Class action suit filed against PSA, PWCC and Probstein

[steve B]

Originally Posted by trambo

Of course someone would take it that way. There's no doubt an issue but it's not a new issue. This is the current iteration of something that's been going on for decades. People trim, color and otherwise alter cards. Those people are bad. That hasn't changed. What seems to have changed are those people who relentlessly beat the drum in front of people who already are well aware there's an issue and bash and bully them if they don't also start beating the drum.

There's an issue. I'm aware. I don't think it's as bad as the people who keep calling me an idiot, stupid, a sheep and lots of other words I don't care to post think it is. I've also not buried my head in the sand. I own and use a ruler. I own several loupes. I don't buy from PWCC. I still collect PSA graded cards. I'm paying attention. So please don't say just because people want to have discussions about other things have heads buried in the sand. It's just that we get it!

I'm sure there are many others who read these boards that feel the same way.

Other than the part about still collecting PSA cards I'm in nearly the same spot. Magnifier, good measuring tools, knowing what to look for.
It's not that I won't collect a card that PSA has already graded, but I probably won't send them any either. And likely won't be interested in paying a premium either. Not like I did in the past, I have maybe 5-6 PSA graded cards, and most of those came out of packs. (I have an ACU-Grade graded card, so obviously even a sketchy grading slab isn't out of the question at the right price. And yes, it's trimmed.)

I also really doubt I'll send any more to either SGC or Beckett. I used to send a few cards to SGC every couple years. Never say never, but I've seen stuff from both that makes me not want to give them any money.

The stuff that's shown so far is bad, and in some cases, it goes beyond what I can see justifying a claim of mere incompetence.
Sometimes I wonder how bad it would have to be before people abandoned PSA?

As far as this thread goes, I think that a suit against two large resellers and the largest grading company is news that goes beyond the "Hey the blowout guys caught another one"

[WhenItWasAHobby]

I just skimmed through the petition. If the plaintiff really wanted to make an impact and see justice he should have included the outed card doctors as co-defendants.

It will be interesting if this impacts CU's stock and how Joe Orlando addresses this if asked in the next quarterly investor's conference call.

I have one question for the lawyers on this board. Just about the entire case stands or falls on the scans of the cards before and after they were allegedly altered. What will the plaintiff's lawyers have to do to make those scans admissible as opposed to being just hearsay?

[Tabe]

Originally Posted by WhenItWasAHobby

I just skimmed through the petition. If the plaintiff really wanted to make an impact and see justice he should have included the outed card doctors as co-defendants.

I'm not sure the card doctors have any culpability to the card buyers. It's not illegal or fraudulent to trim a card*. My understanding is that you attest that cards are not altered when you submit them but that would seem to create a problem between the TPGs and the card doctors not the doctors and the buyers.

I'm not a lawyer so feel free to correct me, everyone, if the above is incorrect.

* - obviously, it's fraudulent to trim a card and then sell or trade it to someone and not reveal it's trimmed, while representing the card as unaltered

[Republicaninmass]

You heard it here.


Straight from the horses ass



The hobby and the board wont miss the deep insight, and PSA surely won't miss the revenue.

[MULLINS5]

PSA isn't going anywhere and people need to stop trying to change other's minds on graded cards. How people spend their money is their business. Whatever makes one happy - more power to you. But for me, as I've said, no mas. PSA will never get a dime from me and their slabs have no place in my collection. I do like the predicament they're in, so the more threads the merrier.

[Gusturd]

Originally Posted by MULLINS5

PSA isn't going anywhere and people need to stop trying to change other's minds on graded cards. How people spend their money is their business. Whatever makes one happy - more power to you. But for me, as I've said, no mas. PSA will never get a dime from me and their slabs have no place in my collection. I do like the predicament they're in, so the more threads the merrier.

A fool and his money are soon parted.

I wonder if they were as thorough with their autographs too?

[MULLINS5]

Originally Posted by Gusturd

A fool and his money are soon parted.

I wonder if they were as thorough with their autographs too?

You have to look through the rain to see the rainbow.

I've seen many PSA/DNA items fakes.