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  #1  
Old 01-24-2012, 01:19 PM
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Casey Melchionno
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Rick, what exactly is the reason you are "attacking" me? It seems it is my age for some reason? or possibly because I did not agree with everybody else about this issue. Either way, not quite sure what your problem is. I am just expressing my opinion after looking at all the evidence that was given in the story. And I gave reasoning behind it, so you either agree or you don't. We are all entitled to our own opinion. In my opinion, auction letters mean close to nothing. they can not be taken seriously. I believe TPA's only charge about 10-20 dollars to do these auction letters, so obviously they are not going to spend much time with each item. Just look at briefly for things that stick out to them, and then they move on. As compared to when they fully authenticate, they typically do a much more thorough examination (especially for higher end items). For instance, here is a yankee team ball on ebay with an auction LOA, http://www.ebay.com/itm/1957-NY-Yank...item1e6a6a3961. In my opinion, that Mantle is a "clubhouse" autograph. But it does not say that in the auction letter description. I am not surprised to see this, it is an auction letter. These are the types of things to be careful of when buying items with auction letters.

And no, I will not "trust you". Why would I do that? That is what scam artists say to me as they are a offering a bogus Babe Ruth autograph for me to buy. I would trust somebody a lot more like Richard who has been in this hobby since the beginning and I know he has lots of experience, which is everything in this hobby.
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  #2  
Old 01-24-2012, 01:29 PM
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Jeff
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So basically an "auction letter" is just a money grab by the authenticators that enables auction houses to better sell merchandise. Informed buyers should give them little to no creedence. Why would an authenticating house that desires to be taken seriously even participate in such a program?

Oh, there's a dime to be made. Nevermind.
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Last edited by HRBAKER; 01-24-2012 at 01:31 PM.
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Old 01-24-2012, 01:46 PM
RickGallway RickGallway is offline
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Casey, I'm not attacking you. As long as you're the "honest man", I will not.

Since you keep bumping this thread to the top with your replies more people will learn about this fiasco, so I should rather thank you for that.

I don't collect or sell autographs, in fact, I don't know shit about them, but one thing I do know is how crooks have trashed and KEEP trashing this hobby.

The only scam artist here is the one that issued a certificate for the signed envelope that is being discussed in this thread. Trust me.
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Old 01-24-2012, 01:54 PM
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Dan Bretta
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Quote:
Originally Posted by RickGallway View Post
The only scam artist here is the one that issued a certificate for the signed envelope that is being discussed in this thread. Trust me.
I disagree...there is more than one scam artist at work here.
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Old 01-24-2012, 01:57 PM
RickGallway RickGallway is offline
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Touché
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Old 01-24-2012, 02:13 PM
travrosty travrosty is offline
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People that inspect potential Rembrandt painting don't just look at it quick for a minute then decide whether or not it is a Rembrandt. Sometimes it take years. The companies have fallen into the trap of taking a process and adapting it to a business model that stresses squeezing every last penny as quick as they can make it instead of respecting the process and trying to maximize profits only within the confines of what allows for a thorough and complete inspection with safeguards in place.

It is the memorabilia version of killing the goose that is laying the golden eggs. The goose isn't dead yet, but it's bleeding profusely.


These TPA's should slow down at least some and make sure they look for erasures on every piece, and really do a good thorough job, even if it takes awhile and the profit on that piece isn't as much as they would like. Integrity of the process to protect the collector should trump profit at ANY cost.

Just slapping a sticker on it and moving on to the next piece may have worked for the last dozen years, but that is changing. GAI is no longer around, and the other companies haven't seemed to learn anything from that story.

Of course these companies have to make money in order to stay in business, but they also have to stay in business in order to make money!
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Old 01-24-2012, 02:24 PM
drc drc is offline
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I agree that a company charging a fee to judge the accuracy of their own LOAs-- and, not only that, but saying this should be done on the LOA-- is, well, a curious concept.

I give quick opinions often (as many of us do)-- people email me photos of their items asking for my quick 2 cents--, but I'm hardly going to allow that opinion be printed out as a LOA for an item I've never seen in person. One, I can't authenticate something from digital photos and, two, I value my reputation.

Last edited by drc; 01-24-2012 at 02:31 PM.
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Old 01-24-2012, 01:42 PM
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So who is on the hook for an auction house letter? Is it the auction house or the ABC? And if it's ABC and I have an obvious forgery that has an auction house letter from said ABC what kind of pressure does that put on them to fully authenticate an obvious forgery?
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