Risky investment?
Steve1124
Posts: 198 ✭
Has anyone else seen this '59 Bazooka set that just sold on eBay? Admittedly, it's a great looking and RARE set, but if PSA's standards are to be taken seriously, of grading hand-cut cards, needing to have FULL BORDERS, there's not a ONE of them here that would qualify! Is it really worth the price this guy paid? I don't know how to do the "link" thing, but here's the full web addr from the eBay auction:
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=8771469758&rd=1&sspagename=STRK:MEWA:IT&rd=1
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=8771469758&rd=1&sspagename=STRK:MEWA:IT&rd=1
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Comments
Steve
to add a link when you open the Message Text Box there is a bunch of buttons below where it says Message Text click the 1st button that is marked http and paste the url in the box that appears instead of into the main message box.
I've seen examples from this set, with tabs, cut inside the lines, sell for hundreds of dollars with creases. Levi has an SGC 7 Ernie Banks for $1,250. ScP once had an SGC 88 Mantle for $5k. In December '04, a PSA 'Authentic' Mantle sold for $900
For 23 cards, $11,500 doesn't seem to be too bad, especially when you consider some of the star cards in the set. What do YOU think the set is worth, if you think $11,500 is way too high...?
Anyway, to answer 'mikeschmidt', i went through and added up the SMR value for all of the cards in 'Ex 5', and came up with a figure of $4,750. Keeping in mind that an "Authentic" rating equates to a '3' grade as far as the set registry, so in theory at least, that would make the "book" value much lower than even this--if indeed every card in the set just got an "Authentic", as they would, if PSA sticks to their own standards. It's a tough call on these hand-cut cards, especially on such a rare set--there are currently only 11 in the pop. report, and this doesn't include any that just have the "Authentic" rating. I guess the bottom line is, a set is worth whatever someone is willing to pay for it, even if it's not cut very well.
Best,
Jim
Steve
<< <i>I have a question. Who decided that cutouts had to be cut outside the dotted lines and why? Is it so the cards could only be cut 1x, and thus not trimmed again to fix problems? back in the day we used to cut cards from box bottoms or panels no mention between hobby enthusiasts was ever made of this. Is this a PSA rule that David Hall decided on?
Steve >>
I *completely* agree. We were, afterall, taught to "cut on the lines" weren't we? They should know what the sizes were, based on the dotted lines, and THAT should be the standard.
<< <i>
<< <i>I have a question. Who decided that cutouts had to be cut outside the dotted lines and why? Is it so the cards could only be cut 1x, and thus not trimmed again to fix problems? back in the day we used to cut cards from box bottoms or panels no mention between hobby enthusiasts was ever made of this. Is this a PSA rule that David Hall decided on?
Steve >>
I *completely* agree. We were, afterall, taught to "cut on the lines" weren't we? They should know what the sizes were, based on the dotted lines, and THAT should be the standard. >>
Pehaps, they always say to cut along the dotted lines. I'm sure the seller knew those cards were nothing more than authentic. The question is, did the buyer know or does he even care. I know I would if I were spending that kind of cash.
Best,
Jim
link
What else does the seller and buyer need to know? Is not authentic what we as collectors want? I know you are inferring that they are ungradeable numerically , but that goes to the crux of my question. Just because PSA created a standard does not mean it is the final say. just final in psa world I suppose
I guess if one wanted to have the added artificial benifit of a numerical grade attached to those cards to enhance their percieved value then I again ask why was this policy created?
As they are, both the buyer and seller valued them at over 10 grand.
As long as they are proper sized IMO the dotted line crapola we have been fed is just that crapola.
Steve