Crack out Graded Cards?

[speedyjg13]

With all the great work by our resident BO detectives, what will everyone do with their cards already in BGS / PSA slabs?

Will this recent scandal cause people to be skeptical of already graded cards? Will already graded cards lose value because of the scandal?

Is it better to crack out the cards and display them raw?

Will you still keep submitting to BGS/PSA?

[dmanrico]

My answer is not exciting: I'm going to do nothing and wait and see how everything plays out.

[speedyjg13]

Originally Posted by dmanrico

My answer is not exciting: I'm going to do nothing and wait and see how everything plays out.

I can see that. If you have raw cards, will you continue submitting them to PSA or BGS or will you hold as well?

[PKIPP]

Originally Posted by speedyjg13

With all the great work by our resident BO detectives, what will everyone do with their cards already in BGS / PSA slabs?

Will this recent scandal cause people to be skeptical of already graded cards? Will already graded cards lose value because of the scandal?

Is it better to crack out the cards and display them raw?

Will you still keep submitting to BGS/PSA?

I don't have a ton of graded stuff but I'm definitely not cracking anything outta slabs. However, I 100% will no longer buy graded unless it's a card that is commonly faked.. Then I'd prefer a graded card but I don't care about the numerical grade per se, rather the authenticity. I've never subbed any cards though and doubt I ever will now.

[caflisch78]

Same. Luckily for me most of my cards are BGS but my most expensive card is a PSA 10 so that may suck.

[Coug46n2]

Originally Posted by dmanrico

My answer is not exciting: I'm going to do nothing and wait and see how everything plays out.

This. To put it in context, I have over 1200 graded cards in the PC. 40-50% I pulled myself and subbed myself or know personally the person who did pull/grade. Those are PC forever and honestly, no concerns. Grading is subjective, but for me to send them in I had to consider them 'gem mint' myself and when PSA/BGS agreed, I'm satisfied with the card and it's assigned grade.

Those I bought graded, I do have a lot of concerns. I'm not going to dump them. I'm not going to crack them. I'm going to wait and see. Very very very few of them are valued more than $50, so the likelihood they were trimmed is small. A few of them (89 UD Griffey, 11 TU Trout) I might inspect very carefully. If I don't feel good about the unknown (trimmed or not) I might sell. If I feel confident they are legit, I'll keep. It's really not that tough a decision. What does my gut tell me.

[FT35]

Originally Posted by speedyjg13

I can see that. If you have raw cards, will you continue submitting them to PSA or BGS or will you hold as well?

I'm not doing anything with mine. I will say that it might be wise--if you suspect that you have purchased a card that may be a part of this scandal, you may want to resubmit it and get a 2nd opinion on the grade. Of course you're doing so under the "get it right" principal...meaning if it comes back altered, you understand you are likely going to take the hit. But at least you know for sure whether your card is clean or not.

It's like others have said...this scandal represents such a small percentage of graded cards that chances are, your cards and the PSA process as it pertains to commoners like ourselves, should remain fine. I've almost always agreed with the grades I've received for cards so I believe the grading scale used by PSA to be valid.

If you've dropped a ton of coin on a high-end PWCC card in recent times, it might be good to just double check to make sure it's OK. Hopefully we get a full list of questionable serial numbers in the future to use as a purchasing guide, but other than that I think it's going to just go away--not because I'm downplaying it or a naysayer, but it's just how things like this go. There's currently no need to do anything irrational. I'd venture to say that less than 1% of collectors OUTSIDE Blowout Forums have no idea this scandal exists. Again, not downplaying the severity--just not blowing it out of proportion either.

[FT35]

Originally Posted by Coug46n2

This. To put it in context, I have over 1200 graded cards in the PC. 40-50% I pulled myself and subbed myself or know personally the person who did pull/grade. Those are PC forever and honestly, no concerns. Grading is subjective, but for me to send them in I had to consider them 'gem mint' myself and when PSA/BGS agreed, I'm satisfied with the card and it's assigned grade.

