Another PSA mess up? major card - AA to 5

[JohnP0621]

How can anyone expect a Major Auction House like Heritage , REA Etc. to inspect or look up the back history of all of the cards that they auction.
They receive the cards already graded and thats how they list it . How are they to know that the card went from a 4-AA-5 and which grade is correct. Its in the eye of the Grader.. I dont feel that its their responsibility to investigate each card. This crack and submit game happens all of the time Where a one grade bump could lead to thousands of dollars for both the consignor and auction house. I know that this game is played a lot with the New Shiny Stuff , Submit, crack ,Submit, Crack etc until one receives a Grade 10 and sent to auction house for big bucks. Everyone seems to be making $$$. I Guess that Its a Win, Win for all involved .(Or is it?)

John P

[Peter_Spaeth]

Originally Posted by JohnP0621

How can anyone expect a Major Auction House like Heritage , REA Etc. to inspect or look up the back history of all of the cards that they auction.
They receive the cards already graded and thats how they list it . How are they to know that the card went from a 4-AA-5 and which grade is correct. Its in the eye of the Grader.. I dont feel that its their reasonability to investigate each card. This crack and submit game happens all of the time Where a one grade bump could lead to thousands of dollars for both the consignor and auction house. I know that this game is played a lot with the New Shiny Stuff , Submit, crack ,Submit, Crack etc until one receives a Grade 10 and sent to auction house for big bucks. Everyone seems to be making $$$. I Guess that Its a Win, Win for all involved .(Or is it?)

John P

I think for the most part the issue is what should they do once they're on notice of something. But more generally, they certainly know who is consigning cards to them, and the reputations of some of those people, so the protestations of complete innocence ring a bit hollow to me.

[dabbuu]

What happened to the crease on the top right corner of the PSA 4, just curious?

[Snowman]

Originally Posted by dabbuu

What happened to the crease on the top right corner of the PSA 4, just curious?

It's still there. You can clearly see it if you zoom in. Just another example of PSA's incompetence, grading this card as a 5 with a significant crease on front. If graded today, it would be a 3 (or an AA, a 1, 1.5, 2, 2.5, 3.5, 4,or 4.5 depending on which grader you get and which day they get it, but the most frequent grade it would receive if submitted 100 times would be a 3).

[Snowman]

Originally Posted by Peter_Spaeth

I think for the most part the issue is what should they do once they're on notice of something. But more generally, they certainly know who is consigning cards to them, and the reputations of some of those people, so the protestations of complete innocence ring a bit hollow to me.

You're still presupposing that what the auction house is now "on notice of" is something meaningful.

PSA graders are completely incompetent. They are throwing darts. How could it possibly matter which square a previous dart landed on?

[Peter_Spaeth]

Originally Posted by Snowman

You're still presupposing that what the auction house is now "on notice of" is something meaningful.

PSA graders are completely incompetent. They are throwing darts. How could it possibly matter which square a previous dart landed on?

By your logic why does it matter where the current dart landed? But obviously it does.

[Snowman]

Originally Posted by Peter_Spaeth

By your logic why does it matter where the current dart landed? But obviously it does.

It doesn't. That's why people say "buy the card, not the holder". It's also why 4s sometimes outsell 6s in the same auction. A card's current slab is just that. Only a fool buys a card based on the number on its slab. It is at best a starting point.

[Peter_Spaeth]

Originally Posted by Snowman

It doesn't. That's why people say "buy the card, not the holder". It's also why 4s sometimes outsell 6s in the same auction. A card's current slab is just that. Only a fool buys a card based on the number on its slab. It is at best a starting point.

There are an awful lot of fools out there then, starting with the set registry.

[perezfan]

Originally Posted by Peter_Spaeth

There are an awful lot of fools out there then, starting with the set registry.

Yes… roughly 90% of the hobby, unfortunately.

[campyfan39]

Totally agree. They are comparing cocks essentially

Originally Posted by Peter_Spaeth

There are an awful lot of fools out there then, starting with the set registry.

[Snowman]

Originally Posted by Peter_Spaeth

There are an awful lot of fools out there then, starting with the set registry.

Yes, there certainly are. And there are no greater fools in this hobby than those who compete on the set registry.

Reminds me of the vintage Topps card I bought raw from Greg Morris last year as an "EXMT" card for about $50. It looked pretty good when it arrived though, so I sent it to PSA expecting a 7 but it came back in a 9 holder (pop 12 with none higher). Lol. I had no interest in owning a 9 though, so I bought another copy in similar condition for another $50 and sent the PSA 9 back to Greg Morris where some clown paid almost $5k for it because they just had to pip up the ranks on their registry. But like every other card in their collection, they just paid $5k for an over graded $50 card that was graded by an incompetent noobie grader at PSA.