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#51
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That is the real key to a new grading company entering the market and displacing any of the others. How they will handle already graded cards. All other innovations will be secondary to this (IMO).
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#52
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Sam/PowderedH20 said: "Why should I be in competition? I am a school teacher. I have maybe $3-5k a year that I can sink into cards, and sometimes less than that. There are guys making $250k a year that can wake up tomorrow and decide they want to start a card collection and have a better collection than me in less than 48 hours. When I see the Donald Spences of the world, I am happy for them, but they and I are not in competition. My Roberto Clemente rookie would look silly in Spence's 1955 set. Same with my Aaron rookie and my Rose rookie. I am only in competition with myself to see what I can do with my own collection. You realize that with the right amount of money, a wealthy person could go onto ebay and nearly complete full runs of Topps and Bowman in high grade in less than a month, right? So, why sweat it? Just enjoy what you can afford and don't worry about what others get."
I don't think I could have said it any better. Thanks for this post, Sam. |
#53
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grading
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there will always be movement within the grades and people will complain about 'under-graded' etc but as we know this happens with all companies anyway right? no one complains about SGC ? beckett (BVG) holders can cross up or down 3-4 points ! a PSA 8 can be broken out and come back a 9 or a 6 from PSA again ! --- subjective nature will always make this an open topic hence the very reason third party graders will survive; traders need a dis-interested third party to 'broker' the deal/help establish value. the graders have made the collectors more wealthy; the graded holders have also brought in a whole new wave of people liken it to the poker boom ? who is next? |
#54
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No fear here in my narrow collection or poker. I'll raise my hand.
__________________
Not a forensic examiner, nor a veterinarian, but I know a horse's behind from a long ways away. |
#55
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Overall, a company going public isn't all that impressive. Steve B |
#56
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__________________
On the lookout for Billy Sullivan Jr. and Sr. memorabilia |
#57
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The problem isn't the grading companies. The problem is the buyers.
Huggins & Scott sells this 1929 Kashin Seibold AND Todt raw for $220 (in November 2015): http://nov15.hugginsandscott.com/cgi...m.pl?lotno=362 Now look at Ebay today. That same exact Seibold (we can tell from the stamp on the back) is being offered for $500 (and with 2 people watching there's a good bet it sells): http://www.ebay.com/itm/1929-Kashin-...gAAOSw9NdXtfDN So someone bought the Seibold for $110, put it in a piece of plastic (we'll call the costs $45 for shipping and grading) and is going to sell the exact same card for a 200% profit in 8 months (and it got the second lowest grade you can get!). When in reality, graded or not, it's the same damn card. So, some buyer just made some seller rich because they didn't do their homework. Until buyer's wise up, you're going to see a huge increase in the fraud for graded cards (for all grades). Because as this legitimate example shows, the profit margin is there. The margin for high grade stuff (cough "fake" cough) is astronomically. I'd be sacred to death right now if I owned any high grade cards. (Fortunately I don't!) Patrick |
#58
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We have seen too many cases of fraud, both on small scales and large to put any kind of faith and real money into something that the buyer just has zero clue on. As for owning high grade cards right now.......I personally would sell off everything I have and reap the profits while coming back in three years and buying the same cards at a much smaller price. |
#59
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The future of grading will never change, it is a non regulated service based soley on an opinion by a person who grades the card that may, or may not be an expert understanding the different aspects/quality of the issues through the years, unfortunately the buyers trust them and pay the price for NM M Gem.
Grading is a crap shoot , depending on what type of day a grader is having and what type of mood they in. Last edited by rgpete; 08-19-2016 at 03:04 PM. |
#60
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Sent from my SAMSUNG-SM-G530AZ using Tapatalk |
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