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Buyer beware: vintage wax pack scam

I heard an interesting story at the Houston Tri-Star show this past weekend. Last January a seller come into the Houston Tri-Star show with three ungraded 1950’s vintage packs and as best as he recalls they were ‘52 Topps, ‘54 Topps and ‘57 Topps. The amazing was that if you looked closely through the back of each pack, you could see that each had a star card and the person telling the story said one was a Banks, another a Mantle and he forgot who was the third star. The seller wanted $1500 for the three and naturally a dealer jumped all over the offer and bought them instantly with cash. Very shortly after the show the dealer decided to open them and found that the semi-visible star card was nothing more than a color, full-scale scan or photocopy on thin paper and the rest of the pack contained worthless cardboard cut to the right size with a fresh piece of gum.

The dealer contacted the police and found out that this person most likely pulled the same scam with some local card shops. The good news was that they eventually tracked down the seller, apparently because he left his phone number with another dealer at the same show regarding a sale of some autograph items. The dealer did get his money back and still has the wrappers, but apparently no charges were filed since the seller claimed he bought them from someone else and the police felt it would be difficult to discredit that story in a criminal case.

Caveat emptor!

Comments

  • perkdogperkdog Posts: 31,233 ✭✭✭✭✭
    The dealer thought he was ripping the seller off, $1500 for those three packs? Too good to be true. Good thing he got his money back.
  • WinPitcherWinPitcher Posts: 27,726 ✭✭✭
    The seller wanted $1500 for the three and naturally a dealer jumped all over the offer and bought them instantly with cash.



    Steve
    Good for you.
  • Lothar52Lothar52 Posts: 2,664 ✭✭✭
    not even dealers are safe nowadays....
  • EstilEstil Posts: 7,131 ✭✭✭✭
    Indeed, you'd think dealers would be too smart to fall for these scams.
    WISHLIST
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    95 Ultra GM Sets: Golden Prospects,HR Kings,On-Base Leaders,Power Plus,RBI Kings,Rising Stars
  • I'm sorry but I refuse to feel sorry for dealers since that's all they do is rip people off. If it was a collector like us, yes I'd be pissed.
  • theczartheczar Posts: 1,590 ✭✭
    tough call who to root for in that situation. got a give a slight nod to the dealer. from time to time we all thought we got a good deal in life.
    if the seller was asking $1500 the buyer lived up to his half of the deal.

    of course if you think it is too good to be true.....


  • << <i>I'm sorry but I refuse to feel sorry for dealers since that's all they do is rip people off. If it was a collector like us, yes I'd be pissed. >>



    Most dealers started out as collectors , and I really miss my black & white TV and what is this new radio band they are calling FM and where can I buy an 8 track tape player for my car. image
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