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Thread: What will be the outcome within the hobby with all this PSA, BGS, PWCC/consignor fraud?

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    Exclamation What will be the outcome within the hobby with all this PSA, BGS, PWCC/consignor fraud?

    I know some people want to downplay it, but they're wrong in doing so. This is big. There is huge scale fraud being perpetrated here. Millions upon millions are being spent on cards clearly being misrepresented by third party grading companies claiming expertise in fraud prevention. And I'm guessing many will want retribution or compensation. I have already noticed a downturn in sales of graded cards in the last few months and it's starting to worry me about graded cards I own. So how bad will this get, now that trust in TPG's has been essentially destroyed?

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    Senior Member death2redemptions's Avatar
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    If there were ever a time for Cardcop to chime in now would be the time. He has the inside info on this sorta stuff
    Look, I'm gonna be honest with you. I really need a job. And I will take any position, as long as it doesn't involve having sex with old ladies for money or bear traps. Those are my two bugaboos. While mulling over my resume feel free to check out my baseball card collection, it's small and simple, kinda like me - >>>>> https://s822.photobucket.com/user/JDf...ds%20n%20stuff


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    The most crazy part is how PWCC is misrepresenting specific consignment listings of theirs so their secret buyer can win the card at more cheaply auction, alter it, get a bump from PSA or BGS and make thousands after selling the same card again through PWCC. PWCC may have profited/pocketed $21,289.88 on one card alone by doing this. And they have most likely done this and things like this thousands upon thousands of times. This is fraud.
    Last edited by sportscardtheory; 06-02-2019 at 02:03 PM.

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    On every other trading card message board, almost all anyone is talking about is this grading/consignor scandal. Why is it here on FCB we can't get two people to discuss it.

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    Senior Member Brewer Andy's Avatar
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    I could be wrong but for some time now itís felt as though FCBs membership leans much more toward nostalgic team/player collectors with a rather romantic style of collecting. Not to say we donít have prospectors and the like because we do but thereís just not a big base here that is directly impacted by the high roller sales most of this garbage centers around. Do I hope people get charged with crimes for this bull crap? Absolutely. Is it bad for the hobby? Absolutely. But I have never and never will be in the market for a $1K plus card so itís not really in the same universe I live in. I applaud those doing the work to expose this for sure because it is a hobby I love though I mostly sitting here on the sidelines with my mouth hanging open with not much to say lol


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    I just got back from a 4-cup-of-coffee read through the latest hobby fraud thread on BO, which is pushing 300 posts in less than 18 hours. Here on FCB the entire board has 16 posts in almost 24 hours. I really like this board and most of its members, but I wonder what is happening here.

    About the scandals though. On one hand I am not surprised that fraudulent people are engaging in fraud when there is good money to be made doing so. But on the other hand, seeing how widespread it is, and reading the all the specifics of it, is still an eye opener. Selfishly, I am glad that I don't buy vintage or ultra-high-end cards, and I don't give a damn about grading or graded cards. So I'm not really affected too much by these people and their scams. But a lot of people are, and it sucks.

    One thing that is affecting me is shill bidding on ebay auctions. Is it just me or is this becoming more rampant than ever?

    It's gotten to the point that whenever I'm outbid, the first thing I do is look at the bid history and see if the high bidder looks like a shill. I already retracted one bid today on an auction that was probably being shilled, and it looks like another d-bag is trying the same thing on another auction (which is only at $9 freaking dollars). For the second auction, I sent this email to the seller, but no response so far:

    "Hello, I am the second bidder on this item. I just looked at the bid history, and it looks very much like the pattern I see when an item is being shill bid by the seller or one of their associates. Is that the case here?"

    This is the item - a measley 2019 Prizm snake skin parallel.
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    Senior Member rebelpawn's Avatar
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    Quote Originally Posted by Brewer Andy View Post
    I could be wrong but for some time now it’s felt as though FCBs membership leans much more toward nostalgic team/player collectors with a rather romantic style of collecting. Not to say we don’t have prospectors and the like because we do but there’s just not a big base here that is directly impacted by the high roller sales most of this garbage centers around. Do I hope people get charged with crimes for this bull crap? Absolutely. Is it bad for the hobby? Absolutely. But I have never and never will be in the market for a $1K plus card so it’s not really in the same universe I live in. I applaud those doing the work to expose this for sure because it is a hobby I love though I mostly sitting here on the sidelines with my mouth hanging open with not much to say lol


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    100% agree Andy. Perfectly put

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    Looks like law enforcement is getting involved...

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    Senior Member finestkind's Avatar
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    That's funny.
    Thank you Ralph.

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    Member banjar's Avatar
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    I agree, well said.

    Quote Originally Posted by Brewer Andy View Post
    I could be wrong but for some time now it’s felt as though FCBs membership leans much more toward nostalgic team/player collectors with a rather romantic style of collecting. Not to say we don’t have prospectors and the like because we do but there’s just not a big base here that is directly impacted by the high roller sales most of this garbage centers around. Do I hope people get charged with crimes for this bull crap? Absolutely. Is it bad for the hobby? Absolutely. But I have never and never will be in the market for a $1K plus card so it’s not really in the same universe I live in. I applaud those doing the work to expose this for sure because it is a hobby I love though I mostly sitting here on the sidelines with my mouth hanging open with not much to say lol


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    Collecting Roberto Alomar. Over 4000 unique cards, but always looking for those I'm missing!

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    Quote Originally Posted by sportscardtheory View Post
    On every other trading card message board, almost all anyone is talking about is this grading/consignor scandal. Why is it here on FCB we can't get two people to discuss it.
    Why does this matter? The major conversation and work is being done on BO and that is where the focus of the conversation is.

    I've been following the thread on BO and it's very sad for the hobby.

    I've seen quite a few of our members participating in that thread.
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    It doesn't matter. It's just an observation.

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    Quote Originally Posted by sportscardtheory View Post
    It doesn't matter. It's just an observation.
    You made a valid point about the attention it's gotten. I just think we're all following it on BO.

    It's a very sad period for our hobby...I thought PWCC was one of the good guys.
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    What will be the outcome within the hobby with all this PSA, BGS, PWCC/consignor fraud?

    Iím glad to see this brought up on here. I read BO too, but it usually wears me out. Even though thereís not as much traffic here, I find the members here much more reasonable and appreciate what they say. Iím glad to see it discussed, because itís been something Iíve been thinking a lot about. Most of my graded cards are my lower grade mantle collection and rookie cards, which I always planned on keeping and passing down to my son. I never bought into grading as far as high end goes thankfully. I always buy vintage that are PSA graded with lower grades, mainly because I though it was better from an authenticity perspective. Iíd rather buy a low grade than a raw for the same price because I always thought there was less of a chance it e-card was fake or altered. Now Iím questioning everything and it makes me wonder what kind of impact it will have on the hobby overall.


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    Senior Member AnthonyCorona's Avatar
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    Quote Originally Posted by sportscardtheory View Post
    It doesn't matter. It's just an observation.
    Whatís your name on BO?


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    Please note: Card collecting is my hobby, not my life. I don't take it that serious and like to keep it fun.

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