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How much did it cost to have encapsulated?
I haven't had anything graded in a while and if I'm hearing correctly, the grading fee may be dependent upon the value of the card. I kind of get that, but what happens if you have a card that you think is an "8" and at that valuation it is $10K, but when you receive it, the label indicates "7" and the value of the card at that grade is half. Does that mean you paid a higher grading fee for the card? I'm totally lost these days when it comes to grading.
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fr3d c0wl3s - always looking for OJs and other 19th century stuff. PM or email me if you have something cool you're looking to find a new home for. |
#2
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Looks great and I am glad you did it!!
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me too! Good choice
Sent from my SM-G9900 using Tapatalk
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Barry Larkin, Joey Votto, Tris Speaker, 1930-45 Cincinnati Reds, T206 Cincinnati Successful deals with: Banksfan14, Brianp-beme, Bumpus Jones, Dacubfan (x5), Dstrawberryfan39, Ed_Hutchinson, Fballguy, fusorcruiser (x2), GoCalBears, Gorditadog, Luke, MikeKam, Moosedog, Nineunder71, Powdered H20, PSU, Ronniehatesjazz, Roarfrom34, Sebie43, Seven, and Wondo |
#4
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Most people underestimate their grades by about 1 number and submit with that projected valuation. Sometimes that will lead to them underpaying and getting a good grade. Sometimes PSA will upcharge them to the $9999 level since they have to underwrite the return shipping costs and that is also part of the service level.
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-- PWCC: The Fish Stinks From the Head PSA: Regularly Get Cheated BGS: Can't detect trimming on modern SGC: Closed auto authentication business JSA: Approved same T206 Autos before SGC Oh, what a difference a year makes. |
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Thank you for the responses. Wow - I'm totally blown away at the cost of grading these days. With the high valuations of cards, the grading companies must be making a lot of money.
What a racket. With card prices as high as they are now the fees must be ridiculous. Just curious, IF someone had a T206 Wagner that was raw and about VG condition, how much would it cost to have it graded? Is there some MAX fee for the TPGs? At some point, it's just ridiculous. Do they also charge these crazy fees for new/shiny 1 of 1 cards that people are paying hundreds of thousands of dollars for?
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fr3d c0wl3s - always looking for OJs and other 19th century stuff. PM or email me if you have something cool you're looking to find a new home for. |
#7
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I would have to imagine that if you have a Wagner or something of that caliber you are going to send to them, you would call and negotiate a price for the grading first. I don't know about the lower grade prewar stuff, but look at how much publicity SGC got at the National out of that Mantle.
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Vintage Cubs. Postwar stars & HOF'ers. Last edited by jchcollins; 11-22-2022 at 03:52 PM. |
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I don't speak for anyone else but for me to have that card in a slab and harder for me to mess it up and easier for me wife to not get cheated later is well worth the cost. Back in 2020 I listed a Jordan card on ebay for $20. No takers, offers, etc. Graded a 10 at PSA, sold immediately for 1500. It's a crazy 'hobby" I think PSA has a walk thru service. I can't afford those cards so I don't know what it costs. lots! |
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I think you made the right decision. Looks great in the holder and might even bring more than the "average" 1 if you decide to sell. There is such a variance in condition for cards in that grade, and I would consider your Cobb a higher end 1.
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What this seems to indicate is that people will pay more today to have a card slabbed than they actually paid for the card many years ago.
What a total scam on the TPGs part. What's really sad is that people actually buy into their business model. How do they justify the fees? They don't seem to back up what they've graded in the past too well. Does that mean, since it's a known fact, that the PSA8 (first graded Wagner) should be in a holder with an "A" that they would be responsible for paying the owner the price between the "A" grade and the "8"? If people are really paying that much to have cards graded, then PSA stock should have a high valuation. Yikes.
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fr3d c0wl3s - always looking for OJs and other 19th century stuff. PM or email me if you have something cool you're looking to find a new home for. |
#11
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How is their business model a scam? They are providing a service that (in the vast majority of cases) makes valuable cards inherently more valuable. With the exception of a questionable trimmed Wagner aside, this is certainly true for say, Marshall Fogel's PSA 10 '52 Topps Mantle (a card he paid something like $120K for 30 years ago...) or even just you and me as garden variety collectors trying to sell a nice card of a HOF'er from the 1950's. A random Ted Williams in a PSA 5 is going to sell for more, maybe even a couple of hundred bucks more - than the same card raw. There are exceptions here and there of course, and preferences vary widely - but it's hard to argue that's not more or less true. Of course people pay more today to have their cards graded than the cards were originally worth - the nominal value of each card in a pack at least up until some point in the 1980's probably was one penny per card. I don't think anyone is debating that. While I would agree with you that TPG's can engage in "scams" - it's not with their business model. They are charging an arguably nominal fee to make your card worth more and to give you the ability to sell it for more because it's in their slab with their flip and their pronouncement of grade. The "scam" in all of this lies within the subjectivity inherent in any type of grading that at the end of the day ties back to eye appeal of a vintage piece of ephemera. Yep, they got us all (including me...) pretty much there. I may hate creases and you may hate OC beyond a certain point or dinged corners, but if the card is in a PSA slab with any of that - it might still be worth more. The subjectivity and preference question is where they make their money. Oh - and with the registry and the resubs.
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Vintage Cubs. Postwar stars & HOF'ers. Last edited by jchcollins; 11-22-2022 at 04:07 PM. |
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One of the weird things about getting old..... |
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John,
Perhaps not a scam because people willingly roll with this. I guess it's how you interpret the story of the Pied Piper. One way to look at is that the Pied Piper (TPG) is pulling the rats away from the hobby and the tune ($$$) is too harmonious for people to turn a deaf ear to. Oh, not to offend any one here. I'm guessing a lot of pure hobbyist are hoping that at some point this whole mess comes crashing down and everyone runs for cover and dumps it all and people that love this for the hobby it was can again pick up the card board for the pleasure of having it for what it is and not the monetized abomination it's become. Hey, let us at least dream...
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fr3d c0wl3s - always looking for OJs and other 19th century stuff. PM or email me if you have something cool you're looking to find a new home for. |
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