Theft at PSA Headquarters
Last week over 200 packages of graded trading cards being shipped back to their owners were stolen from a FedEx truck parked outside the headquarters of Professional Sports Authenticator (PSA) in Santa Ana, California. PSA is one of the largest third-party sports and hobby card grading companies in the world and reported to the Santa Ana Police Department that the majority of the stolen packages had an approximate value of over $963,000, but that amount could further increase as PSA continues the process of confirming exactly which cards included in the shipment were taken.
Over $963,000 worth of graded Pokémon and sports cards were stolen from FedEx
Over 200 packages of collectible cards were taken from the delivery truck outside of PSA’s headquarters.
Company Response and Security Measures
In a statement shared to its website, Collectors Holdings, the parent company of PSA, acknowledged the theft and stated it is working closely with local law enforcement and FedEx as the investigation continues. In response to the incident, the company has notified marketplace partners to watch for rare and serialized items to prevent the stolen cards from being resold. All cards graded by PSA are assigned a unique certification number that the company has since deactivated for all items identified as stolen so far.
Collectors Holdings also stated it has contacted affected customers to arrange compensation based on the fair market value of their missing collectibles, up to the maximum insured value selected by the customer prior to grading.
Collector Impact and Community Tracking
A YouTuber identified as Sky-B Cards shared that they were a victim of the theft, having paid to have 104 collectible sports cards graded by the company with insurance up to $156,000. Other affected collectors have contacted another creator, Boston Card Hunter, to compile a shared list of stolen serialized cards detailing each one to help other hobbyists spot them.
