PSA/DNA Precert question

[Exhibitman]

So-called "Auction LOAs" or "Pre-Certs" are the autograph equivalent of popcorn farts. Worthless. All it guarantees is that you get to spend money with a TPG that the AH was not willing to spend. Everyone has horror stories. I won a single item from an auction with a JSA 'Auction LOA'. I took the item to JSA and they rejected it. It wasn't one among many items, it was the sole item in the lot, so that tells me all I need to know about the value of these silly pieces of paper.

[Klrdds]

Originally Posted by Exhibitman

, so that tells me all I need to know about the value of these silly pieces of paper.

In my opinion and without trying to offend anyone the value of those pieces of paper .....are the equivalent of toilet paper for the collecting world.

[RichardSimon]

An auction COA, IMO, means that "someone" at a TPA looked at the autograph from a scan and thought it was ok. I believe that nothing more than that took place.

[Republicaninmass]

I think the auction houses are allowed to print them without anyone looking at the lots. If they fail within 30 days of the auction, the items can be returned. Possibly psa and jsa are ok with this? I just cant believe there can be a difference between and auction LOA and a real one. I'm wondering what repercussions either company could face.