PWCC E98 Black Swamp (De-Identi-) Find

[T206Collector]

Including last night's (April 9) auction, over the past month (since March 12), PWCC has auctioned 62 E98s, many of which were very high grade, and almost none of which were identified on the flip as Black Swamp Find (perhaps just two: Bender Red PSA 9, and Bridwell Orange PSA 7)

As far as I can tell, up to 59 of these appear to be new additions to the BSF universe (not the Wagner Blue AUT, or the Bender, Bridwell), as opposed to cross overs or reholders -- albeit not labeled as so. For example, there are no BSF Brown Reds below a 7:

https://www.psacard.com/pop/baseball...8-set-30/36067

But, on March 12, PWCC sold a 6 which looks like it came from the same collection:

https://www.ebay.com/itm/1910-E98-Se...p2047675.l2557

Similarly, there are no BSF Bresnahan Reds below a 6. But last night, PWCC sold a 5 from the same collection:

https://www.ebay.com/itm/1910-E98-Se...IAAOSwh8xcn6cv

Here is the PSA cert link for that Bresnahan, which shows that it was sold by PWCC last night (and that there are only 3 graded higher - of course, only if you don't count the BSF reds, where 17 more are graded higher):

https://www.psacard.com/cert/42404232/

If I am right -- as I previously mentioned on this thread (http://www.net54baseball.com/showthr...ighlight=swamp) -- I think what is happening here is the BSF family members (or their associates) have held onto some of these since 2012, and are "strategically" leaking them into the market. As I mentioned in that thread, I have exchanged a few correspondence with the family, and understand that their deal with Heritage was for 5 years, which expired in 2017.

And the serial numbers line up in HUGE quantities. So, if someone is reholdering a bunch of "Black Swamp Finds", why did they leave Bender Red 9 and Bridwell Orange 7 off the list?

Spot checking a lot of these, I identified 175 newly holdered E98s:

From 42404231 through 42404280 (50 cards)

From 42404294 through 42404323 (30 cards)

From 42404331 through 42404374 (44 cards)

From 41243594 through 41243644 (51 cards)

That's 175 new E98s that have been certified by PSA, 59 of which were sold by PWCC over the past month. The ones that are identified as publicly sold on PSA's website are all, I believe, identified as PWCC sales. This suggests that PWCC has (perhaps well) over 100 left to sell in upcoming auctions.

I'd be really interested to learn whether someone thinks these are just PSA re-holders or cross-overs from SGC. Though why somebody would spend so much money to reholder 175 E98s to remove the BSF designation would certainly surprise me. Otherwise, this means there could be well over 100 minty fresh E98s still to hit the market from the 2012 find. And, sadly, it lends credence to the conspiracy theory that someone is still minting these...

Somebody please prove me wrong! I encourage you to check my work at https://www.psacard.com/cert/14635406