Card prices skyrocketing

uyu906 · #1 11-29-2021, 01:16 PM

I used to think that qualifiers dropped the value of a card about 2 full grades.
So, example, a PSA8 Miscut of a 1960 Mantle All-Star would be valued like a regular PSA6. Is that no longer the case?

Quote:

Originally Posted by JollyElm

407. Hit By Q-Pid�s Arrow
The newfound desire for cards with qualifiers in the current boom market, as they are now regularly selling for much larger sums than ever before.

I live around the margins of collecting, constantly picking up really nice (to me) cards that often have qualifiers attached. Man, have things changed. The price rocket of OC cards has travelled to another galaxy, and off-centered all-time greats have reached ridiculous highs, and the asking prices continue to surge. They used to be had cheaply...and those days are long gone. Yowza!!!!

JollyElm · #2 11-29-2021, 03:23 PM

Quote:

Originally Posted by uyu906

I used to think that qualifiers dropped the value of a card about 2 full grades.
So, example, a PSA8 Miscut of a 1960 Mantle All-Star would be valued like a regular PSA6. Is that no longer the case?

I got one for that, too:

228. Registry Disparity
The mathematical rule of thumb that a card with a qualifier is equal to a straight graded card two whole numbers lower.

See also: The Binary Conundrum - owning a graded card with a qualifier, but since the �defect� is so minor, it definitely doesn�t merit having a two-grades-lower drop in value.

---

It's definitely just a (silly?) 'rule of thumb' with not a lot behind it. When I chat up someone with a huge BIN price on an off-centered card, and see if they'll adjust their price for the 'two-grades-lower' theory, they almost always want nothing to do with it. Some of them I wholeheartedly agree with (because the cards look great), but I know the others will never sell the cards for anywhere near their asking prices.

uyu906 · #3 12-04-2021, 11:56 AM

Thanks Darren - I appreciate your sharing your experiences with sellers and the two grades "myth".

Quote:

Originally Posted by JollyElm

I got one for that, too:

228. Registry Disparity
The mathematical rule of thumb that a card with a qualifier is equal to a straight graded card two whole numbers lower.

See also: The Binary Conundrum - owning a graded card with a qualifier, but since the �defect� is so minor, it definitely doesn�t merit having a two-grades-lower drop in value.

---

It's definitely just a (silly?) 'rule of thumb' with not a lot behind it. When I chat up someone with a huge BIN price on an off-centered card, and see if they'll adjust their price for the 'two-grades-lower' theory, they almost always want nothing to do with it. Some of them I wholeheartedly agree with (because the cards look great), but I know the others will never sell the cards for anywhere near their asking prices.

Snowman · #4 11-29-2021, 08:01 PM

Quote:

Originally Posted by uyu906

I used to think that qualifiers dropped the value of a card about 2 full grades.
So, example, a PSA8 Miscut of a 1960 Mantle All-Star would be valued like a regular PSA6. Is that no longer the case?

It's never been a hard rule, just a starting point. If you track auction prices and build a model, you'll find that each qualifier ultimately has a different effect on pricing. Also, it's location on the card matters as well. A miscut card is by far the most aggressive drop in value. It can often sell for 3 full grades below its non qualified grade. An OC qualifier can go for 1, 2, or 3 grades below. It often depends more on the set and how difficult those cards are to find centered in general. A card with a stain can sell between 1 or 2 grades below depending on the stain and where it's located and how severe it is. Gum stains are worse than wax stains since wax stains are often easy to remove and gum stains aren't. Also, some stains can easily be removed just with water, others can't. This all has an effect on pricing. Marked cards, same thing. Is there ink on the front or the back? And how big is the ink mark or writing? I've seen cards with mk qualifiers where you can't even find the marking. So long story short, it depends. But a miscut card is by far the worst qualifier in terms of resale value. That will kill you every time. It's almost always a full grade less in value than even an OC designation.

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