As Steve mentioned above, Live Auctioneers (as well as Invaluable / AuctionZip) are both used by many legitimate auction companies (Sotheby's, Heritage, Hindman, etc.), but since any company can pay to use their auction software - there are and will be some bad characters selling on there.
Dalshire has been selling blatantly fake items on there for a while. There are a few other companies who regularly do the same. The easiest way to tell an auction house to stay away from on there is to look at their past auctions. All of the "bad" ones run the same stuff over and over again and have crazy high estimated prices and lots of unsold items every auction. If you see that, don't even bother looking at their listings. Also, Dalshire has a ton of negative reviews on Google (don't go by the reviews on LiveAuctioneers as the bad companies usually flood those with fake positive reviews).
Not sure how these companies get away with this repeated fraud, but you'd think at some some form of authority would look into it / shut it down. All of the evidence is out in the open...
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