PSA asked me not to talk about this! - Video

[ullmandds]

If I ran my business like this...I'd be OUT of business!!!!

[Exhibitman]

Originally Posted by ullmandds

If I ran my business like this...I'd be OUT of business!!!!

Me too. This situation illustrates the problem with a monopoly. Now that this guy has ratted out PSA, good luck with ever getting them to take an order from him again. PSA blacklists people who raise a ruckus.

[Johnny630]

Would third Party Insurance Cover the Gentleman for the his declared value on the card since it is not the one he received back ?

[raulus]

Originally Posted by Johnny630

Would third Party Insurance Cover the Gentleman for the his declared value on the card since it is not the one he received back ?

Good question!

Part of the fun with 3rd party insurance is you’ve got a deductible. And in this case, the deductible might be higher than the card’s value.

[BobC]

Probably won't go anywhere, but try calling the local police and file a stolen property report. They acknowledged having his card, so they can't deny they had it. Not returning it and/or really telling him what happened to it is not really any different than if they stole it and then denied doing so to him. This BS of requiring someone sign a NDA and giving them vouchers instead of returning their item, or the money they deserve, is to me tantamount to outright theft. The NDA requirement is akin to a form of blackmail as well.

And the NDA requirement keeps all the other people this has happened to before from ever getting together and starting a class action lawsuit against the perpetrator. And we all know that if it were possible, there's at least a few attorneys that would gladly take such a case and go looking for more parties to join such a lawsuit for the eventual payday.

[parkplace33]

As a followup, I called my card insurance customer about what I would be covered in this event:

1. If the grading company damaged my card, I would NOT be covered for any lost value.

2. If the grading company lost my card, their claims department would "investigate". So I may be reimburse for the value.

[raulus]

Originally Posted by parkplace33

As a followup, I called my card insurance customer about what I would be covered in this event:

1. If the grading company damaged my card, I would NOT be covered for any lost value.

2. If the grading company lost my card, their claims department would "investigate". So I may be reimburse for the value.

Awesome. Hopefully you are made whole, one way or the other.

The deductible on my policy is $10,000, so I would probably be out of luck in this case. But it sounds like yours must be lower.