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#126 |
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People greatly overestimate the degree to which gradable low end stuff from the 90s has been graded. Have 9.5/10s fetched a premium that would justify grading for a long time? Yes.... but catching a 9 or heaven forbid an 8 usually meant you lost money. It wasn't until very recently that it made sense to take on that risk for a whole lot of cards.
Not everyone in this hobby fancies themselves an eagle eye or is spending hours going through 5000 ct boxes of low end base with a loupe and microfiber and subbing every possible 10. A lot of people still don't grade period. Condition sensitive, higher end stuff is a different story. But a card that until fairly recently was considered 5-10 dollar box fodder? I'll take the bet that there are still plenty of raw gems. Let me caveat that it wouldn't surprise me if PSA pop controls this going forward. |
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#127 | |
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The same Kobe PSA 9 that didn’t break $10 consistently until 15 years after release? You think THAT’S the reason people weren’t grading these in bulk???? Big if true! |
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#128 |
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Join Date: Feb 2019
Posts: 1,095
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Love this. I don't like how people assume any raw cards on eBay must be flawed in some way.....yes, most likely the seller is leaving money on the table in many cases by not grading, but some of us just don't want to bother with the process.
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#129 |
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Join Date: May 2009
Posts: 1,568
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Well it'll be very interesting to revisit this thread a year from now. I'm sort of in the middle on this one. I definitely don't think current prices for this card can hold, which is why I'm eagerly waiting to get my 3 copies back that I sent to psa hoping I can still get close to current prices for it within the next 2 months, but regardless its a win for me as I got 2 of my copies as throw ins from Kobe lots I bought, and the 3rd copy was sitting in my closet the past 20 years. On the other hand I dont believe this card will ever come close to previous bargain bin prices again unless we have an apocalyptic sports card market crash that's worse than the junk wax crash in the early 90s. I think once it drops it'll settle around the $100 range for raw and $400 to $500 for psa 9s, and $2k for psa 10s. Kobes death and how long before they can start making Kobe cards again will also play a factor
Last edited by jzx1103; 08-16-2020 at 02:27 PM. |
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#130 | |
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Join Date: Apr 2015
Posts: 7,137
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This isn't $300-400 we're talking about. This is 3-5 months worth of rent/mortgage now. |
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#131 |
Member
Join Date: Jul 2016
Location: Newburgh, IN
Posts: 1,499
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2 comments
Bought an 08 Chrome Kobe raw off ebay in June, It Gemmed! Sold PSA 9 Topps Kobe on here today for current market prices! So all the conspiracy theory here can stop. It was paid for! So yes, this, that, and all of it doesn’t make sense sometimes, but anything is possible, especially in today’s world. |
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#132 | |
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Join Date: May 2009
Posts: 1,568
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#133 |
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Join Date: Aug 2019
Posts: 1,521
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Nothing in the hobby makes sense right now
Got my brother a 96 Kobe PSA 10 for $200 last November for his birthday. I picked up a raw Kobe for $10 around the same time Kobe's tragic death was really the catalyst for the exponential gains we are seeing on an almost hourly basis at this point. Yes things were getting crazy, but again NOTHING makes sense in the hobby right now. I guess we should just enjoy the ride |
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#134 | |
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Join Date: Apr 2015
Posts: 7,137
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#135 | |
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Join Date: Jun 2019
Posts: 744
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Fax Kobe top 3 and he ain’t 3rd. And I collect lebron as my main pc lol Sent from my iPhone using Tapatalk |
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#136 | |
Banned
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Sent from my LG-M255 using Tapatalk |
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#137 | |
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Not sure what the take away should be. If you are suggesting that people can expect PSA 10s when buying raw cards from 2008, I would disagree. Of course it can happen. I've purchased two LeBron RCs raw in the last six months that received BGS 9.5. Two terrific scores. Not the usual result and certainly not what I expect when buying raw.
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Can't speak for others. I found it alarming that this card appeared to rise 250% in the course of five calendar days. Last week of July. It was that period that remains questionable. It seems that jump has been accepted.. for now. Tons of examples, but an Emmitt Smith Fleer Update RC made a similar nonsensical jump. April maybe? It held for about a month. Maybe two. It has now lost about 60% of its gain. There we weren't talking thousands of dollars per so it probably slid under most radars. I don't know what's going to happen with this Kobe card. The LeBron paper Topps Icon Flagship timeless beauty is much higher. If that thing is $9k, then Kobe at $6k is probably right. Just not right for me is all. |
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#138 |
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Join Date: Jul 2016
Location: Newburgh, IN
Posts: 1,499
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I was just suggesting that blanket statements of nothing raw on Ebay will GEM and sales are fake is not the cold hard truth. There are always outliers for everything. Everyone has to do their own research, and make their own decisions. Living by blanket statements on the internet will not get you very far is where I was going...
