Re: Black Swamp auction
Heritage clearly did the right thing here. Just imagine if they had trickled them out and you're a well heeled and frequent bidder. You win the 27/30 lot for $1.2 mil. Then, month after month, auction after auction, high grade E98s appear with regularity. When you discover the truth about the find, how much business are you going to do with Heritage in the future?
An earlier post asked about the ethics of an attic find of multiple T206 Wagners. Of course the vast difference here is that the finder will probably have no ongoing presence in the hobby, and so the financial gain will trump the damage to his reputation.
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