Ashamed - Topps T206 Buy Back Fraud

[esd10]

This is just pure and simple fraud and this scum should be prosecuted to the fullest extent of the law. This type of act is what undermines people confidence in the hobby and i dont care if he apologized with simple fact he ripped people off.

[rats60]

Originally Posted by esd10

This is just pure and simple fraud and this scum should be prosecuted to the fullest extent of the law. This type of act is what undermines people confidence in the hobby and i dont care if he apologized with simple fact he ripped people off.

The law is more concerned with ISIS using EBay to send money than some random guy scamming people out of a few dollars on t206s.

[bobbyw8469]

Originally Posted by rats60

The law is more concerned with ISIS using EBay to send money than some random guy scamming people out of a few dollars on t206s.

He has totally undermined the entire set though. If someone was building the set, they now have to realize their entire set is based on a lie.

[EvilKing00]

What a disgrace, this guy low. I guess could see a crook trying to rob a bank to score a million bucks, but to destroy a set of cards, to tarnish many peoples collections for a few dollars each card sold..... shameful. Im not a t206 collector, but forgive & forget? Thats not in my vocabulary

[egbeachley]

Originally Posted by bobbyw8469

He has totally undermined the entire set though. If someone was building the set, they now have to realize their entire set is based on a lie.

I'm not sure that I see a difference between Topps putting legit T206 cards in their generic frame and someone else putting legit T206 cards in the same generic frame.

By generic I mean no identifier as to what's in it.

[CTDean]

Originally Posted by egbeachley

I'm not sure that I see a difference between Topps putting legit T206 cards in their generic frame and someone else putting legit T206 cards in the same generic frame.

By generic I mean no identifier as to what's in it.

+1

The only value I see is the T206 inside the generic holder. If Topps had a master list available with the names and quantity of each T206 they inserted, and the frames were marked accordingly, you might then have an item with a perceived value above the inserted T206 value.

[Peter_Spaeth]

Originally Posted by CTDean

+1

The only value I see is the T206 inside the generic holder. If Topps had a master list available with the names and quantity of each T206 they inserted, and the frames were marked accordingly, you might then have an item with a perceived value above the inserted T206 value.

The perceived value is obviously above the T206 value, as shown by the spreadsheet provided by Leon and the fact that Larry continued to do this for years. I personally don't see the augmented value, but obviously some collectors do.

[CTDean]

Peter,
I agree that some people do value the Topps 206 buy back above the inserted T206 value. Leon has provided the members of the board with proof of Larry's scam, and harm to this issue by taking his own time to work the spreadsheet and then provide it. I hope those affected will be made right. I also hope Topps takes needed steps to protect and document future buy back issues to prevent the fraud attached to this issue.

[Michael B]

Originally Posted by bobbyw8469

He has totally undermined the entire set though. If someone was building the set, they now have to realize their entire set is based on a lie.

How could you undermine a set if Topps was not inserting a complete set of T206's in the packs? There would be no set to complete unless Topps said there were a certain number of cards to collect and each was numbered. If Topps acquired several thousand Doc White or Bunk Congalton cards but only a few Pete Cassidy or William Nattress cards how could they possibly create a set for collectors to work on? They were marketing these so that the pre-war collectors would spend their money with Topps. Merely a marketing ploy. It cannot be all stick and no carrot if you are trying to separate people from their money.

[Fred]

I wonder how Topps would feel if they knew about it.

How many cards are known to have been inserted into the holders and sold?

What is the ebay handle of the seller?

Sadly, it seems par for the course for this hobby.

Did this make it to Hauls of Shame yet?

[Aquarian Sports Cards]

Originally Posted by Fred

I wonder how Topps would feel if they knew about it.

How many cards are known to have been inserted into the holders and sold?

What is the ebay handle of the seller?

Sadly, it seems par for the course for this hobby.

Did this make it to Hauls of Shame yet?

Unlike Tiffany's, Coach, Michael Kors etc... Topps doesn't seem to give a crap about protecting their properties on ebay. there are literally THOUSANDS of counterfeit Topps cards being sold as reprints at the very least, many being represented as the real deal. If Topps would make a stink about this like the aforementioned companies it would clean up a LOT of crap very quickly. Try and list a counterfeit handbag and see how fast you get shut down.

[egbeachley]

Originally Posted by Aquarian Sports Cards

Unlike Tiffany's, Coach, Michael Kors etc... Topps doesn't seem to give a crap about protecting their properties on ebay. there are literally THOUSANDS of counterfeit Topps cards being sold as reprints at the very least, many being represented as the real deal. If Topps would make a stink about this like the aforementioned companies it would clean up a LOT of crap very quickly. Try and list a counterfeit handbag and see how fast you get shut down.

Topps didn't lose anything in the process. Someone purchased a Topps Buyback card for the frame, pulled out what was in it, and put in a T206.

Oddly enough the OP (and who knows how many others) may have actually expanded the market. There is no difference to his cards when compared to the original inserts.