Quote:
Originally Posted by Peter_Spaeth
It's very different for a business that has consignors it will potentially need to reimburse, an ongoing auction with hundreds of bidders, and an insurer (or more than one) it potentially will need to deal with and agree with (or not) on values of stolen cards. It's not at all the same thing as one guy selling one card on the BST. Just because you can construct some overly simplistic analogy does not make the analogy meaningful. Again, who was, or could have been, hurt in this massive outrageous fraud?
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What about collectors bidding on cards that ML didn't have? What if collectors had bid on those cards and not bid on other cards in the auction? If the cards had not been found, collectors would have passed on other cards they wanted to think they bought a card that they would never get. Consigners cards may have sold for less due to people bidding on these stolen cards.