Class action suit filed against PSA, PWCC and Probstein

[swarmee]

Originally Posted by Lorewalker

An prefect example of why it is so dangerous to believe everything one reads...especially on a hobby chat board. That statement is absolutely not accurate if you read this post https://www.blowoutforums.com/showpo...&postcount=244.

OK. Seems more likely that the benevolent trimmer may have sent back in the flips to have them removed from the pop report. Good thing that's been solved.
Crux of the matter: Cards broken from slabs. Cards altered. Cards given number grades by PSA. Cards sold for thousands by Heritage. PSA knows the score. Both they and Heritage were informed of the cards while up for auction. Did any get pulled?

[Lorewalker]

Originally Posted by swarmee

OK. Seems more likely that the benevolent trimmer may have sent back in the flips to have them removed from the pop report. Good thing that's been solved.
Crux of the matter: Cards broken from slabs. Cards altered. Cards given number grades by PSA. Cards sold for thousands by Heritage. PSA knows the score. Both they and Heritage were informed of the cards while up for auction. Did any get pulled?

Don't disagree but it is a better look when one is accurate. The statement I highlighted was not factual. I did not dispute the rest of your post.

[Johnny630]

I am one of the only one’s who thinks the Pump&Dump Shill Bidding is way worse than the altering not being caught?

Don’t get me wrong I don’t like altering at all but to me the real ridiculousness was the stuff going on over at PWCC...maybe that’s a better way to get some justice. Wasn't there direct electronic email evidence of that guy who owns PWCC writing a guy/bidder to take the next bid on a card, you won’t be outbid ? Didn’t Mastro go to Jail over Shill Bidding and not Trimming ?

[Peter_Spaeth]

Personally I would rather buy a natural card at a shilled price than an altered card at an unshilled price.

[BobC]

Originally Posted by Peter_Spaeth

Personally I would rather buy a natural card at a shilled price than an altered card at an unshilled price.

Absolutely agree, great point! Even if I'm getting shilled, I normally will not bid/pay over what I feel a particular card or item is worth. As such, even though I may have ended up paying more for an item than I really should have had to, I get something I wanted, at a price I was willing to pay all along. You at least have something that is real and the correct value, at least to you. Theoretically, you can turn around and sell the card/item to get back most or all of your money, if needed.

Finding out you got stuck with an altered /trimmed card after the fact is very different though. Chances are you find out long after acquiring the card/item, and therefore maybe have no recourse against the seller. And now that you know the card/item has in fact been altered/trimmed and previously misrepresented, you can't just go and sell it to someone else and have any hope of getting even close to what you originally paid for it back. Unless you go to the dark side and try to pawn it off on someone else without disclosing the alteration/trimming first.