![]() |
I see we’ve fully cleared the stage where the pro-fraud wing of the hobby alleges it didn’t happen and are deep into the stage where they insist that concealing material information of alteration in a sale is not fraud nor ethically wrong, contrary to the law, common sense, and principle. I can never determine if IQ’s or moral compasses are lower.
|
Quote:
|
Quote:
Oh by the way, not that you would know this, but the language of that portion of the plea agreement is drafted to track the elements of mail fraud. |
Quote:
|
Quote:
|
Quote:
|
Quote:
|
1 Attachment(s)
Quote:
Attachment 569778 |
Quote:
We are all free to decide which camp we belong to, but only one of these two camps is right with respect to whether or not a card has lost value. Either the card has indeed been devalued, or it hasn't. And what ultimately determines the value of a card is the open market. And the market bases its values on what can be observed. PSA doesn't care what story you attach to a card. Sticky notes reading "my grandpa said he pulled this card straight from the pack and kept it in a book untouched and unaltered for 67 years" and "the guy I bought this from said it was trimmed" both hold no weight at all in their determination of the card, and the market has clearly decided that it relies on PSA/SGCs decisions to determine value. If the card hasn't actually lost any value on the open market, then whatever has been done to the card couldn't possibly be a material fact with respect to its valuation when sold. I think you have zero chance of getting a jury to convict someone based on your arguments. Try this... Go explain the trimming scandal to your non-collector friends. Tell them about how some hobbyists will buy cards that are oversized, then trim them down to the correct size in a way that is undetectable, then submit them for grading, then resell them on the open market and ask those non-hobby friends if they think that's a crime. They will all laugh at you. I asked about 20 people a few years back when this first came up because I was trying to get people to bet against me on the outcome of the FBI investigation. I wanted to see how a potential jury of non collectors might view the situation. Every single one of them said it wasn't a crime, and several even said things like, "sounds smart to me" or just laughed at the situation or rolled their eyes at what they saw as old men yelling at clouds. Zero people saw it as fraud. |
Quote:
|
Quote:
My point is, the market doesn't care about your determination or that of anyone else's. It cares about the number on the slab. |
Quote:
|
Quote:
|
Quote:
|
Quote:
|
Quote:
|
Quote:
|
All these defenders of altered cards remind me of Chinese knock off salesmen.
|
Quote:
Travis I agree with you there are a lot of people who don't care. But especially with vintage collectors, I think there is still a substantial group that does, and who would not knowingly pay market price for a card identified as altered. Therefore, alteration is still a material fact. |
By the way, I just looked at the sentencing memorandum Mastro himself submitted. Yep, it too discusses the Wagner, adding to the incontrovertible proof that it was indeed part of the case and what he was charged with and pleaded to, although not (as I have acknowledged throughout) the primary focus.
Although the vast majority of the offense conduct concerns shill bidding, Bill has also accepted responsibility for his role in the sales of two authentic items whose condition or appearance was altered. First, Bill acknowledged having personally altered one item, the T-206 Honus Wagner card, by cutting its side borders. (Plea Agr. (Doc. No. 99) at 12-13). Bill voluntarily waived the statute of limitations to acknowledge this conduct. Although the Wagner card was authentic, Bill was not honest about the alteration when he sold it and for years afterward. Bill has now fully disclosed and accepted responsibility for the alteration, and the Wagner card remains one of the most valued items of sports memorabilia, having resold since these allegations became widely publicized for its highest price ever. |
Damage to a collectible is relevant to value. Value usually goes down with damage. Missing pieces of a card is very, very obviously damage.
If alteration is not relevant to value or sales, if it does not affect prices, then 1) we wouldn't have a big majority of hobbyists thinking it relevant and 2) the pro-fraud wing of the hobby would not need to cover up their trimming; they could freely disclose it to no negative impact. Why don't they? Because it's bad and harms value. This shit isn't difficult. If you need to cover it up, it's material. If it's material, it needs to be disclosed whether it is a car, a baseball card, or anything else. Personally, I don't really care if a card I buy is micro trimmed. It's slotted into my set and I'll enjoy it the same. But it's obviously material and if I covered up trimming when selling a card, I'd be committing fraud by hiding and not disclosing relevant information about the item. The world doesn't revolve around my personal narrative and what I like. Just a smidgeon of honesty and common sense goes a long way. If my dumbass can figure this out, I'm sure our resident pro-fraud 'hobbyists' that spend most of their posts explaining how fraud and scamming is fine can figure it out too. |
Quote:
|
Quote:
We all have opinions, what is is not necessarily what should be, but what is is the realm of actual, verifiable and ascertainable fact. It amazes me how many people will insist X or Y is or is not in a document that they are unable or unwilling to read. No one has ever won an argument by virtue of their illiteracy. I expect a small number of hobbyists to openly support fraud and a much larger number to quietly and tacitly support fraud that benefits them and their buddies, but I would hope that these people would be able to avoid the stupid trap of insisting and doubling down on provably false claims to fact. Clearly they are too fucking dumb to do even that. |
Quote:
|
Quote:
I'm no lawyer, but when I read through discussions of this topic on the Blowhard forums a few years back, I seem to recall most of the lawyers there were in agreement that he had not in fact been charged with any crimes in relation to the Wagner card. But rather it was brought up during the trial as a mere testimony to his character, or lack thereof. Him basically just trying to come clean with anything and everything he could in an effort to gain favor and get a more lenient sentence. But he was not directly charged with a crime for anything related to the Wagner. You mention that he admitted to trimming the Wagner in his plea deal, but that plea deal was rejected by the judge. He was not sentenced for anything to do with the Wagner. |
