MUST READ TRIMMING THREAD: COMC- HawkDynasty,cccardfactory,LORDSTANLEY2012|PWCC|ih8ca - Page 25

superdan49 · 08-29-2019, 09:29 PM

Quote:

Originally Posted by pspa123

Imitation is the highest form of flattery they say.

I prefer the term trimitation.

corndog · 08-30-2019, 04:20 AM

PSA Cert #27220825

1965 Topps Carl Yastrzemski #385 - Population 1 of 3

Value gain of $7,803.75

Current PSA Registry Sets:
This cert is currently in Set Registry inventory and is featured in one or more sets, including Joe's 65's.

This card was purchased by Ebay ID card-buyer from Ebay seller probstein123 as a PSA 7.5 for $61.25 on March 12, 2017.
VCP link: https://vintagecardprices.com/card/b...168441/PSA/7.5

Same card was sold by PWCC (Brent and Betsy Huigens) as a PSA 10 for $7,865.00 on June 08, 2017.
PWCC Marketplace link: https://www.pwccmarketplace.com/items/1499934

Yellow circles are print, fiber, or chipping identifiers.
Red box identifies trimmed bottom edge.

corndog · 08-30-2019, 05:48 AM

Quote:

Originally Posted by ih8ca

I have a meeting next Thursday at COMC to discuss a buyback program for cards in question. Hopefully I can home some concrete answers and a plan by the end of the week.

How did yesterday's meeting go?
Did you bring donuts?

KhalDrogo · 08-30-2019, 06:04 AM

One cut. $7800 profit.

mhcook · 08-30-2019, 07:33 AM

Quote:

Originally Posted by KhalDrogo

One cut. $7800 profit.

One cut on a $60 card for $7800 profit. This is absolutely mind blowing and probably the best example I've seen why there are so much of this occurring. I can't imagine how sick I would feel to find out I paid that much more for the minor alteration.

Sent from my SM-N950U using Tapatalk

corndog · 08-30-2019, 07:58 AM

Quote:

Originally Posted by mhcook

One cut on a $60 card for $7800 profit. This is absolutely mind blowing and probably the best example I've seen why there are so much of this occurring. I can't imagine how sick I would feel to find out I paid that much more for the minor alteration.

Sent from my SM-N950U using Tapatalk

There is so much more just from card-guy. Most of the cards that I have posted are from early 2017. He has been buying cards for years.

tconte · 08-30-2019, 08:17 AM

The Yaz is a prime example of why this will never stop. If anything, some
that have kept score and never thought of doing this are going to join the
program.

PSA history and current response only seems to validate this.

pspa123 · 08-30-2019, 08:18 AM

As far as the other question that you had in regards to this investigation of the auction here in our industry, I can answer it very short and sweet. We don't believe that there is anything of a material nature for our company to be concerned with.

Joseph J. Orlando, Collectors Universe, Inc. - CEO, President & Director [11]

and this

And we think that in the overall scheme of our business that some of this has been blown way out of proportion. But we are very confident in the services that we provide and very confident in the grading staff that we have, and so is the public

and this

Joseph J. Wallace, Collectors Universe, Inc. - CFO & SVP [43]

So I think this whole trimming issue that we spent a lot of time talking about today is really something that we don't consider material to our business. And we'd probably just like to leave it at that in terms of any additional questions on the subject.

mrdallas · 08-30-2019, 08:34 AM

Quote:

Originally Posted by tconte

The Yaz is a prime example of why this will never stop. If anything, some
that have kept score and never thought of doing this are going to join the
program.

PSA history and current response only seems to validate this.

This is a very concerning but potentially true statement. Didn't good ole Joe say that since the trimming scandal news broke that PSA has actually seen an uptick in submissions?

People see the massive $$ signs by the "mini' alterations and have FOMO.

This sucks

MoreToppsPlease · 08-30-2019, 09:29 AM

Quote:

Originally Posted by mrdallas

This is a very concerning but potentially true statement. Didn't good ole Joe say that since the trimming scandal news broke that PSA has actually seen an uptick in submissions?

Yes...the uptick is attributable to the increased number of altered cards sent in by card doctors seeing how PSA is unable to catch altered submissions.

gmoney328 · 08-30-2019, 09:34 AM

Quote:

Originally Posted by tconte

The Yaz is a prime example of why this will never stop. If anything, some
that have kept score and never thought of doing this are going to join the
program.

