View Single Post
  #79  
Old 09-19-2008, 03:35 PM
Archive Archive is offline
Administrator
 
Join Date: Mar 2009
Posts: 58,359
Default There's Real Dough Is In Rare Ultra High Condition Cards

Posted By: Jeff Lichtman

Everyone talks about these incredible record-breaking prices as if they're gospel. I'd like to see the bidding records for some of these auctions. And the checks that were sent in to the auction houses to pay for these cards.

There's currently a federal criminal investigation underway concerning fraud in the baseball card auction business. Are hobbyists still not convinced that there is a great incentive for certain consignors and auction houses to engage in shill bidding to not only defraud buyers but also to create a false impression over the current state of the market -- so that when the same card gets sold in the future the fake previous sales price is used as a touchstone?

Reply With Quote