FS: 1948 Leaf Jackie Robinson PSA 4.5

[ajjohnsonsoxfan]

Originally Posted by jp1216

So if someone on Net54 had replied "I'll take it at 55k" - what would you have done?

I think I've already explained. Read thread from beginning (or just post #98)

[jp1216]

Originally Posted by ajjohnsonsoxfan

I think I've already explained. Read thread from beginning (or just post #98)

Neither explains a "I'll take it at 55k on Net54" offer.

So if someone on Net54 had replied and agreed to the 55k offer - what would have happened....?

[ajjohnsonsoxfan]

Hey Hey quick update! Just came in from Steve Sloan. Will update the thread with progress

[earlywynnfan]

Originally Posted by jp1216

Neither explains a "I'll take it at 55k on Net54" offer.

So if someone on Net54 had replied and agreed to the 55k offer - what would have happened....?

No dog in the fight, but as he already turned down offers of 40K and 45K, I'm feeling comfortable saying he'd turn down 55K. Just my opinion.

[ajjohnsonsoxfan]

Things moving now. Just got off phone with Jackie Curiel at PSA after getting an email from her. She has issued a pre-paid Fedex label to send the card in for a management review.

We talked about the process and what happens if they deem the card altered and my options after. She said they would figure out a fair market price based on the data tool on the PSA website.

I asked for management to come up with a market price in writing so we're on the same page before I send in the card. This is where my ebay offers and third party offers come into play. She's going to get that figure and circle back with me on Monday. No way I'm sending this card in before fair value is established. stay tuned...

edited to add: Has anyone gone through this process? What should I be thinking about?

[x2drich2000]

No dog in the fight, but whenever I see language like this in a guarantee I think you are 100% correct to get the amount in writing ahead of time. "The current market value is determined by PSA, based in part on Sports Market Report and SMR Online values and/or recent prices realized from the marketplace. PSA will be the sole determiner of the current market value." [emphasis added https://www.psacard.com/about/financialguarantee] If you don't agree with their determination of value, not sure what your options would be though.

[Johnny630]

Side Note is there paper lose on top left of his hat?? Yellow Chunk?

That bugs the crap out of me, aside from being trimmed what is that? Curious what that is?

[ajjohnsonsoxfan]

back and forth with Jackie at PSA over email. They are refusing to negotiate a market price before I send in the card. Reached out again directly to Steve to see if I can resolve. more to come...

[AGuinness]

Originally Posted by ajjohnsonsoxfan

Things moving now. Just got off phone with Jackie Curiel at PSA after getting an email from her. She has issued a pre-paid Fedex label to send the card in for a management review.

We talked about the process and what happens if they deem the card altered and my options after. She said they would figure out a fair market price based on the data tool on the PSA website.

I asked for management to come up with a market price in writing so we're on the same page before I send in the card. This is where my ebay offers and third party offers come into play. She's going to get that figure and circle back with me on Monday. No way I'm sending this card in before fair value is established. stay tuned...

edited to add: Has anyone gone through this process? What should I be thinking about?

I think getting a number in writing before shipping it off makes sense. As we saw in the reprint CJ in a PSA slab earlier this year, once you ship it off you no longer have much or any control of the situation and it's best to do the negotiations beforehand (and in writing).
And not that this would necessarily impact your decision process, but I do wonder what they would do with the card if returned to them and a refund is issued...

[ngrow9]

Originally Posted by earlywynnfan

No dog in the fight, but as he already turned down offers of 40K and 45K, I'm feeling comfortable saying he'd turn down 55K. Just my opinion.

The difference is that by offering the card at $55K, he's created a legally binding offer which, if accepted, would create a legally binding contract. It would have been a better look to just post it asking for offers in this case, IMHO.

[Leon]

Originally Posted by ngrow9

The difference is that by offering the card at $55K, he's created a legally binding offer which, if accepted, would create a legally binding contract. It would have been a better look to just post it asking for offers in this case, IMHO.

But if he is transparent about it then no one is going to pay 4.5 market for a trimmed card. And if he isn't then that isn't a good look either. (as we have seen). I would never give any TPG the card without a negotiated price up front. Once they have it, as stated, there is no control. Hold your hand tightly imo....

.

[chadeast]

Originally Posted by Leon

But if he is transparent about it then no one is going to pay 4.5 market for a trimmed card. And if he isn't then that isn't a good look either. (as we have seen). I would never give any TPG the card without a negotiated price up front. Once they have it, as stated, there is no control. Hold your hand tightly imo....

.

I just want to echo Leon's sentiment. If PSA has the card with no deal in place, you'll very likely not be happy with the results. If it was me, even if a price was agreed upon, I would insist upon a legally binding contract to ensure that the terms of the deal were met by all parties.

[Johnny630]

Cutting you a check plus returning the card to you in an Authentic Altered Slab seems like the easy thing to do.

I think they will.

Are you ready to battle it out with attorney ? Or just Take what they offer you?

[Lorewalker]

Originally Posted by Leon

But if he is transparent about it then no one is going to pay 4.5 market for a trimmed card. And if he isn't then that isn't a good look either. (as we have seen). I would never give any TPG the card without a negotiated price up front. Once they have it, as stated, there is no control. Hold your hand tightly imo....

.

Sad as it is, PSA is completely in the driver's seat here. We all seem to have to play by their rules. Maintaining possession of the card only puts you in possession of the card but not control of the disposition.

PSA could determine without having the card that it might be altered and if AJ refuses to send it in because he cannot get them to commit to it being trimmed or a buy back price, PSA will deactivate the cert pending a review of the card.

AJ has already said he would not sell the card to anyone given the card's history but having a card with a deactivated cert would certainly add another layer of complexity to the situation.

[Peter_Spaeth]

It's not objectively unreasonable for PSA to want the card back in its possession before making a determination. You're going to lose that one. IMO you're already in not so great a position on account of waiting months after the card was outed and you knew it before taking action. What leverage do you think holding onto the card gives you anyhow if you aren't going to sell it under any circumstances because it's hacked, I am not seeing it.

[ajjohnsonsoxfan]

Originally Posted by Lorewalker

Sad as it is, PSA is completely in the driver's seat here. We all seem to have to play by their rules. Maintaining possession of the card only puts you in possession of the card but not control of the disposition.

PSA could determine without having the card that it might be altered and if AJ refuses to send it in because he cannot get them to commit to it being trimmed or a buy back price, PSA will deactivate the cert pending a review of the card.

AJ has already said he would not sell the card to anyone given the card's history but having a card with a deactivated cert would certainly add another layer of complexity to the situation.

I could be wrong, but I don't thing PSA will deactivate the cert without first reviewing the card in hand. I've emailed them all the info from the blowout thread including the pics and evidence and they've said they need the card in hand to do a review and that pics and scans aren't enough proof.

I'm holding out hope that my email to Steve will allow us a dialogue to put a fair market price on the card that gives me confidence to send it in. I really don't want to get lawyers involved at this point and think we can work it out before it gets to that point.

If I don't hear from Steve, I'll reach out to Nat and see if that gets me further. I'm assuming Nat (and Steve for that matter) will want to resolve fairly and amicably. All I know is the longer they wait, the potentially more expensive it gets. A PSA 7 just sold last night for $400,000+