Of course, and all auction houses are licensed. So to say the industry doesn't have any authorities or laws they're beholden to is completely wrong.
Caveat emptor, but if that PSA 9 used to a PSA 5 with pressed out crease, no problem I guess. Surely the additional $15K in sale value makes sense.
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PWCC: The Fish Stinks From the Head
PSA: Regularly Get Cheated
BGS: Can't detect trimming on modern
SGC: Closed auto authentication business
JSA: Approved same T206 Autos before SGC
Oh, what a difference a year makes.
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