Those I bought graded, I do have a lot of concerns. I'm not going to dump them. I'm not going to crack them. I'm going to wait and see. Very very very few of them are valued more than $50, so the likelihood they were trimmed is small. A few of them (89 UD Griffey, 11 TU Trout) I might inspect very carefully. If I don't feel good about the unknown (trimmed or not) I might sell. If I feel confident they are legit, I'll keep. It's really not that tough a decision. What does my gut tell me.

Right with ya on this.

[chris_ac]

Originally Posted by caflisch78

Same. Luckily for me most of my cards are BGS but my most expensive card is a PSA 10 so that may suck.

I thought they were equal offenders? Maybe I misunderstand.

Definitely not cracking to answer the OP. No steady hands in this family to crack and remove safely. I don’t plan on submitting, but don’t know if I will stop buying slabs. Always depended on the card inside. Relying on the opinions of ebay sellers for raw is just as awful as these scandals. I unfortunately see way too many cards that should not be sold due to factory defects out of a pack. I know it’s a biz, but cards with multiple scratches or signifcant edge/corner stuff on foil or dark colors should not be pawned unless we’re talking 1/1s. Then condition is given much more leeway.

[Thor34]

I'm ripping all my own stuff these days and sending them off to PSA when I think it will GEM 10. Worse that can happen are the spattering of PSA 9's.
I know that I am the source on those.

A little more care and a little more due diligence is required in this environment if you expect to buy/win an auction for a card north of $100.
That's all.

This hobby is largely without "dirty" cards.

If you've got the big coin and you are buying really big; tread lightly.
I think its that simple.

Lastly, and to answer the original question, all my slabbed PSA cards will remain in slabs. I'm the furthest thing from paranoid.

[FT35]

Originally Posted by chris_ac

I thought they were equal offenders? Maybe I misunderstand.

Definitely not cracking to answer the OP. No steady hands in this family to crack and remove safely. I don’t plan on submitting, but don’t know if I will stop buying slabs. Always depended on the card inside. Relying on the opinions of ebay sellers for raw is just as awful as these scandals. I unfortunately see way too many cards that should not be sold due to factory defects out of a pack. I know it’s a biz, but cards with multiple scratches or signifcant edge/corner stuff on foil or dark colors should not be pawned unless we’re talking 1/1s. Then condition is given much more leeway.

Excellent point. At least with graded cards, you have a 98% chance that it's fairly and accurately graded. With raw, all bets are off.

[zdf123]

Well I bought a 1993 SP Jeter PSA 9 from PWCC back in December...most people would be freaked out, but mine has some minor edge damage so I'm not too concerned about trimming (who would've thought I'd ever be happy about an imperfection)

As for the rest of them, I'm just going to sit and see what happens. At least they look nice in the case.

[Coug46n2]

Originally Posted by Thor34

I'm ripping all my own stuff these days and sending them off to PSA when I think it will GEM 10. Worse that can happen are the spattering of PSA 9's.
I know that I am the source on those.

A little more care and a little more due diligence is required in this environment if you expect to buy/win an auction for a card north of $100.
That's all.

This hobby is largely without "dirty" cards.

If you've got the big coin and you are buying really big; tread lightly.
I think its that simple.

Lastly, and to answer the original question, all my slabbed PSA cards will remain in slabs. I'm the furthest thing from paranoid.

Well put. The only wrong answer is to panic.

[EricTownsend88]

I'm more fortunate then others in that grading never really appealed to me and I would always rather buy the raw card of what I wanted not only because it was cheaper but also for displaying purposes. The only time I'd really buy graded was when I couldn't find a raw for sale. That being said I did have 50+ graded cards in my collection. I collect three things: Albert Belle, 90's inserts and Hall of Fame rookies - so more the likely my stuff was legit and not altered - and also there was nothing crazy valuable in there either. I held off on doing anything for awhile after all the trimming and PSA stuff came to light but after the Black Label stuff with Joe and Leaf I couldn't stomach it anymore and cracked everything and I am done buying anything graded. My collection now displays better (Belle stuff that was graded is in my Belle box, Griffey Elite's that were graded go in a one touch in a box with my other Griffey Elite's that were raw, Rookies go in the rookie box, ect.)

