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#206030 - 09/02/03 01:55 PM Price Of Recently Ended PSA versus SGC auction
njdolphins
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Dear All

I know we all tend to dwell on the negative and that there are examples where SGC cards outsell their PSA rivals but in a 2 recent auctions for a 1963 Fleer Lou Clinton card, the PSA 8 version outsold the SGC88 version by more than a factor of 3.

1963 Fleer PSA 8 Lou Clinton

1963 Fleer Lou Clinton SGC 88

Thoughts? Comments? Is it merely the fact that my auctions aren't "high tech" like those oy my competitor?

Regards

Ron
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#206031 - 09/02/03 02:16 PM Re: Price Of Recently Ended PSA versus SGC auction [Re: njdolphins]
srs1a
Old, dense-headed hammers are cool. Best nail pounders.


Registered: 08/15/02
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Ron, I looked at both auctions and I thought your presentation was superior to the other guys -- you had a high quality scan which showed the card well and no other "stuff" to distract the eye. I don't know what to say. Scott
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#206032 - 09/02/03 02:29 PM Re: Price Of Recently Ended PSA versus SGC auction *DELETED* [Re: njdolphins]
MW1
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#206033 - 09/02/03 02:39 PM Re: Price Of Recently Ended PSA versus SGC auction [Re: MW1]
njdolphins
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MW

Thanks for your input. I figured part of the price was attributed to what I refered to as his "high tech" presentation. I tried to take a cue from his auction refering to scarcity of issue by mentioning that there is only one 63 Fleer Clinton grader higher in an SGC holder and I am the proud owner of it

On the plus side, I did realize $100 for another of my 63 Fleer commons (Don Lee).

I guess too many people are still into "buying the holder" and we can only hope that perception will continue to change.

BTW, did you ever announce the answer to the August trivia contest?

Regards

Ron
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#206034 - 09/02/03 10:07 PM Re: Price Of Recently Ended PSA versus SGC auction [Re: njdolphins]
gemint
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Registered: 03/11/03
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It could come down to simple timing as well. Sometimes it's just a matter of catching the eye of two serious bidders at the same time. Even though I don't collect SGC cards, I would certainly pick up a tough card in an SGC or GAI holder if it looked solid in the scan and cross it over. I'm sure SGC collectors would do the same in reverse. It makes good sense to hunt for bargains wherever they may lie. If I was building a '63 Fleer set and needed that card, I certainly would have paid more than 1/3 the PSA price for your card. I think other set builders would do the same. That's why I think it was bad timing.

I hope you still made out on the sale and good luck in your future auctions.

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#206035 - 09/03/03 11:55 AM Re: Price Of Recently Ended PSA versus SGC auction [Re: gemint]
aro13
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Although the points made as to why this card sold for more in the PSA holder are probably valid - in this case the second highest bidder (coneyislandsportscards) was the same for both cards. He was willing to pay over $170 for the PSA card and only $50 for the SGC card. My guess is that he is strictly a PSA registry guy and was not willing to take the risk that the card would cross over.

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#206036 - 09/03/03 12:33 PM Re: Price Of Recently Ended PSA versus SGC auction [Re: aro13]
srs1a
Old, dense-headed hammers are cool. Best nail pounders.


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Hi aro13 and welcome. I'm sure you are right about the 2nd bidder being a PSA collector. I would expect that these large descrepencies will collapse as more SGC-to-PSA crossover information becomes public knowledge. Personally, I don't think there would be a large risk and I think the winner of the SGC card got a bargain (and poor Ron got the short end of the stick ).
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#206037 - 09/03/03 01:32 PM Re: Price Of Recently Ended PSA versus SGC auction [Re: srs1a]
njdolphins
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All

I can tell you the Coney Island is not a PSA registry guy that fears SGC cards won't cross. He has been a good source for me to purchase 1953 Bowman B/W cards from (already SGC holdered) and has bought over 30 graded SGC cards from me. I believe that he bids a bit more aggressively on PSA slabbed cards but have never found him to be averse to the SGC holder.

Ron
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#206038 - 09/03/03 03:00 PM Analysis: Price Of Recently Ended PSA versus SGC auctions *DELETED* [Re: njdolphins]
MW1
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#206039 - 09/03/03 07:11 PM Re: Analysis: Price Of Recently Ended PSA versus SGC auctions [Re: MW1]
njdolphins
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MW

Bravo to your analysis but you are only looking at the Clinton that I sold and not the other 22 SGC graded 63 Fleers I was selling at the same time.

SGC 80 Adcock sold for $51 ----> 56.6% of SMR
SGC 80 Clemente sold for $81 ------> 73.6% of SMR
SGC 84 Wills RC sold for $ 51 ------> 48.5% of SMR
SGC 80 Mazeroski sold for $10.50 ---> 42% of SMR
SGC 80 Boyer sold for $11 ----------> 78% of SMR
SGC 80 Cepeda sold for $ 17.50 ----> 70% of SMR
SGC 86 Burgess, Mahaffey, Dalrymple and Law sold for
22.50, 17.50, 16.50, 15.50 --> 75%, 58%, 55%, 52% of SMR
SGC 80 Craig sold for $8.50 ---------> 71% of SMR
SGC 80 Monboquette sold for $6.99 ---------> 58% of SMR
SGC 86 Purkey and Donovan sold for $16.50 & 14.99 ---> 55% & 50% of SMR
SGC 92 Don Lee sold for $100 -------> 121% of SMR
SGC 84 Piersall & Terry sold for $11.55 each -------> 58% of SMR
SGC 86 Drysdale went unsold with opening bid of $59.99 ---> 48% of SMR
SGC 86 Siebern went unsold with opening bid of $14.99 -----> 50% of SMR

So, I didn't particularly enjoy recounting my auction results but I thought that the whole story should be represented from that auction. Please don't compare what one of my 2 cards which cracked SMR did versus his entire lot. Instead please observe that on the whole, I did MUCH worse than he.

All this having been said, I really love SGC for my collectibles for reasons I have stated countless times and will continue to EXCLUSIVELY utilize their services. I can only hope that they day will come where I don't get taken to the woodshed relative to PSA card sales when it's so damned obvious that at worst these are homogenous products.

Regards

Ron
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