Home Trading Cards & Memorabilia Forum

Crazy bidding activity...due to the "high-end" PWCC certification?

What am i missing?.....been sleep deprived so I'm probably missing something very simple.

1974 Ryan PSA 9 with "PWCC high end certification" goes for over $1625!!!

Background....basically one PSA 9 sells per month within a tight range of $380-440 over the past 3 years. Doesn't seem rare.
When i found mine a few years ago it wasn't that difficult to find centered. Maybe now it is but still a nice steady volume selling. This one was very visually appealing.

Today it stayed at $950ish (already double the norm) until the last few seconds when it jumped to $1625..didnt see that one coming.

the two big bidders had very high % with PWCC but with their (PWCC) volume may it not be unusual. I don't subscribe to them shilling their own auctions although maybe the consignor does at times but it still took two to get into the thousands. Then another two bidders entered the fray.

Conclusion...open to suggestions...maybe the high end certification does work. So how do i get mine certified? Theres the can of worms. Its a small sample size so far but it does seem the "sticker" does attract even more eyes.
Interested in higher grade vintage cards. Aren't we all. image
«13

Comments

  • hyperchipper09hyperchipper09 Posts: 1,455 ✭✭✭✭✭
    It's redundant and useless to add "high end" to any PSA 9 or 10 in my opinion. It's already "high end" if it's "mint" or "gem mint"
  • Dpeck100Dpeck100 Posts: 10,912 ✭✭✭✭✭
    I see there are two Magic and Bird rookies in a PSA 9 they have listed and the one with the high end certified label is pacing at $468 higher then the other one.

    A lot of times when they have multiple copies of cards in the same grade they pace at almost identical prices until the snipes come in.

  • seebelowseebelow Posts: 1,643 ✭✭✭
    Dpeck and Hyper I agree with the redundancy of "high-end" and I also had both bird rookies "bookmarked" to follow them. It will be interesting to follow this "sticker" thing.

    I know PWCC cards do get a bit of a percentage premium due to their customer base. Especially for "high-end" rookie cards, certain stars. But for a 1974 Ryan? wow...but a Quadruple premium.....I want a sticker!! image
    Interested in higher grade vintage cards. Aren't we all. image
  • thunderdanthunderdan Posts: 3,036 ✭✭✭
    That bird magic has remnants of the dreaded black line in bottom right of the corner. Confirmed by Brent. IMHO no way it's a high end 9 because of this.

    Of course the high end "works." However, huge conflict of interest. I've seen several gem 10s with this certification. I find those a little ridiculous.
    image


  • grote15grote15 Posts: 29,715 ✭✭✭✭✭
    And people thought the BBCE shrinkwrap commanded a premium!

    Does a collector buying psa 9 1974 Nolan Ryan cards really need a subjective opinion by the seller of said card to believe it is high end? Isn't that the point of the PSA 9 grade and your eyesight in the first place?

    I can understand a small premium being added to the hammer price, but this one is on a completely different level.


    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.
  • begsu1013begsu1013 Posts: 1,943 ✭✭
    i'm just glad i completed most of my sets prior to this implementation.
  • Dpeck100Dpeck100 Posts: 10,912 ✭✭✭✭✭
    Perhaps this sale is an anomaly. I remember last year a 1980 Topps Henderson in a PSA 9 going for over $1,000 that was a really sharp example.

    I get that there will be a premium but a multiple of this kind is pretty steep.

    The real question is how are these cards going to get treated by PSA with the stickers on them. Will they pay attention? Will it perhaps persuade a grader to lean more towards the bump? In my view that will be the ultimate test and we won't know the answer to these questions for awhile.

  • begsu1013begsu1013 Posts: 1,943 ✭✭
    and then what happens if a card does get the bump? obviously the case would be cracked and sticker disposed of. you would still have the cert document, but then it's a cert for an "8" vs "8.5 or 9". not speaking of this ryan, just a card in general as there are older cards w/ grades of 6's and 7's that have the "high end cert"
  • Dpeck100Dpeck100 Posts: 10,912 ✭✭✭✭✭


    << <i>and then what happens if a card does get the bump? obviously the case would be cracked and sticker disposed of. you would still have the cert document, but then it's a cert for an "8" vs "8.5 or 9". not speaking of this ryan, just a card in general as there are older cards w/ grades of 6's and 7's that have the "high end cert" >>




    People will talk and if there are reports of cards bumping the premiums will be large.


  • 70ToppsFanatic70ToppsFanatic Posts: 2,106 ✭✭✭✭


    << <i>And people thought the BBCE shrinkwrap commanded a premium!

