Quote:
Originally Posted by Mark17
People and museums with rare works of art regularly carry insurance. If a dollar value can be determined for something unique, like van Gogh's The Starry Night, a value can be determined for a Cracker Jack Matty.
Again, the notion the auction listings needed to run to determine value is ridiculous. This is a very rare instance - meaning, values are almost always determined for insurance purposes in other, conventional ways.
Justifying the deception of bidders simply because you want to find out what they would pay is not, IMO, ethical. As another poster said, if somebody on this forum wanted to know what his card was worth and ran a phantom auction to find out, would that be condoned?
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It's not the same thing. The auction was in progress, and perhaps they were given reason to believe recovery was likely. The intent was not to run a phantom auction.