View Poll Results: Would you pay $1 for a random chance to win a PSA graded card?

Voters
10. This poll is closed
  • Yes

    6 60.00%
  • No (Cost too high)

    0 0%
  • Possibly (Too many variables to the question.)

    4 40.00%
  • You're crazy - Other Reason

    0 0%
Page 1 of 2 12 LastLast
Results 1 to 10 of 15
  1. #1
    OPG Staff





    Join Date
    Sep 2011
    Posts
    2,198
    SCF Rewards
    16,633
    Country
    Army
    Dallas Cowboys
    See krunchtyme's Items on eBay COMC Cards For Sale

    Would you participate in a Raffle of a PSA card?

    Hey everyone here is why I have added this poll! Please get as many people as possible to answer.
    This Ad will be removed when you a member of sportscardforum.com


    OK...As we know, grading cards is expensive. SCF is looking into ways to lower the cost of grading cards to SCF members! (That is why this place is awesome.) One idea that has been floated was to Raffle off PSA graded cards. Like a box break combined with an auction.

    It would work like this:

    1. SCF moderators select the card to be raffled and the price per entry.
    2. The raffle would stay open for a select period of time.
    3. The owner of the card (or SCF) would be paid the price for the card and shipping.
    4. Any extra money beyond the price of the card goes to the SCF Grading card fund. This money will be used to either
    A. Reduce the cost of grading submissions for SCF members (using the SCF submissions)
    B. Used to grade additional cards to be raffled or used as prizes on SCF

    THIS IS NOT INTENDED TO BE AN INDIVIDUAL MONEY MAKER.

    So, some initial questions have surfaced, so let's examine these:

    1. Which SCF Moderators select the card? - We have moderators for each sport, we have graded cards in each sport. Should be a no brainer here.

    2. The owner of the card gets paid the card price and shipping? How is that not about individual money making? - Yes, the owner of the card should not lose money, but this isn't about making money for the individual, so...The SCF staff will select any card put up for raffle. Here is what I envision: In general it costs $10-$15 to grade a card and $4 (US) - $8 (Canada) to ship a card. If the card is of higher value, say a Barry Sanders Topps Traded Rookie PSA 10 that happens to be selling for $100, no one expects the seller of SCF to lose that kind of money, so a reasonable amount will be determined by SCF staff. The results of any votes on prices will be archived in SCF, but available. Here is an easy example below.

    Example. PSA 9 1993 Pinnacle Wayne Gretzky Canadian - Owner requested $10 for the cost of the card and shipping.... Since it will cost $4-$5 to ship (in the US), the grading fee is usually about $10, going eBay prices for PSA 9 Gretzky cards from 1993 average $10-$20, the owner has asked a rate lower than the possible market value. Because of the Player (HOFer) the grade (PSA 9), the cost ($10), the card should generate some positive income. Voted on and selected for Raffle. So review of market value, factor in shipping and grading and what was the owner asking. If the owner was asking $20 for this card, Maybe I would say yes, maybe no, would the owner in theory make money...possibly, but would SCF make money, very likely as only 20 people paying a $1 raffle would cover. At $10..SCF should easily be able to cover.

    OK, we got this far...

    Lucky us, the internet has Raffle software (which unfortunately isn't free) that handles entries and email notifications. In short, lets say an entry to win this card was $1.... So you pay $1 for a random chance to win a PSA 9 Gretzky. Would you do it? What about $0.50? Remember this includes shipping... A lot of people love box breaks and get nothing for higher entries than this.

    So, you enter at $1.00, as do 24 of your closest friends from SCF. Raffle ends - $10 goes to the owner of the card who is now responsible to enter it into the trade manager and ship it out. The last $15 is now with SCF.

    What does SCF do? Well, Joshmets31 has a submission going to PSA and there are 15 SCF members who participated. They each get $1 off their submission price though the SCF submission. More money made, more money off. Or SCF takes a card from a box break or donated card and submits it to PSA to be the next raffle or SCF Prize.

    Will we take SCF Reward Points for the Raffled cards?...Not at this time.

    What if the raffle doesn't make the minimum for the selected cost...These are thoughts and suggestions, not rules (yet) so, I would think paying the Owner of the card what is possible would be fair and the Owner is still responsible for shipping the card to the Raffle winner. It's like selling on eBay and not getting as much as you expect. It happens but a deal is a deal.

