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That theory doesn't make too much sense; if they were both in on the scam and aware of the printer metadata, surely they would have asked for a different versio

That theory doesn't make too much sense; if they were both in on the scam and aware of the printer metadata, surely they would have asked for a different version before signing their name to it. IMO it's more likely that "grading" is just a joke.

theWreckluse 2y ago
It's easily possible that this was overlooked because when being in on the scam one will be less diligent about such things.
michaelt 2y ago
Yeah, we had a global financial meltdown in 2008 because it turned out the people who graded securities didn't look too closely at what they were grading; turns out customers wanting their bonds rated wouldn't choose rating agencies that applied an inconvenient level of scrutiny. It'd be naive to expect the pokemon card industry to be better regulated.
- lotsofpulp 2y ago
  Technically, it was the lenders that weren’t verifying borrowers’ income and work histories. Theoretically, there is much less chance of “liar loans” due to digital real time records via services like The Work Number and ADP.
  - Xelynega 2y ago
    I don't think you're talking about the same thing. Part of the 2008 financial crisis was that lenders were giving loans out to anybody, and then even though information was available showing the low likelihood of paying back those mortgages the rating agencies rated the bundles of mortgages as high quality low risk. So the problem starts with loans going to anyone, but the crisis was caused by ratings agencies wanting to keep clients rather than do their jobs.
  - Retric 2y ago
    Inability to verify borrowers income had zero relevance to “liar loans.” Banks had plenty of options, they purposefully decided not to use them.
HanayamaTriplet 2y ago
This is a good point! My assumption was that they actually do have a high baseline of fake rejection and gave these a fair analysis, given that they would want to maintain credibility and have multiple write-ups on their web site about how they closely analyze submitted cards to detect counterfeits. I wonder if there are any independent tests out there on how well they actually detect and reject fakes sent in for grading by normal people.
TZubiri 2y ago
Kinda like twitter's blue marks Or llc's by departments of state

theWreckluse 2y ago

It's easily possible that this was overlooked because when being in on the scam one will be less diligent about such things.

michaelt 2y ago

Yeah, we had a global financial meltdown in 2008 because it turned out the people who graded securities didn't look too closely at what they were grading; turns out customers wanting their bonds rated wouldn't choose rating agencies that applied an inconvenient level of scrutiny. It'd be naive to expect the pokemon card industry to be better regulated.

lotsofpulp 2y ago
Technically, it was the lenders that weren’t verifying borrowers’ income and work histories. Theoretically, there is much less chance of “liar loans” due to digital real time records via services like The Work Number and ADP.
- Xelynega 2y ago
  I don't think you're talking about the same thing. Part of the 2008 financial crisis was that lenders were giving loans out to anybody, and then even though information was available showing the low likelihood of paying back those mortgages the rating agencies rated the bundles of mortgages as high quality low risk. So the problem starts with loans going to anyone, but the crisis was caused by ratings agencies wanting to keep clients rather than do their jobs.
- Retric 2y ago
  Inability to verify borrowers income had zero relevance to “liar loans.” Banks had plenty of options, they purposefully decided not to use them.

HanayamaTriplet 2y ago

This is a good point! My assumption was that they actually do have a high baseline of fake rejection and gave these a fair analysis, given that they would want to maintain credibility and have multiple write-ups on their web site about how they closely analyze submitted cards to detect counterfeits. I wonder if there are any independent tests out there on how well they actually detect and reject fakes sent in for grading by normal people.

TZubiri 2y ago

Kinda like twitter's blue marks Or llc's by departments of state