    Does a collector buying psa 9 1974 Nolan Ryan cards really need a subjective opinion by the seller of said card to believe it is high end? Isn't that the point of the PSA 9 grade and your eyesight in the first place?

    I can understand a small premium being added to the hammer price, but this one is on a completely different level. >>




    BBCE shrink wrap is nothing like the PWCC "Good Housekeeping" seal of approval.

    BBCE shrink wrap means that one of the foremost experts in unopened material has examined the item
    and rendered an opinion that it is authentic. How many unopened collectors can pick up evidence of
    tampering in an unopened product at a consistent percentage rate anywhere near to what Steve Hart
    can achieve?

    Unless Brent is now a recognized expert, the PWCC sticker means that someone thinks a card is
    nice for the technical grade. Most collectors should be able to tell that without being guided by
    someone else who is no more an expert than they are.

    It would be more valuable for Brent to create a form of provenance that a particular card, with a particular
    flip number was sold by PWCC. He could even keep an image database of all of the cards he has sold which
    could be made publicly available and checked by collectors to see what the card looked like when it was sold
    by PWCC. Now THAT would be very valuable IMO.

    This sticker thing is nothing more than effective marketing aimed at manipulating the opinions of the less experienced.


    Dave
  • grote15grote15 Posts: 29,715 ✭✭✭✭✭
    David, I was being facetious. image


    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.
  • This was one I was watching. Overgraded card with print dots, OC, touched corner and flaking. Not certified high end but still sold for a nice chunk of change. Would probably be a 7.5 at best if I subbed it.

    75 Ryan 9
  • 60sfan60sfan Posts: 311 ✭✭✭


    << <i>

    << <i>And people thought the BBCE shrinkwrap commanded a premium!

    Does a collector buying psa 9 1974 Nolan Ryan cards really need a subjective opinion by the seller of said card to believe it is high end? Isn't that the point of the PSA 9 grade and your eyesight in the first place?

    I can understand a small premium being added to the hammer price, but this one is on a completely different level. >>




    It would be more valuable for Brent to create a form of provenance that a particular card, with a particular
    flip number was sold by PWCC. He could even keep an image database of all of the cards he has sold which
    could be made publicly available and checked by collectors to see what the card looked like when it was sold
    by PWCC. Now THAT would be very valuable IMO. >>


    PWCC does have an image database of all the cards they've sold..........see "auction history" on their website.
  • seebelowseebelow Posts: 1,643 ✭✭✭
    I'm hoping its an anomaly but lets throw out the "shilling debate" for a second...there were 4 bidders on that card paying/bidding a gigantic premium...not even in the vcp range
    Interested in higher grade vintage cards. Aren't we all. image
  • SdubSdub Posts: 736 ✭✭✭
    I'm not sure about the high-end sticker. I bid on the Munson rookie, well over VCP; but while reviewing the card I'm thinking "why is this card not high-end", it looked beautiful to me. I'm looking for a flaw because it must have one since PWCC didn't give it a sticker.

    And therein lies the problem. For the extra value on the high-end cards, is there a subsequent de-valuing of the non high-end cards? Don't know, but I guess I'm in the minority because non high-end cards went for a bundle also.

    I also bid on the 71 Banks, but again, I'm thinking why did this card NOT get a sticker. So I went back a few hours before the deadline, looked at the card again, and didn't like the centering all that much, so I lowered my bid to non-aggressive. Maybe I was subconsciously looking for a flaw? Needless to say, I was blown away on that one.

    I imagine some of PWCC's big consignors are jockeying to get that sticker now.

    I admire that Brent is taking initiative and leading the charge for e-bay driven card auctions, so i can't fault him for that. They are still the best IMHO.



    Collecting PSA 9's from 1970-1977. Raw 9's from 72-77. Raw 10's from '78-'83.
    Collecting Unopened from '72-'83; mostly BBCE certified boxes/cases/racks.
    Prefer to buy in bulk.
  • 70ToppsFanatic70ToppsFanatic Posts: 2,106 ✭✭✭✭


    << <i>David, I was being facetious. image >>



    Understood. I was expressing an opinion that I find the whole PWCC sticker thing geared solely to benefit
    sellers and PWCC, and that if Brent wanted to really do something that would benefit all interested parties
    (instead of just hyping cards so that neophytes overpay for them and/or large consignors start playing the
    game of "sticker me or I will consign elsewhere") then he should maintain and make accessible an image
    database of every card/item he sells that is "serialized" (or that could be serialized by a sticker like he has).

