Issue with PSA

[ThoseBackPages]

Originally Posted by hairyangryfella

Last couple I've seen have been about $8000

very nice! i would say have them re-slab it at the show. last year it was $35 to have a card at that level re-holdered

[hairyangryfella]

Originally Posted by KhalDrogo

No, no, no. We have to pay for their insurance.

It's like you bringing your car to the shop to get the oil changed and them charging you triple what the last guy paid because you drive an M3 and he drives a 1999 Civic hatchback. They might damage the car in the shop, and they need to charge you for that possibility.

But why should the customer be paying for that? Hire good staff, do the job properly, stand by your product.
Have insurance behind you incase of this issue but don't put all of YOUR responsibility costs onto the customer. I'm stunned people still use them with this principle.

Originally Posted by ThoseBackPages

very nice! i would say have them re-slab it at the show. last year it was $35 to have a card at that level re-holdered

Location is an issue....

[KhalDrogo]

Originally Posted by hairyangryfella

But why should the customer be paying for that? Hire good staff, do the job properly, stand by your product.
Have insurance behind you incase of this issue but don't put all of YOUR responsibility costs onto the customer. I'm stunned people still use them with this principle.

I was being facetious

No, we should not be paying for their ineptitude.

I still use PSA for lower-end cards and cards that just belong in PSA slabs (Topps flagship, Heritage, etc.). There's money to be made, so I'm going to use them. Doesn't mean I have to agree with all of their policies. I use BGS for higher-end items. Makes no sense to me to pay significantly more for a slower non-guaranteed turnaround with PSA.

[jj2]

Originally Posted by KhalDrogo

It's like you bringing your car to the shop to get the oil changed and them charging you triple what the last guy paid because you drive an M3 and he drives a 1999 Civic hatchback. They might damage the car in the shop, and they need to charge you for that possibility.

Exactly. It's crazy.

[ThoseBackPages]

Originally Posted by hairyangryfella

Location is an issue....

ahhh i see that now

[RogerGodahell]

Originally Posted by KhalDrogo

No, no, no. We have to pay for their insurance.

It's like you bringing your car to the shop to get the oil changed and them charging you triple what the last guy paid because you drive an M3 and he drives a 1999 Civic hatchback. They might damage the car in the shop, and they need to charge you for that possibility.

More like they're making you buy the car to get the oil if the car is nice

The last guy got a $20 oil change but since you own a nice car it'll be $5000 please.

[jerryw]

Nows the time to change the up charges nat…..scr for life

[Woodsy074]

This thread is a gold mine. Thanks for bumping. Guess people have had a change of heart over the years on PSA's practices.

[AbraCalabro]

Originally Posted by jerryw

Nows the time to change the up charges nat…..scr for life

In case others haven't seen it:

5:18



I'm also really interested in this particular comment:


ZiggyNo
26 minutes ago

I have never been a fan of Nat Turner.
I'd like your thoughts on Josh Johnson and Chris McGill from CardLadder? I have made videos and watched them grift the hobby and attack via their minions. Josh was selling picks for years and Chris was a reference. They ran card ladder for years while selling picks. Fine. At the same time they used affiliates to attack others in the hobby. I was specifically threated by Chris on Jeremy Lee's channel. Jeremy Lee is another guy that stabbed me in the back and I don't trust.
Today you have CardLadder under Nat Turner. Predicting values and providing market caps of cards.


-------------------------

Is ZiggyNo on this site?

[NoleinJax]

Can't believe I missed this thread years ago. How ironic. Thankfully Nat is in charge now and fixed all of the issues he had with the company prior to his purchase.

[boxbuster7]

Originally Posted by NoleinJax

Can't believe I missed this thread years ago. How ironic. Thankfully Nat is in charge now and didn't fix any of the issues he had with the company prior to his purchase.

Fixed it for you

[jerryw]

Originally Posted by NoleinJax

Can't believe I missed this thread years ago. How ironic. Thankfully Nat is in charge now and fixed all of the issues he had with the company prior to his purchase.

Up charges are a lot less extortion when the money comes in your pocket and not out of it

[NoleinJax]

[QUOTE=boxbuster7;18202676]Fixed it for you[/QUO

Dammit, I thought I used the sarcasm font.

[bear0555]

PSA used a fake sale to upcharge me to $600 on a card about a month ago. I showed them the sale isn't on Terapeak and the card was relisted, and they reduced the upcharge to $150. I paid $850 for the card raw over a year ago.

