Jeff another reason may be that your out of paper in the printer...stamps have also become more expensive also. Just trying to play devils advocate.

It is interesting how this thread has devolved into two separate issues. I am not in Leon's camp on one and am more or less camping in his direction on the other.

I think Leon's refusal to write a letter on the Mastro situation is a mistake. I have told him that. He has chosen not to write the letter and that is the end of that. I don't see how any further harangue is going to make a difference or cause him to change his mind. In fact, I would suggest that it is having precisely the opposite effect.

With respect to the Peck and Snyder issue, I tend to believe that Leon has the right to further look into the situation before making any decision. I don't have a problem with that at all. It's easy to talk about a fast "morality" decision when you aren't the one out five figures, not so much if you are the one taking the hickey. If it were me, and I had done nothing wrong in the purchase of the card, I would be looking at every aspect of my previous transaction and carefully thinking about the situation before I made any decision whatsoever. I mean seriously, if the card was stolen from the library, it has now been missing for 30 some-odd years. Is another week or month going to make a difference? I don't think so.

I hope that whatever resolution ultimately occurs is fair and reasonable for all involved, but I certainly don't think that it has to be made today. That's my $.02.

...

"I mean seriously, if the card was stolen from the library, it has now been missing for 30 some-odd years. Is another week or month going to make a difference? I don't think so."

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That's assuming it gets returned, so no it wouldnt make a difference, but if its going to "not make a difference" by being returned to the library 1 month from now, then just ship it there now. and show good will. The only reason not to ship it there now is to find a way to keep it. It has a NYPL stamp on it, it's property of NYPL in my opinion. They put that lion stamp on it decades ago. They claimed ownership. You gonna make them prove a negative, that it wasn't deaccesioned?

If Mr. Luckey wants monetary compensation, he should cash in on the seemingly 2 grade difference from the SGC grade guarantee. The difference between the holder it is in now - A 50 (4) and what it would realistically grade, which looks like no more than a 30 (2). Then donate it (or return it, depending on the semantics you take) to the library. There is your compensation.

If the NYPL missing items list posted on Nash's website identifies only one missing 1869 Red Stockings card, but there are two known examples with the NYPL stamp, then why does everyone assume this one was stolen?

[QUOTE=travrosty;1431354]"I mean seriously, if the card was stolen from the library, it has now been missing for 30 some-odd years. Is another week or month going to make a difference? I don't think so."

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That's assuming it gets returned, so no it wouldnt make a difference, but if its going to "not make a difference" by being returned to the library 1 month from now, then just ship it there now. and show good will. The only reason not to ship it there now is to find a way to keep it. It has a NYPL stamp on it, it's property of NYPL in my opinion. They put that lion stamp on it decades ago. They claimed ownership. You gonna make them prove a negative, that it wasn't deaccesioned?

You completely missed everything I said, but that's OK. Maybe English isn't your first language. It isn't a "good will" issue yet. Its an ownership issue. Why doesn't Leon get to investigate the matter a little bit more before he takes a 5 figure hickey? As I said before, its easy to pontificate when it isn't your money. Here's an idea -- since you are so clearly philanthropic, why don't you put your money where your mouth is? Kick in the $10K and I'm sure all will be good. Otherwise, STFU. Best,

Kenny

in other words, there is no waiting another month unless he returns it, that's what i was saying. so if you say they waited 30 years, they can wait another month, that is predicting they will get it back a month from now, if that doesnt happen, then they will wait another 30 years or infinity or whatever, so the statement only works if he returns it, so 1 month or now, if he is going to return it, might as well return it now, otherwise no need to make the statement that the library can wait another month if they have already waited 30 years. the only other option is not to return it, so they will not be waiting another month to get it back, they wouldn't get it back. that's the point.


hypothetical conversation

nypl "you're right, we waited 30 years we can wait another month."

(month goes by)

nypl "are we getting it back"

answer "no"

????????????????????

All I know for sure if that the card is not VGEX. I've seen near mint cards with a pen mark on them and they are a 1.5 or 2 via SGC. I've seen cards with eraser marks and they are in the same range or worse. How can a card that has both ink stains and eraser be in VGEX? The folks at SGC obviously knew this was a valuable card but the grade just seems very odd. Does anyone know when it was graded (just curious)?

Also, I mention this grading aspect as the other parts of the conversation have been close to exhausted for now.
Cory Weiser

I've never had a card graded ever and I agree it should be discussed, but many, many have their vintage cards graded, so they aren't going to be saying anything out of fear that the grading company will take it out on them via their future submitted cards. I'm not saying the grading company would do that as I am confident they wouldn't, but people have that fear, just like they fear being banned by the auction companies for saying anything, (and that does happen with certain auction houses)

a 30 (2) seems to be the highest most generous grade this card could deserve and could be lower. ink is obviously present on the back of the card along with erasure and ink loss to the lettering that was there in the area the stamp was removed.

Kenny, if this was only about Leon's 10k he could get that back from Mastro. I would be surprised with an upcoming sentence Bill wouldn't like to add this as a feather in his cap by refunding a client and returning an long lost item to the NYPL. This is more about wrestling with the lost profit not his original purchase price.

I agree with you easy to be an armchair quarterback when it isn't your cash. I had a recent scare about a photo I bought (9k) from Legendary. I did everything in my power to research and correct the potential issue with the proper people the very moment I was made aware. In the end it tuned out to be a false alarm. With that said I did everything and even a bit more than what I've been critical of Leon for not doing.

My situation was also an out of the blue thing I caught on my own from a thread here. Not me being made aware of an issue by the Feds and a year later putting the photo up for auction with a description that conveniently covered the very issue I was made aware of a year earlier. Only to come in here to you guys and say golly gee I would have never listed it had I known that....let me look into this.

Leon having a stolen item is not his fault, that sucks! The way he's handled it and the steps he's taken or didn't take are what concerns me. One can't talk about doing more than 99.9% of the hobby when it comes to fraud and making the hobby a better place, then sort of turn a lazy eye to trouble in ones own camp.

With all of his hobby knowledge and the people he has access to here. The information he was given and is talking about on video in regards to this being from the NYPL. I find it hard to believe a year later and he wasn't able to detect or have somebody help detect this stamp and this is all news to him. Heritage didn't mention Library stamp by accident or as the course of a routine write up.

Cheers,

John

I have only lightly perused the discussion and I will keep my comments short.

Despite the history of the transactions on the card and the criticism of Leon, the right thing to the moment has been done. The card has been pulled.

The sad things about this are that it will have the following effects:

1. There will be less funds for Leon's daughter's college funds.
2. Leon has to deal with the consequences which are on a number of levels.
3. Although the right thing has been done in pulling the card, all involved including our hobby, have another matter that does not put collecting in the best of light.
4. Some members have voiced that they will now pass on the entire auction. The question now is how many collectors outside of members of Net54 will do the same?

There are other possible effects, but I will leave that to the other members of Net54 to discuss. I stated my comments would be short.

One final observation. Recently "Mysteries at the Museum" ran a piece on Mastro and it was featured in a post on Net54. I'm afraid that there will be another piece coming soon.

Less funds for college?

Seems to me he could have sold one or two cards and made tuition payments just fine.

????


Matte E.

Nice to see that someone else did the math.

R0b D3wolf

Guys, I realize other cards will make up for the Peck card, but overall it is still less funds.

The lynch mob can go home now. If it spreads to other places it will be dealt with. thanks,.