Why do I keep getting emails wanting me to sell my card for "BOOK"?? SOLD! $385 ($220 ov
bobbyw8469
Posts: 7,144 ✭✭✭
Sorry to get on a soapbox here. I am selling a Don Newcombe card on Ebay for around VCP average selling price. I keep getting emails from buyers reminding me that "book" on this card is only $200. Are these people unaware of what VCP is, or do alot of buyers think "book" is the absolute total word when in comes to vintage cards? Anyway, thank you for letting me vent. I know, you are sorry this happened to me! 
PS - I have been sending replies to the emails copying and pasting what the last recorded sales for my card in my particular grade have sold for...not sure if that is a good idea or not....any suggestions?
PS - I have been sending replies to the emails copying and pasting what the last recorded sales for my card in my particular grade have sold for...not sure if that is a good idea or not....any suggestions?
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bobsbbcards SGC Registry Sets
bobsbbcards SGC Registry Sets
The irony here is, I am one of the cheapest card sellers on Ebay. My cards either sell at VCP average or below average consistently. For someone to say I am overpriced strikes me funny....
<< <i>Sorry to get on a soapbox here. I am selling a Don Newcombe card on Ebay for around VCP average selling price. I keep getting emails from buyers reminding me that "book" on this card is only $200. Are these people unaware of what VCP is, or do alot of buyers think "book" is the absolute total word when in comes to vintage cards? Anyway, thank you for letting me vent. I know, you are sorry this happened to me!
PS - I have been sending replies to the emails copying and pasting what the last recorded sales for my card in my particular grade have sold for...not sure if that is a good idea or not....any suggestions? >>
Very, very few collectors have any idea what VCP is. And that includes a lot of folks that come to these boards. We should not assume that most sending you emails are doing so out of ignorance. I would suggest that most "advising" you about the "book" price are well aware of the value and are looking to position themselves between the book price and your price to ensure or garner a savings.
I would not send them any data to substantiate your pricing. In fact, I unless you're prepared to negotiate, there's little reason to even respond to such emails.
Plus the fact that VCP in NOT very user friendly.
I canceled my membership and have not renewed it for that reason.
If it ever becomes more user friendly would consider re-joining it.
Steve
Believe me, I get a dozen people a month who come into my store with a box of 80's and 90's carp and profess that these cards are worth $xxxx because Beckett or some other book says so. No matter how much you try to explain to them that their cards are worth significantly less, they will not believe you and assume you are trying to rip them off. Only after the 100th person they ask tells them they dont want their stuff, do they realize that they ARE holding garbage.
It is possible that this guy has absolutely no knowledge of the value of high grade vintage cards
On a funny side note, I recently tried to buy a collection, and the owner explained that he understood the difference between market price and book price. When he told me what he thought the "market value" of his collection was, it was about 3x higher than what it actually was. Out of curiosity, I asked where he was getting his prices, and he took me to 707 Sportscards home page!!
"Common sense is the best distributed commodity in the world, for every man is convinced that he is well supplied with it"
<< <i>There are no sales recorded in VCP for 1954 Bowman Newcombe in SGC 8. If there were they would probably be under $200. Your post about quoting prices of what "eights" sell for never mention that they're PSA 8 prices. You're selling an SGC card, which is not the same thing. Quoting PSA prices, without saying they're PSA prices, to make people think that your card is priced cheap is misleading. >>
I agree. There is no VCP price for this card. As you noted SGC cards routinely sell for considerably less than PSA cards in an equivalent grade. The seller should cross it over if he wants a PSA price.
WTB: 2001 Leaf Rookies & Stars Longevity: Ryan Jensen #/25
The only minor detail he fails to mention is that the price of $429.92 is the average selling price of a PSA 8 not SGC 8.
"1954 Bowman DON NEWCOMBE #154 - SGC 88 / 8 (NM/MT) VCP!
