Quote:
Originally Posted by iwantitiwinit
I was waiting for that response, the premise is not flawed. I am talking about a general population of say psa 4's. While one specific psa 4 might be a bit different from another psa 4 in general they are graded using identified guidelines and fall within a specific framework to be graded a psa 4. That's whats meant by commoditized. Think for instance about cocoa beans one bean might be a bit better than another but still fall within the grade "A" classification . A psa 4 is essentially a psa 4 and if you sell enough of them the quality averages out.
If you can establish that one seller only sells the highest quality cards within that specific stratification of say a psa 4 then you can be right (or it can be viable that they garner higher prices than another seller) but I think to believe that one seller takes the time or rejects other cards that are considered weak for the grade I think is naive despite what they might claim in their descriptions.
Thoughts?
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I understand what you're trying to say in principle, but I think the argument is weakened by drawing an analogy to real commodities like cocoa beans. In a single bushel, there's what, maybe 100K beans? Of course minor differences between single beans are not likely to be noticed and they are purchased according to their broad classification. However, in any given year, a T206 Red Cobb PSA 4 might see 20-30 examples change hands, and these occasions are infrequent enough whereby the individual quality of each card can be assessed and valued relative to other examples.
If you're talking about PSA 9 Ken Griffey Juniors, where 100's might be sold in a given year, then I agree with your point, that prices should generally fall within a very tight range. But I believe it's hard to apply that argument to pre-war where populations are significantly lower.