Original Patent for PSA Holders

Stone193

This is nothing incredible but I thought interesting to our hobby background and understanding of it's evolution.

I was looking around and found this original patent for the Arrowhead holder (scroll down to view) that PSA used to have to pay royalties, I believe, to Alan Hager. The patent ran out I believe. The arrowhead is kind of like the prototype for the PSA holder and their 10 point grading system is also a Hager invention - for those not familiar.

Of interest is the PDF which has the original drawings for the holder.



This is a sample of one that was for sale years ago - it was given to me by Alan Hager in 1992 in Atlanta.

Personally I think he's a more interesting "character" than Alan Rosen.

mike

baseballfanatic

You can see from the pdf file, that he was using 89 UD as his "holdered" card....

Archaninator

Hagar also filed for bankruptcy a few years back. Does anyone have the docs? At one point, they were listed on the Internet. Located using Google. His wife's names was listed too. Does anyone have copies or can provide his wife's name? Is it Linda? Diane?

1989FleerBillRipkencollector

Thanks for sharing this interesting info.

Archaninator

Bankruptcy in Florida is a joke due to the Homestead Act. You can put all of your assets into a home (paying off the mortage). This money can not be touched. Then after the bankruptcy settles, you get a second, third, or fouth mortgage. For this reason, I rarely deal with people in Florida. This state attracts crooks, hucksters, opportunists, etc. This is a big generalization but is my opinion on the subject based on years and years of business transactions (not just trading cards). Do you wonder why the executives from Enron, Worldcom and other proven frauds now live in Florida?

"Under the Florida Constitution one’s home is truly his castle, a castle that is impenetrable by creditors. Florida courts have liberally expanded definitions of homestead property which legally includes more than just a single family house. Condominiums are afforded full homestead protection as are almost any other type of primary residence such as a manufactured home or even a mobile home. In whatever form, a person’s equity investment in his primary residence cannot be seized by a creditor for any reason.

Article 10, Section 4(a)(1) of the Florida Constitution protects a person’s homestead residence from forced sale under process of any court. That section clearly states that no judgment or execution shall become a lien on homestead property. The Constitution defines homestead as one’s principal place of residence up to one-half acre within a municipality and up to 160 contiguous acres in any county in Florida. To qualify for homestead protection, a debtor must be a Florida resident and must reside on the homestead property.

What makes Florida’s homestead protection such a powerful asset protection feature are it’s geographical scope and its unlimited monetary protection. So long as a person’s primary residence is located outside the geographical limits of a municipality, the constitution protects homestead properties up to 160 contiguous acres. All property contiguous to the primary residence is under the homestead umbrella, even if the property comprises multiple lots and separate legal descriptions. A Florida resident can invest millions of dollars in large estate homes and farms and protect the full value of these luxury residences under the protection of Florida’s homestead provisions. The most noteworthy feature of Florida’s homestead law is its lack of any monetary cap on homestead protection. While many states around the country have homestead protection in their law, almost all other states have some level of valuation limit of homestead protect.''

http://www.alperlaw.com/asset_protection.html