Carol- a question to clear up some confusion....

CDsNuts · June 3, 2008 11:07AM

What is the policy for sending in flips from PSA crackouts? Do we get any kind of credit or discount off a submission for sending them in, and if so, how much? Any help would be appreciated.

Lee

SDavid · June 3, 2008 11:12AM

and, while you're here, why does one link show a post '72 $5 special and another link show a pre-72 $8 special? Are they both still active?

jradke4 · June 3, 2008 11:18AM

i wouldnt think that you would get anything. all you are doing is allowing them to update the pop report. for all they know you could have crossed in over to a bgs.

fandango · June 3, 2008 11:40AM

<< i wouldnt think that you would get anything. all you are doing is allowing them to update the pop report. for all they know you could have crossed in over to a bgs. >>

LOL yeah right

nam812 · June 3, 2008 11:43AM

Carol is going to see the title of this thread, and who the author is, and be afraid to open the thread.

123Slider · June 3, 2008 11:46AM

<< Carol is going to see the title of this thread, and who the author is, and be afraid to open the thread. >>

Forget about Carol, I passed on it for 10 minutes myself.

drewsef · June 3, 2008 11:50AM

The policy at PCGS has always been 50 cents per label, and it's usually credited to your account whenever they get around to having someone remove all those tags, which is about once a quarter.

CDsNuts · June 3, 2008 11:58AM

Nam, you might be right. I was thinking about prefacing the initial post with: "I'm usually a smartass with nothing relevant to add to this forum, but....."

elsnorto · June 3, 2008 1:03PM

I am going to go out on a limb here and predict a stown appearance in the near future.

Snorto~

MeteoriteGuy · June 3, 2008 1:24PM

<< I am going to go out on a limb here and predict a stown appearance in the near future.

Snorto~ >>

+1 for future stown sighting

nightcrawler · June 3, 2008 2:02PM

+1 for snorto going out on a limb.

Alfonz24 · June 3, 2008 2:11PM

+1 for the

swartz1 · June 4, 2008 8:46AM

bttt

stown · June 4, 2008 10:25AM

You rang?

Hi Carol

elsnorto · June 4, 2008 12:16PM

NOW this thread is complete... a pox upon the houses of all who doubted my powers!

Carol making an appearance would just be a bonus at this point!

Snorto~

Kurtman9 · June 4, 2008 12:23PM

It's 50 cent per. I have a few hundred so I like that deal!

CDsNuts · June 27, 2008 2:12AM

bump

Griffins · June 27, 2008 2:18AM

I think to page Carol you need a large sig line or a political rant.

larryallen73 · June 27, 2008 2:20AM

+1, popcorn guy, politics, swear words.

Stingray · June 27, 2008 2:28AM

70chip · June 27, 2008 2:33AM

<< +1, popcorn guy, politics, swear words. >>

Hi Carol

SportsModerator2 · June 27, 2008 2:34AM

<< What is the policy for sending in flips from PSA crackouts? Do we get any kind of credit or discount off a submission for sending them in, and if so, how much? Any help would be appreciated.

Lee >>

No. PSA does not offer any discounts or vouchers.

SportsModerator2 · June 27, 2008 2:35AM

<< and, while you're here, why does one link show a post '72 $5 special and another link show a pre-72 $8 special? Are they both still active? >>

The 72 to present special is the Set Registry special.
The Vintage is the Collectors Club special.

They are 2 different specials and they are valid until the 30th.

SportsModerator2 · June 27, 2008 2:36AM

<< The policy at PCGS has always been 50 cents per label, and it's usually credited to your account whenever they get around to having someone remove all those tags, which is about once a quarter. >>

Correct. The coin division offers this incentive. The card division does not.

rajah424 · June 27, 2008 2:49AM

+1 for Stan Ridgway. I knew i wasn't alone.

CDsNuts · June 27, 2008 2:49AM

OK, thanks for the clarification.

Stingray · June 27, 2008 2:50AM

<< +1 for Stan Ridgway. I knew i wasn't alone. >>

I do not even know who he is!!

VitoCo1972 · June 27, 2008 3:30AM

Carol, I was told at a Hollywood Park Collectors Show that if you turn in your old flips that you would receive $0.50 off each on your next sub. This is not accurate?

SportsModerator2 · June 27, 2008 3:42AM

If you were told that it would be incorrect. The person may have been confusing divisions.

Carol

Griffins · June 27, 2008 6:47AM

I'd been told that at the HP show in the past as well. Might want to cc your csr's on this.

