Comments on: The uncollectable artwork http://blogs.reuters.com/felix-salmon/2010/01/19/the-uncollectable-artwork/ A slice of lime in the soda Thu, 23 May 2013 15:36:00 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: NewSouthZach http://blogs.reuters.com/felix-salmon/2010/01/19/the-uncollectable-artwork/comment-page-1/#comment-11326 NewSouthZach Thu, 21 Jan 2010 02:55:39 +0000 http://blogs.reuters.com/felix-salmon/2010/01/19/the-uncollectable-artwork/#comment-11326 Felix, I think you're misreading the conditions. By my reading, at each change of ownership, the new owner may establish a new value for the artwork. If the artwork does not sell in a particular quarter, the owner may revalue it. Felix,

I think you’re misreading the conditions. By my reading, at each change of ownership, the new owner may establish a new value for the artwork. If the artwork does not sell in a particular quarter, the owner may revalue it.

]]> By: Uncle_Billy http://blogs.reuters.com/felix-salmon/2010/01/19/the-uncollectable-artwork/comment-page-1/#comment-11285 Uncle_Billy Wed, 20 Jan 2010 00:47:17 +0000 http://blogs.reuters.com/felix-salmon/2010/01/19/the-uncollectable-artwork/#comment-11285 So many touchstones here... Woody Guthrie's fascist-killing guitar Black box trading tools "By way of deception, thou shalt do war" So many touchstones here…

Woody Guthrie’s fascist-killing guitar
Black box trading tools
“By way of deception, thou shalt do war”

]]> By: KenInIL http://blogs.reuters.com/felix-salmon/2010/01/19/the-uncollectable-artwork/comment-page-1/#comment-11284 KenInIL Tue, 19 Jan 2010 23:29:37 +0000 http://blogs.reuters.com/felix-salmon/2010/01/19/the-uncollectable-artwork/#comment-11284 If I'm understanding your description of the once-per-quarter price change, there should be some difference in the bidding behavior at those times. The person holding the work on a quarter gets to increase the minimum bid, so the auction just before the quarter should see people willing to bid higher - especially since their higher bids will increase the "market expectations" for the work. If I’m understanding your description of the once-per-quarter price change, there should be some difference in the bidding behavior at those times. The person holding the work on a quarter gets to increase the minimum bid, so the auction just before the quarter should see people willing to bid higher – especially since their higher bids will increase the “market expectations” for the work.

]]> By: Lawyerist http://blogs.reuters.com/felix-salmon/2010/01/19/the-uncollectable-artwork/comment-page-1/#comment-11282 Lawyerist Tue, 19 Jan 2010 21:45:19 +0000 http://blogs.reuters.com/felix-salmon/2010/01/19/the-uncollectable-artwork/#comment-11282 What a creative idea. I'm curious if/when eBay will find some way to adjust their terms of service to prohibit the box from functioning in perpetuity. If that happens, does the owner-left-standing finally get to own something? -Aaron @ <a href="http://lawyerist.com" rel="nofollow">Lawyerist</a> What a creative idea.

I’m curious if/when eBay will find some way to adjust their terms of service to prohibit the box from functioning in perpetuity. If that happens, does the owner-left-standing finally get to own something?

-Aaron @ Lawyerist

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