Why is this?
Foo3112
Posts: 1,961
Ive noticed that most people sub with PSA over BGS...
However, why does a 10 in BGS rack up much higher than a psa 10.
Example: Canseco 1986 Donruss Rookie seLls between $70-90 but a 10 from BGS will sell for $300.
I think BGS comes down harder when it comes to the grading scale. Any reason?
However, why does a 10 in BGS rack up much higher than a psa 10.
Example: Canseco 1986 Donruss Rookie seLls between $70-90 but a 10 from BGS will sell for $300.
I think BGS comes down harder when it comes to the grading scale. Any reason?
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Comments
The scales work as below
BGS 10 = n/a = Pristine
BGS 9.5 = PSA 10 = GEM MINT
BGS 9 = PSA 9 = MINT
BGS 8.5 = PSA 8.5 = NM-MT+
BGS 8 = PSA 8 = NM-MT
and so on...
BGS 10 is up and above a BGS 9.5 or PSA 10. BGS says that their 10's are PERFECT in everyway. They are very rare and almost impossible to get.
mathew
drugs of choice
NHL hall of fame rookies
more perfection and less population so they tend to bring in higher dollars
Thanks
Marc
<< <i> BGS says that their 10's are PERFECT in everyway. They are very rare and almost impossible to get.
mathew >>
They used to be rare. Beckett has loosened the grip on giving out BGS 10s in the last 3 years or so. I have received enough of them on modern cards that I am actually disappointed when I only get a 9.5.
Beckett is a tough grader. Have any of yall subbed to them in the last 2 years? They still get the money for there grades bc they are tough and they only like centered cards. Unlike SGC.
A perfect example is the 1986 Fleer Michael Jordan. If you busted a fresh pack and pulled a perfect Michael Jordan that card is getting sent to Newport Beach and not Dallas. There are probably plenty of PSA 10 Jordan's that are amazing that could land in a BGS 10 holder but won't because the submitter would never dream of sending it to BGS. The vast majority of BGS 9.5's of this card sell for just under half of what the PSA 10 sells for so it is an easy decision where to send your ultra high end example of this card. The fact that a BGS 10 sells for nearly 12 times as much as a PSA 10 is simply stupid and won't last as Beckett's business continues to slide.
It is not even debatable that BGS has clearly lowered their standards due to poor business in hopes of getting more submissions and re capturing the market share they have lost. PSA has 80%+ market share and it is for a reason. Their primary business is selling price guides and their subscription business has fallen over 75% in the past 8 years so it is easy to see why they would lower their standards in hopes of boosting revenue.
In the early part of the 2000's BGS was clearly making a major run at PSA and many BGS cards were selling at a premium in the same grade. Once the 1980's card market collapsed the tied began to once again turn in PSA's favor and at this stage it is not even close. I have said it before if you are looking at cards as any sort of investment long term I believe you will be sorry if you choose to position your collecting in BGS holders. Time will tell but I feel very confident I am right.
Beckett is a solid company. Better than SGC. I said Beckett was #2 not #1. They grade on the same level as PSA if not tougher. Market share is what kills them I agree. But there is room for error being #1.
The market is littered with examples just as the one above. Heck the PSA 9 of this card sells for 2 to 3 times as much that should tell you something right there.
Markets are efficient over time and the prices reflect that in many cases.
I was just saying PSA #1 market share, Beckett #2, SGC go away Last.
#s on what has been graded means nothing. It was said that why do BGS 10s Sell for more than PSA 10s. Maybe thats why there are more 1993 SP jeter BGS 9.5s?
Back when Beckett first came out I looked at 9.5s as PSA 9s and BGS 10s as PSA 10s.
Look at the Jeter 1993 SPs as 9s then BGS 9.5s blow away PSA 9 prices. BGS 10s Also blow away PSA 10 Prices
There are plenty of great looking cards in BGS holders too but they in recent years have allowed that to become watered down.
A great example is a 1982 Cal Ripken Topps Traded. In recent months there have been quite a few sales in the $1,400 range for a PSA 10. Some above and some below but many in this range. The highest priced BGS 9.5 went for $720.
If these cards were always equal then everyone would race out and buy the BGS 9.5 and instantly get them into a PSA 10 holder. This would drive the price up on the BGS card and down on the PSA card until they risk premium narrowed. As I said before markets are efficient over time and with the profit motive if they were indeed equal this situation would not exist.
When you say a 1982 Cal sold for 1400 in PSA 10 and a BGS 9.5 sold for 700. I think Great!! Compare the PSA 9s to BGS 9.5s if you feel Beckett is a soft grader then. See the numbers now?
