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<p>[QUOTE=&quot;Zoopapa, post: 2794356, member: 88465&quot;]Having been A auctioneer in the coin business for over 30 years, I have known about some &quot;knockout&quot; sale activities that have taken place in sales, mostly many years ago,before the Feds took great interest in this auction activity. The Feds have acted on collusion in auctions in NY and other venues, convicting numerous jewelry and antique dealers big time. The art industry and machinery auctions were also targets of the law. Most people were previously not aware it was illlegal when they did it, because it had been such a common practice for many years. After the big Fed push was publicized the activity all but disappeared. Now the coin business is so big and profit driven and has Internet bidding that such deals can rarely affect most auctions.[/QUOTE]</p><p><br /></p>

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