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Re: Antiquorum chairman's letter in WSJ 25 Oct. 2007

[quote=jimmoose;563440]if the auction was above board? Why would you explain other auctions that AQ sponsored? Why would one comment on pending legal troubles?

And the biggest question that was not answered.....why in the hell would

someone bid on something they already owned? Am I missing something?

jim[/quote]

The 10/8/2007 WSJ article implied a lot more than it said.

Here's the link: http://online.wsj.com/article/SB119178753176051433.html?mod=hpp_us_pageone

To be fair, it did not say that Omega or anyone else bid on a watch they owned.

There is considerable speculation that this may have happened, but no proof.

The WSJ article "painted with a broad brush" and allowed the reader to imply -- but did not say -- that vintage watch auctions were manipulated by watch companies, perhaps in cahoots with Antiquorum. Much was made of the close relationship of Antiquorum and watch companies.

Sr. Patrizzi apparently felt compelled to reply to an attack on the reputation of the firm he founded, but no longer leads.

The part interesting to me is the timing of the response. Why would it take Patrizzi over two weeks to respond?

Pure speculation on my part, but I suspect it took that long to get three sets of lawyers to review the response: Patrizzi's, Antiquorum's and Artist House's!

Sam

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