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Bottom of the NinthSuperior was affiliated with CU well before CU became CU. I knew one of the guys who did buying for PSA and he would run around shows with a fat checkbook buying up all of the high end examples of cards in PSA 7's and PSA 8's. I know this because I was in possession of plenty of them. I suspect those cards were all bumped.
At the last National in Anaheim, CA CU had a booth at the back of the room where they were blowing out the remains of raw cards from a enormous vending unopened case/box run of cards in which they spent in excess of a million bucks.
I never understood how they were given the "ok" to go public with the conflict of interest that existed-retail, authenticating, price guide, etc. In fact, my recollection is that in the prospectus it said that money from the IPO was being held for purchases of inventory. Got to love the SEC for looking out for creditors and investors.