NEW TOPIC - PSA GRADING AND VALUE
californiacards2
Posts: 21
Some great comments here. I am usually a lingerer on the boards. Glad I brought up a subject so near and dear to everyones heart. Not to be blasphemous (sp) too lazy to use a dictionary, but PSA adds value to cards, but it our preception of that value. As a hopeful set registrer for a few sets in the near future, I believe this to be a discussion of price targeting. My most recent submissions have been the following
589722 90012
587772 90012
I am especially interested in 72 FB for some reason even though not really a FB collector. These 9's and 8's are very difficult in this issue. Some are 1 of 5's 1 of 4's and 1 of 7's. The difficulty in which to get this cards is well known. I paid less than $1 a piece for the cards. I now have $6 in each of these cards and would not part with them for less than SMR. It was just too difficult to get them. I have now got a better eye for what grades well. These were my best submissions in my short life of PSA (3 years). The Price targeting I am talking about works like follows:
Raw really solid 7-8-9 usually gets graded. We are paying $5 for authetication. However, as my recent find shows some stuff is still out there. People can afford to pay $24,000 for a gem mint 10 Staubach or $139 for a OC, by the way I believe that to be undervalued. I would like a 9OC of Staubach at that price as my current Staubach I bot at auction for $90 hoping for a 7. So holdered with a Nice 6 I believe I have lost money although a sweet 6. My digression here is to try to understand the sales/dealer part of this market as I am subleasing some space from a very good friend/dealer at the national. Is the market for graded PSA cards really driven by a few deep pocket buyers for the set registry and the competition inherent. If so isn't the set registry a great way for PSA to drive up our ultimate cost of acquistion. I would not say this is conflict of interest, which I believe was the case when PSA owned an auction house. I am truly a collector, horder of some kind. I was offered SMR for these 9's my perception of difficulty of this issue has been bolstered by my recent very thorough analysis of the POP report. These babies are scarce and there are about 25 cards which have less than 25 cards graded I believe due to the very OC nature of this issue.
My general question is as set registers and high submitters to PSA I would like your thoughts on SMR price guidance and willingness of people to pay SMR or above SMR for rare or 1of 5's etc for particular issues.
COLLECTS
1981 and 1982 Donruss Golf
1935 Pattreiouex looking for Henry Cotton
Kelloggs all sets particular interest in acquiring grade worthy 1970 FB set
run of ungraded 1970s BB 30 cards shy of my second 1972 set - 1 73 set working on second 2 74 sets 75 set 2 76 sets 77 and 79 set looking for 1978 set
1972 FB set missing 20 high numbers 1973 set looking for 1974 - 1975 and 1976 set
1972 Icee Bear
Odd ball stuff
589722 90012
587772 90012
I am especially interested in 72 FB for some reason even though not really a FB collector. These 9's and 8's are very difficult in this issue. Some are 1 of 5's 1 of 4's and 1 of 7's. The difficulty in which to get this cards is well known. I paid less than $1 a piece for the cards. I now have $6 in each of these cards and would not part with them for less than SMR. It was just too difficult to get them. I have now got a better eye for what grades well. These were my best submissions in my short life of PSA (3 years). The Price targeting I am talking about works like follows:
Raw really solid 7-8-9 usually gets graded. We are paying $5 for authetication. However, as my recent find shows some stuff is still out there. People can afford to pay $24,000 for a gem mint 10 Staubach or $139 for a OC, by the way I believe that to be undervalued. I would like a 9OC of Staubach at that price as my current Staubach I bot at auction for $90 hoping for a 7. So holdered with a Nice 6 I believe I have lost money although a sweet 6. My digression here is to try to understand the sales/dealer part of this market as I am subleasing some space from a very good friend/dealer at the national. Is the market for graded PSA cards really driven by a few deep pocket buyers for the set registry and the competition inherent. If so isn't the set registry a great way for PSA to drive up our ultimate cost of acquistion. I would not say this is conflict of interest, which I believe was the case when PSA owned an auction house. I am truly a collector, horder of some kind. I was offered SMR for these 9's my perception of difficulty of this issue has been bolstered by my recent very thorough analysis of the POP report. These babies are scarce and there are about 25 cards which have less than 25 cards graded I believe due to the very OC nature of this issue.
