 |
|
||||||
 |
|
|||||
 |
 |
 |
 |
 |
 |
 |
 |
|
|
||||||
|
|
|||||
|
|
|
|
|
|
|
|
|
|
|
#1
09-02-2009, 11:52 AM
|
|||
|
|||
Although an interesting analysis, the specifics of the results appears flawed by the mechanics of the transition to the new board from the old, wherein the views does not properly carry over.
Sorting by "Replies" yields similar characteristics in the results, although differing threads, meaning that some of the more recent uproars are not as significant. Although the darker side of the hobby still dominates. That's just human nature. What makes the front of the newspaper everyday? The good? Or the bad? 
|
|
#3
09-02-2009, 12:36 PM
|
||||
|
||||
|
I believe only one person here has complained about grading by auction houses -- I suspect that in the scheme of things this is a minor issue, particularly where in most cases I imagine it increases the sale price of the cards. I doubt it is used as a profit center (that is, charging the consignor more than it cost the auction house).
|
|
#4
09-02-2009, 12:41 PM
|
|||
|
|||
|
Quote:
|
|
#5
09-02-2009, 02:10 PM
|
||||
|
||||
|
If it's a profit center, then cards may be graded unnecessarily.
|
|
#6
09-02-2009, 02:35 PM
|
||||
|
||||
|
A recent post on the non-sports board stated that the standard Legendary consignment contract calls for grading fees to be assessed at a rate of $8.00 per card. That consignor of non-sports cards was "surprised" by a $40,000 charge.
I know from talking to other collectors that some have been able to negotiate bulk prices from PSA, in the neighborhood of $5.00 per card. (Legendary has to be using PSA exclusively, right? They couldn't be sending stuff to SGC, could they?) At first glance, this looks like another potential profit center, but Legendary does have some costs involved in handling, processing and shipping, so it doesn't seem too outrageous to me. I think the big surprise is that many grew to expect that Mastro used to eat these fees. Apparently, Legendary is passing them along. It sounds harsh after the fact, but people should read these contracts upfront, or not bitch about it after. There are still plenty of real issues to complain about with
|
|
#7
09-02-2009, 04:43 PM
|
|||
|
|||
|
Jim -- that is my point
And there is nothing negative intended here to Legendary/Mastro/Silk Road intended. Rather; I actually wonder if that is way auctions houses "should go"; whether auction houses should make that a profit center (if even it is small); and whether auction houses can make profits in other ways (Just think is Mastro had sold their old shipping tape they used)
I think it is currently standard for most auction houses to "eat" grading charges; but is that really the best business policy. Remember; most auction houses are now only making money on pre-graded cards from the buyer as in most cases the seller is selling the card without a commission. I don't know the answer to this question -- but I'm curious as to "profit center" or break even -- and did every card that was sent in "HAVE" to be graded. And I guarantee you; if we have had two people mention those grading fees; I would wager there have been others. Another question would be, if you had to send a "bat" or "uniform" to a grading service. Again; does the auction house have to eat those charges. I'll give you an example -- and I'd love to hear responses from those who might sell this item (and yes, this is self serving). I have a NJ Generals (USFL team) Jacket which was issued to Maurice Carthon and signed by him. I bought the Jacket in the 1980's from a friend of mine who supposedly bought out the Generals of their jackets and my Beckett buddy Theo Chen got me the autograph sometime around 1996. Now; if I gave that item to an auction house; should THEY have to pay for both authentications or should I pay for that as part of their services. Or is there a middle ground. Again; I DO NOT know the answer; but I consider that an interesting question for the experts. Regards Rich
|
 |
|
|
Hybrid Mode
