Legendary Auctions May Auction

[calvindog]

Not to shill for SGC because I was a collector years before I met Dave Forman, but it is a bit unnerving to see so many 19th century cards in PSA holders. Most of my postwar cards are encased in PSA slabs, but for the prewar stuff I always feel very suspect when the card is not in an SGC holder.

[Peter_Spaeth]

Originally Posted by calvindog

Not to shill for SGC because I was a collector years before I met Dave Forman, but it is a bit unnerving to see so many 19th century cards in PSA holders. Most of my postwar cards are encased in PSA slabs, but for the prewar stuff I always feel very suspect when the card is not in an SGC holder.

The concerns run in the other direction too:
17A. Disclosure Notice: The following lots have been consigned to this auction from the personal collection of SGC principal David Forman: 48, 50, 51, 52, 53, 54, 56, 58, 59, 60, 61, 62, 63, 64, 65, 66, 67, 68, 69, 70, 71, 72, 74, 75, 76, 77, 78, 79, 80, 81, 82, 84, 85, 86, 87, 88, 89, 90, 91, 92, 93, 94, 123, 224, 459, 460, 462, 468, 542, 1507. Mr. Forman purchased the cards in these lots in the open market at public auction, already graded, and this is the case with all SGC-graded cards Mr. Forman is selling from his personal collection in this auction. This disclosure is being made at his insistence (and with our blessing) to avoid even the potential appearance of impropriety.

[Wesley]

Originally Posted by Peter_Spaeth

The concerns run in the other direction too:
17A. Disclosure Notice: The following lots have been consigned to this auction from the personal collection of SGC principal David Forman: 48, 50, 51, 52, 53, 54, 56, 58, 59, 60, 61, 62, 63, 64, 65, 66, 67, 68, 69, 70, 71, 72, 74, 75, 76, 77, 78, 79, 80, 81, 82, 84, 85, 86, 87, 88, 89, 90, 91, 92, 93, 94, 123, 224, 459, 460, 462, 468, 542, 1507. Mr. Forman purchased the cards in these lots in the open market at public auction, already graded, and this is the case with all SGC-graded cards Mr. Forman is selling from his personal collection in this auction. This disclosure is being made at his insistence (and with our blessing) to avoid even the potential appearance of impropriety.

That is an impressive collection. A large percentage of N172s, including the large lot with the 398 card OJ collection, were consigned by Dave. With close to five hundred N172s, Dave owned one of the larger Old Judge collections out there.

[calvindog]

Originally Posted by Peter_Spaeth

The concerns run in the other direction too:
17A. Disclosure Notice: The following lots have been consigned to this auction from the personal collection of SGC principal David Forman: 48, 50, 51, 52, 53, 54, 56, 58, 59, 60, 61, 62, 63, 64, 65, 66, 67, 68, 69, 70, 71, 72, 74, 75, 76, 77, 78, 79, 80, 81, 82, 84, 85, 86, 87, 88, 89, 90, 91, 92, 93, 94, 123, 224, 459, 460, 462, 468, 542, 1507. Mr. Forman purchased the cards in these lots in the open market at public auction, already graded, and this is the case with all SGC-graded cards Mr. Forman is selling from his personal collection in this auction. This disclosure is being made at his insistence (and with our blessing) to avoid even the potential appearance of impropriety.

Funny, Dave asked that his ownership of cards be noted; anyone want to bet if over the past few years all of Bill's and Doug's lots have been noted?

[Wesley]

Forman had some incredible cards. Aside from the large Old Judge collection, the SGC 80 M101-4 Jim Thorpe and the SGC 84 WWG Joe DiMaggio were also his.

[Wesley]

Originally Posted by calvindog

Funny, Dave asked that his ownership of cards be noted; anyone want to bet if over the past few years all of Bill's and Doug's lots have been noted?

Didn't Doug auction some his Cubs memorabilia and noted this in the catalog?

[calvindog]

Yes, Doug noted his ownership of that lot.

[Peter_Spaeth]

Originally Posted by calvindog

Funny, Dave asked that his ownership of cards be noted; anyone want to bet if over the past few years all of Bill's and Doug's lots have been noted?

If Joe Orlando consigned hundreds of thousands of dollars of PSA graded cards to an auction, there would be a sh*tstorm, not a yawn, I would guess.

The disclosure is great, and Rob handled it well, but as I have said before, in my personal opinion I don't think the owner of a grading card company should be buying and selling cards on a large scale. It is a conflict of interest, period.

[calvindog]

Peter, your opinion carries great weight so I'm certain divestiture is occurring as we speak.

Edited to add: I tried to add a big smiley green face but, alas, I could not find one.

[Peter_Spaeth]

Originally Posted by calvindog

Peter, your opinion carries great weight so I'm certain divestiture is occurring as we speak.

Jeff I am aware that no one gives a damn what I think. But I will say it anyway.

[Peter_Spaeth]

And in my opinion that no one gives a damn about, Dave should choose, does he want to own a grading company, or buy and sell cards. Not both.

[calvindog]

Peter, I give a damn. And just remember: you're good enough, you're smart enough, and gosh darn it people like you!