Buying graded cards with intentions to break free to resubmit for higher grades?

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Posted By: <b>MikeW</b><p>How many of you are in the habit of buying cards that you think could grade higher with intentions of breaking them free and resubmitting them? <br /><br />Also, what are your percentages of success at obtaining higher grades?

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Posted By: <b>Joann</b><p>I've considered it on a few of my buys, but have never actually done it. With SGC cards I ususally like the look in the holder and keep it. With PSA I either keep it in the holder or break it out but never send it in. More just disorganized than anything else.<br /><br />J

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Posted By: <b>BobS</b><p>Hi Joann,<br /><br />It's nice to hear that someone else has their collection in a disorganized state. I've got items in every room of my littlle house.(yes kitchen and bathroom included) <img src="/images/happy.gif" height=14 width=14><br /><br />Regards.<br /><br />Bob<br><br>returnaddress

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Posted By: <b>steve f</b><p>I try to buy raw mostly... <br /><br />Because Beckett is the Rodney Dangerfield of vintage grading, I've cracked a dozen or so BVG's and submitted to SGC. The re-grading was surprisingly comparable and never a reject. But most buyers prefer SGC or PSA and the SGC holders look classier (but can be unsafe for thin or folded issues).

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Posted By: <b>BobS</b><p>Just curious as to what you meant by SGC holders might be dangerous for thin or folded issues. <br /><br />Thanks.<br /><br />Bob<br><br>returnaddress

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Posted By: <b>steve f</b><p>Bob, <br />I once owned a SGC T202 and because of the card design (akin to a restaurant menu), the raised player end worked it's way between the black gasket and the clear face. It's a design snafu in that the holder allows a gap and could be remedied by a thicker gasket. I was lucky to catch the flaw and made it a point to store this holder flat and not upright.

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Posted By: <b>Rob</b><p>Been a previous thread how a T222 card (really photograph paper) how it came out of the insert and crimped a corner.

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Posted By: <b>Lee Behrens</b><p>I personally have had a least a couple hundred T202s graded by SGC in my posession. I have only had one come out of the gasket, just a little tap on the counter and it was back in place. now GAI on the other hand has some real problems with this on cards of all types.<br /><br />I have cracked out and resubmitted, some success some dissapointments (a couple came back trimmed). Mostly to change from other holders to SGC.<br /><br />Lee

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Posted By: <b>BobS</b><p>Thanks, Steve, Rob, and Lee.<br /><br />Bob<br /><br />returnaddress

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Posted By: <b>edacra</b><p>Wouldn't you need a 6 grade or higher for most graded cards to start commanding a real premium though? <br /><br />I don't know if there's any rule of thought on this, but it would seem to me that with pricing fluctuations, the average card would need to grade at least 2 grades higher to make it worthwhile. Any thoughts?

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Posted By: <b>Jeff Lichtman</b><p>I don't agree. A one grade difference can be worth thousands of dollars on some issues. But for really expensive cards, who has the nerve to crack out a 7 and hope for an 8 - when you may get back a 6?

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Posted By: <b>edacra</b><p>Oh true, if we're talking about cards strictly in the $1,000 and up range....

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Posted By: <b>Gilbert Maines</b><p>I would think that you could make a profit buying/cracking/resubmitting if you bought the cards in person. However, if you try to do this based on scans, I bet that many which you receive will be lesser cards than you thought, and probably graded accurately.