100s of PSA Cards Stolen From FedEx Truck (I Have the List)
A FedEx truck carrying PSA-graded trading cards was burglarized after leaving PSA's Southern California facility, resulting in the theft of hundreds of high-value cards worth over $100,000. The speaker obtained a list of 383 serialized stolen cards and is urging the community to help identify them, while calling for PSA and shipping partners to implement more secure transport methods for valuable shipments.
Summary
The speaker reports on a developing story of a FedEx truck theft that occurred after leaving PSA's Southern California grading facility. The incident was first discovered through social media posts from collectors who lost significant card submissions—one person lost 104 cards worth over $100,000, another lost 169 cards, and a third lost 48 cards worth $8,000. PSA has confirmed the theft and begun investigating, deactivating the certifications of stolen items to prevent them from being sold and notifying commerce partners of the serialized items that can be traced. The speaker was given access to a list of 383 confirmed stolen serialized cards by a commerce partner and is distributing this list to help identify and prevent the sale of these cards. However, the total number of stolen cards is believed to exceed 500 when accounting for non-serialized items and reports from collectors still reaching out. The speaker emphasizes concerns about PSA potentially nickel-and-diming customers on insurance claims and questions whether the theft was random or involved inside knowledge given the facility's visibility. He proposes systemic changes including Brinks-style armored transport, courier services where PSA employees accompany high-value orders, or customers meeting in person for expensive transactions. The speaker also references an unrelated but related problem: a major card breaker who has lost approximately $500,000 in packages through USPS this year (412-418 packages) and is preparing to go public with this story to NBC, which could result in national media coverage of the broader shipping security crisis in the hobby.
Key Insights
- PSA deactivated certifications for stolen items and notified commerce partners as an immediate response to make the cards harder to sell, though the speaker expresses concern this may not fully prevent sales at card shows or flea markets.
- The speaker argues that PSA and shipping partners need to fundamentally rethink their system because the location of the PSA facility is not a secret, millions of dollars in cards are housed there daily, and trucks carrying high-value shipments leave regularly, making it a known target.
- The speaker proposes that customers might be willing to pay a 1% premium (approximately $1,000 on a $100,000 order) for a courier service where a PSA employee accompanies valuable shipments for peace of mind.
- An unnamed top-15 or top-20 card breaker has lost approximately $500,000 in packages through USPS this year across 412-418 stolen packages, and this story is about to be made public through NBC, potentially bringing national media attention to shipping theft in the hobby.
- The speaker indicates that while the confirmed list contains 383 serialized cards, the actual total of stolen cards has grown to over 500 when accounting for anecdotal reports from collectors reaching out directly and non-serialized items.
Topics
Transcript
[0:00] I don't usually drop stuff on the weekends, but we have a major story developing. We had a FedEx truck hijacked, stolen, whatever, robbed, whatever you want to call it. And um the first signs of this was a tweet saying like, "Hey, I had like a $100,000 stolen." And at the time we thought like, "Hey, maybe that's an isolated thing." And then I started seeing more on X and people are starting to reach out to me directly. And it's pretty wild. I've actually got a list. I'm going to link it. I'm going to pin the pin a comment, put in the description. 383 serialized cars that were taken off [0:31] this truck. That is not…
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