SPORTS CARD RADIO (anonymus PSA "insider")

[mferronibc]

Originally Posted by drcy

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.

I think PSA is well aware of what a slippery slope this is. Even if they are coming up with more advanced technology to identify alterations in response to what is going on, I think there will be a lot of hesitation to roll it out. They'll basically have thousands of people who paid $$$ for a high graded card 5 years ago resubmitting and now being told the same card is altered and only worth $ and collectors will demand the $$ difference from PSA as it was their oversight in the first place when it was originally graded. Class action anyone??

I think it is going to take a new company with better technology to take on PSA and dethrone them as king (as least initially until this new company becomes just as corrupt over time and we're back where we started).

[perezfan]

Originally Posted by mferronibc

I think PSA is well aware of what a slippery slope this is. Even if they are coming up with more advanced technology to identify alterations in response to what is going on, I think there will be a lot of hesitation to roll it out. They'll basically have thousands of people who paid $$$ for a high graded card 5 years ago resubmitting and now being told the same card is altered and only worth $ and collectors will demand the $$ difference from PSA as it was their oversight in the first place when it was originally graded. Class action anyone??

I think it is going to take a new company with better technology to take on PSA and dethrone them as king (as least initially until this new company becomes just as corrupt over time and we're back where we started).

Lots of excellent insight in all of these posts, but I think the quote above says it best. Any new technology model that's introduced cannot involve or be utilized by PSA. There is just way too much conflict of interest. PSA is never going to take on the massive liability that would result from the thousands of previously slabbed cards being exposed as tainted.

They've already demonstrated they cannot be trusted, and that their only true loyalty is to shareholders and profits. As said earlier, any new TPG that enters the fray must provide a significant point of difference, in order to survive. They cannot just emulate what PSA is doing. Perhaps this includes a radically different grading scale, or simply deeming whether a given card is altered or original. In time, I believe that many collectors would embrace it.

In other words, the time is ripe for a new VEHICLE, baby!


Ps. Agree completely... great tune - great memories - cringe-worthy lyrics.