PSA - How do they or us keep it alive-
tbub
Posts: 104
or am I putting way to much thought into this? The new set special was just the ticket I've been waiting for infact way better than I thought possible. It allowed me in my confaluted way of thinking ,since deciding to go all out after the 75 crown in 2003, that I could raise my bidding level by $250 on aset of 75's. I did and bought a set (hopefully highend) for $750 alot of dough for this boy . I think I got a pretty good deal has most of big cards already graded PSA 8 So I know there good and the guy has a great e-bay record. The last week or so the set auctions have been going crazy at least from my standpoint. M ost of time same 5 or 6 guys going after the highend sets. Now the question I brought up with the cost of grading coming down and I imagine the submissions skyrocketing for the next couple of months the value will just plummett as pop's increase unless a whole new market can develop. How can PSA market this new phase of collecting? I know there were some ex. points made in the thread Friday about the new special and the effects on the market. Maybe I'm depressed because I had to clear 6inches of that damn white stuff of my car this morning before work. Lets see I just turned 45 have a 3,4,and 8 yearold lets see by my math S. carolina is just 18 years or 1 lucky lotto ticket away. 7555555555 is becoming an obsessionnnnnnnnnnnnnn
"All my life I've been searching for something"
0
Comments
1) You mentioned that you had "most of the big cards already graded PSA8". Well my friend, considering Frank's GPA is over 8.50 having most of the key cards in PSA8 isn't going to get it done. You're likely to need a great many of the key cards in 9 - in addition to a substantial number of PSA9 commons.
2) Completing the set in a year can be done, but it won't be easy and it will cost you. That means you intend to go to every card show you can looking for PSA9-quality 75s. It means you're submitting quite a few of your own cards. And that time frame means you can't very well sit back and wait for some of the low-pop stuff to magically appear - so you end up paying the premium to get certain low-pop cards while you can. I've been working on the set for right at a year and I'm 90% and have been happy with 8s.
3) While there are still a good many very clean and submittable 1975s still out there, there have been almost 30,000 of them submitted so far. This should give you a pretty good idea of which cards will be tough to find, with a few exceptions. While the populations will increase eventually, the tough cards are likely to be the tough cards for a while.
4) When you submit your own cards, you will end up with duplicates. Unless something strange happens, expect to take a bath on those duplicates with the market as depressed as it is. Two weeks ago, I put up six PSA8 commons with min bids of $6 - and they didn't sell. So don't expect your duplicates to pay for future submissions. This will be even more acute as the populations increase.
5) You will have an advantage in that two sets are all but complete right now and two more should wrap up in early 2003. So you should face less competition for both graded and ungraded cards.
That said, welcome to the world of 1975 Topps
Mike
Mike