Quote:
Originally Posted by Peter_Spaeth
Leon the conflict of interest is obvious if he is setting himself up as an objective third party grader and stickering his own cards. Imagine if PSA sold their own cards, the thread would break records. If Beckett is doing that then in my mind that's a credibility burner too.
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PSA used to with their Collectors Universe Auctions, I believe. I agree with you and don't like it (TPG grading and selling) either. I will go out on a limb and say the authorities might not see it as anything but a conflict of interest though. As I had said, it's not a problem till it's a problem, seems to be the mantra. If the Purple Sticker cards ARE high end then that could get some traction, maybe. I absolutely agree though, it is a conflict of interest and not an arms length transaction. Purple Sticker might be trying get their brand out there, if it is their cards, but I am with you on thinking it's not the way to do it.