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  #1  
Old 08-19-2002, 01:39 PM
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Posted By: Bruce Moreland

I saw another post that discussed card grading, and I started to write a long response there, but I think this deserves a base post.

There are people who could have made a definitive card grading standard long ago, but they haven't done it. Beckett, Tuff Stuff, and SCD, all of these magazines could have made a good standard, but instead we have vagueness.

The professional graders could also make a definitive standard, but they also promote vagueness.

I've heard rumors of books on the subject, but these books haven't become a global standard, either.

I sell raw material, and I want to sell it with grades, and have my buyers like what they get. I can't know if they are going to like what they get if I don't know what they expect, and perhaps they won't know what they should expect if they don't know what the grades mean either.

So I have written a grading standard, and when I auction cards, I put a pointer to my standard in the auction.

http://www.seanet.com/~brucemo/card_articles/grading.htm

The problem is that I am a relative newbie to card collecting and card grading. I've only been selling cards for three years. A lot of you have been at this a lot longer than I have, and perhaps you can criticize my standard or suggest additions.

My standard has been on the web for over six months, and in that time I've received a lot of positive comments. I'm going to try to expand it further.

If you see anything wrong, or think that I should add anything or reorganize anything, please let me know.

Thank you,

bruce

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Old 08-19-2002, 02:18 PM
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Posted By: David

Bruce, I haven't looked too closely at you page, but it appears you have done a commendable job. A great place for beginning card buyers (and especially sellers) to start. Nics pictures too.

Considering the (over)emphasis on graded cards and grading in the card hobby, I agree that it would be nice if PSA or Beckett issued a comprehensive guide on grading. I think it would sell too.

In the end, however, grading is in part subjective and not entirely quantifiable. Considering 'poor registration' means different things to different resonable people and there are nearing infinite degrees 'edge wear', in card grading sometimes 1 + 1 = 2, sometiems 1 + 1 = 1.80 .... But a useufull and detailed standard is still a good thing.

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Old 08-19-2002, 02:33 PM
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Posted By: David

What's kind of funny is, with T206s, if the registration is poor enough, it's actually good. If the registration is off 15 percent, lower the grade. If it's off 400 percent quadruple the price.

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  #4  
Old 08-19-2002, 03:53 PM
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Posted By: Julie Vognar

Your card with the piece of paper missing from the right side--I would have mentioned that first, not last. But that's what makes horseraces.

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  #5  
Old 08-19-2002, 05:57 PM
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Posted By: Tom Lawrie

Bruce,

Great effort! I have been collecting for about 27 years (I'm 35 now) and I have always bitched about the grading of dealers and grading companies. I like SGC except for the low knock-off for centering; otherwise, their conservative grading is better than the others.

Your approach obviously tries to resolve a lot of the conflicting issues, but I wanted to make some minor comments and then go into some major philosophical problems. First, I disagree about writing - I think that any writing on a card downgrades to VG at best. It gets too subjective if an Old Judge with a pencil mark is a 5 but a 57 baseball checklist with a mark on back is a 3. Where do you draw the line? I personally think that anything more than minor pencil, esp. significant pen, warrants a Good, Fair, or Poor grade. Shouldn't matter whether there is a blank back or not, especially since different issues may have blank backs on some cards but not on others (e.g. Kalamazoo bats).

I think your pictures are overgraded. For example, the VG-EX card looks VG to me, esp. with the layering on the top left corner. Have you seen Alan Hagers book on baseball cards? (Hager's Comprehensive Guide to Rare Baseball cards, or something like that.) The guy has a poor reputation, and his book has many glaring mistakes and self-serving prices. That said, he provides a lot of nice pictures (though not always accurately labeled), and included are a number of pictures distinguishing between different card grades, both for older cards and for newer material. I may not agree with his grading, but he does a good job of explaining his grading hierarchy. You may want to take a look at his presentation of corners, etc. as you refine your standards.

Another problem is how much do you take off for multiple problems, and how do you weight it? Is a 70/30 centered card with one corner ding better than a 50/50 with 3 dings and a print line, and are either better than a pristine card that is miscut? What works for one person may not for another.

