Quote:
Originally Posted by rocarroll
Piggy backing on what I said earlier about it being a "self fulfilling prophecy" I really do think it is a heard mentality. People think PSA is better cause that's what other people are telling them. Its almost like certain auctions that take place and their stuff sells for more just because they are selling it. Have you ever noticed when PWCC has an auction on EBAY their cards sell for about 30%or more than they would if I were selling them. I looked at that previous auction that closed recently and compared it to almost identically graded cards selling at the same time by individual buyers and they were going for way more. Tolstoi PSA 3's by an individual selling for in the $80s PWCC going for $110-120. In short its a reputation that has no real gold backing the currency so to speak. People just think its better.
If an industry wide rumor started next week that SGC was better within a month you would see the pricing reverse.
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when talking about things with no real useful purpose....value is what people will pay for things...so whatever mentality it is why people by things..its the fact they are buying them.....value is what someone will pay for it..so what people think no matter what the reason is what the market is..