Quote:
Originally Posted by Johnny630
What for? This will have no impact on their business. The collecting community as a whole along with the bidders and consigners, don’t care they’re going to continue to do business with them. Most are cool with them continuing the auction of the lots that were stolen even after they no longer had possession of them to get a comp for insurance purposes. This will all blow over like all the other scandals have over the years.
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No doubt. I think I even posted that a few days ago. I doubt there will be a loss of business for the company.
What should stick is that now it behooves anyone who consigns to try to establish a value (for insurance purposes, not a guarantee of what the items will sell for) with the auction house prior to sending them your stuff. And an inquiry might be made to see if the items consigned will be away from the premises at any time and what that looks like.