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Old 08-30-2006, 01:19 PM
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Default Graded cards, bubbles, & misappropriated premiums...

Posted By: Jason

A little off-topic, but I thought it might be interesting to hear some of your far-more experienced thoughts on this...

Suppose PSA, (or any of the other grading companies) go belly up.

What happens to all the slabbed cards that are out there?
Does everyone break them out of the cases?
Do they retain any premium they may have enjoyed?
Wouldn't prices collapse for those that have been chased most aggressively for the Set Registries? - or would they simply be sent in to any remaining grading company to be crossed over?...

while I like some of the aspects of the grading services, I have to admit that part of me wants the grading company business model to fail so that prices fall back to something more fun and affordable...but that's just me being greedy...

anyway, any thoughts on this grading service premium and its permanency?
Jason

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