How do you think it all shakes out

[calvindog]

Originally Posted by Tabe

HAHAHA.

You didn't ask but you're gonna get the story anyway...

Roughly a decade ago, Burger King partnered up with Fox and did a "Simpsonize Me" web site. You submitted a picture of yourself and it would turn you into a Simpsons character. Or YOUR FREAKING CO-WORKER submitted a picture of you and then EMAILS IT TO YOUR ENTIRE TEAM. Guess which happened with me Anyway, I took a look at it and, well, it looks a lot like me in a caricature kind of way. And so it has become my avatar on most message boards.

I’m truly jealous. Such a cool thing to have.

[Peter_Spaeth]

Originally Posted by calvindog

I’m truly jealous. Such a cool thing to have.

https://www.pcworld.com/article/1723...Character.html

Post the results.

[Tabe]

Originally Posted by Peter_Spaeth

https://www.pcworld.com/article/1723...Character.html

Post the results.

Yep, the site in that article is the one that got used. Alas, it is long gone.

[barrysloate]

PSA will survive, but they are going to be writing a lot of checks. I'm sure they have many unhappy customers right now.

[Johnny630]

Big Money 6 figure investors will find another place to make money.

TPGSwill thrive after the smoke clears people still think their collectibles are worth more money in their holders......sheeple will continue to buy holders not cards.

Mid Grade and Off Grade Collectors will always be around bottom feeding for the cheapest cards they can possibly find to fill their sets.

Card Doctors Will Never Go Away....When the market gets over bought they flock when it sells off they disapear.... nothing new same old same...

This has always been a dark, dirty, behind closed door industry filled with fraud if you don't know by now wake up and smell the roses of reality

[Fballguy]

Originally Posted by Johnny630

Big Money 6 figure investors will find another place to make money.

TPGSwill thrive after the smoke clears people still think their collectibles are worth more money in their holders......sheeple will continue to buy holders not cards.

Mid Grade and Off Grade Collectors will always be around bottom feeding for the cheapest cards they can possibly find to fill their sets.

Card Doctors Will Never Go Away....When the market gets over bought they flock when it sells off they disapear.... nothing new same old same...

This has always been a dark, dirty, behind closed door industry filled with fraud if you don't know by now wake up and smell the roses of reality

Do you really think it'll be that much longer before repro cards are indiscernible from original? Altered original will come back into favor over indiscernible fake.

[rats60]

Originally Posted by Johnny630

TPGSwill thrive after the smoke clears people still think their collectibles are worth more money in their holders......sheeple will continue to buy holders not cards.

People don't need to think it, because it is true. I have been downsizing my collection. I have been able to get far more for nice condition cards graded than ungraded. I had only graded 1 card prior to 4 years ago when I started downsizing, but I refuse to throw away money selling for pennies on the dollar while someone else makes two or three times their money.

[perezfan]

Originally Posted by rats60

People don't need to think it, because it is true. I have been downsizing my collection. I have been able to get far more for nice condition cards graded than ungraded. I had only graded 1 card prior to 4 years ago when I started downsizing, but I refuse to throw away money selling for pennies on the dollar while someone else makes two or three times their money.

Yes, unfortunately that has been the case in recent years. But this thread focuses on what will happen moving forward. The extent of the TPG's ineptitude is just beginning to be revealed, and this is only the tip of the iceberg. Moser alone has been submitting altered cards for grading for over 15 years, and nobody knows how widespread they really are. There are likely countless others that have never been (and never will be) revealed. Serious doubt has been cast in all of our collections.

The TPG's level of arrogance and denial was made very apparent in PSA's recent Letter to collectors. They care only about profits... not the good of the hobby. So hopefully the word will spread outside of these forums. Hopefully Law Enforcement will take notice, and actually do something along the lines of Mastro/Legendary/Rogers. Those of us who are focused on integrity can only boycott these entities and try to deliver the message to a far wider audience. Money should not be the only factor driving the hobby.

That said... Nothing is likely to change.

[jammin0511]

My (far-fetched) prediction: As a result of the scandal, the integrity of grading companies will be significantly compromised, and "gem mint" cards will become much less desirable. A large percentage of the "investors" in the hobby (honest people who buy cards with the sole intention of making profit) will shy away from the market, and overall demand will decrease. "High end" vintage cards will lose value due to paranoia, and authenticity will become more important than condition. Finally, junk wax will make a huge comeback (no one is worried about their 1987 Donruss Barry Larkin being unknowingly altered) and my collection will be worth what my 1992 Beckett says it's worth

[Fballguy]

Originally Posted by jammin0511

My (far-fetched) prediction: As a result of the scandal, the integrity of grading companies will be significantly compromised, and "gem mint" cards will become much less desirable. A large percentage of the "investors" in the hobby (honest people who buy cards with the sole intention of making profit) will shy away from the market, and overall demand will decrease. "High end" vintage cards will lose value due to paranoia, and authenticity will become more important than condition. Finally, junk wax will make a huge comeback (no one is worried about their 1987 Donruss Barry Larkin being unknowingly altered) and my collection will be worth what my 1992 Beckett says it's worth

The ironic consequence...everyone becomes millionaires thanks to the closet of junk wax they couldn't bring themselves to throw away.

[cannonballsun]

I would say the card restoration/alteration business is way, way more widespread than we could guess.
In the SCD in 2008, they interviewed Dick Towle of Gone With The Stain. He said in 2008 that they had worked on 15,000 to 18,000 cards. That is over 10 years ago. They said that they started their company in 1993.
And that is only one company. I'm sure there are others out there.
They claim all their work is undetectable to card grading companies. I am sure many, many of those cards have been graded. Hopefully, cards that they worked on won't start disintegrating one day.
Until new technologies that can detect their work are discovered, I don't know what the grading companies can do