Record Breaking Grading! Was the "Junk Slab Era" a LIE?
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- čas přidán 7. 02. 2024
- Today we talk about:
Junk Slabs?
Diversifying Your Collection
Topps + UFC
Redemptions
and MORE on this week's Cards on the Table.
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Grading today is all about making a profit. Back in the 90s it was about authenticating the cards and deciphering their condition. As long as greed continues to capitalize the reason to grade or not we will never slow down submitting cards. The hobby is all about flipping and less about collecting these days.
That isn't true at all. There were still a ton of dealers. In fact, you could argue that there were even more. Hence why there were so many cards made. Grading wasn't really a thing, but card shops were everywhere. Why not try to make money on cards? I'd much rather do that then work in a factory.
Come back in 10 years, let's see where we're at. My bet is we're laughing at the junk parallels and the over-grading of everything from the early 2020s.
Definitely too many
It’s already a huge problem at most large shows. I have seen 100’s of the same Luis Robert Bowman Chrome 1st in PSA 10 at the same dealer and the guy wouldn’t go below $50 each because he has way too much invested in the grading and was hoping buyers were stuck in 2020. He had tons of other of the same cards of Trae, Acuna, Soto and so many others that used to be worth a lot more.
In 5 years cards will be forgotten again. Covid revitalized them and anyone with sense can see the market is slowing again. Endless autos and inserts and special editions, we already did all this before, glad i skipped it this time.
The data you provided just reinforces the junk slab era!
Yep, exactly my thoughts as well. Ultra modern collectors are morons, its amazing how long it is taking for so many of them to understand they are just throwing away their money with how much garbage gets graded.
Exactly. The fact they have to lower prices to maintain grading levels says it is in decline.
I love the new setup well done !!!
I kinda like the old set better. 😅
If its not a PSA 10 you arnt making your money back on a card. A PSA 9 is a tad more if not the same raw now days.
All three of you were spot on about the different approaches to collecting, everyone's situation is different, many variables. That's why you should collect what you love. If you go the investment route, do your research and go with the staple parallels and goats.
You guys missed CJ Stroud when you were talking about Quarterbacks that were up at the end of the year.
Never group submit! They take the best card in replacement of yours unless it’s numbered.
That isn’t remotely true. I’ve been using a group submitter for over 3 years and never once had an issue. It cost me less money to grade the cards going through a group submitter and shipping is cheaper
Bro I was thinking about that I submit my cards with my local card shop and I always seem to get back like 9.5 or nines I never get tens maybe once or twice on a lower end card I will get the tens but higher cards that I submit always 9.5 or less so I always thought with my card shop really swap out my tins for their lower graded cards
@@raymondheflin-jr1ls I have submitted HUNDREDS of cards with a group submitter. Never once have they swapped Someone’s cards. They put duplicates on different invoices and do reveals and previews so everyone can verify their cards are their cards. Find a better group submitter. They exist
Folks.....when anyone can buy/win an auction of your favorite players in a slab for less than $10-15 graded Gem Mint 10 on What Not, the JUNK WAX SLAB ERA is STRONG AND HEALTHY!
All this for Less that the price of grading.
All your argument against the Junk Wax Era Slab is the perfect argument that the Junk Wax Slab Era is alive and well. 🎉🎉🎉
"You got to diversify your bonds........"-Wu-Tang Financial
You really misunderstood it. Because so many cards are graded is why we think it will be junk slab era. So your premise is on its head.
Store looking empty...... :(
I dont think it will matter to much he has so many outlets making money
I have a feeling they were closed when filming this
@@legendzslayz6132 They're not all making money anymore. A lot of big buys slipping in price.
How is it not junk slab ? When the card inside graded anything less than a 10 and sometimes even that, doesn't cover the cost to grade. Anytime the card graded cost less than the price to grade its a junk slab. I know you got a ton if them but still
The only thing Fanatics will give away will be 500 Deshaun Watson Texans jerseys they had laying around the warehouse and will still charge money for so they can make $30 on a jersey that cost 12 cents to make.
