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Old 06-01-2022, 05:41 AM   #1
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Default Why do people buy altered cards???

Here is the latest craze:

https://goldin.co/item/2003-04-upper...h-78-lebrcki7j

With buyer's premium it's already above 200K For an altered card

Why do people buy altered cards? To me, once someone uses a blade or a pen or what ever they use to remove patches or touch up an auto, that card is dead!

My guess is that these people are not collectors and are only interested in a quick buck. Way too many of that kind in what used to be called a hobby...
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Old 06-01-2022, 05:55 AM   #2
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As far as I'm concerned, Nat Turner set the precedent here when he paid that record sum for the altered PMG. Setting a very poor example instead of treating the card like a virus
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Old 06-01-2022, 06:11 AM   #3
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Can't fix stupid.
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Old 06-01-2022, 07:09 AM   #4
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I don't think this was done on purpose, but that bright photo does a pretty good job of masking the damage on the patch window, too.



I have no problem buying an altered card as long as it's designated as such and allows me to buy in at a considerable discount. Here's an altered card I'm happy to own.

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Old 06-01-2022, 07:12 AM   #5
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I think this case is a bit different that just any other altered card. Its a Lebron Exquisite RPA, probably the most expensive NBA RC card and one of the most desirable cards in the hobby. Only 99 exist and someone is going to get this at a fraction of the cost of an Un-altered copy. If you don't have millions that you can drop on a Lebron RPA but a couple $100ks I can understand why someone would do it.

Its really not a new idea, see Brady Contenders. Lots of altered copies slabbed but they still sell because most people don't have the money to drop on a PSA 10 so buying an altered copy gives them the opportunity to own a Brady Contenders in their price range.

Im not supporting altered cards either as I dont own any and have never thought about buying one. But if it was a Grail type card that is very rare and would other wise be out of my price range I can understand why they still sell. It would also depend on what the alteration was to a degree as well.
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Old 06-01-2022, 07:54 AM   #6
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Quote:
Originally Posted by sethc1020 View Post
I think this case is a bit different that just any other altered card. Its a Lebron Exquisite RPA, probably the most expensive NBA RC card and one of the most desirable cards in the hobby. Only 99 exist and someone is going to get this at a fraction of the cost of an Un-altered copy. If you don't have millions that you can drop on a Lebron RPA but a couple $100ks I can understand why someone would do it.

Its really not a new idea, see Brady Contenders. Lots of altered copies slabbed but they still sell because most people don't have the money to drop on a PSA 10 so buying an altered copy gives them the opportunity to own a Brady Contenders in their price range.

Im not supporting altered cards either as I dont own any and have never thought about buying one. But if it was a Grail type card that is very rare and would other wise be out of my price range I can understand why they still sell. It would also depend on what the alteration was to a degree as well.
All of this. You could argue whoever buys this could be the truest of collectors, willing to overlook the alteration(s) to jump at what might be their last chance to own a real LeBron RPA at a fraction of the going rate for an unaltered one.
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Old 06-01-2022, 08:29 AM   #7
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Originally Posted by rustywest View Post
As far as I'm concerned, Nat Turner set the precedent here when he paid that record sum for the altered PMG. Setting a very poor example instead of treating the card like a virus
I remember when he was interviewed about that card, he said he didn’t care that it was altered. Here is the link, at around 5:10:
https://www.youtube.com/watch?v=4cGk1DD4XKc
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Old 06-01-2022, 08:31 AM   #8
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I don't think this was done on purpose, but that bright photo does a pretty good job of masking the damage on the patch window, too.

Oh man that really shows it. What a shame.
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Old 06-01-2022, 08:55 AM   #9
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The key here is that the card is still authentic. Being altered and buying it for your collection is optional for any collector. They need to personally priortize what is more important to them when it comes to rare copies that never show up for sale or opportunity to purchase.

In the case of the PMG green MJ. Yes it was altered. But its important to note that it was authentic or real. The chances of ever obtaining that card maybe in the realm of almost never. When an authentic copy shows up, a real collector will take the opportunity to at the very least obtain it to fulfill their collection.

Plus they can always upgrade down the road if a better version of the card pops up. Same goes for this card. 99 copies. Astronomical prices. Need to priortize between the chance to own one altered but authentic or wait it out.
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Old 06-01-2022, 09:12 AM   #10
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If the card is altered and clearly communicated as such, there should be no issue. Some cards are monetarily unattainable, so buying an altered copy may be the only way to own one.
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Old 06-01-2022, 10:43 AM   #11
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I'd buy anything rare/authentic/altered for cheaper any day over a PSA 10 GEM MINT priced to the moon.
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Old 06-01-2022, 10:46 AM   #12
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Exactly, it's often that or nothing. Of course you want to swap it out later on if you can.

Quote:
Originally Posted by Orangejello727 View Post
The key here is that the card is still authentic. Being altered and buying it for your collection is optional for any collector. They need to personally priortize what is more important to them when it comes to rare copies that never show up for sale or opportunity to purchase.

