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#11
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Not just commodities. When price fixing was eliminated in the art house auction world prices came down -- and people still consigned.
What I think you're trying to say is that the reason auction houses engage in fraud is that they need to get the consignments -- and if one guy is committing fraud then the next guy must as well in order to realize the same prices in his auction -- in order to continue getting consignments. All that is well and true but it doesn't excuse fraud, it just means that unless and until everyone stops cheating many others will feel the need to cheat too. Doesn't make it right and the last thing we should be doing on this thread is arguing for fraud to continue being a known and forgiven part of our hobby. There's just no good reason to ignore the fraud. What people don't realize too, is good luck in selling your fraudulently inflated cards. We all 'think' we know what the cards are worth but our thinking is largely based on past recorded sales -- which are also affected by fraudulent selling practices. Ever wonder why when you sell a card on ebay that you bought at an auction it doesn't do as well?
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