SPORTS CARD RADIO (anonymus PSA "insider")

[barrysloate]

The first Blood, Sweat, and Tears, with Al Kooper, was far superior.

[Peter_Spaeth]

Originally Posted by barrysloate

The first Blood, Sweat, and Tears, with Al Kooper, was far superior.

Perhaps from a purist's point of view, but the first album with Clayton-Thomas was great in its own right, with the Erik Satie echoes throughout, etc. The version of Billie Holiday's God Bless the Child was brilliant.

[barrysloate]

Originally Posted by Peter_Spaeth

Perhaps from a purist's point of view, but the first album with Clayton-Thomas was great in its own right, with the Erik Satie echoes throughout, etc. The version of Billie Holiday's God Bless the Child was brilliant.

They were both good, so it's just a matter of taste. I have both in my vinyl collection.

[benjulmag]

This thread has become a bit hijacked.

[Johnny630]

Originally Posted by benjulmag

This thread has become a bit hijacked.

I tired to get it back on track...off the rails again with the lyrics

People are done....

Nothing will change PSA will continue to be at the top... people will continue to burn their money on altered cards in their holders it’s all about the grade...

New grading company won’t happen

Sell sell sell

[markf31]

"Aside those listed here, every major auction I know of employs card doctors."

Its one thing to question auction houses on their knowledge of specific slabbed cards that are suspected of having been doctored, its another to make the accusation that they all actively employ card doctors. This is a statement that goes a little too far and IMO casts at least a little doubt on the veracity of the other claims made in the letter.

[slidekellyslide]

Originally Posted by markf31

"Aside those listed here, every major auction I know of employs card doctors."

Its one thing to question auction houses on their knowledge of specific slabbed cards that are suspected of having been doctored, its another to make the accusation that they all actively employ card doctors. This is a statement that goes a little too far and IMO casts at least a little doubt on the veracity of the other claims made in the letter.

Yep. REA employing card doctors? Laughable. LOTG? Laughable. I doubt every other word attributed to this "insider".

[Tabe]

Originally Posted by markf31

"Aside those listed here, every major auction I know of employs card doctors."

Its one thing to question auction houses on their knowledge of specific slabbed cards that are suspected of having been doctored, its another to make the accusation that they all actively employ card doctors. This is a statement that goes a little too far and IMO casts at least a little doubt on the veracity of the other claims made in the letter.

Either that or the "cart full of cards" that were guaranteed a minimum grade. Neither claim is particularly credible, IMHO.

[barrysloate]

Originally Posted by Johnny630

I tired to get it back on track...off the rails again with the lyrics

People are done....

Nothing will change PSA will continue to be at the top... people will continue to burn their money on altered cards in their holders it’s all about the grade...

New grading company won’t happen

Sell sell sell

Not sure I agree that a new grading service won't happen. A new company trying to do the same exact thing as PSA will fail, because PSA controls too great of a market share. But one doing something completely different, utilizing technology that would, for example, floresce whenever it detected paper alteration, could be enormously successful.

While PSA would no doubt be reluctant to take a second look at cards they graded and admit any problem, a competitor equipped with this technology would be more than happy to take them down. That would be their likely path to a greater market share.

Nothing may happen this week or this month, but this story is far from over. I predict some enterprising soul will turn this hobby upside-down. There is a giant void that somebody is about to fill.

[chalupacollects]

Originally Posted by barrysloate

Not sure I agree that a new grading service won't happen. A new company trying to do the same exact thing as PSA will fail, because PSA controls too great of a market share.

Tell that to Amazon, they started out selling books... A new company with a new wrinkle will affect changes with the TPG's....

[slidekellyslide]

Are the whales ready to reholder thousands of cards with a new company? Will the new company start a registry? They would have no reason to jump if it doesn't because it's about the competition and the number on the slab. It's going to be so much easier to accept "conservation and alteration".

Call me a cynic, but there is already a certain acceptance of fraud in this hobby. How many years in a row can the FBI arrest or hand out subpoenas at the National? The fake T206 autographs are already in the rear view mirror. Mastro, Allen and Rogers all went to prison, did that deter PWCC, Moser, SSS and the probably hundreds of other card doctors from forging onward with their fraudulent activity? Nope 2 out of 3 of them were set up at the National pretending it was business as usual.

The hobby's white knight, the fiercest opponent of the fraudsters in the hobby who claimed his employment as PWCC counsel would be the best thing for the hobby is already minimizing PWCC's involvement in fraud that likely dwarfs Mastro and Allen.

Yeah, things will change, but not how we want them to.

[Fuddjcal]

Originally Posted by slidekellyslide

Are the whales ready to reholder thousands of cards with a new company? Will the new company start a registry? They would have no reason to jump if it doesn't because it's about the competition and the number on the slab. It's going to be so much easier to accept "conservation and alteration".

Call me a cynic, but there is already a certain acceptance of fraud in this hobby. How many years in a row can the FBI arrest or hand out subpoenas at the National? The fake T206 autographs are already in the rear view mirror. Mastro, Allen and Rogers all went to prison, did that deter PWCC, Moser, SSS and the probably hundreds of other card doctors from forging onward with their fraudulent activity? Nope 2 out of 3 of them were set up at the National pretending it was business as usual.

