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Old 12-09-2008, 12:55 PM
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Default PSA Likely to be Sold...Then Out of Business?

Posted By: T206Collector

Registries provide an irrational demand for cards that artificially raises prices. Consider this: if PSA ever does truly go bankrupt, the value of their registry will decrease and the cards along with it. In my opinion, card values should be based on supply and demand, absent such considerations.

In addition, population reports offer nothing more than a somewhat myopic view as to relative scarcity. While there is some reasonable relation to price and population reports, the myriad of variables that cannot be controlled for (e.g., multiple submissions of the same card, HOFers being submitted more than commons, etc.) make them inherently unreliable.

Using a grading company to get third-party certification of condition is one thing -- and quite useful and necessary in an internet market for cards -- but all of the peripheral considerations are, in my view, a bubble just waiting to be burst.



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