$5,800.00 for a Steve Largent PSA 10 ... Overpaid? Underpaid? Just Right?

JackWESQ · May 22, 2008 9:51AM

$5,800.00 for a 1977 Topps Steve Largent PSA 10. Overpaid? Underpaid? Just right?

/s/ JackWESQ

goraiders · May 22, 2008 10:47AM

The thing that seems right to me is who sold it and who bought it.
Gotta love 4sc's!

Publius · May 22, 2008 10:53AM

Just about right, maybe a little low.

Its actually alot rarer of a card than the population of 6

joe

WinPitcher · May 22, 2008 11:20AM

Overpaid IMO as that example has poor centering for a 10.

To me a gem mint card needs perfect centering front and back.

Steve

DrJ · May 22, 2008 11:22AM

I think they underpaid for that bad boy.

HighChopper · May 22, 2008 11:22AM

Slight tilt. For that cash, it's gotta be perfect.

Reminds me why I no longer submit.

ldferg · May 22, 2008 11:23AM

too bad it wasn't my card to sell.

seems like one sold a few months ago.

Publius · May 22, 2008 11:24AM

Heres mine to compare with. Its the nicest looking 10 Ive ever seen, but I am a bit biased

nam812 · May 22, 2008 11:39AM

Joe, Im sure you feel its the nicest looking 10 you've ever seen, but I disagree. I've highlighted a print defect in your card where some green is missing on one side and the green is over the line on the other side.

sagard · May 22, 2008 11:40AM

Three bidders over $5500. Seems like it went about right. The next guy to sell better still hope two others are willing to go all in.

MeteoriteGuy · May 22, 2008 12:08PM

Perhaps it is high
It is after all a lot
And there will be more

Publius · May 22, 2008 12:28PM

<< Joe, Im sure you feel its the nicest looking 10 you've ever seen, but I disagree. I've highlighted a print defect in your card where some green is missing on one side and the green is over the line on the other side.

>>

LOL
Thanks Nick, I appreciate it

David, this is the first one to sell on ebay since I think 2001 or 2002 when one went for $1300, it was a pop 2 back then. I got mine in a private deal back in Feb.

joe

JasP24 · May 22, 2008 12:47PM

<< 
Thanks Nick, I appreciate it

David, this is the first one to sell on ebay since I think 2001 or 2002 when one went for $1300, it was a pop 2 back then. I got mine in a private deal back in Feb.

joe >>

Joe,

Based on my old tracking sheets (pre-VCP) the previous public sale I know of was in August 2006 in Memory Lane auction:

1977 Topps #177 Steve Largent PSA 10 GEM MT $1,438.65

IMO, the nicest of the 3 posted in this thread...Based on the cert#, it was a 4SC submission...Here's a scan:

Jason

Publius · May 22, 2008 12:57PM

Based on my old tracking sheets (pre-VCP) the previous public sale I know of was in August 2006 in Memory Lane auction:

1977 Topps #177 Steve Largent PSA 10 GEM MT $1,438.65

IMO, the nicest of the 3 posted in this thread...Based on the cert#, it was a 4SC submission...Here's a scan:

Jason >>

////////////////////////////////////////////////

JP
Wow, how did that one slip through the cracks? I have been on the hunt for one of those since the one on ebay in 2002-ish went for $1300 that i lost out to. I wasnt even aware of that one from mammory lane I know of one other from Lelands, I think 2003, went for $800.

I think until you hold a card in your hands you really cant pass a judgement on how nice or bad of a psa 10 it is. Im pretty happy with mine, and it wont be going anywhere for 20+ years, print defects and all

joe

erinstubby · May 22, 2008 1:45PM

That card looks like a psa 9 and sold for way over price. I will wait a few years. Those Largent's RC's will be popping up more frequently in 10's and the price will go down quite considerably. I would never have paid that for that card, but that HOF set is some stiff competition and obviously if you have the money to spend on it, go for it. Obviously the buyer was buying the grade and not the card!

Just my 2 cents!!

envoy98 · May 22, 2008 2:12PM

<< 

<< 
Thanks Nick, I appreciate it

David, this is the first one to sell on ebay since I think 2001 or 2002 when one went for $1300, it was a pop 2 back then. I got mine in a private deal back in Feb.

joe >>

Joe,

Based on my old tracking sheets (pre-VCP) the previous public sale I know of was in August 2006 in Memory Lane auction:

1977 Topps #177 Steve Largent PSA 10 GEM MT $1,438.65

IMO, the nicest of the 3 posted in this thread...Based on the cert#, it was a 4SC submission...Here's a scan:

Jason >>

WHAT??? TWO PSA 10's with the same print defects? A travesty!

