The big word thrown around in every auction, and oft mocked here, is "extant". Which means surviving or still in existence. If someone represents that this is the highest graded copy extant, or the oldest signed contract extant, and a better one one if discovered tomorrow, have they made a misrepresentation? I don't think so. Not fraud, and I don't even seeing it possibly constitute negligence.
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Originally Posted by drcy
One thing for consideration. At the time of the sale, both the seller and the buyer thought it was the last touchdown pass. Possibly every bidder and watcher thought it was. And it is not a case where the seller lied or hid information. Both the seller and the buyer (and all the bidders) had the same information.
Sellers should be expected to use critical thinking and logic. However, one thing sellers should be expected to be be able to perfectly predict the future.
It's also worth noting that Tom Brady did announce his retirement on February 1.
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