Mike and Jesse debate the massive acquisition of Beckett (BGS) by Collectors, the parent company of PSA. The guys have vehemently different reactions to the deal: Jesse believes Collectors will "save" the brand by leveraging its history and media assets, while Mike argues BGS is destined to be "gutted" like SGC. They discuss what this "monopoly" means for the hobby and whether it will actually improve PSA’s turnaround times.

Then, Gordy Bonker joins the show to break down a major shift in the vintage market, with record-breaking sales for Mickey Mantle and Roberto Clemente cards. He discusses Ken Goldin’s theory about institutional money entering the space and whether hedge funds are finally treating cards like art.

Plus, the guys discuss the London Card Show scandal, the new Arena Club "FR34K" packs, and answer a very timely mailbag question about what Collectors might buy next.

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Will Collectors Gut or Save Beckett? The Future of Grading