Does slabbing create value?

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Posted By: Dr.Koos

....why don't we back it up about 5 or 6 pages. I may have been dreaming but wasn't there an entire thread on here that started with a seller's batch of Ebay auctions featuring cards that even HE admitted were trimmed so badly, they were still screaming from the anaesthesia-less amputations, ALL GRADED BY PSA. The cards were such dwarves, that much was so painfully obvious, that someone suggested the holders were changed.
Why anyone keeps referring to AAA or NASA as a GRADING service is mystifying. A grading service solicits submissions on a web site. Grading S E R V I C E....a SERVICE for submittors to send their cards to for an opinion. AAA and NASA DO NOT GRADE CARDS. It's just letters that are affixed to a cheap lucite holder housing paper thin magazine pictures cut down to card size. They are SELLERS with a gimmick, not a grading service. The numbers, grades, designations, mean NOTHING. They are MADE up as they go by the Seller. And admittedly, they sell these "things" like hotcakes. Look at any week's offering of these AAA placebos. ADD UP THE BIDS, even on items that are no where near the end of auction. Then add up the resultant bids. You'll be astonished!!!! Has anybody done this on here? THOUSANDS and THOUSANDS of dollars each week with a 98% profit ratio!!! What business in the world works on nearly a 100% pure profit ratio? The items they sell cost next to nothing, especially when they're XEROXes of the magazine clippings in many cases. Their only expense is the cost of the ad, the Ebay final acution value fee and the paper for the labeler (and an occassional band-aid when whoever is cutting these things out of periodicals slips). The lucites are 20 cents each in bulk. They undoubtedly have the most lucrative business on Ebay from a profit standpoint.