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Old 09-08-2007, 06:18 PM
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Default Auction house double standard -- take two

Posted By: jay behrens

Tim, my sentiments exactly. I stated on this board many time, people here will let things slide that gone in major auction houses that if the same thing was done by a dealer or eBay seller, would get raked over the coals and hung out to dry.

It's sort of the reverse of the auction houses catering to big spenders. Collectors are willing to let auction house misdeeds slide because they offer material that is desired by these people, but they will go after the smaller fish because they don't offer the highly desirable items that auction houses do, so if they run them out of business, they haven't made getting those highly desired items more difficult.

For me, if I had the money, it's not of question of which auction house's items I wouldn't bid on, but which select few would I bid on. REA and Barry Sloate make that short list. Mastro doesn't and many others don't.

Jay

The richest person is not the one who has the most, but the one who needs the least.

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