Ebay seller returned cracked out slab

[Mark17]

Originally Posted by perezfan

Not only does PSA collect its fee.... they are probably being more stringent than ever with their grading. Given the thousands of visible "mistakes" they've made, and the new cards that are exposed daily, their wonderful management team has surely instructed the troops to be tougher with their grading standards... at least until the heat is off.

People here are giving way too much credence to PSA.

Does that mean that in this case, the buyer paid PSA the full fee of grading a $5,000+ card, and only received the card back, in a sleeve, with the authentic-altered designation?

I was under the assumption, perhaps wrongly, that the fee paid by the buyer was smaller, but had it been a true high-grade card, PSA would've been asking for a higher fee to slab it with the decent numeric grade.

[Peter_Spaeth]

Originally Posted by Mark17

Does that mean that in this case, the buyer paid PSA the full fee of grading a $5,000+ card, and only received the card back, in a sleeve, with the authentic-altered designation?

I was under the assumption, perhaps wrongly, that the fee paid by the buyer was smaller, but had it been a true high-grade card, PSA would've been asking for a higher fee to slab it with the decent numeric grade.

The fee is for the review at the designated service level, whether or not the card is rejected.

[Mark17]

Originally Posted by Peter_Spaeth

The fee is for the review at the designated service level, whether or not the card is rejected.

So based on this it looks like he may have paid $200, and then if PSA graded it at a value higher than $4,999 they would've asked for $500 to slab it, right?

Or maybe he thought the card was as represented and paid $500 up front.

Just trying to understand how this works.

[x2drich2000]

Originally Posted by Mark17

Does that mean that in this case, the buyer paid PSA the full fee of grading a $5,000+ card, and only received the card back, in a sleeve, with the authentic-altered designation?

I was under the assumption, perhaps wrongly, that the fee paid by the buyer was smaller, but had it been a true high-grade card, PSA would've been asking for a higher fee to slab it with the decent numeric grade.

In general, you pay the fee for the value of the card regardless of whether it receives a grade or not. There have been cases where a card was submitted at a lower tier level, but when graded the card reached a value significantly above that lower tier level and PSA required the submitter to pay the higher tier level price. However, this is the exception rather than normal.