quote:

Originally posted by webjon:

I do suspect that many of the PSA graded Marvel commons cards that were selling for insane money will come back to earth as PSA works through their backlog and more of these cards come to market.

quote:

Originally posted by mykdude:

By "market" you mean pop report.....right?

There are now 6,518 graded 1990 Marvel Universe cards just for PSA. Nearly 5000 of them are 9's and 10's.

quote:

Originally posted by webjon:

quote:

Originally posted by mykdude:

By "market" you mean pop report.....right?

There are now 6,518 graded 1990 Marvel Universe cards just for PSA. Nearly 5000 of them are 9's and 10's.

Indeed.

Is 5000 a lot? I have no idea, but it seems like a lot, and I bet there are a ton more that are still waiting to be graded at PSA.

quote:

Originally posted by mykdude:

Compared to the few hundred that were graded when this mess started. Given the quality of Impel's print standards and the rise of the card protection industry at the time, I would imagine if we could grade them all that the majority
would still hit in the top 3.

Yeah I agree, the numbers are only going to go up. And this is just one pop report.

quote:

Originally posted by webjon:
People on Blowout and Facebook are starting to note that prices on individual cards have already started to slide.

Anecdotally I picked up some Ultra Spider-Man on COMC when that was selling out on ePack with the intention of flipping it when the product dried up, but the prices on virtually everything I bought have dropped. Obviously that wasn't very long ago.

quote:

Originally posted by webjon:
People on Blowout started complaining about the slide in Marvel card prices too.

I do think that rare items are not going to fall in price much, but the common stuff is falling back to earth quickly.

I've noticed some items I have been watching have been selling much more slowly and for a lower price.

Sealed wax still seems expensive.

quote:

Originally posted by Raven:
Saw this on Blowout and tried to check it out. According to the poster, graded gem mint #10s of 1990 Marvel Universe Wolverine #23 were selling for over $2,000 a few months ago. Now one just sold for $142.

So one did sell on eBay for $152 on June 12th. The other sales I saw did not go back months and were not on gem mint 10s. I didn't look long, so I can't confirm what high prices they hit. However someone is trying to sell one at $1800 with Best Offer.

Now I think $152 for a card that may have been trading for under $5 a couple of years ago and was collecting dust for 30 years is great. But God help anyone who bought that after it was graded and paid hundreds or thousands of dollars as it climbed the invisible ladder. When the population report catches up to all the other gem mint Wolverines submitted and still trying to work their way through the grading backlog, $152 will be a thing of the past too.

This is very sad for anyone who truly bought into it thinking they had an investment quality card because of the grading. All of the warnings got drowned out as "buzzkill", but in the end there will be real victims of this kind of hype, which will just move onto some other product. Meanwhile the graders have made a fortune and the pumpers have sold all their cards.

quote:

Originally posted by Raven:
Try using 1990 Marvel Universe BGS and you will see results. It's the word Beckett that doesn't work. Also if you just do 1990 Marvel Universe Graded you will get most of them.

PSA does seem to have a wide lead in popularity over BGS by the numbers, but people who get their cards graded often have specific reasons for which one they choose. Some think they can get better or more lenient/favorable grading with one or the other.

The most important thing is that you can't use some fly by night grading service that has little history and no reputation. There are a couple out there that have folded up over the years and the cards that are in their slabs might just as well be resubmitted because there is no longer any support for the grading from a deceased company. Kind of like a COA from someone you can't find.

quote:

Originally posted by mykdude:
Ok BGS search still falls in line with the Beckett Pop report.

I am fully aware of second rate grading companies but Beckett is not one of them. There is still a disparity between the two that would lead one to think Beckett is running a higher grading standard.

quote:

Originally posted by Raven:
I don't give a darn about graded cards

quote:

Originally posted by mykdude:

quote:

Originally posted by Raven:
Try using 1990 Marvel Universe BGS and you will see results. It's the word Beckett that doesn't work. Also if you just do 1990 Marvel Universe Graded you will get most of them.

PSA does seem to have a wide lead in popularity over BGS by the numbers, but people who get their cards graded often have specific reasons for which one they choose. Some think they can get better or more lenient/favorable grading with one or the other.

The most important thing is that you can't use some fly by night grading service that has little history and no reputation. There are a couple out there that have folded up over the years and the cards that are in their slabs might just as well be resubmitted because there is no longer any support for the grading from a deceased company. Kind of like a COA from someone you can't find.

Ok BGS search still falls in line with the Beckett Pop report.

I am fully aware of second rate grading companies but Beckett is not one of them. There is still a disparity between the two that would lead one to think Beckett is running a higher grading standard.

quote:

Originally posted by chesspieceface:

A Beckett 9.5 is equivalent to a PSA 10.
That Beckett has a 10 grade (known as Pristine as opposed to Gem Mint for the PSA 10) is one of the draws of BGS for collectors submitting especially nice condition cards. Beckett also gives half grades (like 8.5, 9.5, etc.), and issues subgrades for corners, edges, surface, and centering, neither of which PSA does. BGS cases are also thicker and heavier.

quote:

Originally posted by mykdude:

quote:

Originally posted by Raven:
I don't give a darn about graded cards

I am pretty much the same way. The graded cards I do have are all incidental. I have never submitted for one.

Still I do keep my eyes open for where the next big investigation will hammer the greed mongers in the hobby. Grading and Authentication is making way too much money not to have suspicion.