Posted By:
Colt McClellandThere is a lot to this story that you guys don't know. I have every reason to believe the facts below are true.
First of all, the consignor only disclosed that the item was restored with no further details. Second, Mile High suggested having the card slabbed in an SGC or PSA authentic holder, but the consignor said no (that should make sense when you re-read the email Roger posted above). Third, the consignor wanted the image of the card to be a photograph rather than a high resolution scan, but Mile High said it had to be a scan. Fourth, the consignor wanted the card to be listed as lot #1 in the auction.
So, you guys are right that Roger is mad, but I think you are off the mark as to why he is mad. He is mad because he wanted to maximize the value of the card through being listed as lot #1, a lower quality image, etc. Thus, it follows that he would not have disclosed the full extent of the restoration because that would have a negative impact on the value at auction.
Mile High did everything correct here, and the consignor was simply trying to maximize the value of the item at auction. Think about it - who has more motivation to get top dollar on a consignment - the auction house (probably getting just the 17.5% buyer's premium on a significant consignment like this) or the consignor (probably getting 100% of the hammer price)?