PWCC is alive and well

[bnorth]

Originally Posted by bobbyw8469

Really?? Just like Mastro was OK when they got caught with their hands in the cookie jar? Remind me - Can I bid on a Mastro auction today?

No you can't but WOW did he make a boat load of cash and only got a slap on the wrist for it.

I am sure PWCC does have some legit customers. Too bad they are fueling the scam by using them. Just like the honest PSA customers.

Just like Nancy Reagan taught us that buying a dime bag leads to drug lords killing innocent people. We need to learn that using PWCC and PSA will lead us to having a completely worthless collection of altered cards. We need to stamp out PWCC and PSA before they completely ruin the hobby.

[Johnny630]

Originally Posted by bnorth

No you can't but WOW did he make a boat load of cash and only got a slap on the wrist for it.

I am sure PWCC does have some legit customers. Too bad they are fueling the scam by using them. Just like the honest PSA customers.

Just like Nancy Reagan taught us that buying a dime bag leads to drug lords killing innocent people. We need to learn that using PWCC and PSA will lead us to having a completely worthless collection of altered cards. We need to stamp out PWCC and PSA before they completely ruin the hobby.

It's unfortunately to late, PSA already has completely influenced the millions of sheeple who eat and drink from the registry and pop report. Auction Houses, Dealers, ebay seller and collectors have made millions off their brand.... they will keep shut as always..... need to pump their product. To many people make money off PSA for them to fail.

[bnorth]

Originally Posted by Johnny630

It's unfortunately to late, PSA already has completely influenced the millions of sheeple who eat and drink from the registry and pop report. Auction Houses, Dealers, ebay seller and collectors have made millions off their brand.... they will keep shut as always..... need to pump their product. To many people make money off PSA for them to fail.

I agree but even a complete moron with eventually quit hitting themselves in the thumb with a hammer. It just takes longer for some than others.

I also agree that scammers will do everything they can to keep the scam going. Cash is king, receipt what receipt.

[benjulmag]

Originally Posted by Johnny630

It's unfortunately to late, PSA already has completely influenced the millions of sheeple who eat and drink from the registry and pop report. Auction Houses, Dealers, ebay seller and collectors have made millions off their brand.... they will keep shut as always..... need to pump their product. To many people make money off PSA for them to fail.

So what's going to happen if a new TPG comes into being using advanced methods to weed out alterations, the result being for a card to hold its value a seller will be forced to have it re slabbed by this new company? Is the government going to shut down this new company because PSA is too big to fail?

The point is that the people who will decide the fate of PSA are not the people currently invested in it, but the new buyers who will be needed to sustain the hobby. And IMO no rational new buyer will opt for a currently graded PSA card if word has gotten out that they might be tainted and there is another grading alternative. Given the startup costs to create such a new TPG, I think one can safely assume that if this new company is successfully launched, its founders will have been smart enough to have budgeted that which is necessary to effectively market its product and make clear its superiority to current grading methods.

[drcy]

Originally Posted by benjulmag

The point is that the people who will decide the fate of PSA are not the people currently invested in it, but the new buyers who will be needed to sustain the hobby.

This is true-- and PWCC "investment theories" are premised on recruiting new buyers.

I've often said that the change will be how cards are priced. I've never said that these altered cards will be worthless or not collected, but priced differently. I think in the future, PSA numbers will be priced differently. I've suggested that in the future the price differential between a 9 and a 10 will be different because these micro differences in grade will be perceived differently.

Of course, many of these issues are perceived differently by the person who owns (is invested in) the cards as opposed to the person shopping for cards. The owner often overlooks issues that the shopping is consciously looking fro, the same way that many sellers dismiss (and sometimes omit) information that the buyer wants to know. Even if conservation and alterations are accepted and number gradable, the cards will be priced differently.

[oldjudge]

Originally Posted by benjulmag

So what's going to happen if a new TPG comes into being using advanced methods to weed out alterations, the result being for a card to hold its value a seller will be forced to have it re slabbed by this new company? Is the government going to shut down this new company because PSA is too big to fail?

The point is that the people who will decide the fate of PSA are not the people currently invested in it, but the new buyers who will be needed to sustain the hobby. And IMO no rational new buyer will opt for a currently graded PSA card if word has gotten out that they might be tainted and there is another grading alternative. Given the startup costs to create such a new TPG, I think one can safely assume that if this new company is successfully launched, its founders will have been smart enough to have budgeted that which is necessary to effectively market its product and make clear its superiority to current grading methods.

Sounds great theoretically, but I don’t see it happening. If anything, computer aided authentication may be added to PSA or SGCs current analysis. Having said that, I don’t know how it would work. Take an area I know a little about-Old Judges. Please tell me what you would have the machine look for to detect a rebacked card? As long as no trimming was necessary it’s really is tough to tell.

[Peter_Spaeth]

Originally Posted by oldjudge

Sounds great theoretically, but I don’t see it happening. If anything, computer aided authentication may be added to PSA or SGCs current analysis. Having said that, I don’t know how it would work. Take an area I know a little about-Old Judges. Please tell me what you would have the machine look for to detect a rebacked card? As long as no trimming was necessary it’s really is tough to tell.

I also wonder how a machine would look for a factory edge especially where some of the elite doctors are now able to do a passable job of simulating them? Maybe but sounds awfully futuristic.

[Fuddjcal]

Originally Posted by bnorth

No you can't but WOW did he make a boat load of cash and only got a slap on the wrist for it.

I am sure PWCC does have some legit customers. Too bad they are fueling the scam by using them. Just like the honest PSA customers.

Just like Nancy Reagan taught us that buying a dime bag leads to drug lords killing innocent people. We need to learn that using PWCC and PSA will lead us to having a completely worthless collection of altered cards. We need to stamp out PWCC and PSA before they completely ruin the hobby.

Very well stated Ben, but don't worry. "My submissions are popping" and I have such a warm feeling pissing down my leg with excitement... people are such IDIOTS PERIOD