paying up for my education
mnkevin
Posts: 15 ✭
A few months back I posted looking for opinions on my '63s I've had since new. The Rose rookie was definitely one to be graded and I found a couple others I would send in too (those I sent in at the value level -32.99). I figured at worst I would get 4s and if the stars aligned correctly, maybe a 5. The Rose I thought was a 4, maybe a 5. So I sent that one in at the express level (149.00) rather than the regular (79.99) level because that max value was only $1500.
So today I got an email saying my Rose was only a 3! Light corner wear and minor scuffing on the front.... I always thought a VG card had creases or major defects! They stated I had an offer of $1000 for the card with no fees. What to do??
I looked at ebay and found Roses (grade 3) sold mostly for 1200 - 1400 with a few up to 1600. Not sure if I go with ebay or not. I already paid an extra $70 for more grading than I needed. Does the no fees mean I get the full 1000 and there is no seller premium or are there any other charges? I'm kinda thinking just sell to them and learn my lesson.
Comments
I estimate you "lose" about 20% of the sale price when you sell on ebay.
I asked the same question about offers and was told you get the entire amount offered, however I did NOT accept the offer.
Sold on ebay, got a fair price. but took a while. Quite a few lowball offers.
Card was a PSA 10 1986 Donruss Fred McGriff "Rated Rookie"
Depending on eye appeal (well centered?) you might want to get it over with and accept the offer.
Do you have a scan of the card you can share?
I agree with @JoeBanzai - really depends on what the card looks like. Keep in mind that if the card has great eye appeal (and looks like 4 or 5 with great centering), then I think you would be better off seeing what you could get elsewhere. As far as I can tell, PSA Offers just go by the actual grade -- this is based on duplicate cards I have in the PSA Vault with the same grade. PSA Offers the same price for each duplicate -- in other words they don't offer more when the appearance is exceptional.
Here's the picture from PSA and description:
Mult-Defects
Wear on all four corners. Scuffing and scratching on front of card
That's a nice 3
I would keep it and sell it at a card show. you should get at least 1200 from a reputable dealer. HEck some one on here might pay 1200.
I also think you can do better than $1000.
I bought this one a little over a month and it cost me a little of $1400 with tax.
Speaking of the Rose rookie - how much would a nice centered PSA 8 cost in today's market.
They have been in the 10-15K range going back to October of 24 according to VCP, average around 12.4. The lone exception is January of this year, a Heritage auction ended at 39040.
For Sale
Thank you.
That’s a beautiful, well-centered Rose RC PSA-8!
I don't think it's quite that high. Final value fees for sports cards are 13.25% on total amount of the sale, including shipping and sales tax charged to the buyer + .40, up to $7,500 calculated per item.
15% is more accurate
A's World Championships-1910, 1911, 1913, 1929, 1930, 1972, 1973, 1974, 1989
Do not sell for $1K
Yours is in a new beautiful new case psa holder. Most know grading is stricter and that card could have been higher just a few years ago. That is a higher end 3. People are paying more for cards like this.
1948-76 Topps FB Sets
FB & BB HOF Player sets
1948-1993 NY Yankee Team Sets
The monies that go into my bank account are much closer to 80% than 85%.
If you just want to argue about it, I really don't have the energy.
If you plan to sell the card anyway, you could have PSA put it into your "PSA Vault"
Then you can list it on eBay right from their vault - they create the listing. If it sells they handle shipping the card. And for that selling range it's only 10% final value fee (you would get 90% of the eBay selling price)
You would have to fill out a form to get paid - which would include your id for tax purposes...
If you sell a $1200 card on eBay, you will net approximately $1025 assuming $10 for shipping. That’s 85.5%.
If you sell a $50 card on eBay, you will net approximately $38 assuming $5 for shipping. That’s 76%.
The 15% estimate is way more accurate in this example.
Since I haven't sold any $1,000.00 cards my estimate was LOW according to your examples.
I also said "about".
Yes, it depends on what your card sells for and the Rose rookie would be more like 15%.
Here's what ebay says I paid on $735.13 in sales. "18.4% of your total sales".
To the OP; good luck with whatever you decide!