    Imagine you see a card for sale somewhere with PSA flip # 12345678 and it's a well-centered PSA 7
    Clemente RC. You punch that flip number into PWCC's database and discover that they sold that flip
    13 months ago (a PSA 7 Clemente), but the centering is completely different than what is being offered
    now. Helpful?

    Or perhaps its a BBCE authenticated 1975 mini wax box that PWCC adds a sticker (serialized) on the bottom
    when they sell it. Now some of the history of that box is available to future purchasers. Or taken 1 step further
    PWCC could have a registry-like database for items that they serialized (that were previously not serialized) that
    keeps track of ownership transfers (voluntary that buyer and/or seller could log the transaction in) so that the
    chain-of-custody/ownership (i.e. a form of provenance) of an item could be available to potential buyers when
    something PWCC sold is offered for resale in the future.

    Images of what it looked like when it was at PWCC could certainly help root out efforts to pass off crack & swap
    cards versus what was originally graded. Seeing the number of turnovers of an item (not necessarily the identities
    of who owned it) might also be helpful. I don't think naming prior owners would be a good idea, but knowing
    how many hands something has gone through on the unopened side can add a lot of valuable info.

    IMO the sticker thing is going to end up adversely "tainting" an otherwise huge asset to the hobby, as any of the
    following could either occur, or create concern that it was occurring even if it were not:

    - the temptation for PWCC to apply the sticker (and generate higher final values) results in over-application of the sticker
    - consignors start trying to use the existence of the sticker to extract favorable placements with PWCC
    - buyers who pay premium prices do not get expected "bumps" or find it hard to generate the price paid on later efforts at resale

    Instead of the the item being arbitrarily deemed "high end" I'd find it a lot more valuable having the item identifiable as having
    been sold and recorded (and possibly even traceable from a provenance standpoint) from a high end broker. That would be worth
    a small premium IMO.


    Dave
  • SdubSdub Posts: 736 ✭✭✭


    << <i>

    << <i>David, I was being facetious. image >>



    Understood. I was expressing an opinion that I find the whole PWCC sticker thing geared solely to benefit
    sellers and PWCC, and that if Brent wanted to really do something that would benefit all interested parties
    (instead of just hyping cards so that neophytes overpay for them and/or large consignors start playing the
    game of "sticker me or I will consign elsewhere") then he should maintain and make accessible an image
    database of every card/item he sells that is "serialized" (or that could be serialized by a sticker like he has).

    Imagine you see a card for sale somewhere with PSA flip # 12345678 and it's a well-centered PSA 7
    Clemente RC. You punch that flip number into PWCC's database and discover that they sold that flip
    13 months ago (a PSA 7 Clemente), but the centering is completely different than what is being offered
    now. Helpful?

    Or perhaps its a BBCE authenticated 1975 mini wax box that PWCC adds a sticker (serialized) on the bottom
    when they sell it. Now some of the history of that box is available to future purchasers. Or taken 1 step further
    PWCC could have a registry-like database for items that they serialized (that were previously not serialized) that
    keeps track of ownership transfers (voluntary that buyer and/or seller could log the transaction in) so that the
    chain-of-custody/ownership (i.e. a form of provenance) of an item could be available to potential buyers when
    something PWCC sold is offered for resale in the future.

    Images of what it looked like when it was at PWCC could certainly help root out efforts to pass off crack & swap
    cards versus what was originally graded. Seeing the number of turnovers of an item (not necessarily the identities
    of who owned it) might also be helpful. I don't think naming prior owners would be a good idea, but knowing
    how many hands something has gone through on the unopened side can add a lot of valuable info.

    IMO the sticker thing is going to end up adversely "tainting" an otherwise huge asset to the hobby, as any of the
    following could either occur, or create concern that it was occurring even if it were not:

    - the temptation for PWCC to apply the sticker (and generate higher final values) results in over-application of the sticker
    - consignors start trying to use the existence of the sticker to extract favorable placements with PWCC
    - buyers who pay premium prices do not get expected "bumps" or find it hard to generate the price paid on later efforts at resale

    Instead of the the item being arbitrarily deemed "high end" I'd find it a lot more valuable having the item identifiable as having
    been sold and recorded (and possibly even traceable from a provenance standpoint) from a high end broker. That would be worth
    a small premium IMO. >>





    Extracting your 2nd paragraph:
    Imagine you see a card for sale somewhere with PSA flip # 12345678 and it's a well-centered PSA 7
    Clemente RC. You punch that flip number into PWCC's database and discover that they sold that flip
    13 months ago (a PSA 7 Clemente), but the centering is completely different than what is being offered
    now. Helpful?Text

    I lost you here. Someone cracked out the original PSA 7 and put a different PSA 7 in the case that is not as well centered? Please elaborate.

