Side note, but I wonder if any of these slabs slipped through EBay’s slab authentication.

Or are international transactions are this dollar amount exempt?

Moreover, how many of the folks are looking for fake slabs at eBay instead of just making sure the item matches the listing and passes on looking for fake slabs?

Only US based sellers get eBay Slab Authentication

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Well technically eBay doesn’t authenticate the graded cards, PSA does as part of the Authenticity Guarantee program. One would hope, since PSA themselves is doing the authentication, that they would be able to spot a real PSA label in a fake PSA case. But as @kpod mentioned, you only get the authentication if you’re a US based eBay seller.

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I’m very sus of anyone who posts stacks of cash. People with wealth don’t need to show it

disclaimer: this is gentle ribbing

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I see that you are a purveyor of U.S. state quarters :eyes: :chart_with_upwards_trend:

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This was Gary’s idea! :sweat_smile:

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Not sure what to make of all of this. He must have someone experienced advising him. He has great taste in cards, and is after cards of the highest quality despite being in the hobby for a very short time.

Are the cards in the PSA cases wildly out of the condition range of a PSA 10?

If we are talking about one white dot or a dent, couldn’t it be very possible that it was in fact, a weak 10?

I hope it is not true for the sake of everyone involved.

if the accusations are true, I woulnd’t be surprised if there is a network behind all this.
Just one very wealthy man doing this even with lower value cards seems… odd.

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Some might be weak 10s…but if you look at a few of the pictures of the fake slabs and compare them to the real PSA scans, you’ll see the cards themselves don’t match. For example, the Kingdra has a different Holo pattern, and the GS Mew is cut differently. The images depict different cards sharing the same cert, condition aside

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This is crazy if true and might be one of the largest scams in the history of this hobby.

I guess we all know how this guy afforded his Ferrari now

Xiao reached out to me a couple months ago for several cards, and the brief interaction felt off - his repeated lowball offers felt incongruent with his liquidity to acquire the top tier cards in the hobby, not even considering his supposed involvement in the art world. Glad to hear you and a lot of other sellers did not have my sort of interaction and have had smooth transactions with him - it’s a shame that these acts of malice have impacted so many with long-lasting implications in the community.

I am one to always respect the grind that often comes with any community or industry, but when that very hustle creates enduring repercussions that only ever fed one’s vanity, those people need to always be wary about crossing a line they can probably never return.

cpbog1

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Me and my exclusively raw binder collections while everyone frantically checks their slabs

image

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Common W for the Binder Gang - represent!

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Scott,

Can you elaborate on your recommendation that PSA should provide some sort of reimbursement? Is the implication that given PSA’s size and influence, their authenticity should allow for a tamper-proof encapsulation that would prevent the reuse of their labels and slabs in these types of fraudulent activities? Or did I misunderstand what you meant?

Thanks,
cpbog1

The reason he’s doing this is because he was hyping this card in China and this card sold for around 800 to 1000 usd in China.

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  1. Party A owns card X
  2. Bad actor comes in, creates an illegitimate/fraudulent product using the cert of card X.
  3. Party A gets burned, despite having done nothing + paid for PSA’s services.

I imagine (correct me if I’m wrong) that in instances like this, Party A should be able to have their card re-slabbed free of charge, or be compensated for having a dead-cert slab.

I don’t see how engineering some ridiculously crazy tamper-proof case would be feasible – there’d be no reason for PSA to take on those extra costs (and pass them on to the end consumer).

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PSA does reslab the card for free and gives it a new cert. But it’s still a hassle to have to send it in, have them crack it (and potentially damage it), and wait to get it back.

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