New PSA Terms & Conditions: Comp. Damages and Injunctive Relief for Card Doctoring

[Peter_Spaeth]

You don't seem to be very in touch with the current market. I guarantee (haha) you the vast majority of buyers don't even know about the guarantee and if they do they don't care. SGC took the G out of its name and nobody cared. BODA revealed that the extent of altered cards was much greater than most had previously thought, and PSA's business skyrocketed. The guarantee is NOT the foundation of their business model, if it ever was, those days are long long gone. This isn't the 1990s any more.

[Balticfox]

Originally Posted by Peter_Spaeth

You don't seem to be very in touch with the current market.

Stock, bond and commodities markets, yes (well at least sometimes). But as far as the card market goes, I didn't realize I had to be in the business of cards to post about the hobby of card collecting on this board. I'm all about the aesthetics of the cards themselves and not about the business of cards. And this move by PSA to distance themselves from liability for their mistakes does nothing, let me repeat nothing, for the hobby of card collecting.

Originally Posted by Peter_Spaeth

I guarantee (haha) you the vast majority of buyers don't even know about the guarantee and if they do they don't care.

Maybe tomorrow I'll post a poll about that specific question.