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Posted By: Mark

I just read the case, 269 Neb 51 (I can paste it here, but it's lengthy). The most amazing part - after PSA rejected the card as altered, the buyer sent the card to ASA Accugrade. I expected the next sentence to say that ASA graded it a 10, but ASA actually rejected it.

Steve Orand was called as an expert witness and commented on industry practice for return periods as follows: "He testified that teh standard for sports memorabilia was a lifetime guarantee and that a reputable collector would stand behind what he sold and refund the money if an item were fake or had been altered."

In the end, the jury was left to determine whether 2 years was a "reasonable" amount of time to notify the seller that the card was a fake.