Marx Cards - Page 2

oddstuff · 01-20-2022, 01:58 PM

Quote:

Originally Posted by jewcer2k5

Exactly. We are the biggest submitter, PSA does not ask for money upfront. If they (Marx) were taking money up front it was to use as a zero percent loan for whatever they wanted to use it for, not to give to PSA. So they used it now they don't have the amounts they owe for the submissions that are done. But the customers already paid.

This is a good point to know for folks considering submitting to a group submitter. Do your diligence and ask this question and any other questions you may have.

dbodbodbo · 01-20-2022, 02:06 PM

I have 100+ cards and thousands of cash with Marx. They are a certified deal on PSA's website, which should make them culpable in this too. This is insane.

ichirorox · 01-20-2022, 02:13 PM

I live in SoCal so I've subbed with Marx before. It is true that they would charge you upfront when you first submit your cards. The service has always been solid, so I gave them the benefit of the doubt for this situation that they prob just got in way over their heads.

HOWEVER - a few weeks ago I messaged them asking if they could help with some submissions for high dollar cards I had and they quoted me some rates. Based on what CC2 and some others have said, MC has known about this situation since November (and probably way earlier), which means they essentially still wanted me to send them cards, pay them the grading fees, and essentially steal my money. What a bunch of F'ing jokes

discodanman45 · 01-20-2022, 02:14 PM

Marx Cards turned off commenting on their instagram. It also looks like they have no services on their website, don't know if they ever had services on their website. This is not looking good. Sorry to anyone who submitted with them. We don't need any more drama in the hobby. BBCE $3.5 million in GI Joe Cards, Breakers Gone Wild with Lawrence Gold Kaboom, and now this...

Kobe101 · 01-20-2022, 02:15 PM

Quote:

Originally Posted by ichirorox

I live in SoCal so I've subbed with Marx before. It is true that they would charge you upfront when you first submit your cards. The service has always been solid, so I gave them the benefit of the doubt for this situation that they prob just got in way over their heads.

HOWEVER - a few weeks ago I messaged them asking if they could help with some submissions for high dollar cards I had and they quoted me some rates. Based on what CC2 and some others have said, MC has known about this situation since November (and probably way earlier), which means they essentially still wanted me to send them cards, pay them the grading fees, and essentially steal my money. What a bunch of F'ing jokes

Yeah that is really messed up. Sorry that happened to you man.

From CC2's video they were against including any personal guarantees or collateral on the note they agreed to so they will probably just file bankruptcy.

ichirorox · 01-20-2022, 02:18 PM

Quote:

Originally Posted by Kobe101

Yeah that is really messed up. Sorry that happened to you man.

From CC2's video they were against including any personal guarantees or collateral on the note they agreed to so they will probably just file bankruptcy.

I luckily never sent them my cards, but it just shows how f'ing shady these guys are.

dbodbodbo · 01-20-2022, 02:20 PM

My buddy subbed a very high end superfractor auto from a previous year of Bowman Draft in person with them last week. They have apparently known about this since November. What a disgrace.

Kobe101 · 01-20-2022, 02:20 PM

Quote:

Originally Posted by ichirorox

I luckily never sent them my cards, but it just shows how f'ing shady these guys are.

Wow Good thing!!! Yeah they sound like pretty awful people.

oddstuff · 01-20-2022, 02:32 PM

Guess in the long run, people will get their graded cards eventually...as I'm sure PSA wants to resolve this asap as it's a black eye on their brand having an approved dealer go south on them. Those that have their cards in limbo at PSA may end up having to pay double grading fees just like CC2 if Marx does go bankrupt and unable to refund fees paid to them. Hopefully nobody will lose their cards in the shuffle.

cripin123 · 01-20-2022, 02:35 PM

I never submitted with them but sold cards and picked up stuff from them it was my local card shop

Incognito · 01-20-2022, 02:36 PM

Wow, this is an eye opener!

RufussCkingston · 01-20-2022, 02:36 PM

https://www.thecamarilloacorn.com/ar...family-affair/

Kobe101 · 01-20-2022, 02:47 PM

Quote:

Originally Posted by RufussCkingston

https://www.thecamarilloacorn.com/ar...family-affair/

Interesting. I wonder what he did with all of the money. He had to have a lot of inventory + all of his customers upfront fees.

jrettinger · 01-20-2022, 02:47 PM

I have 51 cards that were are still pending since last February. I guess I'll have to reach out directly to PSA with hopes I can get the cards rerouted and pay the fee again.

