PSA/SGC Waiting Lines At 2019 National

[swarmee]

Yeah, it's a wall of text, but most of those points have been made in the previous threads that have rolled off the board. You might want to read more threads that talk about PSA's grade guarantee and what we've already discussed.
Not to say it can't be rehashed, just that it you're going to pontificate about it, we've already done it.

I'm not hoping for PSA's demise; you can see that because I want them to offload their financial risk onto PWCC and Moser and their other alterers. But if PSA doesn't come out and PUBLICLY STATE that they were incapable of detecting alterations, and have created/proven new techniques to catch these cards from being submitted in the future, I don't see how their company has any more value than the Set Registry, which will wither and die when people stop submitting cards knowing that the whole enterprise is built on fraud. I WANT PSA TO REFORM. But without a significant attack on its warranty reserve or law enforcement intrusion into its business, I don't see PSA having this "Come To Jesus" experience.

I don't agree with the PSA Apologists on this board and others that think that the status quo will never change. It's been about 2 months since the first PSA "conserved" Mantle was outed. Have people forgotten about this yet? Have the blowout detective agency (BODA) stopped finding altered cards? Have people that are invested in the hobby stopped posting about this endemic fraud? No. And the National is coming up in a month. The word about this fraud will only spread from here on out.

[drcy]

I think PSA, PWCC and Moser should all go under. PSA can be the exception only if it can entirely reform and change.

I think the grading system/business is corrupt, and is, in big part, concerned, focused and invested in things other than, and counter to, objective grading and authentication. And if it is unable or uwilling to objectively grade and authenticate, then it shouldn't be in the business . . . And that statement doesn't even touch on if they are capable of grading and authenticating.

If they were intellectually honest they would say "We have to dissolve the PSA Registry, or at least attach a big fat disclaimer to it, because these numbers are obviously not reliable and almost certainly wrong." But honesty and accuracy clearly are not essential to their business model. If they were they would have admitted long ago that the T206 Gretzky Wagner is trimmed and misgraded long. Refusing to admit the Wagner is altered and misgraded is akin to a scientific "authority" refusing to admit the earth rotates around the sun and materials are made up of atoms and molecules ("And we should trust your statements on other scientific topics why?"). And that right there is the problem.

Whether they will, or 'should' as some collectors might say, reform and change is a separate matter. Many collectors and dealers are fine with the old corrupt, and perhaps inept, grading system and want it to continue, because they also are focused and invested things other than, and counter to, objective grading and authentication. Many are literally invested in the system.

Now if PSA wishes to wholesale reform their system and model, then that would be a reasonable response I could subscribe to and support. But that would require a wholesale reform and change in philosophy. To use Thomas Kuhn's once radical and now cliched and misused terminology, it would require a paradigm change.

David Cycleback

[barrysloate]

Originally Posted by drcy

I think PSA, PWCC and Moser should all go under. PSA can be the exception only if it can entirely reform and change.

I think the grading system/business is corrupt, and is, in big part, concerned, focused and invested in things other than, and counter to, objective grading and authentication. And if it is unable or uwilling to objectively grade and authenticate, then it shouldn't be in the business . . . And that statement doesn't even touch on if they are capable of grading and authenticating.

If they were intellectually honest they would say "We have to dissolve the PSA Registry, or at least attach a big fat disclaimer to it, because these numbers are obviously not reliable and almost certainly wrong." But honesty and accuracy clearly are not essential to their business model. If they were they would have admitted long ago that the T206 Gretzky Wagner is trimmed and misgraded long. Refusing to admit the Wagner is altered and misgraded is akin to a scientific "authority" refusing to admit the earth rotates around the sun and materials are made up of atoms and molecules ("And we should trust your statements on other scientific topics why?"). And that right there is the problem.

Whether they will, or 'should' as some collectors might say, reform and change is a separate matter. Many collectors and dealers are fine with the old corrupt, and perhaps inept, grading system and want it to continue, because they also are focused and invested things other than, and counter to, objective grading and authentication. Many are literally invested in the system.

Now if PSA wishes to wholesale reform their system and model, then that would be a reasonable response I could subscribe to and support. But that would require a wholesale reform and change in philosophy. To use Thomas Kuhn's once radical and now cliched and misused terminology, it would require a paradigm change.

A big +1

And David has a new ebook out on baseball card authentication. It's on my to-do list to read over the holiday weekend. Let me thank you in advance for your effort.

