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Old 02-20-2017, 06:20 AM
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Peter_Spaeth Peter_Spaeth is offline
Peter Spaeth
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Quote:
Originally Posted by nrm1977 View Post
On a related side note, I strongly feel those cards mentioned are just the "tip of the iceberg" of the whole grading industry. I recall reading a section in the book Mint Condition about the card "Doctor". In which he sent in cards that he "worked" on to the grading companies without detection. Granted, from what I remember those cards he sent in aren't in circulation. Though, if one guy can do it, I'm sure many others can as well.

With that said, I do feel at some point, the grading market might come "crashing" down to a certain degree. Whether it be, some government agency stepping in (with the amount of money being exchanged for these high dollar cards, I'm sure "they're" watching) or people just flat out losing faith in a 3rd parties opinion.

Lastly, I've never sent a card in for grading (been collecting 30ish plus years), I do in fact buy graded cards online to help reduce the risk of me buying a counterfeit, altered card. With the countless stories I've seen or heard about over the years, I cannot put too much faith in a 3rd party opinion on high dollar sports card. Hell, PSA was founded on a trimmed Wagner. Yes, it does help reduce my risk of receiving a counterfeit or altered card when buying online. No way in hell am I paying $10k for a card that you can buy raw for $600 just because of some guys opinion at a grading company. More power to anyone that feels comfortable buying a $50k sports card based on someone's opinion of the condition.
There is a lot of upside to TPG, but the inevitable downside is that they are going to miss a certain amount of highly-skilled card doctoring. There are people out there who are just really good at what they do, and they put a lot more effort into it than TPGs have the time or resources to always detect. It's like PEDs, the masking technology usually runs ahead of the detection technology. What I find interesting and somewhat discouraging is that so many people, particularly high end collectors, seem indifferent to that, and care only about the flip.
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Last edited by Peter_Spaeth; 02-20-2017 at 06:22 AM.