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WalterWhiteJr.

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Posts posted by WalterWhiteJr.

    WATA Finally Getting Sued?

    in Sealed & Graded Collecting

    Posted · Edited by WalterWhiteJr.

    One point that I find interesting that has NOT been brought up in the lawsuit (as far as I know), is the fact that one of Wata's business practices is to inform customers if the game they submitted is "valued" higher than what the customer said its declared value was for Liability* purposes. In this scenario, Wata forces the customer - while they literally have the customer's game in their physical possession - to pay substantially more if they would like the grading to be completed. What does Wata base the "value" of the game on you ask for these purposes? Oh glad you asked! Heritage Auctions results. Which Wata has ALLEGEDLY played a substantial role in manipulating said prices, and therefore profits off of this "Liability" "value" scam. See where I am going with this? It is all just gross.

     

    * "Liability is included in the price of games valued below $1,000. Games valued from $1,000 to $2,499 are charged more for liability, on a sliding scale. Games valued at and over $2,500 are charged an additional 2% of their declared value. If your order contained undervalued games WE MAY ADJUST PRICING FOR CORRECT LIABILITY COSTS."

    - Source - www.watagames.com/what-we-do/pricing

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