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  #1  
Old 11-08-2019, 04:51 PM
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WhenItWasAHobby WhenItWasAHobby is offline
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Quote:
Originally Posted by Johnny630 View Post
https://www.blowoutforums.com/showth...90614&page=235


Lajoie Horrendous

This would be a perfect example, amongst thousands of other disgraced graded cards to show on Display at every card show next to their booth.......
This is the opinion you’re paying for....think twice
Nice! A one point bump with more visible damage. Nothing out of PSA surprises me anymore.
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  #2  
Old 11-08-2019, 07:31 PM
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perezfan perezfan is offline
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Originally Posted by WhenItWasAHobby View Post
Nice! A one point bump with more visible damage. Nothing out of PSA surprises me anymore.
Yet on the other concurrent thread concerning the crack out and return of the GAI Card, everyone automatically seems to believe PSA is right and GAI was wrong. After thousands of concrete examples of egregious PSA mistakes, the assumption is still that PSA is infallible somehow. Explains a lot about the hoards of sheep in submission lines, and high prices still being realized in PWCC Auctions.

To (kind of) quote Steely Dan...

But they wouldn't know a trimmed card if they held it in their hand
The things they think are precious, I can't understand.
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  #3  
Old 11-08-2019, 07:44 PM
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Originally Posted by perezfan View Post
Yet on the other concurrent thread concerning the crack out and return of the GAI Card, everyone automatically seems to believe PSA is right and GAI was wrong. After thousands of concrete examples of egregious PSA mistakes, the assumption is still that PSA is infallible somehow. Explains a lot about the hoards of sheep in submission lines, and high prices still being realized in PWCC Auctions.

To (kind of) quote Steely Dan...

But they wouldn't know a trimmed card if they held it in their hand
The things they think are precious, I can't understand.
They're reeling in the cash for sure.
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  #4  
Old 11-08-2019, 07:47 PM
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Originally Posted by Peter_Spaeth View Post
They're reeling in the cash for sure.
Haha....

You one-upped me!
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  #5  
Old 11-08-2019, 07:55 PM
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Quote:
Originally Posted by perezfan View Post
Yet on the other concurrent thread concerning the crack out and return of the GAI Card, everyone automatically seems to believe PSA is right and GAI was wrong. After thousands of concrete examples of egregious PSA mistakes, the assumption is still that PSA is infallible somehow. Explains a lot about the hoards of sheep in submission lines, and high prices still being realized in PWCC Auctions.
Missing an alteration is a lot more common, and understandable, than identifying an alteration that isn't there.

PSA had every incentive to grade that $5,000 Gehrig with a number, and charge the corresponding grading fee. They saw something significant enough wrong with the card that they passed up that grading fee.
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  #6  
Old 11-08-2019, 08:00 PM
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Originally Posted by Mark17 View Post
Missing an alteration is a lot more common, and understandable, than identifying an alteration that isn't there.

PSA had every incentive to grade that $5,000 Gehrig with a number, and charge the corresponding grading fee. They saw something significant enough wrong with the card that they passed up that grading fee.
I thought you pay for the review irrespective of the result.
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Four phrases I have coined that sum up today's hobby:
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Stuff trumps all.
The flip is the commoodity.
Animal Farm grading.
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  #7  
Old 11-08-2019, 08:10 PM
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Originally Posted by Peter_Spaeth View Post
I thought you pay for the review irrespective of the result.
So it cost the buyer the price of getting a $5,000 dollar asset graded, so he could learn the asset was doctored, and worth only a small fraction of that? And PSA still didn't re-slab it?

I've never had an asset graded by any TPG so I'm just asking because I don't know how it works. I assumed the grading fee correlated to the actual value of the asset.
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  #8  
Old 11-08-2019, 11:00 PM
Johnny630 Johnny630 is offline
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Sadly everything to me is baked in........except it or move on seems to be the theme of the industry/hobby............I’m totally in a seemingly endlessly melancholy state in terms of the hobby.

It’s sad......
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  #9  
Old 11-09-2019, 05:10 AM
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Originally Posted by Mark17 View Post
I assumed the grading fee correlated to the actual value of the asset.
Usually yes, but if you submit at a high price level and the card is found to be counterfeit, PSA doesn't refund you anything. If the card was submitted at a cheap level and then garners a grade making it worth a lot, they will contact the submitter and charge more for the submission after the fact.
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  #10  
Old 11-09-2019, 06:25 AM
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Originally Posted by swarmee View Post
Usually yes, but if you submit at a high price level and the card is found to be counterfeit, PSA doesn't refund you anything. If the card was submitted at a cheap level and then garners a grade making it worth a lot, they will contact the submitter and charge more for the submission after the fact.
Thanks for the info!

So, regarding the other concurrent thread, a buyer pays over $5k for a card graded 7, he then presumably pays the PSA fee to confirm authenticity/altered status/regrade, discovers it has been doctored, and returns the card (without the deceptive - worse than worthless - GAI holder.) It seems to me that the buyer really came out on the short end, losing those PSA fees.

And the seller receives his card back, along with info PSA determined, without having to pay PSA for it.

Ordinarily I would say the seller received a free review of his card and should appreciate that, but of course I understand, since the news from PSA was bad, it was news the seller did not want to hear. And since the card is now out of the GAI holder, its doctored status can no longer be hidden.

Last edited by Mark17; 11-09-2019 at 06:27 AM.
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  #11  
Old 11-11-2019, 11:04 AM
Fuddjcal Fuddjcal is offline
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Quote:
Originally Posted by swarmee View Post
Usually yes, but if you submit at a high price level and the card is found to be counterfeit, PSA doesn't refund you anything. If the card was submitted at a cheap level and then garners a grade making it worth a lot, they will contact the submitter and charge more for the submission after the fact.
AND that's a scam in it's own right, IMHO.
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