Quote:
Originally Posted by hcv123
They have a value cap of $199. They are charging $22 (+ 2 way shipping). That means in a BEST CASE scenario for the submitter PSA is pocketing 11% of the value of the card. If it comes back a grade or two lower than expected - 30%, 50%, 80%? That seems like an exorbitant amount of money as a percentage of value.
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Yeah. I think you have them figured out. They control both the 'generally accepted value' of cards they grade AND what grade they give.
How is that not illegal?
Additionally, they limit their 'price guides' to only certain cards in certain grades, so, even the most careful of us have a devil of a time deciding which cards are even worth the effort.
One possible solution: Purchase stock in Collectors Universe. (add rim-shot were applicable)
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