Outed cards, now including a 130K gain on an Aaron rookie

[Johnny630]

Originally Posted by Peter_Spaeth

Lol.
Clct 28.49 usd +2.67 (10.34%)

Wow !!! This one is to hot to chase....

[Peter_Spaeth]

Scandal? Nah. LOL. Joe is winning big.

[Johnny630]

Originally Posted by Peter_Spaeth

Scandal? Nah. LOL. Joe is winning big.

Agree Peter...

Guys holding big money in cards in PSA holders along with the investors aren’t going to change their minds. It’s the big time players that influence or move this industry...All logically this makes sense/fundamentally I do not like the longer term outlook for high end.

[Leon]

Originally Posted by Johnny630

Agree Peter...

Guys holding big money in cards in PSA holders along with the investors aren’t going to change their minds. It’s the big time players that influence or move this industry...All logically this makes sense/fundamentally I do not like the longer term outlook for high end.

As long as registry collectors don't care if they are defrauded it won't matter.

[Johnny630]

Originally Posted by Leon

As long as registry collectors don't care if they are defrauded it won't matter.

Agree Leon....

[egbeachley]

Originally Posted by Leon

As long as registry collectors don't care if they are defrauded it won't matter.

But high grade sets on the Registry have lost their luster. I just say “meh, big deal, they are all trimmed”.

[perezfan]

Originally Posted by Leon

As long as registry collectors don't care if they are defrauded it won't matter.

I think the Registry People fall into 4 basic categories...

1. Those who only care about the number on the flip. It does not matter to them, that the card is proven altered. Their undying faith and love for PSA supersedes any common logic and indisputable proof of alteration. They do not even question how the card received its assigned grade. They just like to look at the number.

2. Those who are in denial. They don't think there is any scandal brewing. They poo-poo the concept of card doctoring, and do not think the "before and after" photos constitute proof of any wrongdoing. They cannot even admit that the two images are of the same exact card. To them, the PSA assigned grade is the word of God.

3. Those who emphatically state "NOT MY CARDS". They acknowledge the doctoring and alterations, and PSA's thousands of grading errors. But miraculously, none of these "mistakes" apply to their specific cards! They know for a fact that their cards are good... either they were graded before the scandal, or they were looked at by a second set of eyes, or they were purchased from a reputable dealer, blah blah blah.

4. Those who care deeply, and value the credibility and legitimacy of their collections. They do not want any altered cards residing in their collections, yet they have no knowledge of the corruption. If they knew they were sitting on tainted cards (and spent huge sums of money acquiring them), they would demand justice.

I believe that #4 constitutes the biggest group. It's just a tiny percentage of collectors who frequent these forums, and are aware of what's really happening. If there was a better way to spread awareness, there would be more outrage, call for change, and ultimately some much needed regulation.

[Peter_Spaeth]

Excellent thoughts. I remember well a poster here from a decade ago who, at least in his public stance, fit squarely into category 3.

[drcy]

I think there is a 5) Those who believe many cards, including some of theirs, are altered but don't care, because all that matters is the number. They want that to be everyone's reality, and, to a degree in this hobby, it is.

[Leon]

Good old Jim C.
Twenty thousand slabs and every one perfectly legit. And no creases on that Wagner. Both are accurate statements.

Originally Posted by Peter_Spaeth

Excellent thoughts. I remember well a poster here from a decade ago who, at least in his public stance, fit squarely into category 3.

[glynparson]

Originally Posted by Peter_Spaeth

Excellent thoughts. I remember well a poster here from a decade ago who, at least in his public stance, fit squarely into category 3.

Correct Jim talked a good game but that was it.