Regarding the topic of complete sets not registered, I would agree that there are easily hundreds of '69 complete sets sitting in binders across the nation. However, I would wager that only a select few would grade out 8.2 or 8.3 or better for the entire set. This is a very tough set to complete in high grade and there can't be that many high quality ungraded sets out there.
Warning: several assumptions are made in this post.
<< <i>I would agree that there are easily hundreds of '69 complete sets sitting in binders across the nation. However, I would wager that only a select few would grade out 8.2 or 8.3 or better for the entire set. >>
Lets say 400 1969 sets exist raw. Lets say that only 20% of the cards, equally distributed, would grade at 8 or higher. That means for any single number, there are roughly 80 cards out there to be graded 8.
How much would that Mike Shannon sell for if the pop goes from 1 to 81?
Where have you gone Dave Vargha CU turns its lonely eyes to you What's the you say, Mrs Robinson Vargha bucks have left and gone away?
Regarding the price of 9's, I think alot depends on the population. If you're talking about an Al Dark, then $20 is about right. But when you get to tougher cards like a Yaz All-Star, then they bring the $800-2000 price tags. Some cards probably have more than 100 that are 9's or better thanks to consistant centering and several vending "finds" over the years. But the ones like Mike Shannon and Lou Brock that were produced with very inconsistant quality will always carry a high premium (though $499 for the Shannon is out of line in my opinion). The last time I checked, not one PSA 9 Lou Brock had been graded yet. Compare this to some of the first series commons with tens of PSA 9's and you'll see how varied the quality was.
I highly doubt there will ever be 81 Mike Shannons graded in 8. Though I also highly doubt the population will remain at 1 for much longer. Though there may be 50-100 high grade '69 sets out there, chances are, they all contain cards that are less than NM-MT. And of the small percentage of cards that are less than NM-MT, most of those cards will be the problematic ones.
69topps8 answered much of what I had to say. It's really hard to pin down what is a legitimate price for a low pop card. I've seen some '68 PSA 9 commons go for $300 or even $400. But then the next example of the same card only sold for $125 to $150. Then a 3rd and 4th example will show up and the price goes down to $60. I've seen a lot of '68 collectors bail out because of buying high and watching the same card go for a lot less.
For '69's, I do think that there are some 9's that have gone cheaper than they should. There's no reason why a well centered pop 1 of 1 PSA 9 card should sell for at least $125, but it also really all depends on how much two people are willing to bid. I think the '69 collectors are much more cautious and prudent than the '67 and '68 collectors - my opinion.
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RayB69Topps
Aja4rayb@msn.com
If that is the case, then PSA 9's are woefully underpriced at current levels.
<< <i>I would agree that there are easily hundreds of '69 complete sets sitting in binders across the nation. However, I would wager that only a select few would grade out 8.2 or 8.3 or better for the entire set. >>
Lets say 400 1969 sets exist raw. Lets say that only 20% of the cards, equally distributed, would grade at 8 or higher. That means for any single number, there are roughly 80 cards out there to be graded 8.
How much would that Mike Shannon sell for if the pop goes from 1 to 81?
CU turns its lonely eyes to you
What's the you say, Mrs Robinson
Vargha bucks have left and gone away?
hey hey hey
hey hey hey
I highly doubt there will ever be 81 Mike Shannons graded in 8. Though I also highly doubt the population will remain at 1 for much longer. Though there may be 50-100 high grade '69 sets out there, chances are, they all contain cards that are less than NM-MT. And of the small percentage of cards that are less than NM-MT, most of those cards will be the problematic ones.
69topps8 answered much of what I had to say. It's really hard to pin down what is a legitimate price for a low pop card. I've seen some '68 PSA 9 commons go for $300 or even $400. But then the next example of the same card only sold for $125 to $150. Then a 3rd and 4th example will show up and the price goes down to $60. I've seen a lot of '68 collectors bail out because of buying high and watching the same card go for a lot less.
For '69's, I do think that there are some 9's that have gone cheaper than they should. There's no reason why a well centered pop 1 of 1 PSA 9 card should sell for at least $125, but it also really all depends on how much two people are willing to bid. I think the '69 collectors are much more cautious and prudent than the '67 and '68 collectors - my opinion.