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I've got no dog in this entertaining fight and have no opinion on who's right or who's wrong, but I've always interpreted that SGC requires cards of a certain value to be returned to the owner by registered mail. It's my understanding that the submitter can send them to SGC any way that he or she wants. (And this isn't to suggest Todd mailed them to SGC in a right or wrong way.)
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#3
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D Bergin-At worst Scott and Leon are out $1000 and have the card. That is the worst case.
Normal transaction: They pay the consignor $1000, the get paid $1125 by the buyer, and the buyer gets the card. Net $125. Worst Case (Pay consignor, card returned, and cannot recover money from consignor): They have paid consignor $1000, they get paid $1125 by the buyer, the return $1125 to buyer, they have the card. Net-they are out $1000 and have the card. The worst case is a low probability situation since, even if the consignor was paid, the auction house can request the money back from a consignor if the lot proves to have a problem. In Todd's case he found the problem quickly and this would have not been an issue. Regardless, I would expect this from a responsible seller or auction house. If I thought I would be treated otherwise I would not deal with that entity. |
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#5
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I found something and have posted something that I think everyone needs a refresher course on. I got this from my REA catalog from last year. I am sure everyone is in agreement that Rob Lifson is one of the "good guys" in the collecting world, and I have not heard anyone say one negative word about him on the Net 54 board. That being said, please read article #17 on the below section from his auction book. This is the way that EVERY single auction handles graded cards.....
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