![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
|
#1
|
|||
|
|||
![]()
Posted By: barrysloate
The past several days have brought to light a number of disturbing events in the vintage card hobby. First and foremost, the embarrassing fiasco with the bogus T206 Wagner will showcase many of the seedier aspects of the baseball card hobby. On a related thread, respected hobby veteran Brian Goldner discussed some graded cards he purchased that were clearly tampered with. Steve Verkman, who has handled his share of vintage cards, stated that many of the higher grade slabbed cards have been altered and missed the scrutiny of the authenticaters. Likewise, although I must leave the details confidential, I was involved in a large deal that fell through because it was purported that some very valuable high grade cards were no good even though they were all encapsulated. As cards become more expensive, there is a greater incentive to alter and counterfeit them in ever more sophisticated and difficult to detect ways. How is the hobby prepared to deal with these very dangerous issues? |
#2
|
|||
|
|||
![]()
Posted By: peter ullman
apparently...it's not! The hobby needs it's core of respected experts...like yourself Barry to form some type of venture to adress this need! I'm sure most of us on this board with expertise in vintage cards would happily give up our day jobs to handle cards all day...I know I would! |
#3
|
|||
|
|||
![]()
Posted By: Chad
I think the numerical grading of cards has become a monster and compels people to try to alter cards. There's just too much money at stake for many to resist the temptation. All I want from an authenticator is to slab the card and let me know that it's authentic and not altered and I'll decide if I like the card's presentation. Eventually a service to cater to folks like me will be created and a lot of the pressure put on people to stretch and trim vg-ex cards into ex-nmt cards will evaporate. At least I hope. |
#4
|
|||
|
|||
![]()
Posted By: peter ullman
Good point Chad...I totally agree! |
#5
|
|||
|
|||
![]()
Posted By: Seth B.
Maybe I'm just an optimist, but I sort of think it will take care of itself. Didn't this happen right before the bubble burst in the 90's as well? I mean, follow this equation: as sportscards get ever more expensive, people start counterfeiting more frequently and deviously. Then, people with a lot of money (who are helping to drive up prices on cards) but not a lot of expertise start getting burned more and more often and eventually get scared away. When they leave, the inflation of card prices slows or even drops, and there's less incentive to counterfeit or scam as there's less money involved and most people still left are the die-hards with enough know-how to spot a fake. |
#6
|
|||
|
|||
![]()
Posted By: Joe D.
They have to be vigilant in creating tamper-proof slabs, and must be careful in their authenticating of cards. |
#7
|
|||
|
|||
![]()
Posted By: Chad
But how many unaltered cards will there be left? |
#8
|
|||
|
|||
![]()
Posted By: Jim Manos
For thoughs of you that know me and have spoken to me in deepth. That is exactly why I don't collect cards. I love the hobby and buy and sell cards. But the BS that goes in to some of the grading and what people do and get graded is incredible. There is alot of things people can do with paper now and the graders cannot pick it up. I have numerous story's that would make your toe's curl. As a equity and currency anaylst we are in about March 31st of 2000 in this hobby as far as prices and value's are concerned. Super post again.. |
#9
|
|||
|
|||
![]()
Posted By: Al C.risafulli
This is precisely the reason why I COLLECT cards and don't INVEST in them. The only "investment" I make in baseball cards is an emotional one; shelling out money requires some degree of available funds, but I try and do it only with disposable income or with money I generate from the sale of other cards. |
#10
|
|||
|
|||
![]()
Posted By: Brian
At least w/ PSA, SGC and mostly with GAI, an EX card will not have a nail or bullett hole... |
#11
|
|||
|
|||
![]()
Posted By: Jim Manos
If the bottom falls out I would still buy and enjoy the hobby... Some people may not be able to take a big hit if the card market bottomed out. Many people hate the tradition markets ie... after the dot booms... and have put $ in untraditional areas like cards, art work, cars, etc... I put alot of $ in the card market in that time frame and just could not experience another hammer blow, so jumped ship. Different strokes for different folk's. |
#12
|
|||
|
|||
![]()
Posted By: Judge Dred (Fred)
It's just our society... everyone wants PERFECT things... many people will stoop pretty low to make sure they get those pretty perfect things... |
#13
|
|||
|
|||
![]()
Posted By: Seth B.
