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How not to buy a PSA 10

hammeredhammered Posts: 2,671 ✭✭✭
in Trading Cards & Memorabilia Forum
Buyer's remorse, I guess

In Feb, he (or his consignor) buys this 1/1Gibson for $2,025

1981 T PSA 10

Anyone want to guess where it finishes the second time around?

Perhaps he wants to unload it before another is graded

Comments

  • burke23burke23 Posts: 1,475 ✭✭✭
    Could be he saw how Dmitiri's stuff was going/went and thought he would see what he could get too? He paid an insane price for an '80's pop 1 of a semi-star.
    Looking for rare Randy Moss rookies and autos, as well as '97 PMG Red Football cards for my set.
  • bbuckner22bbuckner22 Posts: 1,028 ✭
    Was he the seller the first time around too? Notorious shill bidder and a seller that won't always honor a sale if he feels he didn't get enough.
    From what I can tell, 707 is the DOLLAR STORE compared to deans_cards. For what that guy charges, if I ever bought anything from him I would expect it to be delivered to me in a frickin' limo.
    ~WalterSobchak
  • itzagoneritzagoner Posts: 8,753 ✭✭
    ah yes. the man with the Babe Ruth reputation and the Jayson Werth stats.

    overvalued. w/o 1984 & a limp-off winner vs. Eck, he's a common.
  • CurlyBillCurlyBill Posts: 7
    Isn't that the truth. Kirk Gibson would've been a better football player in the NFL. Anyone know how he did in the last 4 games of that 88 series? But yeah, he's the reason they won it.
  • gregmo32gregmo32 Posts: 2,648 ✭✭✭
    This might be the first time I have ever written this, but that is one terrible 10, especially for a 1 of 1.
    I am buying and trading for RC's of Wilt Chamberlain, George Mikan, Bill Russell, Oscar Robertson, Jerry West, and Bob Cousy!
    Don't waste your time and fees listing on ebay before getting in touch me by PM or at gregmo32@aol.com !
  • bbuckner22bbuckner22 Posts: 1,028 ✭


    << <i>This might be the first time I have ever written this, but that is one terrible 10, especially for a 1 of 1. >>



    Agreed, it looks more like an 8.
    From what I can tell, 707 is the DOLLAR STORE compared to deans_cards. For what that guy charges, if I ever bought anything from him I would expect it to be delivered to me in a frickin' limo.
    ~WalterSobchak
  • kerryvillekerryville Posts: 341 ✭✭✭
    Needs cash? Found a better looking 8?
    Looking for:
    1992 Collectors Edge Football case?
  • halosfanhalosfan Posts: 2,643 ✭✭✭✭
    If you can keep selling dollar bills for $75 you can do whatever you want
    Looking for a Glen Rice Inkredible and Alex Rodriguez cards
  • ClockworkAngelClockworkAngel Posts: 1,994 ✭✭✭
    Funny, I bid on that card back in Feb and was watching it closely but was totally floored by what it ended up selling for

    Anyone want to guess as to what his reserve is? $2025 perhaps? LOL

    Looks like a PSA 10 to me, what do you guys see that makes it an 8 in your mind?
    The Clockwork Angel Collection...brought to you by Bank of America, Wells Fargo, and Chase
    TheClockworkAngelCollection
  • thunderdanthunderdan Posts: 3,036 ✭✭✭
    It won't sell because I'm sure his reserve is for more than he paid. He does this from time to time and those cards never sell.
    image


  • PeteZariaPeteZaria Posts: 288


    << <i>Kirk Gibson would've been a better football player in the NFL. Anyone know how he did in the last 4 games of that 88 series? >>



    He didn't make a single out in the last 4 games! He didn't make any errors either.
  • cpamikecpamike Posts: 5,566 ✭✭✭


    << <i>It won't sell because I'm sure his reserve is for more than he paid. He does this from time to time and those cards never sell. >>



    Hello Dan.

    I totally agree, but it only takes one person with an extra $2k plus to blow. Not likely, but could happen I suppose.
    "The woods are lovely, dark and deep.
    But I have promises to keep,
    And miles to go before I sleep,
    And miles to go before I sleep."

