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Wednesday, October 31, 2007

Professional grading and vintage cards

Professional grading has changed the vintage card market tremendously. The cards have become commodities and it is possible to buy and sell them sight-unseen with much more confidence.

Some cards have appreciated greatly, especially in high grade. This is because it turns out that some cards are quite rare in high grade, and people have figured this out and are fighting over the material that is available.

Even stuff that is fairly common can command good prices, because people will trust a professional grade and are often willing to pay more for these cards.

It is now true that if someone is trying to sell a non-graded premium card, people will wonder why it isn't professionally graded. There is the perception that if it's not in a slab, something must be wrong with it. I share this perception, although it is not always true.

There are a lot of people who are trying to buy up high-grade vintage from collectors, have it professionally graded, and realize all of the premium themselves. There has to have been a huge amount of money made, from cards that were bought at prices based upon the Beckett price guide, professionally graded, and then turned around and sold for many times that. Many times that. Like fifty. If you have high-grade vintage cards to sell, consider that carefully.

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