    To help in this issue, we need to determine what is a reasonable price of a chance? It may depend on the card? We don't know because we haven't tried it.

    Cards to be possibly raffled at this point. I have donated a PSA graded Michael Jordan to SCF. Card and grade to be determined as it has been 8 months and I do not have my cards or grades back from PSA. The Gretzky scenario is real. I have a PSA 9 Gretzky, that I am planning on using as a trial run.


    Thoughts?
    Collecting/Wants: PSA Graded Dallas Cowboys (Just cracked the 1000 card mark!)
    Also collecting Drew Brees (Any but need Rookies)
    Check out my "Pop 1" PSA Showcase - It contains only "Pop 1" PSA Graded Cowboys that are currently the highest grade of any particular card
    Hidden Content
    My Website: Hidden Content (needs to be updated)

  2. #2




    Join Date
    Feb 2018
    Posts
    763
    SCF Rewards
    12,856
    Country
    See shockwiresports's Items on eBay

    Hello @krunchtyme

    This is interesting for sure, always nice to have options for getting cards graded for the lowest price possible.

    How would this work with respect to the monthly grading submissions Josh does for SCF every month?

  3. #3
    OPG Staff





    Join Date
    Sep 2011
    Posts
    2,198
    SCF Rewards
    16,633
    Country
    Army
    Dallas Cowboys
    See krunchtyme's Items on eBay COMC Cards For Sale

    @shockwiresports

    The options under discussion are:

    1. Back to the SCF members in a reduced rate
    2. SCF submissions for more cards
    3. Give free submissions in a second raffle

    So on option 1 example: Josh is charging $14 a card for a 1972 -2017 card to be graded. We do a raffle and make $50 profit. The $50 is then returned to SCF members. Let say, 5 members sign up with Josh for 5 cards each. That is 25 cards, SCF will pay Josh $2 per card from the SCF members, so they are now only paying $12 a card instead of $14. The downside here - if the money made is not enough to offset at least $0.50 or $1 per card per member, then we would need to tweak this option.

    Example 2: More cards get graded more cards get raffled. We would take selected cards from an SCF box break, donated, etc and pay to get it graded and raffled off. Could be a card of a new rookie from a box break, a HOF player, etc.. Low cost option to add a cool card OR place the money back into option 1.

    Example 3: As we got enough money to cover submission fees, we would hold a second raffle (if necessary) for free submissions through Josh and SCF. OR entry is now for 2 raffles - a free grading submission for one card you send in (through SCF/Josh) and the card won at the raffle.

    Any other ides? This is all just theory at the moment.

    Some other things to note. SCF administrators would select the card to be raffled and if needed the price to be paid to the owner (no one should lose out in this). That information will be open to SCF members. Example. I have a PSA 9 1993 Gretzky card. I can raffle and ship that card for $10 cost to me. A look in the PSA Market report, on eBay and comc determined that the cost of the card and shipping, would be equal or less than the going rate of selling the card individually. So I would ask SCF for $10 from the raffle to cover the card and the shipping to the raffle winner. Now, I have donated a PSA Michel Jordan to SCF (to be placed in the prize vault). That card could be raffled and as a donation, I get nothing for the card. SCF owns it. Other donations, or actual SCF owned cards could/would also be raffled.

    The theory is more like a box break, but you know the prize. Multiple people take a chance on a winning graded card. Someone is going to win a PSA card for what ever the entry fee is determined to be (super cheap) either way. Would you pay $1 for a chance at a "Trade Bait" card, being a PSA 9 Gretzky? Would you pay $1 for a chance to add a PSA 9 Gretzky to your PC? The "profit" to SCF is going back to SCF members in some form or fashion. So in example 1, with the actual 1st card we are considering...If 30 SCF members buy 1 slot at $1 - $30 is made, first $10 covers the card and shipping. $20 is back to SCF members for submission to PSA. See above on how the money goes back to SCF members.

    So everyone understands the reason behind this. If SCF can generate enough submissions to PSA, PSA will allow us to qualify for their preferred pricing program. Then all of our members would be getting preferred pricing, provided the submissions keep coming to PSA through SCF. You see the big boys on-line always selling PSA graded cards and they have a billion of them. They get preferred pricing, so the fees are lower because of the volume of cards graded.

