auction turnaround

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Posted By: Anonymous

I agree that there is nothing wrong with any bidder receiving special credit terms as long as consignors get paid. The auction house should be allowed to lend money to anyone they want to. The problem is not what Scott bids on in auctions and wins for resale but it would be a problem if items are consigned to Scott Gaynor directly by the auction house that have been reported to have sold in the auction and really haven’t. That would really open up a hornet’s nest (not for Scott but for the other auction). Scott, does this ever happen? Can you tell us this? There are always lots of Lelands items in your auctions after every Lelands auction. Do you bid on and own them all? Or does Lelands ever consign these items directly to your auction? To me that is the important question. Whatever the answer (if you can) , you do a great job keep it up.