I agree completely that there should be some hobby standards, but the problem is that no one can agree on the weighting of different defects. For me, just as with the Supreme Court and pornography, "I know it when I see it." A card must be absolutely perfect to be Mint. 50/50 centering front and back, perfect printing, registration, cut, wear, no toning, etc. Gem Mint and Pristine are just gimmicks. A card is either absolutely perfect (Mint) or it's not. And I've never seen a perfect vintage card in all of my years of collecting. So if it's almost perfect, then it's near mint. To me, that is anything that looks perfect on first glance, but then a slight problem is noticed on close scrutiny. (e.g. 60/40 centering on front or true 70/30 on back, light print mark, slight ding on one corner, etc.) If there are very minor problems immediately obvious, probably EX-MT, and if there are very obvious minor problems, then EX. Any crease, regardless of how small, downgrades to VG-EX at best (even on back surface wrinkles), whereas as a real crease is VG at best and possibly Good if really detracts from picture or is very long or heavy. Multiple creases are Good at best and probably Fair, whereas Poor to me is anything where parts of the card are mutilated or missing (the old card on the spokes analogy). Any signficant layering on cards, such as that on your VG-EX picture, to me can be no better than VG; combined with a crease or writing can only be Good.

I think the 10 point scale, or even SGC's 100 scale, has multiple defects. [I warn you in advance that the next section is pretty dense, but substantive.]

THE PROBLEMS IN DETAIL:

In any type of academic science, for a measure or scale to really mean anything, it must be both valid (syn. with accurate) and reliable (syn. with repeatable and reproducible). Additionally, if we hope to quantify the various components of our measurement on a numerical scale, the increments have to mean something. So here are why the scales currently in use have fundamental problems in every area:

1. None of the grading systems have been validated to ensure what they call a Near Mint card or an Excellent card or whatever is actually what they say it is. Maybe another way to look at this is to say that each individual defect can me measured to some extent (e.g. the crease is 3 cm, the centering is 58-42, the ketchup stain is 5.8 cm in diameter) but there is no current way to accurately say that a paper loss of 3 mm or less in the corner in either direction would make this card EX-MT rather than NM. Plus, the tools to determine centering, etc. are probably inaccurate. My 60-40 might be a grading company's 55-45 on one day, and the company's 65-35 on another. Plus, while they might measure the length of a crease, their tools currently do not accurately relay all of the necessary information about the crease (depth, location, detraction from the image, effect on fibers, straight or zigzag, how obvious, etc.) Thus inaccuracies abound in the grading process, from the smallest of measures, to the subjective summation of defects, to the relay of the information to customers.

2. But an even bigger problem is that the grading scales are not reliable: they are not consistently reproducible from one individual to another in a single grading company, and they are not consistently repeatable by the same individual at different times. I won't dwell on this, as we have all heard stories about grades changing from submission to submission.

3. Somehow, with the numeric grades companies give the illusion that they have quantified a card's condition (or quantified the defects), while in reality that is not the case. The difference between a 6 and a 7 is not the same as the difference between a 7 and an 8. A one point (or in SGC's case 10, 6 or 4 point) difference doesn't mean anything on the scale. It is a big mystery (to everyone) how they go from a 1-inch crease, a print mark, and a corner ding to a VG numeric grade of 3 or 40. There is no way that they have quantified these defects, as the numbers on the scales themselves are meaningless. In other words, subtracting 10 points for a small corner crease from an SGC 88 card is not the same as subtracting 10 points from an EX 60 card; 10 points on one part of the scale is not the same on another part. All of the companies have this identical problem. I think that SGC acknowledges this to some extent as a small deduction makes a large change in high grades, and less so in middle and lower grades. Even so, all of these companies fail to ensure that a quantifiable deduction for a particular defect actually means something on their scale, assuming that they even attempt to quantify the defects.

SUMMARY OF PROBLEMS: The grading companies use inaccurate measures in producting an inaccurate picture. Their results are not reliable. And there is no accurate quantification given to individual defects that would allow them to quantify the grade to distinguish one card from another.

CAN THESE ISSUES BE RESOLVED: No. There is no way that the severity of a crease can accurately measured at present (or likely in the future), or that the severity of corner layering can be quantified. Without accurate measures, the rest of the hocus pocus is worthless. But even if sophisticated devices could be designed, there would be significant variability among different individuals and companies (assuming that measures could be repeated by the same person at different times) that would likely never be resolved. If these other problems were resolved (won't ever happen), it is remotely possible that the quantification issues could be resolved with a complex formula taking a number of different factors into account. But given the insurmountable problems of accuracy and reliability, there is no point in designing such a complex formula.

SOLUTION: Two potential solutions come to mind.

