My $5000 loss...from a PSA 10...Story

[ThatGuyPal]

Saying you "should of sold it" knowing you won't be getting basically the payout from selling it now makes you pretty scummy too. It's funny people are so engulfed in their own issue they openly admit they would of screwed the next buyer had they known the result of what would of happened to them lol

[Sonnys88]

Originally Posted by ThatGuyPal

Saying you "should of sold it" knowing you won't be getting basically the payout from selling it now makes you pretty scummy too. It's funny people are so engulfed in their own issue they openly admit they would of screwed the next buyer had they known the result of what would of happened to them lol

Well, good thing you can't "of" sold a card... or "of" screw over someone... or "of" happened to someone... So, your commentary lands in illiterate land.

[pengvin67]

Originally Posted by MJGOAT23

I'm sorry that happened. It has happened to me and many others but unfortunately, as much as I don't like their weird insurance / max value / increased fees for grading higher value cards, I don't think they are wrong here. If the damage actually occurred in 2018, it was never a 5-6K PSA 10 card. Had you seen what existed for damage when you got the card back, this is what you would have received for a resolution and you would have never felt a "loss". This isn't to "side with PSA" but more so looking at it logically and know that a 5-6k "loss" didn't actually occur. There's nothing to even feel bad about IMO. Know that you did the right thing by pointing it out and paid it forward. You'll get another win down the line.

Of course, I don't feel like I'm not being sided with. My intention isn't to rail against PSA. I just find it silly that PSA will reimburse another party $5000 to $6000 for the same loss in effect that has happened to me in appreciation. PSA knows that I could have used their label to sell the card for that amount along with the fact that they did indeed damage the card in their possession. In any case, PSA wants to schedule a call with Me about this situation. Let's see what comes with it.

[newcokeandtaco]

Originally Posted by pengvin67

Of course, I don't feel like I'm not being sided with. My intention isn't to rail against PSA. I just find it silly that PSA will reimburse another party $5000 to $6000 for the same loss in effect that has happened to me in appreciation. PSA knows that I could have used their label to sell the card for that amount along with the fact that they did indeed damage the card in their possession. In any case, PSA wants to schedule a call with Me about this situation. Let's see what comes with it.

Good to hear they want to talk about the situation. It is probably a good time to think about what you want to resolve/settle the issue (money, grading credit, combo?). I would also recommend gathering any paperwork confirming your claim of original ownership and original grading with PSA (date subbed/fees paid/receipts etc). "Bring the receipts" as many like to say.

[pengvin67]

Originally Posted by ThatGuyPal

Saying you "should of sold it" knowing you won't be getting basically the payout from selling it now makes you pretty scummy too. It's funny people are so engulfed in their own issue they openly admit they would of screwed the next buyer had they known the result of what would of happened to them lol

Exactly! You're proving how scummy PSA is by reimbursing someone pennies on the dollar for attempting to do the right. Obviously I did not sell the card, but there are opinions that I should have and let PSA and the new buyer hash things out. This is good information to take to PSA when I'll be talking to them. I would have been looked at as a scummy seller and that's exactly what PSA needs to hear. I didn't damage the card, so why am I suffering the most severe penalty. Another buyer could have been reimbursed. Psa is only out a few hundred bucks but I lost the opportunity to sell a card for several thousand dollars.

[pengvin67]

Originally Posted by newcokeandtaco

Good to hear they want to talk about the situation. It is probably a good time to think about what you want to resolve/settle the issue (money, grading credit, combo?). I would also recommend gathering any paperwork confirming your claim of original ownership and original grading with PSA (date subbed/fees paid/receipts etc). "Bring the receipts" as many like to say.

I'm definitely needing to gather my thoughts and views but at the end of the day, I'm just going to battle with my integrity and trying to do the right thing for the hobby. I'll look up some of the receipts but those are all from 7 years ago.

[RufussCkingston]

Originally Posted by newcokeandtaco

I would also recommend gathering any paperwork confirming your claim of original ownership and original grading with PSA (date subbed/fees paid/receipts etc). "Bring the receipts" as many like to say.

It's the fact that he had those receipts that screwed him!

[rfgilles]

Originally Posted by pengvin67

I'm definitely needing to gather my thoughts and views but at the end of the day, I'm just going to battle with my integrity and trying to do the right thing for the hobby. I'll look up some of the receipts but those are all from 7 years ago.

If I hear you mention integrity and doing the right thing for the hobby one more time I'm going to throw up.

[pengvin67]

Originally Posted by rfgilles

If I hear you mention integrity and doing the right thing for the hobby one more time I'm going to throw up.

Considering you have the MLB logo as your avatar, I understand you completely.

[discodanman45]

Originally Posted by pengvin67

Considering you have the MLB logo as your avatar, I understand you completely.

I understand your frustration and how you got screwed for trying to do the right thing. I would have done the same. Hopefully PSA understands this and makes it right for you.

[pengvin67]

Originally Posted by discodanman45

I understand your frustration and how you got screwed for trying to do the right thing. I would have done the same. Hopefully PSA understands this and makes it right for you.

Thanks man! PSA and I did come to a positive resolution. I'm very happy how PSA decided to resolve this matter. I'm glad that I can put this behind me. Still have some steps to go through but I'm very impressed with their customer service. They were easy to work with and the gentleman that I spoke with was very empathetic and understanding. I learned alot from this experience.

[SLGSports]

Glad to hear you resolved this!

I'd give up on trying to save the hobby, however, by ensuring that cards in the slab match the number you see on the outside. I've seen countless damaged cards get 10s, and I've seen many more perfect-looking cards get lower grades. Remember, the number on the slab does not determine the quality of the card... it's just a single person's opinion, who may or may not have a lot of experience grading cards. And may or may not have spent more than 10 seconds looking at it.

[pengvin67]

Originally Posted by SLGSports

Glad to hear you resolved this!

I'd give up on trying to save the hobby, however, by ensuring that cards in the slab match the number you see on the outside. I've seen countless damaged cards get 10s, and I've seen many more perfect-looking cards get lower grades. Remember, the number on the slab does not determine the quality of the card... it's just a single person's opinion, who may or may not have a lot of experience grading cards. And may or may not have spent more than 10 seconds looking at it.

Thanks man. I appreciate the input! I guess none of us can save the hobby, but it's worth being honest. It helped my case and along with the help of all the opinions on the Thread I was able to put together a good set of thoughts. However, you're correct I'm just going to sell based on what is on the label. But it makes it easier when the card quality matches the label. 🙏👍

[703dispensary]

Technically PSA told you the truth if what you are saying is accurate...they gave it the 10 grading that you evaluated it to be and expected to be given because of your experience collecting cards and either hoped that you didn't ever sell it and/or question the damage - or - that you wouldn't have the moral dilemma you have had now. They could have sent it back graded according to the damage which would be more of a bullish and brazen solution.

[mc1]

Originally Posted by SLGSports

Glad to hear you resolved this!

I'd give up on trying to save the hobby, however, by ensuring that cards in the slab match the number you see on the outside. I've seen countless damaged cards get 10s, and I've seen many more perfect-looking cards get lower grades. Remember, the number on the slab does not determine the quality of the card... it's just a single person's opinion, who may or may not have a lot of experience grading cards. And may or may not have spent more than 10 seconds looking at it.

Cards can also get damaged during encapsulation or after they are in the case. It happens!