KhalDrogo · 01-20-2022, 03:02 PM

Not surprising to see people blame PSA for this. But good luck with that route. PSA has no responsibility for the actions of authorized dealers. Read below. I'm also shocked that so many people would use somebody who charges up front when the bill is not paid to PSA until the order is completed. You are giving out interest free loans by doing that.

https://www.psacard.com/about/rights

Quote:

Each customer of a PSA dealer is entitled to the following rights:

Written Receipt:
When the customer submits trading cards and/or other memorabilia to the dealer for grading by PSA, the dealer will provide the customer with a receipt identifying the submitted items.

Prompt Submission for Grading:
The items will then be promptly delivered to PSA (in no event later than thirty (30) days after the customer delivered the items to the dealer).

Proof of Submission:
The customer is entitled to receive, within thirty (30) days after the customer delivers the items to the dealer, a copy of the PSA invoice form prepared by the dealer for submission to PSA.

Financial Responsibility:
The dealer will ensure that funds paid by the customer are secure and available to be applied once PSA has completed the processing of the order.

Prompt Return After Grading:
The dealer will promptly return the customer's graded and encapsulated items to the customer within ten (10) days after the dealer receives them from PSA, unless directed otherwise by the customer.

Careful Handling:
The customer's items will be returned to the customer in the same condition they were in when the customer delivered them to the dealer.

Courteous, Honest Service:
Each dealer will at all times give the customer prompt, courteous and efficient service, and, in all of the dealer's transactions with the customer, will observe the highest standards of honesty, integrity, fair dealing and ethical conduct.

The Customer Bill of Rights does not create a relationship between the customer and Collectors Universe and/or Collectors Universe's division PSA (collectively "PSA"). The customer's rights under the Customer Bill of Rights are held exclusively by the customer and are for the customer's sole benefit. The customer is not an intended third party beneficiary of the Customer Bill of Rights. PSA's policy is to not pursue, on behalf of a customer, the customer's rights against dealers who violate the Customer Bill of Rights, or to pursue for the customer's benefit (whether direct or indirect) a claim for a dealer's violation of the Customer Bill of Rights . PSA's obligations connected with, or arising out of, a dealer's violation of the Customer Bill of Rights are limited solely to disciplining, suspending or terminating a dealer.

oddstuff · 01-20-2022, 03:03 PM

Quote:

Originally Posted by jrettinger

I have 51 cards that were are still pending since last February. I guess I'll have to reach out directly to PSA with hopes I can get the cards rerouted and pay the fee again.

If Marx had my cards and they're not responding to my reach outs to them, I would definitely get in touch with PSA in case PSA has started some sort of list of folks with cards submitted through Marx.

discodanman45 · 01-20-2022, 03:08 PM

Chances are the Minjares brothers took all that money and tried to ride the boom in early 2021 and lost tons of money that was fronted to them on a 0% loan from you the submitters. Let this be a lesson to everyone to be extremely careful when using bulk submitters. There are probable about three I would trust and PC Sportscards is one of them. Also never use someone that uses big3pimpin@yahoo.com as a personal email to submit cards to. Looking up some information about them, there past is a bit shady as well.

TheTCGenius · 01-20-2022, 03:12 PM

dont know why people run and hide.... like they cant be found.

Bosoxfan5990 · 01-20-2022, 03:12 PM

Many people already seemed to be leaving the hobby in droves. All the scandals over the last week or two will only compound that exodus.

Kobe101 · 01-20-2022, 03:13 PM

Quote:

Originally Posted by discodanman45

Chances are the Minjares brothers took all that money and tried to ride the boom in early 2021 and lost tons of money that was fronted to them on a 0% loan from you the submitters. Let this be a lesson to everyone to be extremely careful when using bulk submitters. There are probable about three I would trust and PC Sportscards is one of them. Also never use someone that uses big3pimpin@yahoo.com as a personal email to submit cards to. Looking up some information about them, there past is a bit shady as well.

Please tell me that is a joke.

discodanman45 · 01-20-2022, 03:16 PM

Quote:

Originally Posted by TheTCGenius

dont know why people run and hide.... like they cant be found.

A two second google search and you have a home address, telephone numbers, family members, etc... Opening up a small business in today's society where your name is attached to it is an extremely dangerous thing. Especially when stuff like this happens. Just takes one lunatic that you scammed out of $20,000 to create a horrific situation.

Bosoxfan5990 · 01-20-2022, 03:17 PM

Quote:

Originally Posted by Kobe101

Please tell me that is a joke.

He was spendin' cheese alright.

discodanman45 · 01-20-2022, 03:17 PM

Quote:

Originally Posted by Kobe101

Please tell me that is a joke.

Nope, I found it numerous places attached to one of the brothers' names.

jrettinger · 01-20-2022, 03:19 PM

Quote:

Originally Posted by Bosoxfan5990

Many people already seemed to be leaving the hobby in droves. All the scandals over the last week or two will only compound that exodus.

