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#1
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As someone currently dealing in sports law I found this case extremely interesting and relevant to a lot of what is happening in the hobby currently. Anyone remember this case or have any additional information they could share outside of the reporters? Trying to do a case analysis and any anecdotal information could help. If you are unfamiliar with the case please check it out: http://www.law.unlv.edu/faculty/rowley/Fitl.pdf
Thanks!
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Currently seeking Sovereign 350 series backs. |
#2
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2 years after it was bought, then sued him for it being altered and touched-up and that PSA didnt grade it
![]() Geez!!!! He bought a 52 RC mantle raw???
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1916-20 UNC Big Heads Need: Ping Bodie Last edited by pawpawdiv9; 09-27-2013 at 01:32 PM. |
#3
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Grading was in it's infancy in 1995....... almost nothing was sold graded
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#4
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hmmm......An altered 52 Mantle is worthless.....
I'll take it! I might even pay $10, $20 If I've had a good week. ![]() seriously, I'm amazed the defense didn't dispute that. Steve B |
#5
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I wonder what ever happened to the card itself....is it still out their circulating?
A defense strategy seemingly would have been to question the fact if this altered Mantle was indeed the identical card that was originally sold to the buyer. Last edited by savedfrommyspokes; 09-29-2013 at 11:04 AM. |
#6
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Two things jumped out at me in reading the court's opinion. First, the assertion that an altered 52 Mantle has no value. Obviously untrue. Second, that a lifetime guarantee is the standard in the industry. I wish.
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#7
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To answer a few questions.
Although an altered Mantle does hold some value (and if it's a PSA 8 Wagner a lot of value ![]() Savedfrommyspokes makes a valid defense argument, but unfortunately the defendant agreed that the card was the same card sold and instead sought a sort of "silence is acceptance" style defense. I too find the courts decision a little too favorable to the plaintiff. If the case occurred today, I think the courts decision would likely swing the other way. Far too many authenticators and graders to raise the "I didn't know" argument.
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Currently seeking Sovereign 350 series backs. |
#8
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The most important thing I noticed was that Strek did not bother to appear and give testimony.
Quote:
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The issue of whether a tainted Mantle is worthless is a red herring here. The judgment did not hinge on value, and even if the Court found that the altered Mantle was worth something, it is beyond dispute that the card was worth less than an unaltered example. The Plaintiff sued for benefit of the bargain damages, meaning he wanted the appreciation associated with the FMV of a "true" Mantle at the time of trial, which was likely much more than he paid for it. The judgment, however, essentially gave him rescissory damages--he got back what he paid for it. I assume he returned the card to Defendant if/once he was paid on the judgment--he and his lawyer would have a hard time explaining why they should keep both the card and the purchase price and/or why they would object to the return of something they claimed was worthless.
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"You start a conversation, you can't even finish it You're talking a lot, but you're not saying anything When I have nothing to say, my lips are sealed Say something once, why say it again?" If we are to have another contest in the near future of our national existence, I predict that the dividing line will not be Mason and Dixon's but between patriotism and intelligence on the one side, and superstition, ambition and ignorance on the other.- Ulysses S. Grant, 18th US President. |
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