Catch 22 of card grading - is it worth the gamble?

[swarmee]

Originally Posted by BobC

You are absolutely right, but then to my knowledge, no one has really taken on a TPG in court over their terms and conditions, have they?

There was a guy two years ago who sued Beckett for $500K or so when a BGS number-graded card he bought was identified as altered.
You could look through auburn35's posts on Blowout to see if you can find it. I don't recall seeing an update on it. But yes, choosing the nuclear option of suing a grading company basically cuts you out of ever using that company again.

[Snowman]

Originally Posted by swarmee

There was a guy two years ago who sued Beckett for $500K or so when a BGS number-graded card he bought was identified as altered.
You could look through auburn35's posts on Blowout to see if you can find it. I don't recall seeing an update on it. But yes, choosing the nuclear option of suing a grading company basically cuts you out of ever using that company again.

Good luck with that auburn35, lol. Sounds like someone has some money to burn.

[G1911]

From the outside looking in, I hear much about undergraded cards but mostly see overgraded cards. I find a majority of my crack outs are overgraded (since these are the cards I can best examine, a scan doesn’t show everything but a card broke free in hand does), some of them grossly so.

[Dandor]

Originally Posted by G1911

From the outside looking in, I hear much about undergraded cards but mostly see overgraded cards. I find a majority of my crack outs are overgraded (since these are the cards I can best examine, a scan doesn’t show everything but a card broke free in hand does), some of them grossly so.

The majority of my "under graded" cards are in my PC and will never leave. If I get an "over graded" card it is going to COMC for me to sell. I think that is how a lot of collectors are. Over graded cards hit the marketplace much more often.

[G1911]

Originally Posted by Dandor

The majority of my "under graded" cards are in my PC and will never leave. If I get an "over graded" card it is going to COMC for me to sell. I think that is how a lot of collectors are. Over graded cards hit the marketplace much more often.

This is probably true, which is what it makes it so difficult to get any kind of a valid dataset or batch to look at.