    Collecting PSA 9's from 1970-1977. Raw 9's from 72-77. Raw 10's from '78-'83.
    Collecting Unopened from '72-'83; mostly BBCE certified boxes/cases/racks.
    Prefer to buy in bulk.
  • 70ToppsFanatic70ToppsFanatic Posts: 2,106 ✭✭✭✭


    << <i>

    << <i>

    << <i>David, I was being facetious. image >>



    Understood. I was expressing an opinion that I find the whole PWCC sticker thing geared solely to benefit
    sellers and PWCC, and that if Brent wanted to really do something that would benefit all interested parties
    (instead of just hyping cards so that neophytes overpay for them and/or large consignors start playing the
    game of "sticker me or I will consign elsewhere") then he should maintain and make accessible an image
    database of every card/item he sells that is "serialized" (or that could be serialized by a sticker like he has).

    Imagine you see a card for sale somewhere with PSA flip # 12345678 and it's a well-centered PSA 7
    Clemente RC. You punch that flip number into PWCC's database and discover that they sold that flip
    13 months ago (a PSA 7 Clemente), but the centering is completely different than what is being offered
    now. Helpful?

    Or perhaps its a BBCE authenticated 1975 mini wax box that PWCC adds a sticker (serialized) on the bottom
    when they sell it. Now some of the history of that box is available to future purchasers. Or taken 1 step further
    PWCC could have a registry-like database for items that they serialized (that were previously not serialized) that
    keeps track of ownership transfers (voluntary that buyer and/or seller could log the transaction in) so that the
    chain-of-custody/ownership (i.e. a form of provenance) of an item could be available to potential buyers when
    something PWCC sold is offered for resale in the future.

    Images of what it looked like when it was at PWCC could certainly help root out efforts to pass off crack & swap
    cards versus what was originally graded. Seeing the number of turnovers of an item (not necessarily the identities
    of who owned it) might also be helpful. I don't think naming prior owners would be a good idea, but knowing
    how many hands something has gone through on the unopened side can add a lot of valuable info.

    IMO the sticker thing is going to end up adversely "tainting" an otherwise huge asset to the hobby, as any of the
    following could either occur, or create concern that it was occurring even if it were not:

    - the temptation for PWCC to apply the sticker (and generate higher final values) results in over-application of the sticker
    - consignors start trying to use the existence of the sticker to extract favorable placements with PWCC
    - buyers who pay premium prices do not get expected "bumps" or find it hard to generate the price paid on later efforts at resale

    Instead of the the item being arbitrarily deemed "high end" I'd find it a lot more valuable having the item identifiable as having
    been sold and recorded (and possibly even traceable from a provenance standpoint) from a high end broker. That would be worth
    a small premium IMO. >>





    Extracting your 2nd paragraph:
    Imagine you see a card for sale somewhere with PSA flip # 12345678 and it's a well-centered PSA 7
    Clemente RC. You punch that flip number into PWCC's database and discover that they sold that flip
    13 months ago (a PSA 7 Clemente), but the centering is completely different than what is being offered
    now. Helpful?Text

    I lost you here. Someone cracked out the original PSA 7 and put a different PSA 7 in the case that is not as well centered? Please elaborate. >>



    For example, someone carefully cracks out a true 7 and substitutes a well centered 5.5 or maybe a 6. Then re-subs the raw "7" and gets it back in a
    new 7 holder. Meanwhile the tampered-with slab gets offered as a 7 on eBay. If the tampering is not too evident someone probably gets scammed.

    But give us a way to enter the flip # and the PWCC image database comes up with images of the item when PWCC sold it (which
    are pretty likely to appear different than it does post-tampering). Image database could also be done when the items get originally slabbed
    and the same value would be provided.


    Dave
  • PMKAYPMKAY Posts: 1,372 ✭✭
    Are we all underestimating the power of probstein's "LOOKS UNDERGRADED" tagline?

    link
  • 19541954 Posts: 2,904 ✭✭✭
    I don't understand this PWCC and Probstein auctions. I actually might just give them some cards at the National for auction to see how my stuff sells. I guarantee not one of my cards will get above SMR.
    Looking for high grade rookie cards and unopened boxes/cases
  • SdubSdub Posts: 736 ✭✭✭
    OK, so the original PSA 7 card has a new case and new flip number, But the original PSA 7 case has a new card (lessor grade).

