Outed cards, now including a 130K gain on an Aaron rookie

[Johnny630]

That card was a ugly PSA 8 the first time.
For this card to be trimmed this badly and to get a 9 with SGC that looks bad.....real bad.
Would like to know two things;
Whom submitted the card for grading to SGC?
Will SGC honor their guarantee, buy the card back reholder it properly in a A.

[ullmandds]

that doctor sure "centered" that gehrig right up!!!

[perezfan]

Originally Posted by Johnny630

That card was a ugly PSA 8 the first time.
For this card to be trimmed this badly and to get a 9 with SGC that looks bad.....real bad.
Would like to know two things;
Whom submitted the card for grading to SGC?
Will SGC honor their guarantee, buy the card back reholder it properly in a A.

Restitution for that Gehrig Card alone might bankrupt SGC. I wonder what (if anything) they’ll do if legal recourse is pursued? And who makes this enormous claim? The consignor? The “winning” bidder? Heritage? The person who sold it to the consignor?

What a mess. Just once it would be nice to hear from a major auction house, with specific action that was actually taken to resolve one of these issues. The silence is becoming deafening, and is sucking the trust right out of the hobby.

[Johnny630]

Originally Posted by perezfan

Restitution for that Gehrig Card alone might bankrupt SGC. I wonder what (if anything) they’ll do if legal recourse is pursued? And who makes this enormous claim? The consignor? The “winning” bidder? Heritage? The person who sold it to the consignor?

What a mess. Just once it would be nice to hear from a major auction house, with specific action that was actually taken to resolve one of these issues. The silence is becoming deafening, and is sucking the trust right out of the hobby.

Agree....
Who sent the card in for grading and who consigned the card ? If someone knowingly alters a card in bad faith to defraud the TPG breaking their good faith clause wouldn’t said grader have civil monetary restitution suit against submitter ? Or is that all BS too ?
Finger pointing and coverup to follow. Or even worse the owner loves the card no issues...guess that’s
The same as cover up.
So many theories all very interesting and extremely saddening.

[Peter_Spaeth]

Two days until the next CLCT earnings release and conference call. No doubt there will be some very tough analyst questions .... not. No doubt Joe will have a candid discussion of the scandal.... not.

https://finance.yahoo.com/news/colle...130005352.html

Meanwhile the stock is flirting with 30. Anyone want to short it? LOL.

[WhenItWasAHobby]

Originally Posted by Peter_Spaeth

Two days until the next CLCT earnings release and conference call. No doubt there will be some very tough analyst questions .... not. No doubt Joe will have a candid discussion of the scandal.... not.

https://finance.yahoo.com/news/colle...130005352.html

Meanwhile the stock is flirting with 30. Anyone want to short it? LOL.

Here's a short video from their public relations agent reassuring everyone all is well:

https://www.youtube.com/watch?v=zDAmPIq29ro

[ullmandds]

Originally Posted by WhenItWasAHobby

Here's a short video from their public relations agent reassuring everyone all is well:

https://www.youtube.com/watch?v=zDAmPIq29ro

haha...love it!!!!

[CuriousGeorge]

Peter, you should consider working on Wall Street with that precise call on the short. Down over $3 today. Any other winners you want to share with us?

Originally Posted by Peter_Spaeth

Two days until the next CLCT earnings release and conference call. No doubt there will be some very tough analyst questions .... not. No doubt Joe will have a candid discussion of the scandal.... not.

https://finance.yahoo.com/news/colle...130005352.html

Meanwhile the stock is flirting with 30. Anyone want to short it? LOL.

[Peter_Spaeth]

Hard to figure the drop in light of the report on the quarter which looked pretty good in a lot of metrics. Thinly traded I guess anything can happen.

[Johnny630]

Originally Posted by CuriousGeorge

Peter, you should consider working on Wall Street with that precise call on the short. Down over $3 today. Any other winners you want to share with us?

taking no questions from analyst on a conference call is a bad signal.It is a dead give away sell....they despise it

[Peter_Spaeth]

Originally Posted by Johnny630

taking no questions from analyst on a conference call is a bad signal.It is a dead give away sell....they despise it

Did they refuse to take questions? I thought there simply weren't any. I would be shocked if any public company refused to take questions.

[1952boyntoncollector]

Originally Posted by perezfan

Restitution for that Gehrig Card alone might bankrupt SGC. I wonder what (if anything) they’ll do if legal recourse is pursued? And who makes this enormous claim? The consignor? The “winning” bidder? Heritage? The person who sold it to the consignor?