[mallowciraptor]

Originally Posted by bear0555

PSA used a fake sale to upcharge me to $600 on a card about a month ago. I showed them the sale isn't on Terapeak and the card was relisted, and they reduced the upcharge to $150. I paid $850 for the card raw over a year ago.

I think they are just hoping you are some sucker who won't do their due diligence and just agree to pay the upcharge.

[GOATMJ]

PSA is ridiculous. They hold your cards hostage if it grades high and your card is now worth a ton more. You get an email from them saying you owe them now $X amount more. At least you pay a flat fee with BGS and SGC regardless of what your card is and how your grade turns out. Such BS.

[nbahobbyaddict]

Originally Posted by natsturner

Hi all -

As many know, I have over the years started to convert or send in much of my collection to PSA as I prefer the holder and such to BGS, but I've recently had some really frustrating experiences. For one, I just got my grades back on a bulk order and one of the cards I sent in was a 1998 Molten Metal Fusion /40 Tim Duncan. That card is certainly less than $2k raw, and the card got a 9 and they just came back and are trying to charge me $1k to keep it in the holder, lol! Feels like extortion honestly, they have my card and are dangling it in front of me to keep it in the grade it received. Granted I sent it in in the bulk service (as I didn't pay that much for it raw) at $8 each, and it probably should have been in the next level up ($20 for cards with Max Declared Value Per Item under $499) or at worst the $1999 and under $75 Max Declared Value Per Item level. It seems they've now made a habit of going through at least my orders and revising up cards they think are worth more and try to charge me more for those cards than the bulk rate.

On the Duncan specifically, the guy who emailed me from PSA referenced some obviously fake/shilled ebay auction from 2017 of a Duncan Fusion /40 at $19k which he found on Worthpoint I guess.

They also had some other ones wrong, like an Iverson 97-98 Autographics I sent in that they are trying to charge me $75 to grade (which would imply a Max Declared Value Per Item between $499 and $1999), as well as a 2003 LeBron Flair Final Edition Row 1 at $75. Both of which are under $499 raw I bet 95 out of 100 times on eBay.

Is it just me or this backwards? IMO it's really BS how they try and charge more to the collector depending on what grade the card gets vs. the true raw cost, and also how they're going about it (relying on shilled auctions, for example). I remember they first did this to me at the National a 5-6 years ago when I got my Kobe Green PMG graded. It got a 7. I originally paid $300 or $400 for the service which at the time was the appropriate level for the raw value at the time but then they came back to me and said "this card is now worth more in the PSA 7 holder, so you need to pay us $700 or we'll crack it out" (it may have been higher than $700 but that's how I remember it). I felt mad about that situation for months later, as the process isn't transparent and they just hold you up at the end.

On their website the service levels differ by "Max Declared Value Per Item", which to me means or should be defined as how much the card is worth raw before it's graded. Let's aside for a second the fact that their costs are the same for each card presumably, it's not like a $10k card costs more to grade than $100 card, it's the same service / holder / material / etc. Why are they trying to grab more money at the end before they ship cards to you depending on what grade they give the card?

I'm really struggling here as you can probably tell with this. It's not the money obviously, although anyone would be insane to pay those three prices for the three cards I mentioned above to have them in PSA holders. It's the process and integrity of the approach. I'm at the point where I'm not going to send in any more cards to them... . I want to like PSA as I like their product, I just don't like these recent examples. I certainly will pay more attention to making sure raw cards I include in bulk orders are under the Max Declared Value Per Item level for that level of service, but the vast majority of them I acquired years upon years ago. For example, that LeBron Final Edition Row 1, I looked it up and I paid $50 for it 10 years ago (it's not in great shape).

Anyone else feel this way / had similar experiences?

-Nat

Pure gold!

[thenwhatjk]

Hilarious

[kingofsnake]

How dare you laugh at Nat!? He's a hobby hero!

[duron]

Time and extortion are relative.

[DetroitTN]

This is one of the reasons why I have little faith in PSA. Pop control and upcharging

[mc1]

Originally Posted by DetroitTN

This is one of the reasons why I have little faith in PSA. Pop control and upcharging

Two exact opposite issues.

If they control pops and give less 10s, then they cant upcharge you.

If they dont control pops and give more 10s, then they CAN upcharge.

[CheN09]

Mark this.

[Beavers98]

Originally Posted by Woodsy074

This thread is a gold mine. Thanks for bumping. Guess people have had a change of heart over the years on PSA's practices.

For sure. From the OP to the massive CURRENT PSA apologists just on the first couple of pages alone makes this worth a read. Funny how influencers/
pumpers, and money can change people's viewpoints.

[jr24ai3]

I'd love to hear his response to his original post now that he owns PSA.