I think you're missing the point that these buyers like being able to say that they own the best of something.
We can all debate what the true value gap should be between something deemed to be Mint vs. Gem Mint (according to TPG standards), but when there is only 1 BEST version of something (that can be a card or a coin or a comic or a house), there will always be people willing to pay a significant premium to say theirs is best.
What I hear you offering up is hypothetical "if you take it out of the holder" then....etc. etc. etc. I don't think you understood why the owners of those cards had them graded to begin with.
I've never said that any TPG was perfect..none of them are... But some people like to think the services offered by TPGs are meaningless and that the grades provided by TPG are meaningless. That's just an absurd notion that is completely out of sync with today's marketplace.
|