Ebay seller returned cracked out slab

[Peter_Spaeth]

Originally Posted by GasHouseGang

This guy was basically buying a lottery ticket hoping it would pay off. He paid what a PSA 5 of that card would normally cost, and hoped to get it into a PSA 7 holder making a quick three grand. When that didn't happen he wanted his money back. Sorry, but the gamble didn't pay off. Except in this case the loser is the guy that sold him the ticket!

The altered ticket.

[mq711]

Sounds like the majority in this discussion believe if an altered card can fool a TPG and receive a number then anyone who buys it is stuck without recourse. I would have hoped everyone would support the buyer's right to have a refund should an "outed" card be identified and returned.

[Mark17]

Originally Posted by mq711

Sounds like the majority in this discussion believe if an altered card can fool a TPG and receive a number then anyone who buys it is stuck without recourse. I would have hoped everyone would support the buyer's right to have a refund should an "outed" card be identified and returned.

Oh, they do, if it's an unpopular seller.

[JollyElm]

I don't know the OP and have had no interaction with him that I am aware of, but come on!! The guy in question buys the card (obviously looking to flip it for a big profit) and fails in his come to God, crack-out moment and the OP is supposed to be responsible for the return?? The card isn't in the same state it was in when it was sold. Plus, everyone knows GAI isn't a very (if at all) viable grading company. The fact it's in that holder to begin with tells most of us all we need to know.

If I was the potential buyer, I would've asked the seller two things:
1. Why isn't the card in a PSA/SGC/BVG holder?
2. If I crack it out and it's found to be fake or altered, will you offer me a return?

The actual buyer, as far as we know, didn't hedge his bets at all. He probably just saw dollar signs and went for it, knowing he was able to do so because of ebay's SOP.

[Mark17]

Originally Posted by JollyElm

Plus, everyone knows GAI isn't a very (if at all) viable grading company.

So why is it supposedly such a huge loss to the seller, that his card is no longer in that GAI holder?

[JollyElm]

Originally Posted by Mark17

So why is it supposedly such a huge loss to the seller, that his card is no longer in that GAI holder?

Because it was sold IN the holder. Now it's OUT of said holder. People can disagree about GAI all they want, but it's beside the point. The card status has changed between the sale and the return.

[Peter_Spaeth]

Originally Posted by Mark17

So why is it supposedly such a huge loss to the seller, that his card is no longer in that GAI holder?

This is what I don't understand. If the holder is essentially worthless, because nobody values a GAI grade, why is no longer having the card in the worthless holder a great loss? It makes no logical sense.

[Marchillo]

Card is in an old PSA 7 slab but seller knows it’s over graded. Buyer cracks and submits to SGC and it comes back a 5. Is that worthy of a return? I still think if you crack it out you own it unless it comes to light that the seller altered the card or purposely enhanced the card.

In the PWCC example didn’t they accept consignments from known fraudsters and card doctors? To me this is apples and oranges.

[Mark17]

Originally Posted by Peter_Spaeth

This is what I don't understand. If the holder is essentially worthless, because nobody values a GAI grade, why is no longer having the card in the worthless holder a great loss? It makes no logical sense.

The only value that GAI holder had was the misinformation on it, which could've been used to foist a doctored card onto the next unsuspecting buyer.

[perezfan]

Originally Posted by mq711

Sounds like the majority in this discussion believe if an altered card can fool a TPG and receive a number then anyone who buys it is stuck without recourse. I would have hoped everyone would support the buyer's right to have a refund should an "outed" card be identified and returned.

How do you know it's altered? Because PSA says so? Yeah, they're pretty good at determining that.

[Marchillo]

Originally Posted by perezfan

How do you know it's altered? Because PSA says so? Yeah, they're pretty good at determining that.

Plus this point as well - with the 100’s of high end cards coming up altered from PSA what makes them the end all be all authority on altered cards?

Originally Posted by Peter_Spaeth

The altered ticket.

No, the GAI 7 as advertised