[Archive]

Posted By: Wesley

Tim, I personally am not overly concerned about whether the auctionhouse owns the items for auction. But I believe there are worries about an auctionhouse shilling its own items because instead of the 12 1/2 % commission, the auctionhouse would have 100% at stake if it owns the lot. I doubt anyone is worried about this happening in Leon/Scott's auction specifically, but everyone wants to be able to compete fairly.