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#1
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I RELIZE WHY DEALER'S LOVE PSA
Posted By: mike wrenn
I attended the L.I classic this past weekend on Long Island, New york. To try to find out info from dealer's on why they love PSA. After browsing many tables and listening to dealer's chat with each other and customers. I kept hearing the same tune over and over agian. As dealer's chatted away I kept hearing them discribing there graded PSA cards to each other as this card is over graded that card is over graded. There answer to each other was I don't care if it's over-graded or not I'll just make more off the card. After hearing this, I ask one of the dealer's what happens to the person who buys the over-graded card from you and I was told that I don't grade the cards I just sell them and as long as I make more money off a over-graded card, I'll sell them all day long. Then I ask him that the customer get screwed then correct, He said any body who buy's PSA graded cards |
#2
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I RELIZE WHY DEALER'S LOVE PSA
Posted By: Jim F
Mike. First of all, any dealer talking like that is a clown and not a reputable dealer. Second, if you are at a show looking at the cards in person, pay more attention to the card and not the label. If YOU think it's over graded, don't buy it!! We can argue all day about consistency and the flaws of each company, but the bottum line is the major grading companies are needed when it comes to internet trading. I would rather take the word of psa than some unknown person on ebay with photoshop selling his Mint cards. As far as the grading companies causing prices to go up, that's one of the silliest things I've ever heard!! WE drive prices up. Only demand or lack of it, can move a market. If collectors do not bid against each other for cards, the prices go down. Show dealers just try to reflect realized prices but it is much, much harder to get top dollar at a show rather than at auction. And of course there are still your run of the mill, borderline scumbags that try and catch you sleeping, but it's up to you to do your homework before you put your hand in your pocket. If you're not comfortable, just say NO !! Jim |
#3
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I RELIZE WHY DEALER'S LOVE PSA
Posted By: cmoking
"I was then told that the grading business is a business and the three majors are in it to make money, there first and major priority. " |
#4
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I RELIZE WHY DEALER'S LOVE PSA
Posted By: quan
there's a downward trend in 3rd party grading in term of the strictness... |
#5
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I RELIZE WHY DEALER'S LOVE PSA
Posted By: Neal K
like those two dealers were idiots ... |
#6
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I RELIZE WHY DEALER'S LOVE PSA
Posted By: Andrew Parks
Quan, |
#7
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I RELIZE WHY DEALER'S LOVE PSA
Posted By: HandsAtNeck
When the between grade price warrants it, cards will be resubmitted continuously until each is in the highest graded holder attainable. Then every card will be the minimum quality to barely make the grade. To a large extent this is what happened with coins. Is this bad? No, it is ridiculous. |
#8
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I RELIZE WHY DEALER'S LOVE PSA
Posted By: quan
you're not mastro or rea , send it to bcd and he'll show u the crease/wrinkle with his patented loupe. |
#9
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I RELIZE WHY DEALER'S LOVE PSA
Posted By: Brett
i don't need to pay like $10 for PSA or SGC to tell me my creased to hell cards are in fair to poor shape. i blame the grading companies for the price of cards. |
#10
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I RELIZE WHY DEALER'S LOVE PSA
Posted By: RP60
Can we all say eBay? In recent years I have purchased some beautiful PSA 3's from the T205 set, and all HOFers. .A Jennings 3(85) Marquard 3(75) Bresnahan mouth closed 3(90) Wallace with cap 3(110)..Griffith 4(120) Huggins 4(100)..I go to ALL the shows in the NY area and smile as I walk past the cases. All the cards I just mentioned with comparable grades start at 175 and go up to 275 and sometimes a little bit more..Knowledge is POWER.. |
#11
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I RELIZE WHY DEALER'S LOVE PSA
Posted By: Andrew Parks
I got it now, Quan! LOL |
#12
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I RELIZE WHY DEALER'S LOVE PSA
Posted By: John Kal
