08-06-2012, 07:03 AM
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Ke.n K0hen
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Join Date: May 2009
Location: Alexandria, VA
Posts: 792
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Quote:
Originally Posted by David R
Peter,
Let me suggest something else. Would there be anything wrong or fraudulent in this situation: I find 10 t206 Wagners in my attic that are in such good condition that they would grade between 7 and 9. I don't tell anyone about it. Instead, I pick out the nicest one, have it graded, and give it to an auction house to sell it for me. Over time I do the same with the rest. In this situation, does anyone really think I have a duty to "the hobby" or anyone else to disclose that I found 10 of these Wagners before I sell any? And can anyone really argue with what seems to me is a pretty self-evident point: I would make a lot more if I don't disclose them all or have them graded at the outset.
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I think you would need to fulfill your duty to "the hobby" by putting them up for sale on BST at heavily discounted prices.
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