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-   -   PSA announces security chip embedded slabs coming soon (https://www.blowoutforums.com/showthread.php?t=1341710)

pip 12-28-2019 01:49 PM

[QUOTE=Soxfanguy;15386073]I wouldn’t mind if the government went into Mexico guns ablazing and hunted down these scumbags selling fake slabs. America has the tactical power to do that. However that’s a very unrealistic scenario. I don’t think it would be a good use of our resources though because fake card slabs are very low on the governments priority list.[/QUOTE]Your first post was better. Laughed really hard. You should have left it.

pip 12-28-2019 01:52 PM

I'll say one thing about CU/PSA. At least they're innovating and trying to implement further security safeguards within the designs of their coin and card holders. The two other major TPGs aren't doing sh*t.

itradeerrors 12-28-2019 02:23 PM

[QUOTE=pip;15386879]I'll say one thing about CU/PSA. At least they're innovating and trying to implement further security safeguards within the designs of their coin and card holders. The two other major TPGs aren't doing sh*t.[/QUOTE]

I really doubt it has much to do with security. Like their changes in the past it is to get the lemmings to pay to have their cards reslabbed. Gotta have the latest and greatest.:)!

pip 12-28-2019 02:27 PM

[QUOTE=itradeerrors;15386952]I really doubt it has much to do with security. Like their changes in the past it is to get the lemmings to pay to have their cards reslabbed. Gotta have the latest and greatest.:)![/QUOTE]With the growing influx of Chinese fakes, I can absolutely guarantee you that it is meant to increase confidence in PCGS holdered coins.

It's nowhere near the biggest concern in sports cards, however. I've never been impressed with any of the Mexican fakes.

pspa123 12-28-2019 02:32 PM

[QUOTE=pip;15386963]With the growing influx of Chinese fakes, I can absolutely guarantee you that it is meant to increase confidence in PCGS holdered coins.

It's nowhere near the biggest concern in sports cards, however. I've never been impressed with any of the Mexican fakes.[/QUOTE]

What is being faked in coins?

pip 12-28-2019 02:35 PM

[QUOTE=pspa123;15386974]What is being faked in coins?[/QUOTE]Just google "PCGS Chinese fakes." There's plenty of reading material.

pspa123 12-28-2019 02:41 PM

[QUOTE=pip;15386987]Just google "PCGS Chinese fakes." There's plenty of reading material.[/QUOTE]

Nice. So now I can worry about my coins too.

pip 12-28-2019 02:45 PM

[QUOTE=pspa123;15387012]Nice. So now I can worry about my coins too.[/QUOTE]Possibly, depending on which dealers you bought from.

MRSPORTSCARD 12-28-2019 02:45 PM

[QUOTE=skurtis;15385376]I mean maybe it’s a positive PR message to deflect from the other scandal. Like give them something positive and business develop-y to talk about as a distraction.

Or, maybe they’re getting out ahead of something. Just seems odd that this enhancement would be in high demand. So why do it? What’s the secondary motivation? [B]Maybe it’s just to get 30 years of holders re-slabbed? [/B] That is a legit revenue reason, but I believe they have said they are having record submissions, so that would suggest you would hold something like this for an economic slowdown to generate business in slow times.

So, very curious of the strategic motive here.[/QUOTE]

This. Eventually people rather buy the slabs with the chips, so those will be in more demand in about 5 years.

itradeerrors 12-28-2019 02:45 PM

[QUOTE=pip;15386987]Just google "PCGS Chinese fakes." There's plenty of reading material.[/QUOTE]

[QUOTE=pspa123;15387012]Nice. So now I can worry about my coins too.[/QUOTE]

If either of you know coins at all I have a question.

I was looking at silver dollars from the late 1800s/early 1900s and several of them looked like they have been heated up with a torch. Are they fake, what is going on with them? Any help would be greatly appreciated.

MRSPORTSCARD 12-28-2019 02:45 PM

Maybe CGC of comics will do this as well?

pip 12-28-2019 02:55 PM

[QUOTE=itradeerrors;15387021]If either of you know coins at all I have a question.

I was looking at silver dollars from the late 1800s/early 1900s and several of them looked like they have been heated up with a torch. Are they fake, what is going on with them? Any help would be greatly appreciated.[/QUOTE]Sounds like it could be artificial toning. Many methods are used to augment or create rainbow toning on coins. Legit coins with impressive toning/coloration can sell for huge premiums.

[url]https://www.youtube.com/watch?v=wyS43P-Pju0[/url]

base set 12-28-2019 03:02 PM

I skimmed around some in the thread referenced from the Basketball forum.

I couldn’t tell if they were referencing fake cards that were slipped past BGS and PSA and placed into their holders by BGS and PSA, or were lower grade, but real, cards placed into fake holders (with a high grade on the label) by a scammer, or were fake cards placed in to fake holders. ? Or all 3?

itradeerrors 12-28-2019 03:50 PM

[QUOTE=base set;15387057]I skimmed around some in the thread referenced from the Basketball forum.