Agreed. I'm one of them that's thinking about giving this up. Too much shady business going on.

dbodbodbo · 01-20-2022, 03:26 PM

Marx is still, at this moment, listed as an authorized dealer on PSA's website.

01-20-2022, 02:14 PM	#29
discodanman45 Member Join Date: Jun 2020 Location: CA Posts: 9,821 danch27	Marx Cards turned off commenting on their instagram. It also looks like they have no services on their website, don't know if they ever had services on their website. This is not looking good. Sorry to anyone who submitted with them. We don't need any more drama in the hobby. BBCE $3.5 million in GI Joe Cards, Breakers Gone Wild with Lawrence Gold Kaboom, and now this... __________________ Always looking for rarer Rik Smits cards and cards from the 2014-15 Spectra Global Icons set. Send me a message!

01-20-2022, 02:36 PM	#36
Incognito Member Join Date: Aug 2013 Location: Kansas Posts: 149 thesundayticket	Wow, this is an eye opener! __________________ I PC rare KC Chiefs Cards

01-20-2022, 03:08 PM	#42
discodanman45 Member Join Date: Jun 2020 Location: CA Posts: 9,821 danch27	Chances are the Minjares brothers took all that money and tried to ride the boom in early 2021 and lost tons of money that was fronted to them on a 0% loan from you the submitters. Let this be a lesson to everyone to be extremely careful when using bulk submitters. There are probable about three I would trust and PC Sportscards is one of them. Also never use someone that uses big3pimpin@yahoo.com as a personal email to submit cards to. Looking up some information about them, there past is a bit shady as well. __________________ Always looking for rarer Rik Smits cards and cards from the 2014-15 Spectra Global Icons set. Send me a message!

01-20-2022, 02:06 PM	#27
dbodbodbo Member Join Date: Apr 2021 Location: San Francisco Posts: 232 mattersportscards	I have 100+ cards and thousands of cash with Marx. They are a certified deal on PSA's website, which should make them culpable in this too. This is insane.

01-20-2022, 02:13 PM	#28
ichirorox Member Join Date: Dec 2010 Location: Seattle Posts: 2,353 ichirorox ichirorox	I live in SoCal so I've subbed with Marx before. It is true that they would charge you upfront when you first submit your cards. The service has always been solid, so I gave them the benefit of the doubt for this situation that they prob just got in way over their heads. HOWEVER - a few weeks ago I messaged them asking if they could help with some submissions for high dollar cards I had and they quoted me some rates. Based on what CC2 and some others have said, MC has known about this situation since November (and probably way earlier), which means they essentially still wanted me to send them cards, pay them the grading fees, and essentially steal my money. What a bunch of F'ing jokes

01-20-2022, 02:20 PM	#32
dbodbodbo Member Join Date: Apr 2021 Location: San Francisco Posts: 232 mattersportscards	My buddy subbed a very high end superfractor auto from a previous year of Bowman Draft in person with them last week. They have apparently known about this since November. What a disgrace.

01-20-2022, 02:32 PM	#34
oddstuff Member Join Date: Dec 2017 Location: CA Posts: 5,188	Guess in the long run, people will get their graded cards eventually...as I'm sure PSA wants to resolve this asap as it's a black eye on their brand having an approved dealer go south on them. Those that have their cards in limbo at PSA may end up having to pay double grading fees just like CC2 if Marx does go bankrupt and unable to refund fees paid to them. Hopefully nobody will lose their cards in the shuffle.

01-20-2022, 02:35 PM	#35
cripin123 Member Join Date: Sep 2010 Location: oxnard Posts: 5 cripin123	I never submitted with them but sold cards and picked up stuff from them it was my local card shop

01-20-2022, 02:36 PM	#37
RufussCkingston Member Join Date: Aug 2020 Location: Uranus Posts: 1,297	https://www.thecamarilloacorn.com/ar...family-affair/

01-20-2022, 02:47 PM	#39
jrettinger Member Join Date: Sep 2020 Location: Charlotte, NC Posts: 208 MadDome	I have 51 cards that were are still pending since last February. I guess I'll have to reach out directly to PSA with hopes I can get the cards rerouted and pay the fee again.

01-20-2022, 03:12 PM	#43
TheTCGenius Member Join Date: Oct 2020 Posts: 194	dont know why people run and hide.... like they cant be found.

01-20-2022, 03:12 PM	#44
Bosoxfan5990 Member Join Date: Oct 2020 Location: MA Posts: 14,529 rossisportscards	Many people already seemed to be leaving the hobby in droves. All the scandals over the last week or two will only compound that exodus.

01-20-2022, 03:26 PM	#50
dbodbodbo Member Join Date: Apr 2021 Location: San Francisco Posts: 232 mattersportscards	Marx is still, at this moment, listed as an authorized dealer on PSA's website.