Outed cards, now including a 130K gain on an Aaron rookie

[Peter_Spaeth]

Originally Posted by WhenItWasAHobby

The body count just increases.....

I read through the entire thread and in addition to the Cheevers card, there was some VERY ENLIGHTENING BIT OF NEWS IF TRUE (maybe the bubble has finally burst and they see this as their only way of surviving as a business):

"A PSA representative told a collector at the Chicago show this weekend that they don't issue refunds for altered cards.

Last week, PSA returned a collector's proven trimmed card in the same PSA 10 slab that was sent in to receive compensation under their Grade Guarantee. They were told to seek a refund from the seller. The only problem is the card has quadrupled in value since they purchased it.

Good responses there when PSA doesn't even want to acknowledge or honor their Grade Guarantee."

https://www.blowoutforums.com/showpo...2&postcount=59

I'd be curious if anyone else had heard about this stance allegedly held by PSA? Any comments regardless?

Well we saw Sloan urge people to go to their sellers first, way back when this first broke. That said, I am aware of at least one instance where PSA paid someone whose cards had appreciated the difference between his purchase price (which PWCC refunded) and market value. This is the first I've heard of PSA allegedly expressly disclaiming their guarantee altogether. Too many levels of hearsay for me to take it as gospel.