Great looking cards IMO, but I've settled for a lowly 9.

BobaFett72 · May 22, 2008 2:19PM

great deal for the seller, whats that a $100 card?

cardbender · May 22, 2008 2:30PM

Joe, your Largent 10 is sweet! Actually I would hold off judgement on any of the posted 10's until I could hold them in my hand and loupe them out and compare them side by side to decide which is the 'better' version. I've seen 10's with corner wear plus scans can be deceiving/enhanced.

In any event, I'd be happy to own any of the 10's posted.

Did the buyer overpay? I guess not according to their wallet.

Jerry Rice 10's have sold for up to $3k and there's quite a few more of those in 10 than the Largents.

Rich

OSClabs · May 22, 2008 2:48PM

I'm not sure how they do it.... <scratching my head> ...lately, 4SC has struck gold with `77 Topps Football and PSA 10 grades. For example, population for `77 Danny White Rookie has gone from 3 to 8 in a short period. I wonder how many of those are owned by 4SC.

Danny

StanTheManMusial · May 22, 2008 2:58PM

<< Overpaid IMO as that example has poor centering for a 10.

To me a gem mint card needs perfect centering front and back.

Steve >>

Bingo. My feelings too.

erinstubby · May 22, 2008 3:07PM

Luck is definately on 4SC side. I have seen alot PSA 10's sold here lately that are straight 9's. It's tough enough to upgrade to an 8.5, but they have been pulling PSA 10's like it is going out of style here lately.

Danny, how much does a Danny White PSA 10 go for now. I know they went for about $500 this time last year!

Stone193 · May 22, 2008 3:09PM

I try to never criticize what someone will pay for a card since some may think buying - baseball games and whiskey decanters - is a waste ot time, energy, money and bandwidth...

However....

I can live with this 9 any day of the week for $154.39.

That's just too much money for a card that's not even centered a solid 55/45 from what I can see - forget 50/50.

But, congratulations to the buyer - my guess it's a Registry guy?

mike

erinstubby · May 22, 2008 3:15PM

I agree totally with Mike.

OSClabs · May 22, 2008 3:25PM

<< Luck is definately on 4SC side. I have seen alot PSA 10's sold here lately that are straight 9's. It's tough enough to upgrade to an 8.5, but they have been pulling PSA 10's like it is going out of style here lately.

Danny, how much does a Danny White PSA 10 go for now. I know they went for about $500 this time last year! >>

Hi Tim,

You never know with these Cowboys collectors! I believe the last few went for $400-$500. If a certain seller continues to list PSA 10 Cowboys at this pace, their value will plummet quickly!!

Danny

CDsNuts · May 22, 2008 3:25PM

Look at the three together blown up to the same size (Publius' first, the two 4SC has sold 2nd and 3rd):

Publius' Largent has a lot more total side border than the other two. Take that for what it's worth.

Publius · May 22, 2008 4:13PM

Tim
do you have a scan of the one you sold about 6 months ago on the boards here so we can compare?

//////

Thanks for blowing those up for us to see Lee, thats was a cool comparison. I know my card used to be in a SGC 98 holder and was crossed over to a 10 by a dealer friend of mine here in Portland

I dont pretend to know everything about largent rookies, but I have seen my share. Ive sent in over 100 largents to be graded, raw, cracked em out, SGC, GAI, even GEM crossovers. Ive gotten back every conceivable grade, Ive had 4 different dealers personally inspect my largent cards for possible crossovers, Ive had my dealer friends personally take my cards to the PSA invitational in Vegas in an attempt to get them bumped, etc and etc....

I think this thread is getting a little off base. Is 5k for a card in a 1977 card in a 6 pop to much. Well obvioulsy its not, someone bought it and someone else chased it. Is it crazy, I think we're all a bit crazy for paying what we do for little pieces of cardboard with our childhood hero's on them.

Im happy with my Largent 10, Im sure DC will be happy with his, I assume he is, he already added it to his registry. Wait 6 months and 4SC or DSL will have another 77 FB case bust and another run of psa 10's Im sure.

joe

Stone193 · May 22, 2008 4:25PM

<< I think this thread is getting a little off base. Is 5k for a card in a 1977 card in a 6 pop to much. Well obvioulsy its not, someone bought it and someone else chased it. Is it crazy, I think we're all a bit crazy for paying what we do for little pieces of cardboard with our childhood hero's on them. >>

Joe

As I said - my feelings on this are not directed at any one individual - hey, it's their money and they can do what they want.