SportsModerator2 · June 27, 2008 7:06AM

I know I've confused a few things between the 4 different division now and then.
This was addressed a week or so ago so it shouldn't happen again.

Carol

bxb · June 27, 2008 7:25AM

OK Carol, I'll ask the obvious question:

If PCGS pays a reward for returned labels, why doesn't PSA do the same?

Would it not be in everyone's (including PSA's) best interest to keep the pop reports as accurate as possible?

Larry

KbKards · June 27, 2008 7:38AM

I believe the cost to grade a coin is significantly more than the $5 specials that PSA has for cards. When you consider that high volume submitters might pay as low as $3-$4 a card it's kind of hard for PSA to start throwing 50 cents at buying back labels.

SportsModerator2 · June 27, 2008 7:41AM

<< OK Carol, I'll ask the obvious question:

If PCGS pays a reward for returned labels, why doesn't PSA do the same?

Would it not be in everyone's (including PSA's) best interest to keep the pop reports as accurate as possible?

Larry >>

They are 2 different divisions so they don't mirror each other nor does Currency, etc.
Sorry but I do not have an answer for you. The best person to address a policy question to would be Joe.

Carol

RawPlusSlabbed · June 28, 2008 12:47PM

<< I believe the cost to grade a coin is significantly more than the $5 specials that PSA has for cards. When you consider that high volume submitters might pay as low as $3-$4 a card it's kind of hard for PSA to start throwing 50 cents at buying back labels. >>

Also, it does not make sense to spend the extra money to make the population report more accurate.

thedutymon · June 28, 2008 1:57PM

Good Day,
So I think I have it clear...Lee wants the Flips for his collection of Conterfeit Stuff (Makes it much more simple to duplicate things). I vote we send all crackouts to Lee, what do you think Nam???
Neil

CDsNuts · June 28, 2008 1:58PM

Thanks Neil, I would appreciate that. I am building a bartop covered with all flips.

WinPitcher · June 28, 2008 9:04PM

Also, it does not make sense to spend the extra money to make the population report more accurate.

Troll.

Steve

RawPlusSlabbed · June 29, 2008 12:47AM

<< Also, it does not make sense to spend the extra money to make the population report more accurate.

Troll.

Steve >>

Steve, you are the exact reason they do not need to buy flips to make the population report more accurate. You will defend their honor regardless of how poor the choice in regards to the collecting community. My point was simply that, there are too many people that will support the choice regardless of whether it is for the greater good. Because of this, it truly does not make sense for them to buy the flips.

You are a troll Steve. Sitting back on your computer, collecting disability and bullying anyone and everyone that does not believe the things that you do. Then going out of your way to threaten people that you will use your CU influence to have people thrown off the boards that do not go with your flow.

I pay your salary. Show some respect.

WinPitcher · June 29, 2008 12:52AM

Whatever you say troll.

Actually I don't care what the pop says. The pop IMO is simply how many of a certain card PSA graded.

It does not have to reflect exactly how many of a certain card are actually slabbed at anyone time.

Now go back under your rock.

You pay my salary? You couldn't afford me.

Troll

Steve

WinPitcher · June 29, 2008 12:54AM

One more thing troll, I only bully those that come here and twist my words.

Remember when you did that troll?

Steve

RawPlusSlabbed · June 29, 2008 1:59AM

<< One more thing troll, I only bully those that come here and twist my words.

Remember when you did that troll?

Steve >>

Show some class Steve. There where no twisted words. In fact, when I took your actual quotes and commented, you could could not even provide any tangible or intellectual response.

As with case, my statment is that it does not make financial sense for PSA to buy back flips. There is a very loyal fan base following and the fact they will not buy back flips will not adversley affect this fact. Thus making it a poor financial decision to buy back the flips. Those are my thoughts, which certainly could be modified or altered if new information or thoughts were provided. I would love to dispute or discuss my statements with yourself with real dialect. That could be fun and educational. Empty statements that I am a troll are not only inacurate, but inflamentory and counterproductive.

nam812 · June 29, 2008 2:09AM

<< ......There is a very loyal fan base following and the fact they will not buy back flips will not adversley affect this fact. Thus making it a poor financial decision to buy back the flips........ >>

So, if I am reading this right, you're saying that if they did buy back the flips then their loyal fan base would turn against them? Why is that?

It is my belief that a financial compensation for returning the flips would A) Result in many more flips being returned to PSA, and

help, even if only slightly, straighten out the pop reports which would make the loyal fan base alot happier, and potentially even more loyal.

