PLEASE HELP ME UNDERSTAND PSA!

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Posted By: James/jverri01

I am so frustrated with PSA. No - this time my complaint is not about getting cards back WAY UNDERGRADED (as I am usually griping about), nor is it about getting cards back as N1 (which I KNOW are not trimmed), today - I have a NEW pet peeve. Can someone PLEASE explain to me why PSA is so d****d selective about which set issues they supply values on? WHAT is the deal with this? My opinion is, if they GRADE that set - say, E95's for example, why do they NOT provide pricing info (SMR values) on these cards, either in the monthly SMR, or in the online SMR? It is FRUSTRATING that their pricing schematics are NOT COMPREHENSIVE. I can understand them not "pricing" sets/issues they won't grade (like, say, W572's) - but, if they grade it (E95, etc.), WHY NOT LIST VALUES FOR THEM? I am also finding that, for many sets they DO grade, they aren't even supplying POPULATION information!! Can anyone help me understand this "logic" ?? PLEASE!

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Posted By: runscott

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Posted By: Marc S.

James:

If you talk to Joe Orlando (joe@collectors.com), he will basically say this:

SMR is a monthly publication, with pricing only available on a select number of sets (due to size constrainst of the publication). Additionally, do you truly think that there are enough PSA graded E-series cards to warrant a good pricing guideline by PSA? Many of these cards have less than five copies ever graded by PSA -- independent of grade! Plus, they are so thinly traded (since they tend to reside in collections) -- that the presence or absence of one or two bidders can seriously affect the "value" of a card. I just do not think there is enough confirmed pricing information for these cards between the different PSA grades to really establish a market price. I don't think any price guide does an adequate pricing job for most of these cards -- but I do generally have faith in the efficiency of the market. E.G. If you decide to sell the, they will typically sell for their "proper" price, all things considered.

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Posted By: MW

edited

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Posted By: harry

Both PSA's and SGC's price guides list lots of prices for huge quantities of cards, many of which they have never graded nor likely ever will. They also omit many issues that they have graded.

PSA and SGC both price the E93 set and SGC also prices the E95 set. I wonder why neither lists the larger sets- E90-1 and E92? (Especially E90-1!)

I certainly understand why neither PSA nor SGC wants to put out a monthly price guide listing every single card for every single set that they have ever graded, but it would be nice if they would put out a yearly publication similar to SCD's Standard Catalog.

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Posted By: vorthian

<< I just do not think there is enough confirmed pricing information for these cards between the different PSA grades to really establish a market price. >>

It's all about speculation as there are no constants. PSA could hire one who has a good grasp in the pricing department (for these types of cards) instead of being lazy.

I was asked to price out the E300 Plow's lot in a past Mastro auction. It realized 90199 and putting a value on each card, my prediction was 90450.

I'm not sure Joe's response would be succinct with your analysis - based on what they plan to do with the "set registry" and proper weights.