PSA 10 E98 Wagner mistake

[Peter_Spaeth]

To me, the whole concept of the 10 (or 98) grade is meaningless and rather arbitrary (although great marketing). If a card is Mint it should be essentially flawless, so the notion of an even higher grade makes no sense.

[4815162342]

Originally Posted by Peter_Spaeth

To me, the whole concept of the 10 (or 98) grade is meaningless and rather arbitrary (although great marketing). If a card is Mint it should be essentially flawless, so the notion of an even higher grade makes no sense.

I think the human eye can distinguish between PSA/SGC/Beckett Mint (9/96/9) and Gem Mint (10/98/9.5), but can anyone tell me how to distinguish Gem Mint from Pristine (??/100/10)? The fact that SGC and BGS even have a Pristine grade would lead us to believe that there are flaws in Gem Mint cards. Now that makes no sense Peter.

[cobblove]

Do we know when and how they are going to start selling the Cobb PSA 9s? Sorry if its been told already. Would love to put some bids on a few.

I am just curious if the upper right corner has a ding in it. It looks a though it does on the blown up scans on HAs web site. Anyone else see it?

[Peter_Spaeth]

Originally Posted by 4815162342

I think the human eye can distinguish between PSA/SGC/Beckett Mint (9/96/9) and Gem Mint (10/98/9.5), but can anyone tell me how to distinguish Gem Mint from Pristine (??/100/10)? The fact that SGC and BGS even have a Pristine grade would lead us to believe that there are flaws in Gem Mint cards. Now that makes no sense Peter.

I would bet that if you took, say 50 10s and 50 9s of a mass-produced modern card, cracked them all out, and resubmitted, many 10s would come back 9s and vice versa. And judging by scans of the Dmitri Young collection, I'm not so sure on somewhat older cards there is a meaningful difference between 9s and 10s either. I think it's mostly marketing and hype.

[Tao_Moko]

I just don't buy the incorrect slabbing excuse and surprised at how easily it was accepted. I wish my customers allowed do overs.....I'd win every bid ever quoted on.

[Leon]

Originally Posted by Tao_Moko

I just don't buy the incorrect slabbing excuse and surprised at how easily it was accepted. I wish my customers allowed do overs.....I'd win every bid ever quoted on.

Yes, do overs would be great if that is what this "grading" was. I think those are called "reviews". This was not a grading mistake or review though. The EXACT same cards are now just in each others holders, the way they should have been to start with. Nothing personal but I can't imagine, with the same cards in the same holders, just reversed, how anyone is coming up with some sort of conspiracy. I knew it would happen though . It's ok, it happens every time. It's part of having a lot of folks on the board. Our board is actually very predictable, again, no worries there.

Greg- yeap, glasses could be needed . I know I am blind without mine.

Jeff- I have not heard how the rest will be sold nor do I know of anyone or anywhere that has had that info. I hope to get a bit more news early this next week and might be able to help with a few answers.

[calvindog]

I'm late to this story -- but how are the rest of the cards in the find going to be sold? I see that Heritage is selling one near-complete set. What about the rest of the cards?

[Peter_Spaeth]

Originally Posted by calvindog

I'm late to this story -- but how are the rest of the cards in the find going to be sold? I see that Heritage is selling one near-complete set. What about the rest of the cards?

I wonder how much more the set would have fetched had the extent of the discovery not been broadcast and made known through the change in the pop report. It may not be analagous, but when there was a massive find of high grade 52 Bowman high numbers it drove prices way down, as could have been expected.

[Leon]

Originally Posted by Peter_Spaeth

I wonder how much more the set would have fetched had the extent of the discovery not been broadcast and made known through the change in the pop report. It may not be analagous, but when there was a massive find of high grade 52 Bowman high numbers it drove prices way down, as could have been expected.

Believe me Peter, that thought was taken into consideration (not putting them out out there at once to keep the prices down somewhat). However, I know this is going to be hard for a lot of people to accept, the auction house (I don't know about the consignor) didn't want to do it that way and hose people that bought the first cards. Shudder to think they would do something that helps hobbyists.

[barrysloate]

Prices for the very best cards will be strong. They'll have no trouble getting top dollar for the PSA 10 Wagner and all the PSA 9 Cobbs.

The PSA 7 commons, on the other hand, will probably be sold by the pound. Those are going to be cheap.

[botn]

Originally Posted by Leon

Believe me Peter, that thought was taken into consideration (not putting them out out there at once to keep the prices down somewhat). However, I know this is going to be hard for a lot of people to accept, the auction house (I don't know about the consignor) didn't want to do it that way and hose people that bought the first cards. Shudder to think they would do something that helps hobbyists.

If you put a pair of those glasses in your next auction I am going to place a crazy top all! What is good for hobbyists, is ultimately good for those who sell to them, is it not?