Crack out Graded Cards? - Page 2

asujbl · 06-03-2019, 01:51 PM

Will I crack my current cards? Of course not
Will I still submit to PSA? I never really have but if I did previously I would still

I've always done my homework on expensive cards, and I will continue to do so, and I'll also still prefer to have my 2007 Upper Deck Joe Thomas (just bought today as an example) in PSA 10 slab as opposed to raw.

PSA getting involved in this (as they are according to that other thread?) will actually probably be a blessing for them going forward. Tighten up the ship.

speedyjg13 · 06-03-2019, 02:01 PM

Quote:

Originally Posted by Rjk214

Yes it will. The grading industry is already a scam itself. A scam on a scam company? Disasterous.

People will slowly and surely stop paying premiums for more modern graded cards as there is 0 scarcity. It was only a matter of time until the entire house of cards on modern graded cards collapsed and the scams revealed. Sad but it was bound to happen

I will definitely stop paying premiums for graded cards. If anything maybe just buy graded cards for protection not for the grade

no10pin · 06-03-2019, 02:03 PM

Quote:

Originally Posted by speedyjg13

I will definitely stop paying premiums for graded cards. If anything maybe just buy graded cards for protection not for the grade

Same here. I don't believe there's going to be any kind of massive crash, but I think gradually things are going to trend downward. Prices have been increasing for so long that it was bound to happen anyway.

I'm fine holding modern PSA 9s or PSA 8s from the 70s/80s after I reboot my collection. What I'm not going to do is spend 20-30x for a PSA 10 or a vintage PSA 9 given everything that's come out now.

MoreToppsPlease · 06-03-2019, 02:06 PM

There are only a small number of lessons to be learned in light of these horrible scandals.

#1: Stop paying dumb premiums for cards with high grades...or are in pristine/gem condition. Grading was always subjective to begin with, and people paid stupid prices for graded cards before the scandals, partially because bad actors artificially drove up prices. Besides, the scandals make things worse and will only embolden more people to alter more cards...graded or not.

#2: Scammers are everywhere. Always have been.

#3: See #1 above.

But graded card premiums should be linear in nature and not geometric in nature: a 9.5 should always be 5-10% more expensive than a 9, and not 25-100%, etc. The ‘market economy’ has been broken and does not work for graded cards, largely because it is full of corrupt and greedy actors searching for ways to make $$$ on unsuspecting buyers.

Quote:

Originally Posted by speedyjg13

With all the great work by our resident BO detectives, what will everyone do with their cards already in BGS / PSA slabs?

Will this recent scandal cause people to be skeptical of already graded cards? Will already graded cards lose value because of the scandal?

Is it better to crack out the cards and display them raw?

Will you still keep submitting to BGS/PSA?

drstrader5 · 06-03-2019, 02:19 PM

I've decided to sell all my graded cards and stick to buying Jim Bakker's Apocalypse Food Buckets.

craines27mc · 06-03-2019, 02:28 PM

Quote:

Originally Posted by ThoseBackPages

im still buying

Same, sending in another order shortly.

ThoseBackPages · 06-03-2019, 02:40 PM

Quote:

Originally Posted by Rjk214

Yes it will. The grading industry is already a scam itself. A scam on a scam company? Disasterous.

People will slowly and surely stop paying premiums for more modern graded cards as there is 0 scarcity. It was only a matter of time until the entire house of cards on modern graded cards collapsed and the scams revealed. Sad but it was bound to happen

i hope soon!

imbluestreak23 · 06-03-2019, 03:42 PM

Quote:

Originally Posted by ThoseBackPages

i hope soon!

Then nobody will send in slabs for clectors to buy

That would be a sad day.

ThoseBackPages · 06-03-2019, 03:47 PM

Quote:

Originally Posted by imbluestreak23

Then nobody will send in slabs for clectors to buy

That would be a sad day.

Poppa needs that 52T Mantle Lighthouse!

prospectorgems · 06-03-2019, 03:55 PM

I apologize as I did not read every single comment here and the fact that the trimming etc. may be bigger than I realize, but besides the good people here at BO, how many other people really know about this "scandal"? I have a firm belief that BO represents a very small size in the hobby.

dfr52 · 06-03-2019, 04:12 PM

Glad to see others who are not seeing the situation for more than it is and calling for an end of grading.

Colllama · 06-03-2019, 04:23 PM

The only PSA-related collection goal I have is one card of every hall-of-famer in the most personally appealing card photo to me. The only problems I have is that I want it centered and no print dots or extreme surface issues.

I really just want it centered and slabbed for eye appeal and protection. Obviously nobody is going to trim a card and let it remain off-center.

