Within weeks the world's two biggest auction houses, Sotheby's and Christie's, had to pay out nearly $200m in guarantees to clients who had placed works for sale with them.

世界上最大的两家拍卖行——苏富比和佳士得——不得不向那些将作品交给他们拍卖的客户支付近2亿美元的保证金。

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Dealers and auction houses have approached the Internet warily.

交易商和拍卖行已经谨慎接触过互联网。

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For the auction houses, primary dealing is an obvious way of expanding.

对于拍卖行而言，举行主要的交易是他们扩张的一种很明显的方式。

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Otherwise, no luck: neither of the top auction houses will touch Martin drawings without such documentation.

FORBES: Lack Of Authenticating Expert Renders Valuable Artwork Practically Worthless

Resellers and online auction houses are already getting multiples over face value for seats.

FORBES: Magazine Article

Both auction houses kick off a series of Magnificent Jewels sales starting mid-April in New York.

FORBES: Blingtime