Momentum can be a funny thing. Using stock prices as an example, once that excessive demand builds in something that everyone wants to own, the underlying valuation of the item at hand tends to get thrown right out the window.Â
It’s a lot easier to put a value on a stock then it is a basketball card. With a company, you can evaluate the profits relative to the company’s value and growth prospects to determine if a company’s stock is over or undervalued.
One of the most frequent questions we get from novice collectors is in regards to the ‘Authentic’ grade from third party grading companies.
It’s confusing, since we automatically assume a card we get graded is authentic to begin with; thus why does a grading company label a card as solely ‘Authentic’ with no numerical grade (from 1 to 10)? And then ‘Authentic Altered’…what’s the difference between the two?
Simply put, an ‘Authentic’ grade means that the grading company identified something wrong with the card, usually an alteration or some other major defect, which prohibited them from assigning a numerical grade to the card. Â
In what follows, we will examine some of the nuances of ‘Authentic’ graded cards and why they are graded that way. Hopefully this will help clear up some of the confusion.
Could An Unopened Tobacco Pack Contain A T206 Card?
This Sweet Caporal pack was recently offered in a Facebook group for $1800 but I soon realized that there was zero possibility the pack could contain any T206 cards.
I recently came across a Facebook post with a seller trying to sell an unopened Sweet Caporal cigarette pack.Â
The pack looked to be in relatively nice shape and the seller was asking for $1800, which to me seemed somewhat reasonable given that a T206 card might be nestled inside.Â
I hadn’t really explored T206 unopened packs before and the listing triggered me to do some research into the topic.
Could this unopened pack hold a T206 card? Imagine if it had a Honus Wagner, or even a near mint Cobb portrait. The possibilities seemed nearly worth the risk at that point.Â
However after researching old tobacco packs and examining some of the finer details on the pack, it was quite clear that there was zero possibility this pack held any cards from the T206 set.Â
In this piece, I’m going to walk readers through the steps one needs to take in order to assess whether an old tobacco pack might contain a card or not. Â
Inherited A Baseball Card Collection? Here’s What To Do Next
One of the most intimidating situations can occur when a loved one leaves you a collection of valuable baseball cards.
For many, the cards represent a piece of their family member, and selling it can bring up a whole range of mixed emotions.
In addition to the emotions involved, if you’ve never bought a pack of baseball cards, inheriting a valuable sports card collection can certainly be an overwhelming situation.Â
This resource will walk you through the different options for evaluating the inherited collection, including how to determine values, how to sell the card collection or holding onto the cards and safely storing them. Â
But one of the bigger questions that has come up lately is this:
Do PSA Graded Cards sell for a premium over graded cards from SGC and Beckett?
I always assumed that this was true, but decided now to do a deeper dive into recent sales data to see if it was actually true.
Our findings: for older pre-war cards, PSA graded cards do carry a small premium over SGC and Beckett. For newer, modern cards, PSA pricing is more in line with the other grading companies.
First, let’s just say that the Jordan fakes are getting better. Often I find myself telling a reader that it’s not possible with me to authenticate via images and would need to examine the card in person. So, long story short, the scammers are getting better at their job.
Now, something that the scammers have been doing for a while, and not just with Jordan rookies, is busting cards from authentic flips and replacing with a fake card.
Card Grading Wait Times: Updates From PSA, SGC and Beckett
The widespread price increases throughout the hobby have led to a surge in demand for sports card grading.
This has led to significantly increased wait times across all of the third-party grading companies.Â
PSA, SGC, and Beckett just can’t keep up. With forced closures during the peak of COVID leading to a backlog, the excess demand in recent months has led to significant delays for all of the grading companies.Â
Thus, if you have a card you want to get graded, you could be waiting upwards of six months to get your card back.
Now of course there are ways to spend a bit more and get your order expedited. In this guide, we’ll examine the wait times for all of the grading companies and what it costs to get your cards graded today at each company.Â