O/T: $3.7 Million O-Pee-Chee Hockey Card Case Still in Limbo

[Aquarian Sports Cards]

Originally Posted by calvindog

The winner is a clown who has no money, obviously. If he had any real money, the consigner/Heritage would have sued him.

Heritage is rarely caught like this. I had a card for which I received an accepted "make an offer" price and before I even pulled the card out of my safe, I received an email from Heritage telling me they didn't believe the buyer was legit. A few minutes later they confirmed this for me and I never sent the card back to Heritage.

Hard to believe they didn't vet him a little more thoroughly for a nearly 4 million dollar bid. No chance he's just a flake with money? I imagine the cost of going after him would have to be shared with the consignor, and then what's to guarantee he pays even if judgement is levied against him? Seems like potentially a ton more hassle and a lower profit than just re-selling it. I wonder if they reached out to underbidders and got shot down? Technically if offered to an underbidder you are supposed to remove ALL of the non-payer's bids since they weren't valid. so if it was only two guys bidding it up for a while, the correct offer to an underbidder may have also been unattractive to the consignor. I can't see this selling for anywhere near the same price a second time for all of these reasons, plus the bad publicity. So of course it will probably sell for more lol.