Memory Lane sold cards they didn't have per SCD

Yoda · #1 05-11-2024, 01:55 PM

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 · #2 05-11-2024, 03:32 PM

Quote:

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 · #3 05-11-2024, 04:25 PM

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

ThomasL · #4 05-11-2024, 04:34 PM

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 · #5 05-11-2024, 05:26 PM

Quote:

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 · #6 05-11-2024, 05:47 PM

Quote:

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 · #7 05-11-2024, 06:21 PM

Quote:

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 · #8 05-11-2024, 08:18 PM

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 · #9 05-11-2024, 08:19 PM

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

Carter08 · #10 05-11-2024, 09:25 PM

Can�t imagine what a consignor would say if they were able to give their honest opinion. Instead, there is the hope of being made whole and the fear of retribution if they express otherwise. Snowman experienced a version of that. Good luck to those affected but my fear would be that the AH will turn self interested.

Aquarian Sports Cards · #11 05-12-2024, 07:31 AM

Quote:

Originally Posted by Carter08

Can’t imagine what a consignor would say if they were able to give their honest opinion. Instead, there is the hope of being made whole and the fear of retribution if they express otherwise. Snowman experienced a version of that. Good luck to those affected but my fear would be that the AH will turn self interested.

Pretty sure Ryan isn't afraid to share his real thoughts. If Memory Lane wanted to mess with him I think they would regret it. That being said, I don't doubt that all consignors are going to be made whole even if they but ML on blast.

Eric72 · #12 05-11-2024, 09:26 PM

Quote:

Originally Posted by BigfootIsReal

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

Why?

It's a generally positive thing to exchange ideas and opinions regarding topics such as this.

You can choose to not continue reading the thread.

Lorewalker · #13 05-11-2024, 09:42 PM

Quote:

Originally Posted by Eric72

Why?

It's a generally positive thing to exchange ideas and opinions regarding topics such as this.

You can choose to not continue reading the thread.

That's no fun and makes WAY too much sense. He is the type who apparently prefers to complain and then expose himself to the very thing he does not like.

parkplace33 · #14 05-12-2024, 07:28 AM

Quote:

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.

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Memory Lane	calvindog	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	5	08-13-2017 01:01 AM
Memory Lane - Uncut W516 Strip Cards	T206Collector	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	0	12-20-2011 03:20 PM
Memory Lane	YankeeCollector	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	12	08-22-2011 03:28 PM
You would think...(Memory Lane)	mintacular	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	12	03-01-2011 12:15 PM
Memory Lane Selling Mint graded cards??	Archive	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	7	11-08-2007 04:50 PM