The Beckett Blog

Beckett is buying Global Authentication.

That and other tasty rumors have been cascading down message boards and on blogsites since GAI last week was forced out of its San Clemente, Calif., offices for not paying its $8,400 monthly rent.

Evictions, whether it be of a home (click on photo, left) or a business, never are pretty. But this one is particularly disturbing for collectors, who over the past six years have placed their trust in the Big Four grading companies — BGS, GAI, PSA and SGC.

BTW, Beckett is not buying GAI, that much is true.

What is not known at this time is whether Global can recover – even if it wants to – from this recent public relations nightmare.

What is known is that GAI hasn’t been paying rent on its 5,400 square foot office, according to David Bolt of CB Richard Ellis, the broker who handles Suite 100 at 232 Avenida Fabricante in San Clemente, where the only thing being fabricated these days are rumors.

“They were evicted,” Bolt said today of the now vacant office, which already is cleaned and ready for the next tenant. “It doesn’t happen overnight. They probably went through the legal process, but they are out of there now.”

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