BGS 10 Joe Montana Rookie hits $33,100!

[BU54CB]

How is it greed? The seller is protecting his investment with a reserve. Looking at his other auctions, knowing he sells cards that are graded, it appears he knows exactly what he is doing.
I have put a reserve on a $500 card (reserve of $550). Listed it at .99 and let it run for 10 days. This brings exposure to a high end card, people add it to the watch list and wait to see what happens. I did not sell the card in the first 10 days. I then re-listed it immediately without a reserve at .99, the card sold for almost $900 for a few reasons.
#1. Exposure
#2. over 50 different bidders
#3. right place at the right time

His card is like the Wagner of football. $100K is not out of the question on this item.

Protecting his investment, do you actually think this guy paid $40k for this card? I'd also disagree with your statement that this Joe Montana 9.5 is like the Wagner of football.

[Daytona1]

Does anyone think that the top 2 corners look weird? Or is it just me..but they look like they slope somewhat

[BU54CB]

I do know this, the more cards you submit, the better deal you get, which doesn't bother me. What bothers me is that relationships develop, there are dealers that have too cozy a relationship with grading companies. There are several dealers I know that regularly go to dinner with grading employees, I've seen them out at restaurants during the Sun Times shows in Chicago. Another dealer I know regularly submits thousands of cards to PSA and gets better grades than cards deserve because he knows people. IMO, grading is a bit shady in some respects, a lot of it is who you know if you want to make the big money in cards.

[aharner55]

he put it is too goo to be true. Too goo what is that?

So, I made one little error. I don't think that made the post a terrible blog.

[wsuhoops999]

wow,i would bet anything the reserve is 50,000

[mikesilvia]

Five hours left and at $47,685.00.

[Birdmandig]

This the card may break 60K, Man I wish I had some "friends" at Beckett.

[envoy98]

The "Wagner of football cards?"

hardly

The Wagner of football cards is the 1935 National Chicle Bronko Nagurski, which in an 8, fetches nearly $60k.

And yes, relationships do develop and very cozy relationships do develop. If anyone thinks there is a true separation of client and company with any of these grading you are truly fooling yourself.

Do I think they make a point to purposely make egregious errors on grading in order to help out a dealer, absolutely not, their integrity and shareholders would not hold up for very long under the scrutiny that would assuredly follow. However, do I believe "tweeners" get the benefit of the doubt. 110%

[BU54CB]

The "Wagner of football cards?"

hardly

The Wagner of football cards is the 1935 National Chicle Bronko Nagurski, which in an 8, fetches nearly $60k.

And yes, relationships do develop and very cozy relationships do develop. If anyone thinks there is a true separation of client and company with any of these grading you are truly fooling yourself.

Do I think they make a point to purposely make egregious errors on grading in order to help out a dealer, absolutely not, their integrity and shareholders would not hold up for very long under the scrutiny that would assuredly follow. However, do I believe "tweeners" get the benefit of the doubt. 110%

Well said, but I would say some grades tweeners get are mighty generous.

[Jetsrock3195]

I saw this within a minute of being listed, I double taked. It doesnt look like pristine to me.