Legendary Auctions May Auction

[Peter_Spaeth]

And in my opinion that no one gives a damn about, Dave should choose, does he want to own a grading company, or buy and sell cards. Not both.

[calvindog]

Originally Posted by Peter_Spaeth

And in my opinion that no one gives a damn about, Dave should choose, does he want to own a grading company, or buy and sell cards. Not both.

Peter, he's also planning on putting in some new carpeting in his bedroom; would you care to let him know which color you prefer?

Edited to add: where the hell is the grinnie?????

[Peter_Spaeth]

Originally Posted by calvindog

Peter, he's also planning on putting in some new carpeting in his bedroom; would you care to let him know which color you prefer?

Edited to add: where the hell is the grinnie?????

Weak, counselor, weak. And you know it.

[calvindog]

Found it!!!!!

[calvindog]

PS: David Hall called me and asked if you could also pick out the color of his couch.

Peter, honestly, I appreciate your position. And in a perfect world there would be no conflicts of interest in any part of our hobby. But it's just so unrealistic now as many people get into the business end of the hobby BECAUSE they are hobbyists. And we should concern ourselves first and foremost with reporting fraud and stopping fraud. We don't have the luxury just yet to even begin a rational discussion of conflicts of interest unless fraud is involved.

[Peter_Spaeth]

I don't know too many dealers in the position of being able to grade their own cards, or dealers who have a brother who owns a grading service. If that isn't a serious conflict of interest -- and I am not saying any wrongdoing took place, just pointing out the APPEARANCE OF IMPROPRIETY which as you know is the legal standard for a conflict of interest -- I don't know what is. And of course I agree with you about fraud, but that doesn't mean other things should not be discussed as well -- IMHO.

[Kenny Cole]

IMO, an undisclosed conflict of interest such as is being discussed is fraud -- at least constructive, probably actual.

I'm still pondering the disclosed conflict. I suppose my perspective on that depends on the nature and extent of the disclosure, but it smells bad, period. Peter is right, although it really pains me to agree with a defense lawyer. Grade cards or buy and sell them, but don't do both at the same time.

Kenny

[Peter_Spaeth]

Originally Posted by Kenny Cole

IMO, an undisclosed conflict of interest such as is being discussed is fraud -- at least constructive, probably actual.

I'm still pondering the disclosed conflict. I suppose my perspective on that depends on the nature and extent of the disclosure, but it smells bad, period. Peter is right, although it really pains me to agree with a defense lawyer. Grade cards or buy and sell them, but don't do both at the same time.

Kenny

Kenny, how are you at interior decorating?

Oh by the way, since 2004 has Dave "insisted" that others to whom he has consigned (such as Mastro, to whom we know he consigned as a result of the lawsuit) also disclose his ownership interest?