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How about if someone owns some high end baseball cards and they are extremely careless with them and some of them get stolen. Then someone goes and buys one of these cards which could be 3 years worth of their card budget (Let's say its $30K). They have no knowledge of this card being stolen and now because of a careless seller they have to share the burden of cost. Maybe legally this is what is supposed to happen but I don't think its fair and just that this unsuspecting buyer should be on the hook for any of this either. Is there any insurance out there that covers dealers at shows? I know there are a couple of companies out there that do insurance but I would imagine someone offers insurance to people who sell items at shows/conventions etc. I feel terrible for the OP and I hope he gets his card back. In no way am I implying he was careless, but I am throwing out a scenario that isn't black and white. Last edited by Marchillo; 08-13-2018 at 10:28 AM. Reason: typos |
#2
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Is there any insurance out there that covers dealers at shows? I know there are a couple of companies out there that do insurance but I would imagine someone offers insurance to people who sell items at shows/conventions etc
Yes those collectible insurance places also have insurance for vendors who go to shows. The rates are higher than they are for collectors Rich
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#3
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If I had bought this card not knowing it was stolen I would contact the seller and try to work out some kind of arrangement. I would not want to deal with any legal repercussions or damage to by hobby reputation but trying to keep a stolen card or an attempt to get it into a new holder for resale.
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I, too, am not implying that anything like that happened in this case, but there are too many scenarios to say just because someone reports something stolen and it later turns up that it should be returned to the one that reported it stolen. Last edited by vintagetoppsguy; 08-13-2018 at 11:43 AM. Reason: Spelling |
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This is one of the points I was making earlier. I never got a receipt from a card show or shop from a card I purchased. I could go sell some good cards then walk out of the show and call the cops saying my card have been stolen. Jesse did you just say moral obligation? Thought you weren’t in to that kind of stuff. Why should someone who got anything stolen from them pay for it back?
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#7
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And I dont see why you would question mine. I found dog is quite different than a purchased 5 or 10 grand Mantle RC.
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#10
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So my understanding on this...
If you have property that was reported stolen, you cannot convey good title on that item. I believe the law dictates you go back to the person you bought the card from and get your money back, then they go to who they bought it from and get their money back and down the line. Even if the insurance has paid on a claim the property in still good as it belongs to the insurance company now. There are several ways to handle it though very dependent on the specific circumstances. That sucks to have your card stolen though... |
#11
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#12
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Hey all such a tragic thing to read about any update on the missing hope it’s found!
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#13
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Is it crazy to ask how/why the building has no video or security? This victimized dealer is at very front of the room, correct?
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