My general question is as set registers and high submitters to PSA I would like your thoughts on SMR price guidance and willingness of people to pay SMR or above SMR for rare or 1of 5's etc for particular issues.
COLLECTS
1981 and 1982 Donruss Golf
1935 Pattreiouex looking for Henry Cotton
Kelloggs all sets particular interest in acquiring grade worthy 1970 FB set
run of ungraded 1970s BB 30 cards shy of my second 1972 set - 1 73 set working on second 2 74 sets 75 set 2 76 sets 77 and 79 set looking for 1978 set
1972 FB set missing 20 high numbers 1973 set looking for 1974 - 1975 and 1976 set
1972 Icee Bear
Odd ball stuff
0
Comments
<< <i>Some are 1 of 5's 1 of 4's and 1 of 7's. The difficulty in which to get this cards is well known. I paid less than $1 a piece for the cards. I now have $6 in each of these cards and would not part with them for less than SMR. It was just too difficult to get them. >>
I find this very humerous that you paid less than a $1 and yet they were too difficult to get them. NICE!!!
Shane
Most of the SMR prices havent been updated in like 3 years and the football market has taken off since then...Start tracking sales of the cards you are collecting and consolidate them into a spreadsheet...After a couple of months you'll be able to gauge where the prices are and where they are going...
Like Frank said, it's all about supply and demand..The Registry has created the competition necessary to drive the realized prices...
Jason
according to my values and my needs. Nothing holds dominion over me, I stand alone as the ruler of my life.
Late 60's and early to mid 70's non-sports
<< <i>Some great comments here. I am usually a lingerer on the boards. Glad I brought up a subject so near and dear to everyones heart. Not to be blasphemous (sp) too lazy to use a dictionary, but PSA adds value to cards, but it our preception of that value. As a hopeful set registrer for a few sets in the near future, I believe this to be a discussion of price targeting. My most recent submissions have been the following
589722 90012
587772 90012
I am especially interested in 72 FB for some reason even though not really a FB collector. These 9's and 8's are very difficult in this issue. Some are 1 of 5's 1 of 4's and 1 of 7's. The difficulty in which to get this cards is well known. I paid less than $1 a piece for the cards. I now have $6 in each of these cards and would not part with them for less than SMR. It was just too difficult to get them. I have now got a better eye for what grades well. These were my best submissions in my short life of PSA (3 years). The Price targeting I am talking about works like follows:
Raw really solid 7-8-9 usually gets graded. We are paying $5 for authetication. However, as my recent find shows some stuff is still out there. People can afford to pay $24,000 for a gem mint 10 Staubach or $139 for a OC, by the way I believe that to be undervalued. I would like a 9OC of Staubach at that price as my current Staubach I bot at auction for $90 hoping for a 7. So holdered with a Nice 6 I believe I have lost money although a sweet 6. My digression here is to try to understand the sales/dealer part of this market as I am subleasing some space from a very good friend/dealer at the national. Is the market for graded PSA cards really driven by a few deep pocket buyers for the set registry and the competition inherent. If so isn't the set registry a great way for PSA to drive up our ultimate cost of acquistion. I would not say this is conflict of interest, which I believe was the case when PSA owned an auction house. I am truly a collector, horder of some kind. I was offered SMR for these 9's my perception of difficulty of this issue has been bolstered by my recent very thorough analysis of the POP report. These babies are scarce and there are about 25 cards which have less than 25 cards graded I believe due to the very OC nature of this issue.
My general question is as set registers and high submitters to PSA I would like your thoughts on SMR price guidance and willingness of people to pay SMR or above SMR for rare or 1of 5's etc for particular issues.
COLLECTS
1981 and 1982 Donruss Golf
1935 Pattreiouex looking for Henry Cotton
Kelloggs all sets particular interest in acquiring grade worthy 1970 FB set
run of ungraded 1970s BB 30 cards shy of my second 1972 set - 1 73 set working on second 2 74 sets 75 set 2 76 sets 77 and 79 set looking for 1978 set
1972 FB set missing 20 high numbers 1973 set looking for 1974 - 1975 and 1976 set
1972 Icee Bear
Odd ball stuff >>
I hate to burst your bubble about 72' football but there is a ton of it out there. Just ask Larry Fritsch and Mastronet.... chaz
What I am asking is the following:
1) What drives PSA 9 demand ? (set registry, a couple big $$ buyers, interest in the set, all of the above.??)
