Do you care about the authenticity guaranty provided by grading companies?

Peter_Spaeth · #1 10-15-2024, 10:44 AM

Quote:

Originally Posted by jchcollins

What company if any besides PSA still provides an actual guarantee? I think for the vast majority of the other graders it's a moot point.

PSA if you sub for a review and they decide your vintage 8 is actually a 6 - they will pay you out the market difference (or perhaps try to buy you off with coupons and free subs...) but at least it's something.

Certainly not the beloved SGC (I mean S_C), heavily favored by this Board, which goes to show it's irrelevant.

parkplace33 · #2 10-15-2024, 10:58 AM

Quote:

Originally Posted by Peter_Spaeth

Certainly not the beloved SGC (I mean S_C), heavily favored by this Board, which goes to show it's irrelevant.

This goes back to my post earlier. What guarantees are these card companies actually saying or providing?

The only successful time I have seen someone work the guarantee was board members Raulus about his PSA 54 Mays. And if I remember correctly , that took multiple contacts and a long time to get resolved.

Peter_Spaeth · #3 10-15-2024, 12:01 PM

Quote:

Originally Posted by parkplace33

This goes back to my post earlier. What guarantees are these card companies actually saying or providing?

The only successful time I have seen someone work the guarantee was board members Raulus about his PSA 54 Mays. And if I remember correctly , that took multiple contacts and a long time to get resolved.

AJ was shot down on the Leaf Jackie that BODA had clearly and obviously identified as trimmed.

parkplace33 · #4 10-15-2024, 12:10 PM

Quote:

Originally Posted by Peter_Spaeth

AJ was shot down on the Leaf Jackie that BODA had clearly and obviously identified as trimmed.

I remember that one as well.

Anyone ever get a grading company to refund if they graded a reprint card as original?

jchcollins · #5 10-15-2024, 12:17 PM

Yes, ironically SGC is the only one with "Guarantee" actually in their name. I think they had something on paper back in the 90's and early 2000's, but Peter is right - it's long gone now.

I voted that it's not important to me either. Slabs are for the most part nice holders that come with an opinion. They sell for more because of the opinion, but people need to realize how much it's really just an opinion, and not the end-all, be-all pronouncement of your card's worth forevermore.

Johnny630 · #6 10-15-2024, 12:23 PM

Grading love it or hate it has all made us more wealthy over the years...in my opinion it's what brought the big time investor's and spenders into this Hobby.

Guaranty or Not is theoretically meaningless once it's in a holder.

Pop and Registry are universally known by all the buyers/investors.

Peter_Spaeth · #7 10-15-2024, 01:58 PM

Quote:

Originally Posted by jchcollins

Yes, ironically SGC is the only one with "Guarantee" actually in their name. I think they had something on paper back in the 90's and early 2000's, but Peter is right - it's long gone now.

I voted that it's not important to me either. Slabs are for the most part nice holders that come with an opinion. They sell for more because of the opinion, but people need to realize how much it's really just an opinion, and not the end-all, be-all pronouncement of your card's worth forevermore.

It was on the website until the early days of the "Scandal" when they took it down and it never reappeared. Although I'm still waiting, I asked Peter Steinberg about it when it was taken down (2020 probably) and he said they had only taken it down to tweak the language and it would be back up within days.

G1911 · #8 10-15-2024, 02:07 PM

Hopefully the Sportscard Guaranty Corporation is better at certifying real cards than they were at autographs since they have no guaranty whatsoever (if you call a place a democratic peoples republic, then it is one right?).

My selective experience cracking cards out of slabs is that none of the firms are good at detecting alterations or trimming in the area I collect, rarely certifying an outright fake though (the Dover CJ Mack being the funniest example to me). SGC's grading seems the most random to me - I once discovered a Red Sun I freed from a 3.5 SGC slab had no less than 14 distinct creases in the stock. BCCG was the scammiest of the 'respected' firms grading.

I understand slabbing a card one is about to sell because $$$, but I will never get it for any other purpose.

jchcollins · #9 10-15-2024, 02:43 PM

Quote:

Originally Posted by Peter_Spaeth

It was on the website until the early days of the "Scandal" when they took it down and it never reappeared. Although I'm still waiting, I asked Peter Steinberg about it when it was taken down (2020 probably) and he said they had only taken it down to tweak the language and it would be back up within days.

Interesting. It was up for longer than I thought, then. One would think that now that SGC is under the parent of Collectors, they might extend the same guarantee as PSA has. But that might be wishful thinking.

Back to the overall of this entire subject - I'd be interested to know how many hardcore vintage collectors now are subbing for review their slabs from the 90's and early 2000's, with a lot of cards that would be 3's today in 5 holders. And if so, is PSA downgrading them appropriately and paying them out? We don't seem to hear a ton of stories like that. I know people love to reholder and make old certs that start with 0's look fresh again in the Lighthouse holders - but when people do this are they taking advantage of the guarantee?

raulus · #10 10-15-2024, 07:33 PM

Quote:

Originally Posted by parkplace33

I remember that one as well.

Anyone ever get a grading company to refund if they graded a reprint card as original?

For the PSA guarantee, my understanding is there is a carve out if the card is obviously mislabeled and the card is clearly a reprint.

I did have a card (not a reprint) that was in a PSA slab that was subsequently identified as doctored. I purchased it in the slab and did not submit it myself. It took a little persistence, but in the end, PSA paid out on the guarantee, in a significant amount. Most of the story is floating around here in a thread, although I�m too lazy to track it down and link it here.

Peter_Spaeth · #11 10-15-2024, 07:37 PM

Quote:

Originally Posted by raulus

For the PSA guarantee, my understanding is there is a carve out if the card is obviously mislabeled and the card is clearly a reprint.

I did have a card (not a reprint) that was in a PSA slab that was subsequently identified as doctored. I purchased it in the slab and did not submit it myself. It took a little persistence, but in the end, PSA paid out on the guarantee, in a significant amount. Most of the story is floating around here in a thread, although I�m too lazy to track it down and link it here.

https://www.net54baseball.com/showthread.php?t=349163

Took five seconds, searched in your profile for threads you had started. LOL. Lazy indeed.

raulus · #12 10-15-2024, 07:42 PM

Quote:

Originally Posted by Peter_Spaeth

https://www.net54baseball.com/showthread.php?t=349163

Took five seconds, searched in your profile for threads you had started. LOL. Lazy indeed.

Pretty much. I didn�t mention it before, but I figured some eager beaver would be willing to put in all that effort for me. And my laziness was rewarded!

View Poll Results: Do you care about the authenticity guaranty provided by grading companies?
Yes.	48	43.64%
Sometimes.	8	7.27%
Sort of.	9	8.18%
No.	40	36.36%
Dunno. Can't say.	2	1.82%
All of the above.	2	1.82%
Some of the above.	0	0%
None of the above.	0	0%
I don't understand. Could you repeat the question?	2	1.82%
Multiple Choice Poll. Voters: 110. You may not vote on this poll

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