PSA 10's vs PSA 9's

[Peter_Spaeth]

It's stupid if you collect cards. It's not so stupid if you invest in flips. All depends on what you're doing and why.

[G1911]

Originally Posted by Peter_Spaeth

It's stupid if you collect cards. It's not so stupid if you invest in flips. All depends on what you're doing and why.

I would posit that putting your money into the momentary opinion of a random person of unknown credentials backed by a company with a long, long, long history of being wrong (at absolute best) is stupid even if you aren't a collector.

[bk400]

Perhaps I am a cynic, but I always wondered whether people submitting modern cards for grading would just slip an Andrew Jackson or two into the Card Saver as a gratuity for the grader. Being a returnee to the hobby, I can't say I'm an expert, but from what I can tell, the line between a 9 and a 10 for modern cards can be so slight and the difference in resale value so large that I cannot imagine that the graders themselves aren't capturing some of the value. Or at least tempted to.

[Leon]

A 10 can be a 9, and vice versa, on any given day. There is no difference.
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[Peter_Spaeth]

Originally Posted by G1911

I would posit that putting your money into the momentary opinion of a random person of unknown credentials backed by a company with a long, long, long history of being wrong (at absolute best) is stupid even if you aren't a collector.

In flip investing the card is irrelevant unless the grade is just egregiously wrong. It's a commodity now.

[bcbgcbrcb]

Thus far, kind of the answers that I expected, with this being a primarily vintage forum. If I posted this same question on Blowout or Collector’s, probably a much different set of responses. As mentioned, going to highly depend on whether you are a collector or an investor. My main question is: does this price difference continue on indefinitely or does some type of correction take place in the short term?

[packs]

A 10 will always be a 10 and a 9 will never be a 10, so as long as there is grading a 10 will always outsell a 9.

[hockeyhockey]

i don't own a single 10 in my entire collection. all 9's from the 1980s to present. much lower from the 1920s to the 1970s. as peter said, the grades are moot if the cards are for your own collection...

[Peter_Spaeth]

Originally Posted by packs

A 10 will always be a 10 and a 9 will never be a 10, so as long as there is grading a 10 will always outsell a 9.

Of course, but which is likely to appreciate by a greater percentage? I would say in most cases the 10.

[G1911]

Originally Posted by packs

A 10 will always be a 10 and a 9 will never be a 10, so as long as there is grading a 10 will always outsell a 9.

A 9 will often be cracked and resubbed and get a 10.

[Peter_Spaeth]

Originally Posted by G1911

A 9 will often be cracked and resubbed and get a 10.

Back in the days of show bumps, you didn't even have to crack and resub, just review. A lot of the early Jordan 10s are reviewed 9s bumped for favored submitters.

[packs]

Originally Posted by G1911

A 9 will often be cracked and resubbed and get a 10.

I agree but as long as it’s in a 9 holder it won’t be a 10. My point was only that something in a 10 holder is king.