TPG responsibility + AH Responsibility

[conor912]

Originally Posted by Lordstan

I guess what I don't know is if their advertising stating that their opinions helps to improve prices and values of item could somehow make them have additional financial responsibility because they claim it does. Not sure.

So if a $100 ungraded item becomes a $1000 graded item, the value of the opinion is $900 which they should be on the hook for? Interesting thought.

[Lordstan]

Originally Posted by conor912

So if a $100 ungraded item becomes a $1000 graded item, the value of the opinion is $900 which they should be on the hook for? Interesting thought.

Yes. That is what i meant. As an additional point, one could look at their pricing policy being scaled based in the value of the autograoh and not the work/time needed to vette any aigular graph as further proof that they tie their opinion to the price of the auto. It seems to fit logically that they should then have more risk for higher priced autos/cards. If they are just providing an opinion, then each opinion should have the same value.
It makes me wonder how this has been handled in other collecting areas like the high end art market. Is Christie's held responsible for the authenticity if each piece or art it sells? Is the liability just for the sale price?

Interesting subject.

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