Great Video on Game Grading & Auction House Fraud--Parallels to Trading Cards
 

This works as a good primer for how grading and auction houses can work together to raise prices and work the market.

[url]https://www.youtube.com/watch?v=rvLFEh7V18A[/url]

(Not my video, btw)

Just watched myself. Great video

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Tagging this so I can watch it later.

Awesome, I'll bookmark, I've always wanted to learn how to grade cards.

Ten minutes into this video, it’s completely obvious that the same situation happened/is still happening in cards.

Grading companies and auction houses doing all they can to make collectibles more expensive with their moon bois all over social media pumping and shill bidding as hard as they can.

Thanks for finding this and posting it here.

Thanks for the link. I see many parallels between WATA Games and PSA. There is a lot of market manipulation that pushes the idea that PSA is the "best" when in fact, there's really not that much difference between them and any other major TPG. Values for PSA are largely driven by sustained slick insider exploitation--the manipulation of buyers--not by reality.

Everyone should watch at least the first 20 minutes.

Please watch 24:36 to 27:10

[url]https://youtu.be/rvLFEh7V18A?t=1476[/url]

Testimony by David Wilson of Collectors Comics ([URL="https://www.youtube.com/channel/UCvllaJtVO3hlWTd8IM2cTnw"]Comic Book Investments[/URL] on Youtube) that Jim Halperin (part-owner, founder of HA) puts his own items (comics) in Heritage Auctions and then shills them up. Pretty devastating if true.

Could this possibly explain Heritage's use of the "make the 'owner' an offer" and "buy it now" features on its website? Shill up an HA-owned item over time, create a false perception of value, then sell it directly to a real, unsuspecting buyer. Is this the usual modus operandi?

I'm thinking that maybe HA should have received a higher percentage of votes: [url]https://www.blowoutforums.com/showthread.php?t=1472990[/url]

Sure hope the FBI is paying attention to this thread.

Okay, a small disclaimer this video is 52 mins. (I know, I know it's long) ....however....

[U]Every second watching it? WORTH IT.[/U]

Seriously, this maybe one of the most informative Youtube videos I've watched in a very long time.

Every collector should consider watching this video & sharing it.

Thank you for sharing this video with us!

So far I'm most impressed by all the pixel perfect clips they're showing from super mario bros lol

[QUOTE=GOCubsGo32;17601048]Okay, a small disclaimer this video is 52 mins. (I know, I know it's long) ....however....

[U]Every second watching it? WORTH IT.[/U]

Seriously, this maybe one of the most informative Youtube videos I've watched in a very long time.

Every collector should consider watching this video & sharing it.

Thank you for sharing this video with us![/QUOTE]

Yes, can this thread and/or the link to that video be stickied to this board?

Heritage is trash

173,744 views in less than 24 hours. This youtube video is in the process of going viral. Some very powerful and wealthy individuals (e.g. Halperin) are going to be really upset at the allegations. It wouldn't at all surprise me if the youtuber who published this video (Karl Jobst) gets de-platformed in the near future. Watch it while you still can.

Just a reminder that ¶21 of Heritage's "Terms and Conditions of Auction" declare the following:

[IMG]https://i.imgur.com/XURzjRF.png[/IMG]
[URL="https://www.ha.com/c/ref/terms-and-conditions.zx?view=terms"]https://www.ha.com/c/ref/terms-and-conditions.zx?view=terms[/URL]

Seems pretty much a given that Fanatics will grade their own cards and open their own auction house given the kinds of people in charge.

[QUOTE=JRX;17601163]Seems pretty much a given that Fanatics will grade their own cards and open their own auction house given the kinds of people in charge.[/QUOTE]

Which is fine if everyone knows about it.

People should know grading was never what it was cracked up to be…not even close…in terms of $$$.

The guy creating this video is a pure game nerd!

His background music is the music in Mass Effect when your on the Normandy. Just thought everyone should know.

The coin grading example is probably the best cautionary tale for games and cards.

[QUOTE=imbluestreak23;17601178]The guy creating this video is a pure game nerd!

His background music is the music in Mass Effect when your on the Normandy. Just thought everyone should know.[/QUOTE]

Amazing you would know this :doh:

[QUOTE=JRX;17601182]The coin grading example is probably the best cautionary tale for games and cards.[/QUOTE]

And tulips.

[QUOTE=Rooftop;17601197]Amazing you would know this :doh:[/QUOTE]

Every hardcore gamer should know this lol!

[QUOTE=superdan49;17601153]Just a reminder that ¶21 of Heritage's "Terms and Conditions of Auction" declare the following:

[IMG]https://i.imgur.com/XURzjRF.png[/IMG]
[URL="https://www.ha.com/c/ref/terms-and-conditions.zx?view=terms"]https://www.ha.com/c/ref/terms-and-conditions.zx?view=terms[/URL][/QUOTE]SGC has the same disclaimer about those who may submit cards for grading.

Well I finished the video, its pretty much a given that wata and heritage is a massive scam.

[QUOTE=imbluestreak23;17601178]The guy creating this video is a pure game nerd!



His background music is the music in Mass Effect when your on the Normandy. Just thought everyone should know.[/QUOTE]I came across his channel by watching his breakdowns of world record Super Mario speedruns. I didn't even know of such a thing at the time but the video was so well done. It's fascinating the skill involved and the glitches that have bern discovered. He does a great job of breaking down a complex topic.

He also has a great probabilistic breakdown of how certain Minecraft records must have been achieved through cheating (tool assisted runs while not indicated as such).



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[QUOTE=JRX;17601182]The coin grading example is probably the best cautionary tale for games and cards.[/QUOTE]Yes. I had never heard that story, but it sure seems much like we're seeing these days.

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