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Reload this Page 1914 CJ Joe Jackson PSA 2 to SGC 5
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  #1  
Old 06-24-2019, 05:02 AM
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swarmee swarmee is offline
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Quote:
Originally Posted by 1952boyntoncollector View Post
So what is the recourse. SGC should pay 60k back to the buyer? You guys tell me what should happen as apparently this is going on right now..
If that's what their guarantee states, then yes.
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  #2  
Old 06-24-2019, 08:48 AM
Republicaninmass Republicaninmass is offline
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Originally Posted by swarmee View Post
If that's what their guarantee states, then yes.
actually, it is Guaranty

from the Bible (internet)

"Guaranty” is the undertaking of an action where one is answerable to another for the payment of a debt by a third person. It can be undertaken for the performance of some specific duty when the other miscarries it"
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  #3  
Old 06-24-2019, 08:51 AM
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Originally Posted by Republicaninmass View Post
actually, it is Guaranty

from the Bible (internet)

"Guaranty” is the undertaking of an action where one is answerable to another for the payment of a debt by a third person. It can be undertaken for the performance of some specific duty when the other miscarries it"
TPGs are not being asked to pay the debt of a third person. Guarantee is correct.

https://www.grammar.com/guarantee_vs._guaranty
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Last edited by Peter_Spaeth; 06-24-2019 at 08:52 AM.
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  #4  
Old 06-24-2019, 09:35 AM
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He means that guaranty is the word they use in their name. They're quite emphatic about that. But yes, the arrangement under discussion here is a guarantee.
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  #5  
Old 06-24-2019, 09:35 AM
1952boyntoncollector 1952boyntoncollector is offline
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Originally Posted by swarmee View Post
If that's what their guarantee states, then yes.
sounds like from the others posting on the thread they dont legally owe anything.. . so again what is the recourse for this buyer of this allegedly tainted card and 60k price difference...
Last edited by 1952boyntoncollector; 06-24-2019 at 09:37 AM.
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  #6  
Old 06-24-2019, 10:15 AM
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Originally Posted by 1952boyntoncollector View Post
sounds like from the others posting on the thread they dont legally owe anything.. . so again what is the recourse for this buyer of this allegedly tainted card and 60k price difference...
You're a lawyer and you're relying on what anonymous non-lawyers are saying regarding a legal agreement?
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  #7  
Old 06-24-2019, 10:49 AM
1952boyntoncollector 1952boyntoncollector is offline
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Originally Posted by calvindog View Post
You're a lawyer and you're relying on what anonymous non-lawyers are saying regarding a legal agreement?
Like to see a answer from someone, you think PSA should pay 60k to this buyer? This isnt a 2k card argument example. If PSA doesnt pay him 60k does he have a cause of action. How long should he wait for PSA to review the card...3 months?

If PSA wont pay him and he doesnt live in California and doesnt want to pay a lawyer because they are too expensive he should just eat the card?
Last edited by 1952boyntoncollector; 06-24-2019 at 10:50 AM.
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  #8  
Old 06-24-2019, 10:55 AM
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Originally Posted by 1952boyntoncollector View Post
Like to see a answer from someone, you think PSA should pay 60k to this buyer? This isnt a 2k card argument example. If PSA doesnt pay him 60k does he have a cause of action. How long should he wait for PSA to review the card...3 months?

If PSA wont pay him and he doesnt live in California and doesnt want to pay a lawyer because they are too expensive he should just eat the card?
It's SGC, first of all, and second of all, he paid 80K for the card not 60. But more to the point, why are we even speculating about this when it just happened?
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Four phrases I have coined that sum up today's hobby:
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Stuff trumps all.
The flip is the commoodity.
Animal Farm grading.
Last edited by Peter_Spaeth; 06-24-2019 at 10:57 AM.
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  #9  
Old 06-24-2019, 10:59 AM
1952boyntoncollector 1952boyntoncollector is offline
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Originally Posted by Peter_Spaeth View Post
It's SGC, first of all, and second of all, he paid 80K for the card not 60. But more to the point, why are we even speculating about this when it just happened?
There were other cards that were also high dollar that didnt just happen....we can stop talking about the 1000 dollars cards and why would someone pursue legal action because the value is too law to be worth it . My point is there are enough high dollar cards out there either individual or together in someones collection that it would be well worth a lawsuit whether in california or mars (much be a city named mars) if they were not satisfied on what they were offered.

You basically said that someone with a 80k card that the bought altered would be willing to wait 3 months to get a decision from a TPG because 'what choice do they have'
Last edited by 1952boyntoncollector; 06-24-2019 at 11:01 AM.
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  #10  
Old 06-24-2019, 11:10 AM
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Originally Posted by 1952boyntoncollector View Post
There were other cards that were also high dollar that didnt just happen....we can stop talking about the 1000 dollars cards and why would someone pursue legal action because the value is too law to be worth it . My point is there are enough high dollar cards out there either individual or together in someones collection that it would be well worth a lawsuit whether in california or mars (much be a city named mars) if they were not satisfied on what they were offered.

You basically said that someone with a 80k card that the bought altered would be willing to wait 3 months to get a decision from a TPG because 'what choice do they have'
They would certainly have to wait a reasonable time before they could argue something like constructive refusal to honor the guarantee by virtue of delay.
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Four phrases I have coined that sum up today's hobby:
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Stuff trumps all.
The flip is the commoodity.
Animal Farm grading.
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