The $1M Card Heist: Full Breakdown & Transcript

[00:01] nearly $1 million trading card heist that happened about a week ago, but I wanted to wait until the dust settled and they caught the perpetrators before yapping about it. But it's starting to smell like Team Rockets getting away

[00:15] with it. So, I'm just going to blabber now because it is pretty crazy. What now because it is pretty crazy. What happened is a FedEx truck was parked and happened is a FedEx truck was parked and while the driver was away, some nerd

[00:29] while the driver was away, some nerd duels broke in and stole over 6,400 PSA graded cards. A lot of them being Pokemon cards because that shit's more valuable than gold right now. People are killing each other over it. People are

[00:43] selling their bodies for Pokemon cards there. I wouldn't be surprised if there are families sacrificing their firstborns for uh increased chances of hitting in prismatic evolutions. It is like the hottest commodity out there

[00:57] wazoo. And I'm not even exaggerating about the murder by the way. There has been at least one killing over Pokemon cards already that I talked about a little while ago. But it's unsurprising to see it get to this point where it is

[01:09] so extreme that now people are just breaking into [ __ ] FedEx trucks to cards. Now, there were a lot of sports cards that were wrapped up in this as well, and according to PSA, they even put out a list of the affected items.

[01:23] According to their estimates, it's just shy of a million dollars worth of cards that were taken. And as of right now, no one's been arrested in connection to it, which to me is somewhat surprising because this doesn't seem like it was

[01:36] the most sophisticated scheme ever. This doesn't feel like some kind of galaxy brain sixthdimensional chess maneuver that only the most talented criminal mastermind could have concocted here and only Batman would have a chance at

[01:50] cracking the case. Like it seems pretty simple. They raided a parked FedEx reports actually made it sound like it could have been an inside job. And I guess it could still stink like one because it's extraordinarily convenient

[02:03] that there's really no leads right now. At least none that are publicly close to the chest to avoid scaring them away or something into the shadows. But like they just chose this FedEx truck that happened to have this crazy amount

[02:18] of valuable cards in it. They just got that lucky, hit the jackpot. I don't know. It definitely could still be like a collaborative inside job. But details are scarce and right now there's only little breadcrumbs to follow. Just

[02:33] [ __ ] tidly winks to to go on here. But yeah, to me it wasn't like the wildest, you know, burglary. It was very simple. Break the lock, get the loot, and get out of there quickly. Now, I did see a video from someone who lost

[02:49] roughly $100,000 worth of their cards in this heist. And they talk about something that I often talk about with PSA in particular. A lot of people have been looking at this and questioning that million-doll figure, thinking that

[03:03] it could actually be much higher because PSA does what they like to call fair market value. I've talked about this quite a bit. It is their scumiest most recently talked about it with the lenticular Deoxys with how they damaged

[03:21] that card and then offered [ __ ] h less than half of what that card was [ __ ] with it. even though PSA themselves had already sold that exact same card for much higher. I I don't want to just regurgitate that. I'm not

[03:35] trying to reheat that same meal. But the point is PSA uses fair market value as a penis to [ __ ] you in the face with. I cannot stand this company. I could go on and on about the multitude of reasons why PSA I think is a shady business that

[03:51] why PSA I think is a shady business that I would run far away from. It is just I think untrustworthy. They've had so many scandals and controversies with so much scandals and controversies with so much like like slimy, sleazy, weasly behavior

[04:05] and business practices. I think they're [ __ ] scoundrels. I think they are hooligans. I think they're odorous. If PSA was a person, it'd be James Cordon. It's just [ __ ] gross. So yeah, I don't like PSA. people that were

[04:20] assuming that I shipped these cards out. People were calling me stupid and it was too risky, saying you should never ship these cards to PSA. I dropped these off, handd delivered these cards to PSA, as did many people that were affected in

[04:33] this um burglary. I dropped these 104 cards off at the PSA booth in July, at the end of July. Flash forward to last week, my submission was finally done exciting because with PSA grading, you never know what the [ __ ] you're going to

[04:48] the mood of the person at the helm there. Whatever they're feeling on that cereal, so they knocked your [ __ ] down two points. Maybe they went on a really great date last night and went to second base, so they cranked your [ __ ] to a

[05:02] likes to sell their own cards as well. And well, too many tins starts to devalue the cards that PSA can sell. So that's you don't really want to do that. Obviously, of course, the conflict of interest. What's that? It's PSA.

[05:17] That doesn't exist. No such thing. I'm already getting lost in the weeds. He's explaining how the cards that got stolen here were not cards that he shipped to them like through FedEx. He literally dropped them off, which is like the

[05:29] do get lost when you're shipping them to these grading companies, not just PSA. Like, that does happen. So him and apparently others that were affected here did go in person to physically deliver those cards and still their [ __ ]

[05:43] got [ __ ] because even though they may have got there in one piece safely when attempting to ship them back to the customers like him, that is when the theft took place. >> I paid over $8,000 in grading fees with

[05:58] >> I paid over $8,000 in grading fees with the cards being insured up to $156,000. >> I'm already just getting lost in the sauce. Despicable. I hate this practice. And this one's not exclusive to PSA, but PSA, I think, is the most egregious case

