SGC to PSA Crossover Submission Results

[Peter_Spaeth]

I can't help but wonder what would have happened had you submitted Ruths and Gehrigs.

[cmcclelland]

Yes - submitted in the SGC holders. Sorry for the formatting above - can't figure out how to get it spaced out better.

If they were Ruths and Gehrigs, there is not doubt in my mind that PSA would not have crossed them over.

[nolemmings]

I wonder how you would have fared if you had cracked them out. I suspect there is an inherent downward bias on crossovers. Has anyone ever received a bump from PSA on a cross-over? In any event, good luck with your sales, Colt.

[Jay Wolt]

Interesting that most of the grades were in line w/ some getting lesser grades, none getting higher grades.
Wonder what the outcome would be if the cards were submitted ungraded?

[whitehse]

Originally Posted by Jay Wolt

Interesting that most of the grades were in line w/ some getting lesser grades, none getting higher grades.
Wonder what the outcome would be if the cards were submitted ungraded?

I think it depends on if the cards that were graded by SGC have the old flip or the new flip. I am being serious when I say I think when the new labels came on the scene tighter grading also arrived. I have about 7 cards I feel are undergraded by SGC and would love the opportunity to crack these out and see what PSA would give me.

As to the OP, I would have been petrified to send them in to PSA in the SGC holders. I would have thought they would have hammered you on the grades worse than they did. You have some guts thats for sure!

[frankbmd]

Years ago I had purchased 20 T206 cards in early GAI holders for very reasonable prices ranging from 2.5 to 7 on their grading scale.

I decided a couple of years ago to get them all in SGC holders, but I cracked them all out and submitted them raw.

Fortunately every card received a numerical grade from SGC.

Four received grades higher than their GAI grade.
Four received the same grade as their GAI grade.
Twelve received a lower grade from SGC, with three receiving a grade 2.5 lower.

Overall the group lost 13 grade points or .65 grade points/card.

I have since moved 10 of the cards, one of the no change cards and 9 of the cards with grade reductions. In SGC holders the ten cards have sold for an average of $40 per card more than my purchase price. Two of the sales were aided by having rarer backs that had escalated in price, but only 3 of the 10 resulted in losses.

I have kept the other ten cards from the ex-GAI group. They would appear to realize similar gains if and when they are sold. Overall I am pleased with the results. Had they been submitted in the GAI holders as a crossover submission would I have received 4 grade bumps in the right direction. I'll never know.

I have never played the crossover game with PSA. I am a collector and not a flipper or dealer. Buying at the right price, considering the condition of the card and the grade and the XYZ letters on the slab, has served me well when I sell due to upgrading my collection.

[Rich Falvo]

Originally Posted by frankbmd

Years ago I had purchased 20 T206 cards in early GAI holders for very reasonable prices ranging from 2.5 to 7 on their grading scale.

I decided a couple of years ago to get them all in SGC holders, but I cracked them all out and submitted them raw.

Fortunately every card received a numerical grade from SGC.

Four received grades higher than their GAI grade.
Four received the same grade as their GAI grade.
Twelve received a lower grade from SGC, with three receiving a grade 2.5 lower.

Overall the group lost 13 grade points or .65 grade points/card.

I have since moved 10 of the cards, one of the no change cards and 9 of the cards with grade reductions. In SGC holders the ten cards have sold for an average of $40 per card more than my purchase price. Two of the sales were aided by having rarer backs that had escalated in price, but only 3 of the 10 resulted in losses.

I have kept the other ten cards from the ex-GAI group. They would appear to realize similar gains if and when they are sold. Overall I am pleased with the results. Had they been submitted in the GAI holders as a crossover submission would I have received 4 grade bumps in the right direction. I'll never know.

I have never played the crossover game with PSA. I am a collector and not a flipper or dealer. Buying at the right price, considering the condition of the card and the grade and the XYZ letters on the slab, has served me well when I sell due to upgrading my collection.

That's interesting to read. I just cracked out a T206 in a GAI 3 holder and sent it raw to SGC. I'm curious what it will come back as.

[Peter_Spaeth]

Originally Posted by cmcclelland

Yes - submitted in the SGC holders. Sorry for the formatting above - can't figure out how to get it spaced out better.

