Ebay Seller: PSA

[Neal]

Originally Posted by Fred

I didn't indicate that PSA was selling their own cards. However, if you believe that would never occur, then there's a saying I've heard, something about don't tell me it's raining if you're pissing on my leg.



Honestly, I wouldn't put it past PSA to start selling cards they own, but that's not what I said. Is it? My comment was if PSA sells non vault items that belong to them, then that's giving PSA the right to "print cash". Does that sound like "PSA shouldn't be selling their own cards"?

It kinda does

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[raulus]

Originally Posted by Neal

It kinda does

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+1

[perezfan]

That's an obvious conflict of interest.

[LEHR]

The PSA eBay account is to sell submitted cards coming straight from grading, as well as Vaulted items. When you submit cards to PSA you now have the option to select weather each individual card is returned to you after grading, or sold for you on eBay.

See the screenshot below from a recent PSA submission that was just retuned a week ago.

[evergreen1988]

They are also ok with selling their own slabs with issues, so that says something.

Notice anything off about the below Drum back? I raised it to them, but they said they couldn't end it early because it already had bids.

https://www.ebay.com/itm/1909-11-T20...vip=true&rt=nc

[Fred]

Originally Posted by Neal

It kinda does

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It kinda doesn't

[raulus]

Originally Posted by Fred

It kinda doesn't

Cool. Obviously as the author, you're familiar with what you meant when you wrote it. So I'll defer to you.

But setting that aside, I think we can all agree that if PSA is selling cards on eBay that are owned by PSA, then there would seem to be a lot of conflicts of interest there.

A lot of what I've read and seen suggests that the sellers are in fact not PSA. But as others noted, there's not a lot of visibility into the details here. So for all we know, PSA could sneak items in that are owned by PSA itself, and we wouldn't know the difference. And that would be a frightening turn of events.

Not that the TPG anti-acolyte crowd needs additional evidence of TPG shenanigans to add to the existing list. But I'm sure they'll be happy to add it to the list.

[Peter_Spaeth]

Originally Posted by raulus

Cool. Obviously as the author, you're familiar with what you meant when you wrote it. So I'll defer to you.

But setting that aside, I think we can all agree that if PSA is selling cards on eBay that are owned by PSA, then there would seem to be a lot of conflicts of interest there.

A lot of what I've read and seen suggests that the sellers are in fact not PSA. But as others noted, there's not a lot of visibility into the details here. So for all we know, PSA could sneak items in that are owned by PSA itself, and we wouldn't know the difference. And that would be a frightening turn of events.

Not that the TPG anti-acolyte crowd needs additional evidence of TPG shenanigans to add to the existing list. But I'm sure they'll be happy to add it to the list.

I love how people drum up wildly speculative and theoretical conflicts and just ignore actual ones like TPG owners grading their own cards. SMH.

[Gorditadogg]

Originally Posted by Peter_Spaeth

I love how people drum up wildly speculative and theoretical conflicts and just ignore actual ones like TPG owners grading their own cards. SMH.

It's the difference between being a reporter or a super-sleuth analyst. We only have super-sleuths on this board.

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[bnorth]

Originally Posted by Peter_Spaeth

I love how people drum up wildly speculative and theoretical conflicts and just ignore actual ones like TPG owners grading their own cards. SMH.

Haven't they all pretty much done that at one time or another?

[Peter_Spaeth]

Originally Posted by bnorth

Haven't they all pretty much done that at one time or another?

David Hall certainly submitted his cards. I have no idea about Nat. SGC flat out told us that's what they were doing.

[bmattioli]

I only collect raw so I'm good..

[Fred]

To all that spin things the way you feel. It was never stated in my post that PSA is selling their own cards, but it is stated that it would be wrong if they did.

Bottom line, this hobby has enough crap going on so if PSA did sell their own cards and assigned high "subjective" numbers to their own cards they are selling, it wouldn't surprise me. I didn't say PSA does do that. Perhaps it will be spun that's what was said (or misinterpreted).

Perhaps someone should start a poll and see how this board feels about PSA selling "their own" graded cards that are not owned by people that have their cards in the PSA vault.

Here's another wild possibility: PSA got into the vault business just to cover up a little impropriety by selling their own cards. I'm not saying they are, but what if?

Just curious, how many people on this board have registry sets and would hate to see this whole house of cards collapse and drop valuations by a very high percentage? I wouldn't care, in fact I really hope it happens. I bet there are quite a few people on this board that would love to see this go back to being a bunch of people collecting because they love the stuff, not for it's value, but because what it represents to them as a baseball fan.

[jingram058]

Originally Posted by bmattioli

I only collect raw so I'm good..

+1

These OCD discussions perspiring over graded cards leave me wondering...why? Tell me again how much fun it is to electron microscope your graded cards, only to have a stroke over PSA or whoever giving you a subjective 2 when you think it ought to be a 7, or whatever else PSA is doing to cause high anxiety. Is that a hobby? No way. But that's what a big part of this forum seems to be all about...no hobby, strictly investment brokering.

[Fred]

Originally Posted by bmattioli

I only collect raw so I'm good..

So true. +1

[Lorewalker]

Originally Posted by Peter_Spaeth

I love how people drum up wildly speculative and theoretical conflicts and just ignore actual ones like TPG owners grading their own cards. SMH.

Reality and facts are boring and overrated. Let's live in a world of make believe and speculation that have zero evidence of support. Much more fun! How else are we supposed to make a mountain out of a mole hill?