the list (of criminals) is revealed

[RichMcGillicuddy]

It isn't rocket science. It becomes real when they start naming names.

Realize the list is after the evidence was shredded and represents couple of years worth of auctions about 8 years ago. I seem to remember getting those catalogs all the way back in the 1990's. If you think this didn't happen before and after those dates and still happens every week on eBay, stick your head back in the sand. It would be scary to get that information from eBay across the last 20 years.

Also, for the group that says "I don't have a problem with that". It distorts pricing across the whole market.

At the end of most auctions, that email goes out stating "over X million sold". Or "highest price ever for X". They have a vested interest in higher sales. The grading companies, same thing. PSA XXX sold for some new high...

It is a thinly transacted market (pre war). Some cards may have 1's or 10's data points a year (or less) of pricing data points (I don't have a membership to VCP but that would be an interesting stat to gather on the # of data points/year for some of the commonly shilled items).

Paying a BP (on a shill in the scenarios provided earlier) to get a 50%-100% bump in price makes perfect sense when the market always goes up and you could protect your investment to sell higher later.

Does everything always sell for more, no. I've had mixed results. I would expect that. But I don't have friends protecting my investment.

Does it happen 100% of the time, no. But it is much wider than the glimpse that was provided in that list.

Will it stop me from bidding on cards, no. So ultimately, it won't stop until all the money stops flowing on cards at AH or brokers on eBay that are even suspected of participating. This information is years old and Legendary was still getting lots of activity and high prices all the way to the end.

My two cents... It has been a fascinating read...

Rich McGillicuddy