Memory Lane sold cards they didn't have per SCD

Lorewalker · #1 06-03-2025, 11:11 AM

What is still most amazing is that Joe T states that they shipped these boxes regularly (maybe not with this much value) to a hotel that not only had no responsibility to safeguard it but without an agent of the auction house being on site. That puts the contents of those boxes at risk for loss each time. Incredibly irresponsible of the Memory Lane. And just because they had never had a box go missing prior to this event does not justify that they kept doing it.

jayshum · #2 06-03-2025, 11:14 AM

Quote:

Originally Posted by Lorewalker

What is still most amazing is that Joe T states that they shipped these boxes regularly (maybe not with this much value) to a hotel that not only had no responsibility to safeguard it but without an agent of the auction house being on site. That puts the contents of those boxes at risk for loss each time. Incredibly irresponsible of the Memory Lane. And just because they had never had a box go missing prior to this event does not justify that they kept doing it.

From what I remember other people saying, Memory Lane isn't the only company that does this.

Lorewalker · #3 06-03-2025, 11:37 AM

Quote:

Originally Posted by jayshum

From what I remember other people saying, Memory Lane isn't the only company that does this.

In my opinion it is reckless to not safeguard your property so I don't care if every dealer there does it. Not the hotel's responsibility to hold valuable packages, which is why they limit their liability. Packages should be held at Fed Ex or shipped to arrive when an agent from the company is on site.

jayshum · #4 06-03-2025, 12:19 PM

Quote:

Originally Posted by Lorewalker

In my opinion it is reckless to not safeguard your property so I don't care if every dealer there does it. Not the hotel's responsibility to hold valuable packages, which is why they limit their liability. Packages should be held at Fed Ex or shipped to arrive when an agent from the company is on site.

I agree with you. I was just pointing out that your earlier comment was singling out Memory Lane when it appeared to be a somewhat common practice by AHs. I wonder if it still is.

Lorewalker · #5 06-03-2025, 12:32 PM

Quote:

Originally Posted by jayshum

I agree with you. I was just pointing out that your earlier comment was singling out Memory Lane when it appeared to be a somewhat common practice by AHs. I wonder if it still is.

I was singling them out because the bumped thread was about their theft and Joe T stated they do this all the time. I had not heard other dealers did that regularly or forgot that I had read it, but again because others do it or have done it does not mean it is a great idea.

I am guessing, at least momentarily, dealers changed the way they rely on that hotel and possibly others just as dealers learned from the theft at the Dallas Show to watch their inventory more closely that is sitting in a suitcase.

Peter_Spaeth · #6 06-03-2025, 12:36 PM

It was certainly good karma for Joe T and Memory Lane that the thief was not very smart.

raulus · #7 06-03-2025, 01:10 PM

Quote:

Originally Posted by Peter_Spaeth

It was certainly good karma for Joe T and Memory Lane that the thief was not very smart.

Comparing this to Dallas, it probably helped that it was a crime of opportunity rather than a well-planned and executed heist. Once he had the goods, he clearly didn’t know what to do with them, and had no extradition strategy to avoid getting caught.

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