Ashamed - Topps T206 Buy Back Fraud

[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.