Just an update: M101-2 cards continue to arrive regularly on ebay, in auctions or buy now, mainly raw but probably due to recent surge in prices, mainly for graded HOFers. As usual with these fragile issues, condition is usually quite flawed, but of course, still great images and large size. I had raised issue earlier of whether it was true, as some claim, that now we will see a great number of them in terrific condition, raw or graded, and at high price emerge as longtime collectors break them out in response to spike in value.
However, in contrast, I guessed that we might not see this sudden (or even eventual) appearance of high-condition versions because:
1) most of the collectors, from comments and evidence, have been happy to collect these over the years in often not great condition--or what appears to be great condition but by PSA's current too-tough standard for these (any tiny nick or crease knocks them down to a "2" or less) not likely to earn top dollar.
2) there aren't that many collectors anyway--and probably most are generally not interested in ever getting them graded (or even selling them).
3) a number of large collections (from 67/100 to 99/100) have been sold at auction houses in past year. But with one buyer's exception, versions that have emerged from them so far have, again, gotten very low PSA grades--or mainly been sold raw via ebay in very poor or so-so condition. Again, it's a case of cards that look great but even the tiniest flaw knocks down PSA grade--and people have mainly only paid high price for HOFers with decent grade.
4) It's possible that some with BGS versions with good grades (4 and above) will now break them out for PSA grades and it will be interesting to see what grades they get. I am guessing--in most cases, disappointing. And I have not heard yet of anyone doing this but it will be fascinating to learn the results. And, of course, PSA may even find a few were trimmed etc.
5) Raw cards with obvious flaws are selling at very good prices (compared to past) right now anyway.
6) Of course, all of this is just my opinion based on close study of past year and would be curious to read any responses.
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10-08-2023, 10:18 AM
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