What the $100K FedEx Card Theft Means for Collectors

This theft highlights the risks of shipping high-value collectibles and may push dealers to handle their own shipping or demand better insurance, while collectors face uncertainty over compensation.

This theft highlights the risks of shipping high-value collectibles and may push dealers to handle their own shipping or demand better insurance, while collectors face uncertainty over compensation.

Key points - Over $100,000 worth of PSA-graded cards were stolen from a FedEx truck after leaving Southern California. - Collector SKY-B lost 104 cards he spent two years accumulating; PSA deactivated certificates and will compensate based on fair market value up to Maximum Insured Value. - Another collector, Boston Card Hunter, compiled a list of 383 serialized cards allegedly stolen, including a Michael Jordan card and a One Piece card. - PSA stated it is working with law enforcement and FedEx, and has notified marketplace partners to watch for stolen items.

Timeline - July 2026: SKY-B hand-delivers his 104 cards to PSA at the National Card Show for grading. - October 17, 2026: SKY-B posts on Twitter/X that PSA emailed him about the theft of his cards from a FedEx truck. - After October 17, 2026: Boston Card Hunter compiles a list of 383 serialized cards allegedly stolen; other collectors report similar losses.

FAQ

Q: Will PSA compensate collectors for the stolen cards? A: Yes, PSA said it will compensate affected customers based on fair market value up to the Maximum Insured Value selected for each item.

Q: What should I do if I bought one of the stolen cards? A: PSA has deactivated the certificates for the stolen items and notified marketplace partners, so check the cert numbers before buying.

Q: How many cards were stolen? A: At least 104 cards from one collector, but Boston Card Hunter has compiled a list of 383 serialized cards allegedly stolen from the truck.