PWCC Auctions this evening

[Peter_Spaeth]

Originally Posted by Johnny630

I wonder if he is still a client of any High Profile Defense Attorney?

Who, Brent?

[Johnny630]

Originally Posted by Peter_Spaeth

Who, Brent?

Yes

[Schlesinj]

I remember someone posted in the Rickey Henderson thread about the 10 that sold for $140k or so describing how little 10 were as a percentage which seemed almost a manipulation based on the # of submissions.

I do think in the 80s-early 90s people tried to take care of cards (yes I know centering etc matters), so you would think those %s would be higher compared to 70's and older.

[Johnny630]

Originally Posted by Schlesinj

I remember someone posted in the Rickey Henderson thread about the 10 that sold for $140k or so describing how little 10 were as a percentage which seemed almost a manipulation based on the # of submissions.

I do think in the 80s-early 90s people tried to take care of cards (yes I know centering etc matters), so you would think those %s would be higher compared to 70's and older.

That was me...and it was $180,000 !!!!

I said that was not a true value. Never said anything about manipulation or # of submission I was simply stating the Opinion that I did not believe that was a true value for a PSA 10 Henderson Topps Rookie.

[Peter_Spaeth]

Originally Posted by Johnny630

Yes

I would assume he has the same representation.

[Johnny630]

Originally Posted by Peter_Spaeth

I would assume he has the same representation.

If that assumption is correct would it not leave one to believe that their business practices are Kosher and Not Violating and Laws ???

[ASF123]

I remember someone posted in the Rickey Henderson thread about the 10 that sold for $140k or so describing how little 10 were as a percentage which seemed almost a manipulation based on the # of submissions.

PSA doesn't get paid to grade cards per se; PSA gets paid to create scarcity so that some people win the lottery and can sell otherwise commonly available cards for huge numbers.

I'm sure they are well aware of this, and it gives them every incentive to keep the high-grade populations down. Whether they do it by rewarding favored submitters, or by creating subjective "extra-super-duper-mint" standards that are (a) essentially intangible and (b) practically unattainable, or by some combination of both, I'm sure they do it.

[Peter_Spaeth]

Originally Posted by Johnny630

If that assumption is correct would it not leave one to believe that their business practices are Kosher and Not Violating and Laws ???

I think that misconstrues the general nature of representing a defendant in a criminal investigation or lawsuit. I don't, for example, consider it my job to monitor what my clients do on a day to day basis and if they do something wrong that's on them, not me. That said, it's possible the lawyer at the request of the client could be more involved on an operational basis, I just don't know. And if the lawyer makes an affirmative statement suggesting the client is now clean, of course you should hold him to it.

[Oscar_Stanage]

Originally Posted by ASF123

PSA doesn't get paid to grade cards per se; PSA gets paid to create scarcity so that some people win the lottery and can sell otherwise commonly available cards for huge numbers.

I'm sure they are well aware of this, and it gives them every incentive to keep the high-grade populations down. Whether they do it by rewarding favored submitters, or by creating subjective "extra-super-duper-mint" standards that are (a) essentially intangible and (b) practically unattainable, or by some combination of both, I'm sure they do it.

https://allvintagecards.com/psa-undergrading-key-cards/

all the evidence is here. this is proof of complete incompetence (at best). No idea why anyone gives these people a dollar.

[Peter_Spaeth]

Originally Posted by Wid_Conroy

https://allvintagecards.com/psa-undergrading-key-cards/

all the evidence is here. this is proof of complete incompetence (at best). No idea why anyone gives these people a dollar.

Of course you know why. It generates incredible profits for many many people.

[Johnny630]

Originally Posted by Peter_Spaeth

I think that misconstrues the general nature of representing a defendant in a criminal investigation or lawsuit. I don't, for example, consider it my job to monitor what my clients do on a day to day basis and if they do something wrong that's on them, not me. That said, it's possible the lawyer at the request of the client could be more involved on an operational basis, I just don't know. And if the lawyer makes an affirmative statement suggesting the client is now clean, of course you should hold him to it.

Well said I wasn’t taking that into consideration 👍

It’s simply about money and greed. Not about love for baseball cards or the game. This too shall pass just as it did two decades ago. I collected for the love of the game then and still do.

[ASF123]

all the evidence is here. this is proof of complete incompetence (at best). No idea why anyone gives these people a dollar.

Indeed. And by all accounts they have gotten much more stringent over the years (overall, albeit wildly inconsistently). What was a 7 twenty years ago would be a 5 today, etc. Of course this is necessary to keep the high-end populations down as more and more cards get graded.