SPORTS CARD RADIO (anonymus PSA "insider")

[jason.1969]

Hard to say if and when a tipping point will come. All I can say is I've tipped personally. At the National yesterday anytime I passed a table with a bunch of graded cards I just kept walking.

At this point I trust raw I can hold in my own hands 100x more than graded. The slab and grade literally mean zero to me anymore and if anything make me think--rational or not--the card's been doctored or graded preferentially, like a 4 for this guy.

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[Griffins]

Originally Posted by jason.1969

Hard to say if and when a tipping point will come. All I can say is I've tipped personally. At the National yesterday anytime I passed a table with a bunch of graded cards I just kept walking.

At this point I trust raw I can hold in my own hands 100x more than graded. The slab and grade literally mean zero to me anymore and if anything make me think--rational or not--the card's been doctored or graded preferentially, like a 4 for this guy.

Sent from my SM-G950U using Tapatalk

That card was previously in a SGC 50 holder, and crossed to PSA 4.

[Aquarian Sports Cards]

There was a time when I had lots of T206 PSA 4's that looked like that. Basically I got 4's on anything that was crease-free and without any major damage.

What bugs me about PSA's standards changing is it seems to have affected EVERYONE'S standards. I see some threads discussing condition and shake my head. I'm not even that old, but cards that would've been called EX are being called VG etc. Obviously, with the position I'm in, I've had to adjust to the trends or I'd have a lot of pissed off buyers, but I'm sure this grade deflation has been a contributing factor to the scandal, even if only a small one.

[slidekellyslide]

The registry guys have so much money tied up in PSA cards that I believe there will be a shift to an acceptance of altered cards. Especially if the number of altered cards reported is true. Sure, some will leave but it’s never really been about the cards for a lot of them IMO, it’s the number and the competition. PSA knows this and that’s why they’re seemingly paying no attention to this scandal.

[HRBAKER]

Originally Posted by slidekellyslide

The registry guys have so much money tied up in PSA cards that I believe there will be a shift to an acceptance of altered cards. Especially if the number of altered cards reported is true. Sure, some will leave but it’s never really been about the cards for a lot of them IMO, it’s the number and the competition. PSA knows this and that’s why they’re seemingly paying no attention to this scandal.

Exactly where I think this is headed.

[Johnny630]

Originally Posted by slidekellyslide

The registry guys have so much money tied up in PSA cards that I believe there will be a shift to an acceptance of altered cards. Especially if the number of altered cards reported is true. Sure, some will leave but it’s never really been about the cards for a lot of them IMO, it’s the number and the competition. PSA knows this and that’s why they’re seemingly paying no attention to this scandal.

100% spot on!! I’ve said this from day one ....Registry And to a Lesser extent Pop report Fuel Newport Beaches arrogance and Blow Off nothing to see here mantra.....Registry Has Been And Sadly Will Continue to their Number 1 Money making machine. I’d say it’s been the biggest money maker in the industry.

It’s very sad....If altered cards become acceptable this industry is toast

[benjulmag]

Originally Posted by slidekellyslide

The registry guys have so much money tied up in PSA cards that I believe there will be a shift to an acceptance of altered cards. Especially if the number of altered cards reported is true. Sure, some will leave but it’s never really been about the cards for a lot of them IMO, it’s the number and the competition. PSA knows this and that’s why they’re seemingly paying no attention to this scandal.

Not sure I agree with this IF (I) it becomes generally accepted that a majority of high grade pre war cards are altered and (2) the hobby presents another alternative of grading cards whereby it is believed the cards graded by this other method are not altered.

If a new TPG comes into being using technology to detect alterations and becomes the accepted way of grading, then cards graded under the old method will lose value, as well as be regarded as tainted. The registry is to satisfy a person's need to brag. I question how much bragging can be done if that altered 8 is matched up against an unaltered 8, as measured by the different grading slabs the two cards are in.

Let's go back to that cocktail party where a person is showing off his high grade cards to his society friends. In the midst of the presentation some guest in a high pitched voice asks the host why he doesn't have them re slabbed in that new slab the guest saw at last week's cocktail party, which slab was accompanied by that Wall Street Journal article which states this new grading method has a 99% success rate of detecting alterations for 8's and higher, versus the reputed 22% success rate under the old grading methods. Where is that fly on the wall when you need it?

It all comes down to bragging, which IMO is a function of how much awareness people have of the alteration problem and the grading alternatives to detect them.

