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

[Peter_Spaeth]

Of the thousands of people who submit to PSA and buy and sell PSA graded cards, how many actually care about this? I would think next to none. Non event. Zero revenue impact. On to the next sub.

[raulus]

Originally Posted by Peter_Spaeth

Of the thousands of people who submit to PSA and buy and sell PSA graded cards, how many actually care about this? I would think next to none. Non event. Zero revenue impact. On to the next sub.

The only ones who should care are the card doctors. I’m guessing that they’re either not paying attention, or they have no intention of materially modifying their approach to using the TPGs to launder their wares.

[Peter_Spaeth]

Originally Posted by raulus

The only ones who should care are the card doctors. I’m guessing that they’re either not paying attention, or they have no intention of materially modifying their approach to using the TPGs to launder their wares.

The top tier ones have made obscene amounts of money already, and my belief is they will keep on keeping on. I will say it again: this industry has been driven by the unholy alliance between card doctors, TPGs, and auction houses. If you think otherwise, you're kidding yourself.

[raulus]

Originally Posted by Peter_Spaeth

The top tier ones have made obscene amounts of money already, and my belief is they will keep on keeping on. I will say it again: this industry has been driven by the unholy alliance between card doctors, TPGs, and auction houses. If you think otherwise, you're kidding yourself.

Any proposed solutions?

Go with the balticfox method of avoiding all slabbed cards always and everywhere?

[Peter_Spaeth]

Originally Posted by raulus

Any proposed solutions?

Go with the balticfox method of avoiding all slabbed cards always and everywhere?

Ask the FBI to look into it. Oh, wait, never mind.

I have a number of steps I follow before buying any card which hopefully cut down on altered cards, and I have a decent eye for suspicious looking stuff, but I am under no delusions that my methods are foolproof.

[raulus]

Originally Posted by Peter_Spaeth

Ask the FBI to look into it. Oh, wait, never mind.

I have a number of steps I follow before buying any card which hopefully cut down on altered cards, and I have a decent eye for suspicious looking stuff, but I am under no delusions that my methods are foolproof.

Thanks for sharing. I hope your approach works out. Obviously I've had one slabbed card outed as being doctored, and the odds are good that there are more lurking yet to be found. Owning a slabbed piece that is later discovered to be doctored is no fun, that's for sure.

[Peter_Spaeth]

Originally Posted by raulus

Thanks for sharing. I hope your approach works out. Obviously I've had one slabbed card outed as being doctored, and the odds are good that there are more lurking yet to be found. Owning a slabbed piece that is later discovered to be doctored is no fun, that's for sure.

Avoid cards obviously short in holders. Not by any means foolproof, there are type one and type two errors with this approach, but it's a start.

Check databases for altered cert numbers.

Check sales history. If first sale by a suspicious seller, pass.

Check surrounding certs. If a lot of rejects, pass. Or on modern side, if nothing but 10s, be suspicious.

Avoid certain sellers like the plague that they are.

OH, and you won't like this one, but avoid high grade vintage.