Holy plastic, Batman! The power of the PSA registry in full display!

[Zach Wheat]

I am not particularly a fan of PSA but I have to agree. I have been tracking Desert Shields Chipper Jones cards for a while. It seems as if a PSA 10 grade brings a premium over other grading companies as well. This card just sold:

http://www.ebay.com/itm/1991-Topps-D...-/380691360300

For $4,839, while the BVG counterpart in Gem Mint goes for about $2,100. I am thinking of converting mine to PSA and I am not a registry participant.

Z Wheat

[D. Bergin]

I find it hard to believe you can remove a 10 from any holder, without doing something to it in the process, that will knock it down to at least a 9.

Then again, maybe someday PSA will come up with a 10.5 or an 11. Call it "Super Gem Minty Mint" or something.

[smtjoy]

The odds that a 9.5 BVG crosses to a 10 PSA imo are slim, unless you are willing to sub it a bunch of times as many dealers do. At $65+ a try I can see it as a huge money maker for PSA and still be worth it tying 10+ times when the upside is 2.5k.

I saw a lot more of this going on at the national than I expected, the resubmit/crossover game is huge.

[Zach Wheat]

Originally Posted by smtjoy

The odds that a 9.5 BVG crosses to a 10 PSA imo are slim, unless you are willing to sub it a bunch of times as many dealers do. At $65+ a try I can see it as a huge money maker for PSA and still be worth it tying 10+ times when the upside is 2.5k.

I saw a lot more of this going on at the national than I expected, the resubmit/crossover game is huge.

Scott,

Aren't Beckett cards typically graded a little more "harsh" than say a PSA card? I thought that was the general presumption. I have actually never had a card graded (I purchase graded though) so am unsure. Just curious.

Thanks.

[smtjoy]

While I do think Beckett is a little tougher on vintage (same with SGC), I dont think thats the real issue which is- IS PSA fair on the cards of their competitors when submitted for crossover?

IMO no they are not, I base this on my
limited experience of submitting SGC and BVG cards to them for crossover. When I first started to cross cards I always sent them in the slabs as I felt it was too great a risk to crack. Well as you can guess my success ratio sucked bad, less than 25%. After a few of these tries (about 50 cards) and after reading the CU boards back in the day, I decided to crack 20 of the ones that failed and resubmit. I was amazed at the results, 16 crossed with 4 upgrades, with only 4 not crossing at equal grades. So an 80% success rate on cards that had all failed to cross already. That was the last time I sent any crossovers to PSA. I also dont think I am the only one who feels that way as its pretty much been the norm on CU for years.

What I saw at the national was a line of dealers with cards getting reviews or crossovers on big dollar cards, i even saw this a lot at the SGC booth. I would bet some dealers have stacks of cards they bring in every show for a chance at a bump or crossover as they are well aware when the spread between a grade or between grading companies is so big its worth it to keep trying.

I know a coin dealer who dabbles in cards and he told me he once submitted a coin 23 times to PCGS for review at over $200 a pop, when he finally hit the upgrade his 4k coin became a 30k one.

[Zach Wheat]

Interesting. Thanks Scott.

[bn2cardz]

Originally Posted by D. Bergin

I find it hard to believe you can remove a 10 from any holder, without doing something to it in the process, that will knock it down to at least a 9.

Then again, maybe someday PSA will come up with a 10.5 or an 11. Call it "Super Gem Minty Mint" or something.

I think it would be called Pristine like the BGS 10 or SGC 100

[hcv123]

Originally Posted by D. Bergin

I find it hard to believe you can remove a 10 from any holder, without doing something to it in the process, that will knock it down to at least a 9.

Then again, maybe someday PSA will come up with a 10.5 or an 11. Call it "Super Gem Minty Mint" or something.

I guess that could be a self serving boom for business! I am sure there are those that would be lining up to try to have their 10's "bump" up