[drcy]

Originally Posted by benjulmag

Not sure I agree with this IF (I) it becomes generally accepted that a majority of high grade pre war cards are altered and (2) the hobby presents another alternative of grading cards whereby it is believed the cards graded by this other method are not altered.

If a new TPG comes into being using technology to detect alterations and becomes the accepted way of grading, then cards graded under the old method will lose value, as well as be regarded as tainted. The registry is to satisfy a person's need to brag. I question how much bragging can be done if that altered 8 is matched up against an unaltered 8, as measured by the different grading slabs the two cards are in.

Let's go back to that cocktail party where a person is showing off his high grade cards to his society friends. In the midst of the presentation some guest in a high pitched voice asks the host why he doesn't have them re slabbed in that new slab the guest saw at last week's cocktail party, which slab was accompanied by that Wall Street Journal article which states this new grading method has a 99% success rate of detecting alterations for 8's and higher, versus the reputed 22% success rate under the old grading methods. Where is that fly on the wall when you need it?

It all comes down to bragging, which IMO is a function of how much awareness people have of the alteration problem and the grading alternatives to detect them.

I agree and was thinking along this line. If the current grading companies do nothing (and that's basically what PSA wants to do), and a new company or used technology and methodology is used to identify unaltered cards, the will change things drastically. Especially with high end cards, the old grades may become obsolete or considered lesser-- especially if and when the new technology and methodology demonstrates that many of the registry cards are altered.

Futher, and as I've said before, it takes only a percentage of collectors, investors, PSA registry people to drop out to change their minds and/or drop out fot the bottom to fall out. And I believe that a percentage of people WILL change their tunes about PSA graded cards.

[Fuddjcal]

Originally Posted by drcy

I agree and was thinking along this line. If the current grading companies do nothing (and that's basically what PSA wants to do), and a new company or used technology and methodology is used to identify unaltered cards, the will change things drastically. Especially with high end cards, the old grades may become obsolete or considered lesser-- especially if and when the new technology and methodology demonstrates that many of the registry cards are altered.

Futher, and as I've said before, it takes only a percentage of collectors, investors, PSA registry people to drop out to change their minds and/or drop out fot the bottom to fall out. And I believe that a percentage of people WILL change their tunes about PSA graded cards.

Whatever happened to all of the GAI graded cards? That's PSA's future as I stated more than 5 plus years ago. We will all have so much fun cracking the PSA slabs for the new slab company. So much FUN@!!! I don't know about you guys but I can't wait to crack all the slabs and re submit...kinda like they do now.

[boneheadandrube]

Originally Posted by benjulmag

Not sure I agree with this IF (I) it becomes generally accepted that a majority of high grade pre war cards are altered and (2) the hobby presents another alternative of grading cards whereby it is believed the cards graded by this other method are not altered.

If a new TPG comes into being using technology to detect alterations and becomes the accepted way of grading, then cards graded under the old method will lose value, as well as be regarded as tainted. The registry is to satisfy a person's need to brag. I question how much bragging can be done if that altered 8 is matched up against an unaltered 8, as measured by the different grading slabs the two cards are in.

Let's go back to that cocktail party where a person is showing off his high grade cards to his society friends. In the midst of the presentation some guest in a high pitched voice asks the host why he doesn't have them re slabbed in that new slab the guest saw at last week's cocktail party, which slab was accompanied by that Wall Street Journal article which states this new grading method has a 99% success rate of detecting alterations for 8's and higher, versus the reputed 22% success rate under the old grading methods. Where is that fly on the wall when you need it?

It all comes down to bragging, which IMO is a function of how much awareness people have of the alteration problem and the grading alternatives to detect them.

Why does the guest have a high pitched voice? Is this a commentary on registry collectors, or just people who would actually brag about baseball cards at a cocktail party?

[drcy]

Originally Posted by slidekellyslide

The registry guys have so much money tied up in PSA cards that I believe there will be a shift to an acceptance of altered cards. Especially if the number of altered cards reported is true. Sure, some will leave but it’s never really been about the cards for a lot of them IMO, it’s the number and the competition. PSA knows this and that’s why they’re seemingly paying no attention to this scandal.

I believe if there is technology and methodology to identify unaltered cards and those that are altered, then this won't be true.

Side by side, the unaltered version will always be more prized and higher valued, and, in comparison, the altered cards will be considered lesser.

