NonSports Forum

Net54baseball.com
Welcome to Net54baseball.com. These forums are devoted to both Pre- and Post- war baseball cards and vintage memorabilia, as well as other sports. There is a separate section for Buying, Selling and Trading - the B/S/T area!! If you give an opinion of a person or company your full name needs to be in your post. Contact the moderator at leon@net54baseball.com should you have any questions or concerns. Enjoy!
Net54baseball.com
Net54baseball.com
ebay GSB

Go Back   Net54baseball.com Forums > Net54baseball Main Forum - WWII & Older Baseball Cards > Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions

Reply
 
Thread Tools Display Modes
  #11  
Old 09-11-2017, 11:18 AM
swarmee's Avatar
swarmee swarmee is offline
J0hn Raff3rty
Member
 
Join Date: Jul 2014
Location: Niceville FL
Posts: 2,087
Default

True Tony, but that's outside the scope of PSA's purview on a reholder. It's up to the owner of the card (in 99% of cases where PSA doesn't detect alteration or compromised slab during the reholder) to ask for a review with no minimum grade. At that point, the PSA guarantee would come into play, and PSA should/will regrade the card properly and pay the difference between the purchase price and the new value.
However, there's really no way for PSA to have all their cards "recalled" in order to standardize the grading at this point in time. Very few owners would approve of sending in their GPA 6.5 sets and having them returned with 5.3 instead even with a big check coming with it. Too much pride in the set registry. Plus, I wonder if such a recall would invalidate the price guarantee? Are they self-insured? Or would the policy owner balk at maybe cutting a check of a billion dollars during a recall? Who would pay for all the cards (pre-war only?) to be regraded and reholdered? How long would that take in months? Man hours?
A recall would be good in order to get the population report back on track. They could zeroize it on January 1 of a year and then re-add cards that they grade that year and all the reviews/reholders in the same time frame. It's basically a non-starter.

Now there are cards that are egregious (2 grades or more out of whack, over $500 difference?) that PSA should recall when they are pointed out to them. But they'd have to put together a task force for no gain in their opinion. They are already bursting at the seams with new submissions.
__________________
--
Current Want to Buy/Trade for List:
1910 Murad College Series: NONE Completed Master Set!
1930s Phoebe Phelps Caramel Pennant of Georgia Tech
https://www.comc.com/Users/mjohnatgt,sh,i100 55% off sale from November 6-16th.
Reply With Quote
  #12  
Old 09-13-2017, 10:43 AM
HasselhoffsCheeseburger's Avatar
HasselhoffsCheeseburger HasselhoffsCheeseburger is offline
Arthur
Al Fri.ch
 
Join Date: Jul 2011
Posts: 179
Default

Quote:
Originally Posted by swarmee View Post
At that point, the PSA guarantee would come into play, and PSA should/will regrade the card properly and pay the difference between the purchase price and the new value.
Maybe that's what happened here. If you're going to get reimbursed, might as well create a artificial market high to be measured against. Jack the most recent sale up to some bananas dollar figure then send it in to PSA and turn a profit. Nothing would surprise me these days.
__________________
"A lot of those guys don't seem to be having as much fun as they should be."
Reply With Quote
  #13  
Old 09-13-2017, 12:03 PM
calvindog's Avatar
calvindog calvindog is offline
Jeffrey Lichtman
Member
 
Join Date: Apr 2009
Posts: 4,385
Default

Quote:
Originally Posted by HasselhoffsCheeseburger View Post
Maybe that's what happened here. If you're going to get reimbursed, might as well create a artificial market high to be measured against. Jack the most recent sale up to some bananas dollar figure then send it in to PSA and turn a profit. Nothing would surprise me these days.
PSA would rather fight you to the death than give that money back to you. There will always be an excuse why PSA is not responsible for the misgraded card in the holder.
Reply With Quote
  #14  
Old 09-13-2017, 12:13 PM
GasHouseGang's Avatar
GasHouseGang GasHouseGang is offline
David M.
Member
 
Join Date: May 2009
Location: S. California
Posts: 1,133
Default

I had to go look for that green Cobb. I thought I'd post pictures, because before you know it they will be gone from ebay.
Attached Images
File Type: jpg Green Cobb Sold for 15K Should be 2.jpg (73.8 KB, 107 views)
File Type: jpg Green Cobb Sold for 15K Should be 2 Back.jpg (71.1 KB, 107 views)
Reply With Quote
  #15  
Old 09-13-2017, 12:46 PM
bobbyw8469's Avatar
bobbyw8469 bobbyw8469 is offline
Robert Williams
member
 
Join Date: Aug 2009
Location: North Carolina
Posts: 4,470
Default

Front looks good....back...not so much.
Reply With Quote
  #16  
Old 09-13-2017, 01:17 PM
steve B steve B is offline
Steve Birmingham
Member
 
Join Date: Sep 2009
Location: eastern Mass.
Posts: 4,357
Default

Quote:
Originally Posted by swarmee View Post
True Tony, but that's outside the scope of PSA's purview on a reholder. It's up to the owner of the card (in 99% of cases where PSA doesn't detect alteration or compromised slab during the reholder) to ask for a review with no minimum grade. At that point, the PSA guarantee would come into play, and PSA should/will regrade the card properly and pay the difference between the purchase price and the new value.
However, there's really no way for PSA to have all their cards "recalled" in order to standardize the grading at this point in time. Very few owners would approve of sending in their GPA 6.5 sets and having them returned with 5.3 instead even with a big check coming with it. Too much pride in the set registry. Plus, I wonder if such a recall would invalidate the price guarantee? Are they self-insured? Or would the policy owner balk at maybe cutting a check of a billion dollars during a recall? Who would pay for all the cards (pre-war only?) to be regraded and reholdered? How long would that take in months? Man hours?
A recall would be good in order to get the population report back on track. They could zeroize it on January 1 of a year and then re-add cards that they grade that year and all the reviews/reholders in the same time frame. It's basically a non-starter.

Now there are cards that are egregious (2 grades or more out of whack, over $500 difference?) that PSA should recall when they are pointed out to them. But they'd have to put together a task force for no gain in their opinion. They are already bursting at the seams with new submissions.
Maybe they would just "fix" them like they do sometimes with modern stuff?
Reply With Quote
Reply



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Hate to ask but..........VCP help on t206 Cobb Bat On PSA 1 (common back)........thanks Archive Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions 2 04-14-2009 11:06 PM


All times are GMT -5. The time now is 06:38 PM.


ebay GSB