Question on SGC?

[glchen]

I have a couple of other questions about declared value of the item. What if you bought a card at a substantial discount since it is of dubious authenticity? Would you just put the price that you paid for it? If it were authentic, however, the card would be of considerably greater value. The second question is similar. What if you purchased the card for lesser value for that grade b/c of the grading firm for the card? However, if the card does crossover at that grade, it would be worth considerably more? For example, at the Heritage auction, I saw a T205 Walter Johnson that was graded by GAI at 8.5. If it crossed over at 8.5 for SGC, I think the card would be worth more than it sold for. Thanks.

[Jim VB]

Originally Posted by glchen

I have a couple of other questions about declared value of the item. What if you bought a card at a substantial discount since it is of dubious authenticity? Would you just put the price that you paid for it? If it were authentic, however, the card would be of considerably greater value. The second question is similar. What if you purchased the card for lesser value for that grade b/c of the grading firm for the card? However, if the card does crossover at that grade, it would be worth considerably more? For example, at the Heritage auction, I saw a T205 Walter Johnson that was graded by GAI at 8.5. If it crossed over at 8.5 for SGC, I think the card would be worth more than it sold for. Thanks.

You need to put down the value you would expect to get back if the item was lost in transit. Selecting high or low won't impact the grade, but it would change your insurance on the return shipment.

And yes, once it's been graded, if you guessed way too low, you'll propably get a call and the shipping/insurance charge might change.

Originally Posted by glchen

I have a couple of other questions about declared value of the item. What if you bought a card at a substantial discount since it is of dubious authenticity? Would you just put the price that you paid for it? If it were authentic, however, the card would be of considerably greater value. The second question is similar. What if you purchased the card for lesser value for that grade b/c of the grading firm for the card? However, if the card does crossover at that grade, it would be worth considerably more? For example, at the Heritage auction, I saw a T205 Walter Johnson that was graded by GAI at 8.5. If it crossed over at 8.5 for SGC, I think the card would be worth more than it sold for. Thanks.

First thing is post a pic of the card here and we can tell you wether it is fake or not most of the time. May save you some hassle. Secondly I bid on that WOJO in Heritage and backed away early on. That card is no where near an 8.5 much less it crossing to SGC or PSA is already a long shot but I am sure a nice PSA or SGC
7 may fit if the card was good. There are alot of surface scratches in the gold border and some other flaws that really stand out when its close. $13xxx was way to much for the card IMO. Congrats to the seller though. Had this been in a SGC slab it would have been the highest graded example and may have sold for $20k+. Who cares about PSA anyways as everything they have seems to be the highest example graded due to lax standards

[glchen]

Thanks for the tips, everyone. Definitely made a lot of sense.

I bid on the WOJO too, and had the high bid in the beginning of the last day. I was already having dreams in my head of crossing it over to SGC, and willing to accept an 8 from SGC. Then the bidding got crazy.