Fake Michael Jordan Red PMG Update 🚨 Sports Card SCAM?

Ойын-сауық

Fake Michael Jordan Red PMG Update 🚨 Sports Card SCAM?
#tradingcards #SportsCards #cardcollecting
We have an update from the buyer, eBay and BGS regarding this "Fake" Michael Jordan Red Precious Medal Gems card graded by Beckett
Chapters:
00:00 - Intro
00:26 - "Fake" PMG Recap;
02:01 - Update 1: eBay;
02:45 - Why eBay and Graders need to collaborate;
04:36 - Update 2: BGS respond & Likely outcomes;
07:05 - What does this mean for hobby integrity;
🙌 Attributions:
Refer to those tagged above.
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⚠ Disclaimer:
This video is for entertainment purposes only. You should not construe any such information or other material as fact, legal, tax, investment, financial, or other advice. Opinions expressed are solely my own and do not express the views or opinions of my employer.

Пікірлер: 102

  • @35auburn
    @35auburnАй бұрын

    Not surprised it passed authentication, as "authentication" is one of the loopholes with the program. I re-tweeted a response from dcsports87 this morning that mentions they received this item on consignment and ended up sending it back, due to concerns with the card.

  • @DanTheCardMan2

    @DanTheCardMan2

    Ай бұрын

    Thanks mate, will feed this to the owner. This makes it very cut and dry imo that the seller is doing a fast one

  • @slipperybogle1910
    @slipperybogle1910Ай бұрын

    Someone in the Pokemon hobby bought a BGS 9.5 gold star for $1500. They sent it in to get re-slabbed (not re-graded) since the case had a bunch of scratching on it. BGS emailed them and said the card shouldn't have been graded a 9.5 originally and if they still wanted it re-slabbed they would have to reduce the grade down to a 9. I would never buy anything expensive from BGS.

  • @armandomonreal7460

    @armandomonreal7460

    Ай бұрын

    Who was this ? Which gold star ?

  • @melvinjradornogalay
    @melvinjradornogalayАй бұрын

    This is totally insane scam is getting out of hands

  • @DanTheCardMan2

    @DanTheCardMan2

    Ай бұрын

    Card could surprise us all and be genuine, won’t be holding my breath though

  • @custum18
    @custum18Ай бұрын

    Grading is a double edged sword. It protects a card and makes it easier to sell but it is also the sole driver and impetus for all fraud in this hobby because of the instant "value" it adds.

  • @chrisc4264
    @chrisc4264Ай бұрын

    Once again just reinforces the take that grading has in large part ruined the hobby. Fakes though have been going on for decades, long before the internet scams. This hobby is full of landmines. I'm glad I dont have the budget for the high end stuff. Thanks for sharing Dan.

  • @DanTheCardMan2

    @DanTheCardMan2

    Ай бұрын

    People just need to remember grading for what it is. An opinion. That’s it.

  • @chrisc4264

    @chrisc4264

    Ай бұрын

    @@DanTheCardMan2 True but it's also just a money grab. Cards existed long before grading

  • @johnwayne9828

    @johnwayne9828

    Ай бұрын

    ​@@chrisc4264grading has been around for decades. The problem isnt grading, the problem is the amount of shady people that invaded the hobby during covid.

  • @lindsaywhited2740
    @lindsaywhited2740Ай бұрын

    I have actually successfully questioned the card in integrated slab with eBay in order to get refunded in full. PSA mislabeled a card that I paid top dollar for because the label was wrong and the card was not what the label said. eBay authenticity made it right and refunded my money. I would suggest that the buyer contacts eBay authenticity to discuss the matter and they should be able to resolve this for them.

  • @fb5b
    @fb5bАй бұрын

    Hobby and Integrity is like Honest and Politician, or Oil and Water.

  • @TimDavis-td2go
    @TimDavis-td2goАй бұрын

    If BGS does not offer a guarantee, why would a collector spending serious money even take a chance?

  • @DanTheCardMan2

    @DanTheCardMan2

    Ай бұрын

    My thoughts exactly!

