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LOC Collectibles

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Posts posted by LOC Collectibles

  1. Hello Everyone! 

    First :takeit: in thread wins it and trumps all negotiations. Time stamp determines winner. 

    Payment by Paypal, Venmo, Zelle, Check/MO, or Cash in person. Payment is expected within 3 days of sale.

    We have multiple references on these boards if needed.

    Shipping will be on us within the CONUS. International shipping will be USPS Priority Mail at exact cost.

    Returns accepted on a case by case basis

    NO HOSers or Probies! PMs are welcome even if its to just say hello.

  2. On 12/28/2023 at 10:47 PM, paqart said:

    I'm just calling it as I see it. Unless CGC knowingly participated, and I see no indication of that, they are victims also. This is true even if one or more employees did this on their own. It isn't good, but it doesn't create criminal culpability. It does create a civil responsibility to make customers whole, which they've already agreed to do.

    This isn't a cheap example of lip service. If they follow through on what @CGC Mike posted, they will have done as much as they could. Imagine the so far unknown cost to CGC on this. Someone buys an IH 181 with a missing page for $10k. CGC buys it from him for $10k. The comic is worth maybe $1k. That's a dead loss of $9k for CGC, and then it gets multiplied by the number of comics involved, minus the few sellers who decide to keep the comics. They might be able to recover from the scammer, but it will cost hefty legal fees to get there. It might not be worth it.

    In the end, the victim that loses the most in this scenario is CGC, not any given collector.

    This is not an empty gesture at all.

    How did you ever come to this conclusion? I keep seeing people say how there are so many scammers and CGC was taken advantage of. What am I missing here? Weren't there scammers when CGC started? If my product has a flaw that risks the integrity of my product, I don't point fingers at scammers when that flaw is exposed, I fix the flaw. CGC's cases have been lacking in security features for years. I'm shocked it took this long for a scandal to surface and I feel this might be a lot bigger than what a lot of people are making it out to be. 

  3. On 12/28/2023 at 9:49 AM, captainzombie said:

    Lets hope that this scammer is someone from here in the United States, and not someone overseas, because it will probably take quite sometime to find who the actual person is. I know there has been several names tossed around from what I have seen in this thread, but it could be 1 person vs. a ring of people. Ugh. This really does suck. If they did this to CGC, they could have done it to the other company too if they have gotten this good at it.

    I think this shows the true issue in all of this. You won't find a scandal like this with the other company for one reason.. it's impossible to open that case without damaging it. I've tried dozens of methods and it doesn't work. CGC on the other hand you can open with your fingers. It's a design flaw that has needed to be addressed for a long time and hopefully this situation will do that. 

  4. On 12/24/2023 at 9:36 AM, skybolt said:

    Honestly, I think this is the likely main reason CGC has not come out with a statement. They're trying to see how much this board can uncover first.

    My gut tells me their response will note negligence on the part of their re-holdering department. They'll note that staff should've checked the books more carefully if the slab came in with major damages that impacted the corners. The staff is going through proper training now to ensure this does not occur in the future. Any customers with books in question should send back to CGC for further evaluation. They will also ensure these were isolated cases and not rampant. Any issues with cert #'s or dates graded will be downplayed as system errors.

    Rest assured, the blame will 100% be passed.

  5. Hello Everyone! 

    First :takeit: in thread wins it and trumps all negotiations. Time stamp determines winner. 

    Payment by Paypal, Venmo, Check/MO, or Cash in person. Payment is expected within 3 days of sale.

    We have multiple references on these boards if needed.

    Shipping will be on us within the CONUS. International shipping will be USPS Priority Mail at exact cost.

    Returns accepted on a case by case basis

    NO HOSers or Probies! PMs are welcome even if its to just say hello.