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The grading companies have taken a hobby and turned it into a competition. And we wonder why many kids take no interest in this hobby?
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Not all who collect PSA/SGC/Beckett cards do it to compete. There are some that do & good for them.
And a bunch like myself are content getting the cards we like at the prices we can afford.
And I'm not sure about the parallel about grading companies being a detriment to kids collecting.
I'd give more blame to card companies that retail packs at $5, $10, $20 and higher.