Quote:
Originally Posted by Bigdaddy
One big note here is that PWCC has plenty of competition in several other auction houses. They always seemed to have 'nice stuff', but maybe that was because they were enabling the doctors to bring it to market. If that distinction of having the best stuff goes away, it would be easy for folks to walk away from PWCC. There is nothing to lose. And as soon as the buyers stop buying, the consignors will stop consigning.
PSA on the other hand, has very limited competition and unless another entrant stands up or SGC really steps up their game, that won't change. People have a lot of money on the line with the PSA entombed cards, and folks would lose a lot of money by moving from PSA.
I can see the scenario where PWCC takes a big hit but PSA keeps steam-rolling right along.
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You’re spot on with your last part.
PSA is Teflon it doesn’t matter if they grade bad cards or not. The cards keep coming in for their opinion.