Posted By:
PCThe fact that he continued to respond to me and took the auctions down are positives for him. But who knows the extent of his involvement, if any (other than perhaps being duped himself).
The auction houses need to be very worried. I'm repeating myself, but at this point who would purchase any high dollar/high grade card, even from the most reputable eBay seller or auction house, without having an ironclad, no questions asked return policy, or without at least seeing the card in person.
Do the auction houses have to resubmit all their cards for verification, in order to be comfortable (or avoid liability)? That's not an attractive proposition, as the costs will go up and margins will get narrower. And that doesn't necessarily help the buyer in a resale, since the trust isn't necessarily going to be there.
What happens now?