Class action suit filed against PSA, PWCC and Probstein

[Fuddjcal]

Originally Posted by drcy

I've often wondered if collectors (as in some, not all) overtly and all but advertise that they don't care about accurate grades or correct identification of alterations, what would be their argument for items they bought that are wrongly authenticated?

"I want my money back. This card was mislabeled."
"But you collect cards that are mislabeled."

Just to be perfectly honest, I wouldn't have cared if they "treated" the cards as long as they disclosed it from the beginning. It's the Fraud I'm pissed about.

[perezfan]

Originally Posted by Fuddjcal

Just to be perfectly honest, I wouldn't have cared if they "treated" the cards as long as they disclosed it from the beginning. It's the Fraud I'm pissed about.

I don't know... I'm actually pretty pissed at anyone who "treats" a card in a manner that the alteration is irreversible and permanent.

A. They've unnecessarily destroyed an important piece of history

B. Even though they had no ill-will or intent to re-sell or deceive, no one lives forever (credit to Oingo Boingo). And when those tainted cards are passed down, there's a good likelihood that they'll end up in numbered slabs (assuming nothing changes as a result of the FBI probe). And then the saga continues... despite the lack of intended fraud.

I'm with Adam in the sense that if Slabs have become too much worry and stress, look for segments of the hobby that are not reliant on TPG. There are many wonderful and fulfilling directions the hobby can take you!

[Fballguy]

For those with Netflix, the documentary Sour Grapes (which tells the story of fine wine fraudster Rudy Kurniawan) is definitely worth a watch. If I closed my eyes I would've thought they were talking about the card situation. Many of the attitudes expressed within sounded as if they were pulled from this thread. It was an uncannily similar situation.

[1952boyntoncollector]

Originally Posted by Fballguy

For those with Netflix, the documentary Sour Grapes (which tells the story of fine wine fraudster Rudy Kurniawan) is definitely worth a watch. If I closed my eyes I would've thought they were talking about the card situation. Many of the attitudes expressed within sounded as if they were pulled from this thread. It was an uncannily similar situation.

I think Larry David had a movie called that as well..

[Fballguy]

Originally Posted by 1952boyntoncollector

I think Larry David had a movie called that as well..

Was this the plot?

Rudy Kurniawan, the first person to be tried and convicted in a U.S. federal court for counterfeiting wine, was sentenced to 10 years in prison. Once dubbed Dr. Conti by his fellow collectors for his love of Domaine de la Romanée-Conti, the 37-year-old Indonesian, dressed in prison blue and gray sweats, stood with his head bowed and hands clasped as U.S. District Judge Richard Berman pronounced the sentence. Berman also ordered Kurniawan to pay $28.4 million in restitution to seven of his victims

[Fuddjcal]

Originally Posted by perezfan

I don't know... I'm actually pretty pissed at anyone who "treats" a card in a manner that the alteration is irreversible and permanent.

A. They've unnecessarily destroyed an important piece of history

B. Even though they had no ill-will or intent to re-sell or deceive, no one lives forever (credit to Oingo Boingo). And when those tainted cards are passed down, there's a good likelihood that they'll end up in numbered slabs (assuming nothing changes as a result of the FBI probe). And then the saga continues... despite the lack of intended fraud.

I'm with Adam in the sense that if Slabs have become too much worry and stress, look for segments of the hobby that are not reliant on TPG. There are many wonderful and fulfilling directions the hobby can take you!

The segment of collecting is one I have had for quite a while and going back to full time...it's continuing my castle wall collection of 100 dollar bills.

[sportscardtheory]

Someone should buy a known PWCC/Probstein altered card, crack it, resubmit it to PSA to see if they only allow that garbage through with the big submitters.

[perezfan]

Originally Posted by sportscardtheory

Someone should buy a known PWCC/Probstein altered card, crack it, resubmit it to PSA to see if they only allow that garbage through with the big submitters.

Nice idea, and I’m sure that said card would come back graded “A”.

But someone would have to be willing to take a big loss with that “experiment”.