PSA/SGC Waiting Lines At 2019 National

[barrysloate]

Originally Posted by drcy

That's what I've said. Even if altered 'high grade' cards are valued (and restored cards already have value), I find it hard to believe even a billionaire will place the same price difference between a 9 and a 10 knowing it's due to alteration in someone's basement.

At the least I expect a price correction. This will also be due to some, many, collectors leaving the hobby (for such card, at least) and paying less.

Someone argued that some will still value cards the same so things won't change. But that doesn't matter if a percentage don't. Prices across the board are a group thing, not a handful of people who don't care thing. If 20% don't care and 20% do, the 20% who do and no longer pay the $$ will help lower the prices.

Here's another reason David the prices of these cards will come down. In the battle between the card doctors who are trying to get their work past the graders, and the graders whose job it is to reject this garbage, the card doctors have just been given a rousing victory. They're popping the champagne, because if the TPG's refuse to acknowledge and fix this mess, they've given the card doctors the green light to continue doing what they've been doing. In fact, many will ramp up production. Heck, some might even hire a few trainees and teach them the tricks of the trade (when business is good you expand).

As a result, the number of altered cards in circulation will increase dramatically. Soon, there will be so many available they won't even be that hard to find. And if you increase the supply, prices will go down.

This is not a good look for the future of this industry. Nobody is listening to me, but I suggest TPG's take a really hard look at this problem before the hobby is ruined altogether.