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As noted before, I think this will possibly their stance. 1. Return the item to the person that sold it to you for a refund. 2. That person(PWCC) can try to return in to PSA under the guarantee. 3. They get denied for violating the terms and conditions by submitting knowingly altered items. |
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I think rather than taking $10 to crossover cards SGC should be offering to independently look at any cards and give their professional opinion as to whether the card has been altered. If it hasn’t they can crossover and if it has then the owner can go to PSA for recourse.
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sounds like $10 gets you a review, and if it meets your minimum grade or higher for crossover, you pay a little more? The regular grading fee? |
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I don’t think we are miles apart at all. We both want integrity. Neither of us want to see innocent collectors take a hit on this. But innocent collectors could take a hit in a number of ways. Beyond the affected cards themselves, the whole hobby could take a major hit if psa’s credibility were undeservedly and excessively undermined. Driving PSA into financial instability or insolvency could also cause a hit to innocent collectors. I read Steve Sloan’s statement and I see a corporate executive trying to leverage what resources he has to protect the company during the early stage of a potential problem. This thing has a long way to go and could play out in many unexpected ways. Unless they have fools as attorneys I can’t believe that PSA would do anything with respect to their guarantee that contradicts what is written in their guarantee. PWCC has admitted some responsibility for the current situation and has made a public statement saying they will do all that they can to make things right. It is not unreasonable for PSA to try and use that to their advantage, especially if PWCC is actually mixed up directly in it. I see nothing in the PSA statement that says they won’t do a guarantee review if one is requested. And I think there are plenty of times in all of our lives that we’ve purchased something that had an issue and our first call was tonthe party we purchased it from, not immediately to the party that provides the warrantee. Within the above contexts Sloan’s statement does not strike me as so far out of the norm. |
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How many years later is it legitimate to go back to an innocent seller?
What is an "unknown" seller and why did Sloan limit the guarantee to that? I think you are being too kind here. Way too kind. Sloan should be manning up not looking to say we're your court of last resort. THEY graded the cards not the sellers. |
I find both PSA's and PWCC's responses to this situation pathetic and ill-advised. If they want to regain trust in their brands, they should ONLY be responsive, helpful and proactive. They are being deflective and standoffish. Bad business.
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Old established problem, but suddenly it's now a crisis?
I've been on a hiatus of sorts for the past four years or so, but just happened to look at the message board for old time sake and noticed the proliferation of threads regarding altered PSA cards. Needless to say, it should have not come as a surprise to me. Why it now seems like a scandal is perplexing.
I thought the issue of a substantial amount of altered cards being systematically slabbed and graded by PSA is old news going back at least 10 years. Was it just skepticism in the past and now it's an irrefutable crisis? What am I missing? As for PSA's response regarding altered cards, based on my past experience, one should be cynical regarding PSA's disturbing history of dealing with the problem. |
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I'm glad to see you're still here fighting for truth, justice and the American way. |
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At this point, I would feel better with a TPG that ONLY slabs unaltered cards and does not do numerical grades. So their only focus is spotting fakes and alterations while using the best possible slabbing techniques and tech to keep cards safe. PSA and BGS are done, IMO. I love the BGS slabs, but they slab sheet cuts and can't spot alterations. I hate PSA slabs and they can't spot alterations. SGC slabs are ugly and flimsy. So now what?
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I've not posted much at all on this, but have certainly been active in reading as much as I can. Maybe that's because I have a job, and a second small business on the side (not card related).