    "Life is what happens to you while you're busy making other plans."

    Collecting:
    Any unopened Baseball cello and rack packs and boxes from the 1970's and early 1980s.
  • hammeredhammered Posts: 2,671 ✭✭✭


    << <i>Funny, I bid on that card back in Feb and was watching it closely but was totally floored by what it ended up selling for

    Anyone want to guess as to what his reserve is? $2025 perhaps? LOL

    Looks like a PSA 10 to me, what do you guys see that makes it an 8 in your mind? >>




    If you use the zoom feature, you'll see the edges and corners are weak for a 10
    Also messy print areas, in bottom of pink area near his name (faded) and in the border of the upper right
    All in all a weak 10, PSA missed on this one
    Maybe not as low as an 8 but definitely should be graded a 9

  • thunderdanthunderdan Posts: 3,036 ✭✭✭


    << <i>

    << <i>It won't sell because I'm sure his reserve is for more than he paid. He does this from time to time and those cards never sell. >>



    Hello Dan.

    I totally agree, but it only takes one person with an extra $2k plus to blow. Not likely, but could happen I suppose. >>



    It could happen, but I think it would be more likely to happen if he put this puppy on BIN/BO. The auction reserve turns away many potential buyers I think.
    image


  • cpamikecpamike Posts: 5,566 ✭✭✭


    << <i>

    << <i>

    << <i>It won't sell because I'm sure his reserve is for more than he paid. He does this from time to time and those cards never sell. >>



    Hello Dan.

    I totally agree, but it only takes one person with an extra $2k plus to blow. Not likely, but could happen I suppose. >>



    It could happen, but I think it would be more likely to happen if he put this puppy on BIN/BO. The auction reserve turns away many potential buyers I think. >>



    It does, I won't bid on any auction that has a reserve on it. I would put the odds of this selling about the same as me busting open an unopened pack of cards.
    "The woods are lovely, dark and deep.
    But I have promises to keep,
    And miles to go before I sleep,
    And miles to go before I sleep."

    "Life is what happens to you while you're busy making other plans."

    Collecting:
    Any unopened Baseball cello and rack packs and boxes from the 1970's and early 1980s.
  • thunderdanthunderdan Posts: 3,036 ✭✭✭
    He overpays regularly then tries to flip them using a reserve. Not a good strategy.

    He's also selling an Andre the Giant PSA 9 that I believe he won over Peck (back when I think it was a Pop 1). Now it's a Pop 2 and I think Peck has the other one

    Also, a 71 Alcindor PSA 10. I only know about this one because I lost out to him in the bidding.

    image


  • hammeredhammered Posts: 2,671 ✭✭✭
    Is this the guy who tried to sell an unopened box of '71 Topps he didn't even own?
  • cpamikecpamike Posts: 5,566 ✭✭✭


    << <i>Is this the guy who tried to sell an unopened box of '71 Topps he didn't even own? >>



    Matt, that is a good trick if you can manage it.
    "The woods are lovely, dark and deep.
    But I have promises to keep,
    And miles to go before I sleep,
    And miles to go before I sleep."

    "Life is what happens to you while you're busy making other plans."

    Collecting:
    Any unopened Baseball cello and rack packs and boxes from the 1970's and early 1980s.
  • hammeredhammered Posts: 2,671 ✭✭✭


    << <i>

    << <i>Is this the guy who tried to sell an unopened box of '71 Topps he didn't even own? >>



    Matt, that is a good trick if you can manage it. >>



    I try it all the time. Never works though
  • JustinsShoeboxJustinsShoebox Posts: 1,301 ✭✭✭
    If it's real, that Queen Isabella document that he/she/it sold is really cool!

    Justin
    Retired - Eddie Mathews Topps Master Registry (100% Complete) Rank 1

    Retired - Eddie Mathews Master Registry Set (96.36%) Rank 1
  • grote15grote15 Posts: 29,748 ✭✭✭✭✭
    Rick was the original seller of this card..


    Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
  • Dpeck100Dpeck100 Posts: 10,912 ✭✭✭✭✭
    Thunderdan you are correct. This is the indeed the card that I was the under bidder on when it first hit EBAY. He won the card for $2,104.

