Memory Lane sold cards they didn't have per SCD

[Fuddjcal]

Originally Posted by Aquarian Sports Cards

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.

[mannequin1]

Originally Posted by Republicaninmass

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

Originally Posted by Fuddjcal

I wouldn't have been stuck with 3 non-stolen high dollar cards, that's for sure.

How were you stuck with 3 cards?

[Yoda]

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.

[Johnny630]

Originally Posted by Yoda

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.

[Peter_Spaeth]

I imagine they have communicated with all affected parties. So why do they need to make a public statement?

[ThomasL]

I would think law enforcement is who should make a statement...list the card stolen and seek the publics help in keeping an eye out for the cards since it apparently has not been solved

[mannequin1]

Originally Posted by Johnny630

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.

You're right, if there's great stuff to bid on, people will continue to bid, but will potential consignors feel comfortable consigning?

Ph.il Gr0dsky

[Lorewalker]

Originally Posted by Johnny630

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.

No doubt. I think I even posted that a few days ago. I doubt there will be a loss of business for the company.

What should stick is that now it behooves anyone who consigns to try to establish a value (for insurance purposes, not a guarantee of what the items will sell for) with the auction house prior to sending them your stuff. And an inquiry might be made to see if the items consigned will be away from the premises at any time and what that looks like.

[Johnny630]

Originally Posted by Lorewalker

No doubt. I think I even posted that a few days ago. I doubt there will be a loss of business for the company.

What should stick is that now it behooves anyone who consigns to try to establish a value (for insurance purposes, not a guarantee of what the items will sell for) with the auction house prior to sending them your stuff. And an inquiry might be made to see if the items consigned will be away from the premises at any time and what that looks like.

I hate that this is the way I said above but it’s 100% factual. People will continue Running cover and speaking nothing but positive about parts of the industry because they feel someday they are gonna need them…there is always a motive behind it. When it comes down to it people who say it’s about the cards they’re sadly wrong. It’s about the money and people's greedy tail, it’s always about the money and their selfish selves. The Almighty dollar is the most important thing. People are just afraid to talk because they think it’s gonna lower the price of their cards or they’re not gonna get treated fairly when they need to liquidate them through an auction house.

[LincolnVT]

Obviously a tough situation…I’m sure that the consigner of the “missing cards” would much rather see them paid for and owned by a collector / member of the hobby than disposed of. For all of us, I hope that they show up.

[BigfootIsReal]

For the love of God, someone please put this horse out of it's misery!!

[parkplace33]

Originally Posted by Johnny630

I hate that this is the way I said above but it’s 100% factual. People will continue Running cover and speaking nothing but positive about parts of the industry because they feel someday they are gonna need them…there is always a motive behind it. When it comes down to it people who say it’s about the cards they’re sadly wrong. It’s about the money and people's greedy tail, it’s always about the money and their selfish selves. The Almighty dollar is the most important thing. People are just afraid to talk because they think it’s gonna lower the price of their cards or they’re not gonna get treated fairly when they need to liquidate them through an auction house.

Sad but true. This will be but a distant memory in the future.

In the end, it is a sad story and I do hope these are recovered.

[Fuddjcal]

Originally Posted by mannequin1

How were you stuck with 3 cards?

They were not stolen

[notfast]

Originally Posted by Fuddjcal

I wouldn't have been stuck with 3 non-stolen high dollar cards, that's for sure.

I want to hear this.

[Fuddjcal]

Originally Posted by notfast

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

[jayshum]

Originally Posted by Fuddjcal

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.

[Fuddjcal]

Originally Posted by jayshum

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.

Thanks for the question. While I don't feel I owe you or others an explanation of my vague statements, out of respect for the people involved, my respect for NET54 and it's members I'll try.

I don't really like doing business with companies I don't like or trust. I do believe what ML did before and after the facts are not right. Others have a different opinion. That's OK. I actually have stood up against big companies in my life never to do business with them again. I have fired GM (1983-2021-I really wanted that Corvette, ) over a car that blew up after 15K miles (I paid less for that car than I did the 3-baseball cards), Costco and American Express to name just a few.

Currently, I have paid ML over 5K in commissions for goods I do not have. I don't like that I have to go pick up the cards that I'm "hoping" are there. I hope Santa Claus comes down the chimney Dec 25th too. I had 2 choices. Not pay them like a big fat loser and damage my reputation or Pay them and move on. I conduct ALL my business with Integrity, which is why I believe I have this type of $$$ to piss away on baseball cards in the first place. I paid them immediately.

I would not have bid at all on this auction had I known there were still many "unidentified" cards stolen from it so they could continue to run their sham of an auction. I don't really give a sh** the reasons. IMHO, it was not right or just. That's how I live my life. You or others are free to make your own decisions. I've made mine and I will stick to it. I did not appreciate how they handled the cards going into or out of Shitsville. Memory Lane is just that after my pick-up TUESDAY...a BAD MEMORY. I hope that helps?

[steve B]

A little thing one of you put together for me long ago. But I think it's appropriate to post it.

[bnorth]

Originally Posted by steve B

A little thing one of you put together for me long ago. But I think it's appropriate to post it.

It needs a guy with a stick hitting the horse.

[parkplace33]

This is another writeup about the theft:

https://www.wkyc.com/article/news/cr...a-965bf2018411

The only additional information I see is The collection of 54 missing cards includes rare Cracker Jack cards, along with high-quality Mickey Mantle and Roberto Clemente cards.

[Republicaninmass]

Originally Posted by jayshum

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.

Doesn't want to be part of the "billion dollar fraud"

[Fuddjcal]

Originally Posted by Republicaninmass

Doesn't want to be part of the "billion dollar fraud"

Exactly! At least you've come around Teddy to it ALL being a billion dollar fraud now

[Snapolit1]

I realize their hands are somewhat tied due to an ongoing LE investigation and insurance concerns, but I cannot belive they haven't issued a one page statement to the collecting world "DEAR OUR LOYAL CONSIGNORS, CUSTOMERS, AND OTHER LOYAL SUPPORTERS" and said . . . . well, . . . something. Even if we wish we could say more, but are really honest folks, have always appreciated your loyal patronage, thank you [nine different ways], and we will keep you informed as this plays out. That seems like basic public relations and crisis management 101. Saying nothing is not a smart move to limit reputational harm.