What bothers me about going back to the seller is what happens if that seller bought the card from another seller earlier. Now is that seller supposed to go back to the last seller? And then so on? Not all sellers are the original graders. Back to the car comparison, if you buy a used (and relatively new) car from someone, and that car has a recall, do you go back to the guy you bought it from? Of course not. The whole premise of PSA's business model is to remove the doubt around the product they viewed. For me right now, my buying habits have in fact simply stopped. Have been that way for about three weeks now. This makes me sick, and I'm not sure how much I want to continue at the moment. While I'm a small fish, this hurts all dealers, and I will guess am not alone at eliminating my purchases. Further, this fall I have planned and booked a trip to New York, primarily around finally bringing a large amount of my collection into the PSA offices in NJ, or at the New York Comic Con. My wife and I are spending ten days in the city, but the destination for this vacation was predicated around getting some of my higher end stuff graded. While it may not be much to some collectors here, it is a lot for me. Included in the batch is a complete set of V145-1 hockey with a nice Morenz, Clancy, and Joliat RC's and a host of HOF'ers, some 52 Topps including Matthews and Mays, and dozens and dozens of other cards in the $100-$1000 range. It would cost me, I don't know, a couple of thousand to grade them, if not more? In any case, it is now off the radar. Not giving these guys four figures of cash for an "opinion" that cannot be backed up. I will, however, have an extra day or so in New York, and some extra cash. |
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If you eyeball the list of alleged flip number ranges of suspected cards that is posted on BO the last time I checked it looked like there were on the order of 1000 items. I did say “so far”. It’s early into this. Nobody knows how deep this rabbit hole goes. I also said I expect that the number would grow. What you call spin I call letting it play out and in facts before rushing to judgment. Anyone who owns a significant number of PSA authenticated items has a vested interest in what ultimately comes out of this. I see no one questioning the person who posted that there were over 100,000 items about how he came up with that number. I don’t understand the predominant need to try to hang PSA and significantly increase the damage to innocent collectors based on what we have learned so far. |
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You need to send a check or credit card in order to pay for the items, and who would vouch for Moser time and time again to cover his items or pay for his services? (Well Brent, but who else?) They need to release all of his submitted cards, decertify them so that the website tells them to return them for a review under the grade guarantee, and then actually do their job a second time. If they have to crack the card to see the edges, no problem. They have the slabbing machines. No reason they shouldn't see the edges clearly and not have to worry about glare to detect reglossing/recoloring. They need to post on the front page of the website their lukewarm initial answer to make their owners more aware of the issue. I did get an email response from Mr. Sloan today. |
That’s along the lines of the J&J approach that was used with the Tylenol issue years ago. It was the classic “right” way to handle a problem of this nature, although admittedly the consequences of that one were potentially life and death
It would be nice to have that kind of approach taken, but given what has been done in the past by PSA I doubt we will see anything near that. The more familiar “circle the wagons” approach is more typical from their playbook. |
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Welcome back to the board. A lot of us knew 10-15 years ago that altered cards were getting slabbed, and at an alarming rate. I know that when I told collectors about it, they thought it was just some harebrained idea, so most of us didn't publicize it. Now it's out in the open, which is a good thing. Maybe it will finally be properly addressed (not guaranteed). |
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I would keep those beauties raw. I wish I had kept my set raw tbh |
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The "negotiation" of the return was very brief. Hi, do you recall selling me this half dollar? Yes, that was a while ago. I sent it in before selling it, and it came back as altered Oh, can I take a look? Sure, I think the mintmark was added. Well, you're right. It has been. I don't know how I missed it. What did you pay I think it was $X That sounds about right, is a check ok? I still visit his shop, and that was in I think 87. Of course, he wasn't the one doing the altering. I also got a good look at the altered coin, especially the added mintmark. It was a neat learning experience for me, not such a good day for him. I think the coin went on the next trip to the smelter along with the rest of the junk silver. |
I can just imagine calling a big AH and saying I won a card from you 5 years ago that I would now like to return for a refund because I suspect it's altered. Or even better, a small ebay seller. The statement is obnoxious, in my view.
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When I was running the bicycle shop I do some work for, I essentially took the same view. I know my own work, and while we had a stated warranty of I think 90 days when I got a bike in that I'd worked on that wasn't really right, and that I could tell hadn't been ridden much in about 2 years, I fixed it free. New tires had been part of the original repair, and the little rubber bits from the mold venting hadn't even worn off. Talk about a surprised and happy customer. :D |
PSA is doing everything they can to:
That is all. |
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It's up to you the collector to figure out if you have problem cards. We aren't going to help.
And if you do, don't bother us, call the seller. If the seller is "unknown," we'll help you. By the way, the incredible array of altered cards you're seeing on message boards -- don't worry, PSA is well-versed in detecting fraud. |
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"Hello, I purchased a 1900 Cope's Golfers Tom Morris card from PWCC for $757.76 plus $8 shipping.on May 23, 2017. With what has come to light in recent weeks, I now believe the card was consigned by Gary Moser and was previously in a PSA 2 holder before being altered/soaked. Had I known the card came from Moser and was likely tampered with, I never would have bid on the card. I am reaching out to you to see what PWCC plans to do for customers who purchased Moser cards that were altered and now reside in higher-graded PSA holders? Would you kindly advise me of the company's position for those customers who purchased Moser cards from you? Sincerely, Eddie Smith" |
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