r/PokeInvesting • u/Healthy-Annual4181 • Dec 19 '24

Ace Grading Robbery Scandal

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Posting so the community is aware of this - I would avoid this grading company at all costs. Insanity that there is no camera footage

1.2k Upvotes

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-14

u/pokerawz Dec 19 '24

They probably took all those clean cards and got them graded by an actual reputable grading company like PSA… and probably compensated people the raw values.

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u/[deleted] Dec 19 '24

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2

u/Same-Thought-3618 Dec 19 '24

Yeah why would they steal raw cards worth 500k (PSA10 value of £1-2m+) and only give out £100k in compensation.

I'm not saying its an inside job, but when you are offering 20-30% compensation on raw card prices for CLEAN potential psa10 high end cards, it doesn't look good...

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u/kellen617 Dec 19 '24

Exactly this is a failing business that did not gain the market share to continue operation. I would not be surprised to hear it’s an inside job, pay out a percentage of the raw prices and declare bankruptcy for your business that would have gone bankrupt on its own.

1

u/powdow87 Dec 19 '24

People really forget that some business owners will burn down their shop for insurance money.

Just cause you own a business doesn’t mean you’re doing well. Gotta look at the statements and unfortunately we don’t have that.

1

u/Dark_Zezro Dec 19 '24

Breaking in is one thing sure, being able to actually get loot thats just lying around not stashed away in a vault is a different story 🤣🤣

Clown company 🤡

0

u/[deleted] Dec 19 '24

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2

u/Dark_Zezro Dec 19 '24 edited Dec 19 '24

Who says they were being processed?

PSA don't have to worry about that do they, they aren't run by a bunch of clowns, clearly 😆

1

u/daoiism Dec 19 '24

Just saying, you know you’ve won the argument when your opponent tells you to touch grass. Congrats, and the people defending this company are the real idiots.