Quote:
Originally Posted by barrysloate
I really don't believe that because nothing is being done now and it's business as usual this story is over. Somebody is going to look at this as a golden opportunity to build a better mousetrap, and to enter the third party grading business with technology that is capable of exposing all of these altered cards. Then anybody who tries to sell an altered card in a slab will find that no auction house will accept it unless it's clearly stated in the lot description something along the lines of "this card was once deemed an 8 but now has been revealed as having the corners built up." As such, those cards will be dead in the water.
Maybe business as usual today, but this will end very badly. And the registry will offer no protection.
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I agree, except I think the altered cards will be worth less rather than dead in the water. Worth less not worthless.
I've long said I thinking pricing and valuation of the cards will change, in various ways.
Even if altered card are accepted, I don't think theer will be the same cache (cash) between, say, a 9 and a 10.
Another question to ponder is, if PSA can identify alterations (someday), how will they treat resubmitted cards? If they are able to identify all the alterations they previously missed, how will the deal with all the misgraded cards out there? Perhaps they hope they are unable to better identify alterations in the future.