Thanks for writing just about what I was thinking, Bruce. I see no one has answered the question you asked about who owns, or has an interest in CGC.
And no one has yet answered John Reid's question about the cost of slabbing a single lobby card. Is it a flat fee or a percentage of the "value" of the grading, or the perceived value of the card? If the latter, how is the value arrived at? What guarantee does one have that any of the CGC graders do not have a vested interest, even if removed, from how a card is graded? Can we see a list of names of the CGC graders who graded the cards for the Heritage auction? How have they been fully informed of the Universal fakes? Phil E. ----- Original Message ----- From: Bruce Hershenson To: [email protected] Sent: Thursday, July 01, 2010 9:15 PM 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 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: a.. 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 b.. What materials are used when slabbing the cards? Is the plastic and materials used to slab the card acid free, uv protected, etc? c.. It looks as though the plastic may be flexible ie it could be bent or creased. Does slabbing protect the card from any damage? d.. How does slabbing affect framing? e.. What happens if sunlight affects the card? f.. If damage occurrs whilst the card is slabbed can the card be regraded? g.. How will this "trend" affect lobby cards that have not been slabbed? h.. 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 Visit the MoPo Mailing List Web Site at www.filmfan.com ___________________________________________________________________ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [email protected] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content. Visit the MoPo Mailing List Web Site at www.filmfan.com ___________________________________________________________________ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [email protected] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content. Visit the MoPo Mailing List Web Site at www.filmfan.com ___________________________________________________________________ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [email protected] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content. Visit the MoPo Mailing List Web Site at www.filmfan.com ___________________________________________________________________ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [email protected] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content.
