SPORTS CARD RADIO (anonymus PSA "insider")

[Fuddjcal]

Originally Posted by barrysloate

The Bernie Madoff scandal was somewhere around $50 billion. Do you really think this is bigger than Madoff? I'm not so sure about that.

you're probably right, I stand corrected. Not even in my wildest dreams do I think it's 50 Billion but, who really knows? This "musical chairs" has been going on ad nauseam for 20 years now. You would agree the magnitude is HUGE?

[barrysloate]

Originally Posted by Fuddjcal

you're probably right, I stand corrected. Not even in my wildest dreams do I think it's 50 Billion but, who really knows? This "musical chairs" has been going on ad nauseam for 20 years now. You would agree the magnitude is HUGE?

Yes, I do believe the magnitude is huge. I don't think it's a matter of just a few bad cards.

[WhenItWasAHobby]

Originally Posted by barrysloate

Yes, I do believe the magnitude is huge. I don't think it's a matter of just a few bad cards.

I agree Barry. Of course it's huge. It's been going on rampantly for 15+ years.

[Leon]

Originally Posted by WhenItWasAHobby

I agree Barry. Of course it's huge. It's been going on rampantly for 15+ years.

In 1996 Daniel Desmond said he had restored thousands of cards in the VCBC 7 article he was quoted in. We know he is still doing it today, a mere 23 years later.

http://www.net54baseball.com/showthread.php?t=270622

http://www.net54baseball.com/showthread.php?t=253875
.

[Peter_Spaeth]

Originally Posted by Leon

In 1996 Daniel Desmond said he had restored thousands of cards in the VCBC 7 article he was quoted in. We know he is still doing it today, a mere 23 years later.

http://www.net54baseball.com/showthread.php?t=270622

http://www.net54baseball.com/showthread.php?t=253875
.

And why not, it's steady work and the pay is good, and there seems to be no risk.

[CuriousGeorge]

I would think anyone who has the FBI knocking on their door would disagree with that statement and say there is risk. Now I know no one has been arrested yet, no civil lawsuits or death sentences, but I suspect having the FBI investigating your life cannot be pleasant.

Originally Posted by Peter_Spaeth

And why not, it's steady work and the pay is good, and there seems to be no risk.

[Peter_Spaeth]

Originally Posted by CuriousGeorge

I would think anyone who has the FBI knocking on their door would disagree with that statement and say there is risk. Now I know no one has been arrested yet, no civil lawsuits or death sentences, but I suspect having the FBI investigating your life cannot be pleasant.

If I had made millions doctoring cards, I wouldn't find paying a little restitution a huge inconvenience. We'll see if it ends up being any more than that. And most of these guys are smart enough to have stayed under the radar anyhow. I doubt anyone is knocking on their doors.

I would love to be wrong about this, of course. They all should be punished severely. But it's baseball cards.

[samosa4u]

On pg 47 of the article, DD states that "the sale of restored cards, priced and sold as restored cards could create a whole new market. It would give the average collector a chance to own the high end cards in beautiful condition for a fraction of the normal cost, cards that they could never otherwise afford."

The problem with this is that any card that gets restored is not going to be sold as a restored card, nor will it be priced as a restored card.

On the same page, DD also said that PSA was thinking of getting him to work as a consultant for them, but in the end it just didn't work out. Well, I think that would have been a great idea. PSA should have worked with all the best card doctors in the hobby. It would only make them better at detecting restorations.

[Peter_Spaeth]

Originally Posted by samosa4u

On pg 47 of the article, DD states that "the sale of restored cards, priced and sold as restored cards could create a whole new market. It would give the average collector a chance to own the high end cards in beautiful condition for a fraction of the normal cost, cards that they could never otherwise afford."

The problem with this is that any card that gets restored is not going to be sold as a restored card, nor will it be priced as a restored card.

On the same page, DD also said that PSA was thinking of getting him to work as a consultant for them, but in the end it just didn't work out. Well, I think that would have been a great idea. PSA should have worked with all the best card doctors in the hobby. It would only make them better at detecting restorations.

At least one card doctor graded for PSA for a while, some time ago.