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-   -   PSA completely unethical (http://www.net54baseball.com/showthread.php?t=305372)

jkm412 07-27-2021 08:52 PM

Quote:

Originally Posted by Kutcher55 (Post 2127592)
They are still a small company $35m in a quarter is really peanuts for most businesses as is $10m operating income and the profit margin is nothing wild either. The premium the cards get over SGC which grades every bit as tough but has a much less checkered background is mind boggling to me.

i just don't understand how anyone can defend them. they created the graded market messed up the graded market and now they want people to be patient with them. and as an added layer of BS they went private so as not to answer to anyone. you can say it just business but i have noticed its mostly you all with the high end cards who don't want to mess up a good thing. and hell i don't blame you

sreader3 07-27-2021 08:56 PM

Again, I suggest that you do not use PSA if you think they do not provide a valuable service. I have personally stopped using them while this all sorts out. But I think the notion that they should not capitalize on the price premium that some collectors are willing to pay at the National for premium service is absurd.

You have a personal choice. It’s hot that hard. Do nothing.

jkm412 07-27-2021 08:58 PM

Quote:

Originally Posted by sreader3 (Post 2127604)
Again, I suggest that you do not use PSA if you think they do not provide a valuable service. I have personally stopped using them while this all sorts out. But I think the notion that they should not capitalize on the price premium that some collectors are willing to pay at the National for premium service is absurd.

You have a personal choice. It’s hot that hard. Do nothing.


you seem angry. is the value of your cards being jeopardized.

jkm412 07-27-2021 09:01 PM

Quote:

Originally Posted by sreader3 (Post 2127604)
Again, I suggest that you do not use PSA if you think they do not provide a valuable service. I have personally stopped using them while this all sorts out. But I think the notion that they should not capitalize on the price premium that some collectors are willing to pay at the National for premium service is absurd.

You have a personal choice. It’s hot that hard. Do nothing.

it's not that hard do nothing. do you and you alone know whats best?

jkm412 07-27-2021 09:13 PM

Quote:

Originally Posted by sreader3 (Post 2127604)
Again, I suggest that you do not use PSA if you think they do not provide a valuable service. I have personally stopped using them while this all sorts out. But I think the notion that they should not capitalize on the price premium that some collectors are willing to pay at the National for premium service is absurd.

You have a personal choice. It’s hot that hard. Do nothing.

Lets parse some of your BS statements

"I am sure there are collectors who have legitimate moral concerns about PSA but this is how many people, myself included (and probably PSA) view the situation."

these aren't moral concerns. these are basic service concerns. bottom line you pay for a service they should attempt to deliver. when you say you are making a best effort and then you throw out a sidebar "to make a little extra cash" you are a jagoff in pittsburgh parlance. plain and simple. and if you defend the practice you are either benefitting from the nonsense or you are a nincompoop.

Exhibitman 07-27-2021 09:24 PM

Quote:

Originally Posted by vtgmsc (Post 2125103)
I literally almost bought frozen White Castle Burgers last night at local grocery store in VT. I like them but they go through me quickly if you know what I mean! :)

Mike

Oversharing, dude. Definitely oversharing...

Quote:

Originally Posted by sreader3 (Post 2125066)
Yes I say tomato. Tomahto is stupid.

Let's call the whole thing off.

Quote:

Originally Posted by Flintboy (Post 2125063)
Incredibly long wait times, losing orders, slabbing altered cards, price gouging their customers and there are still people here who defend them.

Gordon Gekko: It's all about bucks, kid; the rest is conversation.

Quote:

Originally Posted by jkm412 (Post 2127600)
i just don't understand how anyone can defend them. they created the graded market messed up the graded market and now they want people to be patient with them. and as an added layer of BS they went private so as not to answer to anyone. you can say it just business but i have noticed its mostly you all with the high end cards who don't want to mess up a good thing. and hell i don't blame you

Lou Manheim: The main thing about money, Bud, is that it makes you do things you don't want to do.

Casey2296 07-27-2021 09:27 PM

Don't let your anger towards the current environment cloud your love of collecting cards. Make your collection exactly what you want and nothing else.

sreader3 07-27-2021 09:31 PM

Quote:

Originally Posted by Exhibitman (Post 2127618)
Oversharing, dude. Definitely oversharing...



Let's call the whole thing off.



It's all about the money; everything else is conversation.

Yeah, okay. But tomahto really is lame.

jkm412 07-27-2021 09:56 PM

Quote:

Originally Posted by Exhibitman (Post 2127618)
Oversharing, dude. Definitely oversharing...



Let's call the whole thing off.



Gordon Gekko: It's all about bucks, kid; the rest is conversation.



Lou Manheim: The main thing about money, Bud, is that it makes you do things you don't want to do.

dude please oversharing? stop

jkm412 07-27-2021 09:57 PM

Quote:

Originally Posted by sreader3 (Post 2127621)
Yeah, okay. But tomahto really is lame.

yes

jkm412 07-27-2021 10:19 PM

Quote:

Originally Posted by Casey2296 (Post 2127619)
Don't let your anger towards the current environment cloud your love of collecting cards. Make your collection exactly what you want and nothing else.

Honestly no anger. There are individuals who make a living at this at all costs. and they take advantage. and whatever.

Casey2296 07-27-2021 10:24 PM

Quote:

Originally Posted by jkm412 (Post 2127641)
Honestly no anger. There are individuals who make a living at this at all costs. and they take advantage. and whatever.