Quote:
And it’s funny how there was no response to this question posted earlier: But my question for you is this… if there was no shill bidding and just the trimming, does this case still result in a plea deal? |
Quote:
I still believe that his admission into trimming the Wagner had some bearing on his conviction, do to concealment, just not nearly as much weight as the shill bidding price manipulation scheme/fraud.’ |
Quote:
Now if you said that PSA or SGC or Beckett Can't tell from a cursory 30 second look, that I could agree with. If you look at the work done by groups and people that actually know what they're doing and take the time to get it right You'll see what's possible. Do things slip through? Of course, but far less than they do at any grading company. I may just have to use the method in the video and take good pics of the resulting edge compared to a factory edge. I believe it will be 100% detectable. The same for his half assed "reglossing" using wax paper. That should be and is entirely detectable if you take any time at all. |
Quote:
The part I made bold is ALL that matters and it is fairly easy to get altered/counterfeit cards in those magic plastic slabs and it HAS been proven countless times. |
Quote:
The expert did in fact get them both right in a very short time. (Turned out I was right about both, one very good the other not so much) The good one has a cert now, the altered one is in the "what the heck do I do with it? " box. Getting the official cert actually took about 3 months, since the process is much more than a cursory glance. A decade + later, I'm much better at spotting problems, and a whole lot more confident in my own opinions. But I've seen a display done by the group that does the certs, of loads of bad stuff they've caught. Alterations, repairs, outright fakes, many of them so well done that it's very hard to tell. Which is why they take months. |
Quote:
|
Quote:
|
Again, from the US Attorney's office:
According to the indictment, in advertising portraying Mastro Auctions as the premier seller of valuable items, including the world’s most expensive baseball trading card, a Honus Wagner T-206 card, Mastro allegedly failed to disclose that he had altered the Wagner T-206 card by cutting the sides in a manner that, if disclosed, would have significantly reduced the value of the card. The charges allege that Mastro and Allen caused the sale of certain items knowing that their authenticity and condition were misrepresented to customers, including purported hair of Elvis Presley and a purported 1869 Cincinnati Red Stockings trophy baseball. For those of you who apparently don't understand this, the indictment is the document setting forth the criminal charges. |
Quote:
Well yes, but a company they like or people they like (or themselves) engage in this activity, and so indictments must be ignored alongside the text of the laws and the definition of criminal fraud itself so they can claim their boys didn't do nothing. Arguing that things should be restructured so that trimming without disclosure is not fraud would at least not require being blatantly factually wrong, but that angle isn't perfect for the agenda, so it won't be used. Instead, just double down on factually incorrect claims to fact. That's the ticket. |
Quote:
The denial and contrarian and counterfactual bullshit on this thread top anything I have seen yet on Net 54. |
Quote:
|
Quote:
|
Quote:
Speaking of the actual indictment: 11. It was further part of the scheme that in marketing materials distributed on behalf of Mastro Auctions, which were intended to portray Mastro Auctions to potential bidders and consignors as a premier seller of valuable items for which a strong market existed, defendant MASTRO represented that Mastro Auctions had sold the most expensive baseball card in the world, a Honus Wagner T-206 card. In making this representation, however, defendant MASTRO knowingly omitted the material fact that defendant MASTRO had altered the baseball card by cutting the sides of the card in a manner that, if disclosed, would have significantly reduced the value of the card. You probably don't need to be a lawyer to understand what "It was further part of the scheme" means. Anyone still want to claim he wasn't charged with selling an altered card without disclosure? |
Card Needed Here. And popcorn ?
|
I would add that the intentional misrepresentation or omission of a material fact is actionable as civil fraud, and has been for more than the nearly 40 years I have been practicing in Arizona. I am confident that the law is similar in all states. Moreover, apart from being a common law cause of action, many states have statutes on the books for consumer fraud. Arizona at least has a broad view of what conduct can fall within the statute and even allows such claims to be proven by the far less stringent burden of proof-- preponderance of the evidence. Heck, in theory the Attorney General here is authorized to investigate and pursue claims for consumer fraud, and it is not taken lightly, although the politics and resources involved in those decisions are always in play. The law addresses “any deception, unfair act or practice, false statement, false pretense, false promise or misrepresentation” and is actionable if relied upon by the plaintiff/victim, regardless of whether such reliance was reasonable.
In sum, to suggest that card alteration is only morally wrong but cannot comprise a crime or other unlawful conduct is just simply incorrect. {redundant for emphasis} |
1 Attachment(s)
Quote:
|
Quote:
|
Quote:
|
Quote:
The day when altered numerically graded cards (by respected TPG) are sold with full disclosure for consistently the same amount as an unaltered example in the same grade will be the time we can all agree that doctoring cards is accepted in the hobby. Until then I call utter BS on those who are advocating or defending it. Maybe that is because they themselves dabble in fixing cardboard. :confused: Kudos to them, however, for at least admitting they are ok with it. Takes some guts to do that so they have my respect from that POV. |
Quote:
|
Quote:
|
Let's be clear. There is no difference of "opinion" about the Mastro case. What there is, is blatant and disingenuous misrepresentation of the factual record, even in the face of the operative documents.
|
Quote:
|
|
Quote:
|
All times are GMT -6. The time now is 12:41 AM. |