Get your very own PSA encapsulated reprint 1869 Peck & Snyder

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Posted By: Dan

for only $99.99!

That's right! You heard it here first! Only the first 100 people who respond to this ad will get their very own HAND NUMBERED!!!! reprint....that's right HAND NUMBERED!!!!

http://tinyurl.com/dzqb3h


edited title so hopefully more threads won't be started on same subject...

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Posted By: dennis

times are tough......

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Posted By: doug goodman

What is WRONG with these companies?!

I don't even like graded stuff, I'm handy with a kitchen knife, etc. But, what are the PSA people thinking with this obvious effort to dilute their own brand? Sharing trade secrets with ebay, I suppose.

I often laugh at the obvious leaps of logic in PSA / SGC / etc threads. "I sent my cards in to be bumped, they upgraded some of them, but they can't downgrade any of them, it's against the rules".

I'm not sure who coined the phrase, but "buy the card, not the holder" should be the mantra of our "hobby".

Gotta go, calling Memory Lane to attempt to corner this new market.

Doug

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Posted By: Matt

lots of cheap publicity for the auction.

My Trade/Sale Page

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Posted By: Rob D.

As ridiculous as this is, I think there's precedence for it. Didn't either PSA or SGC encapsulate reprints of a rare Josh Gibson card (maybe a Cuban issue?) that the auction house used for promotional purposes? I think this was in the past five years.

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Posted By: S Gross

Bugs Bunny: Would you like to shoot me now or wait till you get home?
Daffy Duck: Shoot him now! Shoot him now!
Bugs Bunny: You keep outta this! He doesn't have to shoot you now!
Daffy Duck: He does so have to shoot me now!
[to Elmer]
Daffy Duck: I demand that you shoot me now!

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Posted By: Frank Wakefield

I think Leon should scan his quarter, make prints, hand number them, get PSA to grade 'em, and try selling them. I'd buy one of Leon's quarter, but not at that $99 level.

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Posted By: dennis

SGC did encapsulate the 1950-1 gibson but they were sent out to people FREE to promote lelands auction selling the card.

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Posted By: Rob D.

Dennis, given your use of ALL CAPS, I take it your problem is that Memory Lane is selling these, not the fact that PSA slabbed reprints (knowingly, I mean)?

To me, if an auction house can pay a grading company to slab reprints, then I'd say it can do whatever it wants to with the slabs/cards. Whether the auction house sends them FREE to people or tries to sell them, the fact remains that the grading company -- whether it be SGC or PSA -- prostituted itself in a way.

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Posted By: dennis

i really don't have that much of a problem with them selling the card but $99.00 is a little steep.

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Posted By: Rob D.

My initial reaction on the price was the same as yours. But, for the time being at least, we're living in a country where the market dictates the price of things. Who knows, maybe Memory Lane will sell out (insert PSA joke here).

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Posted By: Mike

Remember all submittions are unknown to PSA or the graders. That's why cards like this are made !!! How about a personal collection like Lionel Carter etc. You mean the graders didn't know they were grading this collection.

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Posted By: PC

PSA will slab anything to make buck, and Memory Lane is simply trolling for suckers. Hopefully they will lose money, since I doubt there are enough fools willing to pay $99 for such junk to make this stunt profitable.

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Posted By: Rob D.

PC, after I thought about it, I figured that because PSA slabbed the Peck & Snyder card that was discovered and Memory Lane is auctioning it, then PSA likely didn't charge anything to provide the slabbed reprints. As Matt says, it's cheap publicity for the auction, and the higher the price realized, the better PSA looks. So the chance that Memory Lane will lose money hawking these is pretty much nil.

Interesting choice (on both counts) the owner of the card made: to have PSA slab it and Memory Lane auction it.

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Posted By: Anthony S.

Would Leon react poorly to someone writing 35/100 in the margin of his Peck & Snyder?

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Posted By: Fred C

I guess when you sit back and think about it, nothing should surprise us anymore. I can see giving this away as a promo item or to people that go a lot of business with a company but to actually charge $99 for it is a bit of a stretch. I think I'll offer $5 for it and see if they reply.