    Does this happen a lot in your opinion? And if it happens, does the perpetrator (or perpetraDer) re-sell the original flip case with the same consignor? I'm just not clear on how PWCC's serialized database is going to address this rare instance.

    I'm curious because I've recently bid on some expensive cards and I'm looking for ways to see if they've been re-holder (same PSA grade, but different flip #). Knowing a card has been reholderd after it was recently sold is important information to me.
    Collecting PSA 9's from 1970-1977. Raw 9's from 72-77. Raw 10's from '78-'83.
    Collecting Unopened from '72-'83; mostly BBCE certified boxes/cases/racks.
    Prefer to buy in bulk.
  • SdubSdub Posts: 736 ✭✭✭


    << <i>Are we all underestimating the power of probstein's "LOOKS UNDERGRADED" tagline?

    link >>



    Good one

    Looks Undergraded=High End=Must crack this one=reviewed by grader of death=begging for a bump=too legit to not submit
    Collecting PSA 9's from 1970-1977. Raw 9's from 72-77. Raw 10's from '78-'83.
    Collecting Unopened from '72-'83; mostly BBCE certified boxes/cases/racks.
    Prefer to buy in bulk.
  • 70ToppsFanatic70ToppsFanatic Posts: 2,106 ✭✭✭✭


    << <i>OK, so the original PSA 7 card has a new case and new flip number, But the original PSA 7 case has a new card (lessor grade).

    Does this happen a lot in your opinion? And if it happens, does the perpetrator (or perpetraDer) re-sell the original flip case with the same consignor? I'm just not clear on how PWCC's serialized database is going to address this rare instance.

    I'm curious because I've recently bid on some expensive cards and I'm looking for ways to see if they've been re-holder (same PSA grade, but different flip #). Knowing a card has been reholderd after it was recently sold is important information to me. >>



    Cant say that it happens a lot or a little. All I know is that it happens and many of us have seen it or experienced it. If there was an image database with close-enough detail of key characteristics you could eliminate a large percentage of the risk that substitutions get made. Every card basically has some unique characteristics in its "fingerprint" (i.e. centering, corner wear, print marks, fish eyes, etc.). I believe it is already done with coins as they get encapsulated. But since that is not the situation with cards, PWCC is a perfect place to initiate such a tool. They already HAVE the images. They just need a way to navigate directly from a flip number to an image, and then its a 1-time exercise to use an image interpreter to match flip numbers to URLs in their existing database.

    Might even be able to allow a scan of the newly offered item to be compared by expert software to the image in the PWCC image database and give a percentage value of how closely they match (or percentages for each major characteristic so that if the tint/color is slightly off due to different scanners
    you could still get strong verification based on other physical characteristics such as corner wear, edge wear, centering, front and back consistency, etc.).
    As long as PWCC "watermarks" their images so they cant be re-used by scammers, all of the technology needed to do that already exists.

    And it does not matter whether the scammer re-offers it via PWCC, on eBay or via another AH. Check the flip number against the database and see if the images are consistent. We can already do cert verification to make sure that the grading database shows that the recorded flip number is assigned to the player and has the particular grade that you see in an offered item. I'm just suggesting going the next step.


    Dave
  • I am a little surprised that PWCC's certifications have cause as much discussions as they have!

    After all, PWCC and all other cosigners are a business and they are trying to make as much as possible. It is their job to get as much as possible for their consignees. As long as they stay within certain parameters, that is what they are in business to do, and that should be expected by their buyers. PWCC, Probstein, Mile High & any other auction house you can think of are always trying to be unique & come up with new selling gimmicks. Walmart does it, the place you bought your car from does it, every retail store in America is trying to get the maximum for their product. So what is the big deal that PWCC has come up with a new gimmick? (and I don't mean gimmick in a negative or positive way.)

    As far as saying a PSA 9 or 10 is already high grade and should not receive a sticker, how many times do I hear this board say that is a terrible 9 or 10. Even though a card receives a 9 or 10, there are still high sided 9 & 10's just as there are low end 9 & 10's. So a sticker on a 9 just tells you they believe this is a high sided 9.

    As far as is it working, it sure appears to be all though plenty of cards without the sticker have gone quite high also, so I don't think anybody has to loose to much sleep about this issue.
  • begsu1013begsu1013 Posts: 1,943 ✭✭
    curious if there has been a pwcc "high end" 10...yet?

    or is it possible within their generated rules?

    if it is, then lord have mercy on their souls and wallets!

    edit: if one is/eventually listed, someone please poke me in time so that i can get the popcorn ready.