Chad- you're right, and that's too bad, but that's why I collect cards in the VG and that's why they call it "Collector's Grade." I've taught myself enough to spot a fake, but maybe not enough to spot rolling, trimming, soaking, smoking, steaming, and dry-cleaning. And even if you are an expert, when most of the business is done on e-bay, there's no way you can tell everything in a scan of a card. So, I collect VG cards, cards I'll be happy to have when prices drop and I can buy even more VG cards! |
#14
|
|||
|
|||
![]()
Posted By: Chad
I collect vg, too, but mostly that's a matter of affordabilty for me. I really do like things that look old, too. Steel toys look cooler than the plastic stuff I grew up with. Vintage refrigerators and toasters and fans look better to me than the new stuff. I'm not a person who thinks the past is always better than the present--quite the opposite, actually--but things seemed to be built with more care way back when. The lithography of vintage cards or the photographic cards of a lot of vintage Cuban sets knock the socks off the stuff produced now. But I'm veering from the topic of this thread, so I'll stop. |
#15
|
|||
|
|||
![]()
Posted By: Rhys
This is EXACTLY why other hobbies have organized and have self policing aspects of the organization. Antique collectors societies exist for almost every other hobby in the world except Sports Collectibles. You pay a small due and have rights and responsibilities as a member. Dealers and collectors who engage in shady acts will loose their membership and the reasons for such can be known throughout the organization. Those without a membership are looked at with a crooked eye (dealers anyways) sort of like how people react to private auctions on ebay. It will not solve all the problems in the hobby, but it certainly would solve some of them. I think my fathers dues every year as a member of the TCA (Train collectors Association) were like $15 annually but for that cost you also got discounts for shows and a newsletter etc. My brother Rhett and I grew up around it so it seems natural, and in most other hobbies, it works pretty well. It probably will not happen in Sports Collectibles, but it should. |
#16
|
|||
|
|||
![]()
Posted By: barrysloate
Someone mentioned that many of these card altering shenanigans were taking place in the 1990's, and that was certainly true. The response was the advent of the grading services, which were formed not only to grade but to detect these alterations. Now it is coming to light with greater frequency that altered cards are getting encapsulated anyway. What's the defense to that? Do cards that were graded five years ago have to be resubmitted to be looked at with ever greater scrutiny? I don't know the answer, but it is a serious concern. With regard to Rhys's post, what can the network54 community do to help clean up parts of the hobby that need policing? We are a pretty powerful and educated group, and there must be something a large field of experts can do similar to what Rhys suggested. |
#17
|
|||
|
|||
![]()
Posted By: Peter_Spaeth
None of this is news, is it? Isn't one of the reasons there was a market for PSA in the first place that altering cards had become rampant in the late 80s and early 90s? Surely since the first card PSA graded, there has been speculation, or maybe even proof, that cards that had been altered in ways generally deemed unacceptable were being graded by grading services. I think in answer to Barry's question, it's just an inevitable fact of life, and each of us who collects will have a different response, ranging from indifference to buying lower grade cards to refining choice of grading services to changing personal views on what sorts of alterations are acceptable, and so on. I don't think it's going to destroy vintage card collecting though; we are all too addicted, among other things. |
#18
|
|||
|
|||
![]()
Posted By: leon
First of all great post, Barry. I think it was Barry Halper that tried to start a National Collectors Club (or something like that) back in the early 80's. Not sure if it ever got off the ground but the mention of a society for vintage baseball card collectors is not new. This post got me thinking about my collection so I stumbled over to it and see that my main collecting grade is in the SGC30-SGC50 area's, with only a few higher. Personally I like both high grade and mid grade (and a few lower) but my resources, and maybe in the long run "dumb luck" has me collecting "collector" grade. I think there is too much depth in the vintage card market for there to be a Black Monday of sorts. Too many collectors/investors to buy anything that looks like a good or great buy. I have to admit if the market totally crashed and my cards were worth nothing that it would hurt financially. I would still have the great little gems to enjoy though.....BTW, anyone that doesn't think a lot, if not most, very high end, 90-100 year old cards are untampered with, is a little bit naive...imo...best regards |
#19
|
|||
|
|||
![]()
Posted By: Corey R. Shanus
Some of the problems can be addressed by simply having more knowledgable and experienced graders. The fact that the altered cards that Barry refers to ultimately came to light means that to at least some degree the problem is unqualified graders. |
