Heritage Results

Leon · #1 08-29-2016, 08:29 AM

Quote:

Originally Posted by Dpeck100

It doesn't matter if the two look alike. One says PSA 9 and one says PSA 10. There are obviously times when a 9 turns into a 10 but at the end of the day the card graded PSA 10 will always be king in price.

It is so simple. Humans are turned on by having what is deemed to be the best.

And the exact same card that is best today might not be tomorrow. A 10 can always be a 9 and vice versa, from what I have seen. And both can come back trimmed on the 3rd day and back to a 10 the next day. It's a great way to invest

.

Twenty somethings minting money

.....

T206Collector · #2 08-29-2016, 09:11 AM

Quote:

Originally Posted by Dpeck100

It is so simple. Humans are turned on by having what is deemed to be the best.

Quote:

Originally Posted by Leon

Twenty somethings minting money

The issue is the phrase "what is deemed" and how "humans" can be so easily lured into what one person's opinion may be.

I can only imagine the power a card grader must feel when s/he ultimately assigns a 10 to a piece of cardboard, turning it into a winning lottery ticket. Must be intoxicating - how could that fact alone not blur judgment?

Snapolit1 · #3 08-29-2016, 09:15 AM

How about the possibility that the card was submitted by the guy down the hall who just bought it at auction and a bump will pay his kids college tuitions in one fell swoop, or it was submitted by a client you'd really like a lot more business from. Human nature suggests those possibilities as well.

Leon · #4 08-29-2016, 09:25 AM

It is literally like hitting the lottery if you get the coveted "10". And it is a 100% subjective number given out by a for profit business. Nah, I am sure everything is fine. That's where I am putting my money...the next Rose in a 10 holder is all mine.

Quote:

Originally Posted by Snapolit1

How about the possibility that the card was submitted by the guy down the hall who just bought it at auction and a bump will pay his kids college tuitions in one fell swoop, or it was submitted by a client you'd really like a lot more business from. Human nature suggests those possibilities as well.

Edwolf1963 · #5 08-29-2016, 09:46 AM

Quote:

Originally Posted by Leon

And it is a 100% subjective number given out by a for profit business.

Says it all IMO

Yoda · #6 08-29-2016, 11:37 AM

I wonder, for example, at PSA how many graders have to examine and concur before a gem mint 10 grade is awarded. Given the final auction price on the Rose RC, I certainly hope Joe Orlando gives final approval for a gem mint grade on a high value card, if he doesn't already.

T206Collector · #7 08-29-2016, 11:58 AM

Quote:

Originally Posted by Yoda

I wonder, for example, at PSA how many graders have to examine and concur before a gem mint 10 grade is awarded.

That's exactly the point - that there is this much money being committed without that minimum level of transparency is shocking to me. I would bet that transparency of the process would actually diminish the value of the product being sold -- why else would they hide it?

bobbyw8469 · #8 08-29-2016, 12:01 PM

Quote:

Originally Posted by Yoda

I wonder, for example, at PSA how many graders have to examine and concur before a gem mint 10 grade is awarded. Given the final auction price on the Rose RC, I certainly hope Joe Orlando gives final approval for a gem mint grade on a high value card, if he doesn't already.

I doubt very seriously Joe Orlando looks at a single card. When CGC used to be booming, I knew without uncertainty that Steve Borock looked at every single "worthwhile" comic that came thru CGC. I don't think Joe Oralndo looks at anything. I see him more as a figurehead.

Beastmode · #9 08-29-2016, 12:45 PM

Quote:

Originally Posted by Snapolit1

How about the possibility that the card was submitted by the guy down the hall who just bought it at auction and a bump will pay his kids college tuitions in one fell swoop, or it was submitted by a client you'd really like a lot more business from. Human nature suggests those possibilities as well.

++. This is absolutely going on. If I had some high value important cards for bumps, I would never submit them myself, I'm just a newbie to PSA. I'd find the most influential submitter and give them a fee to submit them for me.

This is how our economy works. Those that have the relationships, carry the hammer. No different than our political parties.

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