What a mess. Just once it would be nice to hear from a major auction house, with specific action that was actually taken to resolve one of these issues. The silence is becoming deafening, and is sucking the trust right out of the hobby.

so the claims are either too small (under 10,000) according to 'Peter C' or they are too enormous...

[Johnny630]

Sadly the high end graded card market must crash first for any of this to positively recover and move in the proper direction. Right now it’s all a Fraud.
I’m not insane I’m just keeping it real to the bottom line.

[calvindog]

Originally Posted by 1952boyntoncollector

so the claims are either too small (under 10,000) according to 'Peter C' or they are too enormous...

And you’re still a bottom-feeding idiot both in the legal profession and the hobby. Actually the Gehrig card is being addressed. But you don’t know how because, well, you don’t matter.

[Peter_Spaeth]

I am glad to hear something is being done about the Gehrig. Slabbing the mini-Goudey was not S_C's finest hour.

[calvindog]

And the Hull as well.

[Goudey77]

Does anyone know if action is being taken to only address trimmed cards?
How about cards that were cleaned, soaked or whatever method that does not leave evidence? I believe these are flying under the radar by the mass. Betting #’s on par with trim jobs.

[swarmee]

Originally Posted by calvindog

Actually the Gehrig card is being addressed... And the Hull is as well.

Can you explain what you mean by "addressed"? I'm inferring refunded and then provided to the FBI and/or reholdered as AUTH, but it could mean something else.

[Johnny630]

I’m not convinced, the 34 Gehrig in the PSA 8 holder is the same card as the SGC 9 Gehrig, I believe it is NOT THE SAME CARD.

Look Close the right border on the PSA 8 shown, it’s substantially narrower on the PSA Card then the SGC Card in a 9 holder.

[Goudey77]

As I read this thread it appears all the examples are from AH sales.
What about the scenarios in private deals?
What if a buyer ends up with that Gehrig or Hull in a private sale? What recourse is there?

Pretty soon many of these examples will have traded hands multiple times before being identified. Who is liable at that point?

[1952boyntoncollector]

Originally Posted by Johnny630

I’m not convinced, the 34 Gehrig in the PSA 8 holder is the same card as the SGC 9 Gehrig, I believe it is NOT THE SAME CARD.

Look Close the right border on the PSA 8 shown, it’s substantially narrower on the PSA Card then the SGC Card in a 9 holder.

Dont worry its being 'addressed' Saying its not the same card or the same card when its about a 40k or whatever purchase is no big deal. They will work it out.

[steve B]

Originally Posted by Johnny630

I’m not convinced, the 34 Gehrig in the PSA 8 holder is the same card as the SGC 9 Gehrig, I believe it is NOT THE SAME CARD.

Look Close the right border on the PSA 8 shown, it’s substantially narrower on the PSA Card then the SGC Card in a 9 holder.

Measuring with the cursor, it's the same. And the 11 marks/flaws are like a fingerprint.

[1952boyntoncollector]

Originally Posted by calvindog

And you’re still a bottom-feeding idiot both in the legal profession and the hobby. Actually the Gehrig card is being addressed. But you don’t know how because, well, you don’t matter.

Another bully comment, nice one Peter C.

Glad to see now they you are volunteering previously unknown information to the board as being 'addressed' I am sure you will advise exactly how it was addressed as that would be the point of it. Everything in life is being 'addressed'.

Anyway, if it can be addressed where everybody is happy and no lawsuit needs to be filed then that would be the best option..

[steve B]

Originally Posted by calvindog

And you’re still a bottom-feeding idiot both in the legal profession and the hobby. Actually the Gehrig card is being addressed. But you don’t know how because, well, you don’t matter.

As an actual bottom feeder in the hobby.... I'm slightly offended.

Now where did my monster box of 88 score get to?

[1952boyntoncollector]

Originally Posted by calvindog

And you’re still a bottom-feeding idiot both in the legal profession and the hobby. Actually the Gehrig card is being addressed. But you don’t know how because, well, you don’t matter.

So was that Gehrig card 'addressed' or is this info you cant share.... .......you made a a big point that this altered gehrig card was 'being addressed' was it?

You will probably start with an insult but it was you that volunteered the card with 'being addressed' I am only asking you something in which you volunteered information and asking for a follow up, not sure what is wrong with that...