The cards I buy are too expensive to buy raw. If I bought my recently purchased '48 Leaf Ted PSA 7 raw (at a show or on eBay) it would almost assuredly be trimmed. It's happened to me a few times and I refuse to buy nice old cards ungraded. SGC is more consistant than PSA and makes fewer mistakes, but I trust them both to protect me from the altered card. GAI--I have my doubts. I think PSA has become too big and corporate and slip-ups happen, but PSA cards hold or increase in value. Buy the card, not the grade. Grading is not the only reason prices are up: nice old cards are drying up and more people are after them. |
#13
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I RELIZE WHY DEALER'S LOVE PSA
Posted By: T206Collector
...one of the reasons more people are after them is because it is harder to get screwed by dealers selling trimmed cards, thanks to SGC. Does SGC ever grade a trimmed card? I'm sure there are examples. But by and large, you have a pretty good idea what kind of card you are getting when you get it in an SGC holder. It makes the whole experience of collecting a lot more fun for me (and, obviously, by the rising prices, a lot more people). |
#14
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I RELIZE WHY DEALER'S LOVE PSA
Posted By: leon
Yes, SGC has graded trimmed cards. I had a very poor experience with an ebay seller after I bought a T213-1 Huggins portrait, supposedly in EX condition. I got it and it was definitely trimmed...ie wavy, short, and 2 corners were sharper than the other 2. All of the telltale signs. I returned it to him and a while later I saw it listed on ebay, in an SGC 30 or 40 holder. I called SGC and one of the graders looked at it with me, on ebay, and said something to the effect that it was too high of a price for them to do anything about. I still think SGC is far and away the best, but they all make mistakes.....regards |
#15
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I RELIZE WHY DEALER'S LOVE PSA
Posted By: BobC
I usually keep my own counsel on this stuff but this can't be ignored. |
#16
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I RELIZE WHY DEALER'S LOVE PSA
Posted By: Steve K
Anyone who doesn't understand the value of graded cards should visit the baseball card shops in Cooperstown, NY. I visited the Hall three summers ago and afterwards stopped into most of the town's card shops which are within easy walking distance. It was like going back in time to a town's card shops of "yesteryear" - I don't remember seeing a single graded card in any shop - but there were plenty of cards...overgraded, trimmed, retouched, etc., etc., etc., etc., etc. |
#17
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I RELIZE WHY DEALER'S LOVE PSA
Posted By: JimB
And let's not forget that we can even make claims like "this card is undergraded" or "overgraded" because PSA and later SGC were consistent enough that the general collecting public became aware of a grading standard that has become broadly accepted across the hobby. Before third party grading dealer claims about a card being vg or ex or whatever varied wildly. There was little to no concensus in practical terms about what constituted any given grade. |
#18
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I RELIZE WHY DEALER'S LOVE PSA
Posted By: Anonymous
I have had seemingly opposite experiences from you. The shows I have attended recently, pretty minimal but I try to get to a few a year, are filled with dealers selling ungraded cards overgraded and at graded card prices. The few dealers that had graded material was overpriced or were graded by lower tier grading companies. |
#19
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I RELIZE WHY DEALER'S LOVE PSA
Posted By: Jim Crandell
About 15 years ago the hobby was on life support as vintage collectors had completely lost faith whether cards were altered or not. Vintage nrmt-mt cards were receiving no bids from reputable and disreputable dealers alike. PSA came along, collectors gained confidence in buying graded cards, and the hobby is thriving today. |
#20
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I RELIZE WHY DEALER'S LOVE PSA
Posted By: John J. Grillo
There are advantages and disadvantages, so I do not think the hobby is better 1 way or the other. I like the registry (both PSA and SGC) not for competition, but simply to track and showcase my collection. There are many collectors who love the competition aspect of the registry and that's fine by me as well. |
#21
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I RELIZE WHY DEALER'S LOVE PSA
Posted By: Al Crisafulli
I don't think grading has saved the hobby per se', but I get Jim's point, and agree with it. |
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