Memory Lane sold cards they didn't have per SCD

[Peter_Spaeth]

Originally Posted by Johnny630

Peter i respect your views and commentary. This is black and white there is no gray area here for me. I'm not saying you're making defenses for them but doesn't their insurance cover the theft in itself right then and there? Not a sale of cards they do not have in their possession and the end of said auction.

I don't know if they have insurance coverage or not. Even if they did, most of these cards don't have established values. So there is a logic to establishing values through the auction. The same logic would apply if no insurance, to establish compensation for the consignors of the lost cards. Not defending them, just offering a perspective.