#20
|
|||
|
|||
![]()
Posted By: barrysloate
Corey- interesting and sensible idea, but would it be embraced by the collecting public? People like precision, especially at the high end. |
#21
|
|||
|
|||
![]()
Posted By: barry arnold
very insightful post Barry. |
#22
|
|||
|
|||
![]()
Posted By: steve f
I like Chads' ideas... Although I cringe at the thought of resubmitting our graded cards, I would be pleased just knowing the things were "AUT" with a qualifier of Altered (if need be). Of course, for sellers, far more work would be needed in close-up scanning and answering condition inquiries. |
#23
|
|||
|
|||
![]()
Posted By: Peter Spaeth
I agree with Barry that Corey's idea, however sensible, will not catch on. Present grading systems are already deeply entrenched, especially with set registries etc., and if anything there may be a movement towards more false precision (.5s) than away from it. As for better graders, that would be great, but (assuming for argument's sake) some people here would be better than some of the present graders, how many of you are going to give up your day jobs to go grade cards all day? I am guessing the major grading services train their graders as well as they know how. |
#24
|
|||
|
|||
![]()
Posted By: cmoking
Leon wrote: "BTW, anyone that doesn't think a lot, if not most, very high end, 90-100 year old cards are untampered with, is a little bit naive...imo...best regards" |
#25
|
|||
|
|||
![]()
Posted By: Chad
If we took numerical grades off the cards, then, yeah, the seller would have to supply better scans, be more attentive to questions and make sure they kept their reputation in the highest regard. Of course, I think that should be happening already. I bring ebay up because, what I'd like to see them do as a way of establishing seller reputations, is show me only the feedback the seller has for the category I'm shopping in. I only want to know how buyers of baseball cards feel about a seller, not what buyers of the seller's bulk packaged swizzle sticks think. I know they won't, but it doesn't hurt to air this stuff out. Maybe somebody from Google is lurking around here. |
#26
|
|||
|
|||
![]()
Posted By: Jim Manos
Regardsless if Leon meant 70% I think without question pressing, soaking etc.. to get that high grade card is being done to acheive the better grade ie... 7,8,amd 9's no question. Exception's to the rule's apply. But I strongly agree with 70% or more..I wouldn't take the risk, but someone knowing what there doing could cash in easy... My 2 cents. |
#27
|
|||
|
|||
![]()
Posted By: Peter Spaeth
If "alterations" include soaking that many people find acceptable (without more), then I think the 70 percent for NM and better is very likely accurate. |
#28
|
|||
|
|||
![]()
Posted By: Griffin's
I don't think it's limited to high end cards. I've seen and heard of a lot of 1's and 2's getting cleaned up and becoming 4's and 5's (or 50's and 60's if you prefer). With the surge in prices the motivation is there, and the skills of those doing the altering have exceeded the ability of those doing to the grading to detect it. |
#29
|
|||
|
|||
![]()
Posted By: barrysloate
Chad- what you are suggesting is exactly how I conducted my business in the 1980's and 1990's. I was forced to grade my cards as accurately as possible because that was the only way I could keep my customers coming back. I'm sure I made some mistakes but I took alot of pride in learning how to be precise. Today, because all the cards I sell are graded by a third party service, I'm not embarrassed to admit I barely look at them and if they are misgraded or altered I probably wouldn't catch it. Since my word versus the grader's word is meaningless, I've lost interest in a skill I developed over the years. That's just a fact of life. |
#30
|
|||
|
|||
![]()
Posted By: leon
My assumption was only more often than not, for the altered high end cards, in holders. A 50.1% is all I was actually referring to although it is in fact probably higher. It would be very interesting to take 100 PSA 8 and PSA 9 T206's and give them to an impartial expert, like Derek Grady (though his roots were at SGC I am sure he could be unbiased today) and see how many he thinks are tampered with. My guess is over 50%. Go set registry !! ....for the record I am in the camp of thinking that says taking something off of a card that was not mfg'd there is not altering. It is debatable though....regards |
#31
|
|||
|
|||
![]()
Posted By: David Davis
It doesn't make sense to resubmit cards. If cards that have been altered are still getting through the cracks, what are the graders/authenticators going to do different for cards that have already been graded? |
#32
|
|||
|
|||
![]()
Posted By: Chad
I recently sold cards on Ebay for the first time and I didn't even bother describing the graded stuff. The raw stuff I took pains to describe the cards flaws but it seemed pointless to point out that the SGC 40 I was selling was actually a hell of a lot nicer than the PSA 4 or that the PSA 3 presented better than the SGC 40. It's an unfortunate buy product of third party grading. I still think there can be a happy medium and I still think that we haven't gotten there yet. |
#33
|
|||
|
|||
![]()
Posted By: warshawlaw
