The registry mentality
A lot has been said that to many registry people, they are in it for the competition and, to that end, all that matters is the grade. But does it necessarily follow that these people really don't care if their cards are altered? I would think they do because in addition to the competitive aspect, there is also the investment aspect. Such people, whether they admit it or not, have to be concerned that if the hobby continues on its current track of discrediting the accuracy of the flip, the value of their collection could plummet like (and pardon the pun) like a house of cards.
While I'm only hypothesising, I think what the typical registry person would say is that the degree of undetected alterations is grossly overstated, and that the overwhelming majority of their high-grade cards are unaltered. I don't think they would say that if it was somehow proven that a significant percentage of their cards were altered, they still wouldn't care.
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