    I purchased the second one through a dealer that I do business with and that one is obviosuly locked up in my collection permanately.

    This seller from what I have seen and heard likes to buy very rare items and then try and flip them for more. The problem with that strategy is he is in many cases paying more then what a true collector is willing to pay that would normally be the high bidder.

  • addicted2ebayaddicted2ebay Posts: 2,096 ✭✭✭✭
    Would be better off listing it at a higher starting bid than with a "bid killing" reserve image
  • thunderdanthunderdan Posts: 3,036 ✭✭✭


    << <i>Is this the guy who tried to sell an unopened box of '71 Topps he didn't even own? >>



    Same guy. I think Burgundy ended up with that 71 box eventually.
    image


  • jessherronjessherron Posts: 182 ✭✭
    That being said, I bet it goes for more than you think now.
    1981 Topps in Process
  • Dpeck100Dpeck100 Posts: 10,912 ✭✭✭✭✭
    $1,800 with a few hours to go. Will be interesting to see if someone pushes it high enough to cover the reserve. He has right at $2k in the card.

  • lifeshouldbefunlifeshouldbefun Posts: 431

    At some point in the future, 4SC will produce the 2nd/3rd/4th and 5th of this current 1 of 1.
  • Probstein123Probstein123 Posts: 1,281 ✭
    Rick was the original seller of this card..
    ==> yes, it was mine
    Rick Probstein
    Ebay Store:
    Probstein123
    phone: 973 747 6304
    email: rickprobstein1@gmail.com

    Probstein123 is actively accepting CONSIGNMENTS !!
  • ToroToro Posts: 1,515
    Maybe selling this at the same time the Dimitri Auctions are going on may make him some money. It's already at the last auction price of $2025 with 25 minutes left. It'll need to be pushed past 2.5K for any type of profit.
  • Dpeck100Dpeck100 Posts: 10,912 ✭✭✭✭✭
    I think there are many who thought this card would never sell for more then the past one.

    I would say this is pretty indicative that there is serious demand in the card market for this to sell for this price. 38% higher then the last sale. Impressive.
  • ToroToro Posts: 1,515
    Well, he made a profit on it and not a bad one at that. I'd take $100 after costs, he got a few more than that.
  • thunderdanthunderdan Posts: 3,036 ✭✭✭


    << <i>I think there are many who thought this card would never sell for more then the past one.

    I would say this is pretty indicative that there is serious demand in the card market for this to sell for this price. 38% higher then the last sale. Impressive. >>



    I was wrong about the Gibson, but right about the Alcindor which closed for 2,816 (below reserve) or $242 less than he paid and didn't sell. Interesting to see if the Andre hits his reserve.
    image


  • Dpeck100Dpeck100 Posts: 10,912 ✭✭✭✭✭
    Thunderdan, I too figured the Gibson would not hit the reserve and when I checked out the auction this morning was susprised it was up to $1,800. The final sale price was very strong though which I think continues to bode well for rare baseball cards in particular and I think you will see some shocking prices in the SCP Auctions in just a few days.

    I obviously am interested to see how the Andre plays out and really have no clue what will happen there. On one hand the market for the cards have been quite strong, on the other hand I am not sure if someone will want to pay $2,300+ to most likely cover his reserve.

    Obviously in a few days we will know.

  • Foo3112Foo3112 Posts: 1,961
    $700 Profit!!

    I think the title should be changed to HOW TO BUY A PSA 10 AND FLIP IT
  • handymanhandyman Posts: 5,388 ✭✭✭✭✭
    lol
    PSA is king!!

    Wait the thread might be about the new buyer!
    OH snap.
    To be continued
  • Dpeck100Dpeck100 Posts: 10,912 ✭✭✭✭✭
    In the stock world this is what you call buy high and sell even higher.

    Nicely done.
  • ClockworkAngelClockworkAngel Posts: 1,994 ✭✭✭
    Amazing
    The Clockwork Angel Collection...brought to you by Bank of America, Wells Fargo, and Chase
    TheClockworkAngelCollection
  • EchoCanyonEchoCanyon Posts: 2,288 ✭✭✭


    << <i>$700 Profit!!