    Any other questions, thoughts, concerns, please post them here so we can all think about, discuss and in general see what we can do! This is an idea, nothing is cast in stone.

    Thanks Rich

  4. #4




    Join Date
    Feb 2018
    Posts
    763
    SCF Rewards
    12,856
    Country
    See shockwiresports's Items on eBay

    Right on, looks good

  5. #5





    Join Date
    Jul 2003
    Age
    61
    Posts
    48,306
    SCF Rewards
    67,902
    Country
    New York Yankees New York Giants New York Rangers

    @krunchtyme- Rich- How soon can we start?
    Always looking for Graded Vintage (Pre-1980)

  6. #6




    Join Date
    Feb 2017
    Posts
    348
    SCF Rewards
    2,624
    Country

    It’s a buck. Fire it up and see if it flies. I’d be in.

  7. #7
    OPG Staff





    Join Date
    Sep 2011
    Posts
    2,198
    SCF Rewards
    16,633
    Country
    Army
    Dallas Cowboys
    See krunchtyme's Items on eBay COMC Cards For Sale

    I'd like to get some more responses. Looks promising. @baystate123 - checked on your stuff. You know the deal.

    Alright, We kind of need to set up all the rules first and post them so there are no surprises. I'll post a "rules" list here soon!

    First card is going to be a PSA 9 1993 PINNACLE ALL-STARS 45 WAYNE GRETZKY CANADIAN


    Pop 2 - Pop Higher 4



    Rules to follow

  8. #8
    OPG Staff





    Join Date
    Sep 2011
    Posts
    2,198
    SCF Rewards
    16,633
    Country
    Army
    Dallas Cowboys
    See krunchtyme's Items on eBay COMC Cards For Sale

    @doniceage

    Thoughts......Want to give it a try? See above posts. We would need postings on our other social media platforms as well.

    Thanks Rich

  9. #9
    Assistant General Manager





    Join Date
    Mar 2005
    Age
    52
    Posts
    67,381
    SCF Rewards
    1,210,319
    Blog Entries
    18
    Country

    @doniceage

    Thoughts......Want to give it a try? See above posts. We would need postings on our other social media platforms as well.

    Thanks Rich

    I have no issue with this. Just like you discussed it here post it in the team forum to get some more opinions. As Baystate123 stated why not give it a try and see if it flies. Just want to have as many eyes on this and look for any possible loopholes by having the team chime in. As you know my motto I want every one to have some input about things that various moderators would like to put into place.
    @krunchtyme


    DON
    Great Prices on soft sleeves and top loaders!

    Standard Soft sleeves .75 each , Thick Soft Sleeves $1 each, Top Loaders 60 point $2.75 each, Top Loaders 100 point $4, Top Loaders 140 points $2.50 each, Top Loaders 190 point $1.75 each, Top Loaders 240 point $2 each. Prices do not include shipping!!

  10. #10





    Join Date
    Feb 2008
    Age
    68
    Posts
    10,537
    SCF Rewards
    113,501
    Transferred Feedback
    Freaks (12)
    Country
    Air Force
    Dallas Cowboys New York Yankees Boston Celtics
    See bakemeister52's Items on eBay COMC Cards For Sale My traders on Flickr

    Let's try it out, sounds good Rich and company!

    Bake
    Football: Emmitt Smith, Leighton Vander Esch, Michael Gallup, CeeDee Lamb and Pollard!
    Baseball: Aaron Judge, Gleyber Torres and Derek Jeter!
    Comics: Star Wars, Silver Silver and Thor Non-Sports: Star Wars, Silver Surfer, Thor, NCIS
    Hidden Content (Needs updating)

    Want to fill in my Emmitt Smith and Derek Jeter PCs! Let me know what you have for me!!

Page 1 of 2 12 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
SCF Sponsors


About SCF

    Sports Card Forum provides sports and non-sports card collectors a safe place to discuss, buy, sell and trade.

    SCF maintains tools that will allow collectors to manage their collections online, information about what is happening with the hobby, as well as providing robust data to send out for Autographs through the mail.

Follow SCF on