Part 19 · Dealers, Auctions & Disputes

Exhibitions, Private Meetings & Advanced Transaction Law — Organiser Liability, Offer Lapse, Sleight-of-Hand Fraud & Auction Rings

Exhibition organiser liability, offer lapse, sleight-of-hand fraud, auction rings, and advanced transaction law for collectors and dealers.

16 questions in this part

1 Can an exhibition organiser be held liable if a dealer at their stall commits fraud? 2 Is insistence on cash-only payments at an exhibition a legal red flag for buyers? 3 What documentation should a buyer always obtain when purchasing at an exhibition? 4 If two buyers both claim to have won the same lot at a physical exhibition auction — how is it legally resolved? 5 Can a dealer refuse to honour a price agreed on Day 1 of an exhibition when you return on Day 2? 6 What happens if your purchased item is stolen from the exhibition venue before you take it home? 7 Can police legally enter an exhibition and inspect or seize numismatic items? 8 Is a numismatic exhibition organiser required to have any insurance? 9 What are the GST liabilities of a dealer selling numismatic items at a physical exhibition — including the temporary registration requirement? 10 Can a numismatic exhibition organiser take a single GST registration to cover all outstation dealers — so that individual dealers do not have to register as Casual Taxable Persons? 11 If an outstation dealer at a numismatic exhibition has not taken CTP registration — what are the GST liabilities of the organiser? 12 Does GST apply to numismatic trading in WhatsApp groups, Facebook pages and Instagram — and when does registration become compulsory? 13 Is a private meeting transaction — agreeing a price face-to-face with no witnesses — a legal contract? 14 What is the safest way to conduct a private numismatic transaction? 15 If you agree a price at a private meeting but the seller later demands more money — what can you do? 16 Can you use a video recording of a private meeting as evidence — and is recording without consent legal?