Message Font: Serif | Sans-Serif
No. of Recommendations: 0
I would just like to clarify something about the online auction venture Sotheby's is participating in with

People should realize that Sotheby's doesn't guarantee unconditionally the authenticity of all the items. What they are doing is inviting dealers to join this adventure. In return, they pay a lower seller's rate than let's say a regular "Joe" submitting an item directly to Sotheby's.

Please be careful in making this distinction. In essence, Sotheby's is using its name to attract dealers (who are supposed to be reputable), but ultimately if you bid on something being sold by a dealer, it is the dealer's responsibility to make sure that it is real.

Basically, it would be physically impossible for the experts to see every single piece put up on the website.

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.