Money in the hobby

[samosa4u]

Originally Posted by rainier2004

It also seems like there are more problems now than I ever remember and eventually these problems will lead people away from cards.

Not true at all. I remember if you went on any online forum 15 years ago, you'd find all kinds of crazy threads discussing grading companies, auction houses, their employees, etc.

Originally Posted by rainier2004

I guess its just the amount now that makes me so nervous...my gut is starting to bother me about how expensive everything is getting. What would happen if PSA was found to be corrupt tomorrow and theyre name became worthless?

Corrupt is a very broad term, so you're going to have to be a little more specific here. How would PSA found to be corrupt?

[rainier2004]

Originally Posted by samosa4u

Not true at all. I remember if you went on any online forum 15 years ago, you'd find all kinds of crazy threads discussing grading companies, auction houses, their employees, etc.

Yeah but I feel there is more now than there was then. There also seems to be information now then there was 15 years ago. There were less auctions houses, eBay was king with no major sellers like Probstein or PWCC and Mastro and Allen were, well, what they have been proven to be.

Corrupt is a very broad term, so you're going to have to be a little more specific here. How would PSA found to be corrupt?

Corrupt - To act dishonestly to benefit yourself or others either monetarily or by some other compensation. That is my definition, not sure how that compares to Websters. I'm not saying PSA is corrupt, but what if they were? Are the prices for the cards or the flips? The cards have been around for a long time and always posed barrier of entry to the hobby d/t experience and overall knowledge. TRUST in PSA, as the major grader ion the hobby, eliminates those issues knowing their purchase is protected by that flip. SO what if it was found that PSA had a couple card doctors in their back pocket that also worked worth a major seller or 2? What if it was proven they started doing this in 1994...that would be a lot of cards and flips. I'm am NOT saying any of this is true in any remote fashion, but what if it was proven to be. What would happen to the hobby? Values? Total collectors? I think you would see a dramatic shift.

[rainier2004]

Originally Posted by samosa4u

Not true at all. I remember if you went on any online forum 15 years ago, you'd find all kinds of crazy threads discussing grading companies, auction houses, their employees, etc.

Yeah but I feel there is more now than there was then. There also seems to be information now then there was 15 years ago. There were less auctions houses, eBay was king with no major sellers like Probstein or PWCC and Mastro and Allen were, well, what they have been proven to be.