PSA history and current response only seems to validate this.

It appears that, with the unwillingness of PSA to even acknowledge this is going on, the only way this is going to get handled is for people to quit buying PSA 10s for more than 100 times the price of a PSA 7.5. These greedy idiots are partly to blame as well. I'm off the grading tip for the foreseeable future. It's gonna crash eventually. Lack of confidence in the process says that's inevitable.

corndog · 08-30-2019, 11:53 AM

PSA Cert #27220817

1967 Topps Tony Perez #476

Value gain of $495.05

This card was purchased by Ebay ID card-buyer from PWCC (Brent and Betsy Huigens) as a PSA 8 for $149.95 on December 21, 2016.
PWCC Marketplace link: https://www.pwccmarketplace.com/items/1393393

Same card was sold by PWCC (Brent and Betsy Huigens) as a PSA 9 for $645.00 on June 08, 2017.
PWCC Marketplace link: https://www.pwccmarketplace.com/items/1500045

Yellow circles are print, fiber, or chipping identifiers.
Red box identifies trimmed bottom edge.

Scottish Punk · 08-30-2019, 11:58 AM

Quote:

Originally Posted by MoreToppsPlease

Yes...the uptick is attributable to the increased number of altered cards sent in by card doctors seeing how PSA is unable to catch altered submissions.

I would disagree with this statement. PSAs submissions have been in an upward trend forever, even more so since Beckett's return struggles. That is a classic example of correlation without causation.

Rooftop · 08-30-2019, 12:41 PM

PSA should do away with the pop report. Makes no sense at this point.

MoreToppsPlease · 08-30-2019, 12:44 PM

Quote:

Originally Posted by Scottish Punk

I would disagree with this statement. PSAs submissions have been in an upward trend forever, even more so since Beckett's return struggles. That is a classic example of correlation without causation.

You’re not saying it isn’t true...

DunceMode · 08-30-2019, 01:46 PM

Quote:

Originally Posted by Rooftop

PSA should do away with the pop report. Makes no sense at this point.

This is a great point. I wonder just how off base the current numbers are.

dfr52 · 08-30-2019, 02:01 PM

Quote:

Originally Posted by pip

I don't think you'll see any civil suits until some of the untra-high ticket cards graded by PSA are exposed. I know, for instance, that one of the PSA 10 Mickey Mantle rookies is altered. It's just a matter of time until the details becomes public and a "before" pic is discovered. Depending on who the FBI decides to squeeze, this information may be forthcoming. It wouldn't even surprise me if they were close.

Quote:

Originally Posted by KhalDrogo

That’s not true at all according to their guarantee policy. The policy only states that the original submitter or someone connected to the submitter cannot make a claim through the policy. A secondary buyer can.

PSA will begin to face issues if they do not honor the guarantee behind their service. Not every sale is from PWCC and eventually customers will be lining up for a reimbursement.

ThoseBackPages · 08-30-2019, 02:03 PM

is COMC selling trimmed raw cards as well?

3124508 on COMC · 08-30-2019, 02:42 PM

Quote:

Originally Posted by ThoseBackPages

is COMC selling trimmed raw cards as well?

Yes.. Check the LORDSTANLEY2012 section of the thread.

3124508 on COMC · 08-30-2019, 02:42 PM

Is COMC going to make a response? People are wondering what to do with their trimmed cards.

GoBeavs · 08-30-2019, 03:33 PM

Quote:

Originally Posted by 3124508 on COMC

Is COMC going to make a response? People are wondering what to do with their trimmed cards.

Didn't they already state they would refund any proven trimmed cards?

dustin42 · 08-30-2019, 04:04 PM

Quote:

Originally Posted by GoBeavs

Didn't they already state they would refund any proven trimmed cards?

No. Somebody posted the text of an email they said was from them, but no official statement other than they are looking into it.

pspa123 · 08-30-2019, 04:19 PM

Quote:

Originally Posted by 3124508 on COMC

Is COMC going to make a response? People are wondering what to do with their trimmed cards.

Perhaps there is a birthday party going on.

CCSportsCards · 08-30-2019, 04:27 PM

jhileman79's response in his Jeter thread is how I see most collectors handling their collection. Once it is in the plastic I just don't think most will care.

GoBeavs · 08-30-2019, 04:39 PM

Quote:

Originally Posted by dustin42

No. Somebody posted the text of an email they said was from them, but no official statement other than they are looking into it.

