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Another massive forgery bust. Much of it authenticated.
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Platinum Card Talk Member
Picture of mykdude
posted
Woah!

https://sportscollectorsdigest...k4cR072a7k3gFRSEU2cw

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Just because it's rare doesn't mean it's valuable.
 
Posts: 5093 | Location: Tennessee | Registered: March 09, 2002Reply With QuoteReport This Post
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In many of these cases, Ebay does nothing to stop these sellers because of the money it generates for Ebay. I've seen many threads on several forums of people who have contacted Ebay about the fakes, with proof. Yet these sellers are allowed to continue to sell their fake merchandise.

Kudos to law enforcement for taking down this ring.
 
Posts: 125 | Location: Virginia | Registered: November 13, 2009Reply With QuoteReport This Post
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Yeah, Ebay avoids settling a dispute about an item not received even when you can see the item was never mailed. They want you to contact the seller who avoids replying to messages.

Anyway, I'm glad I never got into sports collectibles.

This message has been edited. Last edited by: catskilleagle,
 
Posts: 4895 | Location: San Jose, CA, USA | Registered: December 23, 2002Reply With QuoteReport This Post
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The impact of this scandal cannot be understated since in my opinion, it will affect both the sports and non-sports collectible markets in the short and long term. It will also have ripple effects on many tangential industries for the foreseeable future.

Insurers who have underwritten high-value collectibles might now face a flood of claims or revaluation requests.

Consumers who bought forged or misrepresented items could sue manufacturers, graders, or sellers.

If it’s shown that companies knowingly allowed fakes to enter the market, there could be class action lawsuits.

Graders like PSA, BGS, CGC could be held partially liable if it's proven that they authenticated, altered, or faked items.

As confidence in autographed sports memorabilia plunges, many collectors will look for safer alternatives—non-sports cards!

Unlike sports memorabilia, which often relies on third-party authentication or unverified signings, many non-sports cards feature scarce promotional items, pack-inserted autographs with serial numbers, tamper-proof holograms, and direct licensing from studios.

With market attention pivoting, the scandal may usher in a golden moment for non-sports cards—particularly for collectors and sellers who value traceability and integrity.

In a hobby shaken by fraud, non-sports cards may offer exactly what the card collecting community now craves most: peace of mind.

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Posts: 1065 | Location: Overseas | Registered: May 22, 2001Reply With QuoteReport This Post
Platinum Card Talk Member
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quote:
Originally posted by promoking:
The impact of this scandal cannot be understated since in my opinion, it will affect both the sports and non-sports collectible markets in the short and long term. It will also have ripple effects on many tangential industries for the foreseeable future.

Insurers who have underwritten high-value collectibles might now face a flood of claims or revaluation requests.

Consumers who bought forged or misrepresented items could sue manufacturers, graders, or sellers.

If it’s shown that companies knowingly allowed fakes to enter the market, there could be class action lawsuits.

Graders like PSA, BGS, CGC could be held partially liable if it's proven that they authenticated, altered, or faked items.

As confidence in autographed sports memorabilia plunges, many collectors will look for safer alternatives—non-sports cards!

Unlike sports memorabilia, which often relies on third-party authentication or unverified signings, many non-sports cards feature scarce promotional items, pack-inserted autographs with serial numbers, tamper-proof holograms, and direct licensing from studios.

With market attention pivoting, the scandal may usher in a golden moment for non-sports cards—particularly for collectors and sellers who value traceability and integrity.

In a hobby shaken by fraud, non-sports cards may offer exactly what the card collecting community now craves most: peace of mind.


Although I think the individual claims made by Brett Lemieux were highly exaggerated...I have been long concerned with the developing features of autopen. Why should the technology of autopen develop a wide range of variable functions which allows for an original autograph to be more difficult to detect? Was not autopen serving its purpose already?

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Just because it's rare doesn't mean it's valuable.
 
Posts: 5093 | Location: Tennessee | Registered: March 09, 2002Reply With QuoteReport This Post
Silver Card Talk Member
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The FBI raided 2 of his Warehouses and discovered almost $700,000.000 worth of fake sports memorabilia. I can't imagine the panic among sports card sellers, graders, and buyers right now! The literal foundation of that hobby has crumbled.

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Posts: 1065 | Location: Overseas | Registered: May 22, 2001Reply With QuoteReport This Post
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Which means he has quite a few accomplices who have not shot themselves in the face. This investigation is going to be crazy!

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Just because it's rare doesn't mean it's valuable.
 
Posts: 5093 | Location: Tennessee | Registered: March 09, 2002Reply With QuoteReport This Post
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