Mike O'Keeffe really hates cards today

[calvindog]

Most on this thread when considering the impact on the hobby after an indictment of some of the crooks are thinking 'how will this affect prices and my investment as a whole?' Instead, consider that an indictment will a) clear out some particularly scummy dealers/auction houses principles (which will automatically reduce some fraud in the hobby); and b) act as a deterrent to some of the other scummy dealers/auction house principles who are still in operation, which will also will have a positive impact on hobbyists. Of course, our hobby is really up to the ears in cretins and some of them will not stop defrauding us until they are literally in cuffs and imprisoned -- and only stopped until they are back on the street and operating again.

[Exhibitman]

Originally Posted by calvindog

our hobby is really up to the ears in cretins

True dat!

And I hear the location of the secret meeting has now been moved to the Minneapolis airport mens' restroom. Just tap three times on the foot of the guy in the next stall to let them known you're in.

[Thrill-of-the-Hunt]

jeff, of course, you are hoping this will happen. but reality is most of these investors may have lost out like the housing market. here is my example: for years mastro and others have shilled up prices (alledgedly), so for say 5 years it seemed the material was holding steady and had a solid floor. now i see some of this stuff show up at REA and Heritage and the prices are down quite a bit. it could coincidence with the economy and housing market being in the cellar.

i think the scummy dealers/sellers/auction houses should be investigated and punished. the most cocky and arrogant of them will probably fall first, as most would like to see them knocked off their petastools.

everybody (or 98%) of people in this hobby/industry love the idea of funding their collections through resale of investment cards or undervalued pickups turned for a profit to buy more stuff. the reason legendary may have been able to hang in there was the opportunity for bidders to buy lots undervalued, so every dealer and savvy collector was looking for a bargain.

rand brotman

[Exhibitman]

I'd go anyway but all this crazy SH** going on almost makes up for the fact that the show is in Baltimore...

[Leon]

Originally Posted by Thrill-of-the-Hunt

jeff, of course, you are hoping this will happen. but reality is most of these investors may have lost out like the housing market. here is my example: for years mastro and others have shilled up prices, so for say 5 years it seemed the material was holding steady and had a solid floor. now i see some of this stuff show up at REA and Heritage and the prices are down quite a bit. it could coincidence with the economy and housing market being in the cellar.

i think the scummy dealers/sellers/auction houses should be investigated and punished. the most cocky and arrogant of them will probably fall first, as most would like to see them knocked off their petastools.

everybody (or 98%) of people in this hobby/industry love the idea of funding their collections through resale of investment cards or undervalued pickups turned for a profit to buy more stuff. the reason legendary may have been able to hang in there was the opportunity to buy lots undervalued, so every dealer and savvy collector was looking for a bargain.

this is all fine...but you will need to put your name out here per the forum rules (concerning the assumption of shill bidding). If you don't want to do that then you need to edit your post. Again, I really, really don't care if you say what you did, or not...as everyone is responsible/liable for what they themselves say. It's only a matter of putting your name out in public, that is a forum rule, and certainly not what to, or not to, say. thanks....