  • JWBlueJWBlue Posts: 489 ✭✭✭
    Can I receive the Cliffs Notes of this thread?

    Is someone at PWCC giving his opinion that a certain PSA card is better than another similarly graded card?

    It kind of makes sense. Everyone knows not all similarly graded cards are the same.

  • 60sfan60sfan Posts: 311 ✭✭✭


    << <i>curious if there has been a pwcc "high end" 10...yet?

    or is it possible within their generated rules?

    if it is, then lord have mercy on their souls and wallets!


    edit: if one is/eventually listed, someone please poke me in time so that i can get the popcorn ready. >>



    Yes........Rick Barry RC PSA 10.......and a Staubach PSA 10 - cant remember what year the Staubach is.
  • seebelowseebelow Posts: 1,643 ✭✭✭
    Since so much emphasis is now being placed on these certifications and what they represent...I think that it is important to answer the question...what do they represent?

    If such a subjective item is now being applied and used to increase the cards value, I think its becoming more important to clear up potential issues before they become issues. And off the top of my head is ...how many certifications are being applied, how many certs per grade are issued, how many certs per general submissions are being issued, etc? They already have a tag number it looks like. So i agree with 70topps. I think there should be a data base....to compare and standardize the grading or submissions....how many psa 9s get a cert, how many 10s, and more importantly allowing us to see the image of which cards get the cert.

    This may clear up if these certs do have a value and what the value is. Right now Im having a difficult time wrapping my head around that it has a value of 4 times the going VCP rate! And to some extent it may help prevent fraud. "Does it happen a lot?" was asked. I think fraud happens enough in this hobby that anything to help prevent fraud should be looked at. I think the serial number-matching is a major idea. Ive always wondered why BBCE doesnt include a serial number/ hologram with their wrappings. We all know where there is the potential for easy money people are already working to figure out how to "misrepresent" their items and to fake any authentication in place. We've already heard rumors of various authenticated unopened boxes being opened and found to be tampered with or resealed. Nothing concrete that I can find and thats another thread.
    Interested in higher grade vintage cards. Aren't we all. image
  • cardcountrycardcountry Posts: 571 ✭✭✭
    I agree with the database- but I'd love to see it come straight from Psa. As soon as a card is graded, it is scanned into a database. When the very # is searched, the image is displayed also. Would be a huge asset in detecting fraud imo.

    Jeff
    Jeff Foy/Dave Foy
    Card Country
    Graded stars 1950's-1980
  • gemintgemint Posts: 6,112 ✭✭✭✭✭
    I was tracking that 1974 Ryan PSA 9 and have been looking for 1 for several months now. It's certainly not hard to find, but most of the 9s I've seen lately had a flaw like poor centering on the reverse or a fisheye or some other flaw. However, no way I was going to bid over the $503 it was sitting at and certainly not over a grand. I wouldn't be surprised if a dealer bought it and will attempt to get it bumped. It was a strong 9 with PSA 10 characteristics.
  • mattyc_collectionmattyc_collection Posts: 2,127 ✭✭✭✭✭
    Well I wound up going over 2x VCP for the Brett Mini 8-- and it didn't even have a High End sticker. And if there was another collector out there who liked the card as much as I did (or should I say is as crazy or sick as I am?!), and put in a snipe around where mine was, the final price would've been 3x the previous "average" price.

    Of course had Brent saw the beauty I saw and designated it high end, I would have tripled my snipe image !

    Seriously, though, anomalies can often amount to just two or more guys who saw and liked something enough, and threw out prices they'd be okay paying. Then final bids clash and boom. Especially for cards in lower price ranges, meaning say a card was historically selling for $100. A collector sees one he wants and says, "This is the one for me. I'll drop $300, what the hell." Another guy thinks the same way and like that the old VCP avg is shattered.

    Instagram: mattyc_collection



  • << <i>Well I wound up going over 2x VCP for the Brett Mini 8-- and it didn't even have a High End sticker. And if there was another collector out there who liked the card as much as I did (or should I say is as crazy or sick as I am?!), and put in a snipe around where mine was, the final price would've been 3x the previous "average" price.
    >>



    If you are referring to This one, I had a snipe set for $305 thinking that would be more than enough. Snipe never went off .
  • gemintgemint Posts: 6,112 ✭✭✭✭✭
    That's a nice mini Brett. I think it didn't get the high end designation because of the paper flaw on the right border on the reverse.
  • flatfoot816flatfoot816 Posts: 2,194 ✭✭✭
    I buy and sell with PWCC. Too much buying in fact!!

    some stuff I am willing to pay over VCP for--why? Because usually the money that is paying for the item is already at PWCC in the form of auctions consignments. Brent allows you to pay for your winnings from what you are selling. He just deducts what he owes you after the goods sell. So no money -- technically--comes out of my bank account.

