Buy/Sell/Trade Forum

Question for everyone.  As a Canadian, if I get a card graded by PSA or Beckett in the USA and based on the grading the card comes back, say $5,000+ is there an issue with paying taxes or duties cross-border?

I don't know the answer with certainty, but believe that taxes and duties are only applicable to purchased goods being imported. You already owned the card, so I would think the monetary value is only relevant for shipping insurance.

I would agree with dilemma19. PSA will charge you insurance on the card to ship back. The insurance is based on what value you give it within reason. You can give it below a raw price or you can insure it for full graded value. 

https://www.sportscollectorsdaily.com/altered-cards-class-action-lawsuit-psa-pwcc-probstein/

https://www.washingtonpost.com/sports/2019/07/18/baseball-card-collectors-suspected-rampant-fraud-their-hobby-now-fbi-is-investigating/

FYI, PSA is the one I have most often heard in connection with card doctoring fraud, although they're probably not the only ones. Just judging from what I have seen browsing on eBay, some of their grades just don't make sense to me.

I've never had a card graded, but to help ensure authenticity I've bought quite a few graded cards. PSA, SGC, and the various versions of Beckett are the only ones I truly trust. PSA is generally better for modern cards; SGC for vintage. 

Good luck. 

v3

I am new to the site, but have been a long time collector. I generally only buy vintage cards and to ensure authenticity I buy graded cards for the higher valued cards. I prefer SGC over PSA simply because of  PSA evidently assigning grades to trimmed cards in the last two years. Hopefully they will get their act together.