    I think the title should be changed to HOW TO BUY A PSA 10 AND FLIP IT >>



    + 1
  • thunderdanthunderdan Posts: 3,036 ✭✭✭
    This thread has staying power I hope. The last two related to this seller that have been posted in the past 24 hours have both been removed.
    image


  • hammeredhammered Posts: 2,671 ✭✭✭


    << <i>

    << <i>$700 Profit!!

    I think the title should be changed to HOW TO BUY A PSA 10 AND FLIP IT >>



    + 1 >>




    -1

    Buying a 1/1 of an average player for $2K plus, hoping to flip it is an extremely bad strategy
    Way too much risk involved, namely if another is graded in the meantime making it a substantially devalued 1/2
    I've seen it happen.

    Seller got lucky. Or something else happened. Not making accusations, though.
  • cpamikecpamike Posts: 5,566 ✭✭✭


    << <i>Seller got lucky. Or something else happened. Not making accusations, though. >>



    image
    "The woods are lovely, dark and deep.
    But I have promises to keep,
    And miles to go before I sleep,
    And miles to go before I sleep."

    "Life is what happens to you while you're busy making other plans."

    Collecting:
    Any unopened Baseball cello and rack packs and boxes from the 1970's and early 1980s.
  • basketballcollectorbasketballcollector Posts: 340 ✭✭✭
    I understand that Nate is buying them to resell on eBay. But, where the hell is he buying the cards from, (also) eBay ?
  • ClockworkAngelClockworkAngel Posts: 1,994 ✭✭✭
    One thing I have learned during my brief time here is that a lot of people have the same feelings of uneasyness I do about the shadyness of certain things and it's too bad. The power these grading companies have to make rich people out of your average Joe is amazing and it's too bad. I want to invest but I also want to have fun and I want it to be on a level playing field....I have been disappointed and confused so many times by the cards I've gotten back, cards that I swear were a 9 or a 10 and are an 8, and then there are 10' and 9's I buy off eBay that I compare against my 8 or 9 and I scratch my head.
    Anywah, I'm off topic a bit and on a bit of a tangent

    Who' going to get the one card that eluded Dmitri Young the 1/1 1981 Topps Fernando Valenzuela Rookie Stars?
    The Clockwork Angel Collection...brought to you by Bank of America, Wells Fargo, and Chase
    TheClockworkAngelCollection
  • Hank36Hank36 Posts: 175 ✭✭


    << <i>One thing I have learned during my brief time here is that a lot of people have the same feelings of uneasyness I do about the shadyness of certain things and it's too bad. The power these grading companies have to make rich people out of your average Joe is amazing and it's too bad. I want to invest but I also want to have fun and I want it to be on a level playing field....I have been disappointed and confused so many times by the cards I've gotten back, cards that I swear were a 9 or a 10 and are an 8, and then there are 10' and 9's I buy off eBay that I compare against my 8 or 9 and I scratch my head.
    Anywah, I'm off topic a bit and on a bit of a tangent

    Who' going to get the one card that eluded Dmitri Young the 1/1 1981 Topps Fernando Valenzuela Rookie Stars? >>


    While it's nice to own a Gem Mint 10, and while it's nice to spend a certain amount of money on a card with some idea of how it stacks up against it's bretheren, the whole idea of submitting a card with the idea of it suddenly being worth thousands of dollars is a turn-off. I liked the idea of submitting my own cards so that I might have graded versions of less-than-popular cards, but I've become somewhat disillusioned for the very reasons you mentioned.

    Compounding the issue is that I've been trying to pick up 70's hockey issues, and they're just not popular enough to where there's any consensus as to what does or does not affect grades. I've got PSA 9 OPC's with noticible stains on the front, yet I have other cards with print defect qualifiers that I can't spot. The relative roughness of an OPC cut is also something for which no uniform grading standard apparently applies.

    So while I do like 8's, 9's and 10's, I've learned to not be bothered by my 7's and qualifiers by reminding myself that I didn't submit them with the idea of making $$$. The money craze killed the hobby for me back when I was a kid, and having money as an adult hasn't really changed that.
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