Is the auction world the whole truth and nothing but the truth?

[E93]

Originally Posted by GregMitch34

I imagine this has been covered many times but--what is the accepted version of WHEN PSA started keeping track for pop report of 1) all graded cards 2) breaking down t206 backs. Thanks.

Auction houses often attempt to mislead bidders with claims about #s of T206s in a certain grade by ignoring that 10,000s were graded before PSA distinguished back brands. For example if I say there is only one Joe Schmoe PSA 8 with a Piedmont back and forget to mention that there are 7 PSA 8s with unknown backs, I am misleading IMHO.
JimB

[barrysloate]

Originally Posted by E93

Auction houses often attempt to mislead bidders with claims about #s of T206s in a certain grade by ignoring that 10,000s were graded before PSA distinguished back brands. For example if I say there is only one Joe Schmoe PSA 8 with a Piedmont back and forget to mention that there are 7 PSA 8s with unknown backs, I am misleading IMHO.
JimB

Jim- to take it a step further, some descriptions will note that, for example, a PSA 8 is the highest ever graded, and is a pop 1...when they are in fact aware that SGC graded one example a 9. Wouldn't that be useful information?

[tbob]

Originally Posted by E93

Auction houses often attempt to mislead bidders with claims about #s of T206s in a certain grade by ignoring that 10,000s were graded before PSA distinguished back brands. For example if I say there is only one Joe Schmoe PSA 8 with a Piedmont back and forget to mention that there are 7 PSA 8s with unknown backs, I am misleading IMHO.
JimB

+1

[tbob]

Goodwin currently has a series 4 T210 of Collier PSA 1.5 which is advertised as not only the lone graded copy but there are no known ungraded copies known to exist.
Interesting since I have an SGC 30 T210-4 Collier

[HRBAKER]

Originally Posted by tbob

Goodwin currently has a series 4 T210 of Collier PSA 1.5 which is advertised as not only the lone graded copy but there are no known ungraded copies known to exist.
Interesting since I have an SGC 30 T210-4 Collier

Bob,
Most auction house employ the "in the neighborhood" rule when it comes to descriptions.

[Tom Hufford]

I also saw the "one of a kind" T210-4 Collier card in the current Goodwin auction, and thought to myself "I think I have a Collier, too." I checked, and was right - I do. It is ungraded, so how else would anyone know?

[glynparson]

To me the population of SGC when dealing with PSA is irrelevant in my opinion, and vice versa. If they had the same standards and caught all the same alterations I would agree, but they do not.

[ullmandds]

"The only one graded in the hobby" seems to have become the latest "buzz" phrase to attract crazy bidding activity...esp on front/back t206 combinations...it seems to work...atleast for Goodwin!


The whales like to have their ego's stroked...often!

[barrysloate]

Originally Posted by glynparson

To me the population of SGC when dealing with PSA is irrelevant in my opinion, and vice versa. If they had the same standards and caught all the same alterations I would agree, but they do not.

Glyn- but what if you are buying the PSA 8 because you believe it's the finest known? It's not the finest if there's a better one out there. At least the cataloguer should mention the presence of what is likely the better card.