But, 5K for a 77T? I'm gonna have to say it's too much - pops IMO mean nothing - today's pop 6 is tomorrow's pop 12.

This has little to do with value and everything to do with the Registry and who has the bigger stick.

If there were no Registry - no one would pay that kind of money - the motivation seems to be ego/competition and bragging rights.

Is there anything wrong with that? Heck no!

Back to the original query - factor out the Registry - and IMO - overpaid. Probably like a 900 to 1200$ card sans the Registry IMO.

mike

detroitfan2 · May 23, 2008 12:31AM

If you spent the $5800 on a bunch of PSA 9's instead (approximately 40?), cracked them all out and re-submitted them, what are the odds that you'd get at least 1 PSA 10?

I'll just never understand the 40 X price factor of a PSA 10 vs a PSA 9.

Stingray · May 23, 2008 12:58AM

<< If you spent the $5800 on a bunch of PSA 9's instead (approximately 40?), cracked them all out and re-submitted them, what are the odds that you'd get at least 1 PSA 10?

I'll just never understand the 40 X price factor of a PSA 10 vs a PSA 9. >>

The only thing I can think of is, now he has one of only six (in PSA 10), instead of one of 100 (or how many there are of PSA 9s).

bman90278 · May 23, 2008 1:06AM

<< If you spent the $5800 on a bunch of PSA 9's instead (approximately 40?), cracked them all out and re-submitted them, what are the odds that you'd get at least 1 PSA 10?

You would think there would be a slight chance of a 10 grade on at least one card, but with my luck I would try it and get a bunch of 8.5's and 8's. Would someone stand a better chance if they were to send the cards in many different smaller groups at different times hoping for different graders?? I would think that would increase the odds.

I'll just never understand the 40 X price factor of a PSA 10 vs a PSA 9. >>

I'm with you on that!

Brian

VitoCo1972 · May 23, 2008 1:46AM

<< Look at the three together blown up to the same size (Publius' first, the two 4SC has sold 2nd and 3rd):

Publius' Largent has a lot more total side border than the other two. Take that for what it's worth. >>

I'm shocked no one else commented on this Lee. I guess we've just been down the road on this before with this topic - you're absolutely right.

Stingray · May 23, 2008 1:59AM

<< 

<< Look at the three together blown up to the same size (Publius' first, the two 4SC has sold 2nd and 3rd):

Publius' Largent has a lot more total side border than the other two. Take that for what it's worth. >>

I'm shocked no one else commented on this Lee. I guess we've just been down the road on this before with this topic - you're absolutely right. Shave and a haircut...2 bits...more like shave and a haircut...$5800. >>

Do we have proof of this??

erinstubby · May 23, 2008 2:21AM

Joe, I don't have a scan, I wish I did to compare. If I had $6000 to drop on a Largent PSA 10, I would do it also. But, in my 25 years of collecting, centering is the most important thing and first thing I look at when I buy a card. If it is a high dollar card and the centering is off the slightest bit, I don't buy it. Like I said before, competition is fierce with that HOF thread and from looking at the recent Largent that sold, obviously he was buying the grade and not the card. I say congratulations to him. His set is remarkable. So is Joe's. Good job guys.

Edited to thank Lee for the blown up pics.

CDsNuts · May 23, 2008 2:51AM

Sting, Vito's right, we've gone down this road before and I'm not trying to get banned (contrary to popular belief). All I can say is it's nearly impossible to tell whether a 70s card has had 1 milimeter or two sliced off, and we all know that trimmed cards get by graders every now and then. Other than a 4sc employee coming forth and admitting to trimming cards, there will never be any proof.

It also seems impossible for 4sc to maintain their insane flow of high grade low pop cards from the 70s and 80s that they have over the past several years. You are lucky to get a half dozen PSA 10s out of a case-fresh unopened box from the late 70s, yet these guys have a never ending flow from every year and every set. Does it seem realistic that they're busting several hundreds of thousands of dollars in wax every month? To me it doesn't, but that's just me.

Stingray · May 23, 2008 3:05AM

<< Sting, Vito's right, we've gone down this road before and I'm not trying to get banned (contrary to popular belief). All I can say is it's nearly impossible to tell whether a 70s card has had 1 milimeter or two sliced off, and we all know that trimmed cards get by graders every now and then. Other than a 4sc employee coming forth and admitting to trimming cards, there will never be any proof.

