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Posted By: davidcycleback

As far as returns go, I feel that the buyer should be able to on his own (or with the help of friends) determine if the grade is acceptable within a short period of time. Meaning, if a collector need three months time and a pro grader to judge the grade, the buyer should find a different hobby. The same goes for obvious defects (pen mark across back)

However, if the issue is counterfeiting or forgery, where the opinion of an outside expert may be needed, that's a different situation. The seller should give refund for counterfiets.

If it's a case of a fake being returned, the consignor would be largely, or at least partially, be responsible for the refund. As the auctioneer never owns the item, and takes only a small portion of the sales price, it should not be expected that the refund fully from the pockets of the auctioneer.

It is also the responsibility of the buyer to do things in a timely fashion. Even if a dealer allows return for time infinity, the collector can do better than wait for three years to complain the grade.