Happy Festivus! Airing of Grievances 2024 Edition

[rats60]

Originally Posted by Peter_Spaeth

It's very different for a business that has consignors it will potentially need to reimburse, an ongoing auction with hundreds of bidders, and an insurer (or more than one) it potentially will need to deal with and agree with (or not) on values of stolen cards. It's not at all the same thing as one guy selling one card on the BST. Just because you can construct some overly simplistic analogy does not make the analogy meaningful. Again, who was, or could have been, hurt in this massive outrageous fraud?

What about collectors bidding on cards that ML didn't have? What if collectors had bid on those cards and not bid on other cards in the auction? If the cards had not been found, collectors would have passed on other cards they wanted to think they bought a card that they would never get. Consigners cards may have sold for less due to people bidding on these stolen cards.

[Mark17]

Originally Posted by rats60

What about collectors bidding on cards that ML didn't have? What if collectors had bid on those cards and not bid on other cards in the auction? If the cards had not been found, collectors would have passed on other cards they wanted to think they bought a card that they would never get. Consigners cards may have sold for less due to people bidding on these stolen cards.

+1

I think, at least, we would all call continuing the auctions without cards in hand "deceptive."

Some will go on to rationalize it.

[Peter_Spaeth]

Originally Posted by rats60

What about collectors bidding on cards that ML didn't have? What if collectors had bid on those cards and not bid on other cards in the auction? If the cards had not been found, collectors would have passed on other cards they wanted to think they bought a card that they would never get. Consigners cards may have sold for less due to people bidding on these stolen cards.

And if they shut the auction down, or took every stolen card off the table, both collectors and consignors are deprived of potential purchases/sales if the cards are found, and if they aren't, ML owes 100 card owners money and the valuation process starts at ground zero and it well could have worked to the disadvantage of consignors. It's a no win.

[rats60]

Originally Posted by Peter_Spaeth

And if they shut the auction down, or took every stolen card off the table, both collectors and consignors are deprived of potential purchases/sales if the cards are found, and if they aren't, ML owes 100 card owners money and the valuation process starts at ground zero and it well could have worked to the disadvantage of consignors. It's a no win.

They could have run them in another auction when the cards were recovered. If not, the card owners are reimbursed by ML and their insurance company.

[Peter_Spaeth]

Originally Posted by rats60

They could have run them in another auction when the cards were recovered. If not, the card owners are reimbursed by ML and their insurance company.

Agreed, but not before a whole valuation process on cards many of which did not exactly have a lot of comps. I'm not saying it was not a bad look -- it was -- just that at that point no alternative was great and they probably had reasons including insurance company input for doing what they did.

[GoCubsGo32]

Happy Festivus!

Ooh man, I'm sorry but.. I got problems and your gonna hear about it!

1) Placement of TPA Stickers

TPA stickers on the front of photos...it looks horrible. It takes away from the actual photo and autograph. Place it on the back, if you don't have a letter. I promise it'll still work the same.

2) I can't stand online card breakers. *slow reveal....slow reveal.....*
LEEETTTTSSSSSSSS GOOOOOOOOOOOOOOO!
*cringe*

3) How many parallels does a card really need?

4) Charging $6.25 for shipping and then ship my order with a PWE and .73 stamp...not cool.

5) High prices on new modern product. Makes it tough for kids and new people coming into the hobby.

whew...okay, I think I'm good now...thank you!

Happy Holidays & New Years! Cheers!

[brianp-beme]

What bothers me the most is that what I frequently post seemingly requires rhyming, and is often somewhat off-topic to the point of being a tad misanthropic.

Brian (opening up a whole unexplored avenue of the airing of Festivus self-grievances)

[ALBB]

Yes, thats fascinating !