What this seems to indicate is that people will pay more today to have a card slabbed than they actually paid for the card many years ago.
What a total scam on the TPGs part. What's really sad is that people actually buy into their business model.
How do they justify the fees? They don't seem to back up what they've graded in the past too well. Does that mean, since it's a known fact, that the PSA8 (first graded Wagner) should be in a holder with an "A" that they would be responsible for paying the owner the price between the "A" grade and the "8"?
If people are really paying that much to have cards graded, then PSA stock should have a high valuation. Yikes.
