Memory Lane sold cards they didn't have per SCD

[bnorth]

Originally Posted by Seven

That's exactly what I'm asking. I'd imagine they have to do SOMETHING with them

I have no idea on collectables. I do know vehicles because I have a friend who owns a business that buys them from the insurance company. If you total a vehicle and insurance pays out they own it. The insurance company already has a network set up to buy the wrecked vehicles. I would assume they have the same for collectables.

Originally Posted by Leon

You make so many assumptions you should write a novel....
.

Replace novel with comedy and I agree.

[MikeGarcia]

..It's been a while :




...Goudey Premium circa 1935-ish.

[Mark17]

Originally Posted by bnorth

I have no idea on collectables. I do know vehicles because I have a friend who owns a business that buys them from the insurance company. If you total a vehicle and insurance pays out they own it. The insurance company already has a network set up to buy the wrecked vehicles. I would assume they have the same for collectables.

If there is an insurance payout and the cards are eventually recovered, why couldn't ML have a standing offer to buy them (on behalf of the winning bidders who still wanted their winnings) from the insurance company? Doesn't something like that seem obvious for everybody, especially the insurance company, who then wouldn't need to search for a buyer and probably sell at a discount?

And if few of the winning bidders still wanted their winnings, wouldn't it make sense for the insurance company to work a deal with ML to auction them off?

I don't see why it seems to be assumed that if an insurance company ends up with the recovered cards, that they'd become unavailable to ML or the bidders.