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.
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.
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.
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.
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.
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.
While I authenticate a lot of Michael Jordan rookies, I’ve started to get a lot of requests from one set in particular- 1961 Fleer Basketball. I love this set, it features some of the most valuable basketball cards in the hobby and in my mind is one of the best designs of all basketball card sets.
However, with the popularity, comes more counterfeits and reprints, with unsuspecting collectors getting scammed out of thousands of dollars.
Thus, I want to provide a new guide for the 1961 Fleer Basketball Set. This should be everything you need to know to help identify a real card from a fake.
Thus, I really made it my mission to figure out if Star cards are either:
A) an underappreciated and undervalued long term investment
B) not worthy of the time, just too confusing, too checkered a past, and too littered with counterfeits.
So, I got a hold of the hobby’s most renowned expert on Star Basketball Cards – Steve Taft. Steve has been dealing with Star Cards since the beginning in 1983 and had once consulted with the major grading companies on how to identify counterfeits. Steve knows Star Basketball cards inside and out.
The ultimate goal of this interview is to help collectors with some of the confusion on the various issues and to help provide some more legitimacy to the cards.
My ultimate conclusion: Star basketball cards deserve more attention.