PSA Response from President Steve Sloan

[70ToppsFanatic]

Originally Posted by perezfan

To claim that only 1,000 bad cards have made it into PSA Holders is a ridiculous understatement. It takes a ton of work and research to positively expose just one single card. For every one that is exposed, you can figure there are about 10 that get by unscathed. The fact is nobody will ever know how many bogus cards are circulating in various collections, now that the cat is out of the bag.

So the "THREE THOUSANDTHS OF ONE PERCENT" claim is completely baseless.

You can really tell from these posts who cares about the integrity of the hobby, and who is motivated by money. I urge anyone here who truly cares about the hobby to boycott PSA and stop sending them submissions. They'll likely not make good on their supposed "guarantee", so this is one of very few meaningful actions we can take to instigate change.

Selectively quoting me does not make your mob mentality valid.

“3/1000ths of a percent SO FAR!”

“I too believe there is more to be uncovered...”

This is still America people. Remember innocent until proven guilty?


From what has been discovered it appears that PWCC was somehow involved in some unethical and possibly illegal things with some know scams artists. It also appears that they managed to slip some things through PSA and other TPGs.

And here you are, part of a mob that is spouting off all sorts of wild ideas about PSA being complicit in this, PSA is going to weasel out of its guarantee, and other generally unflattering conspiracy theories without any real evidence to substantiate it.

PSA is doing what just about any other publicly traded corporation does when an apparent primary product/service failure has occurred; trying to weed out what of that which has come out is indeed true and what is not, trying to identify what risks exist for the company as a result of it, trying to identify other parties that could potentially be held accountable, trying to minimize the damages to the company, trying to reassure customers, etc.

It may ultimately be proven that there are 100,000 tainted items, but right now there isn’t any evidence to back that up. There is evidence that has been developed that suggests about 1,000 so far. Are 1000 too many? Yes, but it’s far from the epidemic level that the mob is currently panicking about.

For someone who claims to be so concerned about integrity you certainly don’t seem to be very worried about the integrity and fairness of passing judgment on people like myself, and PSA for that matter, without proper basis in fact.