This article serves as an update to a feature published one year ago (see Latest Version of New York State Assembly Bill A01730: Seeks Prohibition of Auction House “Sham” Bids Without Disclosure). [Read more…]
Latest Version of New York State Assembly Bill A01730: Seeks Prohibition of Auction House “Sham” Bids Without Disclosure
An article published in 2007 (see Auction House Buying Considerations, Part II: Chandelier Bid (“Sham Bidding”) Legislation) discussed proposed legislation related to “sham” or “chandelier” bids, described by a New York legislator as “chicanery perpetrated by auction houses,” with auction house Sotheby’s opposed to the legislation. [Read more…]
Anthony Shkutnick’s *stoneark* eBay Account NARU (Not A Registered User) Suspended Status
Today, Anthony Shkutnick’s *stoneark* eBay account (AKA stonark, AKA Corner Collectibles, AKA Cornner Collectibles) was changed to a suspended or “NARU” status (Not A Registered User – or – No Longer A Registered User). This dealer has been the focus of an ongoing investigation into the provenance of items offered for sale to the public that were “guaranteed authentic” wardrobe and other personal items attributed to various classic Hollywood stars and other celebrities. [Read more…]
Charge of “FRAUD” Over Letter of Authenticity From eBay’s *stoneark*
Today, professional wrestler Lanny Poffo has declared that a Letter of Authenticity bearing his (misspelled) name and signature, included as proof of authenticity in a recent *stoneark* auction, is fraudulent.
eBay’s *stoneark*: “Buyer/Bidder Network” Analysis – Part 2
An article published earlier this week (see eBay’s *stoneark*: “Buyer/Bidder Network” Analysis, Part 1) included analysis of a select set of eBay accounts and their bidding activities with eBay seller *stoneark* (AKA stonark, AKA Corner Collectibles, AKA Cornner Collectibles). Anthony Shkutnick, partnered with eBay, offers for public sale “guaranteed authentic” wardrobe attributed to various classic Hollywood stars.
eBay’s *stoneark*: “Buyer/Bidder Network” Analysis – Part 1
30 days ago, I began performing an analysis of eBay seller *stoneark* (AKA stonark, AKA Corner Collectibles, AKA Cornner Collectibles) and bid participation patterns on his listings of “guaranteed authentic” wardrobe attributed to various classic Hollywood stars. As a result, I identified 8 accounts that share not only some remarkable coincidences, but nearly each one has transacted with all of the rest, in addition to buying from *stoneark*.
eBay Announces More “Progress”, Less Transparency
eBay has published an “Important Security Announcement”, which equates to more “progress” and less transparency. The latest announced change will result in the privatization of bidders identities not only during bidding, but following the close of the auction. [Read more…]
Auction House Buying Considerations, Part II: Chandelier Bid (“Sham Bidding”) Legislation
Rick Spector of Stairway to the Stars forwarded a link to an interesting article, given the discussion initiated in Part I of this series.
This is an interesting development in how it relates to certain auction house policies (see Odyssey Auctions Terms and Conditions in prior article). [Read more…]