Quote:
Originally Posted by Balticfox
While I agree that the grading companies do everything possible not to honour their guaranties, I think their business was built on these sham guarantees. Why else would collectors/dealers have started submitting their cards en masse?
I believe it. That's certainly the way it seems. After all, why bother doctoring a card that isn't going to sell for nosebleed prices?
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I have been collecting for longer than the grading companies have been around. I personally don't know a single person who bought a graded card because of the guarantee. At least no one has ever said I bought it because of the guarantee. Every single graded card was purchased because graded cards are worth more money. Funniest part is most collectors don't get how grading really works when it comes to value. Even funnier is many that constantly complain about grading companies only collect graded cards from the company they constantly complain about.