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Looks like the winning strategy for Superior Auctions is to put lipstick on the pig

acowaacowa Posts: 945 ✭✭
in PSA Set Registry Forum
This 1971 set drew almost $4,000 with only Munson, Aaron, & Ryan graded 8.

1971 auction


The seller should be ecstatic!


Regards,


Alan

Comments

  • waitilltheytrytosellwaitilltheytrytosell Posts: 378 ✭
    My guess would be that anybody throwing that kind of money into the set probably took a look at it prior to the auction and felt that the contents of the set were worthy of that kind of money. Their descriptions of sets and lots are usually very conservative, and I have no doubt that it's as described. You don't have to pull all that many commons to make a deal like this work. Ultimately, it's the consignor's call on how much extra he wants to put in grading. If the high bidder liked what he saw, he might be ecstatic now too.
  • LEONLEON Posts: 6
    I think that the set went for a fair price. The Munson card is tough.
  • gemintgemint Posts: 6,101 ✭✭✭✭✭
    What's a Munson 8 going for these days? $500? $600?
    https://ebay.com/sch/gemint/m.html?_nkw=&_armrs=1&_ipg=&_from=
  • SUPERPUNK813SUPERPUNK813 Posts: 351 ✭
    i purchased a couple of "raw" sets i the last superior auction that they said were nm-nm/mt and about 60-70% of the cards i sent in were 8's or higher. if this '71 set is in the same condition as the sets i won id say he/she got a good deal.
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  • acowaacowa Posts: 945 ✭✭
    Gemint,

    That's my point! The value of the 3 graded cards is $1,000 or less...which means someone just shelled out $2700 for a set with many off grade key cards. That seems like a lot of money when you consider that Carlos Aponte's 1972 set went for $8,000 and had all but about 50 cards graded PSA8.

    BTW - The 1971 111 card PSA 8 lot did extremely well too...getting well over $30/card.


    Regards,


    Alan
  • gaspipe26gaspipe26 Posts: 1,614 ✭✭✭
    I sold a Munson in 8 for $600 a few months back. The total on the 3 graded cards in my opinion was around $1200. I also feel the seller did very well.
  • zardoz51zardoz51 Posts: 1,168
    gee, I once paid over twice that for a set and did OK out of it. This set should be no different. However, I bought a set out of Superior last year and IMHO (and PSA's after slabbing), their stated grades on the raw were generous to say the least.

    As for the Munson, I wouldn't sell an 8 for less that 675-700. Go and find another.
    THE FLOGGINGS WILL CONTINUE UNTIL MORALE IMPROVES
  • acowaacowa Posts: 945 ✭✭
    Paul,

    I would rather have purchased the set you sold on EBAY that was consistent PSA 7. I will be the first to admit that I haven't seen the other commons...but I know that grading is hit or miss on these.


    Regards,


    Alan
  • waitilltheytrytosellwaitilltheytrytosell Posts: 378 ✭
    When you purchase a PSA 7 lot, you know exactly what you are getting. They are not 8's or 9's. You have no chance at getting 8's or 9's. When you purchase a set described by a reliable source as containing many NM-MT cards, what do you get. You are going to get 8's, along with some 7's and maybe even some 9's. Of the three graded stars they list the only good one is the Munson. It can be sold for a big premium. The other two are discount type of cards. The other majors listed are discount sort of cards as well. Most of the stars are the easiest and most heavily discounted cards to obtain. The "real value" in this lot is the possibility of pulling out piles of 8 commons and minors. The 111 count lot selling fro $30+ a card shows where the value is hidden. If the set if "off" and sold to someone who didn't look at it, it's not a good deal. If the set was sold to a person who looked at it first, then it was probably a good deal.
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