Posted By:
JayI think you folks are not understanding the point(or I don't understand what I think I understand). Companies who agree to comply with the guidelines set forth by the "group" would receive a "seal" that they could display in their ads, etc. There would be no regrading of graded cards. The "group" would simply develop sensible guidelines for the hobby that companies could agree (or not) to adhere to. For example, if it was decided that pressing out creases and not disclosing this in an auction write-up was wrong then, to get this "seal of approval" auction houses would have to agree to this level of disclosure. If the "group" decided that auction houses must disclose when then they have an ownership interest in lots in their auctions then agreement to this would be necessary to get the "seal of approval". I'm not proposing anything as being right or wrong, just trying to explain how I view the concept brought forth here.
BTW, I think this group, if this ever gets legs, should be composed of representatives from the auction houses, from major dealers, and from collectors. Unlike Bruce I think there is no need for alot of money to get this started. This forum could be a great place to organize this and could provide alot of free publicity for the effort.