posted 02-23-2024 02:54 PM               

1. Has anyone changed their minds in the meantime?

2. What do you think a reasonable value is for a numbered Apollo 17 crew signed "insurance cover"?

posted 03-01-2024 11:25 AM               

By the way, it carries an explanation regarding why it is both an insurance cover and an anniversary cover which I find quite convincing...

posted 03-01-2024 11:51 AM               

quote:

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Originally posted by Axman:
By the way, it carries an explanation regarding why it is both an insurance cover and an anniversary cover which I find quite convincing...

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I am the one who originated the thread referred to in the first post of this thread. My concern then, as it is now, is that the nature of those anniversary covers [which languished for sale for many years at a much lower price until two guys came along and "added perceived value" to them] will be lost to current and future buyers. These two guys (primarily the owner of Peachstate) convinced Gene Cernan (who is completely blameless in the episode and who even sent a message to Robert for him to post on his behalf declaring that he did not consider the covers to meet the standard of "insurance covers") to sign COAs with wording that they fully understood, but they did NOT fully explain what the terms meant in the collecting community to Captin Cernan.

So, at this point, the only way those Apollo 17 covers can be considered "insurance covers" is to fundamentally alter the definition of what an insurance cover is. The market will continue to determine what they are worth, but I fear that people will not fully understand the TRUE story behind them as we get farther away from the attempt to "add value" to covers that everyone (including the market) agreed were nice anniversary covers.

It is also worth going back to fully understand the background of "Peachstate Historical Consulting," whose owner was the one who "discovered" the covers that were already publicly in plain sight and altered them many years after the fact to "create value." There are lots of threads on cS referring to Peachstate and its past practices as well as threads about the owner of Peachstate.

posted 03-01-2024 01:30 PM               

quote:

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Originally posted by NAAmodel#240:
After reviewing the latest statement from Captain Cernan in which he contradicts the CoA he signed in January of this year my website will stop selling the Apollo 17 cover immediately. It is an unfortunate embarrassment to all concerned but without his signed attestation the crew envelopes can only be seen as anniversary covers.

Peachstate has also halted sales in light of the reversal. David Frohman, at a collectSPACE member’s suggestion, plans to forward Captain Cernan’s recent letter to customers and offer a full refund.

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For the sake of this thread, I have copied the above post (verbatim) from David Ball (NAA model#240) from the aforementioned thread at the top of this thread, posted after Gene Cernan's letter was posted in that thread.

Mr. Ball was one of the two individuals involved in the marketing of these covers (I am unsure if he was involved in the creation or only in the marketing, but I became aware of the covers and originally posted the older thread after receiving an e-mail from Mr. Ball's company), and after seeing the Gene Cernan letter Mr. Ball stated that the covers "can only be seen as anniversary covers".

posted 03-01-2024 02:11 PM               

I am a collector, not an investor, I have no intention of putting this up for re-sale. I would, naturally, have been delighted to have bought it for closer to $10 rather than near $1,000.