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Posted By: Fred C

Anthony,

I'd give Leon $99 to write something (in ink) on his Peck and Snyder... Leon?

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Posted By: E, Daniel

And unless your chief issue is with grading per se and you just want to take a free quick jab, it strikes me as strange to find honest issue with this offer.

The item is faithfully and accurately described and is a memento of something most could never afford. If the quality of the reproduction is there, then you are also getting a representation that is alot closer to the original to enjoy than you might achieve off your printer. If you think it's too costly for the item and the enjoyment you might gather from it, you don't have to pony up $99 or 99 cents for that matter.

Hey, I have a model toy boat that cost me $240 when the original would cost me 10K in crappy condition.
Does that make me a sap for enjoying a facsimile of the real thing????


This board is becoming one big gripe fest over graded material and the industry as a whole......not nearly as much fun as it used to be.

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Posted By: Dan Bretta

For the record I did not start this to bash PSA...maybe just a little bit, but really I think this would make PT Barnum proud. And more power to them, but I think they've overestimated the appeal of a card that says "memorylaneinc reprint" right on the front of the card. It only took two minutes for someone to hit the BIN on that Fan Craze Reulbach that was posted here the other day....so far this has been up for nearly two hours and they've had zero takers on this limited edition HAND NUMBERED!!!!! reprint.

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Posted By: Rob D.

I don't think you're a sap for owning a model of a boat that you'd never be able to afford. However, if you're taking that model to a marina every year to have it winterized and paying for storage, then I'd have to reconsider.

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Posted By: barrysloate

Leland's also made a reprint of the Reccius Wagner and had it encapsulated by PSA (maybe someone mentioned this earlier in the thread, I didn't read through).

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Posted By: Richard Dwyer

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Posted By: PC

Rob -- while the scheme appears to be Memory Lane's (since the reprints bear their name), it is possible that PSA didn't charge Memory Lane to slab those reprints. So, Memory Lane may not be out much of anything, other than pride, which may have already been lacking since they are floating these for $99.

It smacks of charging for auction catalogues, only worse. More sad than anything else.

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Posted By: Eric B

Memory Lane is definitely going to lose money on this (on commissions), but not as much as the consigner. I've always wanted a Peck & Snyder and if I was wealthy I would buy one. But not this one - not with 100 copies around to cheapen the original.

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Posted By: Steve

I would think the bashing should be of Memory lane and not PSA.

They are the ones trying to capitalize on this nonsense.

Steve

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Posted By: Sean C

PSA was wrong to slab the reprints, no matter what Memory Lane was paying them to do so. Guess they are desperate for the publicity. Memory Lane is wrong to try to sell the reprints, but then again there is very little JP could do that would surprise me at this point.

They can both rot as far as I'm concerned.

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Posted By: JB

I have been perplexed about this whole graded reprint stuff myself. I have seen BGS graded reprints as well, and with BIDS on the item..........i do not get it.

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Posted By: Tony Galovich

Why anyone would pay such A outrageous price for a Reprint
Slabbed or Not is beyond me
All these are is a "Promotional Item" &
A very expensive promotional item
Did we forget the "promo" card hysteria from the early 90's?
At least they were all Free
I'm NOT against reprints
I'm against the outrageous prices collectors are paying for them
I highly doubt these will ever be resold for more than the original buyer paid for these
I compare these to the
Franklin Mint Line of products
Most people when go to resell any of their products sell at A Loss
Today you have to be at the top of your "Marketing" game to survive
Will this just be the 1st of many PSA "Promo" cards?

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Posted By: E, Daniel

"Most people when go to resell any of their products sell at A Loss
Today you have to be at the top of your "Marketing" game to survive "


Except Tony, not everything in life is about selling an item and whether or not you make money out of it.
Some - in fact many things, are purchased simply to enjoy while we have them.

