View Single Post
  #11  
Old 08-28-2019, 01:21 PM
WhenItWasAHobby's Avatar
WhenItWasAHobby WhenItWasAHobby is offline
Dan Marke1
Member
 
Join Date: May 2009
Location: Houston-area
Posts: 650
Default

Quote:
Originally Posted by Peter_Spaeth View Post
To me there are two things that could significantly hurt PSA: a criminal prosecution or unambiguous revelations of corruption at a high level, possibly in a civil suit. I don't, though, think either of these is at all a likely scenario. Otherwise, with no real competition and a large part of the market entrenched in slabs and registry sets, I think they skate on.
You are very likely correct in your analysis. Unless an insider steps forth, NDA be damned, and blows the whistle on deliberate corruption, then I could see serious problems for CLCT. But that's not likely for a variety of reasons. A possible third scenario would be widespread media attention on a major scale that discredits the legitimacy of their service and in turn causes panic and/or alienation among collectors and auction sites. That too is unlikely, but still possible.
__________________
"The only thing necessary for the triumph of evil is for good men to do nothing." - Edmund Burke

"It's easier to fool people than to convince them that they have been fooled." - Mark Twain
Reply With Quote