Grading has also been around so long that you can't buy many prewar cards ungraded- and those that you can find raw you have to worry about being refused by grading companies for trimming, etc in the past

cardinalsooner · 06-03-2019, 04:37 PM

SGC crossover

SaltyCracker · 06-03-2019, 04:40 PM

Quote:

Originally Posted by cardinalsooner

SGC crossover

GMA crossovers for me

imbluestreak23 · 06-03-2019, 04:44 PM

Quote:

Originally Posted by ThoseBackPages

Poppa needs that 52T Mantle Lighthouse!

This is a fair tradeoff

Brye86 · 06-03-2019, 05:02 PM

I think we are causing a lot of the problem too. We need to STOP buying graded cards. We need to call out the grading companies.. SPAM their email boxes with this. Call them, visit them. Whatever it takes. We need answers! I'm not saying that all of our cards are trimmed/altered etc but there needs to be measures in place going forward to stop this. They already have a database. They can see who these cards who were submitted buy and just put "possibly trimmed/altered" to any existing card in the database. They can do SOMETHING. They just don't want to and they hope it will all go away.

jasonm2121 · 06-03-2019, 05:09 PM

Why would people want to crack out new cards? I sent most of mine in straight from packs or breaks and have no issue with the grades they have. Older cards that look small or too perfect, suppose that is another story? Never collected them, though. Feel awful for anyone who was ripped off on vintage.

rittdk01 · 06-03-2019, 05:12 PM

Yeah I’m not going to take PSA 10 or BGS 9.5/10 black label seriously. At this point I assume it was altered. It’s like buying autographs off eBay that aren’t certified. I’m sure some of it is real, but all the fakes kill any value the real stuff has. The same will be true when the dust settles on all the alterations and indistinguishable fakes that are in PSA slabs. I would be selling ASAP if I had money wrapped up in high dollar modern.

49erRCCollector · 06-03-2019, 05:32 PM

Quote:

Originally Posted by craines27mc

Same, sending in another order shortly.

I sent in a 119 card personal sub last week. Still eyeing the situation closely. I like cards being graded, and like ripping packs and having my personal cards graded.

SaltyCracker · 06-03-2019, 05:35 PM

1st!! Who’s coming w me?

gamboooler · 06-03-2019, 05:38 PM

I'm less interested in graded cards going forward, that's for sure.

speedyjg13 · 06-03-2019, 07:24 PM

Quote:

Originally Posted by gamboooler

I'm less interested in graded cards going forward, that's for sure.

I'm felling the same. If anything offer raw prices for graded cards if the card is for sale on eBay with an OBO.

ThoseBackPages · 06-03-2019, 07:26 PM

Quote:

Originally Posted by Brye86

I think we are causing a lot of the problem too. We need to STOP buying graded cards. We need to call out the grading companies.. SPAM their email boxes with this. Call them, visit them. Whatever it takes. We need answers! I'm not saying that all of our cards are trimmed/altered etc but there needs to be measures in place going forward to stop this. They already have a database. They can see who these cards who were submitted buy and just put "possibly trimmed/altered" to any existing card in the database. They can do SOMETHING. They just don't want to and they hope it will all go away.

Bassplayah101 · 06-03-2019, 07:53 PM

Quote:

Originally Posted by speedyjg13

With all the great work by our resident BO detectives, what will everyone do with their cards already in BGS / PSA slabs?

Will this recent scandal cause people to be skeptical of already graded cards? Will already graded cards lose value because of the scandal?

Is it better to crack out the cards and display them raw?

Will you still keep submitting to BGS/PSA?

Not a damn thing wrong with any slabs that I own.
The only thing I'm cracking is a beer.

Sent from my SM-G930V using Tapatalk

mouschi · 06-03-2019, 08:15 PM

I think the slabs have become a part of the hobby from a collecting perspective. I would imagine out of everything graded, only a super tiny sliver of a percent would have issues ... I think.

For me, I think a lot of it is going to depend upon who is at fault here. Is PSA just doing what PSA does, and if the card is within the level of tolerance, it passes? If that's the case, I think many collectors will breathe a sigh of relief. If, on the other hand, PSA is a big player in this, and is routinely grading trimmed cards as not altered, that are beyond the minimum tolerance levels, then I think that is when it is when I start to really have a problem with them.

PSA/BGS/SGC all have become a BIG part of the hobby, as everyone knows. What it all boils down for me is this: Are they dirty as a company, or are there simply loopholes that need to be closed up which seedy characters have been operating through?

