Let's discuss conspiracies and a billion dollar fraud

[egbeachley]

In all seriousness, I think we have reached the tipping point.

If you want unaltered cards in your collection you are safer buying them raw rather than graded.

[drcy]

Clearly, collectors are going to have to rely on more that the professional graders to judge if a card is altered. And one learns how to identify alterations by owning and examing raw cards.

And there will be a point that a particular collector can do a better job than the professional grader at identifying if his cards are altered, if only because they spend more time examining the card. In fact, considering the time professional graders take to examine a card, there's no reason to believe that there will soon be many collectors better able to identify alterations than grader-- but this won't include collectors who only buy graded cards and keep them in the holders..

[brianp-beme]

For some reason for four decades I have not felt involved in the 'I view cards as an investment' got to get it graded and boost my registry faction. Therefore I decline to do anything but stand on the sidelines as the monster that was created from greed comes crashing down.

Brian

[Johnny630]

Originally Posted by brianp-beme

For some reason for four decades I have not felt involved in the 'I view cards as an investment' got to get it graded and boost my registry faction. Therefore I decline to do anything but stand on the sidelines as the monster that was created from greed comes crashing down.

Brian

Well Said Brian

People still do not think it’s gonna crash....they think everything is fine....hobby is flouring will only go up......

A fool and his money are soon parted.

[bnorth]

Originally Posted by Johnny630

Well Said Brian

People still do not think it’s gonna crash....they think everything is fine....hobby is flouring will only go up......

A fool and his money are soon parted.

I wish it would crash but I still believe it is business as usual. Just look at all the collectors lining up to send cards to PSA. They don't give a fook about the hobby.

[Johnny630]

Originally Posted by bnorth

I wish it would crash but I still believe it is business as usual. Just look at all the collectors lining up to send cards to PSA. They don't give a fook about the hobby.

No they don’t and it will crash...get your shopping list ready for a year or two down the road :-) that’s the one major positive in all of this....Much better levels to come for buying cards

[Rhotchkiss]

The card market will crash, and so eventually will the economy (and the latter may have more effect on the former than this scandal). And like the economy, the value of cards will eventually rebound. Cards have gone up in value consistently over many decades- there have been peaks and valleys, but each peak is higher than the last (like stocks, real estate, etc). If you buy the right cards and you are long on those cards, I think “collectors” will do just fine. The question is: what are the “right cards”? That’s a subject for another thread.