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Posted By: Dave

The whole issue of having to have a receipt is absurd. Many people that send off cards to get graded have had the cards forever and don't have any such receipts. Auto insurance is based on a "book value" for the vehicle, cards should be the same. If some nut sells me a T206 of Walter Johnson in excellent condition for $100 and it gets lost on the way to PSA the money owed should be the $1000 I insure the item for. Not the $100 some nut sold it to me for. I guess it looks like one reason to be using FedEx instead. I'm not aware of FedEx having such policies. And what about when the package is coming back to you from PSA? You put down the amount you want it insured for then. So if a card grades high and is then worth considerable more, such as the $1500 insurance I paid for, I'm still going to just get the $100 I actually bought the card for even though it is now slabbed and lost coming back to me?