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  #1  
Old 05-07-2024, 08:00 PM
parkplace33 parkplace33 is offline
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One point that hasn’t been brought up yet. The winners of the stolen cards got screwed. But I would also say that ML consignors of the non stolen cards also may have been screwed at well. What if a bidder wanted to go for two cards, one non stolen and one stolen, and picked to go hard after the stolen card.

I am sure some consignors in ML are none too pleased to read this news story.
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  #2  
Old 05-07-2024, 08:08 PM
Aquarian Sports Cards Aquarian Sports Cards is offline
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Originally Posted by parkplace33 View Post
One point that hasn’t been brought up yet. The winners of the stolen cards got screwed. But I would also say that ML consignors of the non stolen cards also may have been screwed at well. What if a bidder wanted to go for two cards, one non stolen and one stolen, and picked to go hard after the stolen card.

I am sure some consignors in ML are none too pleased to read this news story.
If ML had pulled these high visibility items from the auction, as at least a few here feel they should've, do you think that would've been a positive or a negative for the remaining auction items.

I know what I think.
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  #3  
Old 05-07-2024, 08:15 PM
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Originally Posted by Aquarian Sports Cards View Post
If ML had pulled these high visibility items from the auction, as at least a few here feel they should've, do you think that would've been a positive or a negative for the remaining auction items.

I know what I think.
As I said before, clearly it would have been a gut punch and bad news for consignors. Oh, sorry, our top 50 cards aren't here after all. I imagine the hits on the site would have nosedived.
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  #4  
Old 05-10-2024, 05:37 PM
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Originally Posted by parkplace33 View Post
One point that hasn’t been brought up yet. The winners of the stolen cards got screwed. But I would also say that ML consignors of the non stolen cards also may have been screwed at well. What if a bidder wanted to go for two cards, one non stolen and one stolen, and picked to go hard after the stolen card.

I am sure some consignors in ML are none too pleased to read this news story.
Surprised this comment was overlooked with no responses. I thought it was one of the most interesting comments in this whole debacle. For those of you who agree that it was okay to continue auctions on the stolen cards, do you also agree that it may have been to the detriment of other consignors as illustrated in the highlighted section above?

If your consignment could have netted an extra 5-10k+ had a bidder concentrated on your lot instead of chasing a stolen lot, would you have been happy?

M.ike P.ugeda
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  #5  
Old 05-10-2024, 06:00 PM
ThomasL ThomasL is offline
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Why haven't they released a list of the stolen items yet...or have I missed that? I think it would help for people to keep an eye out for them.

Also I didnt infer anything in my prior post except that I felt it was a target theft and law enforcement might have let it run to help aid them in eliminating or possibly incriminating possible suspects...that would include a long list of people...I am sorry if someone read into that incorrectly
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  #6  
Old 05-12-2024, 07:30 AM
parkplace33 parkplace33 is offline
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Why haven't they released a list of the stolen items yet...or have I missed that? I think it would help for people to keep an eye out for them.

Also I didnt infer anything in my prior post except that I felt it was a target theft and law enforcement might have let it run to help aid them in eliminating or possibly incriminating possible suspects...that would include a long list of people...I am sorry if someone read into that incorrectly
I doubt we get any additional information on this unless the cards are recovered.
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  #7  
Old 05-10-2024, 07:03 PM
Aquarian Sports Cards Aquarian Sports Cards is offline
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Originally Posted by docpatlv View Post
Surprised this comment was overlooked with no responses. I thought it was one of the most interesting comments in this whole debacle. For those of you who agree that it was okay to continue auctions on the stolen cards, do you also agree that it may have been to the detriment of other consignors as illustrated in the highlighted section above?

If your consignment could have netted an extra 5-10k+ had a bidder concentrated on your lot instead of chasing a stolen lot, would you have been happy?

M.ike P.ugeda
I think a much bigger detriment would've been the mysterious removal of $2m of the best cards. Can you imagine, as a bidder, continuing to bid in an auction where that happened?
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  #8  
Old 05-10-2024, 07:05 PM
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Originally Posted by Aquarian Sports Cards View Post
I think a much bigger detriment would've been the mysterious removal of $2m of the best cards. Can you imagine, as a bidder, continuing to bid in an auction where that happened?
What about the damage to consignors from potentially have to dispute valuations on many of the scarcer items? All that avoided.
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Stuff trumps all.
The flip is the commoodity.
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  #9  
Old 05-10-2024, 07:55 PM
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Originally Posted by Peter_Spaeth View Post
What about the damage to consignors from potentially have to dispute valuations on many of the scarcer items? All that avoided.
What are your thoughts on other consignors who potentially lost $$$ on their consignments in the scenario highlighted in my previous post? Innocent bystanders?

M.ike P.ugeda
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  #10  
Old 05-10-2024, 08:00 PM
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Originally Posted by docpatlv View Post
What are your thoughts on other consignors who potentially lost $$$ on their consignments in the scenario highlighted in my previous post? Innocent bystanders?

M.ike P.ugeda
If that happened, obviously it's unfortunate. No winning options here for ML.
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Stuff trumps all.
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Animal Farm grading.
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  #11  
Old 05-10-2024, 08:31 PM
Aquarian Sports Cards Aquarian Sports Cards is offline
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Originally Posted by Peter_Spaeth View Post
What about the damage to consignors from potentially have to dispute valuations on many of the scarcer items? All that avoided.
I was responding to the idea of consignors who weren't directly affected by the theft being negatively impacted by the continuation of the auction of the items that were stolen.

