Evidence before issuance.

01 · Asset identity

Set, year, card number, variant, language, serial and photographs match.

02 · Authentication & title

Certificate verified with issuer; ownership and absence of liens evidenced.

03 · Comparable sales

Completed transactions match variant, grade and fee basis; duplicates excluded.

04 · Physical custody

Named custodian, location, inventory reconciliation and withdrawal process.

05 · Insurance

Limits, valuation basis, exclusions, deductibles and claimant documented.

06 · Investor rights

Legal interest, governing law, insolvency treatment and enforcement reviewed.

07 · Transfers & exit

Eligibility, fees, sale authority, redemption and suspension terms documented.

08 · Independent controls

Conflicts, valuation policy, audits and asset-to-token reconciliation reviewed.