Does it make any difference if I grade this?

[jimq16415]

Thanks for all the advice! I like it better slabbed, and other than a few anxious moments due to the idiots at USPS it was painless. Best of all, if something happens it will be easier for the wife.img176.jpg

[Fred]

How much did it cost to have encapsulated?

I haven't had anything graded in a while and if I'm hearing correctly, the grading fee may be dependent upon the value of the card. I kind of get that, but what happens if you have a card that you think is an "8" and at that valuation it is $10K, but when you receive it, the label indicates "7" and the value of the card at that grade is half. Does that mean you paid a higher grading fee for the card? I'm totally lost these days when it comes to grading.

[ullmandds]

Looks great and I am glad you did it!!

[todeen]

Originally Posted by ullmandds

Looks great and I am glad you did it!!

me too! Good choice

Sent from my SM-G9900 using Tapatalk

[swarmee]

Originally Posted by Fred

I kind of get that, but what happens if you have a card that you think is an "8" and at that valuation it is $10K, but when you receive it, the label indicates "7" and the value of the card at that grade is half. Does that mean you paid a higher grading fee for the card?

In your case, yes. You would still pay the grading fee for a $9999 value card even if after grading it is only worth $4,000. Your extra benefit was that it took 2 less days at PSA's headquarters than if you had estimated it at $4,000 in the first place.

Most people underestimate their grades by about 1 number and submit with that projected valuation. Sometimes that will lead to them underpaying and getting a good grade. Sometimes PSA will upcharge them to the $9999 level since they have to underwrite the return shipping costs and that is also part of the service level.

[jimq16415]

Originally Posted by Fred

How much did it cost to have encapsulated?

I haven't had anything graded in a while and if I'm hearing correctly, the grading fee may be dependent upon the value of the card. I kind of get that, but what happens if you have a card that you think is an "8" and at that valuation it is $10K, but when you receive it, the label indicates "7" and the value of the card at that grade is half. Does that mean you paid a higher grading fee for the card? I'm totally lost these days when it comes to grading.

It was 250 plus return shipping. If you value it higher than it grades, you paid too much. If you think it's a 7 and it gets an 8, you pay an upcharge sometimes but it's worth paying the extra. For me the only question was A or1. I was happy with either.

[Fred]

Thank you for the responses. Wow - I'm totally blown away at the cost of grading these days. With the high valuations of cards, the grading companies must be making a lot of money.

What a racket. With card prices as high as they are now the fees must be ridiculous. Just curious, IF someone had a T206 Wagner that was raw and about VG condition, how much would it cost to have it graded?

Is there some MAX fee for the TPGs? At some point, it's just ridiculous. Do they also charge these crazy fees for new/shiny 1 of 1 cards that people are paying hundreds of thousands of dollars for?

[jchcollins]

Originally Posted by Fred

What a racket. With card prices as high as they are now the fees must be ridiculous. Just curious, IF someone had a T206 Wagner that was raw and about VG condition, how much would it cost to have it graded?

I don't know about PSA. SGC rises incrementally, charging up to $3,750 for a $100K card, and then says to add an additional $375 per $10k of value above that. So say you had a card that you value at around $500K. That would be $3,750 + $375(40) = $18,750? $1M = $37,500. The $12M Rosen Mantle 9.5 - $450K? Now, the guy that consigned it I really hope didn't pay that much to have it graded, because he didn't know what it was going to sell for. That is a unique pricing situation. When he bought it from Al Rosen, it was just in one of those thick screw-down cases.

I would have to imagine that if you have a Wagner or something of that caliber you are going to send to them, you would call and negotiate a price for the grading first. I don't know about the lower grade prewar stuff, but look at how much publicity SGC got at the National out of that Mantle.

[jimq16415]

Originally Posted by Fred

Thank you for the responses. Wow - I'm totally blown away at the cost of grading these days. With the high valuations of cards, the grading companies must be making a lot of money.

What a racket. With card prices as high as they are now the fees must be ridiculous. Just curious, IF someone had a T206 Wagner that was raw and about VG condition, how much would it cost to have it graded?

Is there some MAX fee for the TPGs? At some point, it's just ridiculous. Do they also charge these crazy fees for new/shiny 1 of 1 cards that people are paying hundreds of thousands of dollars for?

I don't speak for anyone else but for me to have that card in a slab and harder for me to mess it up and easier for me wife to not get cheated later is well worth the cost.

Back in 2020 I listed a Jordan card on ebay for $20. No takers, offers, etc. Graded a 10 at PSA, sold immediately for 1500. It's a crazy 'hobby"

I think PSA has a walk thru service. I can't afford those cards so I don't know what it costs. lots!

[Joe Hunter]

I think you made the right decision. Looks great in the holder and might even bring more than the "average" 1 if you decide to sell. There is such a variance in condition for cards in that grade, and I would consider your Cobb a higher end 1.

[Fred]

What this seems to indicate is that people will pay more today to have a card slabbed than they actually paid for the card many years ago.

What a total scam on the TPGs part. What's really sad is that people actually buy into their business model.

How do they justify the fees? They don't seem to back up what they've graded in the past too well. Does that mean, since it's a known fact, that the PSA8 (first graded Wagner) should be in a holder with an "A" that they would be responsible for paying the owner the price between the "A" grade and the "8"?

If people are really paying that much to have cards graded, then PSA stock should have a high valuation. Yikes.

[jimq16415]

Originally Posted by Joe Hunter

I think you made the right decision. Looks great in the holder and might even bring more than the "average" 1 if you decide to sell. There is such a variance in condition for cards in that grade, and I would consider your Cobb a higher end 1.

Thanks! I know it's low grade but I've seen 1's with corners missing. My card might not be pretty but it's complete!
















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