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I'm out already and have been for quite a while. PSA will never redress the damages done unless a court orders them to do so. If the court-ordered redress is comprehensive, it will kill PSA either by financial liability or by industry reputation. My best guess is that PSA will weasel their way out of comprehensive legal liability with a lot of bad press and card grading will go the way of Professional Wrestling. Some consumers will buy the cards out of blissful ignorance, while the more informed will make some twisted rationalization of indifference - basically because they can't help themselves.
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"The only thing necessary for the triumph of evil is for good men to do nothing." - Edmund Burke "It's easier to fool people than to convince them that they have been fooled." - Mark Twain |
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Money.
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Check out my aging Sell/Trade Album on my Profile page HOF Type Collector + Philly A's, E/M/W cards, M101-6, Exhibits, Postcards, 30's Premiums & HOF Photos "Assembling an unfocused collection for nearly 50 years." |
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I expect values to fall, and there to be a substantial change to the hobby pricing. |
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Do you see this with only high grade cards? It seems like that is where the split really starts between raw and graded. 4-6 seem to be similar price for raw vs graded - with a small premium for the slab. Or does the tail wag the dog? i.e. the price of the graded card sets the market and the raw is a % below the graded card?
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2024 Collecting Goals: 53-55 Red Mans Complete Set |
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I didn't say where pricing would change, or that it would be across the board.
I expect the changes to happen where the number grade is a major part of the price. Last edited by drcy; 08-05-2019 at 04:46 PM. |
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Agree 100% I’m glad I’ve sold almost all ......I’m over collecting ....it’s not fun anymore to me. Industry Leader PSA built on OPINIONS Since Day One......I’m not a lawyer....but to me this is what makes them 100% Teflon UNTOUCHABLE to any Legal Liabilities EVER PERIOD. How Can Any Company Be Held Responsible for Anything When they’re JUST RENDERING A OPINION..... PERFECT.....they do have brilliance in protecting their Brand. Their liquidity has Distorted Rational Peoples Minds...I give PSA Credit for Being a Masterful Marketing Machine that has made millions based upon A Wonderful Story. Totally give them credit for it. Until their bottom line is negatively affected nothing will change at PSA Last edited by Johnny630; 08-04-2019 at 09:05 AM. |
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