Over on one of the hockey forums I am apart of, long story short:
Guy submitted a bunch of cards and declared low value to save some money
One of the cards was a 15/16 Upper Deck Young Guns Buyback McDavid /97 ( for those who dont know, he is Top 2 in most expensive current players in Hockey )
PSA claims to have accidentally thrown the card out, they say they have video proof of this action.
Guys declared value of the McDavid was $499 ( its closer to a $2500 card )
PSA offers the guy $499 refund or $499 in credit.
People are claiming PSA or the grader stole it.
In the same order he sent in a Trae Young 1/1 Prizm Rookie, he claims the card was mint to the naked eye ( no proof on this ) this is prob a $3500+ card.
The card comes back a PSA 9, but upon further inspection the card has a huge crease, not something PSA or anyone thats into cards could overlook. Did PSA just slab it a 9 in hopes it would be overlooked? The 1st time I heard “buy the card not the grade” was from the Pokemon community.
With the McDavid, IMO both parties are to blame here. Of course, mistakes can happen, and I dont see PSA stealing the card ( grader could be a different story ), but it can get lost. As someone who works with cards for their job, it is easy to misplace / lose certain items if you arnt being careful enough. Shame on PSA for losing a card, but they are in the right in offering what the owner claimed as value. Shame on the owner for trying to save a few bucks, as he most likely is SOL with this card.
With the Young, ive heard people in the Pokemon community say cards have come back much lower than they expected, and upon further inspection of their card, there is damage when they know for a fact the card was not damaged when sent in. Maybe PSA has to pull a BGS, and stop submissions for whatever amount of time to let their graders catch up, or take a little more time and care in the handling / grading process
Be careful with what you claim on your PSA submissions because you never know what might happen!
Heres the thread: