Popular card grading company PSA has been hit with a class-action lawsuit over alleged inconsistencies with the company's grading, dating back to the first card ever graded. The United States-based company has grown into one of the pillars of the industry for grading Pokemon TCG cards, sports cards, and more.
For many collectors of trading cards, grading can be an important way to preserve both the condition and value of their cards. Professional grading companies like PSA and CGC have become household names within the trading card community, with PSA growing into the industry standard for card authentication. Graded cards can often even fetch higher prices on the secondary market than their ungraded versions, including Pokemon's base set Charizard card selling for hundreds of thousands of dollars with a PSA 10 grade. Now, PSA has found itself in hot water, facing a lawsuit over its grading process.
The Pokemon Company is taking new actions to curb scalping within the Pokemon Trading Card Game, rolling out enhanced security measures
A class-action lawsuit was officially filed on July 28 against PSA in the District Court of Maryland. The lawsuit alleges that PSA commited false advertising with its card grading, suggesting...