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#139 | |
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Join Date: Sep 2011
Posts: 7,425
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I need to move to North Carolina so I can go to those flea markets and goodwills……...
__________________
"You said the link to the Prizm hanhers was no longer available and out of stock. You lied, dreams of hoarding Prizm died." -mc1 8.6.20 |
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#140 |
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Join Date: Jul 2018
Posts: 1,199
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Again, I'll bet there are THOUSANDS of these cards currently at the big 3 grading companies. The market is about to be completely flooded. If you've got one, move it NOW.
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#141 | |
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Join Date: Jun 2019
Posts: 744
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Well lebron equivalent 221 psa 9 is selling for 2k so 500 ain’t bad for a kobe Feels a whole lot like salt cus u didn’t see the value and take adv of it when u could’ve lol And I don’t even own any of those Kobe’s. Jus pointing out fax as a neutral bystander It’s the same reason that lebron rookie in a 9 costs more then what I paid for a lebron rookie /199 bgs 9, yesterday ![]() Sent from my iPhone using Tapatalk |
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#142 |
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Join Date: May 2009
Posts: 1,568
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I bet theres more sitting in people's closets instead of grading companies. I have a friend who I know has a few from our childhood. When I asked him about it a few days ago. He said they're somewhere in the house but he's not about to turn his house upside down to look for em lol.
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#143 | |
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People didnt see the value because the card had no value/demand for 23 years. Now the card has been manipulated to 50x the value in 6 months. Nothing suss! Sent from my iPhone using Tapatalk Last edited by chuckerrrr; 08-17-2020 at 09:00 PM. |
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#144 | |
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Join Date: Jun 2019
Posts: 744
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More so the bass > print run market paradigm happened Sent from my iPhone using Tapatalk |
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#145 |
Member
Join Date: Oct 2010
Location: New Zealand
Posts: 13,219
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#146 | |
Member
Join Date: Oct 2010
Location: New Zealand
Posts: 13,219
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Either way, the value of the low end Topps should not be up near or above the high end Finest. |
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#147 |
Member
Join Date: Jun 2019
Posts: 744
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#148 | |
Member
Join Date: Apr 2016
Posts: 481
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So three months later, only about 300 more PSA 10s graded? WTF? During the biggest price explosion of modern basketball cards in history? What happened to those thousands of gem mint raw Kobe 96 topps rookies that are sitting in boxes to be graded? Even I am surprised the pop report on 10s has not budged very much during this period. Certainly, those who are sitting on hundreds and thousands of gem mint 10 raw Kobe flagship rookies have been jumping at the chance the last three months to pay $200 2 day service to get those cards graded a psa 10 and turn a $30 raw card into a $2,000 plus graded card before the other thousands of kobes get graded........ Have prices of Kobe rookie cards dropped like all basketball rookie cards the last three months----of course....... is it because of a huge increase in the supply of PSA 10 1996 Topps Topps cards. Of course not. Still crazy to me that there are only 2600 PSA 10 base topps Kobe rookie cards graded. Compare that to the 10,000 plus PSA 10 base rookie cards of Zion and Luka and Ja Morant...... But hey there are thousands and thousands of these just waiting to get graded PSA 10------lets bump this again in a year and see how foolish some of these people bashing the iconic topps kobe rookie card are because there are thousands just out there waiting to become psa 10s. |
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#149 |
Banned
Join Date: Jan 2014
Posts: 12,617
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Just cause something is rare doesn't mean people want it.
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#150 |
Member
Join Date: Jul 2020
Posts: 1,807
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I started tracking the PSA 9 and 10 pop of Kobe's Topps Base and NBA 50th parallel on a daily basis, since 8/18/20 to see how the population has been. Here's where it stands:
1996 Topps #138 Base: 8/18/20 PSA 9: 5,604 PSA 10: 2,243 11/21/20 PSA 9: 7,439 (+1,835 new in 95 days) PSA 10: 2,575 (+332 new in 95 days) 2,575 Total Pop Count Comparison: 10,670 vs 14,404 (+3,734 new in 95 days) The NBA 50th Parallel has been interesting, PSA must have literally the strictest ruleset for a GEM 10 on it, because in those 95 days since I've been tracking, not a single new PSA 10 has popped. 1996 Topps NBA 50th #138 8/18/20 PSA 9: 248 PSA 10: 67 11/21/20 PSA 9: 281 (+33 new in 95 days) PSA 10: 67 (+0 new) Total Pop Count Comparison: 618 vs 726 (+108 new in 95 days) |
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