Peter,
Have you tried a STANBACK powder?  My grandmother used to swear by them.
Excedren supposedly works on migraines, but I use ZOMIG.  Though you have to get
a prescription!

Kirby


On Jul 2, 2010, at 3:31 PM, peter contarino wrote:

> I learned some time back that Grey had met with CGC to “train” their comic 
> book graders on grading movie material, so I knew this was coming. I suppose 
> we all knew this would rear its ugly head eventually. I am encouraged by the 
> feedback I am hearing on MOPO with regards to the balloon that Heritage has 
> floated with the upcoming auction. The correct and salient questions are 
> being asked and, not surprisingly, are not being answered to anyone’s 
> satisfaction. Bruce has the firmest grasp of the reality of what CGC would 
> bring to the table, which is basically nothing. Nothing positive at least. 
> Since Ron Moore has evidently become the default spokesperson for Heritage, 
> let me address his post, non sequiturs and all:
>  
> Ron starts by suggesting that given the Universal Haggard debacle, many 
> people on MOPO are in favor of a third party grading/authentication entity. I 
> haven’t spoken with even one collector or dealer who is in favor of this nor 
> have nearly any of the posts indicated this. The vast majority of collectors 
> can’t even afford Universal paper.
>  
> In response to Bruce’s statement regarding the influx on investors who have 
> “overrun other hobbies”, Ron states:
>  
>  “Sorry, but I’ve never understood this argument. Are you saying that because 
> someone has money (or has access to more disposable income than you) that 
> they couldn’t possibly love the film as much as you do? Therefore, if they 
> buy a lobby and are willing to pay more than you, then they are investors and 
> not collectors? I truly don’t understand the logic here at all. To me, that’s 
> completely irrational. Here’s another take on the same argument (that’s also 
> just as irrational)- MAYBE they are more of a fan than you and are willing to 
> prove it by shelling out more money to buy the item than you’re willing to 
> pay. Therefore you couldn’t possibly love the lobby/film more than the 
> “investor”. – Hmmm… that doesn’t make much sense either. Maybe there’s 
> another reason people are willing to pay more for slabbed items…”
>  
> No, that is not what Bruce is saying. He is merely pointing out a reality 
> that has overwhelming precedent from other hobbies. Comic book collecting, 
> for example, is no longer as much of a hobby as it is an investment vehicle.  
> More on that later.
>  
> In answer to Bruce’s question #2, Ron states with respect to CGC: “this is 
> EXACTLY what we need”. He goes on to make the following statements: “I can 
> only hope that the people at CGC have enough experience in spotting fake 
> paper collectibles”… “They’ve been trained to look for problems so they 
> willhopefully spot problems”… “As long as the information is available to CGC 
> about reissues, etc., I’m sure they will get it right and certainly as well 
> as any other dealer. This is a learning curve that any collector or dealer 
> goes through when entering a new hobby”(emphasis all mine).
>  
> Well. That is certainly a compelling and encouraging argument. They have had 
> a crash course in grading movie paper and are therefore as qualified as any 
> dealer in the world at grading and he is sure they will get it right. 
> Hopefully, that is.
>  
> In response to Bruce’s succinct comment regarding whether a paid employee who 
> has looked at a piece for a minute is more trustworthy than a dealer with 
> 20-30 years of experience, Ron responds with:  
> “I certainly hope this isn’t a lack of faith in long-standing dealers”. Huh? 
> He continues: “However… just because someone’s been dealing for 20 to 30 
> years (myself included here) doesn’t make them “in-line” with the current 
> grading standards… that don’t actually exist.” Say what Ron?
>  
> Which leads me to what should be the headline of Ron’s post and the crux of 
> the matter: A new grading standard to be determined by CGC. CGC re-wrote the 
> rules of grading comic books and it is painfully obvious that they intend to 
> do the same with movie paper. And if they follow suit, the grading will be 
> based on their own set of furtive values. Inconsistent and unreliable, with 
> ambiguous explanations of how the grade was determined. Plan on your near 
> mint, gorgeous lobby card that has a small bit of brown tape on the reverse 
> coming back a 5.0.
>  
> The other cheerleader for this singularly bad idea stated:
>  
> “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.”