I know I couldn't get 20% on what we paid for our wedding china - but it makes my wife happy to have it.
I bought a huge piece of twisted/bent wrought iron to hang decoratively on the wall from potterybarn I probably couldn't sell for $20 if I had a garage sale - and I paid 10 times that amount.

I've paid $20 for knockoff watches on the streets of NYC that don't pass more that temporary muster - should I just not have that style/name of watch unless I can afford the real deal?
When the Reccius Wagner reprints were released I was bummed not to be on the insider mailing list to get the freebee, so spent the next few weeks trying to pick one up on ebay.....kept getting outbid as I wouldn't spend more than the low $20's. Still, I would enjoy having it as a fun plaything.


If it's the price that's the issue, then fine, I agree.
If it's a problem with the idea people might enjoy a reprint with the knowledge they will never afford/allocate the kind of resources it takes to own an original, it just strikes me as hobby snobbishness. Whether it's Memory Lane that produces it or someone else seems irrelevant. If PSA slabs it to further the illusion and create a more enjoyable facsimile, where's the harm?


Though I love to surround myself with genuine article antique/originals, there are times when a knock off is just fine in my life.
What exactly is wrong with that?
If my son wants a reprint Wagner, even if it's in a BGS9.5 holder, that's ok by me. Please, explain to me why that's some sort of hobby crime?

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Posted By: Steve

Can't argue with the above logic.


Steve

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Posted By: leon

I have no issue with reprints and graded reprints. At least they are not fooling folks in a scam. That being said I think it does sort of "cheapen" the real McCoy a little bit. I doubt the real ones will go down in value due to all of the pubilicity though. Memory Lane said the one they have is:

1. One of a handful known. That is patently wrong.
2. One of the best examples known. Again, this one is debatable, but wrong....

I wish they at least knew what they were talking about....Oh well..Personally I see Memory Lane as more of a marketing firm than a real Baseball Card auction house....Not that there is anything wrong with that. But they are what they are. Everyone thinks Dell makes great PC's. Nope, they are a marketing firm. They invent nothing......best regards

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Posted By: Rob D.

I don't remember anyone on this thread bashing the idea of reprints (I haven't gone back and re-read every post). My problem is a grading company slabbing them.

If you don't have a problem with a grading company doing that, and if having a reprint in a graded slab increases your enjoyment, that's beautiful. But I don't think it's a stretch to see why some folks might have a problem with the concept.

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Posted By: E, Daniel

Hi Rob.

It didn't take me as long as you to find where issue is made of the idea of reprints, and that they might generate some interest or value to a collector.

Please have a read of the very first post.

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Posted By: E, Daniel

or perhaps this:

"PSA will slab anything to make buck, and Memory Lane is simply trolling for suckers. Hopefully they will lose money, since I doubt there are enough fools willing to pay $99 for such junk to make this stunt profitable"

Junk huh???? I'm assuming it's not just the slab that makes the piece junk......

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Posted By: Rob D.

OK, fair enough, some people are on record as not liking reprints.

How about this: The general tone of this thread isn't against reprints. I know in my case, it's the slabbing/grading of them. Feel free, however, to keep banging the "hobby snobbery" drum that most everyone in this thread is bashing reprints. I just don't see it.

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Posted By: leon

First of all I don't see me writing on my Peck and Snyder. I am sort of bumping this as our friend Dan M must not have seen this thread.

Rob- I have to politely disagree on this one. I think the grading companies are fine by grading reprints. They are in business to make money. If someone, as ridiculous as it first sounds, wants to pay for slabbing a reprint, it's not the grading companies fault. I would do it if I were them. If Memory Lane wants to pay them for doing it....good for both of them ....in my book.

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Posted By: dan mckee

Yes I did miss this thread sorry Leon and never a problem locking or canning any of my posts. Dan

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Posted By: Rob D.

That's fine, Leon, I don't mind disagreeing on this. A case could be made that grading companies already have moved the line by agreeing to slab almost anything -- photos from picture packs, magazine photos, ticket stubs, etc. But at least in those cases the items have been vintage and authentic (again, most of the time.)

