Massive theft at Dallas card show, Nearly 2 Million Dollars worth of cards stolen

Exhibitman · #1 07-21-2024, 03:12 PM

It's called "gallows humor", Peter. You might not like it but others apparently do.

So...is the dead horse Bulgarian.

Yoda · #2 07-21-2024, 05:16 PM

I am the one that first referenced the Bulgarians. I kinda pulled it out of the air to support an earlier post that the stolen cards could very well be out of the country. There is a card connection to Bulgaria and the country is known for its organized crime. In no way was I trying to make light of Ash's misfortune, which grows more worrisome daily with no arrests and little information from the authorities. When I was a retail dealer, I had valuable inventory stolen and it is a punch to the gut like a left hook from Joe Fraser. The Bulgarian thread took on a life its own, and if it caused offense, I apologize.

Republicaninmass · #3 07-21-2024, 07:21 PM

Hmmmm, does Insurance cover consignments if not specified?

Yikes

Peter_Spaeth · #4 07-21-2024, 09:34 PM

Quote:

Originally Posted by Republicaninmass

Hmmmm, does Insurance cover consignments if not specified?

Yikes

I would sure hope it's in his policy. It may be standard?

Aquarian Sports Cards · #5 07-21-2024, 09:48 PM

If he had consignments he needs contracts for insurance purposes. At least that's how our policy works.

etsmith · #6 07-22-2024, 02:30 AM

Usually a heist like this is done by people who already have a buyer or buyers for the merchandise. Also it's completely possible if it gets too hot that they can try to sell it back to the insurance company.

jayshum · #7 07-22-2024, 06:16 AM

Quote:

Originally Posted by etsmith

Usually a heist like this is done by people who already have a buyer or buyers for the merchandise. Also it's completely possible if it gets too hot that they can try to sell it back to the insurance company.

I give up. What does this mean?

Republicaninmass · #8 07-22-2024, 07:45 AM

Quote:

Originally Posted by Aquarian Sports Cards

If he had consignments he needs contracts for insurance purposes. At least that's how our policy works.

Thanks Scott, I'd assume with people.mailing stuff out contracts are written for auctions. But someone just saying "try to sell my cards at the shows" may not be as detailed. Then you have to deal with insurance saying the contracts were not signed contemporaneously with the acceptance of the consignments. Absolutely brutal

Yoda · #9 07-22-2024, 03:31 PM

Ash, may well have, and I certainly hope he does, something called a Bailee's Liability policy which insures the property while he is in possession of any consignor's property. Or the consignor could have a property policy which covers these crown jewels when they are off the property and in possession/control of another party.
As the days pass and there is no word from the authorities, my dread grows.

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