Please Explain the Pete Rose Rookie to Me

[sportscardtheory]

I don't see how anything in this hobby can shock anyone within the hobby. You would get a Plank graded, no? You don't think a Gem Mint Plank should get more than an ungraded beat-up Plank? It's the same principle with the Rose, except a Gem Plank would sell for a LOTTT more than $80,000.

[M's_Fan]

Originally Posted by sportscardtheory

I don't see how anything in this hobby can shock anyone within the hobby. You would get a Plank graded, no? You don't think a Gem Mint Plank should get more than an ungraded beat-up Plank? It's the same principle with the Rose, except a Gem Plank would sell for a LOTTT more than $80,000.

I understand that a high graded Plank would go for much more than $80k. This is because, of course, there are 100 Planks known to exist, but there are thousands of 1963 Rose rookies out there.

I'm just amazed that people drop this kind of coin to get the highest graded example. Especially because there is a significant likelihood, 1963 not being that far away, that more and more high graded examples will surface. And as many have said, you really can't tell the difference between these high grades, yet people will pay thousands more just because the label says its higher. That is insane to me.

[4815162342]

Quick turnaround:

http://cgi.ebay.com/1963-PETE-ROSE-R...item3a5a868ff0

[E93]

That is the nicest Rose rookie I have ever seen. I'm just sayin'...
JimB

[cobblove]

Why the quick sale though? Wasnt this card just sold for 26,000 and then put back up for auction in REA and then sold for 19,000. Was this shill biding and then the seller just put it in another auction house. Who just wastes 7 grand like that? You just threw away the money to buy a straight SGC 9 for 7grand buy selling it again. Right?

[M's_Fan]

Why would the PSA 10 go for $80k, but this one for $20k? Odd.

I don't really understand uber high prices for cards that are rare only because of condition. Not only is there no difference between the upper grades to the naked eye, but especially for modern cards where new cards could surface that would grade just as high.

As a footnote to this thread that I started, I'm pretty happy with the Rose I picked up in a mixed lot on REA. Just SGC 60, but a heck of a lot cheaper!

[glynparson]

Mainly because of set registry competiton. There are far more people working on Registry sets with PSA than SGC. This card fits into the 1963 set as well as the Pete Rose sets all of which have heavy competition. Also some hall of fame rookie registry collectors might be in the competiton figuring he may someday enter the hall, probably posthumously.
I am pretty sure this card was probably attempted to be crossed to PSA at some point and probably rejected. That doesn't mean it isn't nice enough to be a PSA 10 they just probably didn't want to make that call in the holder. Even though I understand most of the nuances of grading I don't understand the price differences between 9 and 10. I get the premiums up to most levels but the difference between a 9 and 10 is so often just grader preference that I really don't get the prices paid for Gem Mint. You can usually see a difference between most grades, if you truly study the cards, but 9 and 10 the differences in my opinion often don't exist.