Memory Lane sold cards they didn't have per SCD

[jacksons]

I think things are going to change after this debacle. I never felt comfortable about AH’s displaying consigned items at card shows thousands of miles away from their headquarters. Especially with today’s prices. It’s too risky. Is insurance going to cover all of this?

[Lorewalker]

Originally Posted by jacksons

Is insurance going to cover all of this?

Good question. I guess it depends on the requirements of the policy. It is possible they would decline coverage since it was not sent to someone who was a party to the transaction. They essentially sent it to a stranger and told them to hang on to it for them for a few days.

[Snowman]

Originally Posted by jacksons

Is insurance going to cover all of this?

Lol, no. Of course not. Not if the details in that article are correct anyhow.

Now I'm worried that they won't be able to pay me for my lawsuit... Ugg

[Casey2296]

Originally Posted by Snowman

Lol, no. Of course not. Not if the details in that article are correct anyhow.

Now I'm worried that they won't be able to pay me for my lawsuit... Ugg

From the article:

"The cards remained in the auction in hopes that police could recover them prior to last weekend’s close but as of Monday night, they were still missing and company officials spent Monday informing buyers of what happened. All were fully insured so consignors will receive their proceeds from Memory Lane."

Are you saying consignors will not be compensated fully for the hammer price of the missing cards?