    More to the point--the vast majority of my stuff consigned is stuff that I will be making a handsome profit on--adding to my willingness to pay more than what that card/wax pack might have ordinarily been worth

    This may be a reason why he gets higher prices also
  • Like it or not I think many people will be setting higher snipes on a PWCC auction because it carries the PWCC certification.

    For cards sub 10 I think the lure of the bump is just too great, especially with cards that almost exponentially increase in value as the grades climb.

    Many people play the bump game and if they can get an edge, in their eyes, then I think they'll pay for it.
  • dennis07dennis07 Posts: 1,842 ✭✭✭
    Now is a good time to buy high-end without the PWCC sticker if you can get them at or near VCP average. Given time if this auction is any indication
    the cards given the good eye appeal blessing by PWCC and soon to be copycats will raise the VCP averages. If I had a stash of cards to sell I'd put them away for
    a couple of months to see if my theory is correct.
    Collecting 1970 Topps baseball
  • seebelowseebelow Posts: 1,643 ✭✭✭
    Next logical step (and question)....someone wins a card with the certification sticker thens wants to sell it.

    Id like to see the results when he puts it up for auction under his own account....what premium are us collectors willing to pay for a stand alone card with the sticker?

    Id love to see that PSA 9 '79 Ryan go back up for auction (not under the PWCC heading)....anywhere near the $1600? I don't think the 1st buyer will be happy.


    Are we going to see these cards with cert stickers start to show up in REA, Memory Lane, Mile high, Heritage et al AH's ?
    Interested in higher grade vintage cards. Aren't we all. image
  • mattyc_collectionmattyc_collection Posts: 2,127 ✭✭✭✭✭
    What's easy to lose sight of in all this talk of stickers and prices is the bottom line: is the collector happy with the card he's bought for his collection? Assuming it's a legit sale and a collector buy, I have to think the new owner of that 1974 Ryan is happy to have the card, and is more concerned with enjoying it every day than he is at what it might or might not sell for should he re-list it on eBay.

    Instagram: mattyc_collection

  • 80sOPC80sOPC Posts: 1,377 ✭✭✭✭✭


    << <i>What's easy to lose sight of in all this talk of stickers and prices is the bottom line: is the collector happy with the card he's bought for his collection? Assuming it's a legit sale and a collector buy, I have to think the new owner of that 1974 Ryan is happy to have the card, and is more concerned with enjoying it every day than he is at what it might or might not sell for should he re-list it on eBay. >>



    Exactly, I doubt the guy is worried about resale. That cards looks as good as they get and I bet it gets buried in a collection for a long time. Or it bumps and hits the market in a new 10 slab.
  • seebelowseebelow Posts: 1,643 ✭✭✭
    i agree if he is happy...thats why i stay out of the conversations discussing when the premium is 10, 20 or 40%...ive admitted that I've paid 50% over the highest vcp for a card...in my mind it was perfectly centered, rare, blah blah....and Im happy with it...my point is for a $400 '74 psa 9 non rookie nonrare card, i could be just as happy finding a similar card for $5-600 and maybe a psa 10 (to satisfy buying the flip not the card argument) and having an extra $1000 in cash sitting next to it. Im glad he's happy. And looks as though 3-4 people would have been happy with it.

    Im very happy with my overpaid card. The point here is a cert sticker worth quadruple the amount? Im not saying yes or no. Ill wait and see though. Time will tell. Hence the discussion and asked upon opinions.

    I can't think of any of my PSA 9 cards that id be happy with if I paid 4x the highest rate. But thats just me. And i thought i was pretty free spending with my money. ha.

