What Would You Do With This Forum Transaction?

[seanofjapan]

Originally Posted by Peter_Spaeth

Why does a buyer need months to assess a card? When I buy a card I assess it in 15 minutes. If subsequently it turns out it's no good, absent some intentional fraud, I view that as on me.

(If a guarantee a card will grade is part of the deal, I would view it differently. But that's something that needs to be clear up front.)

The starting point of the debate was whether 4.5 years was too much, so I was simply arguing that it should be much less than that and "months" would be a maximum, not necessarily the ideal.

I don' t think 15 minutes is a reasonable standard since we're talking about the entire transaction, not just how long it takes someone to look at a card. You gotta give the postal system some time to deliver the card and the person a reasonable amount of time given what might be a busy schedule to actually open it up and examine it.

Also with higher value transactions at least I think its reasonable to factor in some time for the buyer to submit it to PSA or whatever and if a card they bought advertised as Nrmt or whatever comes back "Altered" they should be entitled to raise a claim for that provided they do so in a reasonable amount of time (taking into consideration postal times, whatever the grading company takes, etc).

I don't know, am I wrong about this? I've never made a high value transaction so I have no idea what the expectations are.

[Peter_Spaeth]

Originally Posted by seanofjapan

The starting point of the debate was whether 4.5 years was too much, so I was simply arguing that it should be much less than that and "months" would be a maximum, not necessarily the ideal.

I don' t think 15 minutes is a reasonable standard since we're talking about the entire transaction, not just how long it takes someone to look at a card. You gotta give the postal system some time to deliver the card and the person a reasonable amount of time given what might be a busy schedule to actually open it up and examine it.

Also with higher value transactions at least I think its reasonable to factor in some time for the buyer to submit it to PSA or whatever and if a card they bought advertised as Nrmt or whatever comes back "Altered" they should be entitled to raise a claim for that provided they do so in a reasonable amount of time (taking into consideration postal times, whatever the grading company takes, etc).

I don't know, am I wrong about this? I've never made a high value transaction so I have no idea what the expectations are.

It seems to me if a buyer wants a right of return contingent on the outcome of a third party grader's opinion, he should negotiate it up front along with a time frame.