How does PSA determine the weight of each card in the registry?
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So i am working on the Tony gwynn Master Collection and looking over the set and what PSA determines to be the most important cards is a bit confusing.
His TCMA Hawaii Islanders is weighted the most, makes sense. Then it's a 1993 PINN. COOPERSTOWN TONY GWYNN DUFEX (never heard of it) Then it's his Refractor from 1993 Finest, and a 1985 KITTY CLOVER POTATO CHIPS DISCS TONY GWYNN. His rookie cards don't have much weight
Is it strictly rarity of the card?
His TCMA Hawaii Islanders is weighted the most, makes sense. Then it's a 1993 PINN. COOPERSTOWN TONY GWYNN DUFEX (never heard of it) Then it's his Refractor from 1993 Finest, and a 1985 KITTY CLOVER POTATO CHIPS DISCS TONY GWYNN. His rookie cards don't have much weight
Is it strictly rarity of the card?
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Its only a dart board if you don't provide any guidance.
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<< <i>If you request for a new set to be added, you have to provide at least 5 certs that would fit into the new set. If you provide weightings for those cards, those are the weightings they will use. If you don't provide any weightings, they will come up with their own.
Its only a dart board if you don't provide any guidance. >>
The problem with this method is that PSA assumes that the collector's opinion is an accurate and objective interpretation of the set as a whole. That's a MASSIVE leap of faith. People are always more inclined to hype up their acquisitions and believe that what they have is more rare/valuable/difficult and what they don't have is more common/cheap/easy. In the handful of sets I've participated in the weighting is a joke.
<< <i>I believe PSA uses the value of the card in PSA 8 in relative comparison to the other cards in that registry set. So in general, the more valuable the card for that grade, the more weight it will receive. >>
I would think pinning it to a set grade (i.e. PSA 8) value makes the most sense given the value (for the most part) takes into account scarcity, popularity, and condition sensitivity.
But what do they do if there are no cards graded PSA 8?
That would also make weighting very fluid in some cases and would likely not be well received by Registry GPA adrenaline junkies.
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<< <i>I wish they would automate the system to take into account the population report for each card and THAT determine the ranking. It seems (as an outsider with no programming experience whatsoever) that it should be a fairly simple process to program, where you simply take each card into the set and weight each according to the number of 10s, 9s, etc. >>
That's fine for widely traded issues but the theory breaks down on player sets.
<< <i>I wish they would automate the system to take into account the population report for each card and THAT determine the ranking. It seems (as an outsider with no programming experience whatsoever) that it should be a fairly simple process to program, where you simply take each card into the set and weight each according to the number of 10s, 9s, etc. >>
Yes, exactly. I had assumed this to be the reality until i started looking it over line by line.
I mean there are so many damn inserts starting in the mid 90's that they are all rare in PSA 10, just because no one is sending them in for grading. Who can keep up? But for instance his 1983 Topps Rookie Card should have certainly more weight than a Potato Chips card
But I'm the idiot that decided to take this massive set registry project on in the first place and it's PSA's gig so they can do whatever they want. I am thinking of aborting ship
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On the other hand the Topps and OPC sets have different weightings assigned to what are thought to be better cards.
I get the feeling there is quite a bit of variance across the PSA Registry.
If you ever start a registry, just reach out to Gayle via email and send her the composite. They're happy to have you do their work for them in my experience.
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<< <i>In my experience, the process involves a dartboard and a blindfold. >>
<< <i>I've created several registries in the autograph sets. I have a formula that I used based on when the person died in relation to when the set was issued. Nobody that's alive can receive more than a 5. If you died within 5 years of set issue, it's a 10, 10 years of set issue, 9 etc.
If you ever start a registry, just reach out to Gayle via email and send her the composite. They're happy to have you do their work for them in my experience. >>
Maybe we should use you to have the Pro-Football HOF Auto'd card set weighted then. Right now a Curly Lambeau has the same weighting as an Emmitt Smith. While I like your theory how do you handle a HOF auto set where the player is alive when set is created but not in HOF, dies and then is elected to HOF?
Collecting:
Brett Favre Master Set
Favre Ticket Stubs
Favre TD Reciever Autos
Football HOF Player/etc. Auto Set
Football HOF Rc's
What I would like to see PSA do is allow more say from the top collectors of certain types of sets. For the normal company sets going off of Beckett pricing will probably be fine. But for Player sets (mainly master sets) why they dont let the top collectors help them to some degree I dont understand. After all who knows more about those collections, PSA or the people that actively collect them.
Other sets that have issues are the auto'd card sets, like the HOF auto'd sets. Since those sets allow any card of the person to be included they are not weighted. Yet we all know that the value of the cards do not lie with the card but with the auto. One would say that they should use the PSA/DNA registry weighting then for the auto'd cards. But the problem is, is that PSA only grades the card or the auto not both. If the auto is graded then it goes into the PSA/DNA registry. If the card is what is graded then it goes into the PSA registry. To me that makes some sense. But at the same time they should recognize that some auto's are harder to come by and hence are more valuable. For an example see my preceding post.
One way to solve this problem would be for PSA to grade both the card and the auto.
Collecting:
Brett Favre Master Set
Favre Ticket Stubs
Favre TD Reciever Autos
Football HOF Player/etc. Auto Set
Football HOF Rc's
They go by auction prices unless you can provide them with iron clad proof of a private sale--which I did with the '70 Topps Candy Lid
They will take your opinion to consideration, but they do not give it much weight without other evidence
<< <i>when i started my now #2 Yaz Master Set I was told that value goes a long way to determine weight. it is not the only criteria, but apparently the most important. I was arguing with them on the '70 Topps Candy Lid, thinking it should be higher than a 6 in weight--perhaps a 10 like the '73 Comics. I mean do they know how TUFF the '70 Yaz Candy Lid is???
They go by auction prices unless you can provide them with iron clad proof of a private sale--which I did with the '70 Topps Candy Lid
They will take your opinion to consideration, but they do not give it much weight without other evidence >>
after all someone that collects the stuff cant know as much about it as those that don't collect it.
Collecting:
Brett Favre Master Set
Favre Ticket Stubs
Favre TD Reciever Autos
Football HOF Player/etc. Auto Set
Football HOF Rc's
<< <i>For the major sets, they used the Standard Catalog of Vintage Baseball Cards by Bob Lemke as a guide to determine weighting. >>
This is correct.
<< <i>
<< <i>I wish they would automate the system to take into account the population report for each card and THAT determine the ranking. It seems (as an outsider with no programming experience whatsoever) that it should be a fairly simple process to program, where you simply take each card into the set and weight each according to the number of 10s, 9s, etc. >>
That's fine for widely traded issues but the theory breaks down on player sets. >>
Not trying to be inflammatory or argumentative but why would that be the case? Too few graded examples?