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Old 11-19-2025, 11:11 AM   #51
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As much as I loathe PSA, they don't need my PSA 8 for $36 to make a PSA 10. PSA could literally just buy boxes themselves and slab their own cards from breaks for a lot cheaper than $36 for one card. I seriously doubt they are re-slabbing base cards people send in.
And Terry Rozier had $160 million in the bank and still rigged games to make a few hundred thousand. He didn’t “need” the $200K. I wouldn’t put anything past PSA.
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Old 11-19-2025, 05:24 PM   #52
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And Terry Rozier had $160 million in the bank and still rigged games to make a few hundred thousand. He didn’t “need” the $200K. I wouldn’t put anything past PSA.
Fair enough.
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Old 11-19-2025, 10:30 PM   #53
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As much as I loathe PSA, they don't need my PSA 8 for $36 to make a PSA 10. PSA could literally just buy boxes themselves and slab their own cards from breaks for a lot cheaper than $36 for one card. I seriously doubt they are re-slabbing base cards people send in.
Toyota doesn't stop making Corollas just because they're able to sell Land Cruisers.
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Old 11-20-2025, 10:21 AM   #54
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And Terry Rozier had $160 million in the bank and still rigged games to make a few hundred thousand. He didn’t “need” the $200K. I wouldn’t put anything past PSA.
Just imagine the nuclear fallout if somehow BODA found evidence that PSA took a previously slabbed card they bought back and re-slabbed it with a higher grade.
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Old 11-20-2025, 12:52 PM   #55
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Id guess if reslabbing is going on they'd be smart to avoid numbered cards. Like buying up silver prizm Caleb Williams PSA 9s would be an easy target. I sent one in idk how it get a 9. They're offering $50 for a 9 while 10s are reaching $500 plus on ebay.
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Old 11-20-2025, 08:38 PM   #56
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And Terry Rozier had $160 million in the bank and still rigged games to make a few hundred thousand. He didn’t “need” the $200K. I wouldn’t put anything past PSA.
I think the Probstein situation we’re seeing right now is further advancing your argument.
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Old 11-20-2025, 10:56 PM   #57
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Their offers have been horrible recently.
Yep offers mostly suck now. Was good while it lasted.
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Old 11-21-2025, 12:28 AM   #58
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I think the Probstein situation we’re seeing right now is further advancing your argument.
What happened?
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Old 11-21-2025, 01:03 AM   #59
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What happened?
https://x.com/SportsCardNews/status/...608110325?s=20
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Old 11-21-2025, 02:35 AM   #60
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Wow. This is only the beginning.
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Old 12-01-2025, 10:49 AM   #61
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To people saying it is a conflict of interest, nothing would have ever stopped PSA at any time in the past from (1) buying cards from ebay or card shows or (2) intentionally under-grading cards in order to re-grade them.

This is just giving them a better margin, as any vault or auction house can also do while availing themselves of listing on ebay.

PSA offers actually makes it less likely that Ebay is deliberately under-grading cards and then buying those back, as this is all more traceable than some anonymous employee bidding on ebay or prowling card shows.
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Old 12-01-2025, 11:49 AM   #62
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To people saying it is a conflict of interest, nothing would have ever stopped PSA at any time in the past from (1) buying cards from ebay or card shows or (2) intentionally under-grading cards in order to re-grade them.

This is just giving them a better margin, as any vault or auction house can also do while availing themselves of listing on ebay.

PSA offers actually makes it less likely that Ebay is deliberately under-grading cards and then buying those back, as this is all more traceable than some anonymous employee bidding on ebay or prowling card shows.
Agreed. As much as I dislike PSA, it's still would make zero sense for PSA to use the offer program to regrade undergraded cards. All PSA would have to do, at any point, is grade their own cards from purchases at shows, box breaks, etc...

I originally said it was a conflict of interest in this post, but I feel differently now that I've thought it through more.
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Old 12-01-2025, 05:07 PM   #63
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There is so little money in grading cards and selling for a profit compared to all the revenue streams PSA currently, and ethically, has in place.

I throw the that PSA is undergrading only to rebuy the serial number and regrade higher in the bucket of ideas along with some crazy Candace Owens conspiracy theory. I don't buy it, because not only is there no evidence, it doesn't even make sense.
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Old 12-03-2025, 04:14 PM   #64
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There is so little money in grading cards and selling for a profit compared to all the revenue streams PSA currently, and ethically, has in place.

I throw the that PSA is undergrading only to rebuy the serial number and regrade higher in the bucket of ideas along with some crazy Candace Owens conspiracy theory. I don't buy it, because not only is there no evidence, it doesn't even make sense.
Target the right cards and there's a huge difference between a PSA 9 and PSA 10. Like for example the silver prizm Caleb Williams selling for $400 as a PSA 10 vs their offer of $50 for a PSA 9. Upper Deck just had a manager of redemptions and replacements get caught stealing cards, so the idea that PSA offer program could be abused doesn't sound so far fetched to me.
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Old 12-04-2025, 08:50 AM   #65
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I am going to guess that iambluestreak is more referring to the manpower/coordination than the fiscal gains. PSA has a lot of moving parts bringing in a lot more money than to worry about trimming a few hundred on undergraded cards. Don't get me wrong, PSA has a long history of conflict of interest so nothing wouldn't surprise me.

