PSA responds as $1 million of Pokemon & trading cards stolen in FedEx truck

PSA’s parent company, Collectors, has responded after close to $1 million of Pokemon and sports cards were stolen from a FedEx truck in California.

As per a report from The Athletic, more than 200 packages were stolen from a FedEx truck as it was parked outside PSA’s headquarters in Santa Ana, California, on October 13.

The Santa Ana Police Department only confirmed with The Athletic on October 20 that the robbery had taken place a week prior. As per the SAPD, close to $1 million worth of items were taken in the heist.

“The pallets contained various trading cards, including, but not limited to, sports cards and Pokémon cards,” the SAPD told the outlet. “The exact value of the stolen items has not yet been determined, pending further investigation. The investigation remains ongoing. Anyone with information regarding this incident is encouraged to contact the Santa Ana Police Department.”

PSA owners address massive FedEx shipment robbery

According to the police, 200 packages were loaded onto two pallets, each containing 100 packages. Amongst these, an unknown number of graded cards, which were set to be sent back to their original owners, were also stolen. 

“We have deactivated the certificates for the stolen items and notified marketplace partners so they can be on the lookout for rare and serialized items,” Collectors said in a statement. “Our customer service team has contacted affected customers directly and is arranging compensation based on fair market value.

“We understand the impact this has on collectors involved, many of whom see these cards as far more than a financial asset. Our team is focused on supporting them.”

Trading card creator SKY-B was also affected by the heist. On October 17, they flagged that they’d lost over $100,000 in card submissions alone.

“I have an awful feeling PSA is going to be extremely unfair on what the values of these cards are,” SKY-B posted on social media. 

After SKY-B revealed that they’d been contacted by PSA and Collectors over the incident, other collectors noted they’d received similar emails about their cards being stolen.

One had even gone through the trouble of attending a card convention in Miami so they could submit a card directly to PSA because they did not trust sending it through the mail.