One thing that I believe helps to keep PSA and it's graders on the honest side is that they are publicly traded. This means they have a board of directors which are there to maximize shareholder value but to also act as a check and balance system for management. This can help to prevent shenanigans but nothing is foolproof of course. Plenty of publicly traded scandals as well. Enron etc. As for the Alcinder rookie price, of course it is hard to imagine for normal folk like us to understand. But people paying these prices are CEOs of large corporations, hedge fund guys etc. they have the disposable income and like expensive toys. They also didn't get to where they are in life by being completely foolish with their money. Very rare and one of kind items will always have a market with the uber rich.
David Lamont
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