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It very well might. A thinly traded asset with limited (but expensive) price history, independent assessors willing to attest to its inherent uniqueness... It
by fiatmoney 12y ago
It very well might. A thinly traded asset with limited (but expensive) price history, independent assessors willing to attest to its inherent uniqueness...
It's distinct from "lying" about the value - you're intentionally manipulating the market price. Which, actually, is more or less legal for collectibles (unregulated by the SEC) even if you were explicit about it, which you wouldn't be.
Worst case is after taking you to court you're forced to revise the value down somewhat.
http://qz.com/103091/high-end-art-is-one-of-the-most-manipulated-markets-in-the-world/ http://qz.com/103091/high-end-art-is-one-of-the-most-manipul...
- shillster 12y agoThis type of fraud has bitcoin written all over it.
- toomuchtodo 12y agoAnd it would be any different than Bansky works...how?