The Risk of Half-Grades: the sell factor
Buccaneer
Posts: 1,794 ✭✭
(I know it's yet another thread...)
After sleeping on it (after reading a comment that there is no risk), I believe that the risk of half-grades will show up in selling. All cards that are the whole grade will be tagged as "low-end" and thus, contrary to PSA's claim, they will sell for less than they currently do. The half-grade bump will generally sell for more than the whole grade but not at the half-way point, if you are willing to spend more money to get them "review" the card.
After sleeping on it (after reading a comment that there is no risk), I believe that the risk of half-grades will show up in selling. All cards that are the whole grade will be tagged as "low-end" and thus, contrary to PSA's claim, they will sell for less than they currently do. The half-grade bump will generally sell for more than the whole grade but not at the half-way point, if you are willing to spend more money to get them "review" the card.
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Comments
Wish I hadn't sold this for 7 money.
If I had 10 PSA cards of Mickey Mantle. All of the same yr and grade I could still find one that would be IMO the best and one that would be the worst, with the other 8 filling in the other spots! Rarely are 2 cards the same.
The market will tell us what the spread will be between grades.
It will also tell us what the spread will be between 2 identically graded cards too. The one that has the nicer 'eye appeal' will out sell it's counterpart most of the time.
I have no idea how the market will react to this and I doubt anyone else does too.
Steve
Steve's example is a good one and one you can put to the test if you visit 707's table at a show. However, I would say that if you put 5 of the same cards all with the same grade on a table I bet it would be hard to get a consensus from a majority of collectors which card is the "best". I might be a corners guy, another might like gloss and color and another might like centering.
1990 leaf in (10)
1986 topps mets (10)
2008 ring kings cut signatures
any Darryl Strawberry, Dwight Gooden, Keith Hernandez cards in (10)
We all have "high end" PSA 7s or 8s that we believe are close to the higher grade. This gives you a chance to get the 7.5 or the 8.5 if it is important to you and worth the cost. To me, it might be important for a few of them but in most cases not. I am foremost a collector, not a seller. I won't even buy a PSA 9 if I don't like the centering or the print dots or the color or the edges. So if I like the looks of a PSA 8.5 better than a PSA 9, I might just buy it.
By the way, I have been at several meetings/luncheons at various Nationals where Mr. Orlando was questioned about half-grades. I don't ever recall him saying it won't happen as some have implied. I do recall him saying that it has always been a topic that they evaluate and get lots of feedback on, but at that given time, no they weren't going to half grades. It appears PSA has determined that the time for half-grades is now. As for me, I won't lose any sleep over it.
Lets say a card goes for 100 in PSA 8 and 400 in PSA 9
Bet your butt that sellers/dealers will be trying to push the .5 card for double the price of the straight card. I do not see the straight card going down in value I see it staying the same. Of course I am talking about properly graded cards with decent centering.
Dogs for the grade will always command less.
Many seem to think that the straight 8 will go down and the .5 will replace the 8 in value. Do you really think dealers would allow that to happen??
Steve
edited typos
only one problem with that for me,there ar 7 10's in 50 bowman fb and not a whole lot of 9's,mostly 8's
as for the Banks pictured above, to me that is not a 7.5. It does have nice bottom color and corners, the centering knocks it back down to the 7 IMO.
Steve