Actually, the transaction takes place between Harbour Lights and the collectors. The dealers are not allowed to buy these pieces, only to serve as a go-between, to bring an "interested" collector to Harbour Lights.
If a collector were to buy #5 of all available pieces, then that collector would be entitled to #5 of all future pieces, and the dealer who acted as the "go-between" would be his dealer for all of the future #5's.
It still remains the seller's right to decide how he or they want to liquidate them
It is our opinion that, based on the sluggish sales of Harbour Lights in 2006, the purpose of this large-scale offering is two-fold; (1) to create a large cash flow which we, as dealers, have not be able to generate for them this year, and (2) to excite and entice new collectors in getting a single digit number for all future "limited editions."
This may or may not be the way to handle these older, more valuble pieces, but we really do believe that this is more of a necessity for creating a quick cash flow than a show of greed.
JIm