It also seems impossible for 4sc to maintain their insane flow of high grade low pop cards from the 70s and 80s that they have over the past several years. You are lucky to get a half dozen PSA 10s out of a case-fresh unopened box from the late 70s, yet these guys have a never ending flow from every year and every set. Does it seem realistic that they're busting several hundreds of thousands of dollars in wax every month? To me it doesn't, but that's just me. >>

Point taken, and it would be interesting to see what their buying habits are??

MAD · May 23, 2008 6:28AM

<< If you spent the $5800 on a bunch of PSA 9's instead (approximately 40?), cracked them all out and re-submitted them, what are the odds that you'd get at least 1 PSA 10?

I'll just never understand the 40 X price factor of a PSA 10 vs a PSA 9. >>

That's abou 50-60 9's.

My guess would be 0 10's. imo.

mad

ColleSystem · May 23, 2008 11:54PM

<< 

<< If you spent the $5800 on a bunch of PSA 9's instead (approximately 40?), cracked them all out and re-submitted them, what are the odds that you'd get at least 1 PSA 10?

I'll just never understand the 40 X price factor of a PSA 10 vs a PSA 9. >>

That's abou 50-60 9's.

My guess would be 0 10's. imo.

mad >>

mad is probably right about 0 10s, however i might add that several of those 50 or 60 would be visually better samples.

-Scott

bigreddog · May 24, 2008 4:10AM

All 10's are grossly overhyped and grossly overpriced.

A card is only worth what someone is willing to pay for it, so I guess..... "Just Right"

IMHO there is no such thing as a "Gem Mint 10". All are bought for the label only and the registry.

JasP24 · May 24, 2008 6:48AM

<< All 10's are grossly overhyped and grossly overpriced.

A card is only worth what someone is willing to pay for it, so I guess..... "Just Right"

IMHO there is no such thing as a "Gem Mint 10". All are bought for the label only and the registry. >>

I disagree....I own a couple of Gem Mint/perfect cards that would grade SGC 100 or BGS 10, etc..The difference is, PSA's standards for "Gem Mint" allow for cards in that grade to still have slight imperfections. So, to say ALL are overhyped, overpriced and ALL are bought JUST for the label would be an incorrect statement..Most? Yes. But not all, there are perfect examples out there.

None of the Largent's in this thread would fall into that category, simply because none of them are 50/50 perfectly centered. And I don;t need to hold the card in my hands to see the centering isn't 50/50..A couple are close, and most certainly within the PSA 10 standards of 60/40 or better.

Jason

shagrotn77 · May 24, 2008 8:02AM

<< It also seems impossible for 4sc to maintain their insane flow of high grade low pop cards from the 70s and 80s that they have over the past several years. You are lucky to get a half dozen PSA 10s out of a case-fresh unopened box from the late 70s, yet these guys have a never ending flow from every year and every set. Does it seem realistic that they're busting several hundreds of thousands of dollars in wax every month? To me it doesn't, but that's just me. >>

I agree with everything you said.

jay0791 · May 24, 2008 10:09AM

mr squires...your largent is a true gem.......it was your white elephant for a long time......and for jon..the buyer of the recent largent....within reason, I dont think either of you really cared about the final cost as long as it was reasonable. The two of you are the top predator for the hof rc set. I have mentioned in a few threads about 4sc and grading so no more about this from me !!!!!

Registry points are the same for a high end 10 as a low end 10 ( seems like I am contradicting myself !) I am happy the both of you got the card you needed. Sure, it is inevitable the cost will come down as more pops hit the market......but now, without any more additional 10's...the next one will not sell for nearly as much. Very high end modern cards have a limited audience....and the two top dogs have already fed at the carcas.

envoy98 · May 24, 2008 10:31AM

4SC isn't buying up wax, they buy up raw sets and high grade raw stuff from dealers. I've met several people who have sold sets to them. From what I've heard, they pay very fairly for nice, high grade raw sets. Nowhere near what the seller could get with the stuff graded, but they pay fair for raw. Then they dump the crap via NESC, wash rinse and repeat. The model works. Whether or not they trim or alter cards, I've seen a large number of their submissions and I've never once seen any evidence of that.

fkw · May 24, 2008 11:11AM

$5,000+ for a Largent anything is crazy, period! WOW! Modern collectors pay big $$ for the craziest things.

You could have bought THIS CARD ...... and all 4 Goudey Ruth's or all 4 T206 Cobb's in clean VG and still have $$ left over for a nice mountain bike or a trip for 2 to Hawaii

$5,800.00 for a Steve Largent PSA 10 ... Overpaid? Underpaid? Just Right?

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