So what was the big meeting all about last night at the national with JP & Marshall?

[buymycards]

I think I know the topic of the meeting, but it could be just a rumor. PSA, Beckett and SGC are going to join forces and they will start using a real 100 point grading system, and the grades will be assigned by a computer. All existing grades from every grading company will be declared null and void, and all existing graded cards will need to resubmitted and regraded on the 100 point scale. Every card will be assigned a value, according to the assigned grade, and it will be illegal for any cards to be sold for 10% more or less than the assigned value.

Time for my medication.

Rick

[barrysloate]

Is that true, or a joke? Because it sounds more like a joke.

[FUBAR]

um joke... TPG would never band together!

[barrysloate]

I believed the part about all the cards having to be resubmitted again...that would be a grading company's dream!

[Doug]

It could have been a meeting between the Priory of Sion and Opus Dei over the possibility of the PSA 8 Wagner being trimmed on the basis that an early photograph of it may exist with larger, yet wavy borders.

[Matthew H]

Maybe they were debating whether or not they'll show Bruce their PSA 11 Ultra-MT rare type cards.

[calvindog]

If I had to guess, I'd imagine that the meeting was led by Bill Mastro's best friend, attended by JP Cohen, and involved the proposed formation of some ill-conceived trade association in which its dealer members would pay a large fee to join and somehow abide by some code of rules in order to act as a bulwark against some very bad impending news in the hobby.

Of course, anyone who would pay money to such a body would be utterly insane -- probably about as insane as anyone who trusted Bill Mastro and JP Cohen with their money over the years.

It goes without saying that it is laughable to even imagine that such a group gathered last night was somehow concerned with eliminating fraud in the hobby as opposed to simply protecting their own past and future financial gains. But then again, I'm just imagining what could have happened in that room last night as I wasn't invited.

[Matthew H]

Originally Posted by barrysloate

I believed the part about all the cards having to be resubmitted again...that would be a grading company's dream!

I wouldn't mind as long as the new holders are as appealing as this one:

http://cgi.ebay.com/ws/eBayISAPI.dll...%3DI%26otn%3D2

[Doug]

Since the email about the meeting supposedly said "this meeting is important in combating the national consequences that are about to occur causing damage to the reputation and the past financial successes of our industry." I'm very curious as to what these "national consequences that are about to occur" are since they apparently already know, but nobody else was informed?

[Peter_Spaeth]

Originally Posted by Doug

Since the email about the meeting supposedly said "this meeting is important in combating the national consequences that are about to occur causing damage to the reputation and the past financial successes of our industry." I'm very curious as to what these "national consequences that are about to occur" are since they apparently already know, but nobody else was informed?

Who knows, maybe someone will get indicted.