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Old 02-17-2004, 11:29 AM
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Default supplement...no...cut out of rare book

Posted By: Hankron

My test for authentic descriptions in cases of fraud, and as applied to Roy Huff's auctions, is: Did the person leave out, or intentionally describe in an overly vague way, an item's quality or nature that 1) If it was included or described clearly, would cause the bidder to submit a substantially lower bid or not bid ("If you had said it was a book page, instead of a suppliment, I would have lowered my bid by 50 percent"), and 2) Did the seller know that if it was included or described clearly, that the bidders would likely bid lower the bid or not bid.


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