JSA Auction Letter Upgrade

[HRBAKER]

the auction lot letter is to help the house move the lot essentially but is worth less in the after auction market as far as selling individual pieces?

[Bilko G]

Originally Posted by HRBAKER

the auction lot letter is to help the house move the lot essentially but is worth less in the after auction market as far as selling individual pieces?

Basically yes. The "auction letter" basically just states that we believe that the items might be authentic but we would have to examine them further to be sure.

[HRBAKER]

Originally Posted by Bilko G

Basically yes. The "auction letter" basically just states that we believe that the items might be authentic but we would have to examine them further to be sure.

OK, so my next question is this hypothetically. Is it true then to say that each piece in a multi-piece lot has been "certified" as genuine by a third party authenticator? Or do most places say that in their descriptions?

[Bilko G]

Originally Posted by HRBAKER

OK, so my next question is this hypothetically. Is it true then to say that each piece in a multi-piece lot has been "certified" as genuine by a third party authenticator? Or do most places say that in their descriptions?

If a multi-lot auction has individual LOAs for each piece, they will definitely put that in their description. It would definitely benefit the auction houses final hammer price to list each LOA separate, if that is what they have.

[David Atkatz]

Originally Posted by Bilko G

Basically yes. The "auction letter" basically just states that we believe that the items might be authentic but we would have to examine them further to be sure.

Is that so? Do you know of a single instance where one of these "might be authentic" items was, upon certificate upgrade, found to be inauthentic?

[Ladder7]

It's a niche plan and not for all of us... Those with six months to live,


will benefit most.

[TATSR]

I bought a group of autographed cards a few years ago with a JSA lot letter. Three of the cards were particularly valuable and mentioned prominently in the auction description. I sent the three cards to PSA for authentication/slabbing and they came back questionable. Then I sent them to Beckett/JSA for authentication/slabbing and they also came back questionable. Terms of the settlement with the auction company are sealed.

TATSR

[vintagechris]

Originally Posted by TATSR

I bought a group of autographed cards a few years ago with a JSA lot letter. Three of the cards were particularly valuable and mentioned prominently in the auction description. I sent the three cards to PSA for authentication/slabbing and they came back questionable. Then I sent them to Beckett/JSA for authentication/slabbing and they also came back questionable. Terms of the settlement with the auction company are sealed.

TATSR

I had a similar experience with a PSA/DNA group letter. Except I didn't send the cards in to get authenticated. I knew by looking at them. Obvious fakes. It was somewhere around 20 questionable autos in a lot of about 400.