Posted By:
JimCrandellJeff--yes I did--about 3 1/2 yrs ago.
Barry--brinks truck? its an issue.
Fair to say--cannot disclose.
Leon,
First I gave Joe Orlando my word. If someone gave their word to an auction house I never advocated they break it--but if the auction house does not care then I do not see the harm in publicizing the percentage fee or giveback.
This would be easier for me if it never happened but I do not believe there is anything I can do to prevent it. My sense is all big collectors will go along if others are getting the type of deal I got from Joe.
The way I would calculate the economics is first estimate the percentage of the collection that would receive a bump to 8.5 or 9. Second, estimate the average increase in price coming from the bumps.
Subtract from this the decline in value of the cards that would not be bumped. Subtract grading fees. Based on this I would hope tghe value of my collection might increase well into six figures as a result of submitting 22,000 cards but I may be optimistic.