So they have responded then. Just not to the thread.

08-30-2019, 04:20 AM	#602
corndog BODA Join Date: Jul 2013 Location: From a table in McDonalds, with lovely fake flowers on it. Posts: 18,191	PSA Cert #27220825 1965 Topps Carl Yastrzemski #385 - Population 1 of 3 Value gain of $7,803.75 Current PSA Registry Sets: This cert is currently in Set Registry inventory and is featured in one or more sets, including Joe's 65's. This card was purchased by Ebay ID card-buyer from Ebay seller probstein123 as a PSA 7.5 for $61.25 on March 12, 2017. VCP link: https://vintagecardprices.com/card/b...168441/PSA/7.5 Same card was sold by PWCC (Brent and Betsy Huigens) as a PSA 10 for $7,865.00 on June 08, 2017. PWCC Marketplace link: https://www.pwccmarketplace.com/items/1499934 Yellow circles are print, fiber, or chipping identifiers. Red box identifies trimmed bottom edge. __________________ He has no rival, He has no equal.

08-30-2019, 06:04 AM	#604
KhalDrogo Member Join Date: Aug 2017 Posts: 41,328	One cut. $7800 profit. __________________ I love PSA!

08-30-2019, 08:18 AM	#608
pspa123 Member Join Date: Jun 2017 Posts: 3,743	As far as the other question that you had in regards to this investigation of the auction here in our industry, I can answer it very short and sweet. We don't believe that there is anything of a material nature for our company to be concerned with. Joseph J. Orlando, Collectors Universe, Inc. - CEO, President & Director [11] and this And we think that in the overall scheme of our business that some of this has been blown way out of proportion. But we are very confident in the services that we provide and very confident in the grading staff that we have, and so is the public and this Joseph J. Wallace, Collectors Universe, Inc. - CFO & SVP [43] So I think this whole trimming issue that we spent a lot of time talking about today is really something that we don't consider material to our business. And we'd probably just like to leave it at that in terms of any additional questions on the subject. Last edited by pspa123; 08-30-2019 at 08:35 AM.

08-30-2019, 11:53 AM	#612
corndog BODA Join Date: Jul 2013 Location: From a table in McDonalds, with lovely fake flowers on it. Posts: 18,191	PSA Cert #27220817 1967 Topps Tony Perez #476 Value gain of $495.05 This card was purchased by Ebay ID card-buyer from PWCC (Brent and Betsy Huigens) as a PSA 8 for $149.95 on December 21, 2016. PWCC Marketplace link: https://www.pwccmarketplace.com/items/1393393 Same card was sold by PWCC (Brent and Betsy Huigens) as a PSA 9 for $645.00 on June 08, 2017. PWCC Marketplace link: https://www.pwccmarketplace.com/items/1500045 Yellow circles are print, fiber, or chipping identifiers. Red box identifies trimmed bottom edge. __________________ He has no rival, He has no equal.

08-30-2019, 02:03 PM	#618
ThoseBackPages Member Join Date: Feb 2010 Location: Long Island Posts: 90,346 ThoseBackPages	is COMC selling trimmed raw cards as well? __________________ Pumpers Paradise #YouCryIBuy Four things that we cannot change each others minds about: Politics, Religion, Third Party Grading, and 2021 Bowman's Best Rookie Cards

08-30-2019, 08:17 AM	#607
tconte Member Join Date: May 2017 Location: Marlton, NJ - Less Than an Hour from the Millville Meteor! Posts: 2,043 aconte	The Yaz is a prime example of why this will never stop. If anything, some that have kept score and never thought of doing this are going to join the program. PSA history and current response only seems to validate this.

08-30-2019, 12:41 PM	#614
Rooftop Member Join Date: Oct 2013 Posts: 3,516	PSA should do away with the pop report. Makes no sense at this point.

08-30-2019, 02:42 PM	#620
3124508 on COMC BODA Join Date: Jun 2016 Posts: 9,401	Is COMC going to make a response? People are wondering what to do with their trimmed cards. __________________ 3124508@protonmail.com The Short Guide to the PWCC Card Trimming & Alteration Fraud

08-30-2019, 04:27 PM	#624
CCSportsCards Member Join Date: Jul 2011 Location: Sioux Falls SD Posts: 3,313 CollectorsCorner	jhileman79's response in his Jeter thread is how I see most collectors handling their collection. Once it is in the plastic I just don't think most will care.