The downfall of the PSA boards.

[eomint]

This is my first post on these boards, I have been a member of the CU forums for many years and a collector of high end vintage. I have read the Net54 forums for a # of years, observing only...some of the posts are informative and in the true spirit of educating and sharing...others, such as this one bashing PSA, just serve to undermine the very hobby we all theoretically find so special.

I am a realist and not a sentimentalist, and good debate is valuable, I didnt even mind when people were questioning if I overpaid for the 55 Clemente 10, maybe I did and maybe I didnt, only time will tell. But most collectors, regardless of what they collect, wouldnt buy something if that something didnt have higher utility for them than the money/opportunity cost. And I think it's worth contemplating that and trying to be respectful of it.

PSA is the standard and clear market share leader in what they do. They are human and therefore mistakes can and will be made, but that does not mean that there is willful deceit or malice, I think David Hall, Joe, etc have always tried to do the right thing. Food companies have recalls, Tylenol had a big recall/scandal many years ago that has become an HBS case study in how to deal with crisis, and the bottom line is that while no entity is perfect, the way such entity handles tough issues or mistakes, admitting them, taking responsibility, offering to indemnify people, etc. is what determines longevity and whether any brand, including PSA, has enduring value.

I've really enjoyed the commradery of the CU boards and hope that Net54 will also continue to evolve into a forum for constructive dialogue about the hobby.

EOMINT