Posted By:
marshall barkmanNo one is going to buy a story that checks are written from a wrong account. Most con artists or fraudulant people always have a good story or excuse but that is just a out to cover up the truth. How can a company under federal investigation write checks from a wrong account? What needs to happen in the high end baseball card auction game is in order to clean it up then set reserves. No consignor wants to pay 10,000 for a card and then watch it sell for 7,500 so look at Sotheby's or any auction house that deals in valueable goods and you will see many items unsold for not reaching reserve estimates.
There would be no schill bidding or fraudualnt activity if the company did not have to protect the consignor or take advantage of a whale because the company insiders know who needs what cards and why. The whole situation is bogus and i attend at least 5 auctions a week and 90% of all auction houses no matter what the content is are unethical, i watched the moose on the back wall run a painting to 3,500 yesterday when clearly no one in the back section was bidding (lol), the poor bastard that was bidding sat in the front row and just held his bid card in the air and got hammered.
My last thought on the subject is why on earth would anyone send anything to Mastro knowing what happened at the National? You have countless other baseball card auction houses that are not under investigation.