Quote:
Originally Posted by timn1
*Edited to clarify that I have never done any business with Greg Morris either as buyer or consignor.*
Seems to me that gm does a lot of Topps era set breakups, and obviously most of those cards will be bought by other set collectors. Most set collectors, except for the registry types, don't want to have to mess with graded cards. Who wants to have to pay for and store 598 graded cards, most of which are worth less than the cost of grading?
So Morris has developed a sensible model where he tries to assign raw cards grades that will be generally accurate. Many people find them accurate enough that they buy from him repeatedly, therefore he is successful. It's not rocket science, just a sensible market niche and business model.
To the guy who said Morris is a joke: Like some others have said in this thread, I am amazed that any dealer would give a refund under the conditions you described (except the card that graded trimmed). And if I were that dealer and did give those refunds, you can bet that i would ban that customer from that point, as not worth the hassle. What you asked for, and your comment in this thread, were totally unreasonable. Guarantees of authenticity are fine, but if you want a guarantee that a card will achieve a certain number grade from a TPG, you have to buy it already slabbed in that grade!
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GMC does well because buyers are looking to score on grading these raw cards and getting high grades. Its a gamble, maybe it is worth it to these buyers.
I see the same thing at card shows this year. Buyers looking to score off of raw buys. Dealers that have a ton of raw cards at cards shows do well.
But ask yourself this questions when you buy raw... if it is such a high grade card and raw, why is the dealer/GMC selling it this way? Why aren't they grading it?