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<p>[QUOTE="Suarez, post: 3595528, member: 99239"]It just occurred to me today that there's usually very little info on auction houses (or dealers) when they go out of business. They just stop and usually no one says anything. Granted, most dealers are one-person affairs so it's understandable that they fall off the radar but auctioneers tend to have sizable staffs. </p><p><br /></p><p>I'd be interested in hearing what went wrong, if anyone knows, with firms like Tkalec, Helios, UBS, Gemini, etc.</p><p><br /></p><p>The most famous numismatic firm's demise is probably Numismatic Fine Arts. They were a flashy, high-end auctioneer back in the 80's then went out of business in the 90's when its owner, Bruce McNall, went to jail for fraud. His story was turned into an interesting book I read a few years ago and which you can find on Amazon. A mini-documentary on him here [MEDIA=youtube]1Ymc0JVcgFk[/MEDIA]</p><p><br /></p><p>Rasiel[/QUOTE]</p><p><br /></p>
[QUOTE="Suarez, post: 3595528, member: 99239"]It just occurred to me today that there's usually very little info on auction houses (or dealers) when they go out of business. They just stop and usually no one says anything. Granted, most dealers are one-person affairs so it's understandable that they fall off the radar but auctioneers tend to have sizable staffs. I'd be interested in hearing what went wrong, if anyone knows, with firms like Tkalec, Helios, UBS, Gemini, etc. The most famous numismatic firm's demise is probably Numismatic Fine Arts. They were a flashy, high-end auctioneer back in the 80's then went out of business in the 90's when its owner, Bruce McNall, went to jail for fraud. His story was turned into an interesting book I read a few years ago and which you can find on Amazon. A mini-documentary on him here [MEDIA=youtube]1Ymc0JVcgFk[/MEDIA] Rasiel[/QUOTE]
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