Mile High Results

[iwantitiwinit]

Originally Posted by Peter_Spaeth

It's only incomprehensible because you are thinking of it as a card. It's not, it's a commodity.

I don't know if I agree with that Peter, while it technically is a commodity by definition all cards are commodities as they are products. I say its incomprehensible because to me the maximum value of the item is significantly less than 30k no matter how you chose to view it as a card, a commodity or an irreplaceable one of a kind item. Again thats just me.

[Peter_Spaeth]

Originally Posted by iwantitiwinit

I don't know if I agree with that Peter, while it technically is a commodity by definition all cards are commodities as they are products. I say its incomprehensible because to me the maximum value of the item is significantly less than 30k no matter how you chose to view it as a card, a commodity or an irreplaceable one of a kind item. Again thats just me.

Perhaps I should say a commodity independent of the card to which it is attached -- i.e., a flip.

[Leon]

Originally Posted by Peter_Spaeth

Perhaps I should say a commodity independent of the card to which it is attached -- i.e., a flip.

Quite honestly, and this isn't meant to be a slam at all, but for a registry collector the flip is far more important than the card. As pointed out the difference between a 9 and a 10 is only an opinion. The cards are the same and on any given day the 10 could be a 9. All hail to flips....

[1952boyntoncollector]

Originally Posted by Leon

Quite honestly, and this isn't meant to be a slam at all, but for a registry collector the flip is far more important than the card. As pointed out the difference between a 9 and a 10 is only an opinion. The cards are the same and on any given day the 10 could be a 9. All hail to flips....

Before flips and NM card became Mint depending on who was selling the card in their description.......there is less arguments from online transactions with flips than raw cards....just check out the battlefield threads..... the internet and flips sort of work hand and hand .

[Leon]

Originally Posted by 1952boyntoncollector

Before flips and NM card became Mint depending on who was selling the card in their description.......there is less arguments from online transactions with flips than raw cards....just check out the battlefield threads..... the internet and flips sort of work hand and hand .

I am not denying that. Grading/authentication by TPG's is good. I am only saying that a 9 can be a 10 and a 10 can be a 9 on any given day. So it's the flip that is the important part to a registry collector not the card. (which is fine too, it doesn't hurt me )

[Peter_Spaeth]

Originally Posted by Leon

I am not denying that. Grading/authentication by TPG's is good. I am only saying that a 9 can be a 10 and a 10 can be a 9 on any given day. So it's the flip that is the important part to a registry collector not the card. (which is fine too, it doesn't hurt me )

Many many 10s are 9s that were bumped. Whether the bumps were impartial or had to do with the identity of the submitter, well, I leave that to you.

[MattyC]

Originally Posted by Leon

Quite honestly, and this isn't meant to be a slam at all, but for a registry collector the flip is far more important than the card. As pointed out the difference between a 9 and a 10 is only an opinion. The cards are the same and on any given day the 10 could be a 9. All hail to flips....

Wanted to add that the same can be said of many other grades. I have played the crack resub game, and had some cards come back very consistently, while others were a 6 one time and a 7.5 another time. Once cracked a 7 and it came back a 9, as I knew the 7 was a total mistake. So the subjectivity abounds at all grades. One can say at the very low grades there is such a fine line-- is a card a 2 or a 3? A 2.5? Tough to parse at that level as well sometimes.

It's also worth noting in this discussion that not all 9s and 10s are indeed the same. Sometimes it is actually easier to parse a 9 from a 10 that a 2 from a 3, if for example the 9 has one tiny flaw that lets you know off the bat it will never 10. Of course, that said, there are many 10-worthy cards hiding in 9 holders. All depends on the unique, individual cards in question. Though guys who find high end 9s and believe in them often will be persistent until they get that 10 on review, so such 9s are becoming scarce. In fact all "high-end" cards, which by that term let us say means a card that looks under graded, are likely becoming scarce at all grades as they are hunted down for sport and reviewed.

Regarding the assertion about Registry Sets, the majority but I hope not all can be characterized that way. It certainly does seem from browsing around there that 99.99% of the sets contain what I would call either over-graded cards or cards with low eye appeal for such high grades-- indicating that, Leon, you are spot on. The interesting thing is that high grade and high eye appeal are not mutually exclusive qualities in a card, and so a beautiful registry set with cards that are all worthy of their high technical grades is very possible, surely some must exist. I am trying to build one such Registry Set, and all I care about is the card, and that it is the exact card I love and am looking to feature for that issue.

[Fred]

It's funny to read that cards are commodities but I guess you can think of them as that. It only takes two people to want something so bad that the final hammer seems ridiculous to most. So, what happens after everyone that want's a "10" Reggie, gets the card? What's the card worth then? It's only one auction away from dropping 50% in value.

I'm not a huge Reggie fan but I tell you what, he could hit that ball and he was a very colorful player in his day. But I'd still rather spend my money on Johnson's, Jackson's and Ruth's so I'm hoping that the "10" Reggie buyers don't become too interested in real vintage stuff (maybe they are).

[1952boyntoncollector]

Originally Posted by Fred

It's funny to read that cards are commodities but I guess you can think of them as that. It only takes two people to want something so bad that the final hammer seems ridiculous to most. So, what happens after everyone that want's a "10" Reggie, gets the card? What's the card worth then? It's only one auction away from dropping 50% in value.

I'm not a huge Reggie fan but I tell you what, he could hit that ball and he was a very colorful player in his day. But I'd still rather spend my money on Johnson's, Jackson's and Ruth's so I'm hoping that the "10" Reggie buyers don't become too interested in real vintage stuff (maybe they are).

don't kid yourself though....theres a bunch in the hobby that love the vintage big name guys that aren't going anywhere Ruth/Johnson etc...

but theres a bunch of PSA 10 or best possible grade collectors out there.....there was that baseball player that only collected 10s...there are a lot of guys that just collect 10s......

[Peter_Spaeth]

Originally Posted by 1952boyntoncollector

don't kid yourself though....theres a bunch in the hobby that love the vintage big name guys that aren't going anywhere Ruth/Johnson etc...

but theres a bunch of PSA 10 or best possible grade collectors out there.....there was that baseball player that only collected 10s...there are a lot of guys that just collect 10s......

The Registry was a stroke of genius, even if an accidental one. As was the meaningless IMO grade of Gem Mint.