Quote:
Originally Posted by salsdali
am I wrong or does every submission sell for cost (cost of submission) except for 10's which fetch a premium?
IOW, no one is making any profit off 9's or less, right?
If so, isn't PSA the real winner here?
IOW, a 10 card submission = Nine 9's and One ten so after costs of selling nine 9's your broke even with one 10 left that may, or may not fetch a premium in the future.
seems like PSA is the winner here
are the people really calculating the cost of acquiring all those nines to get to that ten to make a profit?
IOW, I think the "error" rate at which PSA miscalculates cards grade is more than your error rate in cost of acquisition and this is why PSA continues to profit day to day without dying while the rest of us die. nice business model
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It certainly depends on the card and the price you get it at.