Posted By:
Fred CJoann,
I think a lot of us (well, at least me) like the idea of a set of standards for the Auction Houses. Putting pen to paper and then concept to work are entirely different. Yes, I believe the Auction Houses should disclose what they own. Yes, I believe the Auction Houses should disclose any/all alterations. Yes, I believe...
The tough part is enforcing this. Who? At what cost? I'm sure it wont be free so it'll translate into business expenses that get passed on to the consumer (higher buyers/sellers premiums). There's so much more...
Good idea! Implementation is not so clear and even with all the efforts nobody is going to figure out what is being shilled and what is not being shilled. There are just too many variables.