PSA reholder issues - warning to submitters

[Fred]

Originally Posted by Yoda

I'm confused: If I am reading this correctly, upon receiving a card for re-holder, not review, PSA will still review the grade if there is a flaw in the slab and often will lower the current grade if they feel it is warranted. So, for example, if a consignor submitted a 1933 Goudey #53 Ruth for a re-holder because the case was slightly cracked, not affecting the card in any way, and the grader decides it is really a 4.5. Low and behold yes, the submitter has a nice new case with a revised current flip but with a lower grade, resulting in a market value drop of $thousands. Such a scenario would be a nightmare.

The way people look at slabs these days, I think the pretzel logic is that the condition of the plastic slab must be taken into consideration when re-grading/reviewing the card for re-holdering.

For those that didn't get it, this was an attempt at very poor sarcasm. However, think about it. People could now provide a picture of a slabbed card and also give the condition of the slab. A 10 would be a pristine slab with no scratches or frosting of the edges. If there are the typical scratches and a few other "plastic" inclusions (you know, like diamond grading), then the slab could fall into a 6 rating. A heavily scratched slab could be a 3 or 4 and if the edge has frosting, the it could drop it all the way to "PA" or potentially altered...