PSA graders must be going berserk
Ahmanfan
Posts: 4,389 ✭✭✭✭
Looking at mid grade Jordan base cards all day from the 90's. I cannot believe how many PSA 5 to PSA 8 worthless Jordans are coming on the market right now. Folks early this year sending in anything that says Jordan on it who have no idea how to evaluate cards and are now stuck with all these worthless slabs. What a waste of resources all the way around.
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HOF SIGNED FOOTBALL RCS
HOF SIGNED FOOTBALL RCS
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I agree with you. When COVID hit and Jordan was on fire people thought they could send in there collection without evaluating the card but that's also when it was $10 a card!
Big difference between now and then.
Sadly it is not limited to Jordan, even though he is one of the primary culprits. There is an explosion of all kids of mid grade garbage across the board.
your saying my 12th year Carter PSA 5 is worthless ?
Vince or Gary? Just kidding, yes to both. lol
I would think PSA disagrees with you. They hit the jackpot. They have not wasted any resources. They should put a statue outside Newport Beach of MJ.
We will have to update our old saying "Whole lotta dimes" to "whole lotta nickels"
Bosox1976
Not to mention anything with the name Zion on it...
How about "Hurricane" Carter ?? Now I want to see that movie again. LOL.
And there will be a bunch more coming out of the flood gates. Seriously, I won't be surprised if 2019 Prizm basketball in PSA 10 exceeds all 1986 Fleer submitted and probably the whole decade of the 70's.
Might need to jump on some 2019 Kobe Silver Prizms.
Kiss me twice.....let's party.
Plus they had a Jordan quarterly special last year, so you have all those also coming into the secondary market now.
This is why I get rid of all my high pop cards.. Exception of a few 89 griffeys.. I only collect cards with an 8,9,10 grade with combined pop of under 1500
OMG!
Successful card BST transactions with cbcnow, brogurt, gstarling, Bravesfan 007, and rajah 424.
And a statue of PIKACHU.
Junk Wax = Junk Slab
Anyone who paid high for stuff like a PSA10 1990 Fleer Jordon or 1990 Leaf Frank Thomas will take a fi$cal beating.
It's the singer not the song - Peter Townshend (1972)
that is such a garbage product that the lemmings run after as if it is scarce high end.
People buying that product are going to get crushed.
HOF SIGNED FOOTBALL RCS
I remember seeing PSA 1990 Fleer Larry Bird cards selling for crazy money in the spring and thinking this is the bubble of all bubbles.
Kiss me twice.....let's party.
The thing is the guys buying it are not collectors they are just flippers trying to make quick money. When I do shows at least half the dealers and a third of the customers are younger 19-30 year old flippers that think they have the hobby figured out and chase stuff like this.
Someone will end up holding the bag at the end. Who knows who it will be.
HOF SIGNED FOOTBALL RCS
I agree with the sentiment that we are about to enter a junk slab era. God bless those that capitalized early, picked up some of these junk era cards on the cheap and turned 10x by getting them in slabs early. But there is going to be a reckoning, and 'investors' sitting on stacks of 90s junk in slabs are going to be the equivalent all all the Dads that were hoarding 1990 UD french or the like. One week people were fighting over boxes at Costco, the next 2 decades you couldn't give the stuff away.
the junk stuff pops is nowhere near the ultra modern pops. (outside of 1990 Fleer Shawn Kemp, Michael Jordan type stuff)
At least not in 10s anyway. Check the 10 pops on any 90s mass produced against 2019 Prizm Basketball or 2018 Update baseball pops in Gem then you see what the real junk is. The 80s, and 90s stuff is at least a challenge to hit a 10 on, ultra modern chrome / prizm cards not so much
Maybe that's the difference between sheer quantity and quantity of high-grade singles. I think that 1988-1990 of all manufacturers probably has modern beat hands down in terms of just raw quantity of product. But for anyone who has ripped that 1988-1990 stuff looking for high quality cards, you know that they are few and far between when considered as a percentage of total product manufactured. The modern stuff seems to largely come out of the box in high grade.
kevin
totally agree -- I have no issues holding PSA 10s of super stars from the 90's, cause there is nowhere near the number of PSA 10s as there is of this modern stuff Panini is pumping out
I also think the 2011 Trout Topps Update is one of those 'must have' cards with the amount PSA 10's currently at about 5,500. Regardless of that number, its still a great card to own.
@rexvos said:
The thing is the guys buying it are not collectors they are just flippers trying to make quick money. When I do shows at least half the dealers and a third of the customers are younger 19-30 year old flippers that think they have the hobby figured out and chase stuff like this.
And this behavior bothers me just a little...... flippers talking pop tarts like they've been in the hobby for years. " Ya'll can play amongst yourselves and good luck bois." Ja this, Zion that, throw in a Tyler Who. I don't feel I'm missing out.
I’m not a modern or basketball collector. The post the other day about (I think) 2019 Prizm population being more than all of hockey combined made my head explode a little. I get that basketball is global and Asia is a big demand driver but I just can’t imagine most 2019 Prizm having any real value over the long-term.
This is not a particularly well educated opinion but basic logic tells me it doesn’t make sense.
"This time, it's different."