1. Grading companies could take a minimalist approach and only indicate whether a card is Authentic and Unaltered, Authentic but Altered (with notation for trimming, bleaching, restored, etc.), or Counterfeit, and only slab the first two. (The could also briefly describe the defects that they noticed, such as one crease, multiple creases, stain on front, print mark on back, centered to right, miscut, etc., but let individual viewers give weight or value to the defects on their own)

2. Companies go to a much broader, non-numeric grading scale that is valid and reliable. In other words, the scale allows the graders to be accurate as they only need to identify major problems rather than trying to quantify and weight multiple variables (a task that is impossible at present), and the scale is reliable, with the same individual able to come up with the same grade on different occasions, and different individuals also able to consistently arrive at the same grade. Something like this:

Category A: Mint (perfect card, impossible with vintage issues, unlikely but possible with modern cards; perfect 50/50 centering front and back, perfect registry, no printing flaws regardless of size, etc. I defy someone to show me a perfectly mint vintage card; they don't exist, even if right out of the pack)

Cat. B: Near-Mint to Mint (that is, from a current 7-9 on PSA's scale, not the grade 8 NM-MT; this is card with minor defects that are not noticeable on first glance; everything is nice but not absolutely perfect in every way; this card is almost perfect - nearly mint -but not quite)

Cat. C: EX to EX-MT (with well-defined criteria separating EX-MT from NM; cards with minor defects on first glance)

Cat. D: VG to VG-EX (presentable cards with one or two major defects on first glance, or many minor defects; any card with a writing or crease, regardless of how small, at best can end up here, and may move down even further)

Cat. E: Fair-Good (multiple major defects, but still somewhat presentable on some days)

Cat. F: Poor (mutilated, never presentable, filler only)

Cat. G: Altered with notation as to all alterations

I think that these broad categories are the best that we can achieve for the forseeable future. Any further stratification is disingenuous on the part of the grading companies. (These suggestions sound a lot like the grading scales that appeared in early hobby references in the 1970s. Maybe I liked their broad, initial approach and found that everything appearing since seems to be subject to endless debate.)

Just my opinion.

Tom

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Old 08-19-2002, 06:10 PM
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Posted By: Chuck Montoya

for putting together such a"Newbie"friendly grading system. I have read a good bit already and have added it to my favorites. It is so surprising that with this hobby being so big that there haven't been efforts made by the card grading companies to explain the process. I am absolutely thrilled with your page and will recommend it to as many as I can. Personally, I think others with sportcard pages should post a link to your page. The fact that you, as a seller have made this available to your customers shows that you are a really stand-up guy! How refreshing considering that there are so many that put a buck before everything else. Your obvious love for the hobby is commendable.
Thanks again.
Chuck

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Old 08-20-2002, 01:33 AM
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Posted By: Bruce Moreland

That's certainly overwhelming, which is fine.

1) Writing. Let's take two cards. One is NM but has a wrinkle on the front. The other is NM but has the initials "KW" written on the back, neatly, in pencil.

Which of these is worse? The first one is VG/EX, no problem. The second one is VGEX or VG? You'd say VG -- it's a full grade worse. I can agree with that if necessary, but I'd love to hear what others have to say.

2) The VGEX card. I don't remember if it had layering or not. It was hard for me to find a scan of a VGEX '50 Bowman that wasn't VGEX due to wrinkling. EX is supposed to mean no wrinkles and square corners, but not much more than this. VGEX should be a little worse, but not really rounded off. I would have liked those corners to be a little better.

I should think about layering more and figure out how to handle it in there. It's certainly possible that I overgraded the card, although it's possible I wouldn't now, since I'm a little better than I used to be at mid- and low-grade.

3) Hager's book. I just read Purdy's article about Hager, so I have a little trouble sending that guy money. I should probably buy it anyway if it's the only credible standard.

4) Multiple problems. I don't have a system for this. Earlier standards counted "defects" and "micro-defects" and so on, but my fear here is that this leads to grading by calculator rather than by eye. I'd rather break the system and grade a card right than be forced to grade it wrong. I agree that this is where heavy subjectivity comes in.

Personally, I might allow one EX+ feature on an EXMT card, if the card is very nice in other ways. I typically include that in the narrative. If I start to get a long list of kind of bad EX features, I might call the card VGEX+, but if it has a couple of EX features, versus one EX feature and kind of EX+ otherwise, I think both are EX. There is room within a given grade for differences in eye appeal. Of course, having said that, doing it is always the problem.

5) Mint. I think that there is room for a mint grade, and gem mint is just mint with extra appeal. I don't think that mint itself has to be unreachable. Your description of mint is the same as others' description of gem mint, and I don't think that either is right. I'm not a big fan of gem mint, but I don't think that means perfection, and I've seen cards with this grade that I thought deserved it.

