Another PSA 10 Registry CRAZINE$$ example

hofautos · Feb 2, 2011

I bought this last week for $39
http://cgi.ebay.com/ws/eBayISAPI.dll?Vi ... MEWNX%3AIT

This just sold for $4200
http://cgi.ebay.com/ws/eBayISAPI.dll?Vi ... hFDkQ%253D

Also, note the red banners ::facepalm::
Mine is centered just as nice L-R, and imho overall better eye appeal.

ThoseBackPages · Feb 2, 2011

Re: Another PSA 10 Registry CRAZINESS example

9(oc) is a 7 at best.

qualifiers are stupid

JoshHamilton · Feb 2, 2011

Re: Another PSA 10 Registry CRAZINESS example

Can someone post the winner's ID? Or at least their feedback score?

Wondering if a guy I know won it

ThoseBackPages · Feb 2, 2011

Re: Another PSA 10 Registry CRAZINESS example

JoshHamilton said:
Can someone post the winner's ID? Or at least their feedback score?

Wondering if a guy I know won it

z***t( 1116)

Bob Loblaw · Feb 2, 2011

Re: Another PSA 10 Registry CRAZINESS example

hofautos said:
I bought this last week for $39
http://cgi.ebay.com/ws/eBayISAPI.dll?Vi ... MEWNX%3AIT

This just sold for $4200
http://cgi.ebay.com/ws/eBayISAPI.dll?Vi ... hFDkQ%253D

Also, note the red banners ::facepalm::
Mine is centered just as nice L-R, and imho overall better eye appeal.

It's horribly centered T-B...

Russ S. · Feb 2, 2011

Re: Another PSA 10 Registry CRAZINESS example

ThoseBackPages said:
9(oc) is a 7 at best.

qualifiers are stupid

Quoted for truth!

And the price shows.

FirstClassCardGuys · Feb 2, 2011

Re: Another PSA 10 Registry CRAZINESS example

I hope somebody enjoys their $4300 diamond cut PSA 10 Schmidt. Wow.

hofautos · Feb 2, 2011

Re: Another PSA 10 Registry CRAZINESS example

Jeff N. said:
hofautos said:

I bought this last week for $39
http://cgi.ebay.com/ws/eBayISAPI.dll?Vi ... MEWNX%3AIT

This just sold for $4200
http://cgi.ebay.com/ws/eBayISAPI.dll?Vi ... hFDkQ%253D

Also, note the red banners ::facepalm::
Mine is centered just as nice L-R, and imho overall better eye appeal.

Click to expand...

It's horribly centered T-B...

of course it is...that's why it was $39. My point is I would rather have that $39 card with nice and proper colors than the $4200 card with the miscolored orange banners...

the point of the thread isn't to suggest mine is worth more...the point of the thread is that $4200 for a "psa 10" is craziness, especially with bad coloring.
"Serious collectors with deep pockets will pay BIG BUCKS for rare high grades in PSA slabs" MODERN or OTHERWISE.

James52411 · Feb 2, 2011

Re: Another PSA 10 Registry CRAZINESS example

BGS and PSA are both a joke when it comes to giving "Gem Mint" grades to mis-centered cards. I can honestly I'd rather have a centered NrMt 7 than that card. Come to think of it, a 7 grade is exactly what that "10" should have received. ::facepalm::

fkw · Feb 2, 2011

Re: Another PSA 10 Registry CRAZINESS example

funny. :lol:

In a sad way

The $39 card is closer to the true value of a nice 1974 Topps Schmidt.
1974 cards are a dime a dozen.

20 years ago those 2 exact cards would have been $25 and $40

in 20 years when the registry hype has dissolved, the values will be much closer too.

Mike Schmidt :? uh OK

fkw · Feb 2, 2011

Re: Another PSA 10 Registry CRAZINESS example

Wow, good call, the card is definitely "Diamond Cut" and the red color is borderline print defect to me.

cant believe its a 10, ...............a 10 needs to be PERFECT in EVERY SINGLE WAY!

PS. I take it back, 20 years ago the OP's card would have brought more $$. His superior color exceeds the slight o/c top to bottom.

Being extremely anal on T/B centering is a recent phenomenon.

hofautos · Feb 3, 2011

Re: Another PSA 10 Registry CRAZINESS example

I wonder at time of grading if it is possible that the banners were red, but then the card sat on top of a stack on a desk near a window in the sun for a few years, causing the discoloration?

zach · Feb 3, 2011

With set registry collectors, a population of 4 certainly is a big factor in the price.

To each their own.....I guess.

reljac · Feb 3, 2011

zach said:
With set registry collectors, a population of 4 certainly is a big factor in the price.

To each their own.....I guess.

I agree.

cgilmo · Feb 3, 2011

Just a quick note

The fact that one companies cards of a specific nature sell for more than another companies has no bearing on the grading company has little bearing on the grading company as a whole. Grading isn't supposed to be a cash grab, sadly thats what many people use it for. Grading SHOULD be used to safeguard online purchases these days so that you have an accurate understanding of what you are buying when you can't hold the card in your hand.

hofautos · Feb 4, 2011

^^^ The main reason people spend big bucks on psa graded cards is the registry. The collectors with deep pockets that use the registry try to complete their registry collection in the highest possible grade. they are essentially buying the little paper label more than the card itself, which is clear in the example of this thread, and when these type collectors want something, they bid to win. $4K to many of these type collectors is "chump change". Consider WASSA, people thinks he spends crazy money on those supers, but it's literaly just loose change to him.

There are a ton of registry collections, but the most popular are either classic sets or BIG NAMES (e.g. griffey, arod, schmidt, bench, nolan, ripken, rose, etc...)

abeabe · Feb 4, 2011

I have a PSA 10 that is the ONLY 10 in the population of a 12 y/o certified auto of Lance berkman and I can't get less then 3x book value for it. Some of those registry hunters need to find my card!! http://cgi.ebay.com/LANCE-BERKMAN-Auto- ... 4cf4a75c3f

ThoseBackPages · Feb 4, 2011

Chris, i couldnt have said that any better then you did. kudos!

as for The Registry People. As has been mentioned, money is easier for them to obtain then the cards they want in the grade they want.

easier to make/get more money then it is to buy card x in grade y

hofautos · Feb 4, 2011

abeabe said:
I have a PSA 10 that is the ONLY 10 in the population of a 12 y/o certified auto of Lance berkman and I can't get less then 3x book value for it. Some of those registry hunters need to find my card!! http://cgi.ebay.com/LANCE-BERKMAN-Auto- ... 4cf4a75c3f

^^ When berkman becomes the best at his position, they will come crawling

hofautos · Feb 4, 2011

ThoseBackPages said:
Chris, i couldnt have said that any better then you did. kudos!

Maybe I misunderstood what chris was saying but by reading this statement

>>The fact that one companies cards of a specific nature sell for more than another companies has no bearing on the grading company...

I TOTALLY DISAGREE.
The serious collectors with the deep pockets that bid the crazy high prices are a direct result of the grading company...more specifically PSA registry.

But reading Chris's entire sentence, I couldn't even understand what he said?? The sentence wasn't phrased very well, so maybe I misunderstood him.

BOTTOM LINE - There is no way EVER, that Schmidt would sell for even $1000 let alone $4000 in a BGS or SGC slab. The only reason it sold so high was because of the PSA slab and the registry, which is the point I was trying to make in the thread.

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