PSA Response from President Steve Sloan

[Peter_Spaeth]

Originally Posted by vintagetoppsguy

This is where they lose trust. Things have been kept in private for way too long.

Jesus the day I agree 100 percent with David, something must be wrong.

[Peter_Spaeth]

.

[jhs5120]

As with any financial transaction, if you are unsatisfied with your purchase, contact the seller to initiate a refund request.

PSA’s financial guarantee doesn’t protect the original submitter. If PWCC really is submitting most of these cards, it may put them in a pickle (and reduce the potential warranty exposure).

First smart thing I’ve seen anyone do in this whole debacle.

[MULLINS5]

Originally Posted by jhs5120

As with any financial transaction, if you are unsatisfied with your purchase, contact the seller to initiate a refund request.

PSA’s financial guarantee doesn’t protect the original submitter. If PWCC really is submitting most of these cards, it may put them in a pickle (and reduce the potential warranty exposure).

First smart thing I’ve seen anyone do in this whole debacle.

Exactly. PWCC is the seller and PSA is pissed at them. PSA also scrubbed their site of PWCC. Clearly PWCC played a big part in this. Time will tell, hopefully.

Edit to add PSA removed SMR article on PWCC, didn't scrub them entirely.

[Peter_Spaeth]

Originally Posted by MULLINS5

Exactly. PWCC is the seller and PSA is pissed at them. PSA also scrubbed their site of PWCC. Clearly PWCC played a big part in this. Time will tell, hopefully.

Without a list of cards coming from them it's useless drivel. They never provided one in WIWAG.

[BengoughingForAwhile]

Originally Posted by Peter_Spaeth

Without a list of cards coming from them it's useless drivel. They never provided one in WIWAG.

Didn't you hear? The list is coming in the "near future"!

[vintagetoppsguy]

The smart thing to do by PSA is to put the blame on one rogue grader...even if he's not guilty. Offer him a nice severance package or something. When all this is over, PSA has to admit one of two things: (1) they had a grader on the take and they took care of the situation or (2) they're totally incompetent. Which is better from a business perspective?

[swarmee]

Originally Posted by vintagetoppsguy

The smart thing to do by PSA is to put the blame on one rogue grader...even if he's not guilty.

Might work for the public. Won't work for the Feds.

[vintagetoppsguy]

Originally Posted by swarmee

Might work for the public. Won't work for the Feds.

True

[vintagetoppsguy]

Originally Posted by Peter_Spaeth

Jesus the day I agree 100 percent with David, something must be wrong.

Well, it is lightning here in Houston. I better stay indoors.

[Peter_Spaeth]

Originally Posted by vintagetoppsguy

Well, it is lightning here in Houston. I better stay indoors.

It's surreal. A massive scandal showing potentially thousands of altered PSA cards is revealed, and the response is to reassure us PSA is well-versed at detecting fraud, I mean WTF is going on here? Who do they think they're talking to?

[JeremyW]

The way I see it is that PSA in on the hook for almost one million dollars worth of liability with their guaranty.

[Fuddjcal]

Originally Posted by Peter_Spaeth

Jesus the day I agree 100 percent with David, something must be wrong.

agreed. I guess we're not all that different after all? That we have a very low threshold for complete scammers in the hobby we all love(d). I've loved it on and off my entire life and this PWCC scam is neither fun nor funny, IMHO. Thanks Brent Mastro!, Thanks PSA!

I do try to stand up for I feel is right and fight authority whenever I can. PWCC has been on my s*** list but now you can add PSA to the list of companies I'm hating on right now after that very weak response. Just pathetic. My fake crap is going into the attic immediately right next to my fake autographed photos and fake baseballs. I'm done. What I have I have and not 1 more PERIOD!

I am done talking about it which will make many of you very joyous (especially Leon)

The last thing I do for the hobby and my fellow collectors will be to get the
F Face cards made for the National.