Yet again. Sucking off Panini and bashing Fanatics
I submitted an order to PSA at the Toronto Expo in November and the cards JUST got graded like a week ago. I'll be lucky to get them back by the next Toronto Expo in April. I wouldn't use them ever again.
Where are the customers?
They don’t exist.
They are the imaginary people that wanted to buy Geoff’s NFTs.
People need to start going away from PSA. Grading will never be worth it until its done by computer. Way too subjective when soemone just looks at the card and gives a grade.
I sub myself! Trust no one....
Who would you recommend to send in thick cards to? Like Topps Inception
ISO should be a lower depth of field to blowout background (bokeh) so focus can be on the panel.
What are your thoughts on new grading companies like TAG? The report you get back with that is just amazing and such a huge difference between them and companies like PSA where people question how legit the grade is. Do you see companies like TAG growing and possibly overtaking the big guys?
I enjoyed this weeks cards on the table.
A factor that should be considered: Quality. You know the saying, "Good, fast, cheap. Pick two." I wonder if PSA grading 1.2 million cards in a month while speeding up turnaround might result in hurried evaluations. Undeserved 10's for some brand new cards? Not enough scrutiny of vintage cards? I don't claim these things, it's just a question. A million-plus cards in a month is nuts.
I buy BGS slabs all the time…… and crack the cards out and send them to SGC or PSA
Did anyone else see any customers during the show ? Geoff said they are making all this money but there is no one there 🤔
How do we know they recorded the video during hours of business?
It will be a Halloween Express in two years.
I’ve sent 330 off to be graded since January 1, and I’ve just set aside another 200+ to go as well. I am not going to be stopping soon - while the haters in the comments will talk about profit, flipping, and all of the horrible people grading cards, I am a collector first and have graded over 200 Bo Jacksons for my PC. But yes, the other hundred that I have graded I have done mostly to sell, in order to fund by continual collecting of my PC. So I guess I am part holy and part evil according to many but I’m having a blast! 💁🏼♂️
Grade what has value to you. Don’t care what anyone else thinks. I grade for the future. My cards will be given to my children so I grade them so they don’t have to and they will get the highest value if or when they determine the future of the card.
I like sgc so I use them. End of story.
Believe itll be a mix. Base, post-2020 parallels, and prospecting gone wrong will be considered junk slab era. 90s-early 2000s refractors, low numbered, and GOATs will be the play in long run!
Psa is getting faster but the quality check is not as good as it should be
I've been dealing with KSA Canada for some time with no problems. The main reason was apart from being Canadian it was cheaper and hassle-free.
Wish BGS didn’t fall behind.. they were my favorite at one point.
Hey Geoff have to work on sound quality in that room. Just a suggestion. Great video!
Excited for Topps UFC. Panini was good at the beginning of 2023, but towards the end it was a disaster. The new cards look great and buying boxes from Topps was easier than Panini Direct. Also a slightly more affordable box than Prizm nothing too major. An entire year of collecting every Panini set and I’m waiting on 4 auto redemptions and didn’t get a single on card auto it was all stickers. Hopefully Topps does a better job so I’m excited overall.
From 2020 and up!!! The junk slab era with people grading base cards that are overproduced.
lol 1 customer walking around in background
I just sent off 100 cards to PSA recently - they were received by PSA on January 30. I got my cards on February 16. Guys, this was a value bulk submission. If they can keep that up, they are going to continue setting new records. And I will personally help make that happen!!
When is cards hq gonna start selling online
I need to learn how to deal with my cards. Lots of “junk wax” 1975-2001 and I collected a lot of help a brother out
for the 70s and early 80s, check for key rookies, then skip late 80s early 90s, and check mid to late 90s for inserts. Hope this helps!
A lot of the PSA demand is from the TCG market right now. There seems to be enough raw product plus enough demand to get those TCG cards into PSA slabs.
