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Old 11-29-2018, 02:53 PM
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Lordstan Lordstan is offline
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Quote:
Originally Posted by Peter_Spaeth View Post
I think that's right. But suppose I, a non-expert, sell a slabbed autograph card. A year later, information comes out that the TPG made a mistake and in fact the auto is a fake. Why am I on the hook a year later for someone else's fraud (the forger's) and the TPG's mistake?
I think the answer to your question is that you profited from the sale of the card, the TPA did not. Why should any seller be able to keep profits from a card, or any item for that matter, that was not as described? While it is not your fault for making the auto bad, the seller still profits. To me, it seems the seller would refund the buyer and then try to get a refund from the person they bought it from and so on.
I asked this type of question in another thread. Being that TPAs are promoting their service as much to enhance the value of an item, as they are to provide confidence in authenticity of said item, what obligation do they have to any one person in the buyer-seller transaction realm with regards to the change in value of the item? I don't know the legal answer to that.
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My signed 1934 Goudey set(in progress).
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