PSA Response from President Steve Sloan

[rdwyer]

I got banned. That's not gonna stop me from going to Public Fridays, Long Beach Coin Expo, etc. Besides I have other friends who will submit for me. In my case PSA screwed up, and then banned me when I complained.

They also banned my email, but once again that didn't stop me. I just used other email address addresses.

[samosa4u]

Originally Posted by rdwyer

I got banned. That's not gonna stop me from going to Public Fridays, Long Beach Coin Expo, etc. Besides I have other friends who will submit for me. In my case PSA screwed up, and then banned me when I complained.

They also banned my email, but once again that didn't stop me. I just used other email address addresses.

You're the man, Dwyer! lol

[mechanicalman]

Originally Posted by rdwyer

I got banned. That's not gonna stop me from going to Public Fridays, Long Beach Coin Expo, etc. Besides I have other friends who will submit for me. In my case PSA screwed up, and then banned me when I complained.

They also banned my email, but once again that didn't stop me. I just used other email address addresses.

It’s such an interesting hobby in which some folks will go to great lengths to spend money with a company which has banned them. Where else does that happen?

[Eric72]

Originally Posted by mechanicalman

It’s such an interesting hobby in which some folks will go to great lengths to spend money with a company which has banned them. Where else does that happen?

Magic: The Gathering

[swarmee]

Good time for a repost.

PSA has suspended the account of blowoutcards store in Chantilly, VA from submitting because of their allowing the posters on their message board to report TRUTHFUL, DAMAGING information about PSA.

[68Hawk]

Originally Posted by swarmee

Good time for a repost.

PSA has suspended the account of blowoutcards store in Chantilly, VA from submitting because of their allowing the posters on their message board to report TRUTHFUL, DAMAGING information about PSA.

That's pure dumbassery from PSA.
Most posters on the Blowout forum are absolute PSA homers so will only give rise to more suspicion and truthery from disgruntled collectors.
Way to shoot your customers in the foot.

[Brian Van Horn]

Not trying to hijack the thread, but I received an e-mail about a hiring event at PSA for August 25. So, out of curiosity, I signed up. I immediately received a text and an e-mail from a group called Brazen about the event.

Brazen?! Rather an interesting choice of names.

[BeanTown]

Originally Posted by swarmee

Good time for a repost.

PSA has suspended the account of blowoutcards store in Chantilly, VA from submitting because of their allowing the posters on their message board to report TRUTHFUL, DAMAGING information about PSA.

Maybe they are positioning themselves for a buyout done by Facebook, Twitter or Google!

[55koufax]

My Bay Area tech sources tell me CU will be the subject of a "hostile" takeover in the next 12 months. Additionally, a major new player (an App) in the collecting world will be introducing themselves very soon. It will be geared toward super high end investors, and likely with an emphasis on modern (hoops predominately) cards.

Many, many VC-PE people are the ones driving the wild and crazy market this year, heavily investing in all things MJ, Kobe, LeBron, etc. Additionaly, my tech sources tell me Howard Schultz (Founder and Ex-CEO of Starbucks) who is generally known for high end art collecting has crossed the line and is diving in to the sports card world. Not certain if any of this is groundbreaking news or has already been topiced on N 54, however, in case it has not, I thought I would share the info.

[swarmee]

We discussed the possibility of some larger shareholders (including board member Nat Turner) trying to overthrow the Collector's Universe board of directors, but Nat pulled himself out of that.

BGS was bought out a few years ago, and their owner just got sentenced to seven years in jail for bribing political figures.

Both companies are doubling down with PWCC that the cards they given number grades but have been PROVEN with VISUAL EVIDENCE that they were trimmed, new grades and a letter saying each company stands behind each of their HALF MILLION DOLLAR mistakes. It's becoming comical just how these companies operate in concert to scam the collector just so millionaires can brag that they have these cards in supposedly pristine grades.

[perezfan]

I just hope for 5 things...

1. The new parent company operates with honesty/integrity, and without favoritism.

2. That current PSA Management (i.e. Sloan/Orlando) are given their walking papers, and are in no way involved with the new endeavor.

3. That the new company is competent at identifying alteration, and will make good on PSA’s fatal “mistakes” and mid-grades. Hopefully the customer is able to seek recourse under the new ownership, as opposed to being stiffed by PSA.

4. That the new company will not censor or ban its customers for voicing legitimate concerns.

5. That the new company will be able to provide significantly better turnaround times than the current PSA model.

Hopefully that isn’t asking too much.

[bdk1976]

Originally Posted by mechanicalman

It’s such an interesting hobby in which some folks will go to great lengths to spend money with a company which has banned them. Where else does that happen?

I don't get it either - banned for exposing the total lack of integrity the company has, yet still trying to find ways to send them $$.

I'm not sure what kind of bizzaro-world we are living in these days - I can't seem wrap my head around how someone ends up in such an abusive relationship with a card grading company.

[HRBAKER]

No surprise, they are an integral part of the money chain. People will put up with a lot if you can help them with that.