What happens when JSA changes their mind???

[RichardSimon]

Originally Posted by whiteymet

Hi Richard:

Assuming that the autograph is real how would you suggest my friend move forward if he wants to sell the item and not confront the AH or JSA?

Is it "ethical" to relist with the "old" LOA as some here have suggested? If so do all AH's resubmit even with a LOA as REA did in this case?

Thanks for your input.

Fred

Sorry but I do not have an answer for that. Advice on this issue is not an easy thing to give. It is up to your friend to decide for himself.

[whiteymet]

Hi All

This card is now being offered in the BST autograph forum. Take a look and PM me if interested.

http://www.net54baseball.com/showthr...42#post1514642

Thanks,

Fred

[brooklynbaseball]

Many years ago, included in an auction was a "holy grail" signed item in a signed set I collect. I won the auction for a bit over $7k and was thrilled. The one thing that bothered me was there is a collector I am in touch with that ALWAYS outbid me on items like this, as his funding far surpasses mine. I contacted him and he gave me the following reason why he passed on bidding (winning) the item. When Jim Spence worked for PSA, he had authenticated the item, and psa had applied a sticker and slabbed the item. When the owner submitted the item to the present auction house, psa decided they did not believe the card was indeed authentic. THEY PAID the owner $2k to remove the card from the holder and remove the sticker. I was shown the stub from the check paid by psa. The auction house then sent the card to JSA, who slabbed the card again. NO MENTION was made of any of this by the auction house. I decided to pass on the item, and the auction house, when faced with the information, cancelled the transaction and supposedly sold the item to the underbidder. It's just how things work in this, and many other hobbies, honor doe$ rarely exist.

[whiteymet]

Originally Posted by brooklynbaseball

Many years ago, included in an auction was a "holy grail" signed item in a signed set I collect. I won the auction for a bit over $7k and was thrilled. The one thing that bothered me was there is a collector I am in touch with that ALWAYS outbid me on items like this, as his funding far surpasses mine. I contacted him and he gave me the following reason why he passed on bidding (winning) the item. When Jim Spence worked for PSA, he had authenticated the item, and psa had applied a sticker and slabbed the item. When the owner submitted the item to the present auction house, psa decided they did not believe the card was indeed authentic. THEY PAID the owner $2k to remove the card from the holder and remove the sticker. I was shown the stub from the check paid by psa. The auction house then sent the card to JSA, who slabbed the card again. NO MENTION was made of any of this by the auction house. I decided to pass on the item, and the auction house, when faced with the information, cancelled the transaction and supposedly sold the item to the underbidder. It's just how things work in this, and many other hobbies, honor doe$ rarely exist.

Must be more to the story for PSA to shell out that kind of dough!

[Exhibitman]

Looks like the OP is showing a so-called auction LOA. Those GDMF pieces of garbage are not worth the paper they are written on. All they are is a TPA marketing tool. Says right on them that it isn't definitive and they may not even have looked at the item. I bought a signed card with a JSA auction LOA. JSA refused to honor it because it expired. I said fine, lets do a full LOA anyway. They rejected the card. Cost me eighty bucks. My own research indicated that the signature was good. Another TPA agreed and slabbed it.

[Leon]

Hey Adam,
My opinion is the signature is good too. You can send me 80 bucks please . With all of these conversations it's interesting that there are so many dollars flying into the autograph arena. It almost seems like it's gambling. And I thought the grading of cards was bad....

Originally Posted by Exhibitman

Looks like the OP is showing a so-called auction LOA. Those GDMF pieces of garbage are not worth the paper they are written on. All they are is a TPA marketing tool. Says right on them that it isn't definitive and they may not even have looked at the item. I bought a signed card with a JSA auction LOA. JSA refused to honor it because it expired. I said fine, lets do a full LOA anyway. They rejected the card. Cost me eighty bucks. My own research indicated that the signature was good. Another TPA agreed and slabbed it.

[sicollector1954]

Hey Brooklyn…that HOF "Goose" front signed was never slabbed the first time. It was just submitted to auction along with others in a complete collection at the time. PSA did not have the COA when it was presented to them….they only had the card. The owner still had the COA. They ended up paying to get the certificate into their hands for their mistake which was mutually agreed upon. The HOF plaque was then taken to JSA who honored it again as genuine the same way they did when they worked for PSA. The card was then apparently slabbed (was a new thing) and sold by a major auction house and the money was used to help put a daughter through college. There were several conference calls involved with Mr. O about this issue/problem and a lot of strong pressure put on the owner of the card by PSA to return the certificate to them so they could "perhaps destroy" it but in the end, they had to pay for their mistake. At one point nearing the conclusion of this mess, they changed their minds about payment (top two people) after it was mutually agreed to with an additional phone call only to find out that a written copy of the agreement signed by another PSA employee to pay for this mistake existed and then they ultimately changed their minds in a hurry and payment was sent. A lot of stress and sleepless nights to be sure. So there is in fact a previous similar situation that has taken place involving JSA but from the other end of the spectrum.

[RichardSimon]

Originally Posted by Leon

Hey Adam,
My opinion is the signature is good too. You can send me 80 bucks please . With all of these conversations it's interesting that there are so many dollars flying into the autograph arena. It almost seems like it's gambling. And I thought the grading of cards was bad....

Uh, oh,, Leon is authenticating autographs now .