T206 Magie (PSA 1) on eBay altered?

rand1com · #1 05-26-2021, 02:11 PM

Quote:

Originally Posted by perezfan

I (for one) emailed them directly with an unfriendly letter. I'm sure a few others probably did the same. Until Law Enforcement decides to crack down on these purveyors of fraud, we must do what we can to stop this.

Still not a fan of theirs, but I will say that PWCC is quicker to act than Heritage. That's about as close to a positive statement as I can make about them.

PWCC obviously did not submit the card to be graded since it was in its current holder when SCP sold it in 2019. Assuming the card was consigned to them, they have removed it from Ebay. What else could they do? Obviously they know the scrutiny they are under and perhaps that is the reason for the quick hook but you are correct, the major auction houses would not have pulled it and it will resurface in one of them soon. They place liability squarely on the grading company and wash their hands of any issues. They cover their own interest.

atx840 · #2 05-26-2021, 02:15 PM

"Thank you! The card has been taken down and the owner will have the card reviewed by PSA."

Peter_Spaeth · #3 05-26-2021, 02:16 PM

Quote:

Originally Posted by atx840

"Thank you! The card has been taken down and the owner will have the card reviewed by PSA."

And if PSA OK's that one, the legitimacy of PSA and its new ownership is dead.

Lorewalker · #4 05-26-2021, 02:35 PM

Quote:

Originally Posted by Peter_Spaeth

And if PSA OK's that one, the legitimacy of PSA and its new ownership is dead.

And if they take it off the market the new owners and PSA will have redeemed themselves?

There have been so many of these presented to them--that scream having been altered--so would one more of those really hurt them? I think they could leave it in the holder and it would have no further impact on their rep. People will post how horrible they are and then the same guys bid in the next big auction and buy a 200K card in a PSA slab or spend 600K on several and then do it again a month later. Those guys are my favorite.

Peter_Spaeth · #5 05-26-2021, 02:36 PM

Quote:

Originally Posted by Lorewalker

And if they take it off the market the new owners and PSA will have redeemed themselves?

There have been so many of these presented to them--that scream having been altered--so would one more of those really hurt them? I think they could leave it in the holder and it would have no further impact on their rep. People will post how horrible they are and then the same guys bid in the next big auction and buy a 200K card in a PSA slab or spend 600K on several and then do it again a month later. Those guys are my favorite.

Well maybe I overstated it a bit but I like hyperbole sometimes.

Lorewalker · #6 05-26-2021, 02:44 PM

Quote:

Originally Posted by Peter_Spaeth

Well maybe I overstated it a bit but I like hyperbole sometimes.

Oh I know. I am just commenting on their Teflon nature which is all due to the PSA collectors. Just when ya think PSA cannot possibly take that position, they do and it does not adversely impact them. Collectors complain but go right back to supporting the company and they sorta have to since they are all in on PSA holders.

Peter_Spaeth · #7 05-26-2021, 02:50 PM

Quote:

Originally Posted by Lorewalker

Oh I know. I am just commenting on their Teflon nature which is all due to the PSA collectors. Just when ya think PSA cannot possibly take that position, they do and it does not adversely impact them. Collectors complain but go right back to supporting the company and they sorta have to since they are all in on PSA holders.

Not only can they thrive amid a massive scandal, they can basically shut down their operations and not be affected.

Eric72 · #8 05-26-2021, 04:42 PM

Quote:

Originally Posted by Lorewalker

And if they take it off the market the new owners and PSA will have redeemed themselves?

Are the new owners searching for redemption already? There are so many scandals, it�s sometimes difficult to keep up. I could have missed one.

Leon · #9 05-26-2021, 09:24 PM

Quote:

Originally Posted by Lorewalker

And if they take it off the market the new owners and PSA will have redeemed themselves?

There have been so many of these presented to them--that scream having been altered--so would one more of those really hurt them? I think they could leave it in the holder and it would have no further impact on their rep. People will post how horrible they are and then the same guys bid in the next big auction and buy a 200K card in a PSA slab or spend 600K on several and then do it again a month later. Those guys are my favorite.

I don't care for PSA or SGC grading but I still buy cards in their holders. I just don't go by what they opined.

I am more careful than they are.

.

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