Autograph Auction LOA's Do they mean anything?
I just saw an auction LOA that was obviously fake. I understand that they are using this form for the large grouping, but if these items are not gone through individually whats the point. I could walk past a pile of autos and issue a COA stating that yes I walked passed a pile of autos. Next, what is to keep an auction house from using this blanket certificate for items that it was not intended for? Does anyone see anything useful in these auction loa's other than generating money for the TPA and giving a false sense of security to the bidder? Am I being over critical here?
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James Wymer
Wymers Auction
wymersauction.com
Always accepting quality consignments
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