Beckett in general is a dying company and this I believe has a lot to do with there massive decline in business and will make it even harder for them to recover.
There is no doubt that the PSA registry was a brilliant move on their part and has clearly helped fuel their business. The registry isn't going anywhere and this will continue to be a major driver of business going forward.
There is no doubt there has been tampering with the PSA slabs and for some cards that has been an issue. The vast majority it is not. I personally like the PSA holder better and find that the BGS holder is much easier to crack cards out of.
You obviously though can't put it back together once this has been done which you could say is an advantage in some cases.
Everyone has their tastes and preferences and personally I would rather go with the recognized leader as they have had to do a lot of things right to earn that spot.
They are going to have to do a lot of things wrong for them to give up their number one position and over time as more iffy cards make it into BGS slabs they are actually hurting themselves and not helping.
There is no doubt there has been tampering with the PSA slabs and for some cards that has been an issue. The vast majority it is not. I personally like the PSA holder better and find that the BGS holder is much easier to crack cards out of.
Seriously??? I have cracked out many BGS and PSA cards and cracking out a BGS card can be dangerous!!! They are much tougher to crack out!!!!
TGF Collection
TGF Sports
Firmly grip the slab and take wire cutters and place them at the upper right corner. Crack the corner off and it should pop off easily. Take a flat head screw driver and push it into the separation and lift. In seconds the slab loosens and now gently slide the screw driver around the top of the slab. Once you have moved it across much of the top just lift and it will pop off into two pieces. Then snag the bag and take scissors and cut the top of it and then remove the card and put into your card saver. The only mess is the small corner you cut off. I have cracked out numerous cards this way and don't even hesitate with expensive cards because it is so easy and safe.
I have a much harder time using this method with PSA but the same method should be used and will work you just have to be much more careful with the slab.
next would be golf and boxing, and racing last and some other oddball stuff
if you can't bet on it in Vegas it ain't a sport.
If you read in this auction this seller was the first to cross a PSA 10 to a BGS 10.
This is my point exactly.
"Live everyday, don't throw it away"
Edited to add there are 112 watchers on this auction.
You're also way off on the 86 Fleer Jordan. The BGS 10 Jordan that supposedly was once a PSA 10, sold for over $100k a few years ago.
From prior in the thread. Last I checked 12 times as much is not 10k.
Mike was asking what I thought the Jordan I posted would sell for and I said 10k+.
BGS slabs are super easy to crack. I have a method where one corner gets cracked off and the two slabs break apart at the seem.
<< <i>
BGS slabs are super easy to crack. I have a method where one corner gets cracked off and the two slabs break apart at the seem. >>
Once again, crack open a BGS slab and replace the card in the holder with another. Then put it back together without showing any damage to the holder.
You obviously though can't put it back together once this has been done which you could say is an advantage in some cases.
From my prior post.
<< <i>There is no doubt there has been tampering with the PSA slabs and for some cards that has been an issue. The vast majority it is not. I personally like the PSA holder better and find that the BGS holder is much easier to crack cards out of.
You obviously though can't put it back together once this has been done which you could say is an advantage in some cases.
From my prior post. >>
I have cracked numerous PSA and SGC slabs without using anything but my fingernail. If you have to use any tools to crack a BGS slab, then PSA and SGC slabs are obviously easier to crack.
<< <i>BGS grades sheet cut cards so don't be surprised if you see alot of BGS 10's in population. PSA and SGC refuse to grade these cards as they are not cards pulled from packs. Sheet cut cards are pretty much worthless in this industry and it's a shame that many people don't even know that BGS does this. Try crossing over a BGS 10 to PSA or SGC and you'll get rejected. Just don't see how BGS would be ahead of SGC in any way. >>
Were probably going to get those few posters to pop in now to claim that a sheet cut card is just as good and as valuable as a card pulled from a pack
<< <i>
<< <i>BGS grades sheet cut cards so don't be surprised if you see alot of BGS 10's in population. PSA and SGC refuse to grade these cards as they are not cards pulled from packs. Sheet cut cards are pretty much worthless in this industry and it's a shame that many people don't even know that BGS does this. Try crossing over a BGS 10 to PSA or SGC and you'll get rejected. Just don't see how BGS would be ahead of SGC in any way. >>
Were probably going to get those few posters to pop in now to claim that a sheet cut card is just as good and as valuable as a card pulled from a pack >>
A sheet cut card is just as good and as valuable as a card pulled from a pack
Have a good one!
All my points are no longer valid. If BGS could be so lucky.