In the case of the PMG green MJ. Yes it was altered. But its important to note that it was authentic or real. The chances of ever obtaining that card maybe in the realm of almost never. When an authentic copy shows up, a real collector will take the opportunity to at the very least obtain it to fulfill their collection.

Plus they can always upgrade down the road if a better version of the card pops up. Same goes for this card. 99 copies. Astronomical prices. Need to priortize between the chance to own one altered but authentic or wait it out.
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Old 06-01-2022, 11:15 AM   #13
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Oh man that really shows it. What a shame.
Is that the alteration?
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Old 06-01-2022, 11:46 AM   #14
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Is that the alteration?
I see the two creases by the patch window and I see the condition problem on the bottom lower left corner of the front, but I'm wondering what the actual alterations are. When this thing was sold raw in the past, these conditions were listed in the auction...so what changed?

Does any one know what ever happened to 25 and 74?

What is the consensus on 44?
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Old 06-01-2022, 11:51 AM   #15
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It’s like first dating a super model that has big juggs and then decides she is getting a breast reduction to size mosquito bite size A’s ..and then also found out she got like 5 kids by 4 guys ..
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Old 06-01-2022, 12:09 PM   #16
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It’s like first dating a super model that has big juggs and then decides she is getting a breast reduction to size mosquito bite size A’s ..and then also found out she got like 5 kids by 4 guys ..
IDK man...

Miranda Kerr is still pretty cute.
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Old 06-01-2022, 12:25 PM   #17
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IDK man...

Miranda Kerr is still pretty cute.
I’m all for augmentation but not reduction on the juggs ..deal breaker
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Old 06-01-2022, 01:32 PM   #18
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I don't think this was done on purpose, but that bright photo does a pretty good job of masking the damage on the patch window, too.



I have no problem buying an altered card as long as it's designated as such and allows me to buy in at a considerable discount. Here's an altered card I'm happy to own.


It's been a while since i've seen a Mikan card. Not that card but the bread one wasn't it the most sought after and valuable basketball card at one time, like 20 years ago? I feel like i remember reading an article about that back then.
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Old 06-01-2022, 03:01 PM   #19
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I have no idea what a Bread for Health card would sell for now. I think he has a Scott's Chips one, too. My price range is more in line with the 52 Wheaties stuff.
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Old 06-01-2022, 03:47 PM   #20
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I have no idea what a Bread for Health card would sell for now. I think he has a Scott's Chips one, too. My price range is more in line with the 52 Wheaties stuff.
Any insight on what the alteration on this card is? 42/99 ?

I can't find any evidence of alteration.
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Old 06-01-2022, 04:03 PM   #21
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Any insight on what the alteration on this card is? 42/99 ?

I can't find any evidence of alteration.
I don't unfortunately, but it looks like BGS sees something. It's had at least two different blue labels. Notice the different cert number here.



Edit: It was brought up in post #1 of THE LeBron thread

https://www.blowoutforums.com/showpo...27&postcount=1

Edit 2: This appears to be an old eBay listing for it:

http://www.hydroponicsonline.com/sto...845961409.html
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Last edited by Deadshot; 06-01-2022 at 04:07 PM.
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Old 06-01-2022, 04:42 PM   #22
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I don't unfortunately, but it looks like BGS sees something. It's had at least two different blue labels. Notice the different cert number here.



Edit: It was brought up in post #1 of THE LeBron thread

https://www.blowoutforums.com/showpo...27&postcount=1

Edit 2: This appears to be an old eBay listing for it:

http://www.hydroponicsonline.com/sto...845961409.html
hydroponicsonline lmao - what's the history of this site and why is there an eBay listing for the RPA on there?

Also, you're correct, it was cracked and reslabed with a new cert, I just don't see any evidence of alteration. I can send you the stuff I have on it as well, but in the listing copy I have, it's also mentioned clearly that the card has the two creases, described as wrinkles and also an issue with the bottom left front corner. I'm guessing BGS will not be very helpful in providing us with information on why they deemed it altered.

I just don't understand how this thing is labeled altered and until I see evidence on its alteration, I can't buy it as altered.

Meanwhile, 25 and 74 are altered, backed by evidence and BGS still graded them as unaltered and provided letters attesting to the authenticity of the grade, which is complete B.S.

At this stage I am also rethinking 44, I don't think it's altered and it seems more likely that it was replaced by Upper Deck. I recall a thread with the owner making that claim and he did post letters from...I want to say UD Chris Carlin? as well, but memory is foggy.
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Old 06-01-2022, 06:54 PM   #23
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Careful men PSA Authentic can mean Altered also. Look up PSA’s definition of an Authentic slab very cloudy by their standards Buyer Beware!
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Old 06-01-2022, 08:11 PM   #24
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Careful men PSA Authentic can mean Altered also. Look up PSA’s definition of an Authentic slab very cloudy by their standards Buyer Beware!
If you're referring to the one I posted, it says ALTERED on the slab.
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Old 06-01-2022, 08:25 PM   #25
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That bottom edge looks crooked or warped. The top edge doesnt look like that. Someone took a blade it.
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