PSA-graded cards stolen in transit in California, U.S., with known losses estimated at more than $963,000

Abstract:

More than 200 packages containing Pokémon and sports collectible cards were stolen last week outside a PSA grading center in Santa Ana, California. Santa Ana police said that the incident occurred on October 13. A FedEx truck was parked near the PSA delivery and delivery location. The driver left for about 60 to 90 minutes. When he returned, he found that the lock of the truck was broken and the pallets and packages in the truck were stolen.

Police said the goods involved included three pallets of packages: two pallets each held about 100 pieces, and the other pallet had about 50 pieces stolen. PSA reported to the police that the cards in the first two pallets were valued at approximately US$963,000; the specific cards in the third pallet were still being verified, so the overall loss may continue to rise. The stolen items, all graded by PSA, include sports cards and Pokémon cards, but police have not yet released a complete list.

PSA parent company Collectors Holdings has confirmed the incident and said it is cooperating with the police and FedEx in the investigation. The company has deactivated the authentication numbers of currently confirmed stolen cards and notified trading platforms to pay attention to rare and serialized cards to prevent stolen goods from entering the market. Collectors said it has contacted affected customers and compensation will be calculated based on the fair market value of the card, but will not exceed the maximum insurance amount selected by the customer for each item before submitting the review.

One victim, YouTube channel Sky-B Cards, said that he had 104 collectible cards among the stolen goods. The grading fee was US$8,468, and the insurance limit before delivery was US$156,000. The final compensation amount is still unclear. FedEx stated that the safety of customer shipments is its top priority and the company is cooperating with local police investigations. The case remains under investigation and the total number and final value of the cards has not yet been determined.