I really think there were only two options. Cancel the auction entirely, or let it run like they did. Any half measure would've been an abject disaster.
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  #12  
Old 05-10-2024, 08:45 PM
Republicaninmass Republicaninmass is offline
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Best part is......99% of these posters haven't sniffed 2 million bucks worth of cards, let alone would they know what do if they were stolen.

Supreme Court of baseball card message boards
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  #13  
Old 05-10-2024, 08:51 PM
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Best part is......99% of these posters haven't sniffed 2 million bucks worth of cards, let alone would they know what do if they were stolen.

Supreme Court of baseball card message boards
I haven't committed murder either, but I know it's wrong.
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  #14  
Old 05-11-2024, 07:18 AM
gunboat82 gunboat82 is offline
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Originally Posted by Republicaninmass View Post
Best part is......99% of these posters haven't sniffed 2 million bucks worth of cards, let alone would they know what do if they were stolen.

Supreme Court of baseball card message boards
Stupid plebes. Don't they realize that the value of their Internet opinions is directly proportional to their net worth?
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  #15  
Old 05-11-2024, 05:02 PM
G1911 G1911 is offline
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Originally Posted by Republicaninmass View Post
Best part is......99% of these posters haven't sniffed 2 million bucks worth of cards, let alone would they know what do if they were stolen.

Supreme Court of baseball card message boards
Yes I cannot believe people who are not multi-millionaires also have opinions and some of those filthy poor people are against hosting fraudulent auctions. The audacity of those disgusting poors! Of course I concur that only the top .5% or so should ever have an opinion permissible to be expressed in a public place. Hopefully nobody richer than you comes along to disagree.
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  #16  
Old 05-11-2024, 12:12 PM
Fuddjcal Fuddjcal is offline
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Originally Posted by Aquarian Sports Cards View Post
I think a much bigger detriment would've been the mysterious removal of $2m of the best cards. Can you imagine, as a bidder, continuing to bid in an auction where that happened?
I wouldn't have been stuck with 3 non-stolen high dollar cards, that's for sure.
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  #17  
Old 05-11-2024, 01:44 PM
mannequin1 mannequin1 is offline
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Originally Posted by Republicaninmass View Post
Best part is......99% of these posters haven't sniffed 2 million bucks worth of cards, let alone would they know what do if they were stolen.

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Originally Posted by Fuddjcal View Post
I wouldn't have been stuck with 3 non-stolen high dollar cards, that's for sure.
How were you stuck with 3 cards?
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  #18  
Old 05-11-2024, 01:55 PM
Yoda Yoda is offline
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Isn't it about time ML issued some kind of public statement about the theft and ongoing investigations. The public has a right to know, especially Net54.
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  #19  
Old 05-11-2024, 03:32 PM
Johnny630 Johnny630 is offline
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Isn't it about time ML issued some kind of public statement about the theft and ongoing investigations. The public has a right to know, especially Net54.
What for? This will have no impact on their business. The collecting community as a whole along with the bidders and consigners, don’t care they’re going to continue to do business with them. Most are cool with them continuing the auction of the lots that were stolen even after they no longer had possession of them to get a comp for insurance purposes. This will all blow over like all the other scandals have over the years.
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  #20  
Old 05-11-2024, 09:57 PM
Fuddjcal Fuddjcal is offline
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How were you stuck with 3 cards?
They were not stolen
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  #21  
Old 05-11-2024, 02:40 PM
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I wouldn't have been stuck with 3 non-stolen high dollar cards, that's for sure.
I want to hear this.
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  #22  
Old 05-11-2024, 10:04 PM
Fuddjcal Fuddjcal is offline
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I want to hear this.
Had I known about the theft & not having a clue which cards were stolen, I would not have made 1 bid on anything. Therefore, I would not have won a thing. Kind of like Logic 101
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  #23  
Old 05-12-2024, 07:12 AM
jayshum jayshum is offline
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Originally Posted by Fuddjcal View Post
Had I known about the theft & not having a clue which cards were stolen, I would not have made 1 bid on anything. Therefore, I would not have won a thing. Kind of like Logic 101
Presumably you bid on cards you were hoping to win so I don't understand why you're not happy you actually won them. I am sure the people who bid on cards that were stolen aren't happy they won't be receiving the cards they though they had won.
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  #24  
Old 05-11-2024, 02:09 AM
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Originally Posted by docpatlv View Post
Surprised this comment was overlooked with no responses. I thought it was one of the most interesting comments in this whole debacle. For those of you who agree that it was okay to continue auctions on the stolen cards, do you also agree that it may have been to the detriment of other consignors as illustrated in the highlighted section above?

If your consignment could have netted an extra 5-10k+ had a bidder concentrated on your lot instead of chasing a stolen lot, would you have been happy?

M.ike P.ugeda

Gabrinus touched upon this in post #37, and I picked up upon his thoughts in post #51. Here is what I wrote almost 500 posts ago:


Originally Posted by gabrinus View Post
Holy shit that sucks...I understand the insurance angle but that money could have gone to other cards in the auction...Jerry


Definitely a great point...not only did this hurt the winning bidders of the missing cards, some of whom perhaps would have shifted their bidding money to other non-stolen lots, but the consigners of some non-stolen cards in the auction perhaps could have had the action on their lots potentially minimized because of the decision to keep the stolen auction lots open.

Condolences to all involved, and just a sucky situation all around that, with some common sense precautions, probably could have been avoided in the first place.


brianp(arker)-beme (quoting brianp(arker)-beme) - man, this thread has a lot of words!
Last edited by brianp-beme; 05-11-2024 at 02:10 AM.
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