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

[perezfan]

Lots of cardboard missing on that one. I guess it’s not the first time Little Joe was deemed short.

What if we put a 1 in front of the 8? Would anyone here bet the under at 18?

[glynparson]

Originally Posted by perezfan

Lots of cardboard missing on that one. I guess it’s not the first time Little Joe was deemed short.

What if we put a 1 in front of the 8? Would anyone here bet the under at 18?

As long as the hobby exists as a place where large sums of money are spent on cards professional
Grading will remain a fixture. It may be a different company it may have different parameters than today but it will exist as long as big money is being spent in the hobby. If grading does it will be because a large part of the hobby dies with it.

[1952boyntoncollector]

Originally Posted by glynparson

As long as the hobby exists as a place where large sums of money are spent on cards professional
Grading will remain a fixture. It may be a different company it may have different parameters than today but it will exist as long as big money is being spent in the hobby. If grading does it will be because a large part of the hobby dies with it.

People can talk down saying the fact no civil lawsuits have been filed mean nothing in terms of the problems of the hobby

however i am not sure how we can be discussing the closure of million dollar businesses when not even a single lawsuit has been filed. (please correct me if i am wrong as i have not checked court dockets across the country, i just assume someone would of mentioned one on this or the other forums i look at)\

Yes I know Mastro this and that so it could happen without much but this involves so many more layers and time and cards changing hands and issues for bigger disputes etc....my opinion..

[Aquarian Sports Cards]

Originally Posted by 1952boyntoncollector

People can talk down saying the fact no civil lawsuits have been filed mean nothing in terms of the problems of the hobby

however i am not sure how we can be discussing the closure of million dollar businesses when not even a single lawsuit has been filed. (please correct me if i am wrong as i have not checked court dockets across the country, i just assume someone would of mentioned one on this or the other forums i look at)\

Yes I know Mastro this and that so it could happen without much but this involves so many more layers and time and cards changing hands and issues for bigger disputes etc....my opinion..

I don't understand why you assume people would report their legal goings on to you or this board.

[1952boyntoncollector]

Originally Posted by Aquarian Sports Cards

I don't understand why you assume people would report their legal goings on to you or this board.

with 1000s of cards...i would expect there would be many easy ones 'i got back my $200 bucks' etc....not a big secret...

plus others have already talked about PWCC reaching out to them.

this is a web baseball card discussion forum.....it wouldnt be unheard of for some people to share some things..

[Johnny630]

Jake what are your thoughts on this, Do think PWCC will attempt to recover damages via a large monetary civil lawsuit against PSA for all the bad cards they're buying back?
I can't see them just eating the cost of all these buy backs. All hypothetical... Prove we knew these cards were altered, we just crack and resubmit cards we believe to be under graded, we have no ties to such and such submitter's......we all have ideas on whom from the blowout discoveries.

Just wondering your thoughts?

[CuriousGeorge]

Do you seriously believe PWCC is in any position to sue PSA? Is this an early April Fools joke or do you really not understand what is going on here? PSA can break into the PWCC Vault and get caught on video and PWCC couldn’t/wouldn’t sue them.

Originally Posted by Johnny630

Jake what are your thoughts on this, Do think PWCC will attempt to recover damages via a large monetary civil lawsuit against PSA for all the bad cards they're buying back?
I can't see them just eating the cost of all these buy backs. All hypothetical... Prove we knew these cards were altered, we just crack and resubmit cards we believe to be under graded, we have no ties to such and such submitter's......we all have ideas on whom from the blowout discoveries.

Just wondering your thoughts?

[ullmandds]

Originally Posted by Johnny630

Jake what are your thoughts on this, Do think PWCC will attempt to recover damages via a large monetary civil lawsuit against PSA for all the bad cards they're buying back?
I can't see them just eating the cost of all these buy backs. All hypothetical... Prove we knew these cards were altered, we just crack and resubmit cards we believe to be under graded, we have no ties to such and such submitter's......we all have ideas on whom from the blowout discoveries.

Just wondering your thoughts?

does PWCC have insurance? Or am I mis-remembering?

[perezfan]

Originally Posted by glynparson

As long as the hobby exists as a place where large sums of money are spent on cards professional
Grading will remain a fixture. It may be a different company it may have different parameters than today but it will exist as long as big money is being spent in the hobby. If grading does it will be because a large part of the hobby dies with it.

Fully agree that card grading won’t go away in our lifetimes. But it could adapt, and have a vastly different look before we kick the bucket. Perhaps it’s the way cards are graded, perhaps it’s improved methods for detecting alteration, perhaps it’s a company that spends more time analyzing the cards, perhaps it’s a company that caters to collectors rather than shareholders, perhaps they ditch number grades in favor of descriptive ones, perhaps a company will enter the fray with a different take altogether.

I’d support a TPG that could simply deem a card as being unaltered, provided they could do it effectively. I know others would as well. Maybe there’s a niche for those who don’t give a hoot about the Registry, or paying 1000 times more for a card because it “appears” to be mint. I just have a hunch that something different will come along as the “mistakes” continue to be revealed. And if the FBI does intervene, it will only serve to accelerate the process.

[Mark17]

Originally Posted by perezfan

I’d support a TPG that could simply deem a card as being unaltered, provided they could do it effectively. I know others would as well. Maybe there’s a niche for those who don’t give a hoot about the Registry, or paying 1000 times more for a card because it “appears” to be mint. I just have a hunch that something different will come along as the “mistakes” continue to be revealed. And if the FBI does intervene, it will only serve to accelerate the process.

I wish SABR would create a subsidiary that, like their current retrosheet.org website, would be basically non-profit. But the grading could ensure a stable operating stream for everything else they do, by charging nominal fees.

In terms of integrity, knowledge and respect for the history of the game and so on, they are top notch. And with their organization doing the grading without a profit motive, at minimum any mistakes made would be honest ones.

Is anyone here a member of SABR? It would be an ambitious effort, but is it something they might at least be willing to look at?

[Peter_Spaeth]

Nice short sale.

https://www.blowoutforums.com/showpo...&postcount=182

[JeremyW]

PWWC can't absorb all of these possible returns, can they?

[Peter_Spaeth]

Originally Posted by JeremyW

PWWC can't absorb all of these possible returns, can they?

Maybe Johnny will pitch in to try to save himself with the government.