I would like to thank everyone for their honest opinions whether I should sell to PSA or have it sent to me. I was going to sell to them right away but I am going to hang on to the card for a while, at least until I get the rest of my order back. This time I'm not holding my breath on the grades....
Take care
So they just graded it and they already have offers on it?
How would they have offers on it? Has it already been on eBay using the PSA eBay account already?
Just seems odd that they'd have an offer so quickly and from who. And it's a lowball offer.
If OP sells it to PSA, grade will be re-evaluated. This has been done before. Remember Mid level and Senior Managers and their allmighty bonuses are heavily determined based on income or cost savings they bring to a firm
It's the singer not the song - Peter Townshend (1972)
Not even a minute do I buy the whole buh buh buh I'm a man-child japery - Me (2025)
It's basically a "generic" offer based on what they call "Partner Offers" -- so if you happen to have this card/grade in the PSA Vault, you could see the PSA Offer from your Vault Collection . Try doing a Cert lookup for any PSA 3 listed on eBay -- it might show the same/similar offer amount for a PSA 3...
I just looked up a PSA 3 I saw on eBay (using the PSA App on my phone) and this is what I see. Keep in mind the offer can change at any time - price can go up or down, or the offer goes away...
Do Not sell to PSA...
someone just give the dude $1,250.
That's basically what they said. Offered me $1016.00 and said psa estimate is: $1263.45 and card ladder value is:$1425.00 - whatever that is.... And they gave me 24 hours to decide.
I just got an email saying they shipped the card by FedEx. Do they ship all packages that way? I thought I had checked USPS for return. I have to sign for it and our postal carrier has a schedule she follows. FedEx just shows up whenever. Guess I'll have to stay home that day.
To add more to your list, those that have to pay capital gains on the sales are taxed again.
Thanks,
David (LD_Ferg)
1985 Topps Football (starting in psa 8) - #9 - started 05/21/06
Be nice if was Capital Gains, long or short, but on Collectibles like this Marginal Rate applies!
It's the singer not the song - Peter Townshend (1972)
Not even a minute do I buy the whole buh buh buh I'm a man-child japery - Me (2025)
Also, mailing supplies are not free, I live 20 minutes from Post Office, gas is not free either.
If you choose to insure your package, cost AGAIN increases.
I did not put a value on my time as I am retired and consider it a hobby.
sorry to hear that. My office is 2 miles from the house and the PO is in between both. Guess I am lucky.
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When I lived in town, ebay's fees were less, you didn't have to "pay" sales tax and I could walk to the P.O.
I don't mind the drive into town, but that 10% "tax" does bother me.
Things are definitley more of a challenge with PSA's reluctance to give the 10 grade.
Still having fun with the hobby!
Always submit at the lowest allowable service level and let them up-charge you if it grades any higher than expected.
That was one concern of mine if the grader actually saw the service level you paid for. I wondered if he saw the max value you paid for was only $500, would he grade accordingly?
If you are sending in cards to PSA for grading and selling, then depending on the expected selling price it might be beneficial to use the PSA Vault - just have PSA send it to your vault after grading, and then it's pretty easy to list a card for sale on eBay right from your vault. They create the listing (they are the seller). That could help because people trust them as a large seller on eBay. And if your cards are selling for $1,000 and up, then you only pay a 10% (or less) fee and receive the balance. No worries about packing the card, paying postage/insurance fees, driving to the post office. PSA handles all of that for you...
Here's what I see as the PSA eBay Fees based on selling price:
Ah, interesting. Thanks for the explanation.
To fund a semester of my Education in 1993 I sold my self-pack pulled 1986 Fleer Jordan and 1985 OPC Mario Lemieux.
The Jordan was no more than PSA7 by my recollection but the Mario Lemieux was a blazer. I'm thinking a 9...
No regrets I did not attempt to Borrow from family nor take out a loan.
I can proudly say to this day I've earned everything I have (for better or worse) in life. That type of smug self-satisfaction is priceless.
It's the singer not the song - Peter Townshend (1972)
Not even a minute do I buy the whole buh buh buh I'm a man-child japery - Me (2025)