PSA completely unethical

[jkm412]

Originally Posted by Casey2296

Don't let your anger towards the current environment cloud your love of collecting cards. Make your collection exactly what you want and nothing else.

Honestly no anger. There are individuals who make a living at this at all costs. and they take advantage. and whatever.

[Casey2296]

Originally Posted by jkm412

Honestly no anger. There are individuals who make a living at this at all costs. and they take advantage. and whatever.

And those people should not matter when it comes to building your personal collection.

[Kutcher55]

They are a small business that is experiencing severe growing pains and is struggling to scale up. This is a common theme in any number of industries. I feel slightly bad for those whose cards are stuck with them but they aren’t the only option. Their competition has mobilized and seems to be outflanking them these days but for many collectors it remains PSA or bust. It’s important to keep in mind that situation will evolve. They are going through an ownership change and are washing their hands of Orlando who will get a nice golden parachute. New ownership needs to be nimble and respond to the market or they risk falling behind. Despite all their missteps they still retain a good degree of brand equity in what still appears to be a growing market.

As for the original assertion that they have “some nerve” as my granny used to say doing quick grading in the National I think it’s debatable. Not sure if I’d say it’s flat out unethical but it’s hard to feel that bad for anyone whose cards are stuck with them month after month. This company has had issues for years now but their cards still get a premium. Whether that remains the case 5 years from now will be interesting to see. Those who submitted should have been well aware of the risks & upsides of their decision to patronize them.

[Johnny630]

PSA is what it is because it brings the most money for their slab. That’s it. They could be the most unethical company in the world but it doesn’t matter when it comes down to what sells for the most, that’s why they make the most. Morals Ethics Ha it's all about profits.

[Kutcher55]

Ethics matter to a lot of people and if they don’t watch out their brand equity can further erode and their cards will lose value relative to other TPG’s. That’s how competition is supposed to work anyways and I think we could see that play out if PSG’s new ownership doesn’t play their cards right and get it together.

[mrreality68]

Originally Posted by Kutcher55

Ethics matter to a lot of people and if they don’t watch out their brand equity can further erode and their cards will lose value relative to other TPG’s. That’s how competition is supposed to work anyways and I think we could see that play out if PSG’s new ownership doesn’t play their cards right and get it together.

Jason I agree with Johnny M. Above and we hope you are right about their new management

[bobbyw8469]

Originally Posted by mrreality68

Jason I agree with Johnny M. Above and we hope you are right about their new management

I hope so too. I will keep the board informed on how they handle my situation.