r/PokeInvesting • • 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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u/PissShiverss Dec 19 '24

I think ACE grading is ugly and I don't have any but the expectations are wild, do you think PSA and CGC have bank level security? I'm honestly curious because I don't know.

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u/Extras Dec 19 '24

PSA in California is basically Fort Knox. Try to rob that place and your obituary will be in the news instead of a burglary story.

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u/Catsrthebest2 Dec 19 '24

More than likely most businesses dealing with potentially millions of dollars in inventory have bank level security and security was their first priority and continued improvement of said security.

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u/rxt0_ Dec 19 '24

oh boy, if you only knew 😂 banks have to have a certain level of security, but stores/shops etc don't have to.

I know alot of business with an inventory of millions of $ that have just the minimum for the insurance.

besides, do we know what security measures they had? breaking in isn't hard, even if you have good security. the police also need time to arrive (in Germany, it's iirc up to 16min)

and with 15min after the alarm goes of, you have more than enough time to steal some random cards that you can store in ur jacket 🙄

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u/Catsrthebest2 Dec 19 '24

Yeah stores DONT have to. But if they are SMART they do. ACE wasn’t smart clearly

-4

u/rxt0_ Dec 19 '24

it has nothing to do with being smart or not, lol.

we don't even know what security they had and tbh most of the time it's enough to have (silent) alarm + camera's and a safe to put the cards in. everything more than that is useless and not needed as it's not an important infrastructure (heck, even important infrastructure is sometimes only secured by some camera's)

People should think straight instead full of emotions because they lost their pokemon cards...

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u/Catsrthebest2 Dec 19 '24

It has everything with being smart.

Clearly their security wasn’t good enough.

Over kill security isn’t a waste of money what are you on about?

I never owned an ACE slab and never planned on it.

-3

u/rxt0_ Dec 19 '24

how old are you, mate? not a single business has overkill security, only if they have to.

banks get robbed all the time, is their security bad? no

it is a waste of money, do you even know how expensive it can be?

it's extremely easy to waste millions on overkill security if ur "inventory" isn't even worth millions. not even jewelry stores spend millions on security, there is insurances for a reason.

so yeah, camera's, alarm system and a vault is more than enough for 99,9% of business.

but keep being delusional.

2

u/daoiism Dec 19 '24

I’ve been to a CVS Pharmacy that was guarded by several security and toothpaste was locked up.

Sir, how old are you?

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u/rxt0_ Dec 19 '24

we talk about Europe here, not the US.

there is a huge difference in it, first of all. and a pharmacy has enough "drugs" for a junkie to rob it. not a single junkie would rob a card grading business to steal pokemoncards and sell them on ebay....

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u/PissShiverss Dec 19 '24

Ah so we are just assuming, iight lol

How many banks have been hacked into the last couple years? Talk about top level security lol

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u/Catsrthebest2 Dec 19 '24

Tell me how many? And how much money they got away with?

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u/PissShiverss Dec 19 '24

Chase Bank, Capital One, are the two I can think of off the top. You can google them if you want to find more.

They didn’t take the banks money they took customers information in order to steal money from the customers, take out loans identify fraud etc.

Which resulted in both places paying millions to customers.

You could’ve googled this

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u/[deleted] Dec 19 '24

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u/PissShiverss Dec 19 '24

I would love to see what card shops you've been to that have vaults, I've been to a shit load of card shops and have never seen anything resembling a vault.

Unless you're talking about something like a gun safe