More than 200 packages of graded trading cards were stolen last week from a FedEx truck parked outside Professional Sports Authenticator's headquarters in Santa Ana, California. PSA, one of the largest third-party card grading companies, told police the majority of the stolen packages are worth over $963,000, with the total expected to rise as the company confirms exactly which cards were taken.
Collectors Holdings, PSA's parent company, said it is cooperating with local law enforcement and FedEx. It has deactivated the unique certification numbers assigned to identified stolen cards and notified marketplace partners to watch for rare and serialized items, an attempt to make resale more difficult.
Compensation for affected customers will be based on fair market value, but capped at the maximum insured value each customer chose before grading. One collector who said they paid $8,468 to have 104 cards graded and insured the order for up to $156,000 has not yet disclosed what compensation they received. Other victims are compiling shared lists of stolen serialized cards to help collectors identify them if they surface. The incident underscores how vulnerable high-value collectibles remain in transit, even when shipped through major carriers. The source does not indicate whether FedEx has accepted liability or how the theft occurred.}```markdown? Wait, the user asked for strict JSON with exactly these keys. I provided JSON. Need ensure body is string with markdown. The body has 3 paragraphs? Actually I wrote 4 paragraphs? Let's count: