Stunning quote on altered cards

[Peter_Spaeth]

Originally Posted by perezfan

There's really no new news here, considering the source of this quote. I've commented on this fiasco repeatedly since the "scandal" broke. Sadly, it seems to make no difference.

I completely agree with the "lack of traction" aspect, but am afraid that the silence exhibited by most people on this forum is the result of them not wanting to admit to owning/selling altered cards.

Dealers, Flippers and grade-bumpers all adore PSA and will continue to defend them (or simply say nothing), despite the mountain of evidence that continues to accumulate. Most of these are obvious alteration jobs that any novice would have caught. There are now thousands of examples in numbered slabs, including those that PSA has reviewed and confirmed the grade... No conflict of interest there

I just pray that someday we discover the truth... whether it is PSA's ineptitude or that they are compliant in this disgrace with their favored submitters. Hopefully the FBI is still building its case, and karma will ultimately prevail. Then we will really have something to talk about.

My best guess at this point is that PSA and BGS over time made a deal with the devil, that is they tried to find a space that was manageable between still performing some screening function for hatchet jobs on the one hand and on the other hand not alienating completely the card doctors who were their biggest customers and who, after all, provided many of the cards most visible in the marketplace that pumped up the brands and the hobby. If it weren't for BODA I think that middle ground would have been much less visible to the average collector. SGC, different analysis, I'll keep that one to myself.