There may be more acceptance and conscious collecting of altered cards because they are so commonplace, but the unaltered cards will become the prized cards, and the altered cards will be considered second tier.

And there will be a taint and questioning of those "high end" collections and collectors who don't have their cards examined by the new technology.

The first time some rich guy presents an unaltered set, and such a set is auctioned off by REA or Heritage or whomever, that will set the new standard. All that all PSA stuff will be questioned and considered lesser.

Futher, many PSA registry people may be collecting the numbers, but once it's shown and generally considered by the hobby that these numbers are at the least unreliable, and at the most false, I think even that number collecting $$ money will change and, at least, soften. There's nothing to brag about if the general hobby scoffs at the numbers.

I think that PSA's current, and usual, approach of doing nothing and hoping it just blows over, will doom them. Because the cows have now left the barn.

Duly note that, even on the PSA forum, many posters are saying they are not buying graded cards, will never buy from PWCC, and or at least delaying buying graded cards until they see how things work out-- and this is from PSA's board.

[slidekellyslide]

I really don't think anyone will be able to take on PSA and the registry. Brent was either prescient with his alteration/conservation post back in June or maybe he knew something was coming around the bend?? Tee Hee... Anyway the trend will be towards acceptance of alterations. Perhaps there will be a limit to what will be acceptable but it's coming. Guaranteed. I will also guarantee that if someone at another grading service or a new grading service offers up 99.9% fraud detection in their slabs that PSA will adopt every one of those detections and the new company will wither and die in short order.

The registry drives the money in this hobby.

[benjulmag]

Originally Posted by slidekellyslide

I really don't think anyone will be able to take on PSA and the registry. Brent was either prescient with his alteration/conservation post back in June or maybe he knew something was coming around the bend?? Tee Hee... Anyway the trend will be towards acceptance of alterations. Perhaps there will be a limit to what will be acceptable but it's coming. Guaranteed. I will also guarantee that if someone at another grading service or a new grading service offers up 99.9% fraud detection in their slabs that PSA will adopt every one of those detections and the new company will wither and die in short order.

The registry drives the money in this hobby.

Putting aside the question of PSA adopting a method to establish that many of their previously slabbed cards have now been objectively determined to have been altered (thus bringing to the fore liability under their grading warranty), there is something called patent protection.

[Johnny630]

Originally Posted by slidekellyslide

I really don't think anyone will be able to take on PSA and the registry. Brent was either prescient with his alteration/conservation post back in June or maybe he knew something was coming around the bend?? Tee Hee... Anyway the trend will be towards acceptance of alterations. Perhaps there will be a limit to what will be acceptable but it's coming. Guaranteed. I will also guarantee that if someone at another grading service or a new grading service offers up 99.9% fraud detection in their slabs that PSA will adopt every one of those detections and the new company will wither and die in short order.

The registry drives the money in this hobby.

Past behavior is indicative of future behavior.....

Agree +1

[CurtisFlood]

Originally Posted by slidekellyslide

I really don't think anyone will be able to take on PSA and the registry. Brent was either prescient with his alteration/conservation post back in June or maybe he knew something was coming around the bend?? Tee Hee... Anyway the trend will be towards acceptance of alterations. Perhaps there will be a limit to what will be acceptable but it's coming. Guaranteed. I will also guarantee that if someone at another grading service or a new grading service offers up 99.9% fraud detection in their slabs that PSA will adopt every one of those detections and the new company will wither and die in short order.

The registry drives the money in this hobby.

Imagine the registry guys trying to replace all the colored, altered, trimmed cards in their sets. Mission impossible.

[bosoxphan]

Originally Posted by slidekellyslide

The registry guys have so much money tied up in PSA cards that I believe there will be a shift to an acceptance of altered cards. Especially if the number of altered cards reported is true. Sure, some will leave but it’s never really been about the cards for a lot of them IMO, it’s the number and the competition. PSA knows this and that’s why they’re seemingly paying no attention to this scandal.

Think you’re right in the long run but it’s gotta be disclosed and the price reflects that. Comic books alterations/conservation are accepted but the book has a different color flip and the alterations are listed. And the book sells for a fraction of the price.

[forceplay sport]

This story is just unbelievable !!! This hole just keeps getting deeper and deeper !!!
My 2 cents is this will create a problem for any graded high end, anyone will always wonder about it.