1952 Bowman Stan Musial PSA 10 on eBay :o

[perezfan]

I don’t get the blind forgiveness either... other than they are already so monetarily invested in PSA slabs. Time for a new competent TPG to step forward. Or better yet, less emphasis on TPGs, period.

[Peter_Spaeth]

Originally Posted by perezfan

I don’t get it either.. other than they are already so monetarily invested in PSA slabs. Time for a new competent TPG to step forward. Or better yet, less emphasis on TPGs, period.

Just as the stock market moves or not in response to new information, this market either will or won't respond as it collectively deems the new information important. Nobody is coerced here, it's the aggregate of thousands of individual decisions. We'll see. Given the low entry barriers, theory at least would dictate that if there is a significant opportunity for a new grader, someone will make a go for it.

[luciobar1980]

For the record, I am the OP of THIS thread and was simply pointing out what I thought was amazing card. I see people referencing the "OP" but I believe /hope they are referring to a different thread.

[mark evans]

I think I need to clarify that my comments weren't meant to excuse PSA's failure to identify alterations, but rather that I did not see evidence of fraudulent activity. The company should, of course, be held accountable to meet whatever guarantees it has made with regard to its services.

[Republicaninmass]

The edge had a questionable trim in the 9 holder to begin with

[Peter_Spaeth]

Originally Posted by luciobar1980

For the record, I am the OP of THIS thread and was simply pointing out what I thought was amazing card. I see people referencing the "OP" but I believe /hope they are referring to a different thread.

Yah, they mean the guy who bought the card.

[oldjudge]

Originally Posted by Peter_Spaeth

Just as the stock market moves or not in response to new information, this market either will or won't respond as it collectively deems the new information important. Nobody is coerced here, it's the aggregate of thousands of individual decisions. We'll see. Given the low entry barriers, theory at least would dictate that if there is a significant opportunity for a new grader, someone will make a go for it.

Unless they can offer a better alternative to the PSA registry, it would be foolish for a new grading company to start up. The registry is what drives everything.

[Peter_Spaeth]

Originally Posted by oldjudge

Unless they can offer a better alternative to the PSA registry, it would be foolish for a new grading company to start up. The registry is what drives everything.

I imagine there are tons of collectors who don't have any registry presence. Yes, a competitive advantage for PSA to be sure, but not insurmountable.

[Dpeck100]

Originally Posted by Peter_Spaeth

I imagine there are tons of collectors who don't have any registry presence. Yes, a competitive advantage for PSA to be sure, but not insurmountable.

A good friend of mine has a really great wrestling card collection and is working on high grade Wrestling All Stars sets and he isn't remotely worried about the registry. That said the scarcity of the cards can drive market behavior.

No one is taking on PSA unless they were to get shut down. In order to use another grader for the majority of your collection you want their grades to be the most coveted. It is too great of feat to get the market to switch.

New grading companies certainly would be welcomed because competition forces companies to get better but the landscape is very well defined.

[Peter_Spaeth]

Originally Posted by Dpeck100

A good friend of mine has a really great wrestling card collection and is working on high grade Wrestling All Stars sets and he isn't remotely worried about the registry. That said the scarcity of the cards can drive market behavior.

No one is taking on PSA unless they were to get shut down. In order to use another grader for the majority of your collection you want their grades to be the most coveted. It is too great of feat to get the market to switch.

New grading companies certainly would be welcomed because competition forces companies to get better but the landscape is very well defined.

If people completely lose faith in PSA's ability to detect alteration, and many are close right now I think, that would offset the registry to a great extent in my opinion. Cards on which people spend 4 and 5 figures are being outed by the hour by three guys behind a keyboard. Imagine the real scope of this.

[Dpeck100]

Originally Posted by Peter_Spaeth

If people completely lose faith in PSA's ability to detect alteration, and many are close right now I think, that would offset the registry to a great extent in my opinion.

One of the comments you have made is that many collectors are so heavily invested in PSA that they have no incentive to change or appear concerned about recent findings. I think this is true and reinforces my belief the risks are too high for collectors to run from their PSA collections.