If they were Ruths and Gehrigs, there is not doubt in my mind that PSA would not have crossed them over.

Yeah I think with the higher ticket cards you run into the politics of it.

[Rhotchkiss]

Maybe this is a dumb question, but I never submit, let alone seek to cross-over: I assume they still charge you even if they won’t give you the minimum grade requested, and thus don’t slab the submission? If so, is it full freight even where you are seeking to cross a $20k+ card and thus paying a ton in fees?

[calvindog]

Originally Posted by Rhotchkiss

Maybe this is a dumb question, but I never submit, let alone seek to cross-over: I assume they still charge you even if they won’t give you the minimum grade requested, and thus don’t slab the submission? If so, is it full freight even where you are seeking to cross a $20k+ card and thus paying a ton in fees?

I don’t believe you pay unless they slab.

[Rhotchkiss]

Thanks Jeff. Frankly that seems a bit odd, as they have to review the card in order to make the determination that it won’t grade and would be allowing free Hail Mary Cross-over or upgrade attempts and encouraging same, but you certainly may be right. If they do not charge, I may attempt a few cross overs!

[calvindog]

Originally Posted by Rhotchkiss

Thanks Jeff. Frankly that seems a bit odd, as they have to review the card in order to make the determination that it won’t grade and would be allowing free Hail Mary Cross-over or upgrade attempts and encouraging same, but you certainly may be right. If they do not charge, I may attempt a few cross overs!

lol so you wait four months to learn they won’t slab your card — and pay full price. Jesus H.

[MikeGarcia]

Originally Posted by calvindog

I don’t believe you pay unless they slab.

..-- Joe O. business model : you pay...--

..

[pokerplyr80]

Originally Posted by calvindog

I don’t believe you pay unless they slab.

I believe the opposite is true. You pay full price for a cross over or bump attempt regardless of the result.

[swarmee]

You definitely pay the grading fee unless they seem it Minsize or factory miscut if it doesn't cross.
And if you look at the OP Diamond Stars, most of them bumped a grade. Congrats!

[commishbob]

Originally Posted by cmcclelland

Yes - submitted in the SGC holders. Sorry for the formatting above - can't figure out how to get it spaced out better.

If they were Ruths and Gehrigs, there is not doubt in my mind that PSA would not have crossed them over.

I’m really clueless when it comes to some of the terminology and I don’t understand what this part means. PSA would not grade/slab them because????

Sorry for being a submission newb.

[Peter_Spaeth]

Originally Posted by commishbob

I’m really clueless when it comes to some of the terminology and I don’t understand what this part means. PSA would not grade/slab them because????

Sorry for being a submission newb.

Because as a matter of politics it's very difficult to get them to assign an equal or higher grade to an expensive card.

[cmcclelland]

Some cards did receive a higher grade than my minimum crossover grade, but none received a higher grade than the original SGC grade. I should add that I did not feel that any of the cards were worthy of a higher grade than SGC had already assigned them, and I felt that those where I assigned a lower minimum grade for crossing could fairly be assessed that grade if submitted raw. So, the only cards I was disappointed with were the 13 that did not cross, as I felt they were worthy of crossing over at the assigned grade. Also, you pay the grading fee whether it crosses or not.

In the end, I think I will come out ahead in terms of the amount I net on selling these now that they are in the new PSA holders. I think most buyers value the new PSA holders a bit higher due to the perceived new stricter PSA standards (same with the new SGC holders). In addition, I think that especially for mid-grade commons (like a lot of these are) PSA cards not only sell for a higher price, but are much easier to sell. This is probably due in large part to the popularity of the PSA set registry.

[RedsFan1941]

i think you did well. Congratulations,

[swarmee]

Originally Posted by commishbob

I’m really clueless when it comes to some of the terminology and I don’t understand what this part means. PSA would not grade/slab them because????

He believes there is an additional bias against higher valued cards, and PSA (or any grading company) would not bring them in from another company's holder at the same grade.

[bobbyw8469]

Whoever thinks PSA is going to look at a card and not charge you really needs to rethink the way they operate....lol