Meanwhile, over on the sports card side, a lot of years / sets / players have maybe hit their temporary ceiling and the yearning to grade those cards is drying up. Specific (Year + Set + Player) situations where there are over 10,000 slabs graded total….. might not see another 500… 200… even 100 new slabs over the next year. A lot of high-volume graded cards are coming off their peak waves and not a lot of years / sets / players are jumping in to take their place.
Basically the tsunami surge is trying to be filled by a lot of little waves that don’t pack the same sustained energy. And when there’s gaps for PSA to fill/grade, TCGs are only too happy to take sports cards’ places.
PSA is also taking the profit that comes with 1M slabs a month for the last year or two and throwing that back into efficiency steps here & there and we’re seeing the benefits of that.
The old, rare feeling of ‘this problem could be fixed IF a company threw money at fixing it’, but manifested for real !
I like the idea of mem redemption is cool for retail
Stoked for anything with autos and stuff not stoked for fanatics to run something I have had too many bad experiences with them shipping stuff
PSA is so inconsistent, still waiting for submissions from May 2023 but getting back subs sent in December 2023.
Also reminder after that charizard Era you gotta grade the rookie futures like Wembanyama NBA Brock Purdy Puka Nacua NFL Cj stroud before they really go off or else you grade once the reaching 10k for RPA 10s PSA will grade it harddddddd!!!! Liek Lukas now I got 3 different tens sent my others kn now with buddy we got 1 outta 5 soo dumb I got so many two years all 10s
Online Services is making it pick up too! No more paper forms
PSA will become the junk grading company.
That’s cool and all, but when a raw card sells for just as much as a 9, things aren’t a looking good!
Kabooms and downtowns that are licensed are top tier. No one comes close with Topps photography. Especially stadium club.
Topps being affordable and for the people is much better than Panini having top tier hits but only coming out of hobby and raising hobby prices is diabolical.
Ah yes, people who make lively hoods on trying to overinflate the collectible card markets, trying to convince us their cards they paid 100 dollars for are actually worth 1,000. This is like the idiots trying to tell us the mass produced Disney VHS that sell for 16 dollars on amazon are actually worth thousands. Obvious conflict of interest here.
If SGC would get rid of those huge slabs, they can still have the tuxedo look just trim down the border for a slab the size of PSA and they would eventually be over PSA. Thats my opinion amyways
I like to grade cards that pull and hold on too.
Looking for advice from fellow sports card investors!
I PC burrow and I have a Joe burrow Downtown 2021 PSA 10. I don’t have any Patrick mahomes rookie cards. Would it be fair to try and use my Burrow for Trade value towards a Patrick mahomes PSA 10?
I’m in it for the long term when it comes to burrow or mahomes!
Mahomes not even a 2nd thought. He already cemented in H.O.F. 2 mvp 2 rings passing records fans liquidity what more can you ask for
Every time I hear words such as "right, like, lets Go, fire, GOAT" I take a shot. I got about 4 to 5 shots out of the kid in the middle with "right" in about 10 seconds. Kid in the middle, thank you. Also, HELLLLLOOOOO @sportscardradio I know your here.
They're wrong, because of CZcams and social media, every idiot in the world thinks they should grade a .25 cent card, geez people are stupid.
Um, if every piece of cr2p is getting slabbed then, by definition, we're in a Junk Slab Era.
Perfect
I wouldnt be surprised if TCG junk mystery packs partly caused the high PSA numbers..
These videos are getting better and better. Great topics. Keep up the rise!
Enjoy
What is the first thing that comes to mind when people thing about grading cards-? Money! That’s all it’s about
I think the kids would love getting the mem redemptions therefore I am a fan.
Who is they?
Its not a lie, im already seeing alot of cards going for under grading cost.