I couldn’t tell if they were referencing fake cards that were slipped past BGS and PSA and placed into their holders by BGS and PSA, or were lower grade, but real, cards placed into fake holders (with a high grade on the label) by a scammer, or were fake cards placed in to fake holders. ? Or all 3?[/QUOTE]

All 3.

itradeerrors 12-28-2019 04:00 PM

[QUOTE=pip;15387045]Sounds like it could be artificial toning. Many methods are used to augment or create rainbow toning on coins. Legit coins with impressive toning/coloration can sell for huge premiums.

[url]https://www.youtube.com/watch?v=wyS43P-Pju0[/url][/QUOTE]

Thanks, that is exactly what I wanted to know.:)

callou2131 12-28-2019 04:12 PM

There was a big problem in the past with fake vintage cards in fake psa slabs being funneled through craigslist. Also Jordan rookies

auburn35 12-28-2019 04:58 PM

[QUOTE=pip;15386963]With the growing influx of Chinese fakes, I can absolutely guarantee you that it is meant to increase confidence in PCGS holdered coins.

It's nowhere near the biggest concern in sports cards, however. I've never been impressed with any of the Mexican fakes.[/QUOTE]

Quite a difference in how Collectors Universe handles PCGS and PSA.

[url]https://www.pcgs.com/news/counterfeit-pcgs-holders[/url]

This from back in 2008, suggests Collectors Universe was out trying to get in front of the problem, working with eBay to pull items and actually listening to their consumers. It's probably because fake holders didn't provide PCGS any $$$$ but still, it's the complete opposite of how PSA is trying to sweep everything under a rug.

autocut 12-28-2019 05:03 PM

They need to get labels right first.

Sent from my SM-G970U using Tapatalk

pspa123 12-28-2019 05:11 PM

[QUOTE=callou2131;15387241]There was a big problem in the past with fake vintage cards in fake psa slabs being funneled through craigslist. Also Jordan rookies[/QUOTE]

Mexican specials.

Pink Pussycat 12-28-2019 05:45 PM

1 Attachment(s)
[QUOTE=Bcwcardz;15385037]Agreed. Not much problem with the slabs themselves but with what goes into the slabs.[/QUOTE]

Right.

I'd much rather have an imbedded chip which would guard against this...

vwnut13 12-28-2019 06:04 PM

Lighthouses are so yesterday, time to reslab all of my card to get RFID chips!

BBases31 12-28-2019 06:19 PM

That basketball thread about faked slabs AND counterfeit cards that PSA was slabbing is nuts. Has there been anything like that in baseball?

ken161 12-28-2019 07:16 PM

I agree with a previous poster that PSA's motivations for this move were twofold:

1) Distract from the PR trainwreck of millions of dollars worth of doctored cards being outed.

2) Increase revenue by getting slabheads to send in their old holders for the new ones with the super-duper, top-secret chip. Of course, this service will not be done for free. I believe this was also a huge motivating factor in PSA switching to the half-grade system. Get the lemmings to send in their slabs by the bushel looking for a "bump." If PSA is still around in five years (and I hope they are not), there will be yet another reason to send your doctored cards in to be re-holdered. Joe Orlando is a firm believer in P.T. Barnum's famous maxim.

The new holder is like putting lipstick on a pig.

skurtis 12-28-2019 10:28 PM

[QUOTE=MRSPORTSCARD;15387020]This. Eventually people rather buy the slabs with the chips, so those will be in more demand in about 5 years.[/QUOTE]

Right. Typically you would do something like this when business is slow to generate demand that otherwise would not be there.....they have been steadfast in stating that submissions are at record highs and turnaround times were awful like 16 months ago....

So.....either A). Things are slowing down.... early nice victory in the battle for BODA or 2). There is a sleeping giant of a scandal in security of their frames or 3) they need a talking point to distract if this trimming scandal bubbles to mainstream surface and gains mainstream acceptance or 4) they are gonna hire more people and just money grab as quickly as possible because maybe a new entrant into the market or something that isn’t readily apparent today that may make sense in a few months?

I just think when you have an order backlog and pricing power, you don’t roll something out like this unless you are defending something. This is a strategic move of some sort, and taken alone, it does not make sense at this juncture.

Carrbeaz 12-28-2019 10:41 PM

[QUOTE=Wil;15385024]Joe Orlando just announced this on Twitter. The coin division is doing it first, and then the cards.

[URL="https://t.co/XsFWHyoU9v"]PCGS Announces Security Chip-Embedded Slabs To Protect Against Counterfeiting[/URL][/QUOTE]

Only the best protection for your trimmed/altered cards.


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