[bnorth]

Originally Posted by barrysloate

A big +1

And David has a new ebook out on baseball card authentication. It's on my to-do list to read over the holiday weekend. Let me thank you in advance for your effort.

Awesome, got a link?

[Tim Zwick]

Courtesy of Al @ LOTG.....

https://online.flippingbook.com/view...70515-29356677

[samosa4u]

Originally Posted by Tim Zwick

Courtesy of Al @ LOTG.....

https://online.flippingbook.com/view...70515-29356677

Awesome! Thank you so much for providing this link!

I also have to read 'Ultraviolet light and its uses' by Cycleback as well.

[barrysloate]

Originally Posted by bnorth

Awesome, got a link?

I got an email from Love of the Game Auctions with a link.

Oops, someone already linked it.

[perezfan]

Originally Posted by drcy

I think PSA, PWCC and Moser should all go under.

I think the grading system/business is corrupt, and is, in big part, concerned, focused and invested in things other than, and counter to, objective grading and authentication. And if it is unable or uwilling to objectively grade and authenticate, then it shouldn't be in the business . . . And that statement doesn't even touch on if they are capable of grading and authenticating.

My opinion and others are free to disagree.

+1... very well said.

And with regards to Bob’s lengthy post, I’m glad he shared his perspective as a CPA/Auditor. I know some of it was redundant, but there’s some great insight there. I only hope that PSA is listening and acts accordingly.

[kateighty]

While I agree with the majority of what drcy said where's the name? Am I missing something here? Leon calling me up and asking for my info was mildly (ok actually extremely) terrifying but I get it now. 2k+ posts and one like this without a name.

[drcy]

Originally Posted by kateighty

While I agree with the majority of what drcy said where's the name? Am I missing something here? Leon calling me up and asking for my info was mildly (ok actually extremely) terrifying but I get it now. 2k+ posts and one like this without a name.

Fair point. Added my name to the bottom of my post.

[kateighty]

Originally Posted by drcy

Fair point. Added my name to the bottom of my post.

Awesome! You make many great points! No ill will or anything. Leon clearly has a life outside of n54 so just making sure we're all equally accountable when discussing similar points.

[drcy]

Originally Posted by kateighty

Awesome! You make many great points! No ill will or anything. Leon clearly has a life outside of n54 so just making sure we're all equally accountable when discussing similar points.

No offense was taken.

[mechanicalman]

Originally Posted by drcy

No offense was taken.

David, congrats on your book. You have one of the best card-related names on the board. You should consider working it into your profile as you seem to express many opinions in anonymity.

[kateighty]

I had mine as my signature and learned it had to be under real name in my profile settings. Hope this helps.

[Johnny630]

Originally Posted by swarmee

Yeah, it's a wall of text, but most of those points have been made in the previous threads that have rolled off the board. You might want to read more threads that talk about PSA's grade guarantee and what we've already discussed.
Not to say it can't be rehashed, just that it you're going to pontificate about it, we've already done it.


I'm not hoping for PSA's demise; you can see that because I want them to offload their financial risk onto PWCC and Moser and their other alterers. But if PSA doesn't come out and PUBLICLY STATE that they were incapable of detecting alterations, and have created/proven new techniques to catch these cards from being submitted in the future, I don't see how their company has any more value than the Set Registry, which will wither and die when people stop submitting cards knowing that the whole enterprise is built on fraud. I WANT PSA TO REFORM. But without a significant attack on its warranty reserve or law enforcement intrusion into its business, I don't see PSA having this "Come To Jesus" experience.

I don't agree with the PSA Apologists on this board and others that think that the status quo will never change. It's been about 2 months since the first PSA "conserved" Mantle was outed. Have people forgotten about this yet? Have the blowout detective agency (BODA) stopped finding altered cards? Have people that are invested in the hobby stopped posting about this endemic fraud? No. And the National is coming up in a month. The word about this fraud will only spread from here on out.

I agree with all you’re saying, I really hope and pray it happens.

It’s sad but the sheeple do not care one bit they’re addicted to the Registry and Pop Report.... Newport Beach and Mr Vault on the Lake Know this....They’re Smart they will stay hush hush �� Mr Vault on the Lake will refund the bad cards all under Newport Beaches Watch and Direction each will continue covering each other’s back side.....full on damage control....