The FedEx burglary that took graded cards on their way back from PSA now has a police record. Santa Ana police say it happened on Tuesday, Oct. 13, with the truck parked near PSA's own shipping and receiving address while the driver was away for 60 to 90 minutes. The $963,000 estimate attached to it came from PSA.

When CASE #0387 ran, the date, place and value of the theft were not public. The Santa Ana Police Department supplied all three on Monday, Oct. 19, in statements reported by CBS Los Angeles, NBC Los Angeles and The Athletic.

What the Police Say

According to the police, the theft took place in the 1600 block of E. St. Andrew Place in Santa Ana, and officers "were called to the Professional Sports Authenticator headquarters for reports of a theft," CBS LA reported. NBC LA reported that PSA reported the theft to police on Oct. 13.

The Athletic, in a report by Benjamin Burrows, gave the most detail. Police told it the FedEx truck was parked near PSA's shipping and receiving address, 1610 E. St. Andrew Place, and that the driver left it for between 60 and 90 minutes. "The lock to the truck was broken and packages were stolen while he was away," The Athletic reported.

Two pallets were taken whole, each carrying an estimated 100 packages. A third was "disrupted," in the police's word, and about 50 packages were taken from it, The Athletic reported. The packages held cards PSA had graded and was shipping back to their owners, "including, but not limited to, sports cards and Pokémon cards," police said.

No arrests have been made and nothing has been recovered, police told CBS LA. The department's tip line is 714-245-8665.

Where the $963,000 Comes From

The police statement quoted by CBS LA and NBC LA reads: "The estimated value at the time was $963,000; however, the exact value of what was stolen could not be determined until the remaining boxes were scanned." The Athletic reported where the figure started: "PSA reported to police the two stolen pallets had an approximate value of $963,000." It covers the two whole pallets only. There was no value yet for the 50 packages from the third, because PSA was still confirming which ones were gone.

Analysis: The total is PSA's estimate, given to police, and it covers about 200 of the roughly 250 packages taken. It is not a sum of payouts. PSA's Oct. 17 email to customers, quoted in CASE #0387, said it would explain how it sets fair market value the following week.

"After Leaving Our PSA Facility"

That email described the theft this way: "After leaving our PSA facility in Southern California, a FedEx vehicle transporting PSA orders was burglarized." The police account puts the truck near PSA's own shipping and receiving address.

Analysis: Both accounts can be accurate: packages in a carrier's truck have left PSA's facility, wherever the truck is parked. But the email read like a truck hit somewhere on the road. The police describe a parked truck, a broken lock and an absent driver near the building the cards came from. PSA declined to tell The Athletic whether that shipping and receiving area is under video surveillance.

Police date the theft to Oct. 13, and NBC LA says PSA reported it that day. The first public account came four days later, when the collector SKY-B posted on Saturday, Oct. 17, that PSA had emailed him about his order.

What PSA and FedEx Said

PSA's parent company, Collectors, posted the statement PSA gave Heavy on its own website. It says PSA has deactivated the stolen items' certificates, notified marketplace partners, and is "arranging compensation based on fair market value."

NBC LA added one detail the posted statement does not carry. A company spokesman said the grading fees would be returned, along with the fair market value of the cards.

FedEx told CBS LA and NBC LA that "the security of our customers' shipments is a top priority, and we are working with local law enforcement in their investigation."

One Order, in Numbers

SKY-B has now put figures on his own order. He told The Athletic he paid $8,468 in grading fees on 104 cards and insured the order for up to $156,000. NBC LA reported that he considers that below the cards' likely market value. To CBS LA he made a claim about other customers: "Allegedly, there are people that have already gotten their offers from PSA in this situation, and they are insultingly low." That is his account of what others told him.

Analysis: Under the terms PSA set out in its customer email, payment is fair market value capped at the Maximum Insured Value chosen for each card. For SKY-B, that puts the most his cards can be paid at the $156,000 he insured them for, plus the grading fees NBC LA says PSA will return. For each card, the payout turns on how PSA's valuation compares with the MIV he chose for it.

Verdict: The police record supplies a date, Oct. 13, a place, PSA's own shipping and receiving address, and a value, PSA's estimate of $963,000 for two of three pallets. The truck sat with its driver gone for up to 90 minutes. PSA says it is paying fair market value and returning grading fees. The valuations will show what that means.

Confidence note: The date, location, pallet and package counts, driver's absence, value estimate and arrest status are from the Santa Ana Police Department, as reported Oct. 19, 2026, by CBS Los Angeles, NBC Los Angeles and The Athletic. PSA as the source of the $963,000 figure, its declined comment and SKY-B's figures are from The Athletic. The grading-fee refund is from NBC Los Angeles. PSA's statement is quoted from the Collectors website. The customer email is quoted as in CASE #0387. Passages labeled Analysis are this blog's interpretation, not findings in those sources.