PSA Scandal -- buy back 9s, resell as 10s

[Peter_Spaeth]

Originally Posted by bk400

How did PSA explain that one? It's so....bad.

They don't need to answer to anyone. Just play ostrich. See #1 below.

[bk400]

Originally Posted by Peter_Spaeth

They don't need to answer to anyone.

Yeah, that's inspiring. I guess when one of the owners was ensnared in a massive insider trading scandal and more or less came away with his reputation intact, we shouldn't be too surprised.

Well, I don't submit much for grading, but I do purchase my fair share of PSA-graded cards. I knew there was some BS when it came to differentiating 9s and 10s, particularly for modern cards, but this lays bare the reason for the lack of differentiation.

[Peter_Spaeth]

Originally Posted by bk400

Yeah, that's inspiring. I guess when one of the owners was ensnared in a massive insider trading scandal and more or less came away with his reputation intact, we shouldn't be too surprised.

Well, I don't submit much for grading, but I do purchase my fair share of PSA-graded cards. I knew there was some BS when it came to differentiating 9s and 10s, particularly for modern cards, but this lays bare the reason for the lack of differentiation.

Buy 100 PSA 10s from a high volume submitter, resubmit the same cards raw, and see how many 10s you come away with. See #4 below.

[D. Bergin]

Is there any photo evidence of this?

[ClementeFanOh]

If true I'd be shocked, I tell you- just shocked. Their sterling reputation
speaks for itself! Trent King

[Balticfox]

Originally Posted by Peter_Spaeth

They don't need to answer to anyone. Just play ostrich.

Originally Posted by G1911

At some point, when the customers are this stupid and keep throwing money at them and excusing all the blatant incompetence and corruption, it's hard to blame PSA for taking advantages of these morons who just reward them no matter what.

Truth! 'Nuff said.