  • @tmess1979

    @tmess1979

    Ай бұрын

    Couldn’t agree more. In the past ten years, I’ve had more bad experiences with cards in BGS holders than any other grading company, including trimmed cards, hairs in the holders, issues with the grading flip moving around, and overgraded cards that won’t cross to a similar grade at PSA. At this point, I’m not sure I trust cards in BGS holders anymore and have sold off most of the ones I had that I didn’t grade myself with them. They need to up their game a lot to stay at all relevant moving forward imho

  • @TimDavis-td2go

    @TimDavis-td2go

    Ай бұрын

    They have lost a considerable amount of the market share. Even though Dr. James Beckett no longer owns or controls the company, I wonder how he thinks about the way it's being run,

  • @zacrazyone
    @zacrazyoneАй бұрын

    With eBay Authentication simply passing this card on the fact of BGS Label details matching the Auction Listing is a green light for scammers to insert fake cards into slabs and get away with it.... eBay needs to fix this ASAP..... They check raw cards and NEED to be checking graded cards as well .... Simples.....

  • @DanTheCardMan2

    @DanTheCardMan2

    Ай бұрын

    I agree, I’ve always been indifferent on them relying on the grader. Some days I’m supportive because graders need to be relied upon but these days the errors speak for themselves. eBay should go one step further and inspect the cards for authenticity only (I.e. make sure it matches label and is what it is without regrading)

  • @jbhatts610

    @jbhatts610

    Ай бұрын

    In theory what you’re saying may be simple but it’s far from it. eBay authentication is free, so if a graded card needs to be regraded (for lack of a better term), who’s paying for that? The seller has already paid for grading, or paid a premium to own the card graded. And, pays the eBay fees. You think the buyer is going to pay?? Btw, the green light, unfortunately, has been there since cards exploded during the pandemic. Unfortunately, scammers have been doing this on multiple platforms. eBay authentication is fairly new. To associate eBay authenticity to this particular scamming is far-fetched to say the least.

  • @DanTheCardMan2

    @DanTheCardMan2

    Ай бұрын

    @@jbhatts610 iirc sellers currently foot the bill for the authenticity guarantee. I mean they are already incurring a cost and time to look at the card, I’m sure they could do a more in-depth check to make sure errors like this one aren’t missed

  • @jbhatts610

    @jbhatts610

    Ай бұрын

    @@DanTheCardMan2no - currently there’s no charge, unless you’re saying seller fees go towards that. But, that’s not really true considering sellers pay eBay fees whether cards go through eBay authentication or not. I do agree that it would be nice for an extra layer of protection, but that would probably come at a cost.

  • @DanTheCardMan2

    @DanTheCardMan2

    Ай бұрын

    @@jbhatts610 I must’ve remembered it incorrectly. I thought the no charge was only in effect for the first few months

  • @markhoshii7438
    @markhoshii7438Ай бұрын

    This isn't new. It's been happening since the first card PSA graded. We are already in the long term. It's not like grading is new.

  • @DanTheCardMan2

    @DanTheCardMan2

    Ай бұрын

    No doubt but it’s amplified given the dollar figures these days

  • @TheCardDeal

    @TheCardDeal

    Ай бұрын

    One bright spot, PSA has in the past covered issues like this. The Jordan 86 Fleer RC I wanna guess and say a local news channel covered it in maybe Wisconsin a year ago and it was high teens or 20k range. I could be off on numbers, but he ended up getting his money. All we want is accountable companies who take people's hard earned money. Beckett is just inching themselves out the door.

  • @markhoshii7438

    @markhoshii7438

    Ай бұрын

    @@TheCardDeal They did also buyback the Juan Soto auto super.

  • @TheCardDeal

    @TheCardDeal

    Ай бұрын

    @@markhoshii7438 I did not know that.

  • @markhoshii7438

    @markhoshii7438

    Ай бұрын

    @TheCardDeal It was originally graded a bgs 9/9. The underline from the J went off the card. Someone cracked it and eraser the part that went off the card. It was submitted to psa and got a 10. PSA bought it back for 20k when the hobby community showed it was altered.

