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#69879 - 03/03/03 03:57 AM SGC 98 Gem Mint grade - is it needed?
stanthemanfan
If I just sell the car, I can up my bid...


Registered: 10/28/02
Posts: 366

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What is everyone's opinion on the 98 grade for vintage cards. In the past, I've proposed from 1969 and older, but I'd like to hear from the 1977 collectors.

My opinion is that this grade does not seem to have much definition to it - and what I mean is in a measurable way. Most people can identify and agree with the differences between an 88, 92 and 96 graded card. But what lifts a 96 to a 98 grade seems very difficult to believe and understand.

For collectors who purchase and hold - a 98 is a great thing. For a dealer looking to sell - it seems like it maybe a curse. The premium associated with a 98 over a 96 is significant.

A couple of examples:

There is a '68 Drysdale SGC 98 for $500 - on a good Ebay day, a 96 goes for about $100 - $120. A 4-5x multiple. But I bet the 96 sells everytime.

There has been a 68 Aparicio on Ebay for the last year or so in a 98 holder with an asking price of $325 - 350. I'm guessing a 96 would go for around $80 - 100.

I think a specific grade that provides a quality/price differentiation is good and needed, but the 98 grade seems to be somewhat elusive in its meaning.

I wonder if dealers jump for joy or moan when a 98 comes back as part of their submission. Does the subjective rarity of the card make it difficult to sell at the expected premium.

Is there need for a half graded between Mint and Pristine for vintage?

STMF

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#69880 - 03/03/03 06:20 AM Re: SGC 98 Gem Mint grade - is it needed? [Re: stanthemanfan]
vintagecollector
Learning the Ropes


Registered: 02/26/03
Posts: 24

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Put them in another holder with a 10 and see how fast they sell.
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#69881 - 03/03/03 06:51 AM Re: SGC 98 Gem Mint grade - is it needed? [Re: stanthemanfan]
MW1
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Registered: 07/30/02
Posts: 1358

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vintagecollector,

Before you sell that "10" you had better check the seal on the holder.


STMF,

I think that for vintage cards, the grade of "98" indicates real scarcity. Just off the top of my head, I know there are not more than a dozen or two Topps cards from the 1950s and early 1960s that have been given this grade by SGC. To that extent, you may be correct -- there is not a clear "market value" for such items. What I can tell you, however, is that we have received bids on a few SGC 98s that have been above the levels of other company's Gem Mint 10s. In particular, we had a 1961 Topps Brooks Robinson reach a level just over $3,100 in an SGC 98.

I guess the impression collectors have is that stars and Hall of Famers in SGC 98s are much tougher than Gem Mint 10s from other grading companies (by a large margin) and therefore, they are willing to pay a larger percentage.

I have not thoroughly investigated the commons market from the late 1960s and 1970s, but I know that SGC 98s continue to increase in price on eBay.

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#69882 - 03/03/03 08:25 AM Re: SGC 98 Gem Mint grade - is it needed? [Re: MW1]
vintagecollector
Learning the Ropes


Registered: 02/26/03
Posts: 24

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MW

You better check the centering on those 98's

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#69883 - 03/03/03 08:52 AM Re: SGC 98 Gem Mint grade - is it needed? [Re: vintagecollector]
srs1a
Old, dense-headed hammers are cool. Best nail pounders.


Registered: 08/15/02
Posts: 987
Loc: NY

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VC,

Yes, more than a few people are buying PSA-10 commons at a frantic rate. I have never seen a more blatant example of buying the holder not the card (only my opinion). It's all about improving their set GPA's IMHO, not getting a nicer card.

I believe that STMF is trying tp probe this issue -- does anyone think a 98 (or PSA-10) is actually a better card than a 96 (or PSA-9). I know that I do not...a MINT card is good enough for me.

I can (sort of) understand the allure of GEM MINT HOFers...but commons?

Why not contribute to the discussion instead of making small remarks? I'll put my SGC96's against anyone's MINT cards and am 100% sure that there will not be a systematic centering issue.

Scott


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#69884 - 03/03/03 09:27 AM Re: SGC 98 Gem Mint grade - is it needed? [Re: srs1a]
vintagecollector
Learning the Ropes


Registered: 02/26/03
Posts: 24

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Scott,

I agree fully, I won't spend the extra $$$$$$, I am just as happy with a 96 or 9 which ever you prefer.

As for the comments they are directed at one person, I am just tired or reading all the posts bashing a certain company, when it is strictly personal with him and that company. Kinda funny that a few years ago the same loser was singing their praises, isn't it. Wonder how long till he po's the folks at SGC?

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