PWCC Auctions this evening

[ASF123]

I remember someone posted in the Rickey Henderson thread about the 10 that sold for $140k or so describing how little 10 were as a percentage which seemed almost a manipulation based on the # of submissions.

PSA doesn't get paid to grade cards per se; PSA gets paid to create scarcity so that some people win the lottery and can sell otherwise commonly available cards for huge numbers.

I'm sure they are well aware of this, and it gives them every incentive to keep the high-grade populations down. Whether they do it by rewarding favored submitters, or by creating subjective "extra-super-duper-mint" standards that are (a) essentially intangible and (b) practically unattainable, or by some combination of both, I'm sure they do it.

[Oscar_Stanage]

Originally Posted by ASF123

PSA doesn't get paid to grade cards per se; PSA gets paid to create scarcity so that some people win the lottery and can sell otherwise commonly available cards for huge numbers.

I'm sure they are well aware of this, and it gives them every incentive to keep the high-grade populations down. Whether they do it by rewarding favored submitters, or by creating subjective "extra-super-duper-mint" standards that are (a) essentially intangible and (b) practically unattainable, or by some combination of both, I'm sure they do it.

https://allvintagecards.com/psa-undergrading-key-cards/

all the evidence is here. this is proof of complete incompetence (at best). No idea why anyone gives these people a dollar.

[Peter_Spaeth]

Originally Posted by Wid_Conroy

https://allvintagecards.com/psa-undergrading-key-cards/

all the evidence is here. this is proof of complete incompetence (at best). No idea why anyone gives these people a dollar.

Of course you know why. It generates incredible profits for many many people.

It’s simply about money and greed. Not about love for baseball cards or the game. This too shall pass just as it did two decades ago. I collected for the love of the game then and still do.

[ASF123]

all the evidence is here. this is proof of complete incompetence (at best). No idea why anyone gives these people a dollar.

Indeed. And by all accounts they have gotten much more stringent over the years (overall, albeit wildly inconsistently). What was a 7 twenty years ago would be a 5 today, etc. Of course this is necessary to keep the high-end populations down as more and more cards get graded.