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Old 08-05-2012, 05:28 PM
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David R
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Location: San Francisco, CA
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Quote:
Originally Posted by Peter_Spaeth View Post
And then the pops would reflect how many were out there. And the huge premiums from being pseudo 1 of 1s would be lost. Or are you suggesting they somehow show them all to PSA, get them pregraded, but don't actually get them formally graded?
Peter,
Let me suggest something else. Would there be anything wrong or fraudulent in this situation: I find 10 t206 Wagners in my attic that are in such good condition that they would grade between 7 and 9. I don't tell anyone about it. Instead, I pick out the nicest one, have it graded, and give it to an auction house to sell it for me. Over time I do the same with the rest. In this situation, does anyone really think I have a duty to "the hobby" or anyone else to disclose that I found 10 of these Wagners before I sell any? And can anyone really argue with what seems to me is a pretty self-evident point: I would make a lot more if I don't disclose them all or have them graded at the outset.