Outed cards, now including a 130K gain on an Aaron rookie

[Leon]

Originally Posted by Peter_Spaeth

all is well

https://seekingalpha.com/article/430...=seeking_alpha

From the article-

As more people become aware of the PSA and PCGS brand name, trust becomes a key component in the marketplace. It is a guarantee that gives buyers and sellers stable ground around transactions.



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[Peter_Spaeth]

Originally Posted by Leon

From the article-

As more people become aware of the PSA and PCGS brand name, trust becomes a key component in the marketplace. It is a guarantee that gives buyers and sellers stable ground around transactions.



.

Amen. Tell it, Joe.

[Johnny630]

Originally Posted by Peter_Spaeth

Amen. Tell it, Joe.

Their company is based on pure opinion only based grading. They have a Teflon non stick business model with rockstar marking, pop report and registry.
They will never be taken down. It’s only their opinion.

[Peter_Spaeth]

You don't pull the mask of the old Lone Ranger
And you don't mess around with Joe

[Johnny630]

PSA Definitely has A Cult Like Base it’s Growing Everyday

When people believe a card in their holder will always be worth more money they will do anything they have to do to get said card in a Newport Beach Holder.

[Peter_Spaeth]

No one knows how all this will turn out of course, but it would not surprise me at all if Joe is able to stuff this the same way he was able to stuff WIWAG, Mexican holders, etc. He is not to be underestimated, and there are many factors on his side. Among those factors are allegiance, addiction, and indifference.

[Johnny630]

Originally Posted by Peter_Spaeth

No one knows how all this will turn out of course, but it would not surprise me at all if Joe is able to stuff this the same way he was able to stuff WIWAG, Mexican holders, etc. He is not to be underestimated, and there are many factors on his side. Among those factors are allegiance, addiction, and indifference.

Agree they’re masters in marketing I think this will all blow over. Like you said we are just a few malcontents on a message board.

[bnorth]

Originally Posted by Peter_Spaeth

No one knows how all this will turn out of course, but it would not surprise me at all if Joe is able to stuff this the same way he was able to stuff WIWAG, Mexican holders, etc. He is not to be underestimated, and there are many factors on his side. Among those factors are allegiance, addiction, and indifference.

I could be wrong but I don't think Joe has much to do with it. For me it is the people with tons of cash wrapped up in those magic plastic holders, the card doctors(way more of those than you could ever imagine), and the dishonest dealers(also WAY more than you think) that rely on those magic plastic holders for their living.

So not to leave Beckett out just ask Joe Clemons how awesome they are.

SGC closed down is autograph department it was so bad.

Hit the major 3 to keep it somewhat fair.

[WhenItWasAHobby]

Originally Posted by Peter_Spaeth

No one knows how all this will turn out of course, but it would not surprise me at all if Joe is able to stuff this the same way he was able to stuff WIWAG, Mexican holders, etc. He is not to be underestimated, and there are many factors on his side. Among those factors are allegiance, addiction, and indifference.

Don't forget lack of awareness of the problem. If 90% of the PSA collectors knew how bad it is, it would impact the market and PSA would have to step up and at least make some gesture of mitigating the problem. Historically, their motto has been, "Silence is golden" with an aggressive deletion of message board posts that raise awareness of the scandal.