Geoff, I'm so happy for you on your new shop! You keep pushing for the hobby and back it up by opening your beautiful store. I would love to visit one day and maybe even have a little pack battle. Much love to you and the crew ✌️
Nfts (digital collectibles) are great because there's no damage, no counterfeits, no supply shocks, and everything is easy track and trace and collect online 24/7/365
Topps 1st ventured into nfts in 2021 series 1 cards on the WAX blockchain. Only 2657 of each base common, 880 of each uncommon gold border, 402 of each rare rainbow refractor and each card is numbered by mint. Lowest mints being mint #1. Also autos, legendary, cubes, 1/1's and you can see who owns what, how much each card was bought and sold for... 1000 x better. Get in before it's too late 😂
I can’t believe I’m saying this but i missed Doug 😅
Panini is only left with Soccer!! WTF
Why do you use Doug? He doesn’t like anything Topps , no baseball and acts like getting a redemption card of a signed jersey is bad but loves panini with there redemptions and points.
Agree
I One Touch all of the cards I keep for PC, grading cards has always been a scam unless you have a great condition vintage , that’s it, that’s all you need to go by. 👍 New cards are all a 9 or higher and there are millions of them. STOP GRADING CARDS YOU GET OUT OF A PACK (MODERN), you are wasting your money.
Most cards are not even worth 20 bucks that are being graded.
It’s either that or get lost in time what would you rather have ??
Do you have data for this or just guessing?
Grade cards while their cheap
Of course it was not a lie…slabs sell for less than $10 all the time on all platforms. PWCC, Ebay, Whatnot, at shows in bulk. Junk slab era is definitely a real thing and anyone that says different has a self-serving agenda.
Or someone that recently opened a shop in Atlanta and looking to dump off for a profit to dumb people who get enamored.
Psa!!!!
The old set looked more inviting and cool, this set looks boring and cold
How do not mention Allen. Just led the league in tds and yards and broke records
How is Arena Club for grading
Network effects says PSA is the only grading company worth buying or selling
anyone have the 10% off BWC code?
Yeah it’s code SCI
The CGC scandal is just the tip of this iceberg. I’ve lost all confidence in grading anything.
What happe:
@@angelou1 peopled figured out how to open up the slabs and switch them out.
So basically, CGC lost ALL accountability. They have no idea how many or how long it's been going on.
Hurts got hurt!
PSA doesn't make the hobby better. the fact they have little transparency and ugly ass slabs. They need to come back to earth in the after market.
Got my cards back today from PSA, I’m not a noob, grading was horrible and one card scratched. Had 4 cards in the past two months scratched by PSA. No I don’t care they have a long process to file for compensation! It shouldn’t happen! And why are the grades so inconsistent over the past 3 - 6 months especially? Well numbers don’t lie.
Cost money byt for beginners all should get one done such a cool fun experience on top unless you got someone on fire or a crazy numbered or 1/1 raw cards won't fetch nearrrrrrrr anything you wanna flip hold or have trouble value pray spread smoke cross ya fingers whatever you beelive get that gm mt 10 and BALLLLING!
Someone just needs to hurry up and make AI app. You could grade without slabs and inaccurate pop counts.
KEEP YOUR CARDS RAW ... I HATE SLABS.. waste of money and makes card look so ugly!
BGS Slabs have always bothered me from a Size Perspective.
Geoff, we the Hobby love having you as an ambassador! You are a fantastic representative and inspiration for our little world. Keep up the awesome content!!
GMA will over take Beckett soon.
This is the only industry where you have to take at least 10% less than what your card is worth - what a shitty hobby.
You do realize it’s an agenda right? He’s pushing graded cards because that's what’s on the shelves in his store. I think graded is overrated and the only use to me is whether an auto is authentic. Only reason is to make cards more out of reach for the ordinary consumer.
Not to mention he probably has a deal and is in bed with grading companies
How can they grade 1.2M cards in a month . Don’t make sense to me 🤯
How were they pushing graded cards? They reported on how many cards were graded last month and talked about the reasons some folks choose to grade. As to the value of grading, it is a lot easier to buy graded over the internet than raw and know what you are getting, especially with vintage. You can decide for yourself what that piece of mind is worth and how much value the grading companies are adding.
Geoff is always pitching an agenda. All these sheep just think what he says is gold because he has all the followers and a big empty cars store. Geoffs time will come and we will get the hobby back
This guy was the first guy to start bringing up the pop count hysteria. You can’t accuse him of what you are saying. I was at this guys throat for two years for talking shit about newer cards.
