Quote:
Originally Posted by Peter_Spaeth
Good fake slabs have already made it into the market in force. There are many threads about this. Preferential bumps have been a fact of life since shows in the 1990s. Preferential grading is essentially a given, look at the biggest ebay store and tell me anyone thinks he could have submitted these same cards and received 20,000 or whatever the number is PSA 10s. The hobby didn't even blink when Mastro admitted he trimmed the Wagner, and Allen admitted he rebacked a T206 Plank. This is all old, old news. Respectfully, your assessment seems somewhat behind the times. You sound like Dennis Purdy writing in 1994 or maybe it was 1996.  20 years later, PSA and card values are doing just fine, thank you.
Hyper inflated values always will correct, but I don't see a major crash on the horizon. One of the great things about this hobby is that everyone thinks HIS cards are immune from the shenanigans. 
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I will admit that with all that and way more slimy stuff happening in the hobby constantly it amazes me beyond belief everyday that cards have any value.