Quote:
Originally Posted by JustinD
This was my second thought after realizing that running the auction in silence was the best move to establish value for items that perhaps have aged comps or none at all.
It certainly seems like there has to already exist bonded receipt/delivery companies in all 50 states for high value shipments, collectables, art, etc. Just shipping to a contractor in Ohio and giving them a short drive vs. direct delivering 2 million in items to a business front that has likely 70% of in-house employees on minimum wage or close to it seems dangerously risky.
If this is not the case, I may have just come up with a business idea.
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While definitely risky, shipping via FedEx or some similar shipper while having your own insurance in case of problems is presumably the cheapest way to do it and has likely been done that way for a long time (as indicated in the SCD article). Most companies these days will usually try to do things as cheaply as possible until there's a problem. Then they will reassess if it's worth spending more to do it differently.