"RESTORED" Wagner - how should we feel about this as collectors?

[rats60]

Any opinions on this now that it sold for 420k? 2 years ago REA sold a SGC 10 for 444k and now a restored one brings almost the same price.

[ullmandds]

Originally Posted by rats60

Any opinions on this now that it sold for 420k? 2 years ago REA sold a SGC 10 for 444k and now a restored one brings almost the same price.

I believe this Sale is evidence of maturation of the hobby amongst collectors/investors. As more people enter the hobby with deep pockets who may know/care less about the hobby And just have to have a particular cardthe idea of restorations alterations are becoming more Acceptable like other aspects of the art/collecting world.

Many collectors used to have the opinion that it’s better to have a hole in a card than a hole in your collection. Personally I never accepted this doctrine as I sought creasefree presentable cards irrespective of the actual numerical grade. As time went on myself and others realized that some cards are in such short supply that you just need to take whatever is available if you eally wanted that card. Similarly are used to hate altered cards even if they presented well where as now I think a lot of collectors are more inclined to pick up these beautifully presenting cards even though they have been slightly altered as opposed to ugly examples in lower grade.

[rats60]

Slightly altered would be soaked, pressed corner or crease, trimmed edge, etc. This card went through major restoration. It is understandable demand of low pop cards in low grade or even altered cards that look nice. However, this card had 3 borders cut off. By restoring it does that make it worth more? Or is this the bottom on price now and altered or low grade worth more than before?

[ullmandds]

Originally Posted by rats60

Slightly altered would be soaked, pressed corner or crease, trimmed edge, etc. This card went through major restoration. It is understandable demand of low pop cards in low grade or even altered cards that look nice. However, this card had 3 borders cut off. By restoring it does that make it worth more? Or is this the bottom on price now and altered or low grade worth more than before?

i'm aware of the restoration that was done on this wagner...my point being "restoration" is being more accepted in the hobby...imo.

[rats60]

Originally Posted by ullmandds

i'm aware of the restoration that was done on this wagner...my point being "restoration" is being more accepted in the hobby...imo.

I understand that. My question is how does the restoration price relate to the altered price or the "beater" price now? I always thought that it was much less. So is this sale a change in thinking or does it drive up the value of others?

[ullmandds]

Time will tell I suppose??

[Touch'EmAll]

Perhaps third party graders should have 2 separate designations - authentic, and authentic restored. Or is it already too late for that?