Since I am a part of that loyal fan base, if I found out that because of the flip return financial incentives that my 1955 PSA 9 John Q. Public went from a population of 41 to a population of 33, I know I would be very happy.

RawPlusSlabbed · June 29, 2008 2:12AM

<< 

<< ......There is a very loyal fan base following and the fact they will not buy back flips will not adversley affect this fact. Thus making it a poor financial decision to buy back the flips........ >>

So, if I am reading this right, you're saying that if they did buy back the flips then their loyal fan base would turn against them? Why is that? >>

No, the fan base would certainly like the flips to be purchased back, but it is strong enough that they are not going to leave because the flips are not purchased back. If enough people are not going to leave because flips are not purchased, then it does not make financial sense to buy all the flips back.

VitoCo1972 · June 29, 2008 2:14AM

Sir, I have seen no one "leave" because PSA isn't purchasing back flips. Why are you going insane here? You're making ridiculous statements and slandering a guy with 15K posts on the board. How can you really expect to be taken seriously as a member of this community? There are easier ways to make points than doing this.

RawPlusSlabbed · June 29, 2008 2:21AM

<< Sir, I have seen no one "leave" because PSA isn't purchasing back flips. Why are you going insane here? You're making ridiculous statements and slandering a guy with 15K posts on the board. How can you really expect to be taken seriously as a member of this community? There are easier ways to make points than doing this. >>

You agree with my point exactly and the 15K post guy is calling me a troll.

nam812 · June 29, 2008 2:24AM

So if you ran a business the only time you would re invest in it would be if you were in danger of losing a large percentage of your customer base? What percentage would that be? 10%? 20%? 30%?

What about spending some of the profits (cost of doing business) on getting NEW customers, or even MORE submissions from the old ones? You sound like the kind of guy that ends up needing new rotors every time you have to replace your brakes.

VitoCo1972 · June 29, 2008 2:29AM

<< 

<< Sir, I have seen no one "leave" because PSA isn't purchasing back flips. Why are you going insane here? You're making ridiculous statements and slandering a guy with 15K posts on the board. How can you really expect to be taken seriously as a member of this community? There are easier ways to make points than doing this. >>

You agree with my point exactly and the 15K post guy is calling me a troll. >>

No, sir. you ARE a troll because there is some merit in your post(s) but no one is ever going to take you seriously because of the way you convey it. You come on here attacking two respected members of this community while trying to make a point. How about just laying out your position and explaining why without the insults and snark. But you're obviously the type of guy that has never taken any constructive criticism to heart so I don't envision that happening. Just lay out like 4 F-Bombs already so you can get banned and we can be done with this.

nam812 · June 29, 2008 2:39AM

His posts towards me have not been confrontational, but I believe he and Steve have been going at it in this and other threads. I am just taking the counterpoint that offering a financial reward (even 25 cents per) for returning cracked out flips would be a good move for PSA (other CU divisions do it already), and it would help the pop reports (even if only a little bit).

bxb · June 29, 2008 2:45AM

I consider myself a loyal PSA customer. I also use the PCGS pop reports, as do thousands of coin collectors and dealers. This data is quite visible at most major auctions, and is an integral part of the sales process for higher end items. It is the policy of PCGS to pay a bounty for returned flips, and this no doubt improves the accuracy of the PCGS population data.

I think it would be a wise financial investment for PSA to keep their pop reports as accurate as possible.

The PSA pop report is a major component of the overall appeal of using PSA, especially on the higher end items.

I do not agree that it is OK to let the accuracy of the pop data slide simply because it is cheaper, and not enough people give a hoot. Lots of people care, they just do not frequent these boards, so their opinions are not heard here.

If 50 cents per flip is too costly to maintain the integrity of a central program within a multi-million dollar corporation, perhaps an alternative compensation could be considered, such as a free grading for every x number of flips, etc.

Otherwise the pop report becomes at best an approximation, and at worst a sham.

$0.02

DavidPuddy · June 29, 2008 2:50AM

<< His posts towards me have not been confrontational, but I believe he and Steve have been going at it in this and other threads. I am just taking the counterpoint that offering a financial reward (even 25 cents per) for returning cracked out flips would be a good move for PSA (other CU divisions do it already), and it would help the pop reports (even if only a little bit). >>

I totally agree with nam on this one.
I think a good number of PSA customers do return their cracked out flips, but any extra incentive to do so would help keep the POP report as accurate as possible. $.25, $.50 anything to get a higher percentage of customers to return their flips would benefit every one of PSA's customers.

Carol- a question to clear up some confusion....

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