[ullmandds]

Originally Posted by swarmee

This is the exact right question. Since the Emperor is wearing no clothes, why should any high grade card have a value worth more than a nice looking Altered card? If enough people start subscribing to that way of thinking, the whole exponential growth curve of graded card collapses.
This is why there are only a few people discussing it on this board and Blowout, and almost nobody on the CU/PSA boards. Too much invested in the segment. If you have millions of dollars in graded cards right now, you're freaking out. The vast majority is sticking their heads in the sand, hoping that it will all just blow over and go away, protecting their asset class.

yup!