Quote:
Originally Posted by ullmandds
I personally believe that if this card were to be resold with disclosure...it would lose significant value. And the opinion/mindset that it doesn't matter...is quite detrimental to the hobby.
To each their own, right! If I were a newbee attempting to enter this hobby...with full disclosure of all the corruption/skechiness abound...I'd pick another hobby!
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It depends on the level of granularity you're looking at though. Sure, he could disclose that it has been recolored and that PSA missed it, and that would certainly deter some bidders. But it won't deter the flippers who are there to profit from it. And whatever downward pricing effect it has on that single transaction is merely temporary. It has no staying power on the actual value of the card. And the act of disclosing for a single transaction has no effect on the market value of the cards itself. You are simply paying someone else a percentage of its value so you can sleep better at night. But if you thought about it more deeply, you'd realize that you haven't actually solved the problem. You're still just kicking the can down the road. That card WILL end up with another buyer who pays full price for it and who finds themselves in the same predicament as you. And at the end of the day all you did was put a few hundred bucks into some flipper's pocket.
You can place a value on a disclosure. Sure, no problem. Sell it without one, then sell it with one and calculate the delta. But whatever that value difference is, it would be dwarfed when compared to the value delta between what it sold for with disclosure and what it sold for after cracking it out and having it reslabbed as "Authentic Altered". If you want to actually do the "right thing", then you have to crack it out and put it in an AA slab before you sell it. And you'd better be prepared to repeat the process for the majority of the cards in your collection. Hats off to anyone who is ready for that level of commitment to the hobby and to their moral compass. Because anything shy of that is just a self imposed tax one pays to help them sleep better at night.