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PSA later refused to re-grade the card, as any result—whether confirming or contradicting the original PSA 10—would expose their prior misrepresentation. The buyer was refunded by the seller, but the seller—who had relied on PSA’s authentication—never recovered the nearly $1 million value of the card (Id., ¶¶ 72–106).
Cards are considered poor to pristine based on their condition, or in some cases rated 1 through 10. [35] A card in pristine condition, for example, will generally be valued higher than a card in poor condition. Major card grading companies which provide these ratings on a scale of 1-10 include PSA, Beckett, and SGC.
[10] In November 2020, it was announced that Collectors Universe would be taken private in a $700 million all-cash buyout by hedge fund manager Steve Cohen, D1 Capital Partners, and collector Nat Turner in the first quarter of 2021. Among the reasons for the purchase was increased interest in collecting by consumers during the COVID-19 pandemic ...
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Panini Prizm Gold Prizm #280 Rookie Card Serial numbered #3/10 PSA GM-MT 10 January 30, 2021 Goldin Auctions Set record for a non-autographed Luka Dončić Rookie Card. 29 $958,733 $700,000 Eddie Plank: 1909–11 T206: c. 110 [33] [9] [10] PSA 7 2012: Private sale Like the T206 Honus Wagner, the reason for the scarcity of T206 Plank cards is ...
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One of the most famous price guides is the Beckett price guide series. The Beckett price guide is a graded card price guide, which means it is graded by a 1–10 scale, one being the lowest possible score and ten the highest. In addition, Professional Sports Authenticator (PSA) grades cards 1–10, and can authenticate autographs as well.
The Professional Sports Authenticator (PSA) company graded this card a PSA 8 Near Mint-Mint (NM-MT) on their 10-point scale, [31] [32] the highest grade given to a T206 Honus Wagner card. Bill Hughes [33] was the official grader of the card, working for PSA at the time. Hughes admitted to knowing that the card had been altered when he graded it.