You are not the only one who hasn’t heard the term waterfront. But then again I d only been collecting for 1/2 my life and on this Board for over 10 years.

It may have to do with soaking a card. But context seems off. Certainly not a commonly used term.

Just remember that for some waterfront = van down by the river

I would think there are waterfront and there are waterfront. The ruth rookie etc is not something most of the community can afford or even afford to invest in but i i think a 10k card many more can, i would define a waterfront card as a card many people have had in their collection or a chance to get at one time or another....i know i never had a chance to get an T206 wagner but i did on some goudey ruth's etc.

.this was a quote i had about the green cobb being a waterfront card..



Default PWCC green cobb psa 5.5 going through the roof
http://www.ebay.com/itm/1909-11-T206...4AAOSw9mFWMm5z

bidding over $14,000 which has to be way over SMR... when I had two PSA 4s nicely centered Green cobbs..all I would hear about is SMR this and SMR that....

the waterfront properties really taking off...!

If someone buys a doctored card as an investment, doesn't know it is doctored, and sells it for a tidy profit, he/she is not a victim. If the person who buys it is happy with the card and also sells it for a profit, they are not a victim. There is definitely potential for some future owner of the card to become a victim, but that won't occur unless and until the doctoring of that card (asset) causes its market value to drop.

If I buy a nice looking T205 that looks a little narrow and may be trimmed, but I am happy with the card at the price I pay for it, I am also not a victim. This has, in fact, happened to me fairly recently.

The victimization of America................ To be a victim one must actually have something negative happen to them.

Yet even in this example the profit made is almost certainly going to be less than what it would have been without the fraud being exposed.

I'll bet in the vast majority of cases, the fraud has not been exposed to the people buying these cards.

You’re going to be eating a steady diet of government cheese and living in a VAN DOWN BY THE RIVER!!!

That is hilarious.:D

Government cheese used to be good, now it is that horrible fake stuff.:(

One time I actually bought imitation fake cheese. Just don't do it. :eek: All I know is; it was a yellowish substance.

True, but a drop in overall pricing would likely affect comparable sales.

To me this is a ridiculous way of looking at it.
As long as everyone profits off something that isn't as it's claimed, it's ok?

So by extension if I get a counterfeit 20, and pass it along that's ok too.
If I paint some rocks with gold paint, and say they're gold nuggets it's fine as long as the buyer can find another sucker?

Rubbish!

How can you know that they didn't lose out on more profit? Every educated collector knows the "trim" story.

Just because it was sold for a profit doesn't mean they "didn't suffer any loss from the trim job".

Does "imitation fake cheese" mean it's actually real cheese?

Fascinating! Back in 2015, this guy tossed a bunch of 1958 Topps out on eBay that were freshly PSA graded and all were 8 or better. Close inspection of the cards revealed that 90% of them had flaws that would in my humble opinon have made them at best 7s or even lower. I wrote they guy a note and told him I thought he was peddling a bunch of PSA overgrades and he sent me back a berating note.
It all makes so much more sense now......!!

Just looked at his current eBay store. Has 100 percent feedback and many high end PSA graded items.


https://www.ebay.com/sch/m.html?ssPa...herock&_sop=16

eBay feedback means absolutely nothing.

Agreed +1

Always got an answer don't you?
...

Did anyone see this new one Discovered On Blowout
BODA has done amazing forensics work

https://www.blowoutforums.com/showthread.php?t=1349101

Will REA have to Buy Back and Sue PSA for Damages or will Newport Beach Buy Back? Or Make The Consignor Buy it Back

PSA is TEFLON WATCH THEM GET AWAY LAUGHING ALL THE WAY TO THE BANK

No, fraud isn't okay. I didn't say it was (obviously.)

Home on the waterfront:D:D:D:D .

There are no damages so you can't add it to the billion dollar fraud, sorry. Doesn't count. No one has to pay.

It looks like our very own Desert Ice Sports is being looked into next as the possible addition to the "PSA Cavalcade of Stars". Something fishy there, they say?

Attention" ALL LEGAL morons, you know who you are...Please keep submitting cards and waiting 5 months for it to pop like an imbecile so we can keep this fine company in business. They react so well to the collector in everything they do to stop fraud. Newsflash: They are corrupt to the core. It is obvious to anyone with a sliver of a brain, like myself:). har har harde har har. The joke is on ALL OF US.:D:D

Another great job by BODA!

Really?

You in essence said that as long as the buyer profited it wasn't a problem.

LOL! People usually pay no attention to me, but it looks like BODA did read my earlier posts! They wrote the following:

Did You Win This $27,600 "Waterfront" Satchel Paige Card in REA's December Auction?

Oh no, not a Waterfront card!

Too funny! And yes, that Satchel Paige SP RC definitely is a waterfront card! Nice catch, guys! :)

Still trying to figure out from this post if I am a legal or illegal moron. By most accounts, I am at least some type of moron

Eric, all Hawkeyes are illegal morons.

Love,

Bucky Badger (who got outscored 20-2 in the last 8 minutes the other night to lose to the Hawkeyes - fire Greg Gard!)

the term waterfront is used and also on comments in that forum....

Oh man, does that bring up a memory. I went to my in-laws' house once just when my wife and I were dating and her grandmother put out some cheese. I took a chunk of what I thought was cheddar, popped it in my mouth, and nearly barfed. It was that processed fake crap. Little known fact: when you bite into it you hear a squeak.

We don’t need no stinking Badgers!

Think that turned out well for the good guys!

I said if a buyer bought a card as an investment (i.e. to make a profit) and he did make a profit, then he was not a "victim" as I would define the word.

Not interested in debating the definition of "victim" with you.

Are you implying that mice don't eat that 'cheese' but the 'cheese' eat the mice?

PSA is a fraud who has "graded" over a billion dollars of cards.

Therefore, it's a billion dollar fraud.

The fellas over on Blow Out should be commended for uncovering this stuff. I cannot imagine the time and diligence required, so congrats to them.

Lol, ticker JUST shy of 79 million!


Stil a ways to go

That's number of slabs, not $ value.

At a value of $12.50 each OMG it's a billion

Sent from my SM-N950U using Tapatalk

PSA Blowing Out Numbers


From CU's quarterly report.

Revenues from our trading cards / autographs business continued to show consistent growth. Those revenues increased by 35% in this year’s second quarter and represented record second quarter revenues for that business. Moreover, our card and autographs business has achieved quarter-over-quarter revenue growth in 37 of the last 38 quarters.

CLCT IS UP over 11% today wow !!!!!

This is a major sell sell sell

One cause may be that since they announced a price increase for 2020 that people dropped more subs in to beat the increase before end of 2019???