In my humble opinion if an auction house doesn't want to stand behind their items and their POV is that what's bought is bought, then they shouldn't offer an LOA at all. They should fully disclose that they don't stand behind the authenticity of their items and all approximations made about the potential authenticity of their lots is assumed by the buyer.
That's more or less what they're saying with those BS disclosures. I have no idea what being a second or third purchaser has to do with authenticity. If it was fake the first time it sold, it was still fake the second and third time.
Last edited by packs; 03-01-2016 at 03:49 PM.
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