USA TODAY article regarding FBI subpoenas, doctoring, etc......

[barrysloate]

Originally Posted by Johnny630

If the past is indicative of future results I’d say unfortunately PSA will get away with it again .....Registry is and will continue to be the brilliance that keeps them in business it’s a shame but Big Money Trumps All ....I would be surprised if PSA takes any Or is held accountable with anything.
It’s up to the Market/Consumers to put PSA in it’s place not LE.

Johnny- at the end of the day it will be the buyer, and not PSA, who will determine what all these slabbed cards are worth. We have no certainty where this is all heading, but if the buyers lose confidence prices will fall. Yes, some will hold onto their slabbed cards for dear life, but the buyers and not the sellers will be in control of the situation.

[keithsky]

It's sad because when PSA started there was no set rules about grading they made up there own rules and everyone followed right along. They didn't have anyone to tell them what was right or wrong because there was no grading before that. That is why there needs to be set standards or something for these TPG to abide to otherwise they will just keep slipping under the radar forever.

[steve B]

Originally Posted by keithsky

It's sad because when PSA started there was no set rules about grading they made up there own rules and everyone followed right along. They didn't have anyone to tell them what was right or wrong because there was no grading before that. That is why there needs to be set standards or something for these TPG to abide to otherwise they will just keep slipping under the radar forever.

They actually sort of followed what Beckett said, like nearly everyone else.

[Johnny630]

Originally Posted by barrysloate

Johnny- at the end of the day it will be the buyer, and not PSA, who will determine what all these slabbed cards are worth. We have no certainty where this is all heading, but if the buyers lose confidence prices will fall. Yes, some will hold onto their slabbed cards for dear life, but the buyers and not the sellers will be in control of the situation.

Exactly

[frankbmd]

If I store my cards in a vault somewhere and sell it to a buyer who stores his cards in the same vault somewhere, I would be less concerned about the buyer’s eyes affecting the purchase price. To quote Alfred E. Newman, “What? Me Worry?”

[frankbmd]

If I store my cards in a vault somewhere and sell it to a buyer who stores his cards in the same vault somewhere, I would be less concerned about the buyer’s eyes affecting the purchase price. To quote Alfred E. Newman, “What? Me Worry?”