[06:12] where if a card that you ship them to be graded is a more valuable card, they charge you more for the honor of them grading it. It's the same amount of work with a very valuable, very rare card as you are with just a normal card

[06:26] charge you more because they want a big piece of that pie because they know sell it. So, they're going to hose you down and squeeze as much piss from your balls as possible here for their uh benevolent

[06:40] guidance here, their service of grading your cards all willy-nilly. It's so It's so cool. I What a great What a great idea. What a great feature here that has become again normalized in grading. I think it's [ __ ] stupid. A lot of

[06:55] people cope and defend it. I think that there is no real justification to charge you like [ __ ] 10x just because the card you ship them is a more valuable normal people that just happen to have like a personal collection like from

[07:08] kid and maybe they don't have the money to afford that huge upcharge on the uh valuable card to be graded. So then they're just cooked. It's I hate it.

[07:20] It's super dumb. But again, I've complained about that a lot. Kind of irrelevant to this heist. Like, yes, I don't like PSA. I think that much is clear. But I do feel bad for everyone that did lose their very valuable cards

[07:32] in this heist. Especially because since it's PSA, you're going to get into some real rocky territory, some really turbulent times, I think, with their fair market value about to being about to be a big thorn

[07:45] in the side of a lot of people that were affected by this. That's just a hunch here as a possibility, but I guess we'll see how it shakes out if PSA actually steps up and does the right thing. So, every card that I submitted had a

[07:58] maximum insured value up to $1,500 per card. Typically, when a card gets graded with them and the value of the card after it's graded exceeds the what is known as one of the most controversial topics in the hobby, the

[08:13] PSA of charge. The problem with my submission is that there were several cards that exceeded the $1,500 value and I wasn't upcharged one time, which makes the upcharge scam claims gain a little bit of validity in the hobby. Because

[08:28] you will see once we go through these cards, PSA actually attaches estimated values to the cards, and there are several that exceed the $1,500 by their own estimate. So, even they acknowledge the value is above $1,500,

[08:43] they choose not to upcharge me. Now, I'm going to assume that they're going to try to destroy me with lowball values of all my cards. So, their payout is obviously as low as possible. Obviously, I hope that doesn't happen. I'm hoping

[08:56] for the best outcome and that PSA takes care of everyone affected by this. He kind of lays it out pretty well there. It's impossible to know what they are going to value those cards at because with PSA and their fair market value in

[09:10] particular, it's just very arbitrary. They're just pulling random numbers out of their ass. And even when they're not just making things up, just pulling it from the ether. They are very dishonest with their valuations. Like again, I

[09:23] but it's the great I think it's the best example of it. It's a great example for it with the lenticular deoxys where what they were offering back to the they were offering back to the individual that they [ __ ] The value

[09:36] they were offering was laughable. Like it was insulting to that individual, especially considering PSA themselves sold that exact card for significantly more. So why why aren't they using that data? Their defense was, well, that was

[09:51] enough data to pull from on that. So no, this this makes most sense. and it was an extremely low ball offer. So, that's a fear shared by a lot of individuals here that had their cards stolen in this heist. And there's no way to know right

[10:03] it. At least not as of me making this video right now. So, I guess we'll see. video right now. So, I guess we'll see. I'm pessimistic that PSA is going to do anything noteworthy here to actually help the people affected. I anticipate

[10:19] it will be a lot of low balls because PSA is not going to want to do a huge PSA is not going to want to do a huge payout. It's just a hunch of mine based payout. It's just a hunch of mine based on PSA history, we'll say. So, yeah,

[10:32] this was a pretty crazy heist. The actual value of these cards, I think, is actual value of these cards, I think, is far more than a million dollars. PSA disagrees. They're putting it just under. But if you start looking at more

[10:45] things from the community and you see from the list a lot of these cards that have been stolen, the value is huge. Like these are really expensive cards in a lot of these cases. So I think it's probably more than a million dollars. I

[10:59] also do still think that there is a good chance this was an inside job. Not I don't think it's like a PSA sanctioned event here. Like they stole the slabs in event here. Like they stole the slabs in order to sell all of it themselves. That

[11:13] that's to me just a bit of a tinfoil hat conspiracy theory. Like I understand dealings with a lot of their slabs, especially some of the junk slabs, and they have a very weird uh relationship with GameStop and their

[11:28] power packs from what I've seen. But this doesn't feel like something they would do. This feels like it's a little bit of a reach to think that this would bit of a reach to think that this would be them doing it like PSA, like the

[11:40] actual company wanting this to happen. To me, this feels like it was potentially like an employee here who had inside knowledge on this and worked with like a group or some friends in order to make this happen in order for

[11:55] the uh heist to take place to steal all of this. I think that's somewhat possible. But there is also a good chance that where this FedEx truck was parked, they just assumed, hey, there might be a lot of value in there. Let's

[12:09] just go for it. Let's roll the dice. And they got really lucky with the contents of the truck. That's also possible. I guess we'll see. Hopefully they do catch who's responsible. I know right now the FBI is actually investigating it. So, it

[12:23] is getting a lot of muscle put behind it to try and catch the the thieves here. So, we'll see. But yeah, I just wanted to talk about it a little bit. That's to talk about it a little bit. That's it.