Quote:
Originally Posted by Peter_Spaeth
I don't know if they have insurance coverage or not. Even if they did, most of these cards don't have established values. So there is a logic to establishing values through the auction. The same logic would apply if no insurance, to establish compensation for the consignors of the lost cards. Not defending them, just offering a perspective.
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I agree 100%.
Yes the auctions of the stolen cards "screwed" the winners (and arguably many underbidders) but ultimately it was the best way to determine definitive values of items for their consignors. Who they are paying in full.
That's really all that matters in my mind, regardless of all the made up scenarios I've read so far (I'm at post #179) in this thread.
Bravo to Memory Lane.