Grey,

 

"I hear some say, "Oh, I can't touch it so I wouldn't want it!" Do you not
have a pair of scissors? Cut the card out of the slab and frame it with the
saved grading label put on the back of the frame! You know what you have
bought!!  If you go to sell it, either the potential buyer or seller could
have it re-graded."

 

The above comment may have come from me.  I am new to slabbing and do not
know the convention, so I'm sorry if I'm muddling the discussion.  If it is
accepted practice to remove items and keep their details, I certainly
wouldn't have a problem with that.  I guess you would have to have them
re-graded to ensure that cards weren't being changed, but that doesn't seem
to be a big issue to me as long as the cost and process is negligible.

 

For me, the trade-off to weigh would be "does the cost and trouble of
re-grading/slabbing offset the cost of buying improperly graded paper".

 

Anything that improves the integrity of the hobby and introduces consistent
standards is a plus for me.as long as it doesn't raise the price of
participating.

 

Sorry for any confusion.

 

DBT

 <http://www.linkedin.com/in/douglasbtaylor> Profile

 

From: MoPo List [mailto:[email protected]] On Behalf Of Smith,
Grey - 1367
Sent: Thursday, July 01, 2010 1:46 PM
To: [email protected]
Subject: Re: [MOPO] Slabbed Lobby Cards at Heritage

 

Thank you, Cory, for a voice of reason.

 

This is a small hobby and for it to grow or that matter for any hobby,
business, or enterprise of any nature, often one must try to embrace or at
least realize that there will be change.  To try to ignore these changes is
like living in 1980 and believing the personal computer couldn't be good for
much unless you were an accountant!  I cannot help but believe many young
people would love to be involved in this wonderful hobby, yet there is such
a strong contingent of "older" people in this field that perhaps they feel
intimidated by or believe that unless they know more they would never be
accepted. And I include myself in that older group! This will help give the
newer buyers more confidence and will inevitably bring more material  and
buyers into the market.

 

How can there be a damaging effect by removing the owner from the grading of
a lobby and turning it over to an accredited group who have no financial
gain in how a card grades, hurt anyone but perhaps the seller wanting to
pass off a lesser card?

 

Confidence is what we are addressing here. I am not sure how many have
bought a poster that was not graded as they felt was fair, but I dare say, a
large percentage of buyers.  At Heritage we have constantly tried to improve
our grading and in contrast to what some of our competitors will claim, we
very rarely get any complaint or return for grade or quality, I am proud to
say. Now, bear in mind that so much of what is bought in posters is now
purchased over the internet and a buyer is going by an image online only!  I
cannot help but believe that by taking the grading out of the seller's hands
where lobby cards are concerned and putting them in the hands of a company
that is highly qualified in the grading fields, who has nothing to gain but
the cost of grading and has been in that field for comics for over ten years
and in the other hobbies for, I believe, over 23 years, will bring a great
lot of credibility to this hobby. 

 

I hear some say, "Oh, I can't touch it so I wouldn't want it!" Do you not
have a pair of scissors? Cut the card out of the slab and frame it with the
saved grading label put on the back of the frame! You know what you have
bought!!  If you go to sell it, either the potential buyer or seller could
have it re-graded.

 

On one other note, I see where there is concern that if something is bought
and the graders have missed a "forged" card, what sort of recourse is there?
First of all you must believe that CGC has been fully appraised and is aware
of the forgeries and yes, they do stand behind what they grade, financially.
It is called a guarantee.

 

 

From: MoPo List [mailto:[email protected]] On Behalf Of Cory
Glaberson
Sent: Thursday, July 01, 2010 7:50 AM
To: [email protected]
Subject: Re: [MOPO] Slabbed Lobby Cards at Heritage

 


The point of slabbing is exactly as Bruce writes - its designed to assure
people new to the hobby that the cards are real and graded properly. These
new collectors don't know Bruce or Rich, don't know how to grade lobby cards
and don't know who to trust. But they still are interested in collecting and
investing. CGC has been around long enough in enough different hobbies to
maintain credibility.  

 

These new collectors might be speculators and might drive up prices to
amazing levels - but I am having a hard time thinking that's a bad thing. So
slabbing will bring in more customers, some of who might actually become
real collectors, drive up prices on the better material and make the dealers
more money and the worth of collections higher. What's the objection?

If it works out like it did in comics - it actually DROPPED the prices of
lesser material. Only the very top pieces maintained the huge "overguide"
prices.

