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Old 03-09-2016, 10:23 AM
botn botn is offline
Greg Schwartz
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Join Date: Apr 2009
Posts: 1,219
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Really?! Can you give an example of PSA or any other authenticator buying a card back for its purchase price? I am not a card guy and the only example I can think of is the trimmed Wagner, but no mistake has been admitted there.
Both SGC and PSA have bought back cards which were determined later to be altered but having received a grade. The number of cards they have bought back is a very very tiny percentage of what should be bought back. Usually once it is holdered they stand behind their assessment so the guarantee is really just to make the brand appear more legit and give peace of mind to those buying into their opinions.

Quote:
Authenticators are not guarantors nor insurers. They give opinions.
Apparently so...this is from JSA's site under polices which begs the question as to why anyone would put any credibility into the opinion if they are not willing to stand behind it?

Certification and authentication involves an individual judgment that is subjective and requires the exercise of professional opinion, which can change from time to time. Therefore, JSA makes no warranty or representation and shall have no liability whatsoever to the customer for the opinion rendered by JSA on any submission.

Amazing that someone can rely on a professional's opinion, be harmed by relying on that opinion, and the professional is not held accountable. In many other fields this would be malpractice.
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