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#1
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A Good News Story on GAI !!
Posted By: Mike
I had a bit of a situation with GAI regarding a rather expensive box of wax that I had left with them to auction or sell. It was sold around the same time that their site and phones went down so obviously, I was a bit freaked out. |
#2
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A Good News Story on GAI !!
Posted By: Matt
Mike - can you explain what the original arrangement was - you left them something that they said they would sell for you? |
#3
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A Good News Story on GAI !!
Posted By: Joe D.
consignments. |
#4
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A Good News Story on GAI !!
Posted By: barrysloate
I don't get it either. You left a box with GAI to auction or sell? I didn't know GAI ran auctions. |
#5
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A Good News Story on GAI !!
Posted By: Bobby Binder
They started a division called Passport where they grade the cards and hold them. Post it on eBay and sell and ship them out. Think it was started around the National and have not seen very many of their auctions maybe a few hundred. |
#6
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A Good News Story on GAI !!
Posted By: davidcycleback
That's right, I forgot about that. You can consign your cards via GAI. The info has been listed on their site for a while, so it's nothing covert. Beckett has essentially the same thing, with Beckett having an eBay id. |
#7
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A Good News Story on GAI !!
Posted By: Matt
This obviously opens the door for conflicts of interest - give the accurate grade or bump it up to get a higher commission. The only way I would be comfortable with this is if the decision by the card owner to consign could only be made after the card was graded. |
#8
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A Good News Story on GAI !!
Posted By: davidcycleback
I think a card grading company's longterm success is directly based on on how well they grade cards. Consignments or no, if they grade cards well, they grade cards well. If grading is poor and inconsistent, collectors will figure this out before long and avoid the product. |
#9
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A Good News Story on GAI !!
Posted By: barrysloate
I agree it's a conflict of interest. Since GAI is starting anew, that's one service they may want to deep six. Graders should just grade; there are numerous other ways to sell baseball cards. |
#10
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A Good News Story on GAI !!
Posted By: Jay
This is the business model from hell, in my humble opinion. |
#11
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A Good News Story on GAI !!
Posted By: barrysloate
Jay- count me in on that opinion. |
#12
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A Good News Story on GAI !!
Posted By: Sean C
1). held your box, not contacting you about it while they were being evicted from their office |
#13
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A Good News Story on GAI !!
Posted By: Jim VB
No, no! You're missing out on the good idea here! |
#14
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A Good News Story on GAI !!
Posted By: barrysloate
Nope Jim, not gonna happen. |
#15
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A Good News Story on GAI !!
Posted By: Al C.risafulli
Barry, I'll disagree with that last comment. |
#16
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A Good News Story on GAI !!
Posted By: JIMcrandell
Everybody was happy???? |
#17
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A Good News Story on GAI !!
Posted By: barrysloate
Authenticating has helped the hobby greatly. |
#18
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A Good News Story on GAI !!
Posted By: Bottom of the Ninth
I am for plastic and grade everything, for the most part. The concept of grading has some inherent problems but it is a necessary "evil" and it has become the great equalizer. I know the board is mixed with PSA vs SGC supporters but I think they have made the market stronger for all. |
#19
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A Good News Story on GAI !!
Posted By: barrysloate
Greg- mixed blessing doesn't mean it is bad; it means some good, and some bad. |
#20
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A Good News Story on GAI !!
Posted By: Steve
Barry |
#21
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A Good News Story on GAI !!
Posted By: leon
You asked the question to Barry, and he certainly might give his answer, but I don't think the card hobby would have grown the way it has without grading. Corey, Barry, and I all agree that we would like to see an "authentication only" service...with no number grades. An AUT grade, in that arena, wouldn't carry a stigma the way they do today with respect to knowing there is an issue where the card couldn't receive a number. There is no doubt there is some more comfort in buying cards due to grading. (I don't need to caveat that statement as it's a give there are problem cards in holders)..regards |
#22
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A Good News Story on GAI !!
Posted By: Dave Haas
Additional good news. I received the money order from GAI today for my Ruth card. |
#23
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A Good News Story on GAI !!
Posted By: Robert
I have never understood why Beckett (and now GAI that I am aware of) are even allowed to sell authenticated/graded items. I agree with Matt and Barry that this poses a huge conflict of interest, which is even greater for Beckett. At least GAI only authenticates/grades and then sells items. Beckett also prices the same items that they are selling. I still remember in the early 2000's how Beckett would spotlight a card or cards, and miraculously they would skyrocket over the next couple of price guides (i.e. '98 SPx Millwood and Ordonez RC's). These 2 cards shot up around 800% over the span of 2 price guides. If a company has the ability to influence the grade (in the case of GAI), or additionally the "current market price" (in the case of Beckett), it is the parallel to insider trading in stocks. There is a reason that is not allowed ... a conflict of interest. Outside of that, I hope GAI is back up and running for good. I have rarely used their card grading, but have used their authentication services for literally 1000's of items and have great respect for the GAI core founders/operators. If you made it this far in my post, thank you for reading my ramblings. |
#24
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A Good News Story on GAI !!
Posted By: barrysloate
Steve- there were serious problems before the advent of the grading services, but most of them had to do with unsuspecting buyers getting stuck with trimmed and altered cards. |
#25
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A Good News Story on GAI !!
Posted By: leon
I know you aren't saying this, but I am also chiming in, that no one begrudges the PSA Registry thingy. If folks want to do it and it's good clean fun...and keeps the participants off of the streets at night, more power to them....All collectors compete a little in some form or fashion, as we all want the best we can get with the resources we have to use....regards |
#26
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A Good News Story on GAI !!
Posted By: barrysloate
I realize the set registry is important for a certain segment of the hobby, and that people like to compete. And I don't begrudge it. I'm simply saying the authenticating service that is available far outweighs the importance of the grading service. |
#27
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A Good News Story on GAI !!
Posted By: BCD
as absurd as it is has really helped sellers of cards and coins that's for certain. |
#28
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A Good News Story on GAI !!
Posted By: Steve
Barry I'm not sure I fully understand your point regarding just authenticating. The major graders do that and grade the card. I agree the authentication part is as valuable as the grading part. However with that said i have seen many (in all holders) overgraded and undergraded too. How many times have we cracked and submitted a card and got two different results? As long as they are in the ballpark I have no problem, it is when cards have issues (centering, marks etc) that I need to really check a card out. A card with a small pencil mark on the reverse will be IMO nicer then one where the marks creat a mustouche<sp> on the players face. |
#29
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A Good News Story on GAI !!
Posted By: leon
That is the whole point about authenticating and not putting a grade on the slab. I think Barry means (as he and I have spoken about it many times) that we would like a service to just tell us if a card is good ie ..not tampered with...and leave off the numerical grade. take care |
#30
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A Good News Story on GAI !!
Posted By: barrysloate
Exactly. I took pride in learning to grade carefully and accurately. Now I've lost complete interest. Why should I bother? |
#31
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A Good News Story on GAI !!
Posted By: peter chao
Barry, |
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