Open letter to STAT and Christopher Morales

[Archive]

Posted By: <b>SC</b><p>STAT and Morales are being critiqued for the lack of teeth behind their gaurantee, i.e. "We are not responsible...only an opinion."<br /><br />Are there any authentication companies out there that WILL gaurantee their work? My understanding, when I was more involved in the industry, was that PSA/DNA (not to pick on them, just what I know) would only refund the authentication fees if an item turned out/was proven to be bad. Getting a check for $150 isn't much comfort if I bought a fake Ruth ball.<br /><br />I can certainly understand an authentication company's hesitation to slap a $25,000 gaurantee on an item for a $150 fee...but this isn't that uncommon in other industries, albeit often at a % of an item's value rather than a flat rate. <br /><br />If they don't have any such gaurantees, the various LOAs are nothing more than opinions, which are built on reputations that are only as good as the person's current standing in the industry.