Quote:
Originally Posted by Goudey77
I get that most posting on this subject is making a statement through their actions. If that is the case then look into your TPG's (PSA comes to mind) do you stop buying anything PSA graded? Because of the potential issues surrounding their business?
Let's not be hypocritical here. Pointing fingers can't stop at one source.
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I agree with you in theory, but the reality is that PSA is just so pervasive. Professional grading certainly has it's faults, but if I'm buying a $100 card that I'm not able to physically inspect first online, I'm going to want something in a slab. I am an SGC fan and will always try to find their slabs first, but in many cases whatever I'm looking for exists in multiples online with PSA vs. SGC. While I don't think PSA is totally above board, at least recently in their dealings with PWCC and possibly others, I do think that a vast majority of midrange vintage cards in their slabs are apt to be accurately graded. Last year's scandal, while disturbing - didn't really do much in terms of knocking PSA from their position / reputation as the market leader. Vintage HOF cards still easily sell for more in PSA slabs than the same card raw. While I can say I don't like this, as a collector who occasionally sells cards to finance other things - I also can't totally ignore it.
I will agree it's a bit of a double-edged sword and less than an ideal situation.