Is there so much mistrust in the hobby that graded cards have become the norm for collecting vintage cardboard? It serves its purpose, in that, it gives you a card in a grade you wish to have, but cant you use your own two eyes to see the approximate grade of a card and avoid the premium of a card graded by a third party? The most annoying thing about graded cards is how people who send the cards they have in to get graded think that it makes their cards worth so much more than a non-graded card. Not just the 5-10 dollars more, but sometimes hundreds of dollars more. It cracks me up.
I figure that everyone who collects cardboard would have a brain in their head. They would, like me, look on a graded and ungraded card as similar items with the graded card having a slightly higher price because of the cost to get it graded. In other words if I see a mint card that’s ungraded (by my observation using the standards that have been in the hobby for decades) and the same card that is graded, I would want and assume that I could pay the same price for both cards with the added amount it cost the seller to grade the card put on the graded version.
Depending on what grading company you use, how many cards you send in, and what discounts you take advantage of, the cost to grade 1 card is less than 20.00. So why do i see a non graded ’89 upper deck Ken Griffey Jr. mint card selling for $40.00 yet a graded one selling for $350.00? It’s a joke right?
1989 UD #1 Griffey Jr. PSA 10 eBay Listing
You collectors out there aren’t falling for the greedy seller’s need to fleece people of there hard earned cash are you? Or, perhaps I’m the idiot and people don’t mind paying a hefty premium on cards that are graded, especially those that gain Gem Mint status., even when there are literally 1000s of those exact cards graded and ungraded that already have or will have the same designation. I always thought scarcity was one of the main drivers of price, but it seems it’s more the grading of cards that is the most important thing.
Is a Gem mint graded card that has 100s of copies worth the prices? It seems so. You do realize that just because there are only 5 graded gem mint designations for a card, or 3, or 2, that it doesn’t mean they are the only ones in existence. Especially for cards that are not from the pre 70s. As more and more people grade their collections, more and more cards populate that gem mint area of the hobby.
The perfect example of this craziness was a recent purchase I noticed on ebay with the help of reading an article on sportscollectorsdaily.com.
How much would you pay for a really nice ungraded copy of Nolan Ryan’s 1978 Topps #400 card? If you looked it over and saw that the corners were sharp, the centering was dead-on, there where no stains or blemishes and the sheen was very nice as well, would you fork over 30.00? Perhaps, or you might realize that the card is not even close to being Ryan’s rookie card (its 10 years on) and try and buy it for a more reasonable 15.00-20.00.
Now what about a graded version of the card? If you would pay 30.00 for what looks like a pristine copy of it ungraded, what would you pay for it graded? 60.00? I mean if you would pay 30.00 for an ungraded, why not 60.00 for a nice graded psa 9? it gives the seller 30.00 for the card, 10.00 for the cost of grading it, and an extra 20.00 for his troubles. Sounds reasonable right?
Well looking at the sold and listed 1978 topps Nolan Ryan on ebay, be prepared to pay 500.00 to 1,299.00 for this card. It’s a joke right? You are in agreement with me correct? Well if that doesn’t blow you mind enough, what do you think someone would pay for a Gem Mint 10 copy of the card? A card that is 10 years from his rookie card, in a set produced in large numbers from 1978? Would you believe $17,877.00. No that is not a typo.
21 bidders bid 41 times over 10 days to reach that crazy number. here is the page:
1978 Topps #400 Nolan Ryan PSA 10 eBay Sale
I wonder what will happen to these cards decades in the future. will they keep going up in price, or will they die. what happens when the plastic yellows and the printing fades on these encasing? Will the owner remove the card having it return to ungraded status, or will he send it back to a grading company to have it regraded taking the chance that time has not brought the card down from its gem mint status? It seems a predicament that I would want to avoid especially when it involves 1000s of dollars.
Anyway, I think it might be time to go through my collection and start sending off my cards to get graded so i can charge 1000% more for the cards I own. Hell, I think i might start buying boxes of vintage 70s and 80s cards and start grading all of them so i can make millions lol.