Let's discuss conspiracies and a billion dollar fraud

[Johnny630]

Originally Posted by Peter_Spaeth

Back to the subject at hand, y'all are worrying needlessly.

According to Joe,

As far as the other question that you had in regards to this investigation of the auction here in our industry, I can answer it very short and sweet. We don't believe that there is anything of a material nature for our company to be concerned with.

and

And we think that in the overall scheme of our business that some of this has been blown way out of proportion. But we are very confident in the services that we provide and very confident in the grading staff that we have, and so is the public

Nothing in that earnings call makes me want to invest in his company.

[1952boyntoncollector]

Its been another several months....tons of different card owners out there that bought altered cards...yet zero lawsuits that i am aware of..

obviously people are satisfied with the card, the refund or the loss they are taking that its tough to put this in Category 5 scandal territory at least at this point.

[perezfan]

One quick trim to Yaz, and a $7,800 profit.

https://www.blowoutforums.com/showth...315750&page=25

Seriously... Is PSA really not in on this scam somehow? The revelations and new altered card examples are gaining steam instead of subsiding. No legitimate TPG can really be this bad. It has to be something else.

Since the blind majority are submitting in greater numbers than ever (and since PSA won't even acknowledge there's an issue), it appears our only hope is with the FBI. I hope they dig very deep on this, or an end will never be in sight. People will be submitting doctored cards in greater numbers than ever.

[PiratesWS1979]

Originally Posted by perezfan

One quick trim to Yaz, and a $7,800 profit.

https://www.blowoutforums.com/showth...315750&page=25

Seriously... Is PSA really not in on this scam somehow? The revelations and new altered card examples are gaining steam instead of subsiding. No legitimate TPG can really be this bad. It has to be something else.

Since the blind majority are submitting in greater numbers than ever (and since PSA won't even acknowledge there's an issue), it appears our only hope is with the FBI. I hope they dig very deep on this, or an end will never be in sight. People will be submitting doctored cards in greater numbers than ever.

THAT WAS MY YAZ!!

40
1
26809377
EXCELLENT-MINT 6
1965 Topps 170 Hank Aaron
Card
41
1
26809378
EXCELLENT 5
1965 Topps 207 Pete Rose
Card
42
1
26809379
NEAR MINT+ 7.5
1965 Topps 385 Carl Yastrzemski
Card
43
1
26809380
VERY GOOD+ 3.5
1966 Topps 50 Mickey Mantle
Card
43
2
26809381
VERY GOOD+ 3.5
1966 Topps 50 Mickey Mantle

[Peter_Spaeth]

I hope the criminal at least left you positive feedback.

[perezfan]

Originally Posted by Peter_Spaeth

I hope the criminal at least left you positive feedback.

And a small percentage of his $7,800 profit.

[PiratesWS1979]

Originally Posted by Peter_Spaeth

I hope the criminal at least left you positive feedback.

It was sent to Probstein so he possibly keeps records.

[drcy]

Originally Posted by perezfan

One quick trim to Yaz, and a $7,800 profit.

https://www.blowoutforums.com/showth...315750&page=25

Seriously... Is PSA really not in on this scam somehow? The revelations and new altered card examples are gaining steam instead of subsiding. No legitimate TPG can really be this bad. It has to be something else.

Since the blind majority are submitting in greater numbers than ever (and since PSA won't even acknowledge there's an issue), it appears our only hope is with the FBI. I hope they dig very deep on this, or an end will never be in sight. People will be submitting doctored cards in greater numbers than ever.

My guess is that PSA grades cards so fast that they cannot do a proper examination. They may well have the capabilities to identify the alterations, and many alterations are likely identifiable by conventional means, but PSA is about volume and speed.

Obligatory Seinfeld or Simpsons video clip: Homer and Barney's tour of the Duff Beer beer is made, focus on the assembly line quality control starting at 1:45

[Johnny630]

Move Along This is A Non Issue Guys

As far as the other question that you had in regards to this investigation of the auction here in our industry, I can answer it very short and sweet. We don't believe that there is anything of a material nature for our company to be concerned with.

Joseph J. Orlando, Collectors Universe, Inc. - CEO, President & Director [11]

and this

And we think that in the overall scheme of our business that some of this has been blown way out of proportion. But we are very confident in the services that we provide and very confident in the grading staff that we have, and so is the public

and this

Joseph J. Wallace, Collectors Universe, Inc. - CFO & SVP [43]

So I think this whole trimming issue that we spent a lot of time talking about today is really something that we don't consider material to our business. And we'd probably just like to leave it at that in terms of any additional questions on the subject.

Another Big Up Yours to Collectors :-( very sad state of affairs......the fun is being sucked out of this hobby

[barrysloate]

Originally Posted by drcy

My guess is that PSA grades cards so fast that they cannot do a proper examination. They may well have the capabilities to identify the alterations, and many alterations are likely identifiable by conventional means, but PSA is about volume and speed.

Obligatory Seinfeld or Simpsons video clip: Homer and Barney's tour of the Duff Beer beer is made, focus on the assembly line quality control starting at 1:45

I don't even need to see the video David. Hitler's head is in one of the bottles.

[Fuddjcal]

Originally Posted by barrysloate

I don't even need to see the video David. Hitler's head is in one of the bottles.

And Duff spelled backwards is FUDD

[Johnny630]

Chuck It’s A Shame Very Sad!!

Most do not care about the Cards At All!!!!

It’s all about making money they could care less about any of these Frauds.

Until PSA slabs start bring far less money the crap won’t stop I think it’s only going to get worse.