Charity Auction!?

[Rob D.]

I would shy away from the Legendary/National live auction idea. I think the Net54 lot would get lost in the shuffle with all of the high-priced headliners that typically comprise that auction. It's just the wrong venue.

Plus, because it's a live auction, I think you'd lose a lot of potential bidders. Even though folks who don't attend can place bids, we've had numerous threads in which collectors have expressed hesitancy at bidding in live auctions that they don't attend.

Finally, because many board members previously have expressed their intent never to do business with Legendary/Mastro given the company's history, why go that route when there are plenty of less-controversial auction houses?

I think Huggins & Scott would be a good fit if they're willing. Many of their lots are similar to the type we'd be putting together.