and one we've had before. What we have right now is merely a perfect storm of old issues coming up coincidentally at the same time. |
#34
|
|||
|
|||
![]()
Posted By: FYS
"Someone mentioned that many of these card altering shenanigans were taking place in the 1990's, and that was certainly true. The response was the advent of the grading services, which were formed not only to grade but to detect these alterations. Now it is coming to light with greater frequency that altered cards are getting encapsulated anyway. What's the defense to that? Do cards that were graded five years ago have to be resubmitted to be looked at with ever greater scrutiny? I don't know the answer, but it is a serious concern. With regard to Rhys's post, what can the network54 community do to help clean up parts of the hobby that need policing? We are a pretty powerful and educated group, and there must be something a large field of experts can do similar to what Rhys suggested." - Barry Sloate |
#35
|
|||
|
|||
![]()
Posted By: Lee Behrens
To most of us this should come as no surprise, we have continually posted graded cards that are questionable. I don't think the sky is falling it just seems that better education would suite buyers. |
#36
|
|||
|
|||
![]()
Posted By: edacra
maybe in the future we'll value cards by their character instead of how sterile they are. |
#37
|
|||
|
|||
![]()
Posted By: dd
I prefer paper(or cardboard) to plastic. |
#38
|
|||
|
|||
![]()
Posted By: barrysloate
To FYS: Yes, I have heard for years that the T206 Wagner graded PSA-8 has been trimmed. However, I have never had the opportunity to see the before and after pictures firsthand. Therefore, it is inappropriate for me to be the one to come forward. For those few who have seen them, they are free to respond if they are willing to deal with the controversy. As far as submitting cards myself, I have sent a few to PSA but for the most part I use SGC. I feel they are the most accurate of the big three. |
#39
|
|||
|
|||
![]()
Posted By: FYS
Barry, |
#40
|
|||
|
|||
![]()
Posted By: barrysloate
I've gotten in enough trouble over the years. I think I will defer and leave that story for someone else. |
#41
|
|||
|
|||
![]()
Posted By: FYS
"I've gotten in enough trouble over the years. I think I will defer and leave that story for someone else." - Barry Sloate |
#42
|
|||
|
|||
![]()
Posted By: John_B_California
I know this topic has come up many times before, but I have to play devil's advocate when it comes to the amount of trimmed, altered or otherwise "bad" pre WWII PSA graded cards. |
#43
|
|||
|
|||
![]()
Posted By: Judge Dred (Fred)
Damned if you do, damned if you don't. |
#44
|
|||
|
|||
![]()
Posted By: barrysloate
The thread was about a general trend in the hobby, and observations made by collectors who handle high grade cards on a regualr basis (which I don't). It was not meant to single out a particular card. And to repeat, without concrete evidence it would be a story based on hearsay. Yes, I have my personal doubts about the card, but that is not sufficient and wouldn't hold up well in an article. |
#45
|
|||
|
|||
![]()
Posted By: ScottIngold
Then why start a thread asking how to help the situation if you are unwilling to take measure, |
#46
|
|||
|
|||
![]()
Posted By: joe brennan
Where do you start? I don't think you start here on an open forum. I think the words proof and lawsuits come into play dealing with a card of this magnitude. I would be very suprised if anyone would pony up the proof facing lawsuits from the hugh corporations that would be involved if this matter was discussed much further. JMO |
#47
|
|||
|
|||
![]()
Posted By: barrysloate
I have no idea how PSA feels about the matter, but I am sure if we've heard the stories about it they have too. |
#48
|
|||
|
|||
![]()
Posted By: Judge Dred (Fred)
Run Forrest, Run... |
#49
|
|||
|
|||
![]()
Posted By: warshawlaw
John B. California: That there are relatively few 9-10 T206s in terms of overall percentages does not disprove concerns about altered higher grade cards. First of all, you did not count 7s and 8s. Anything over ex-mt from that era commands big registry bucks and is nice enough looking to be considered for alterations, especially hairline crease removals and stain removals. Add in the 7s and 8s and where are we? Second, you can pull any single set out of the air as an example but accumulate that over all prewar sets of all cards over ex-mt and there is quite a hefty number. |
#50
|
|||
|
|||
![]()
Posted By: Al C.risafulli
Here's a question I've asked in the past, but never really understood the answer to. |
![]() |
Thread Tools | |
Display Modes | |
|
|
![]() |
||||
Thread | Thread Starter | Forum | Replies | Last Post |
When It Was A Hobby | Archive | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 8 | 10-16-2007 09:10 AM |
Troubling Auction Purchase | Archive | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 27 | 08-16-2006 02:39 PM |
Your hobby doesn't do anything. | Archive | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 30 | 07-17-2006 02:10 PM |
When It Was A Hobby | Archive | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 4 | 07-06-2005 10:17 AM |
When it was a hobby . . . | Archive | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 15 | 04-01-2005 07:15 PM |