Quote:
Originally Posted by benjulmag
Not sure I agree with this IF (I) it becomes generally accepted that a majority of high grade pre war cards are altered and (2) the hobby presents another alternative of grading cards whereby it is believed the cards graded by this other method are not altered.
If a new TPG comes into being using technology to detect alterations and becomes the accepted way of grading, then cards graded under the old method will lose value, as well as be regarded as tainted. The registry is to satisfy a person's need to brag. I question how much bragging can be done if that altered 8 is matched up against an unaltered 8, as measured by the different grading slabs the two cards are in.
Let's go back to that cocktail party where a person is showing off his high grade cards to his society friends. In the midst of the presentation some guest in a high pitched voice asks the host why he doesn't have them re slabbed in that new slab the guest saw at last week's cocktail party, which slab was accompanied by that Wall Street Journal article which states this new grading method has a 99% success rate of detecting alterations for 8's and higher, versus the reputed 22% success rate under the old grading methods. Where is that fly on the wall when you need it?
It all comes down to bragging, which IMO is a function of how much awareness people have of the alteration problem and the grading alternatives to detect them.
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I agree and was thinking along this line. If the current grading companies do nothing (and that's basically what PSA wants to do), and a new company or used technology and methodology is used to identify unaltered cards, the will change things drastically. Especially with high end cards, the old grades may become obsolete or considered lesser-- especially if and when the new technology and methodology demonstrates that many of the registry cards are altered.
Futher, and as I've said before, it takes only a percentage of collectors, investors, PSA registry people to drop out to change their minds and/or drop out fot the bottom to fall out. And I believe that a percentage of people WILL change their tunes about PSA graded cards.