    Ok back to reality..Cmon Lebron..only because i want a game 7...little bit slow sports wise. Um Ant-man?
    Interested in higher grade vintage cards. Aren't we all. image
  • JWBlueJWBlue Posts: 489 ✭✭✭
    Why do people pay more for a card sold by PWCC?
  • begsu1013begsu1013 Posts: 1,943 ✭✭
    well here is one of the five "10s". used the super blow up for you guys....and i'm a realist, so it's ok to dog it and that pd above "A" for a 10. i did when i bought it, but my bills are paid and looking back now, the price was right. anyways, i wouldn't complain if it goes to a pop 6. that is a gorgeous card and certainly better than this 10, imo. i did send this one in to psa just for verification and a "are you sure?"

    image
  • hammeredhammered Posts: 2,671 ✭✭✭


    << <i>i did send this one in to psa just for verification and a "are you sure?" >>



    I'm confused. You spent probably $5k on this card, then sent it to PSA, asking if they felt like reholdering it as a 9?
  • mattyc_collectionmattyc_collection Posts: 2,127 ✭✭✭✭✭
    If they did deem it a 9 and the 10 a mistake, they would cut him a check for the difference between and 9 and 10 and let him keep the card in a 9 holder. It's happened to me when I bought a higher grade card for a good bit of money. I felt it was overgraded in its existing grade, but would've been a hell of a card in lower grade. They saw the flaw, regraded it properly, and reimbursed me for the difference. Very fair and swift process.

    Instagram: mattyc_collection

  • Dpeck100Dpeck100 Posts: 10,912 ✭✭✭✭✭


    << <i>If they did deem it a 9 and the 10 a mistake, they would cut him a check for the difference between and 9 and 10 and let him keep the card in a 9 holder. It's happened to me when I bought a higher grade card for a good bit of money. I felt it was overgraded in its existing grade, but would've been a hell of a card in lower grade. They saw the flaw, regraded it properly, and reimbursed me for the difference. Very fair and swift process. >>




    Interesting information. I assumed he sent it back to make sure they agreed that the holder was legit.

  • hammeredhammered Posts: 2,671 ✭✭✭


    << <i>If they did deem it a 9 and the 10 a mistake, they would cut him a check for the difference between and 9 and 10 and let him keep the card in a 9 holder. It's happened to me when I bought a higher grade card for a good bit of money. I felt it was overgraded in its existing grade, but would've been a hell of a card in lower grade. They saw the flaw, regraded it properly, and reimbursed me for the difference. Very fair and swift process. >>




    Interesting. PSA 10s have sold for 4k up to 11k. Would PSA give him the difference between an average 9 value and an average 10 value, or would they ask him to show what he actually paid, and refund the difference, if they deem it to be a 9?
  • waxman2745waxman2745 Posts: 764 ✭✭✭


    << <i>If they did deem it a 9 and the 10 a mistake, they would cut him a check for the difference between and 9 and 10 and let him keep the card in a 9 holder. It's happened to me when I bought a higher grade card for a good bit of money. I felt it was overgraded in its existing grade, but would've been a hell of a card in lower grade. They saw the flaw, regraded it properly, and reimbursed me for the difference. Very fair and swift process. >>



    Hypothetically speaking, in the case of this 74 Ryan coming back a 9, would PSA use VCP or SMR for the value of the PSA 9? The recent PWCC sale of the Ryan 9 is quite a bit higher than other PSA 9 sales.
    Adam
    buying O-Pee-Chee (OPC) baseball


  • << <i>If they did deem it a 9 and the 10 a mistake, they would cut him a check for the difference between and 9 and 10 and let him keep the card in a 9 holder. It's happened to me when I bought a higher grade card for a good bit of money. I felt it was overgraded in its existing grade, but would've been a hell of a card in lower grade. They saw the flaw, regraded it properly, and reimbursed me for the difference. Very fair and swift process. >>



    Wouldn't it have been easier and a lot cheaper on PSA to just get it right the first time?
  • mattyc_collectionmattyc_collection Posts: 2,127 ✭✭✭✭✭
    When this scenario has happened to me, they used my receipt to show the value of the grade I purchased, and they used SMR to establish the value of the current grade. It's not a scenario that I'd imagine occurs with any frequency, though. Just nice to know there was an equitable protocol in place to address it.

    Instagram: mattyc_collection

  • begsu1013begsu1013 Posts: 1,943 ✭✭


    << <i>

    << <i>If they did deem it a 9 and the 10 a mistake, they would cut him a check for the difference between and 9 and 10 and let him keep the card in a 9 holder. It's happened to me when I bought a higher grade card for a good bit of money. I felt it was overgraded in its existing grade, but would've been a hell of a card in lower grade. They saw the flaw, regraded it properly, and reimbursed me for the difference. Very fair and swift process. >>




    Interesting information. I assumed he sent it back to make sure they agreed that the holder was legit. >>



    exactly.
Sign In or Register to comment.