Barry

Whilst we understand and respect your knowledge, you have not been active in the ultra high market for many years. With all due respect, we think you underestimate the accuracy of our observations..

1) Sales totals for all the auctions are published.
2) With simple math, one can assess the % of items that fall into each of the categories.
3) By constantly surveying auction houses, advanced wealthy collectors, and with 30 years of private contacts, we have a pretty clear picture of who controls the bucks.

As for the gentleman, who indicated all we care about is money

1) we are advanced collectors, and except one personal emergency, we don't sell

2) The compounded growth of our ultra elite collection is grown more than 15% a year over the past 24 years

3) We would think that only place the bottom fell out was your foot which was clearly stuck in your mouth when you made the aforementioned comment.

Our major point is that a select few collectors, less than 250 ,are the market for the ultra rare, expensive, high grade materials. It is these items that attract publicity and drive traffic to the most important auction. Remember that the average lot in the recent REA auction sold for over$ 5,000. That is would certainly eliminate Leon's group of $50 and $500 a month collectors.

We appreciate your interest and look forward to an aggressive buying season in 2011-2012

Bruce Dorskind
America's Toughest Want List
bdorskind@dorskindgroup.com