View Single Post
  #6  
Old 07-29-2019, 05:49 PM
Beastmode Beastmode is offline
J@ohn B.ar#ne.s
 
Join Date: Jun 2015
Location: Bay Area
Posts: 332
Default

Quote:
Originally Posted by swarmee View Post
There is a whole thread on Blowout critical of Joe Orlando's column.
https://www.blowoutforums.com/showthread.php?t=1308245

The problem with technology being added to the process is the additional timeline and cost. IMO, you can't add it only to higher level submissions. It has to be all or nothing. A major part of this issue is the submitter slipping high dollar cards in bulk submissions so they'd be graded by less experienced (theoretically) graders. Plus, you can't have a split registry concept where only high value or high grade cards are properly authenticated for one "vetted" registry, and everything else in an "unvetted" registry. A registry divided across itself cannot stand.

So if PSA or Beckett or SGC now have to charge a minimum of $25 to grade any card, will people still submit cards? Will PSA Set Registry collecting die or decrease?
People have already howled about bulk submissions going from $5.50 a card or so to $8/ea in the past three years.
Agreed, and this is where PSA has their head entirely up their ass. The lower tier does work, just make it clear what the process is. Lower tier grading involves no warranty, no checking for trimming, no reviewing of alterations, etc. Take 5-10 seconds looking at the card, then encapsulate. Lots of folks just want their card graded/slabbed, and for the most part, those cards are not altered anyway (commons/modern). The market will determine the value of those cards based on the disclosures of the process for grading. At least we all know what we are buying. No doubt if you have a '55 Clemente, you're not using this process

Then offer the premium service with a different color label. Charge big money for a through review, a real warranty, latest technology, etc. The review would be a flat fixed fee, with a sliding scale for the warranty liability. Disclose the process in detail for the market to digest. You'll have thousands of re-submitter's because the red-cert cards are tainted. Buyers will be wondering why you haven't re-holdered that red-cert vintage card. The cream will rise to the top, and eventually, the unaltered authentic vintage cards will make their way to this high-end label.

The biggest losers of this entire fiasco are card owners with authentic unaltered vintage cards in red-cert slabs. I say this with peace and love, but if your paying anywhere close to retail for any vintage red-cert PSA card right now, you're an idiot.
Reply With Quote