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Old 01-23-2024, 05:43 AM
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Snowman Snowman is offline
Travis
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Join Date: Jul 2021
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Quote:
Originally Posted by Fred View Post
Now that the auction is over, I'll post a picture of a correctly graded card and ask:

Would you buy this, break it out, soak it, send it in for grading, and then sell it?

The card is graded a "1" due to the crud on the back. Watching Kurt's videos, I'm sure the crud could be easily removed.


The card has nice centering and could probably come back graded a 3.5 (or better). The price difference could be up to $1K (from the price for a "1").

Worst case, if it came back AUTH due to someone detected the soaking, you could still probably break even on the card because it has very nice visual appeal.

The final hammer (with BP, but no taxes or shipping added) was $900.

Any guesses if we'll see this card cracked, soaked, resubmitted and back to an AH? Probably better to just sell it without the AH this time around.

Yes, the buyer will certainly be attempting to clean this card up. Nearly every time a card like this gets auctioned, the buyer is someone that believes they can fix it. Cards like this sell closer to their potential, as opposed to their current state. They almost never sell for "comps" because people who know how to clean them compete against each other and will always outbid someone who is just bidding on the card with no intentions to improve it.

No, I did not win the card. But I do know who did.

As for whether it will end up back at an auction house in the near future in a higher slab? My guess is no, it won't. The buyer picked it up for their PC.
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