Here is the truth. I’ve done years of research on this. There are more Lebron James serial numbered rookies than ja morant serial. Numbered rookies.
The difference between 2014 serial numbered rookies to 2019 serial numbered rookies is less than 40%, IN A TIME THE HOBBY INCREASED BY LIKE 10x.
The pop count hysteria is bullshit! There are more base than ever, but base is basically for kids and set collectors.
The pop counts to 2019 are actually dramatically less than the increase of the hobby.
Grading base cards and retail stuff is silly , real collectors don’t buy that stuff
People say junk slab era are just people who like complaining and not enjoying the hobby
@brendenconner9686 wargreymon x7 moonlight 0:04
what percentage of collectors have say 200-300+ slabs?
yea I’m not enjoying the hobby it’s not about the Junk slabs it’s overpriced wax in general then U throw in people’s greed for single prices it’s crazy!!!!!
@@fliplife67Upper Deck hockey went from $120 per box to $300 per box because Connor Bedard's Young Guns is in Series 2. It's a slap in the face to collectors.
@@gmen3066 That’s crazy!!!! and that Connor Bedard YG base is probably going to start it least 1000 plus.
Just an overhyped junk plastic industry..what started as something serious for true collectors/traders to worship and preservate their precious memorabilia / value, turned into some junk contest of a money seeking horde..oh we gotta grade 100000000000 pokemon / yugioh cards? lol
stuff gets rushed through some "grading" system, sometimes you get an 8, sometimes for the same item a 9 or 10..grading is like taking a self-covid test..you need 2-3 attempts to get the right result..
:)
L
PSA is so much worse than SGC but people are followers and it
No respect for Dak when he mentioned rising QB cards.
YES, I'M THE 309TH.
Keep shilling for those grading companies Geoff… How much more money does this guy need to lose to gtfo of the hobby?
This channel pushing PSA is getting to ridiculous levels...If he believes it, great, if he's getting something on the back end for it then that's pretty gross. I don't know the answer but out in the real world PSA is copping a belting. And half of those PSA submissions from January are probably sitting at Cards HQ 🤣
I'm a 58 yr old that collected as a kid. I buy cards when I see them at garage sales. Well, recently, I bought about 1.5 million cards from a former dealer. They are mostly junk wax. When I stopped collecting, there was no such thing as grading. I'm learning about the hobby all over. I guess I'm going to become a card dealer on the side. Lol.
The only cards that should be slabbed in my opinion are # cards or auto cards that’s it everything else raw dogged
I’ll never understand why Doug is such a Panini fanboy? Panini runs everything into the ground and doesn’t care about customers. Panini points are the biggest rip off in the hobby
You do know Fanatics own Topps right? Fanatics runs everything into the ground and has killed the affordable apparel market by having a monopoly on licensed apparel. $50 T shirts, $100 sweatshirts $200 replica jerseys. Once Fanatics gets all of the licenses for all of the major sports they will Jack up the price as collectors will not have any other options. At least with jerseys they have knock off China jerseys.
@@carolinatarheels7903 of course I know that Jack wagon. Have you seen the price of Panini hobby boxes versus Fanatics hobby boxes? How about retail for Panini where you can’t even pull most of the hits. Sit down before you embarrass yourself
@@carolinatarheels7903 don’t even get me started on Panini points instead of actual hits or their BS Redemptions that literally take years upon years
@@ryanra44 obviously you didn't read and comprehend. Once Fanatics takes over everything licensed (like they do for apparel) they will have a monopoly over the card market as collectors will have nowhere else to get their fix. Once Panini is out of the picture Fanatics will raise prices on everything. Panini's prices are so high now because people are still living on 2020 prices. No one cares about baseball, it's all about football cards and with Panini having the exclusive collectors are forced to buy it at whatever cost to get their fix.
@@carolinatarheels7903 your logic makes ZERO sense. Fanatics could easily match Panini’s outrageous pricing right now, yet they don’t. Explain that?