From IGN · Virginia Glaze · · 1m 10s
PSA Graded Cards Stolen from FedEx Truck
PSA compensates collectors after $100k worth of graded trading cards stolen from FedEx truck.
In brief
PSA compensates collectors after $100k worth of graded trading cards stolen from FedEx truck. PSA will compensate affected collectors for stolen PSA-graded trading cards based on fair market value up to their selected insurance amount. Originally reported by IGN.
PSA Responds to Card Theft
PSA confirmed over $100,000 worth of graded trading cards were stolen from a FedEx truck in southern california.
“we take this incident seriously”
Collector Reports Theft
Collector SKY-B reported his 104-card collection stolen after leaving a southern california fedex location on october 17.
PSA Compensation Plan
PSA will compensate affected customers based on fair market value up to their selected maximum insured value.
Financial Impact on Collector
SKY-B spent $8,000 to grade cards with a maximum insurance value of $156,000 each, fearing low-ball compensation.
Other Collectors Affected
Boston card hunter reported $500k in declared value stolen by thieves targeting fedex trucks.
Specific Stolen Cards
Theft included a 1995 upper deck 23k gold michael jordan 50,000 print run card and a 2024 one piece simplified chinese 1st anniversary set nami.
PSA Statement
PSA stated it deactivated certificates for stolen items and notified marketplace partners to investigate the theft.
“we are aware of a theft involving a third-party shipping vehicle carrying psa-graded items”
At a glance
PSA will compensate affected collectors for stolen PSA-graded trading cards based on fair market value up to their selected insurance amount.
