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Old 05-24-2012, 08:27 AM
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frankbmd frankbmd is offline
Fr@nk Burke++
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Default It's not that complicated

All systems are flawed, but

If I buy a loaf of bread that has a bit of mold on it when I open it, do I stop eating all together?

If my car develops an oil leak or a squeaky wheel, do I take an axe to it and start walking and never buy another?

If a card dealer sells me $50,000 worth of raw cards for $100,000 claiming they are NM and then years later, when I need some cash, offers me $20,000 because the same cards are only VG in his humble opinion, do I shoot him?

I would submit that the answers are no, no and no.

In the first case the merchant would likely replace the loaf of bread or refund my money and I would continue eating.

In the second case, the dealer or a mechanic would fix the problem and I would continue driving.

In the third case my $50,000 worth of "graded" cards would average EX, a few might be NM and some might be VG, even if they were all in slabs with PSA 5 or SGC 60 affixed. Reasonable sellers and buyers could agree upon the market value at the time of purchase and at the time of sale. The original buyer might make a profit or a loss depending on market values at the time of purchase and the time of sale. The original dealer could make a "reasonable" profit at the time of sale and then make a "reasonable" profit when he resells the same card. Plus he would not need to invest in a bullet proof vest and if he was savvy, he would find that he could expand his market on something called the internet.

I have over 1000 graded cards and probably 100,000 raw cards. I once placed 237 raw cards spread out on my dining room table and observed them for a week. They remained in the same place for the week, became a bit dusty, but not once did any of them take a breath.
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