  • @skullcrackers187
    @skullcrackers187Ай бұрын

    Wouldn't the buyer just be able to charge back dispute charges with credit card

  • @BringingTheHeat-VBC

    @BringingTheHeat-VBC

    Ай бұрын

    you would think it would be that easy. You will have to write an essay with 10 pieces of documentation and if you used pay pal, you would have to go through them

  • @DanTheCardMan2

    @DanTheCardMan2

    Ай бұрын

    Banks can be very finnicky.

  • @JohnnyLightningV10
    @JohnnyLightningV10Ай бұрын

    The moment grading companies charged different price catagories for cards aka card values over 10k cost more to grade than a 200 dollar. That is the moment unless grading companies take ownership means their grading company is fraud.

  • @Carlos-mf2wn
    @Carlos-mf2wnАй бұрын

    Really can't wait to see what happens. Beckett should be held liable. I hate seeing the word alter and not knowing what do you mean by alter.

  • @jbhatts610
    @jbhatts610Ай бұрын

    So did dcsports take the card back even though it passed eBay authentication? (I didn’t see the “banner” on the listing so I originally didn’t think it went through eBay auth)

  • @DanTheCardMan2

    @DanTheCardMan2

    Ай бұрын

    It was originally listed with DCsports, they cancelled it because they didn’t feel comfortable with the card. The seller then listed it under their own account where it sold.

  • @jbhatts610

    @jbhatts610

    Ай бұрын

    @@DanTheCardMan2ohhhhh - thank you for clarifying, I was confused how dcsports was involved. Well yeah, this is very bad. This definitely sucks for the buyer. We also have more info as well! Beckett is definitely going to be further hurt by this, justifiably so! Especially since they seemingly don’t stand behind their grading!!!! I would never buy a 5 figure card in a Beckett slab after seeing this

  • @svenpatrick1637
    @svenpatrick1637Ай бұрын

    Thank god I don’t own any Beckett slabs !

  • @RandomEsports1

    @RandomEsports1

    Ай бұрын

    jokes on u. sgc and psa are funnier

  • @Purplegt22
    @Purplegt22Ай бұрын

    This is sad!!! I watched the buyers video and he made an honest mistake and got screwed on a shit ton of money. The ebay authentication is a big joke in my opinion. Doesn't ebay always side with the buyer? Great videos Dan!!! You are the man my friend. Its cool that you are trying to help the seller out with these videos. Yeah this is terrible that the card got slabbed authentic as s pmg in the first place. Keep up the great work. Feel better soon!

  • @DanTheCardMan2

    @DanTheCardMan2

    Ай бұрын

    Thanks for the well wishes mate

  • @johnwayne9828

    @johnwayne9828

    Ай бұрын

    How about "novice" collectors, as the guy described himself as, not blindly throwing 5 figures at a card.

  • @Purplegt22

    @Purplegt22

    Ай бұрын

    @@johnwayne9828 Good point.

  • @Ryansvideoss
    @RyansvideossАй бұрын

    Has the buyer called the bank or credit card company and explained the situation to them? Curious if they could step in in anyway

  • @DanTheCardMan2

    @DanTheCardMan2

    Ай бұрын

    Not yet per my understanding.

  • @Ryansvideoss

    @Ryansvideoss

    Ай бұрын

    @@DanTheCardMan2personally if I was him I’d call them just to keep them in the loop every step of the way - even if he doesn’t end up asking them to step in

  • @dklauf
    @dklaufАй бұрын

    The card looked terrible, it had no serial numbered stamping, lacked the pmg markings on the front and back. Why would one bid on this piece of junk? Simply bidding because it is an oddity and a buyer puts his faith in Beckett is plain naive. Probably thought they were getting some crazy good deal. Ebay should reverse that shitty sale.

  • @DanTheCardMan2

    @DanTheCardMan2

    Ай бұрын

    I agree

  • @mr.waxowl9476

    @mr.waxowl9476

    Ай бұрын

    @@DanTheCardMan2According to a recent video that the buyer aired, the seller’s funds are on hold. Or at least that’s what the seller is claiming.

