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Posted By: Corey R. Shanus

Peter,

As to your last post, I'm not saying an auction house to absolve itself of liability has a duty to independently corroborate; I believe I've also said explicit disclosure would be an adequate duty.

I would also argue that statistics can in and of itself establish the necessary red flag to necessitate the disclosure duty (i.e., the belief that a statistically significant percentage of slabbed vintage cards are altered as a matter of law could establish the red flag).