Any Reaction to Legendary Auction Prices

[Rich Klein]

Was that since Legendary has a need to be super transparent in their auction process; that for future catalogs; ANY and all reserves need to be stated in both their catalog and thus in their on-line descriptions.

Obviously; that should be true for all auction houses in that reserves should be announced immediately; however; in legendary's case, the past history of their preceeding company means they need to be even more cautious. I'm not stating that anything is wrong with this, as this is "standard auction and hobby procedure", but for legendary, the reserve should be annouced immediately.

In addition, the fact that the consigner was willing to take less than the reserve for an item; shows that not everything has to hit the reserve for an item to be sold.

This is just MOO in terms of what Legendary (because of their specific and public situation of their previous company) needs to do to keep the perception of themselves as good stewards for their consignors.

Rich