Hundreds of PSA-graded trading cards worth more than $100,000 were reportedly stolen from a FedEx truck over the weekend, leaving collectors distraught — and the damage is still being calculated.
On October 17, a collector named SKY-B posted on Twitter/X claiming that PSA had notified him via email that a FedEx truck carrying his 104-card collection had been burglarized after leaving its Southern California location. According to SKY-B, more than $100,000 worth of cards had been taken.
In its email, which SKY-B shared in a reply, PSA outlined steps it had taken to rectify the situation as best as possible, saying it had deactivated certificates for the affected items, notified its commerce partners of the stolen cards, and is actively working with both FedEx and law enforcement to investigate the theft.
"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 also stated that it would compensate SKY-B for the items in his collection, the monetary amount for which is “based on fair market value up to the Maximum Insured Value" he selected for each item.
In a YouTube video , SKY-B explained that the stolen order had taken him more than two years to accumulate, which included “many irreplaceable cards” that he fears he’ll never see again.
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