Quote:
Originally Posted by OhioLawyerF5
You are making assumptions about what they find important based solely on sales of two items. Is it not possible that the reason buyers pay more for graded cards over MIN SIZE is because they find grades to be material, and they find non-altered cards to be material? If a card is graded MIN SIZE, neither of those material facts are present. The fact that the buyer misunderstands what MIN SIZE means doesn't make the size of the card the fact that is material to the buyer. It is the alteration that is material. And if there is no alteration, what difference does it make? Since the card is currently in a PSA slab with a number grade, the buyer is assured (theoretically) that the card is both unaltered, and in the condition on the slab. Which satisfies both of the material facts.
This is EXACTLY like SGC grading a card a 5 and cracking it and PSA saying it's a 7. If you don't believe you have to disclose the SGC grade, then you shouldn't believe you have to disclose the MIN SIZE grade. Both are nothing more than opinions of two different companies. Neither is saying the card is altered.
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I am SURE that if we tracked the sales of all MINSIZE cards, the data would show that the market significantly devalues them. And my analysis does not really care if that's right, or wrong, or based on misunderstandings, or stupid, or anything else. I don't disagree with what you are saying about what MINSIZE should be taken to mean, or that it probably should be abolished altogether. But the market believes what it believes, and therefore -- especially on a hugely important and pricey card -- the prior grade should have been disclosed.