HIGHEST GRADED CARD IN SGC POP REPORT!! NONE HIGHER!!!
Up for your bids is this NEAR MINT/MINT shape 1954 Bowman #154 card featuring Brooklyn Dodgers pitcher, Don Newcombe! It was graded by 3rd party graders SGC, and received a grade of 88 / 8 (NM/MT)!! Investment grade BLAZER! Thanks for looking and good luck with your bids! PS- This card is selling for RIGHT AT VCP AVERAGE!!! If you have no idea what VCP average is, go to the PSA message board website and get acquainted with the term. I don't use "book", and I know of no vintage card sellers who do!!!!
There are no returns on 3rd party graded cards. All cards are graded by the BEST grading companies around. I only deal in 4 graders (PSA, SGC, BGS, and BVG). Any card not in one of those holders is not worth the money paid for it!"
Also, if the card has nice centering it could sell for the same as on OC PSA card (with NQ) in the same grade.
Your acting like SGC cards are GEM or PRO.
WTB: 2001 Leaf Rookies & Stars Longevity: Ryan Jensen #/25
<< <i>OK...now that I am home from work, I can respond to some points being brought up. Yes, I was using VCP prices for PSA instead of SGC. There are no recorded sales of this card in this grade for SGC (even though I purchased this very card from Hunt Auction about a year and some change ago). I paid $350+ for the card. Don't remember the exact figure, but it wasn't more than $400. More than the $200 some earlier poster quoted, and substanially more that the $50 some jackleg lowballer offered me on EBay. There was an underbidder in the Hunt Auction (quite possibly more than one), so there was some support above the $300 price level. Yes, I am trying to eek out a profit, albeit a small one. I think PSA and SGC are two of the BEST card grading companies out there, and their prices SHOULD in fact be comparable. In my humble opinion, SGC is a better and more consistent grader than PSA, although I utilitze both, and recognize the fact that PSA commands higher prices on certain cards due to the set registry. I have both types of cards in my possession and would not turn away either grader. In other cards, the prices are VERY close, and certain cards actually do better in SGC holders instead of PSA. The topic of SGC vs PSA has been rehashed over and over again, and does not need additional comment on my part, as everyone is well aware of the general variances of the two. That being said, in response to a card being worth $400+ in a PSA holder and worth half of that in an SGC holder is pure laughable. Someone saying that is hoping to widen the gap between the two graders, maybe to purchase cards in SGC holders themselves for lower prices for future placement in a PSA holder. That too, is another topic, and while I do understand you can't compare apples to oranges, BOTH PSA & SGC are top tier graders and an SGC 8 and a PSA 8 of the same card should be VERY comparable IMHO.........thanks for letting me speak. >>
This is why they came up with "Book" pricing to begin with. Your right hand, can tell your left hand everything it wants to hear...
"If I ever decided to do a book, I've already got the title-The Bases Were Loaded and So Was I"-Jim Fregosi
Steve
The price that a PSA 8 sells for on this card has nothing at all to do with what a SGC 8 sells for. It's not because SGC doesn't know what it's doing. It's because very few SGC collectors care about the card in the 8 holder and there is little market for the card. If you look at the SGC registry for 1954 Bowman the top set is 20% complete with an average of 81. There is little market for this card in the SGC holder. Who are you going to sell it to? http://www.sgccardregistry.com/registry.aspx?cat=1
Now look at the PSA set registry for 1954 Bowman. 15 sets 98% or better completion with 9 sets an average of 7.97 and higher. 30 sets with 19.5% and higher completion compared to only 1 SGC set at 20% completion. http://www.psacard.com/SetRegistry/PublishedFinest.aspx?c=640
The market for the card is huge in a PSA holder, and when it comes up for auction the price will be high. In an SGC holder, who cares. Maybe a crossover guy might take a chance at a couple hundred but it's not worth the risk to most. If you want to sell the card at your price then just put it in a PSA holder and it will have a good shot at selling.
