One clear example, in my mind, of fractional ownership that has ruined the hobby is that PSA under Collectors Universe is a publicly traded company. Ultimately, PSA answers to the stockholders and the users of their service are secondary.
PSA engages in a service that is very subjective, and to keep cost low they offer a service of inspecting a card for typically 20 seconds without a rigorous, scientific program to detect alterations. The bottom line is meeting corporate objectives, so it's easy to see how a company like PSA get caught up in a scandal like this.
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"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
Last edited by WhenItWasAHobby; 08-08-2019 at 11:54 AM.
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