[Runscott]

Travis, I think cards and autographs are so different that they have to be treated very differently by AH's. Example - REA is not saying that these cards are fakes; rather, they are saying that they have been incorrectly authenticated. It's the TPA's job to grade them correctly, not REA's - the TPA failed. If it were a fake card, that's very different (to me, anyway), and should be handled the same as a forged autograph;i.e-pull it.

Also, there is a big difference in skills required to tell if a card is trimmed, versus whether or not an autograph is a forgery. REA could much more easily do the former and feel confident expressing their opinion. On the other hand, if they said "this PSA authenticated Ruth looks like it might be fake to us", they are basically saying that they are now Babe Ruth autograph experts, and that PSA is not. If it comes to that, they should follow Lelands' path. If they ever get to that same point with slabbed cards, they really don't have the option of starting their own card-grading service. That would be a disaster for an auction house. Cards and autographs are not quite apples and oranges, but close enough to go in separate bags.