Quote:
Originally Posted by Bigdaddy
Back to the OP's question and reaching back to the recent signed T206 fiasco. I'll use 'TPGs' in general, referring to any of the three letter companies we all know:
1. The TPGs were shown to have negligently certified many signed T206 and other pre-war cards that were proven to have existed in an unsigned condition in the recent past. I do not know of any resolution to this so far other than SGC folding their autograph authentication business.
2. Card trimmers and other card 'enhancers' were caught manipulating cards to bump their grades and therefore increasing the prices they brought on the open market, sometimes by orders of magnitude. Many of these people have been called out by name and more continue to be discovered. This has cast a shadow on many, if not all, high grade slabbed cards. Including everything from tobacco cards to the glossy inserts of today.
3. PWCC and other sellers have been accused of conspiring/enabling/turning a blind eye to these card doctors and bringing their wares to market. They typical response is denial of fore-knowledge, however I believe some refunds have been issued in response to legal pressure.
4. The TPGs have been accused of either complete incompetence in their ability to detect altered cards (at best) or of conspiring with certain known submitters to look the other way (at worst) when grading cards from certain folks. Proof of the card alterations (and the submitters) has been called out and shown by BODA (Blowout Detection Agency) too many times to count. None of the TPGs have taken any responsibility for these actions.
5. The TPGs have been accused of favorable treatment of certain high volume submitters in assigning or revisiting grades to certain cards. This is completely different than the item above which deals with altered cards. PSA even advertises that they offer opportunities for certain folks to 'discuss' the grading of cards that they have submitted. No response from the TPGs on this favoritism charge.
6. And of course the on-going charges of shill bidding and phantom sales continue to manipulate market prices, propping up card prices and leading us closer to a market collapse.
Other than that, nothing to see here. Move along.
Did I miss anything?
|
Yeah, In a nutshell it's a Billion Dollar Fraud. Enjoy getting your balls kicked in. I've been beat like a red headed step child with all my fakes and everyone here is a victim.