PSA-A Cautionary Tale!

[CMIZ5290]

Originally Posted by CaramelMan

Mbmiller is not a PSA basher...in fact I used to think of him as a PSA supporter....
This is a sad thread.....

Scott- did not mean Matt, but others on the Board....

[CMIZ5290]

I have spoken with Joe Orlando for about 25 minutes, maybe longer....As I said before in other posts, both sides need to be heard pertaining this situation. From Talking to Joe, the beginning of the conversation is pretty much agreed upon, but then rapidly changes. Joe relayed to me that any open discussions can be made to him personally, and he is always open to talking with Net54 members....

[nolemmings]

I know a coin dealer who submitted a 4K coin 65 times at over $100 a pop walk thru, on the 65th try the coin got the grade he felt it deserved and became a 45k coin......

So when he sold it can be said he flipped a coin?

[CMIZ5290]

the silence is chilling....

[vintagetoppsguy]

Originally Posted by CMIZ5290

the silence is chilling....

What are we supposed to say? You talked to him, not us. Just go ahead and tell us what he said.

[CMIZ5290]

Originally Posted by vintagetoppsguy

What are we supposed to say? You talked to him, not us. Just go ahead and tell us what he said.

call Joe, 888-469-2646

[vintagetoppsguy]

Originally Posted by CMIZ5290

call Joe, 888-469-2646

Kevin, there is no need for every interested board member to call Joe. He spoke with you, can't you relay what he said? Did he say not to say anything?

[BBSD]

Matt- Sorry for your loss, that sucks. Please post a picture of your returned card you said you would post? Thanks, Barry

[tschock]

Originally Posted by CMIZ5290

call Joe, 888-469-2646

"You are probably right Pete, I'm sure Joe has better things to do than worry about this forum.... "

Yeah, and he probably has better things to do than have everyone call him asking the same question, yet that is what you offer? Classic.

[RichardSimon]

Originally Posted by CMIZ5290

call Joe, 888-469-2646

Hey Joe,,, how bout that Wagner card, huh?

[japhi]

To me, the big issue here is favoritism and conflict of interest. A big part of the crack and submit game is the risk involved with damaging the card during the crack out, and the risk of potentially getting a lower grade. Factor in higher grading fee's for high value cards and crack and submit can be a risky game.

In this case, the OP had a relationship with the President of PSA and because of that relationship he received favorable treatment. There was no risk of a downgrade because PSA had the slabs. PSA was going to crack the cards and assume the risk (realized) of a damaged card. Furthermore the regular fee's and process were bypassed. I get why Joe was pissed with the OP's reaction - he was doing the OP a huge favour.

This just re-enforces that retail submitter's like me have no chance, the game is rigged. My cards need to go on separate orders, with separate shipping and they are handled by a random grader.

The OP's cards are graded for free and handled personally by the President of the company.

I'm not into all the conspiracy theories that pop up on these boards but the grading process is far too loose This wouldn't be an issue if there wasn't so much money involved.

Frankly I'm amazed that the President of PSA is this involved in the day to day grading of cards... in this case it bit him in the ass, he took on a stupid amount of risk for no obvious upside. How many submitter's are there out there like the OP that have a relationship with Joe and get favours? The process lacks integrity.

[slidekellyslide]

Originally Posted by japhi

To me, the big issue here is favoritism and conflict of interest. A big part of the crack and submit game is the risk involved with damaging the card during the crack out, and the risk of potentially getting a lower grade. Factor in higher grading fee's for high value cards and crack and submit can be a risky game.

In this case, the OP had a relationship with the President of PSA and because of that relationship he received favorable treatment. There was no risk of a downgrade because PSA had the slabs. PSA was going to crack the cards and assume the risk (realized) of a damaged card. Furthermore the regular fee's and process were bypassed. I get why Joe was pissed with the OP's reaction - he was doing the OP a huge favour.

This just re-enforces that retail submitter's like me have no chance, the game is rigged. My cards need to go on separate orders, with separate shipping and they are handled by a random grader.

The OP's cards are graded for free and handled personally by the President of the company.

I'm not into all the conspiracy theories that pop up on these boards but the grading process is far too loose This wouldn't be an issue if there wasn't so much money involved.

Frankly I'm amazed that the President of PSA is this involved in the day to day grading of cards... in this case it bit him in the ass, he took on a stupid amount of risk for no obvious upside. How many submitter's are there out there like the OP that have a relationship with Joe and get favours? The process lacks integrity.

This elephant in the room was already identified and beaten to death years ago...the more money you spend at PSA the more privileges you get. The registry is a farce. Can you imagine having a friend working as a grader at PSA? It'd be like printing money.

[CMIZ5290]

Originally Posted by slidekellyslide

This elephant in the room was already identified and beaten to death years ago...the more money you spend at PSA the more privileges you get. The registry is a farce. Can you imagine having a friend working as a grader at PSA? It'd be like printing money.

Dan- no offense, but it's better to print money (PSA) than play with monopoly money (SGC)

[pepis]

Originally Posted by japhi

To me, the big issue here is favoritism and conflict of interest. A big part of the crack and submit game is the risk involved with damaging the card during the crack out, and the risk of potentially getting a lower grade. Factor in higher grading fee's for high value cards and crack and submit can be a risky game.

In this case, the OP had a relationship with the President of PSA and because of that relationship he received favorable treatment. There was no risk of a downgrade because PSA had the slabs. PSA was going to crack the cards and assume the risk (realized) of a damaged card. Furthermore the regular fee's and process were bypassed. I get why Joe was pissed with the OP's reaction - he was doing the OP a huge favour.

This just re-enforces that retail submitter's like me have no chance, the game is rigged. My cards need to go on separate orders, with separate shipping and they are handled by a random grader.

The OP's cards are graded for free and handled personally by the President of the company.

I'm not into all the conspiracy theories that pop up on these boards but the grading process is far too loose This wouldn't be an issue if there wasn't so much money involved.

Frankly I'm amazed that the President of PSA is this involved in the day to day grading of cards... in this case it bit him in the ass, he took on a stupid amount of risk for no obvious upside. How many submitter's are there out there like the OP that have a relationship with Joe and get favours? The process lacks integrity.

Matt,
welcome to the boards!,
very good analogy exactly what happened! money customer gets favorable
treatment that went bad, and that could expose kind of shady behavior by the head guy and doesn't want the public to find out, so he acts in his normal
totalitarian way, in an attempt of damage control.

[chaddurbin]

didn't see japhi's post before...agree with him completely. maybe this will teach joe to do any more favors.