Quote:
Originally Posted by vintagetoppsguy
Go crack out that same PSA 10 Jordan RC and try to sell it raw. Do you think it would sell for near the price it would as if it were still graded a 10? No way! Same card, nothing changed with the card itself. Now go have the card re-graded, but let's say it comes back a 9 this time. Does it have more value than it did when it was raw? Sure. Does it have the same value it did when it was a 10? No. Once again, same card, nothing's changed. So where is the value? Is it in the card or in the slab/flip? This isn't rocket science.
The only difference is it now has someone else's opinion assigned to it. So did grading the card add value to it, or did it add perceived value to it? If the card changes value based on the flip, then it's only perceived value. There's a difference. As someone in the financial industry, you do understand that, right? This is a hobby where many are building their collections strictly on perceived value. What happens to perceived value over time? I think even a first grader can figure that one out. 
I'll build my collection on real value. You build your collection on perceived value. How about that? |
Dude you are out to pasture on this topic. Your disgust for the third party graders has clouded your judgment to a level that can't saved.
It doesn't matter if the card would sell for the same raw after being cracked out. No one is cracking out that card.
You are like the short seller that has been betting against Amazon since it was $200 saying the valuation is unsustainable.
None of us make the rules. The market does and the market has spoken and prices cards based on a grade that is plastered on top of a plastic holder. The Jordan in a PSA 10 has gone from $6,500 in 2009 to in some cases $30,000 today. The Jeter 1993 SP has gone from $6,500 to nearly a $100,000. It is what it is.
Trying to make some philosophical argument as to why people are stupid for wanting someone else to appraise the condition fully knowing that the capital investment can have exponential returns is laughable.
Thanks for the entertainment.