PSA Update: 6,451 Cards Stolen!
PSA has announced that 6,451 cards were stolen and has provided a complete list to the community. The speaker questions whether the theft occurred in PSA's parking lot or off their property, and notes that PSA is maintaining their standard terms and conditions regarding compensation while requesting tips for the FBI and police.
Summary
A PSA update addresses a significant theft involving 6,451 cards. PSA has responded to the speaker's previous requests by releasing a statement expressing deep concern about what happened after the items left their care. The speaker raises an important clarification question about the circumstances of the theft—specifically whether the cards left PSA's care while still in their parking lot or after leaving PSA's property entirely. The speaker acknowledges this distinction likely won't be answered for some time. PSA has taken the step of providing the community with a complete list of the stolen cards, which the speaker praises. However, PSA is adhering to their existing terms and conditions regarding compensation claims, which is within their legal right. The update includes a call for the public to provide tips to either the FBI or local police departments if they have any information about the theft. The speaker emphasizes the magnitude of the situation, implying that with so many cards stolen, it's likely someone will eventually come forward with leads.
Key Insights
- The speaker questions a critical distinction about PSA's liability based on whether the cards left PSA's care in their parking lot versus off their property entirely
- PSA stated they are deeply concerned by what occurred after the items left their care, which the speaker views as an important acknowledgment of the incident
- PSA has chosen to maintain their standard terms and conditions regarding compensation despite the theft, which the speaker characterizes as their legal right
- PSA provided a complete list of all 6,451 stolen cards to the community, which the speaker views positively
- The speaker expects that the sheer volume of stolen cards (6,451) makes it likely that someone will eventually provide leads to authorities
Topics
Transcript
[0:00] We finally have an update from PSA on this and they have done something I have asked them for for the last week. It says here they are deeply concerned by what occurred after the items left their care. My question about leaving their care is did it leave their care in their parking lot or did it leave their care outside of PSA's property? We will not have that answer for some time, I imagine. And I was right. It's thousands of cars. 6,451 to be exact. and they have provided an [0:30] entire list of those cards to the community. So, kudos to them. And it looks like they're sticking with the terms and conditions with regards…
Full transcript available for MurmurCast members
Sign Up to AccessMore from Boston Card Hunter
Where Are The Opportunities In Baseball Cards?
Marshall shares investment opportunities in baseball cards, highlighting affordable leader cards from classic sets like 1962-1963 as undervalued alternatives to expensive cards. He advises collectors to focus on star players in mainstream sets rather than niche oddball collections to preserve value.
A Whale Shares His Prediction For Baseball Cards & Vintage
Marshall predicts that the vintage baseball card and memorabilia market will continue to thrive due to nostalgia and emotional connections to legendary players from baseball's history. He argues that vintage cards represent a legitimate wealth management asset comparable to stock investments, and that modern players like Mike Trout lack the cultural resonance and nicknames that define classic baseball legends.
How Cards Helped Me Find My Way Back
The speaker recounts his journey from childhood card collecting through a major health crisis to becoming a prominent figure in the card collecting community on social media. He discusses how a counterfeit card trade led him to complete a 1986 Fleer autographed set, which served as a therapeutic outlet during his battle with an autoimmune disease, ultimately launching his YouTube and Instagram presence.
Buying Cards From Kids? You Should Know This
The video explains the legal risks of buying sports cards from minors, specifically the 'infancy doctrine' which allows anyone under 18 to void contracts without parental consent. Dealers can face significant financial losses if minors rescind deals, and parental signatures are necessary to protect high-value transactions in the hobby.
A Whale Sounds Off On The Sports Card Industry
Marshall Fogle, a prominent sports card collector who owns one of the world's most valuable Mickey Mantle cards, discusses how increased card production and industry expansion is democratizing the hobby by making cards more affordable and attracting younger collectors who will become high-value buyers as adults.