Final UPDATE. PSA Guarantee on a doctored card - Actual good news this time

[raulus]

Originally Posted by TiffanyCards

Just another example of the excellent work done by BODA. It amazes me how some people will continue to dismiss their findings, tell people to never trust online image comparison, suggest they are slandering cards or attempt to silence or discredit their work.


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Apologies for my ignorance here. Are you part of the BODA team? Or do you just maintain the database of doctored cards? I’m guessing that maybe the database is somehow separate from the BODA team?

[TiffanyCards]

Originally Posted by raulus

Apologies for my ignorance here. Are you part of the BODA team? Or do you just maintain the database of doctored cards? I’m guessing that maybe the database is somehow separate from the BODA team?

I maintain the database and call out cards that, IMO, are altered, mislabeled, or fake.


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[raulus]

Originally Posted by TiffanyCards

I maintain the database and call out cards that, IMO, are altered, mislabeled, or fake.


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Cool. I guess you can update the database entry for this one when they send it back in the AA slab.

[Exhibitman]

As a professional cynic, I'd hold the happiness until the money is in hand.

Peter, you are so right on that point. CA does not allow for the recovery of attorneys' fees in civil cases unless there is a contract or a law that provides for it. That makes any lawsuit a self-funded war of attrition with PSA and its wealthy owners. Which is probably why PSA is not concerned with being sued over most altered cards it missed.

If it was my card, I would do one of three things:

1. Sue representing myself and put PSA through a financial meat grinder to force a settlement. Doesn't matter how rich they are if my costs are just my time and some filing fees.

2. Crack the card and resubmit it in person at a National or other show. I would video every step of the process--chain of custody--to prove where the card went every second from in the holder to PSA's custody. if PSA rejects it as altered, it would put PSA in a very uncomfortable position defending the original grade and that might get the case settled quietly and quickly.

3. Sell it as-is with a disclosure to the AH of what happened. Let's be honest here: there is a significant percentage of collectors who do not give a damn what anyone except PSA says and who will simply buy the card for the number on the holder. To them, the rest is just internet trolls stating opinions.

[raulus]

Originally Posted by Exhibitman

As a professional cynic, I'd hold the happiness until the money is in hand.

Fair enough!

We've agreed in principle on an amount, after a little back and forth. There's some paperwork to be completed, and then they're quoting up to 6 weeks for the check to arrive. I guess they're working off of the AH framework of waiting 6 weeks before they pay out.

Just to be clear - I'm not complaining. PSA obviously has their process, and that will take some time. So it's not surprising that there will be a wait.

But I suppose I'll also wait patiently until the check clears before I get too frisky about reinvesting it in replacement cardboard.

[parkplace33]

Originally Posted by raulus

Fair enough!

We've agreed in principle on an amount, after a little back and forth. There's some paperwork to be completed, and then they're quoting up to 6 weeks for the check to arrive. I guess they're working off of the AH framework of waiting 6 weeks before they pay out.

Just to be clear - I'm not complaining. PSA obviously has their process, and that will take some time. So it's not surprising that there will be a wait.

But I suppose I'll also wait patiently until the check clears before I get too frisky about reinvesting it in replacement cardboard.

I can’t tell you how happy I am that this working out. One question… when you say paperwork, I hope you don’t mean a nda?

By outlining the process, I think you have helped collectors who may want to try the same thing in the future.

[raulus]

Originally Posted by parkplace33

I can’t tell you how happy I am that this working out. One question… when you say paperwork, I hope you don’t mean a nda?

By outlining the process, I think you have helped collectors who may want to try the same thing in the future.

Good question. I haven't seen this paperwork yet, although to date they haven't mentioned an NDA. It largely sounds like it's memorializing the arrangement here. They pay me a bunch of money, they send the card back in an AA slab, and I agree that my claims are settled.