Police in Santa Ana, California estimate that more than $963,000 in collectible trading cards was stolen from a FedEx truck outside of PSA’s Santa Ana headquarters.
The theft went viral in mid-October after several card collectors reported that they had received emails from PSA (Professional Sports Authenticator) stating that a FedEx truck carrying their collections had been burglarized.
One of the most prominent voices in this conversation was a collector by the screen name SKY-B, who claimed that more than $100,000 worth of cards that he’d hand-delivered to PSA at a card show for grading were now lost in the ether.
"We will compensate you for the items from your order that were involved, which is based on fair market value up to the Maximum Insured Value ("MIV") you selected for each item."
@natsturner, I pray you handle this and take care of everyone affected in the most professional manner possible. I have an awful feeling PSA is going to be extremely unfair on what the values of these cards are.
PSA responded to the situation in a statement to IGN, outlining their plans to refund the affected customers and cooperate with both FedEx and law enforcement to investigate the burglary.
A day later, Santa Ana police have released a statement about the theft, as well as the eyewatering dollar amount that was stolen — and it’s far more than was originally calculated.
The theft occurred on October 13 outside of PSA’s headquarters in Santa Ana, California when a FedEx driver reportedly left their truck parked nearby for around 60 to 90 minutes.
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