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  #1  
Old 07-25-2021, 06:56 PM
brian1961 brian1961 is offline
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Default How is it best to approach PSA to persuade their price guide personnel to change ...

What's the best way to approach PSA to persuade their price guide evaluation team / individual that an item should be reviewed once again and its value adjusted higher, based upon an auction result from a prominent auction house?

The card in question is not a nonentity; rather, one of PSA's selections as a "TOP 250 SPORTSCARDS". -- Brian Powell
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  #2  
Old 07-25-2021, 07:03 PM
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Peter_Spaeth Peter_Spaeth is offline
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Quote:
Originally Posted by brian1961 View Post
What's the best way to approach PSA to persuade their price guide evaluation team / individual that an item should be reviewed once again and its value adjusted higher, based upon an auction result from a prominent auction house?

The card in question is not a nonentity; rather, one of PSA's selections as a "TOP 250 SPORTSCARDS". -- Brian Powell
Why bother, nobody uses SMR any more, they use actual results which are also on PSA's website.

I tried many times unsuccessfully years ago with Joe on some absurdly undervalued prices they had.
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Last edited by Peter_Spaeth; 07-25-2021 at 07:04 PM.
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  #3  
Old 07-25-2021, 08:23 PM
brian1961 brian1961 is offline
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I suppose you're right, Peter, but collectors do look at the guide, out of whack as it is sometimes. PSA certainly seems to give some cards great attention and gracious price evaluating, whilst others get re-evaluated once in a great while, with only a token price increase.

I realize just because I think a particular card is very special does not mean PSA will also think so. Or, rather, what they consider as a more important card, and price it to "the moon", and while I agree with their price for that important card, I find it frustrating that what I think is an equally important and desirable card of the same type and caliber, with an even more intriguing background story, they seem to ho-hum it compared to the card they fancy.

Be that as it may, it will usually be tough to convince them of my case, when I'm the owner of said case.

I might as well say it. I'm referring to the July 10, 2021 Memory Lane Auction of the Dr. Thomas Newman Collection, specifically lot 491. Currently, the PSA Price Guide lists this card in Near Mint for $35,000. The result of the MLAuction ended at $68,125. The price includes the buyer's premium, which ostensibly should be factored in anyway, since the winner shan't receive the card for the hammer bid. The last time this particular card was auctioned was the fall of 2015, when it sold for $31,366. Thus, the opportunity to own it is quite infrequent.

The card PSA seems to tout a lot more is the 1954 Wilson Franks Ted Williams. I understand; that's a great card from a great set. It truly deserves the recognition. Whereas, the Mantle comes from a set that is extremely hard to find in high grade. Many, many more people collect the Wilson set, whilst few collect the Stahl-Meyer Franks. Be that as it may, when one considers the PSA Master Set Registry for the two players in question, there are currently 52 registrants for the Ted Williams PSA Master Set Registry, whilst the number of collectors involved in the Mickey Mantle Master Set Registry is at 173 collectors. For each registry, the sheer potential cost is staggering. Be that as it may, that is not the issue of my OP.

If you have any more thoughts, Peter, I welcome them, as well as from any of you others.

Best regards, Brian Powell
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  #4  
Old 07-25-2021, 08:45 PM
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The result of one auction does not establish a market price.

What you seem to be saying is, "I paid $68,xxx for a card, and now I want PSA to tell the world it is worth what I paid."
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  #5  
Old 08-01-2021, 08:04 PM
Republicaninmass Republicaninmass is offline
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The result of one auction does not establish a market price.

What you seem to be saying is, "I paid $68,xxx for a card, and now I want PSA to tell the world it is worth what I paid."
It's happened
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  #6  
Old 07-25-2021, 08:45 PM
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I agree with Peter. The prices in the SMR are uselsss.
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  #7  
Old 07-26-2021, 06:18 AM
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I agree with Peter. The prices in the SMR are uselsss.
Agreed. You would get a more accurate guide just looking at Ebay's completed listings over a given time frame. For rarer cards, VCP is an excellent guide.
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  #8  
Old 07-26-2021, 06:28 AM
Johnny630 Johnny630 is online now
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An accurate price is usually found by not considering PWCC as a Comp.
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