The hobby's white knight, the fiercest opponent of the fraudsters in the hobby who claimed his employment as PWCC counsel would be the best thing for the hobby is already minimizing PWCC's involvement in fraud that likely dwarfs Mastro and Allen.

Yeah, things will change, but not how we want them to.

He certainly can be called Dicky Licht man. Had great respect for the man at the beginning speaking the truth, but I guess everyone else was correct about his shady character now that he has to be a bold faced liar for his pal Brent Mastro. The biggest criminal this industry has ever seen. I mean what did we expect? it's very fitting actually.

[benjulmag]

Originally Posted by slidekellyslide

Are the whales ready to reholder thousands of cards with a new company? Will the new company start a registry? They would have no reason to jump if it doesn't because it's about the competition and the number on the slab. It's going to be so much easier to accept "conservation and alteration".

Call me a cynic, but there is already a certain acceptance of fraud in this hobby. How many years in a row can the FBI arrest or hand out subpoenas at the National? The fake T206 autographs are already in the rear view mirror. Mastro, Allen and Rogers all went to prison, did that deter PWCC, Moser, SSS and the probably hundreds of other card doctors from forging onward with their fraudulent activity? Nope 2 out of 3 of them were set up at the National pretending it was business as usual.

The hobby's white knight, the fiercest opponent of the fraudsters in the hobby who claimed his employment as PWCC counsel would be the best thing for the hobby is already minimizing PWCC's involvement in fraud that likely dwarfs Mastro and Allen.

Yeah, things will change, but not how we want them to.

Unless and until there is a grading option that can detect expert alterations, I agree not much is likely to change. But, and this is perhaps where we differ, I believe such a grading option is inevitable. The reason -- if done properly it could make some people very rich. Financial incentive is very powerful, and here I believe it is viable.

I know for a fact some people are looking at it very seriously and significant sums are being raised as startup capital. And if the new model works and alterations can be detected, how can the floodgates not be opened? The money required to effectively market the new company and expose the IMO staggering percentage of vintage high grade alterations will be insignificant compared to the money required for the startup.

Imagine the following. Once this happens this new company is set up at the National with a red portrait T206 Cobb in its "8" holder, and next to it is a PSA "8" of the same card. And next to both of these cards is last month's Forbes's magazine article heralding this new TPG and reciting statistics that out of a random selection of 454 T206 PSA "8s", 78% have been exposed by this new grading method as altered in one fashion or another and placed in "A" slabs. Which "8" T206 red portrait Cobb card do you think would sell for more at that juncture, the one in the PSA holder or the one in the new TPG holder?

The whales can yell, kick, scream all they want, but that will not silence the market forces at play here.

[Johnny630]

Originally Posted by slidekellyslide

Are the whales ready to reholder thousands of cards with a new company? Will the new company start a registry? They would have no reason to jump if it doesn't because it's about the competition and the number on the slab. It's going to be so much easier to accept "conservation and alteration".

Call me a cynic, but there is already a certain acceptance of fraud in this hobby. How many years in a row can the FBI arrest or hand out subpoenas at the National? The fake T206 autographs are already in the rear view mirror. Mastro, Allen and Rogers all went to prison, did that deter PWCC, Moser, SSS and the probably hundreds of other card doctors from forging onward with their fraudulent activity? Nope 2 out of 3 of them were set up at the National pretending it was business as usual.

The hobby's white knight, the fiercest opponent of the fraudsters in the hobby who claimed his employment as PWCC counsel would be the best thing for the hobby is already minimizing PWCC's involvement in fraud that likely dwarfs Mastro and Allen.

Yeah, things will change, but not how we want them to.

You sir hit the nail right on the head ...what you said is the bottom line

Excellent

[rats60]

Originally Posted by slidekellyslide

Are the whales ready to reholder thousands of cards with a new company? Will the new company start a registry? They would have no reason to jump if it doesn't because it's about the competition and the number on the slab. It's going to be so much easier to accept "conservation and alteration".

Call me a cynic, but there is already a certain acceptance of fraud in this hobby. How many years in a row can the FBI arrest or hand out subpoenas at the National? The fake T206 autographs are already in the rear view mirror. Mastro, Allen and Rogers all went to prison, did that deter PWCC, Moser, SSS and the probably hundreds of other card doctors from forging onward with their fraudulent activity? Nope 2 out of 3 of them were set up at the National pretending it was business as usual.

The hobby's white knight, the fiercest opponent of the fraudsters in the hobby who claimed his employment as PWCC counsel would be the best thing for the hobby is already minimizing PWCC's involvement in fraud that likely dwarfs Mastro and Allen.

Yeah, things will change, but not how we want them to.

But what about the new buyer of these high dollar high grade cards? Why wouldn't they want to send them to a second company for a second opinion as to if the card is altered? If you were paying 5 or 6 figures for a card, wouldn't you want to know it was unaltered and would hold its value in the future?