Warranties are all good and well, but I'm maintaining that it in the future it would be far better for the hobby, the business, the auction houses and dealers and ultimately the buyers if independent, recognized (and named) expert verification were done for a very pricey item prior to it being sold. Such a verification would actually *enhance* the value of the auction, so how would the auction houses and dealers (or the consigners) lose with such a policy? And I'm sure it would make the auction house's insurance companies feel better. It would also give confidence to the buyers/bidders and they might be willing to pay more.

Going with strictly the warranty, it becomes the responsibility of the buyer to determine if he has been sold a fake or not. That's not right. Maybe he does get someone to verify, or maybe he mistakenly takes the auction house/dealer on their reputation and doesn't bother. Or maybe the buyer doesn't find out about the fake until after the warranty has expired. That's exactly the opposite of the way things should work.

Keep the warranties, sure, but on very pricey items be able to auction/offer a MUMMY's HAND half-sheet with a description that says "This poster has been examined by recognized poster expert ______________ who has determined to the best of his ability that it is a genuine original movie poster containing ___% original paper. Mr _____________ states that this is his best opinion but is not legally responsible for any loss or damage resulting from this opinion or any subsequent purchase of this item."

The lawyers can work out the exact wording.

I fail to understand why there is resistance to such a simple and effective idea.

-- JR

Franc wrote:
I just decided to take a look at the "limited Warranty" provided by one the big auction houses. It clearly reads that the auction house " warrants for a period of 6 years that any article described in UPPER CASE TYPE which is unqualifiedly stated to be the work of a named author or authorship, is authentic and not counterfeit." In other words the auction house is responsible for this warranty. Villian or not, the auction is clearly responsible for returning the full cost of the salet to the buyer by virtue of this warranty. FRANC

    -----Original Message-----
    *From:* MoPo List [mailto:mop...@listserv.american.edu] *On Behalf
    Of *Richard Halegua Comic Art
    *Sent:* Tuesday, September 01, 2009 4:07 PM
    *To:* MoPo-L@LISTSERV.AMERICAN.EDU
    *Subject:* Re: [MOPO] Poster Villains

    Kudos to Steve


    At 01:01 PM 9/1/2009, Stephen Fishler wrote:
    Clearly, there are villains here who decided to CREATE some very
    valuable posters in order to line their pockets.

    Having said that, let's not work overtime in order point the
    finger of blame where it clearly does not belong.  There auction
houses that may have sold fakes have acted responsibility here. They are not the enemy.




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