Posted By:
JayJohn--I don't think that does it. I'm sure 75% of the board members would approve most major auction houses(Mastro, REA, Lelands, Hunt, etc.). However, by posting one of their banner ads we are implicitly saying to a viewer that this ONE auction house is the one we believe they should consign to.
Again, I have not gotten a good answer to what kind of money we are talking about here. Is this $10/month for a banner ad to offset Leon's costs or is it $1000/month. While the final amount may not have been negotiated yet I'm sure Leon has some sort of idea what he will be asking for.