>  
>  No, that’s not what Bruce said and it is disingenuous and naive to claim 
> that this is the purpose of slabbing.
>  
> “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.”
>  
> Uh huh.
>  
> By the way, the cost involved in slabbing is not only the encapsulation, but 
> is based on a multi-tiered system, and with regards to the more expensive 
> material, the cost is calculated according to what CGC determines the 
> material is worth after grading. This is what’s known in the real world as 
> conflict of interest. I will address actual costs shortly.
>  
> “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.” 
>  
> Excuse me for a second while I get a BC powder….Ok I’m back.
>  
> So…slabbing will increase the worth of collections and at the same time drive 
> down the value of lesser material.  Well that’s great if your collection 
> consists of nothing but high grade, high end material(evidently, high grade, 
> high-end material is the nucleus of all collections).
>  
> The majority of comments being made by detractors of this plan(that being 
> pretty much everyone)have two recurring themes: the cost and hassle of 
> slabbing, and the net effect on the hobby. These are practical questions and 
> are also born out of a love and concern for the hobby. The above quotes 
> demonstrate the real motivation behind this effort to bring a third party 
> grading system into play: To drive prices. Plain and simple.
>  
> This is a business decision by Heritage to interface with CGC and it is 
> certainly their right to do so. It may in fact be a smart business move on 
> their part. But let’s not fool ourselves or be fooled. This is not an 
> altruistic effort to help the hobby and new collectors who might(god 
> forbid)make mistakes initially while paying their dues learning the 
> hobby/market as we all have. Learning first hand, making mistakes, gaining 
> knowledge through experience is part of the process, the journey, as they say.
>  
> Make no mistake, this is not for the benefit of the collector or the good of 
> the hobby(depending on your definition of good). This will benefit CGC and a 
> few interested parties. And yes, if successfully implemented, high end 
> material will sky-rocket and as Bruce has correctly pointed out, become the 
> intrinsic realm of investors, not collectors.
>  
> With the constant barrage of the same titles being offered over and over and 
> over(and over) every week it has become painfully obvious how plentiful much 
> of the material is. The net effect of this unsustainable model is that the 
> market is in a state of decline. So when scarcity is no longer in play, 
> condition will rule the day. And that is the point of this exercise: To abate 
> the negative effects of ceaselessly flooding the market with material by 
> taking the market in a new direction and putting emphasis on condition.
>  
> It has been suggested that all these pesky, gainsaying, uninformed, 
> contrarian philistines misunderstand this new and requisite need for a third 
> party grading system and are resistant to change. Their concerns are well 
> founded, however. I called CGC and spoke with them just now. Here is the way 
> the tiered fee structure works at CGC for lobby cards:
>  
> A card with a maximum value of 300.00 is labeled “Economy” and costs $10 with 
> a 40 business day turnaround
> A card with a maximum value of 1000.00 is labeled  “Standard” and costs $20 
> with a 15 business day turnaround.
> A card with a maximum value of 5000.00 is labeled “Express” and costs $40 
> with a 5 business day turnaround.
> A card that is valued at more than 5000.00 is labeled “Walk through” and 
> costs 1% of fair market value.
>  
> “Fair market value” by the way is ultimately determined by CGC. For example, 
> if I send a card in that I think is worth 2000.00 and CGC looks at it and 
> says “no, this will grade at such and such and is worth 8000.00”, my cost on 
> that card just went from $40.00 to 80.00 if I decide to proceed(in theory and 
> maybe practice, they contact you before proceeding). If they determine it is 
> worth $5,500.00, it’s still $80 because for anything valued greater than 
> $5000.00, there is an $80 minimum. On the upside there is a $1000.00 maximum 
> charge per card. 
>  
> How sweet is that!
>  
> At the end of the day, the most persuasive argument presented so far in favor 
> of slabbing is that I could eat Fruit Loops and splash milk while enjoying my 
> Lobbies.
>  
> -Peter
>  
>  
>  
> Visit the MoPo Mailing List Web Site at www.filmfan.com
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