Bruce I agree 100% and am glad to have someone of your stature and
experience say it. Whether on purpose or inadvertently the graders and
authenticators will always give better results to people or companies that
they know. The ones that are the most experienced are those who have been
and continue to be in the business, there for when they grade' authenticate
something they are competing against themselves. 

-----Original Message-----
From: MoPo List [mailto:[EMAIL PROTECTED] On Behalf Of Bruce
Hershenson
Sent: Saturday, April 21, 2007 9:39 PM
To: [email protected]
Subject: [MOPO] Slabbing apples and oranges?

Sean wrote, "So Bruce, were there enough follow-ups to your message that you
will give us your views on slabbing, or are you out looking for apples?"

Actually I was out BOBBING for apples. Does anyone here even know what that
means without looking it up? Even when I was a kid it was probably 20 years
since anyone had "bobbed" for apples at a Halloween party. There are a
million expressions and rituals like that which are dying a slow death and
will surely virtually vanish within another generation's time.

But back to slabbing. Here is my opinion Sean. I am against slabbing of
lobby cards, for two reasons.

One, I don't want them made "untouchable". Unlike comic books, I don't care
about the fact that they are shut away for reading or research purposes,
since you can still see the entire front and back (like a stamp or baseball
card). And it is not the "smell" of a lobby card on the morning, either,
although there IS SOMETHING wondrous about an absolutely mint 75 year old
lobby card that DOES make you want to hold it unsheathed.

But the problem with encasing them is that holding them in your hands is a
big part of doing a condition description, especially when you are looking
for really expert restoration. I have looked at more lobby cards than any
human being alive (with the likely exceptions of Morrie Everett and Mike
Hawks) and it really makes a difference if I look at a card in a mylar or
plastic sleeve or outside the sleeve when I am doing condition, and so I
always remove it, even though that takes lots of extra time.

I feel that slabbing them will make it far easier for even experts to miss
tiny flaws or tiny expert restoration.

Which brings me to my second objection. I don't trust the grading services,
for two reasons. One, they are substantially owned by the major auction
houses and dealers, and those same major auction houses and dealers
regularly submit items to the very grading service they own to be graded
(and often re-graded) and to say this is a "conflict of interest" is a
massive understatement! It is well known that many major auction houses and
dealers regularly buy graded items and are able to have them "up-graded".
That COULD be because they were "under-graded" the first time, or it COULD
be that the grading services are more lenient on their submissions, and the
ownership issue is enough for me to feel this is clearly very unhealthy.

But suppose the grading services were completely owned by independent people
with no connections to major auction houses and dealers. I still see real
problems. First, the grading service that gives the most lenient grades
would surely get the most submissions (especially once word spread of how
lenient they are) and there would  quickly be major "grade inflation", and
that can only end with virtually everything being graded as gem mint!

Second, who ARE these people doing the grading? It has taken me 40 years of
examining lobby cards, the last 18 full-time, for me to feel that I am a
true expert on lobby cards. You are going to tell me that some pimply-faced
kid can learn what I learned in a month or so, and that their grading is as
accurate as mine (or any other long time expert)? And the employees of the
grading companies are likely under a lot of pressure to get a lot done each
day, and they may well be paid by how many they finish, something that
surely is at odds with careful scrutiny of every tiny flaw, and finding all
possible restored areas.

I have heard dozens of "horror stories" on the slabbing of comics over the
years (people who broke open slabs only to find undisclosed defects, etc,
etc) to know that there are real procedural problems in this business,
whether they come from honest errors or dishonest intentional "mistakes".

And of course, slabbing brings on the "investors". But that's a whole
'nother subject, one for another day!

Bruce

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