 

It does mean that the people who now are at the top of the hobby will have
to adjust to the new reality and that means winners and losers. It will
complicate bragging rights as well. A Collector will have a killer card, but
these newbies won't be impressed until its slabbed and graded
professionally. But its a  good thing to shake up move memorabila collecting
once in a while (in a good not the Haggard way).

 

Adrian on the other hand does have a point - can these comic book guys be
trusted to grade lobby cards? Some of my friends say absolutely not.  The
CGC guys will get it spectacularly wrong in the beginning, but after a while
they conqueror the learning curve. Then slabbing  will take off even with
established collectors when they see their best stuff triple or quadruple in
value.

 

Cory

 

 

 

-----Original Message-----
From: Bruce Hershenson <[email protected]>
To: [email protected]
Sent: Thu, Jul 1, 2010 6:15 am
Subject: Re: [MOPO] Slabbed Lobby Cards at Heritage

I too hate slabbing, especially on comic books where it makes them
unreadable. Why not start slabbing particularly fine examples of food, so it
will become un-eatable?

But here is how it will likely go:

An unnamed auction house or two will start auctioning more and more of these
monstrosities. They will auction for two to ten times the regular prices (we
will never see the high bidders, so we won't know if the results are real,
or if it is a house bidder "buying" from themselves).

But people will want in on this "free money". and they will start submitting
their own lobbies to be slabbed, and for a while they will get great
results, and that will encourage them to slab lots more, and others will
start doing the same.

Then an unnamed dealer will have an "all-slabbed" auction on eBay, and the
results will be amazing, and everyone will start to sing the praises of
slabbing (except for a few old fogies like me, Phil Edwards, Rich Halegua,
and others) and we will quit selling lobbies altogether, and they will be
purchased by the same investors who have overrun other hobbies, and before
too much longer a lot of the new "collectors" will say, "I only buy slabbed
lobbies, because I KNOW what I am getting", as if buying an item that some
paid employee looked at for a minute is more trustworthy than buying an item
from a dealer who has collected and bought and sold lobbies for 20 or 30
years!

At least that's how it played out in comic books, baseball cards, and coins.

Some questions:

1) WHO owns the grading service who slabs these (and if a major auction owns
even a small percentage of them, then isn't that a massive conflict of
interest)?
2) Every top dealer (except for one) has admitted they would have been
fooled by the Haggard fakes, and in fact most were, and a leading restorer
was fooled by a recreation of an ultra-expensive one-sheet. Isn't that proof
that the last thing we need is some new people being paid to authenticate
and grade lobby cards?
3) In other hobbies (comic books, baseball cards, and coins), slabbing has
siphoned millions of dollars out of collector's hands, and has driven out
lots of the collectors who have a love of the items, and brought in a lot of
"investor" types, and has created a "bubble" in prices not unlike that seen
in the stock market or real estate markets. Is that what we want for our
hobby?

Bruce

On Thu, Jul 1, 2010 at 1:45 AM, Phil Edwards <[email protected]> wrote:

I would never bid on a slabbed anything.

The reasons are painfully obvious, aren't they?

Phil E.

 

----- Original Message ----- 

From: JOHN REID <mailto:[email protected]>  Vintage Movie Memorabilia 

To: [email protected] 

Sent: Thursday, July 01, 2010 1:03 PM

Subject: [MOPO] Slabbed Lobby Cards at Heritage

 

I have been browsing through the latest Heritage catalogue and once again it
is very impressive. One thing that will be of interest to many is that
amount of "slabbed" lobby cards that appear in this auction. A great many
look to be sealed in some sort of plastic with a grading by CGC whoever they
may be.

 

I have never been too keen on the idea of slabbed lobby cards and wonder
what you guys think about them. My concerns are:

 

*       Slabbing and grading the cards would add to the overall cost of the
cards and surely it would be hardly worthwhile on lobby cards of medium
value - say $200.00 
*       What materials are used when slabbing the cards? Is the plastic and
materials used to slab the card acid free, uv protected, etc? 
*       It looks as though the plastic may be flexible ie it could be bent
or creased. Does slabbing protect the card from any damage? 
*       How does slabbing affect framing? 
*       What happens if sunlight affects the card? 
*       If damage occurrs whilst the card is slabbed can the card be
regraded? 
*       How will this "trend" affect lobby cards that have not been slabbed?

*       Will the value of lobby cards be increased or decreased by slabbing?
I know that some collectors will prefer to have the card in its original
state and will avoid purchasing cards that have been slabbed. No doubt,
there will be others who will like the idea.

 

Regards

John

 

 

Website: www.moviemem.com
 
JOHN REID VINTAGE MOVIE MEMORABILIA
PO Box 92
Palm Beach
Qld 4221
Australia

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