Posted By:
barrysloateWhat I find forever baffling is the amount of money sunk into high grade cards when the subjectivity of grading can be so arbitrary.
A high end 7, for example, might be worth $100. But if it's resubmitted several times, it may eventually come back an 8. And in that case it may become a $500 card, or even a $1000 one- and it's the exact same card!!
So no matter how may times people say "buy the card, not the holder" the truth is collectors are in fact buying the holder. And very few people can even discern any difference between a strong 7 and an average 8, but they are willing to pay tenfold for it if it ultimately gets that magic label.
Is that preposterous, or what?