I would think the bigger danger to be a rogue low earning grader to do some back door stuff rather than a top down mandate.
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Old 12-04-2025, 06:34 PM   #66
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A rogue employee can do whatever at any company.

A PSA grader downgrading cards with the intent to later track down is a fool, and it’s why they are a grader and not something better. The odds they track down that serial number after shipment to the customer is few and far between.

Cards bought by PSA + partners are not accessible to the grader, and thus there is no incentive for them to downgrade, UNLESS there were a coordinated effort by PSA corporate to do such, which is just not reasonable. They make $600-$700M in revenue annually (my calculations based on previous SEC filings extrapolated volume/ pricing/ new services). They 10Xd this business legitimately in 5 years. A corporate desire to go after undergrads cards to resell to partners or deploy in power packs is a tremendous stretch

Side note, I will say, whatever liquidity this program offers us, we lose liquidity in now having to wait 3-5 months for cards. Over 700 cards out in process. Can’t buy anything I want without being able cycle through these which, based on previous TA times, I would have been able to do
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Old 12-04-2025, 06:53 PM   #67
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Thought this was worth a share.

https://x.com/PZPTCG/status/19967013..._AQDeujiw&s=19
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Old 12-04-2025, 09:19 PM   #68
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"They make $600-$700 million why would they ever do such a thing."
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Old 12-04-2025, 09:30 PM   #69
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"They make $600-$700 million why would they ever do such a thing."
They posted an update, after PSA reached. Nothing to worry about, it's a one-off situation situation.

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UPDATE: Okay so 😅

I have been contacted directly and this situation has been quickly and amicably resolved 🙏

This is a CONFIRMED ONE-OFF SITUATION - My grades were manually reviewed after my original post reached PSA

The sales of the PSA 10s will be reversed and returned back to me 💯
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Old 12-04-2025, 09:33 PM   #70
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They posted an update, after PSA reached. Nothing to worry about, it's a one-off situation situation.

Yeah sure it was.
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Old 12-05-2025, 12:07 AM   #71
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Originally Posted by metsandweezer View Post
"They make $600-$700 million why would they ever do such a thing."
Collect evidence showing this is happening en mass at a large scale and not a one off

Otherwise keep believing a frivolous conspiracy theory

The task for anyone. This is very very easy to do. All sold cards on your profile are in your collection.

I’ll be waiting…
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Old 12-05-2025, 06:21 AM   #72
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Quote:
Originally Posted by imbluestreak23 View Post
Collect evidence showing this is happening en mass at a large scale and not a one off

Otherwise keep believing a frivolous conspiracy theory

The task for anyone. This is very very easy to do. All sold cards on your profile are in your collection.

I’ll be waiting…
You're either oblivious to your surroundings or just have way too much invested in PSA to not see what is going on. What kind of evidence do you need? Does some random PSA employee need to admit it, or do it right in front of your face?
It is a conflict of interest, period.... PSA was just caught doing what many have suspected they were doing red-handed. It's not a conspiracy theory... It's a conspiracy....
I remember people used to pitch a fit and say BGS having an auction house was a conflict of interest, but it's not for PSA..
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Old 12-05-2025, 08:55 AM   #73
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Quote:
Originally Posted by imbluestreak23 View Post
Collect evidence showing this is happening en mass at a large scale and not a one off

Otherwise keep believing a frivolous conspiracy theory

The task for anyone. This is very very easy to do. All sold cards on your profile are in your collection.

I’ll be waiting…
This is the first time I have disagreed with you (and that’s okay) because you still have the best PSA reveal videos on YouTube, in my opinion.

But…PSA is the most money hungry company and the king of the hobby. They can do no wrong. This is not the first major mistake they have made over the years. PSA has control over literally everything in the hobby. It is not a conspiracy theory when it literally just happened in front of our eyes. Athletes are rigging basketball and baseball games for a few extra couple thousand dollars. Why would PSA not do this to make extra money? It would be the easiest thing ever for them to do it on cards that are not serial numbered. We can agree to disagree.
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Old 12-05-2025, 09:13 AM   #74
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Yeah sure it was.
I had a card with a 10 cert but it was listed as a 9 on my grade sheet. This was a few months prior to the offer thing but would seem to suggest what was presented on X wasn't necessarily a one-off. I had to send the card back to PSA for CRC. They kept the 10 grade and updated the system. It was a Salvador Perez gold refractor so nothing that was going to provide a robust incentive for screwing with the grade.

Probably rare, but compare your labels to the grades before pounding the accept offer button.
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Old 12-05-2025, 09:17 AM   #75
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looks like someone already posted the story.
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Last edited by TXRunner; 12-05-2025 at 09:18 AM. Reason: dupe story
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