The explosion in card collecting, from PokĂ©mon to basketball cards, has led people to pay a premium to get their collections graded by official third parties like PSA. Usually, the worst thing a customer can hear from a grading agency is that their prized card isn’t the mint condition they thought it was. But for Sky-B, a recent email from PSA had news that was way worse.
PSA reportedly messaged him recently (via IGN) to inform him that a FedEX truck leaving its facility in Southern California was burglarized and his order was one of the ones impacted by the theft. “We understand how upsetting this news must be,” the email read. “While your items were not in our possession at the time of the burglary, we take our role in helping secure your items seriously and will work with you to resolve this situation as best we can.”
"We will compensate you for the items from your order that were involved, which is based on fair market value up to the Maximum Insured Value ("MIV") you selected for each item." @natsturner, I pray you handle this and take care of everyone affected in the most professional… pic.twitter.com/2U3zp6lYR5
— SKY-B (@SKYBCards) October 17, 2026
According to Sky-B, the collection he submitted to PSA for grading was worth $100,000. He released a YouTube video discussing the incident and going through some of the most high-value cards in the collection and what he thought they should be worth. One was a Tyrese Maxey with a projected PSA 10 value of $1,911. Another was a Caleb Williams PSA 10 valued at around $1,500. He said he spent $8,000 just to get all of his cards graded, insuring the collection at up to $156,000.
“We will compensate you for the items from your order that were involved, in accordance with our terms and conditions, which is based on fair market value up to the Maximum Insured Value (“MIV”) you selected for each item,” PSA wrote in its email. The company said it would reach back out soon to begin that process while it also engages local law enforcement to see if the products can be recovered.
Other collectors have also started popping up suggesting their rare cards were part of the heist. “Fedex truck was robbed and my Smaug The Magnificent was stolen!” wrote one person on Reddit. A PSA 10 Zoro One Piece card was also reportedly stolen, leading some to speculate that the total value of the haul could be over $1 million.
The FedEx heist is bigger than we think. Just one card alone in the truck, c07 Roronoa Zoro PSA 10 pop 12, was valued at 500k and it was being transported to its final destination in that truck.
I believe that the value of that truck was in the mid 7 digits, obviously who ever… pic.twitter.com/evZXR7Bkii
— Tortugo (@Tortugo) October 19, 2026
A representative for PSA shared the following statement with Kotaku:
We are aware of a theft involving a third-party shipping vehicle carrying PSA-graded items. We are working closely with law enforcement and the carrier as the investigation continues.
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. 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. We take this incident seriously, and we will continue working with law enforcement to hold those responsible accountable.
Sky-B told followers he was worried the grading agency would try to low-ball him since it didn’t charge him the full commission for grading certain cards. Some other collectors were allegedly impacted as well. It’s unclear what the total value of cards stolen from the FedEx truck comes to, but it’s every collector’s worst nightmare: sending off a prized collection only to have it lost or destroyed while they wait.
“Honestly, that’s what hurts the most, outside of obviously being absolutely financially destroyed here,” Sky-B said. “I am currently out all of the money that it cost to acquire these cards, I’m out all the PSA grading fees, and I don’t have and I probably will never see any of these cards in person.”