  • @Rebel_Scum1
    @Rebel_Scum1Ай бұрын

    tried to make a post about this guys ebay profile but youtube keeps taking it down

  • @Rebel_Scum1

    @Rebel_Scum1

    Ай бұрын

    I emailed it to you dan

  • @DanTheCardMan2

    @DanTheCardMan2

    Ай бұрын

    Just replied mate

  • @butcheoreo8034
    @butcheoreo8034Ай бұрын

    Loop holed the grading terms...Technically it is a authentic card and it is altered. (There have been some versions of the base cards that when you turn them over the back has the Pmg designation that didn't get blacked out(hence no serial # but Pmg designation)...in this case the person then put red ink all over the front of what was a base style front. Just don't know why anyone would buy it, it looks pretty bad.

  • @BCNeil
    @BCNeilАй бұрын

    Beckett at most might refund the grading fee. Not what it sold for. What if he paid $100,000 for it? $200,000?

  • @jrodjdcollectibles5930
    @jrodjdcollectibles5930Ай бұрын

    Can’t a buyer on eBay just trigger a refund “just don’t like the item” or something of the sort and the buyer can send back for a refund? eBay seems very lenient to buyers and caters to them to sustain their business.

  • @BringingTheHeat-VBC

    @BringingTheHeat-VBC

    Ай бұрын

    not if they put NO RETURNS in their listings, which all idiots do (don't buy from them and stand for something) and it goes through ebay authentication.

  • @DanTheCardMan2

    @DanTheCardMan2

    Ай бұрын

    Here in Australia you are eligible for a refund no matter what, even if the seller says no refunds in their description. I don't think it works like that in the US

  • @hustlecrowe9440

    @hustlecrowe9440

    Ай бұрын

    Not if it goes through authentication (same with shoes, watches, etc). The only way to get your money back is if the item fails authentication, the refund is automatic from ebay.

  • @hustlecrowe9440

    @hustlecrowe9440

    Ай бұрын

    @@BringingTheHeat-VBC Sellers have "no returns" due to buyers abusing returns (like wearing an item then returning it), but mostly getting scammed with buyers opening a return and sending back an empty box and stealing the item.

  • @hustlecrowe9440
    @hustlecrowe9440Ай бұрын

    2:52 How do you know the seller is the "scammer" - I haven't heard that they are the one who originally altered the card and sent it to Beckett?

  • @BCNeil

    @BCNeil

    Ай бұрын

    The serial number on the card, indicates it was graded 12 years ago. Unlikely the original owner.

  • @DanTheCardMan2

    @DanTheCardMan2

    Ай бұрын

    It was graded in March this year. A few months ago not 12 years ago.

  • @DanTheCardMan2

    @DanTheCardMan2

    Ай бұрын

    I covered in an earlier video that he confirmed to the buyer and eBay that he was the submitter to BGS in March this year

  • @mingshuncheng8310
    @mingshuncheng8310Ай бұрын

    I mean, I just got scammed also. I bought a 1997 Penny PMG at $12k at Ebay buy it now (which is a bargain consider it is a 20K+ card because it is the highest grading from BGS). Turns out, the card is still bidding in Japan and the seller just feel $12k is good enough. (And there is very little possibility it will go under $12k) The worst thing about this, I have to ask people around to see if the card is real and I have keep my hope high in getting the card. Turns out, the best I can do is a sorry from the seller and a refund. Man, I mean this is very common but the disappointment is real.

  • @DanTheCardMan2

    @DanTheCardMan2

    Ай бұрын

    My goodness, sorry to hear that. What I’ve noticed is that this is very common in Japan! I don’t know why. Let’s chat on instagram, I’m happy to csll this seller out!