[no10pin]

I'm not cracking out anything, but at the same time, most of the graded cards I have are moving. I'll get just as much enjoyment out of a well centered raw card as I will a graded one.

I don't think the market is going to disappear or anything, but at the same time, the premiums that PSA 9s & 10s get on some stuff are just simply not sustainable if their rep takes a public hit.

[patchgenie]

anything below 9.5 is getting dremel'd.

[azbaseballfan]

I still prefer a graded card over a raw. I won't be paying any sort of premium for BGS 10 or black labels though, that's for sure. As far as BGS 9-9.5, and PSA 9-10 I'm still a buyer, but not going to submit cards any time soon.

[boston12]

I can tell ya my BGS cards I’ve submitted for grading had no funny business. I’ve never received a 10 let alone a black label. Zero concern for me personally. Plus they won’t be sold in my lifetime.

[ThoseBackPages]

im still buying

[WillBBC]

Still buying and not cracking anything. 90% of the graded cards I own I submitted myself. There is certainly some shady stuff going on but it's 1% of 1% of graders cheating the system.

[wharfrat7624]

Originally Posted by FT35

I'm not doing anything with mine. I will say that it might be wise--if you suspect that you have purchased a card that may be a part of this scandal, you may want to resubmit it and get a 2nd opinion on the grade. Of course you're doing so under the "get it right" principal...meaning if it comes back altered, you understand you are likely going to take the hit. But at least you know for sure whether your card is clean or not.

It's like others have said...this scandal represents such a small percentage of graded cards that chances are, your cards and the PSA process as it pertains to commoners like ourselves, should remain fine. I've almost always agreed with the grades I've received for cards so I believe the grading scale used by PSA to be valid.

If you've dropped a ton of coin on a high-end PWCC card in recent times, it might be good to just double check to make sure it's OK. Hopefully we get a full list of questionable serial numbers in the future to use as a purchasing guide, but other than that I think it's going to just go away--not because I'm downplaying it or a naysayer, but it's just how things like this go. There's currently no need to do anything irrational. I'd venture to say that less than 1% of collectors OUTSIDE Blowout Forums have no idea this scandal exists. Again, not downplaying the severity--just not blowing it out of proportion either.

I agree with FT. This scandal is a small % of the total slabbed cards. I will keep my slabbed cards and personally I have sent cards to PSA and will send more. I have a 100 card submission I am working on sending soon. I also have a few I will send to BGS as well.

[blaze]

Grading is all about generating money. The money will not stop on the collector, dealer, or grading company end. This scam will have zero effect on the grading industry.

[delangley1977]

I have a senzel mojo 10 that if I cracked wouldn’t even get an 8 if resubmitted, wouldn’t feel comfortable selling it as a 10 either, that ones a lose lose situation. Maybe the guy that had it graded was one of these “we’ll do you some favors for big submissions guys.” Not that I’m planing on cracking anything anyway, I prolly only own 50ish slabbed cards.

[imbluestreak23]

Originally Posted by speedyjg13

Will you still keep submitting to BGS/PSA?

For sure!

[Rjk214]

Originally Posted by blaze

Grading is all about generating money. The money will not stop on the collector, dealer, or grading company end. This scam will have zero effect on the grading industry.

Yes it will. The grading industry is already a scam itself. A scam on a scam company? Disasterous.

People will slowly and surely stop paying premiums for more modern graded cards as there is 0 scarcity. It was only a matter of time until the entire house of cards on modern graded cards collapsed and the scams revealed. Sad but it was bound to happen