eBay Inks Partnership With Professional Sports Authenticator To Enhance Authenticity Guarantee Service

eBay Inc EBAY has signed a strategic partnership with Professional Sports Authenticator (PSA), a trading card authentication and grading company.
Under the agreement, eBay's 'Authenticity Guarantee' service will expand to include graded collectible card games and sports trading cards sold on eBay for $2,000 and more.
Over time, eBay plans to expand the service to any graded card sold for $250 and more.
"With this latest partnership, collectors can feel even more confident in their purchases of graded cards..," said Dawn Block, VP Collectibles, Electronics and Home at eBay.
Starting today, when a graded card is sold for $2,000+ in the U.S., the seller will send that graded card to PSA, where a newly established team will verify that the card matches the listing description and that the sealed plastic holder and label are authentic and have not been tampered with or counterfeited.
Price Action: EBAY shares are trading lower by 0.08% at $51.88 on the last check Monday.