Quote:
Originally Posted by rand1com
If the max is $500K per collector and these guys have millions of dollars of trimmed cards, they are not sending any back to PSA.
At some point in time in the future, they will be sold in a major auction to someone else who believes they are legitimate so they are not going anywhere.
I cannot imagine anyone high on the registry on a particular set suddenly saying, "Oh, most of my high grade cards are trimmed according to a guy on Net54 so let me get them all into authentic holders and get $500K of my millions of dollars back."
You may well be correct about the authenticity of most high grade cards but the population of them is not going down significantly in our lifetime. One occasionally, maybe, but not thousands of them.
The major auction houses will not be rejecting high graded cards nor will they be advising the buyers that cards may be trimmed although in holders. At least not IMO.
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In this day and age, the flip, not the card, is what matters. PSA will be just fine, thank you, and it now has no competition. You can put the most obviously hacked up card up for auction and it will set records. Hell, people post cards here that are obviously not right, but the vast majority just ooh and aah.