06-03-2019, 01:51 PM	#26
asujbl Member Join Date: Jun 2010 Posts: 62,804 ohiosundevils	Will I crack my current cards? Of course not Will I still submit to PSA? I never really have but if I did previously I would still I've always done my homework on expensive cards, and I will continue to do so, and I'll also still prefer to have my 2007 Upper Deck Joe Thomas (just bought today as an example) in PSA 10 slab as opposed to raw. PSA getting involved in this (as they are according to that other thread?) will actually probably be a blessing for them going forward. Tighten up the ship. __________________ https://ohiosundevils.smugmug.com/ Browns/Cavs/Tribe/Buckeyes/Jackets/Devils TheFrenzy - “Blowout ain't a place for normies”

06-03-2019, 05:09 PM	#42
jasonm2121 Member Join Date: Apr 2015 Location: GOAT City Posts: 12,006	Why would people want to crack out new cards? I sent most of mine in straight from packs or breaks and have no issue with the grades they have. Older cards that look small or too perfect, suppose that is another story? Never collected them, though. Feel awful for anyone who was ripped off on vintage. Last edited by jasonm2121; 06-03-2019 at 05:17 PM.

06-03-2019, 08:15 PM	#50
mouschi Member Join Date: May 2008 Location: Swimming in a million cards Posts: 9,649 tnhjones	I think the slabs have become a part of the hobby from a collecting perspective. I would imagine out of everything graded, only a super tiny sliver of a percent would have issues ... I think. For me, I think a lot of it is going to depend upon who is at fault here. Is PSA just doing what PSA does, and if the card is within the level of tolerance, it passes? If that's the case, I think many collectors will breathe a sigh of relief. If, on the other hand, PSA is a big player in this, and is routinely grading trimmed cards as not altered, that are beyond the minimum tolerance levels, then I think that is when it is when I start to really have a problem with them. PSA/BGS/SGC all have become a BIG part of the hobby, as everyone knows. What it all boils down for me is this: Are they dirty as a company, or are there simply loopholes that need to be closed up which seedy characters have been operating through? __________________ Tanner Jones, Author of Confessions of a Baseball Card Addict

06-03-2019, 02:19 PM	#30
drstrader5 Member Join Date: Apr 2017 Location: Pittsburgh Posts: 1,809 drstrade5 danstrader5	I've decided to sell all my graded cards and stick to buying Jim Bakker's Apocalypse Food Buckets.

06-03-2019, 03:55 PM	#35
prospectorgems Member Join Date: Feb 2009 Location: Wisconsin Posts: 3,195 hobbygems	I apologize as I did not read every single comment here and the fact that the trimming etc. may be bigger than I realize, but besides the good people here at BO, how many other people really know about this "scandal"? I have a firm belief that BO represents a very small size in the hobby.

06-03-2019, 04:12 PM	#36
dfr52 Member Join Date: Aug 2012 Posts: 4,071	Glad to see others who are not seeing the situation for more than it is and calling for an end of grading.

06-03-2019, 04:23 PM	#37
Colllama Member Join Date: Jan 2019 Posts: 45	The only PSA-related collection goal I have is one card of every hall-of-famer in the most personally appealing card photo to me. The only problems I have is that I want it centered and no print dots or extreme surface issues. I really just want it centered and slabbed for eye appeal and protection. Obviously nobody is going to trim a card and let it remain off-center. Grading has also been around so long that you can't buy many prewar cards ungraded- and those that you can find raw you have to worry about being refused by grading companies for trimming, etc in the past

06-03-2019, 04:37 PM	#38
cardinalsooner Member Join Date: Jan 2010 Location: Oklahoma Posts: 826	SGC crossover

06-03-2019, 05:02 PM	#41
Brye86 Member Join Date: Jun 2019 Posts: 48	I think we are causing a lot of the problem too. We need to STOP buying graded cards. We need to call out the grading companies.. SPAM their email boxes with this. Call them, visit them. Whatever it takes. We need answers! I'm not saying that all of our cards are trimmed/altered etc but there needs to be measures in place going forward to stop this. They already have a database. They can see who these cards who were submitted buy and just put "possibly trimmed/altered" to any existing card in the database. They can do SOMETHING. They just don't want to and they hope it will all go away.

06-03-2019, 05:12 PM	#43
rittdk01 Member Join Date: Sep 2014 Location: Indiana Posts: 2,416	Yeah I’m not going to take PSA 10 or BGS 9.5/10 black label seriously. At this point I assume it was altered. It’s like buying autographs off eBay that aren’t certified. I’m sure some of it is real, but all the fakes kill any value the real stuff has. The same will be true when the dust settles on all the alterations and indistinguishable fakes that are in PSA slabs. I would be selling ASAP if I had money wrapped up in high dollar modern.

06-03-2019, 05:35 PM	#45
SaltyCracker Member Join Date: Oct 2016 Posts: 5,472	1st!! Who’s coming w me?

06-03-2019, 05:38 PM	#46
gamboooler Member Join Date: Sep 2009 Posts: 8,062 gamboooler gamboooler	I'm less interested in graded cards going forward, that's for sure.