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Originally Posted by Rhotchkiss
I am very interested to see how this shakes out. AJ, thank you for posting about this and please keep us updated. Posting this on a public forum (one PSA does not control), could have some impact on PSA's response, especially in light of new ownership.
I agree with Pete that there is new ownership and we should see how they handle this before we all go crazy. While I am very doubtful, the new owners deserve a shot. I also agree with Peter that there is no way PSA could ever fully honor its guaranty in light of all the altered cards in PSA slabs; especially considering that the value of those cards are 2-10x what they were 6 months ago.
Anyway, lets see how it shakes out.
AJ, there are some who have been looking for a higher profile test case to litigate PSA's guaranty. This seems like a decent example. If you choose to get a lawyer and litigate, I am sure there are a number of people who would contribute something to the cost. Just sayin.....
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A much better test case IMO would be where the seller refused to refund the buyer, and the buyer promptly made a claim on the guarantee. It will certainly be interesting to see how this plays out, and hopefully for the best, but I don't think it's a typical or ideal case.