Memory Lane sold cards they didn't have per SCD

[Brian Van Horn]

I didn't see this yesterday, but this is one heck up of a wake up this morning.

[Brian Van Horn]

99.9% sure this isn't related, but given the name of the town in the title:

https://www.news5cleveland.com/news/...-district-says

[Carter08]

From the way they shipped such expensive cards to running a phantom auction on items that were stolen seems pretty crazy. If I were an insurance company I’m not sure I’d take the results of a dummy auction as setting a value. Seems too easy to manipulate.

[brunswickreeves]

This is devastating, but only a matter of time until investigators work their way to the culprit and the cards are recovered.

I wonder if parties involved are thinking….

[Johnny630]

The Con goes on and on…..

[parkplace33]

I’m sorry for Ryan and for the collectors who thought they won these cards, but I am flabbergasted that ML decided to still run the auction with these cards in it. It’s not a good look for the hobby at all. I expect to see changes in the future.

[Carter08]

Bad karma from the Goudey Gehrig situation?

[SyrNy1960]

Originally Posted by parkplace33

I’m sorry for Ryan and for the collectors who thought they won these cards, but I am flabbergasted that ML decided to still run the auction with these cards in it. It’s not a good look for the hobby at all. I expect to see changes in the future.

Truly sad this happened. The moment it was known the cards were stolen, the auctions should have ended, so bidders could have focused their money on other cards they may have been interested in. If and when the cards were recovered, the cards could have been listed in a future auction.

And the end of the day, this sucks for everyone involved.

[Leon]

Originally Posted by Johnny630

The Con goes on and on…..

What does that mean? There is no con. ML had to do what they had to do and no doubt they took advice from counsel as well as others. There is a possiblity of the cards being recovered. It sucks for everyone involved. Hopefully, the cards will eventually be returned. Most of our pre war cards are like fingerprints, so there is a possibilty......
.

[4815162342]

Originally Posted by Leon

What does that mean? There is no con. ML had to do what they had to do and no doubt they took advice from counsel as well as others. There is a possiblity of the cards being recovered. It sucks for everyone involved. Hopefully, the cards will eventually be returned. Most of our pre war cards are like fingerprints, so there is a possibilty......
.

+1

[Rhotchkiss]

Originally Posted by Leon

What does that mean? There is no con. ML had to do what they had to do and no doubt they took advice from counsel as well as others. There is a possiblity of the cards being recovered. It sucks for everyone involved. Hopefully, the cards will eventually be returned. Most of our pre war cards are like fingerprints, so there is a possibilty......
.

+2 (coming from the consignor with the most to lose and a bidder who won a very rare and expensive card that will almost certainly not come up again for sale for many years).

The people most impacted understand and are satisfied with how ML is handing it. The situation sucks and is unfortunate, but there is no perfect answer. That said, I am sure that ML proceeded on the advice of counsel, the insurance company, the cops, etc.