
03-09-2010, 04:19 PM
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Kyle B@rni@k
Member
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Join Date: Feb 2010
Location: Outer Banks, NC
Posts: 307
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Disagree
Quote:
Originally Posted by barrysloate
So let me pose this hypothetical, and it in no way has anything to do with Dean or REA:
We all agree it is unacceptable for an auction employee to bid with the company he works for, even if he only wants to buy something for his own collection. The reason is he has inside information concerning other bidders that would give him an unfair advantage.
So wouldn't an employee of a major auction house have access to the mailing list and contact information of all the auction house's key clients, something he wouldn't have if he were not an employee? And couldn't he contact these key clients with cards for sale? And suppose the deals didn't go so well- couldn't the clients call the auction owner and lodge a complaint about that employee?
So even if selling cards is not a direct conflict of interest, if I owned an auction house with employees I think I would tell them to focus on their day to day work, and not sell the same product the auction house sells.
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Sorry read earlier post, before later clarification.
Last edited by oriolesbb6; 03-09-2010 at 04:27 PM.
Reason: Explained further later in post
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