Quote:
Originally Posted by glynparson
What if they only graded one at a time, just listed current pop numbers and made no reference to possible future population numbers. I do not see how that is fraudulent? This was done all the time in the late 1990's when modern got hot. Could a lawyer please explain? That said it was nice of the family to do it like they did but I have to agree with Jeff I can't see Heritage or any Auction house selling them this way if they owned the cards.
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Agreed. And I don't think there would be anything fraudulent about that approach Glyn. And I do think an auction house could auction the cards without misleading hyperbole that might be considered fraudulent. Barry Sloate's descriptions when he did his auction were a good example - he showed a picture of the card with an accurate description of the condition and perhaps a few adjectives without a lot of superfluous BS. You don't need a lot of hyperbole and puffery to sell a PSA 10 Wagner or a PSA 9 Cobb. Perhaps any other approach than the one used by Heritage was out of the question once all the news reports about the details of the find hit the press, but it certainly affected the prices in a negative fashion IMHO.