There have only been 6 for sale in the past 3 years and there hasn't been a PSA 8 offered for sale in 6 months.
Based on those 6 sales, I think $430 still gives a buyer a little bit of room to assume the risk of it not crossing.
I like that you are taking offers. If it were me, I might be ready to jump at an offer of $350.
Actually if it were me, I would cross it myself and hope for a price similar to what this card was selling for a couple years ago because if the most recent auction was an aberration, then this is a $500-$700 card.
<< <i>When I try to buy a card or collection and someone tells me I am lowballing them and that their card books for $100, I tell them to go find the guy who wrote that book and see if he will give them $100 for their card since he says it is worth $100. >>
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When I try to sell a card or collection for $200, and someone tells me I am highballing them and that my card only books for $100,
I tell them to go find the guy who wrote that book and see if he will sell them his card for $100, since he says it is only worth $100.
Steve
<< <i>I am not saying that the cards from different graders should be down to the penny equals. I can appreciate the differences that some collectors may favor one grader over another. But to say that one grader's card should be more than double over their competitors card is downright insulting to the grader being put down. It infers that the graders at SGC don't know what they are doing. We aren't talking about GEM, PRO, or BCCG. There are some fine graders over at SGC. If collector's could appreciate that fact, there would be no need for reviews. Nor would there be a need to put down a grader's card in an attempt to pick it up on the cheap. Just my two cents worth..... >>
No one has inferred anything about SGC graders or PSA graders and no insults have been made other than your attempt to misdirect the points made by others. The price differentials mentioned, whether accurate or not (and I personally think the differential is not as significant as some have suggested), are the byproduct of the market demand and not an inference about the quality of the grading service encapsulating the subject card. To suggest anything other than that is an attempt to deflect accountability for one's own words or is said simply out of ignorance. Since I don't think that you're ignorant, I will suggest that you are trying to equate apples to oranges to sell your orange at an apple's price and doing so is inherently deceptive! If you expect me to believe anything else, then I am insulted.
With regard to grader credentials, I'll take Derek's (SGC) opinion over virtually anyone else in the hobby. But that doesn't mean that cards that he grades are worth more than cards graded by other graders at SGC or any grader at PSA. It's akin to saying that you think a store brand item is better than a name brand item even though the name brand item sells far more often and for higher prices than the store brand item. You can't try to sell someone else the store brand item and expect them to pay the name brand item's price just because of your opinion. But in the case discussed, you are doing just that. Quoting and SGC item with a PSA price history without noting that the price history is actually not completely applicable to the SGC item. Tsk, tsk, tsk...
<< <i>Tell them to buy it from the book.
Steve >>
lol
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That's sorta the heart of it.
I like a few store-brand and generic items, but I would not want
to pay "name-brand" prices for them.
But, I kinda suspect the PSA Registry has a great deal to do with
big price differences on some items. Folks building a PSA Registry
set simply don't want to go to the risk/trouble of trying to cross
over an SGC card.
Pre-war cards in SGC holders seem pretty popular. PSA seems to
still be favored for most other cards.
At least they arent saying "50% book"
<< <i>I am not saying that the cards from different graders should be down to the penny equals. I can appreciate the differences that some collectors may favor one grader over another. But to say that one grader's card should be more than double over their competitors card is downright insulting to the grader being put down. It infers that the graders at SGC don't know what they are doing. We aren't talking about GEM, PRO, or BCCG. There are some fine graders over at SGC. If collector's could appreciate that fact, there would be no need for reviews. Nor would there be a need to put down a grader's card in an attempt to pick it up on the cheap. Just my two cents worth..... >>
If the cards should be basically priced the same, then you should be jumping at the opportunity to revise your description to read 'PSA 8's avg. about '$x.xx, and this is a comparable grade'. This removes all ambiguity, and as you've just said will not at all impact the final price.
You're welcome, and I'm glad I could help.