- Joined
- Jul 22, 2006
- Messages
- 5,481
- Reaction score
- 445
Fakes/Knockoffs/Bootlegs/Recasts impact virtually every industry from handbags to entire automobiles. It's a huge global problem. However unlike other industries where it takes money out of the hands of companies, recasts take money out of the hands of individual collectors, which is all the more despicable. But it wouldn't happen if there wasn't a market for it. I am sure there are more than a few collectors who are watching that don't want to pay the secondary price, but will quietly pick up the recast. After all, who is going to come in and look at the bottom of the statue to see if it's authentic. It's not like there were tons of flippers out there artifically inflating the market. Most of the sellers probably paid retail price and are selling because the profit is too good to resist. I paid retail, so it's not like I'm going to lose any money. since I have no plans to sell. But it is a pain in the ass knowing that the value of a great piece is being watered down by these unscrupulous morons. I guess it's just one of those things you have to suck up as being part of the hobby.As long as there is a dollar to be made and a way to make it, it's not going to go away.