Quote:
Originally Posted by Lorewalker
...Market has already shown nice cards for the grade sell for premiums...sometimes huge premiums. I think it is self-serving to conclude an MBA sticker is the reason on those sales.
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As I explained above, I controlled for this factor in my model. I am not making an assumption. I tested that hypothesis using robust statistical techniques. I scored the centering of every card on a scale of 1 to 10 and included that data in the model. The model measures the impact of both centering AND the stickers. The results are that BOTH centering AND having a Gold Diamond sticker adds value to the card. Significant value. Silver stickers didn't add much, but the gold stickers did.
Quote:
Originally Posted by Lorewalker
Their cert is simply stating that they looked at the card in the holder and they feel it is nice for the grade, which anyone can do, no offense to MBA. He is not stating this PSA 6 is a PSA 8, which as a former grader, would actually be value added.
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Based on the data though, the market appears to interpret these stickers as "this card is under graded" regardless of whether or not that is his intention.
Yes, anyone can look at the card and determine that it looks nice on their own. No sticker needed. But the same is true for grading in general. Anyone can look at a card in a 3 holder and see that it's in VG condition without needing the slab. Same is true with NM cards. And buyers are fully capable of placing higher value on better conditioned cards without slabs. Just look at Greg Morris's raw card sales on eBay. The raw card market appears to account for condition just fine on its own. Yet, we still have grading companies and the market has made it clear that it values their opinions. More so than just the card's appearance on its own merit. A NM-MT raw card sells for a fraction of what that exact same card sells for if it's sitting inside of a PSA 8 slab. The same is true of MBA Gold Diamond stickers. The market values them. It values them more than just the card itself. You may not like it. You may think those who place value on such things are [insert your favorite insult here], but the fact remains; it still adds value. Value in excess of what nice centering/eye appeal would otherwise add to a card on its own.
Quote:
Originally Posted by Lorewalker
I guess I am secure enough in my life and in my ability to judge my own cards that I would not need to pay someone to reassure me and I certainly would not pay a premium for a card because it was certed by MBA but would pay a premium for a card that happened to be certed by them if I felt it was high end. Huge distinction, imo.
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There it is. Here come the jabs. People who like these Gold Diamond stickers are "insecure" lol.