Quote:
Originally Posted by Santo10Fan
I deal with the former frequently when I sell current concert posters/prints. Normally they are non-ebay conertgoers scrambling to get a print they just missed since designs change in each city.
Considering PWCC circumstances and the final price, the Mantle buyer hit a good price point. The consigner's ROI was likely not as good as would be expected from PWCC pre-scandal imo, although it was a short turnaround (flip). The buyer has a 14-day NQA return window to examine the card personally and potentially have one or more third parties weigh in. He/she has the backing of ebay, paypal, and PSA. The buyer could choose to challenge PSA directly on its guarantee.
Under those circumstances, I don't find the purchase to be much of a risk, on the contrary it seems a perfect time for an astute buyer to get a nice Mantle.
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I could be mistaken, but didn't PSA claim to have $700K in reserves for their potential "Guarantee" payout?
If that figure is correct, this one card would wipe out 71.4% of their total reserves. Not that they'd ever actually pay out, but that would be a hoot, if it happened.
