View Single Post
  #36  
Old 05-09-2018, 05:46 PM
rsinor rsinor is offline
Yenko Contributing Member
 
Join Date: Dec 2005
Location: Owasso, OK
Posts: 125
Thanks: 108
Thanked 63 Times in 19 Posts
Default

In my world a watermark might be a nice touch, but it does nothing to protect the hobby, believe it or not the hobby is what this discussion is about. Without self preservation it goes away when fraud is discovered.

If an individual spends his major disposable cash on a fraudulent car, he can be so devastated he is out of the hobby forever.

Just as an example I know where there is a lawsuit waiting to happen over the blatant misrepresentation of a 1.3M dollar car. Collector car fraud is pursuable for 7 years from discovery. That means it is forever, if the current owner does not discover it and he transfers it after fifteen years. the new owner has seven years from when he discovers it. When these cases get tried they role downhill to someone, that someone is usually the party that forged the document or trim tag, the item that made it fraud to start with. My point is 1.3M is a big number maybe not to the current owner but to most and eventually someone will discover it. It could just as easily be 60,000, or 100,000 both are potentially big numbers to someone starting in the collector car hobby.
__________________
Roy Sinor
ENJOY LIFE NOW........IT DOES HAVE AN EXPIRATION DATE, SO......
LIVE WELL, LOVE MUCH, LAUGH OFTEN

Sinor Prestige Automobiles Inc.
9575 N 177th E. Ave.
Owasso, OK 74055
918-361-6424 cell
[email protected]
www.sinorprestigeauto.com
Reply With Quote