Buy the card, not the grade - stories

[jchcollins]

Originally Posted by MattyC

You are spot on with this. The subjectivity involved in parsing some grades, be it a 4 thru 6 or a 9 from a 10, it allows for a massive amount of disagreement with the graders.

And when we begin to look at cards graded in past years, or decades, things really go haywire.

I focus primarily on Mantle, and I see PSA 8s and PSA 9s of his basic issue cards in old grades/slabs that would be lucky to merit 7s today.

Just browse some of the "high grade" Registry sets or VCP, and what becomes clear as day is that some cards awarded a PSA 9 many years ago are simply total head scratchers. And as humans often do, PSA seems to have made the mistake of overcorrecting; now you can submit a lights-out 8 that blows away every 9 viewable on VCP past sales, and they will give you a sticky note pointing to some minor flaw as cause for the card not even getting a half point bump. So what we have in the market are some of today's cards in lower grade, destroying higher grade cards from yesteryear on both the eye appeal and even technical grade fronts. The upshot is it gets even more important to shop with our eyes and in effect police the flips.

"Buy the card, not the grade" I think today is more important than ever. To me this goes to a core reputation problem - in addition to being found wanting in the "expertise" area (what expertise? how do we know since they don't routinely prove that "experts" are grading cards over and above middle school kids...) there is the problem with consistency over time which at least as this year has gone by has proven to be more and more obvious that the PSA 5, 6, 7, 8 and 9's of yesteryear are not necessarily on par with those graded in 2017 or 2018. How they continue to get away with this - to say nothing of wildly inaccurate promised turn times - increasingly feels like a bubble to me. I'm just wondering how long before it bursts.