For a grading company to knowingly branch out and slab reprints makes little sense to me and does a disservice to its reputation -- in PSA'a case a reputation that's continally dented by the mistakes it makes slabbing "real" cards.

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Posted By: leon

I know you and I are a lot alike (Please, no one hold that against Rob)...and really enjoyed our brief conversation last night. Yes, the one thing that college taught me was that good, intelligent folks that I respect, can disagree with me 100% and we can stil be friends and see eye to eye on many other things. IF I were a grading company and could grade elephants for money, I would do it. I am a live and let live kinda guy .....take care now

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Posted By: Steve

Not sure if it was mentioned in between the PSA bashing
but Memory Lane has cancelled those auctions.


Steve

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Posted By: Brian

Haven't each of the big three graded/slabbed reprints?

SGC, PSA, and Beckett

If so, then don't the adjectives ascribed to PSA in this thread also apply to SGC and Beckett?

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Posted By: dennis

i think the point is psa and ml slabbed 100 of these to sell at $99.00. other companys may have graded reprints from a paying customer.customer pays they slab that is their business. sgc slabbed the gibson as a promo and those were free it promoted their auction w/lelands.....next up, is psa going to slab a copy of the gretzky wagner and produce a lmt. run of say 100 at $99.00. i think this will be a moot point since i don't think there will be buyers buying these. esp. not at $99.00....maybe at $9.99.if these were free to good customers of ml i don't think there would be a thread bashing them.

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Posted By: leon

I agree...Though I am a capitalist I don't think the $99 was a good idea...and I guess neither did ML after thinking about it, hence it was taken down from ebay....best regards

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Posted By: Steve

"i think the point is psa and ml slabbed 100 of these to sell at $99.00".



Are you saying that PSA was to get a cut of the 99.00 from each sale?


Steve

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Posted By: Jay

This card and much associated with it has taken on a circus atmosphere. The card is nice, but certainly not a great rarity nor a $100,000 card. It is, I believe, in pretty bad shape relative to most Cincinnati Peck & Snyders. The slabbing of reprints of the card by PSA was wrong--aren't grading companies supposed to authenticate cards and evaluate their condition. Why authenticate a copy of something. This is not just a PSA comment; it equally applies to SGC and any other grading companies who sell their souls for a few extra dollars. Finally, Memory Lane selling these reprints on Ebay was just crazy. It doesn't devalue the Peck and Snyder, in my opinion, it diminishes the reputation of the auction house. I just feel sorry for the poor woman who found this card for having to associate with all these people.

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Posted By: dennis

steve i don't know the story behind this. A)perhaps psa slabbed them thinking they were to be handed out to customers as a promo,and found out they were selling and made ml end auction.B) that ml was going to be selling at $99.00 and would share in the spoils.

C)ml was to sell at $9.99 and they decided to raise the price and psa got wind and demanded their share. D)they knew that one of the dans(or both!) would catch a glimpse of this auction and start a thread on net54 bashing psa/ml.

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Posted By: Steve

Or E none of the above.

Thanks for clarifying as your original statement
made it appear that PSA was in on it all the way.

As far as grading companies slabbing reprints I have no problem
with that. here they numbered them at least.

I'm thinking it was a ml money grab.


Steve

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Posted By: Bill

This is why my card collecting has come to a stand still. My other Hobby...my Koi Pond has been my main concern. My hobby interests were mainly old cardboard, Coins....but now I'm obsesses with Fish.

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Posted By: PC

Daniel -- I repeat, those reprints are junk, marking them as "limited editions" was stupid, slabbing them was unnecessary, and ML attempting to sell them for $99 was an inexcusable attempt to ripoff collectors and newbies alike.

Stupid, unnecessary junk abounds in this hobby, and is tolerable. Most non-collectors might apply that description to everything we collect (and they might be right). But, the naked attempt to profit from someone's stupidity is not.

And I guess they agree, since the auctions have disappeared.

[edited to add -- the auctions are back up, and worse than before ... amazing!]

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Posted By: Steve

Or they got an earful today from many collectors.

Steve