Quote:
Originally Posted by raulus
Appreciate your kind words, Johnny.
Had a rough night last night - didn't sleep much. The whole situation is just rather aggravating. A couple of days ago, this was one of the crown jewels in my collection. Today, I don't even want to look at it.
I realize that some think that it's still worth every penny that it was before, but I'm not so sure. I certainly wouldn't want to buy it knowing it had been altered, and I suspect that the only people who would want it are those who don't notice the disclosure, and buy it thinking that it's legit. Or they buy it hoping to hoodwink a future buyer by not disclosing it, which would not be cool.
While I might personally sell it with a disclosure, at some point a future seller is likely to drop the disclosure, and some poor new owner would get blindsided like I just was. And I don't want to inflict that on anyone else.
Going back to your point about value, while I hope I don't lose my shirt, my whole motive in collecting is because my collection brings me a little more happiness into my life, not because they're worth a small fortune. But now that one of my pieces has been identified as modified, it makes me wonder how many others are similarly situated. Kind of makes me sick just thinking about some worthless card doctor doing his thing to my stuff. So at the moment, the whole endeavor is definitely a lot less fun.
And it also makes me a whole lot more gunshy about going out and buying additional high grade pieces. I spent $6.5k on this one, which is a lot of bread. Up until yesterday it was probably worth low 5 figures. Probably a lot less today. But I've had some $100k pieces in might sights, and now I'm not so sure that makes any sense if I'm taking a gamble on whether they might be worthless doctor jobs.
It's one thing to read about cards that have been outed and understand that it's a theoretical possibility and someone else's problem. It's a whole different ballgame when one of your pieces is on the list.
Starting to come around to Peter's way of thinking...
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Nicolo -- i am saying this candidly and not to upset you, but if you have been buying this type of high grade material from the same and similar auction houses, or from anyone really because cards get moved along, the odds are pretty good that this is not your only altered card. Altered high grade cards are prevalent in the hobby, some of the superstar doctors have been at this for decades. Blowout is great but as someone mentioned they probably have outed a very tiny fraction of the altered cards out there.
The philosophical question for you is, can you live with what you don't know, or is that likelihood enough to ruin things for you even if nobody has specifically outed the card. As I've said it's a question of tolerance and only you can make that judgment.