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Reload this Page Not sure if this has been posted..Mastro in the Chicago Tribune
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  #1  
Old 08-13-2009, 04:16 PM
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A nice way to say it. I wish that their next auction had more in it so that you could be paid back faster.
How could the auction have more in it? The word is getting out that consignors from Feb. have not been paid. Who wants to consign and worry about not getting paid?
Anybody want to forecast an over/under number on how long Legendary can stay in business. I make the line 13 months, over or under?
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Old 08-13-2009, 04:27 PM
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swimsuit models.
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  #3  
Old 08-13-2009, 04:32 PM
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Gosh I think they may too great to even get to 13 months. Unless of course they can promote their business by listing some cards for $25,000 on ebay.
Last edited by botn; 08-13-2009 at 04:33 PM.
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  #4  
Old 08-13-2009, 04:45 PM
Sean_C Sean_C is offline
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Default Already been done
American Memorabilia is already doing that. Unless Doug wants to put on a speedo (great, there goes my ability to sleep or keep down solid foods for the next few days.)....

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swimsuit models.
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  #5  
Old 08-13-2009, 05:10 PM
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Is it not true that Legendary bills consignors for getting their items professionally graded?I would like to know since a friend of mine consigned to their first auction and received a bill for 1,000.00 for getting some of his stuff graded.Anyone out there have the same experience?
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  #6  
Old 08-13-2009, 05:16 PM
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Unless I misread the post (very possible at my age and as a micro-mind), there is a post on the Non-Sports board where they sent out and billed a lady $40,000 for grading. I am sure at a level like that it was something that was agreed to beforehand.
Last edited by HRBAKER; 08-13-2009 at 05:18 PM.
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  #7  
Old 08-13-2009, 05:50 PM
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Is it not true that Legendary bills consignors for getting their items professionally graded?I would like to know since a friend of mine consigned to their first auction and received a bill for 1,000.00 for getting some of his stuff graded.Anyone out there have the same experience?

I thought that Mastro had a deal with grading companies to have cards graded for $7 each irrespective of tier, but I guess that is not true. Doug Allen told me that the cost of grading a single card was $250, and that was the reason why Mastro could not pay the remaining $200 due to me from my February consignments.

$250 seems like a lot of money to grade one card, but I told Doug if he could show me a copy of the PSA invoice showing the $250 charge, that we could just call it the day. It has been three weeks and I still have not heard anything from Doug.
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  #8  
Old 08-13-2009, 05:55 PM
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$250? I think that's the service tier where the return the card via unicorn.
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Old 08-13-2009, 05:58 PM
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$250? I think that's the service tier where the return the card via unicorn.
Well played.
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Old 08-13-2009, 05:59 PM
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$250 is for a card with a declared value of $10,000 plus. I hope you got a good price for the card.
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  #11  
Old 08-13-2009, 06:00 PM
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I thought that Mastro had a deal with grading companies to have cards graded for $7 each irrespective of tier, but I guess that is not true. Doug Allen told me that the cost of grading a single card was $250, and that was the reason why Mastro could not pay the remaining $200 due to me from my February consignments.

$250 seems like a lot of money to grade one card, but I told Doug if he could show me a copy of the PSA invoice showing the $250 charge, that we could just call it the day. It has been three weeks and I still have not heard anything from Doug.
And does this surprise anyone?
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Old 08-13-2009, 06:05 PM
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Doug may very well be the greatest.
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  #13  
Old 08-13-2009, 06:11 PM
WarHoundR69 WarHoundR69 is offline
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Default April Legendary Auction
Now it turns out that they are not paying consignors from the April Legendary Auction. There is a thread about it on the NonSports side.
Last edited by WarHoundR69; 08-13-2009 at 06:11 PM.
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  #14  
Old 08-13-2009, 06:25 PM
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Reminds me of the of a cartoon I saw a while back, I think in The New Yorker:
Two businessmen in suits standing in an office...

Q "Wow, how did you go bankrupt?"
A "A little bit at a time then all at once."

I'm afraid this is not going to end well for the Mastro/Legendary cast of characters.
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  #15  
Old 08-13-2009, 08:06 PM
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Now it turns out that they are not paying consignors from the April Legendary Auction. There is a thread about it on the NonSports side.
Uh, oh. I guess I should let Dave Forman know that there will be another leak to the Daily News about him any second now...
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  #16  
Old 08-13-2009, 06:30 PM
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Doug may very well be the greatest.
the greatest what?
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  #17  
Old 08-13-2009, 07:15 PM
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the greatest what?
Well...the greatest of the 'great' guys, of course.
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