Quote:
Originally Posted by prewarsports
I think some of the older photo collectors who now can not afford photos they used to buy would say the slabbing process is ruining the hobby. I guess it depends on who you talk to. Everybody knew it would drive prices of the really high end stuff way up, but I dont think it really changed the prices of $200-$1000 photos much.
Rhys
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Good point as always Rhys. The difference between Legendary's November auction (photos) and December auction is the PSA LOA. We had a good thread about how we all felt about the
lack of descriptions in their catalog, was basically evasive at best.
So, it is
my belief that soon, many photos between the $400-1000 range will be submitted, and of course
content and
not the slab will be the main factor that determines the prices of said photos. The slab is there to give buyers confidence that what they are buying is indeed legit.
It is quite clear that photos can be fantastic collectibles, but many new collectors are not yet able to tell the difference of a TYPE I or to the lesser valued TYPE II or III, but they will most likely have ten fold confidence in bidding on a slabbed photo rather than a raw one, regardless of price.
My best, Jimmy