And those people should not matter when it comes to building your personal collection.

Kutcher55 07-28-2021 04:36 AM

They are a small business that is experiencing severe growing pains and is struggling to scale up. This is a common theme in any number of industries. I feel slightly bad for those whose cards are stuck with them but they aren’t the only option. Their competition has mobilized and seems to be outflanking them these days but for many collectors it remains PSA or bust. It’s important to keep in mind that situation will evolve. They are going through an ownership change and are washing their hands of Orlando who will get a nice golden parachute. New ownership needs to be nimble and respond to the market or they risk falling behind. Despite all their missteps they still retain a good degree of brand equity in what still appears to be a growing market.

As for the original assertion that they have “some nerve” as my granny used to say doing quick grading in the National I think it’s debatable. Not sure if I’d say it’s flat out unethical but it’s hard to feel that bad for anyone whose cards are stuck with them month after month. This company has had issues for years now but their cards still get a premium. Whether that remains the case 5 years from now will be interesting to see. Those who submitted should have been well aware of the risks & upsides of their decision to patronize them.

Johnny630 07-28-2021 04:49 AM

PSA is what it is because it brings the most money for their slab. That’s it. They could be the most unethical company in the world but it doesn’t matter when it comes down to what sells for the most, that’s why they make the most. Morals Ethics Ha it's all about profits.

Kutcher55 07-28-2021 05:42 AM

Ethics matter to a lot of people and if they don’t watch out their brand equity can further erode and their cards will lose value relative to other TPG’s. That’s how competition is supposed to work anyways and I think we could see that play out if PSG’s new ownership doesn’t play their cards right and get it together.

mrreality68 07-28-2021 06:27 AM

Quote:

Originally Posted by Kutcher55 (Post 2127684)
Ethics matter to a lot of people and if they don’t watch out their brand equity can further erode and their cards will lose value relative to other TPG’s. That’s how competition is supposed to work anyways and I think we could see that play out if PSG’s new ownership doesn’t play their cards right and get it together.

Jason I agree with Johnny M. Above and we hope you are right about their new management

bobbyw8469 07-28-2021 08:10 AM

Quote:

Originally Posted by mrreality68 (Post 2127702)
Jason I agree with Johnny M. Above and we hope you are right about their new management

I hope so too. I will keep the board informed on how they handle my situation.

fkm_bky 07-28-2021 09:48 AM

Taking a slight tangent here, which seems to be a common occurrence in this thread so please bear with me :)

I want to primarily have my cards in SGC holders for consistency and I simply like the looks better. I am less concerned about the premium a PSA case carries with it since most of my cards are lower grade anyway.

Anywho...to the question. Do you suggest I send my cards that are in non-SGC holders as is and cross-over, or break them out and send them over "raw" and take a bit of a risk?

I just don't want to get into the game of having a PSA or other sent back to me again and then breaking out and resubmitting

I'm less concerned with my PSA holdered cards, but more thinking of my GAI/BVG cards. I know a 1 or a 2 when I see it so it's not so much looking to try and get a upgrade from a different service and just have a consistent look to all of them. I like the protection the holders provide and they just show better.

Thanks for any insight. It's been at least 15 years since I've sent cards in to TPG services so I know a lot has changed.

Regards,

Bill

glchen 07-28-2021 11:15 AM

1 Attachment(s)
There's nothing unethical about PSA offering onsite grading at National. The OP is comparing apples to oranges here. PSA is still offering walkthrough service online, so it's not as if they shut down everything. In addition, PSA and the other TPGs have always offered certain services and discounts at National that were not available to other customers. It's one of the perks of going to National. As others have said, if you don't like PSA, don't use them. You can use SGC or CGC. (Beckett's service delays are comparable to PSA, I believe.) No one's forcing anyone to use PSA. PSA's issues have been repeated ad nauseum on this board and other boards for YEARS. If folks are surprised by anything PSA does, they're living under a rock.

For myself, I still use PSA, and I'm happy with them. They've had one of my submissions since January. No biggie. I have patience. I still have my 15 card Collector's Club voucher that I need to use before it expires, so I'm planning another submission to them soon. As long as they don't lose my cards (sorry, Bobby and the other submitters there!), I'm good. I also use SGC and Beckett regularly.

This thread obviously needs some PSA cards. Here are some of my favorites.

Exhibitman 07-28-2021 11:22 AM

Well damn, Gary, go ahead and drop that little bomb.

https://photos.imageevent.com/exhibi...ike%20drop.gif

maniac_73 07-28-2021 11:25 AM

Quote:

Originally Posted by jkm412 (Post 2127576)
regardless of how i look. PSA is a down the line company and if the economy fell apart tomorrow they would be done and all the cards on this board would not be worth the heat they would generate if lit on fire. PSA should be grateful for the business. so posit whatever you want. PSA should do their job. end of story

I think this was disproven in March 2020 when the economy was toast and cards shot up in value

bobbyw8469 07-29-2021 03:25 PM

Quote:

Originally Posted by maniac_73 (Post 2127811)
I think this was disproven in March 2020 when the economy was toast and cards shot up in value

And now cards have shot back down in value.

Eric72 07-29-2021 05:14 PM

Quote:

Originally Posted by bobbyw8469 (Post 2128239)
And now cards have shot back down in value.

Except, of course, the cards I've been shopping for.

:(:eek::mad:


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