  • @BringingTheHeat-VBC

    @BringingTheHeat-VBC

    Ай бұрын

    hate to break it to you but it's a 20 dollhair card.. IMHO. let the buyer In CHY NA buy it. They are doing you a huge favor, IMHO

  • @mingshuncheng8310

    @mingshuncheng8310

    Ай бұрын

    @@BringingTheHeat-VBC I will buy all the copies you find on this card at 2k. I verify with someone renowned in the industry and it is legit. And the auction is from Japan, excpet you feel Japan is a part of China. 🤣🤣🤣

  • @rq7027
    @rq7027Ай бұрын

    What do u except we send our cards to grading someone looks at them and says a grade and grading companies pay these “GRADERS” $15/20 an hr at best We the hobby put this grading slabs above all for the most part

  • @DanTheCardMan2

    @DanTheCardMan2

    Ай бұрын

    People place too much reliance on what these companies do. Consider it a sunk cost and move on. Grades are just an opinion,

  • @PhimTV-rb7jl
    @PhimTV-rb7jlАй бұрын

    Hey everybody let jump on the bandwagon of graded cards since everyone is doing it. I promise you if I cracked a 9 and 10 slab and have you guess which one is a 10 you wouldnt know. Also if you cracked a 10 and resubmit it, promise you it will not be a 10 again. Some people like other to tell them what to do. I don't trust any of those graders or Ebay Authentication. I dont think they have enough what you called "Expert" to authenticate each card. I don't like to pay for gimmick. I collect cards not grade.

  • @FakePMGSaga
    @FakePMGSagaАй бұрын

    Thanks Dan for all of the attention you have given this story and helping me every step of the way. I really appreciate it, you are the man.

  • @Kiwicards
    @KiwicardsАй бұрын

    This is shocking

  • @DanTheCardMan2

    @DanTheCardMan2

    Ай бұрын

    Absolute mess of a situation

  • @vendora1
    @vendora1Ай бұрын

    ive said this so many times grading is a scam its a SUBJECTIVE THIRD PARTY OPINION thats all it is and ever will be until there is a mechanism in place for a accreditation program or a vetted program ie a degree from a accredited institution grading is a money grab only as it stands right now

  • @DanTheCardMan2

    @DanTheCardMan2

    Ай бұрын

    Tbh, most of the issue sits with the misalignment in expectation between what customers think they’re getting vs what the companies are actually offering. It’s not a scam but it’s certainly something bad actors lean into

  • @vendora1

    @vendora1

    Ай бұрын

    @@DanTheCardMan2 i respectfully disagree on the business model not being a scammy money grab sorry but they mess up alot to be expected with no accreditation/regulations

  • @BinSimmons
    @BinSimmonsАй бұрын

    This is in no way in defense of Beckett, ebay etc... but come on the buyer should be doing better due diligence when looking to spend 10s of thousands of dollars on anything. If you go to buy a car even when it's a brand new one from the dealer you test the car, you'll do your research etc.. should be no different here this buyer to a degree needs to be put on blast just like the seller/ebay/Beckett does

  • @DanTheCardMan2

    @DanTheCardMan2

    Ай бұрын

    Completely agree

  • @jasonfuller2734

    @jasonfuller2734

    Ай бұрын

    I too blame scam victims and not the scammers or the scam protectors. I mean Logan Paul is innocent after all.

  • @BinSimmons

    @BinSimmons

    Ай бұрын

    @@jasonfuller2734 tell me you missed the point without saying you missed the point. If someone's spending $20k on a basketball card & doesn't do any research on the card & the seller then yes they are in part to blame because that's just being extremely naive & stupid.

  • @BringingTheHeat-VBC

    @BringingTheHeat-VBC

    Ай бұрын

    I do not test drive my new cars and never had 1 issue.

  • @BinSimmons

    @BinSimmons

    Ай бұрын

    @@BringingTheHeat-VBC hot wheels doesn't count

  • @johnnylv5452
    @johnnylv5452Ай бұрын

    😎💯👌

  • @davidportnoy3237
    @davidportnoy3237Ай бұрын

    Anyone who doesn't believe this "novice" buyer bought this just for the content it would create is an idiot! Nobody who just starts collecting cards buys a 23,000$ card, especially off ebay. People that have that kind of money to spend aren't stupid and have money for a reason. They always do their diligence especially if they are a novice who wouldn't be able to tell a fake.

  • @DanTheCardMan2

    @DanTheCardMan2

    Ай бұрын

    I covered this in the OG video, it’s why I was confident it was just shill bidding.

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