Memory Lane sold cards they didn't have per SCD

[Rhotchkiss]

Originally Posted by Deertick

20%?

Again, be logical. First, these were all the big time cards in the auction, so ML gave up part of their 20%. Second, do you really think a long-standing auction house that likely makes over $1.5mm each auction would commit insurance fraud for an extra 12%-15% on $2mm (or and extra $250k - $300k)? I am sure there are businesses who would do something crazy like that, but memory lane (like most businesses) would not. Third, they just had $2mm+ of other people’s property stolen, and they are more than half way through an auction and trying to figure out what to do, and you think the conclusion is shill the stolen cards so we get X% more for insurance? I doubt ML would do that ever, but under these circumstances I think that thought was further east from their minds.

[Deertick]

Originally Posted by Rhotchkiss

Again, be logical. First, these were all the big time cards in the auction, so ML gave up part of their 20%. Second, do you really think a long-standing auction house that likely makes over $1.5mm each auction would commit insurance fraud for an extra 12%-15% on $2mm (or and extra $250k - $300k)? I am sure there are businesses who would do something crazy like that, but memory lane (like most businesses) would not. Third, they just had $2mm+ of other people’s property stolen, and they are more than half way through an auction and trying to figure out what to do, and you think the conclusion is shill the stolen cards so we get X% more for insurance? I doubt ML would do that ever, but under these circumstances I think that thought was further east from their minds.

Sorry, I was being facetious. Just trying to beat the next conspiracy theorist to the punch.

[Rhotchkiss]

Originally Posted by Deertick

Sorry, I was being facetious. Just trying to beat the next conspiracy theorist to the punch.

Fair enough. And actually a pretty good one, now that you explain it. All good

[toothcutter]

Originally Posted by Rhotchkiss

Again, be logical. First, these were all the big time cards in the auction, so ML gave up part of their 20%. Second, do you really think a long-standing auction house that likely makes over $1.5mm each auction would commit insurance fraud for an extra 12%-15% on $2mm (or and extra $250k - $300k)? I am sure there are businesses who would do something crazy like that, but memory lane (like most businesses) would not. Third, they just had $2mm+ of other people’s property stolen, and they are more than half way through an auction and trying to figure out what to do, and you think the conclusion is shill the stolen cards so we get X% more for insurance? I doubt ML would do that ever, but under these circumstances I think that thought was further east from their minds.

Is an inside job possible?

[Casey2296]

Originally Posted by toothcutter

Is an inside job possible?

It's definitely an inside job at the BW+ level imho.

[1880nonsports]

unlike school rooms across the country - life often gives you the test and THEN the lesson.....