Talk about an amazing ROI

[jimjim]

I received a reply from someone at Huggins and Scott that said they would look into it and take appropriate actions. I hope they reply to this thread to give an update, because actions speak louder than words.

It takes a lot more time and effort to do the right thing and refund the buyer the $3K and destroy this item then to just let a forged autograph enter the marketplace. If they don't do anything, I think somebody should contact a news outlet...

[chaddurbin]

Originally Posted by jimjim

I received a reply from someone at Huggins and Scott that said they would look into it and take appropriate actions. I hope they reply to this thread to give an update, because actions speak louder than words.

It takes a lot more time and effort to do the right thing and refund the buyer the $3K and destroy this item then to just let a forged autograph enter the marketplace. If they don't do anything, I think somebody should contact a news outlet...

don't worry, haulsofshame is ready with the breaking news noise i'm sure.

[shelly]

Why should a news outlet be told? This is what you are supposed to do. If they don't do it. Then you tell the news. This should have been taken care of the minute they heard of it.
"We are looking in to it ". What a bunch of crap. What do they need to look into a crystal ball.

[Runscott]

Originally Posted by shelly

If they don't do it. Then you tell the news.

That's what he said.

This Waner is just another example of the state of this hobby - we rely on TPA's to do our thinking for us, assuming they have more skills than we do. First of all, they don't have the incentive we have to get it right - they can screw up and it's no big deal - very few repercussions, if any. Second, in many cases they actually do NOT have the skills that the prospective purchaser has - too many times we've seen examples of someone buying a forgery with a COA, then coming on this forum with it, already realizing that he's bought a forgery - you need to come to that realization before you buy the thing.

Enough people are still buying the COA rather than the autograph, to make it a profitable business to rush through authentications, attaching COA's to pure crap.

At some point I would like to see one of the respected auction houses like H&S say, "We are dropping xxxx - the quality of their authentication service does not fit well with the high quality product we are committed to delivering."

[shelly]

It will never happen. To many people have there money invested on the word of the big boys. If they get droped what do you think it would do to all the inventory that is out there. 1929

[Runscott]

I don't think TPA's will ever go away, and I regrettably feel that the quality of their work will remain at it's current low standard; however, I wouldn't be surprised if all the negative publicity regarding TPAs will someday result in some of the major AH's splitting from them. I think the first one to do it would immediately gain a lot of respect in the hobby. If enough of them did it, it might force the TPAs to re-think the quality of the work they provide.

[travrosty]

it's the system in use right now and the tpa's are suppose to be impartial third party. I don't think we will see any of them dropped, the system is too lucrative right now, the customer demands it or so we think. There is an auction house owner as a member of psa, and that auciton house employs PSA services, so how does that work?