6) EX cards with wrinkles. I've seen plenty of PSA-5's with wrinkles on the back. I think this is fine from PSA -- people invariably go on in their descriptions about how the card was robbed, because they can't find the wrinkle. I won't call a raw card with a wrinkle on the back EX, because I think the risk of coming across someone who can't handle a wrinkle on anything better than VG/EX is too great.

PSA doesn't have to worry about getting a negative from an enraged bidder.

7) Point 3 in your "Problems in detail" section. In here you talk about a sort of linear downgrade per defect. This is never going to work. A print mark on a mint card destroys the card, but a print mark on an EX card is still EX. If someone wrote an expert system (an intelligent computer program) to grade a card, it wouldn't work by subtracting specific grade increments per defect, what it would have to do is figure in the major elements, in order to determine a basic grade range, and then use the minor elements to figure out where in the grade range the card is.

8) The hopelessness of the situation. I agree that it is hopeless. There are a great many cases where you can't distill a card down to just a grade, so I think that narrative is important. Even the cases where you get a card that's classic EXMT, the narrative should say that the card is classic EXMT.

I think that the professional graders should continue to grade cards and just give a number. This has use to the degree that you trust the grader to weigh the factors sensibly. I like the current 1-10 system, because you have a clue what you are getting (although sometimes you get a dud or a great card), and the cards are commoditized. I like the fact that if I get a PSA-7 on a card, buyers will trust this, they will pay through the nose for it (no guilt on my part for this, since the bidders set the price, and I've done my share of bidding as well), and they will be happy with what they get. I think this is most likely to happen if there is not too much distinction between grades. If you have five different shades of NM, I think that the buyers get split up too much.

What I'm getting at is how to grade cards for myself, in order to price them and give the buyer a clue as to what they are getting. If I have to explain each grade, that isn't a problem. I refuse to wimp out and just describe features and let the buyer determine the grade for themselves -- I think I can and should do better than that. I've always worried that the guys who don't give a final grade are going to end up sending me EX+ stuff when I want NM stuff.

Thanks for the comments,

bruce

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Old 08-20-2002, 07:43 PM
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Posted By: Eric

Confucius say "buy the card not the grade."

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Old 08-20-2002, 08:01 PM
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Posted By: Tom Lawrie

Bruce,

I think what you are doing is great - you are trying to improve what's out there. My basic point is that the whole grading system that all of the card companies currently use is fundamentally flawed, and that the systems cannot be fixed, no matter how much precision we try to add to the mix. (That is, the companies use inaccurate measures, they are not reliable, and they have not even come close to adequately quantifying their grades.)

My initial comments to you were only minor, and were just intended as constructive criticism to improve your site (e.g about the writing, pictures, etc.). The excessively-detailed criticisms about measures were all directed at the grading companies, not at you in any way.

Again, I think what you have done is great, and will help a lot of people understand the grading systems that currently exist. Just don't kill yourself trying to fix their systems, because they can't be fixed!

Regards,
Tom

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Old 08-20-2002, 08:01 PM
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Posted By: jeff

"buy the card not the grade" is a mantra by which to buy cards. It is especially true the older the card is. I agree with Tom that any card with writing on it should be marked way down--seems like any card with writing on the front is almost automatically poor. But I would much rather have a "poor" card with a pencil mark on the front border than a vg card that has been graded such because of a light or slightly misregistered photo.

And that is where the real philosophical issues come in (if we want to be so grandiose about it) -- what kind of card merits such-and-such-percent of NM book value.

Many active eBay dealers seem to have recognized the impossibility of grading -- I am among the many who may offer a grade, but rely mostly on the bidder to examine the scan.

Even with slabbed cards, especially on the extreme high and low ends, prices reflect a wide variety of preferences, and a wide range of grades within each numerical designation.

All of this is just to say that it is the particular defects of a card, combined with personal preference that determines the value of the card--there will never be a grading scale that can explain the monetary value of a card without supplementary description. And that isn't a bad thing--it just suggests that attempts to create a definitive, end-of-story grading system are probably not going to succeed.

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Old 08-20-2002, 08:23 PM
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Posted By: Albie O'Hanian

You can find Hager's book cheap on ebay or at one of the book sites (Amazon.com, I think), you do not have to order it from him, unless you want it autographed, HA!
He does offer some interesting observations about grading. If you want a copy of his grading charts I should be able to email it to you.

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Old 08-21-2002, 08:58 PM
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Posted By: Bruce Moreland

I'd be happy to read anything on the subject.

Thank you,

bruce

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