CSG flip with '52 Topps Mantle Type 1 vs Type 2: crossover graded "8"

[cgjackson222]

Looks like it sold for just over $1.25M with buyer's premium.

I don't see it selling for this much if it it had stayed in the PSA 7.5 slab.

The PSA 7.5 that sold for 705K by Heritage in August, 2022 was also a very well-centered, beauty of a card.

So while it didn't get to the $1.5M that SCP "estimated" (hyped) it at, which is about what PSA 8's sell for, I think it did well for the owner that had it regraded as a CSG 8.

[raulus]

Originally Posted by cgjackson222

Looks like it sold for just over $1.25M with buyer's premium.

I don't see it selling for this much if it it had stayed in the PSA 7.5 slab.

The PSA 7.5 that sold for 705K by Heritage in August, 2022 was also a very well-centered, beauty of a card.

So while it didn't get to the $1.5M that SCP "estimated" (hyped) it at, which is about what PSA 8's sell for, I think it did well for the owner that had it regraded as a CSG 8.

Assuming, of course, that the new buyer isn’t just the seller, or an associate/confederate.

[pokerplyr80]

Originally Posted by raulus

Assuming, of course, that the new buyer isn’t just the seller, or an associate/confederate.

Yea something feels off, although I hope this sale is legitimate. Given all the complaints about TPGs it couldn't hurt to have some more competition.

[cgjackson222]

Even though the card didn't get to the $1.5M that SCP estimated it was worth, I still think it is a small win for CSG and SCP.

The card is beautiful and is a great posterchild for CSG and to a lesser extent SCP. SCP is already plastering the results of the sale on all their marketing materials.

By the way, I think that SCP saying it was worth $1.5M was a good strategy. It set expectations that were almost reached.

If the sale is legit, then it is a huge win for the consigner as the hammer price was WAY more than it would have been if sold as a PSA 7.5

[parkplace33]

We had three major auctions end in the past two weeks. I didn’t see any Csg cards in those auctions.

Until that changes, I will stick to the tried but true grading companies.

[Johnny630]

Originally Posted by parkplace33

We had three major auctions end in the past two weeks. I didn’t see any Csg cards in those auctions.

Until that changes, I will stick to the tried but true grading companies.

Great Point

[Bigdaddy]

I thought all enlightened collectors are buying the card and not the holder.

Have we changed strategy?

[hcv123]

Yep, if........

Originally Posted by cgjackson222

If the sale is legit