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Posted By: peter chao

Peter S., Barry, Guys

There are federal laws against collusion, but none that apply with regard to auctions, so whether auction houses are colluding to jack up prices or buyers colluding, there's no law against it.

However, using collusion in its' general definition, it would include buyer's cooperating in any auction. It even includes buying partnerships. Look at it this way, who's losing out when buyer's collude. That's right, other buyers are losing out. They end up paying more than they should have in order to obtain the cards they wanted.

Believe it or using the general definition of collusion, it even covers the situation when you stop bidding to allow a friend to win at a lower bid.

So guys like Barry need to stay in business so don't make it too difficult on him. But Barry are all those lots are yours? Wow, no wonder you've given up on collecting, you're making too much money. How do I get into your line of work. Working your auctions at night and Seinfeld jokes during the day, sounds like the life to me.

Peter C.