Quote:
Originally Posted by Rhotchkiss
+2 (coming from the consignor with the most to lose and a bidder who won a very rare and expensive card that will almost certainly not come up again for sale for many years).
The people most impacted understand and are satisfied with how ML is handing it. The situation sucks and is unfortunate, but there is no perfect answer. That said, I am sure that ML proceeded on the advice of counsel, the insurance company, the cops, etc.
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Hypothetical: A collector's prize card is a rare Old Judge, of a player who was his great-grandfather, that's almost never seen. An upcoming auction has an example of the same card, but in much better condition. The collector, to raise needed funds, sells his example, figuring that'll cover part of his anticipated upgrade.
The auction ends, the collector is thrilled because he's won and upgraded his prized card, but then the AH sends him and email, and SURPRISE!
"We didn't actually have the card we just auctioned and pretended to sell to you. We did it because we, for our own purposes, just wanted to see how high you would bid..."
But, hey, the collector is no worse off than before the auction, right? Except he no longer has his best, prized card.