Its not just moser/pwcc...more trimmers exposed

[Bram99]

Originally Posted by benjulmag

It makes sense that if the technology exists to in a cost-effective way provide a significantly more reliable method of "grading" cards that it is just a matter of time before such a service is introduced to the market place.

Whether PSA would be the one to do it, that is another question. If it is PSA, that would be some spectacle -- PSA offering a new service that would put into plain view all the trimmed/altered cards that were missed by its old service. Just curious -- would a submitter be willing to pay a company for a service that shows that the company misgraded the card initially? In my view the reason many of the cards were misgraded initially was not because the old grading methods could not reasonably spot the alterations. They were initially misgraded because of sheer incompetence. So why then should someone have to pay the company to get it right the second time? And even if PSA would not demand the submitter pay if the re-grade established the initial grade was wrong, what about their warranty that accompanied the initial grade? I would think the first thing the submitter would do is demand PSA buy back the card. Then we would be getting into the whole mess of whether PSA would be required to make good on its warranty and the legal issues that could follow. In fact, the more I think about it, given this contingent liability, I question whether PSA would have any incentive to offer a more-technologically advanced grading service? .

Collectors Universe can simply start or invest in a competing company with better technology that is separate and avoid the need to refund original people duped by owning cards incorrectly graded by PSA. A great way to hedge their bets. Premiums for PSA opinions should fall no doubt.

[benjulmag]

Originally Posted by Bram99

Collectors Universe can simply start or invest in a competing company with better technology that is separate and avoid the need to refund original people duped by owning cards incorrectly graded by PSA. A great way to hedge their bets. Premiums for PSA opinions should fall no doubt.

Your point about hedging bets is a good one. The flip side is that the new company presumably would be an affiliate of PSA, and usually it is not the case a company creates an affiliate that would end up hurting in a big way one of its other companies. That said, I suppose if Collectors Universe sees the writing on the wall that the introduction of such a new high-tech grading company is inevitable to the market, they might as well be the ones to reap the benefits.

That would create some interesting advertising fodder for anybody starting such a new company and having to compete with Collectors Universe's version. I can only imagine the slogans that one could come up with asking potential submitters why on earth they would want to give their business to a company run by the same people who created the mess in the first place.

[Johnny630]

Would anyone be surprised if search warrants are to come......