Please Explain the Pete Rose Rookie to Me

[E93]

That is the nicest Rose rookie I have ever seen. I'm just sayin'...
JimB

[cobblove]

Why the quick sale though? Wasnt this card just sold for 26,000 and then put back up for auction in REA and then sold for 19,000. Was this shill biding and then the seller just put it in another auction house. Who just wastes 7 grand like that? You just threw away the money to buy a straight SGC 9 for 7grand buy selling it again. Right?

[M's_Fan]

Why would the PSA 10 go for $80k, but this one for $20k? Odd.

I don't really understand uber high prices for cards that are rare only because of condition. Not only is there no difference between the upper grades to the naked eye, but especially for modern cards where new cards could surface that would grade just as high.

As a footnote to this thread that I started, I'm pretty happy with the Rose I picked up in a mixed lot on REA. Just SGC 60, but a heck of a lot cheaper!

[glynparson]

Mainly because of set registry competiton. There are far more people working on Registry sets with PSA than SGC. This card fits into the 1963 set as well as the Pete Rose sets all of which have heavy competition. Also some hall of fame rookie registry collectors might be in the competiton figuring he may someday enter the hall, probably posthumously.
I am pretty sure this card was probably attempted to be crossed to PSA at some point and probably rejected. That doesn't mean it isn't nice enough to be a PSA 10 they just probably didn't want to make that call in the holder. Even though I understand most of the nuances of grading I don't understand the price differences between 9 and 10. I get the premiums up to most levels but the difference between a 9 and 10 is so often just grader preference that I really don't get the prices paid for Gem Mint. You can usually see a difference between most grades, if you truly study the cards, but 9 and 10 the differences in my opinion often don't exist.

[Beatles Guy]

Though I wouldn't pay that much coin for the card, it is still sweet. I could see the appeal for someone with money to throw around. That's actually one of the cards that I had to show my wife when going through the catalog. She could have cared less but, you know

[barrysloate]

Glyn- your point just shows that for many collectors the label is the most important factor in assessing the value of a card.

[bobbyw8469]

HILARIOUS!!! Bought at REA for $20,000 then immediately put on the Bay for $30,000! Reminds me of the commercial where the guy wins the painting at auction then immediately wants to run the exact same painting thru the same auction again.....

[hcv123]

All points well made and taken. For a card like the Rose with "only" 26 PSA 9's and 1-10 ( I didn't check the sgc pop), I would tend to agree with the opinion that the "10" is over valued by some just because of the grade for which there is little difference. On the other hand with a multitude of rarities, I think there is a strong argument for "stupid" prices on high 9-10 grades - one example might be a hypothetical (nothing higher than a 4 currently exists) PSA 9 1964 Venezuelan Pete Rose.