Quote:
Originally Posted by Peter_Spaeth
I am surprised that the principal focus of this thread has been a few (presumably) unpaid consignors instead of (1) serious accusations of shill bidding against Mastro by a lawyer and board member with unquestioned credibility, and (2) revelations that the principal of the #2 grading service (#1 by far on this board) continues to buy and sell hundreds of thousands of dollars of cards. To me anyhow that is the far more interesting story line.
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I am surprised about that as well, Peter. It is a shame that Mastro has been unable to pay it's consignors, and they have justifiably been criticized about that for weeks. Also we have read about allegations of shill bidding for different auction houses for a long time.
For me the biggest news from reading the NY Daily News article and see that Mastro and Dave Forman is involved in litigation regarding hundreds of thousands of dollars for purchases made by Forman. I use SGC or grading and I rely on SGC for purchases and I am not exactly comfortable with hearing this news. Some are ok with it, but I don't like hearing that the president of SGC allegedly owes Mastro $400,000 for purchases, and that the president of SGC still consigns cards on such a large scale.