My PSA Damage Tale

[bobbyw8469]

Originally Posted by steve B

I do think the problem was likely somewhere in the process, and that someone along the line just said oops and let it go through as-is.

But I can't agree on only getting the insured value from PSA. The card went to them as a 7, and they damaged it. So they should pay the difference between the received grade and the grade after damage. (This sort of thing is on peoples court all the time usually when someone totals a borrowed car or wrecks clothes while dry cleaning)
Whatever company was the carrier for shipping would be responsible for only the insured amount. And could dispute it if it seemed unreasonable. Like if I insured a modern common for a few thousand hoping it would be lost or damaged.

I'd love to hear from one of our actual lawyers about how the difference in values would be determined. In other words, is it the values at the time of the damage, values at the time the damage was pointed out (assuming it was noticed quickly and not months or years later) Or if it got as far as court the values at the time of the decision?

I'd imagine that for nearly all collectibles there would be no or almost no difference. But here because of an odd market the values changed quite a bit over a short time.

Steve B

It's not just that. It went from a regular issue to a Milton Bradley issue. That alone increased the value substantially.