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PASJDInstead of the new disclosure policy with all the fine print, why don't the major auction houses simply decline to sell items in which their authenticators have a financial interest? How hard is that? If the authenticators want to sell items from their personal collections, fine, let them do it on ebay under their own names, and let their LOA's reflect the fact of the direct sale so that future purchasers are not deceived. While fuller disclosure is commendable, it seems to me it still does not avoid the appearance of impropriety and incestuous relationships. There are some things that even disclosure does not cure and are best avoided in the first instance. Is the problem that too large a percentage of the memorabilia out there is in fact owned by the authenticators themselves?