Quote:
Originally Posted by MooseDog
Just a guess, but I would imagine a deal in which you were forced to give up your business would involve some kind of equity deal. In other words, they were probably offered salary plus stock in Collectors Universe which would vest over a period (probably 4 years, gradual vesting - some after year 1, some more after year 2, etc).
The bigger question is that Keating had REALLY high prices...if he's taken all that stuff out of the market does the perceived value of some of the more rare signatures go down (Jim S and Rich S tend to offer/sell at more realistic prices) or will those rare signatures now be harder to find if the Keating inventory is no longer available?
|
Great point. A lot of the stuff was priced super high, and he would not come down on any of it. Even the not rare stuff. Never made sense to me how you can run a business that way, when other people and auction houses are selling things for half the price you're charging.