2) Is PSA and we in conjunction, supporting price targeting by giving so much power to the eye appeal of a psa slab and its certification?
By price targeting I mean further stratifying the market between 7-8-9's on vintage material vs. raw ie keeping customers at various price points. (Prior to my last couple of submissions I have mostly been a raw set collector.)
3) What I am trying to ascertain is the inherent conflict beteen acquiring raw and then grading said card, and having someone (very much like me ) try to get those cards at the lowest possible price. I trade bonds for a living so I understand cheap vs. rich and relative value, and undervalued/overlooked issues.
4) Main question. How to maximize my sale prices of PSA 8 and 9 material? What is the real value of PSA 9 material and the difference between 1 of 5's 1of 7's and 1 of 1's in terms of 1972 Football?
4) Yes I appreciate the comments about Larry Fritsch and Mastronet. As posted on several other topics those vending boxes will be interesting from a yield perspective in terms of graded PSA 8+ material. From what I have seen many of these boxes yield lots of OC and miscut cards.
What I am trying to do is acquire cards of sets and issues I like raw and then sell PSA 8 and 9 graded cards turning a profit. This will be my first national as a quasi dealer I am sub-leasing some space at National from a dealer friend of mine. I think from what I have seen on ebay people pay way over value for undergraded (ie worse condition cards). Final question, therefore is it better to be an ebay seller or a dealer at card shows??
Low pops are an even crazier and thinner market...money should not be the driving force of your hobby.
Groucho Marx
<< <i>I thought this was like a blog, sorry to have rambled in previous post. While 72's are plentiful, getting them in PSA 9 condition is not so plentiful - my read of the population report shows 72's in high grade difficult. If you have some gradeable psa 8 and 9's in raw I will be a buyer at $1 a card all day.. Yes I only paid $1 for these cards, but I was very lucky. From my submissions, I am getting a better eye for PSA 9 and 8's.
What I am asking is the following:
1) What drives PSA 9 demand ? (set registry, a couple big $$ buyers, interest in the set, all of the above.??)
2) Is PSA and we in conjunction, supporting price targeting by giving so much power to the eye appeal of a psa slab and its certification?
By price targeting I mean further stratifying the market between 7-8-9's on vintage material vs. raw ie keeping customers at various price points. (Prior to my last couple of submissions I have mostly been a raw set collector.)
3) What I am trying to ascertain is the inherent conflict beteen acquiring raw and then grading said card, and having someone (very much like me ) try to get those cards at the lowest possible price. I trade bonds for a living so I understand cheap vs. rich and relative value, and undervalued/overlooked issues.
4) Main question. How to maximize my sale prices of PSA 8 and 9 material? What is the real value of PSA 9 material and the difference between 1 of 5's 1of 7's and 1 of 1's in terms of 1972 Football?
4) Yes I appreciate the comments about Larry Fritsch and Mastronet. As posted on several other topics those vending boxes will be interesting from a yield perspective in terms of graded PSA 8+ material. From what I have seen many of these boxes yield lots of OC and miscut cards.
What I am trying to do is acquire cards of sets and issues I like raw and then sell PSA 8 and 9 graded cards turning a profit. This will be my first national as a quasi dealer I am sub-leasing some space at National from a dealer friend of mine. I think from what I have seen on ebay people pay way over value for undergraded (ie worse condition cards). Final question, therefore is it better to be an ebay seller or a dealer at card shows?? >>
I totally disagree with your statement that 9's are not plentiful. Fritsch is sitting on cases, I mean cases of 72' football. He is sitting on a ton of 60's and 70's cases. Just check out the last Maestro auction, it is the tip of the iceberg. It will boggle your mind at what he has and it will make it's way to the market. My suggestion to you my freind is to unload your 70's stuff while you still can....I have and I have been doing this a long time. chaz