Quote:
Originally Posted by Bram99
Collectors Universe can simply start or invest in a competing company with better technology that is separate and avoid the need to refund original people duped by owning cards incorrectly graded by PSA. A great way to hedge their bets. Premiums for PSA opinions should fall no doubt.
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Your point about hedging bets is a good one. The flip side is that the new company presumably would be an affiliate of PSA, and usually it is not the case a company creates an affiliate that would end up hurting in a big way one of its other companies. That said, I suppose if Collectors Universe sees the writing on the wall that the introduction of such a new high-tech grading company is inevitable to the market, they might as well be the ones to reap the benefits.
That would create some interesting advertising fodder for anybody starting such a new company and having to compete with Collectors Universe's version. I can only imagine the slogans that one could come up with asking potential submitters why on earth they would want to give their business to a company run by the same people who created the mess in the first place.