PSA Response from President Steve Sloan

[Peter_Spaeth]

For a slabbed card anyhow, I would define materiality as any alteration that -- if known to the grader -- would have resulted in the card not receiving a numerical grade. Best I can do off the top of my head. I'll think about it some more.

[Kenny Cole]

Originally Posted by Peter_Spaeth

For a slabbed card anyhow, I would define materiality as any alteration that -- if known to the grader -- would have resulted in the card not receiving a numerical grade. Best I can do off the top of my head. I'll think about it some more.

I would say that numerical grade. If you press a card and trim it so what used to be a 2 is now a 6, that is a material fact IMO and needs to be disclosed.

[Peter_Spaeth]

Originally Posted by Kenny Cole

I would say that numerical grade. If you press a card and trim it so what used to be a 2 is now a 6, that is a material fact IMO and needs to be disclosed.

I think we are saying the same thing, because if the improvement was known it would have been rejected altogether the second time around. But I'm fine with that formulation.

[Kenny Cole]

Fair enough. Now that I think about it more, I agree that we're saying the same thing.

[barrysloate]

Corey- the restoration on the bat looks beautiful. But I imagine there are some purists who would say it's best to leave the silver as is. How long would it have taken for the bat to materially decompose? Are we talking decades?

[benjulmag]

Originally Posted by barrysloate

Corey- the restoration on the bat looks beautiful. But I imagine there are some purists who would say it's best to leave the silver as is. How long would it have taken for the bat to materially decompose? Are we talking decades?

From what I was told, a skilled observer could detect microscopic deterioration already present. My red line when it comes to memorabilia is whether the treatment is needed to prevent deterioration. And too there is the subjective element which differs with the collector. To me, just knowing something is deteriorating and that treatment is the norm within the industry for such an object usually leads me to do the treatment.

[Scott L.]

That bat is f'n ridiculously cool.

[barrysloate]

Originally Posted by benjulmag

From what I was told, a skilled observer could detect microscopic deterioration already present. My red line when it comes to memorabilia is whether the treatment is needed to prevent deterioration. And too there is the subjective element which differs with the collector. To me, just knowing something is deteriorating and that treatment is the norm within the industry for such an object usually leads me to do the treatment.

That's a sensible approach. Beautiful bat.