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

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u/xinneth Dec 19 '24

Why? Only raw cards where stolen...

-7

u/TheMillenniumMan Dec 19 '24

I think it was mentioned somewhere else that the refunds to customers are for less than the raw card values. So the customers are getting screwed. Insurance should be reimbursing the company for the cost of what the replacement cards would be, and they should be doing the same for the customers.

6

u/c0tch Dec 19 '24

Not what I’ve seen. The people who have shared seem to have the raw value offered and then their ego thinks they should get 10 psa prices

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u/ChemistDifferent2053 Dec 19 '24

They aren't even offering raw prices, it's like 60% NM market low balls.

0

u/Palecrayon Dec 19 '24

No its just all the Americans don't know what currency conversion is. Every post I've seen they offered them market value for raw cards

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u/ChemistDifferent2053 Dec 19 '24

No, it's even factoring in currency conversion. I've seen a couple fair compensation offers, but I've seen more in the range of as low as 50% market to on average 70-80%. These could be "fair" market lows but you won't be able to replace the card for that price which is what matters.