|
#101
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: JimCrandell
What do you mean we? |
#102
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: CoreyRS.hanus
MY GOD!!!!! WOW!!! |
#103
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: JimCrandell
Corey, |
#104
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: Steve
Joe replied to my email and he said: |
#105
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: Jeff Lichtman
Steve, I don't mean to split hairs but if PSA finds that an altered card is in one of their holders will they refund the cost of the card to the buyer or will they simply refund SMR value? |
#106
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: barrysloate
I responded to Steve's email that Joe's answer was unclear. What exactly is that warranty? |
#107
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: CoreyRS.hanus
Steve, |
#108
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: Jeff Lichtman
Barry, I suspect that if an altered card in a PSA holder was sold in a Mastro auction for, let's say, 10K, PSA won't be refunding that money anytime soon. Maybe I'm wrong, but I doubt it. |
#109
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: Steve
Barry can do as he pleases. |
#110
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: Jeff Lichtman
Steve, I'm sure you can appreciate that a warranty is not a warranty if one purchases an altered PSA card for 10K and PSA offers 2K to take it off your hands. |
#111
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: barrysloate
Corey- I deleted Steve's email after I responded to him and for some reason can't find it. It was just a single sentence, to the effect that if PSA finds something on a resubmitted card, the warranty will apply. |
#112
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: leon
I am not sure but I think the warranty is 3 yrs or 36,000 miles, whichever comes first.... |
#113
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: barrysloate
|
#114
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: CoreyRS.hanus
I'm going to choose to not read into this anything other that PSA intends to act in a completely reputable manner. They will take out of circulation re-submitted cards that they determine are altered and, pursuant to their warranty, offer fair compensation to the card owner. |
#115
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: Tom Nieves
The PSA Financial Guarantee Of Grade & Authenticity |
#116
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: CoreyRS.hanus
Thanks for that information. |
#117
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: Bottom of the Ninth
PSA has always had a guarantee. It used to be on their website in several different places with a simple explanation. It was also footnoted in their financial statements. I am not sure if the guarantee is still in either of those places. However, present or not, I am very confident that Joe's claim as to a warranty, is nothing more than empty words. |
#118
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: Steve
Jeff I agree with you. |
#119
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: barrysloate
One of the things I don't understand about the warranties is that if a grading company is forced to buy back a card, at what level will it be? |
#120
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: CoreyRS.hanus
"PSA guarantees that all cards submitted to it shall be graded in accordance with PSA grading standards and under the procedures of PSA." |
#121
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: James Gallo
I have been keeping up with this thread and in my opinion this would solve all the problems. |
#122
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: Steve
Corey |
#123
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: leon
Joe O never called me back. Some might say that it was a stacked deck and I wouldn't be fair or objective and it was a no win for him. That is far from the truth. I would have reported back as to exactly what he said and would have even made sure by reading back his quote(s) to him to be addressed on the board so as NOT to misinterpret anything. I am not sure how I could have been more fair. Also, this board is very open and Joe could even come onto this board and make one statement about their company policies......It can be done effectively and has been done in the past....best regards |
#124
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: CoreyRS.hanus
Your damages would be to put you in the same position you would have been in had the grading company not missed the alteration when you first submitted the card. That would be then $200 plus accrued interest thereon (and the grading company would be entitled to sell the card and retain the proceeds). You would not be entitled to lost profits (i.e., the difference between what you paid for the card and what it is worth today). The reason for that is if the grading company had detected the alteration at the outset, you would never have purchased the card and therefore would never have had the opportunity to earn that profit. In regard to an argument that you would have put the $200 into another card that would have similarly appreciated, damages such as that would be regarded as too speculative and therefore unawardable. |
#125
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: CoreyRS.hanus
Steve, |
#126
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: Bruce Babcock
|
#127
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: Steve
I agree with you how it appears to read and I have a call into SGC to request clarification. |
#128
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: CoreyRS.hanus
Dave Forman and I had been playing telephone tag and we finally spoke this morning. He has authorized me to post the following information. |
#129
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: Steve
That is great to know, btw didn't he buy this company almost 3 years ago? |
#130
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: Anthony N.
<<James, interesting though that in regard to the Lionel Carter collection, arguably the most significant offering of high grade post-war cards in recent memory, Mastro chose to go with SGC over PSA.>> |
#131
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: CoreyRS.hanus
Steve, |
#132
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: Glyn
We stand behind EVERY card in our holders, and the guarantee is not just for 30 days nor is it limited to the submitter of the card. The website will be ammended to reflect the current policy as soon as we possible. We thank everyone for there support of SGC and if you have any other questions please give me a call. |
#133
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: Steve
Corey |
#134
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: LetsGoBucs
Well this is certainly a tough thread to keep track of |
#135
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: Brian
<<not one of the 500 largest holders of psa graded cards has or would submit their cards with the sole purpose of ridding the hobby of altered cards>> |
#136
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: JimCrandell
Brian, |
#137
|
|||
|
|||
PSA vs. SCG -- Discount Valuation
Posted By: Brian
I am sure some might pay for it but not me. I don't believe for a second you have an accurate list of the top 500. And I certainly don't believe you know each of those 500's collecting strategy and/or criteria by which they might resubmit. |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
T3 TURKEY RED PSA VS. SCG | Archive | Net54baseball Sports (Primarily) Vintage Memorabilia Forum incl. Game Used | 2 | 11-19-2008 09:31 AM |
D322 Wagner PSA 3 - Valuation question? | Archive | Pre-WWII cards (E, D, M, W, etc..) B/S/T | 15 | 04-18-2008 09:34 PM |
34 PSA Graded T205's & T206's 1's 2's & 3's for Sale 10% discount as well | Archive | Tobacco (T) cards, except T206 B/S/T | 0 | 11-16-2006 10:57 AM |
psa vs scg | Archive | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 2 | 01-23-2006 08:15 PM |
walter johnson GAI/PSA/SCG 4 needed. | Archive | 19th Century Cards & ALL Baseball Postcards- B/S/T | 1 | 01-11-2005 11:46 AM |