on the high grades caused a spike in the undercards….1-4’s in vintage 7’s and 8’s in modern say the 93 SP Jeter or 86 Fleer Jordan….could it be the investors drove up the price of the higher grade key cards to gain major accurate revenue from the undercards…I 100% believe the real money was possibly made on the undercards…I often wondered if one or multiple major auction houses allowed their investors/certain consignors the ability to win their cards back by paying only on the final sales bidder premium, not the actual hammer.