We've had someone with plenty of experience of handling movie paper,
but with eyes that couldn't see, as well as other issues.
Now we have people with eyes that presumably see, albeit in a
completely different area of collecting and with presumably very
little experience of handling movie paper.
Hardly ideal.
Comic book experts authenticating movie paper, and the last thing
you'd want is anything encapsulated to prevent it being properly
examined.
I think the argument that you could always remove from the slab to
display disingenuous.
The whole purpose of it is to guarantee the state the card is in, and
ensure that it remains in that state so it's a reliable commodity.
Can see an argument for this with high end cards bought for
investment, but only if the authentication is of the absolute highest
standard.
(But, perhaps those are too uncommon to create the desired market?)
It seems the ideal system to attract people who have the cash but
don't care enough to educate themselves, or involve themselves with
the hobby.
Movie paper as a cold investment, tucked away for purely financial
appreciation doesn't seem like a good way forward to me.
On 2 Jul 2010, at 00:47, Phil Edwards wrote:
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: MoPo-L@LISTSERV.AMERICAN.EDU
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 <p...@cinemarts.com>
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: MoPo-L@LISTSERV.AMERICAN.EDU
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
Visit the MoPo Mailing List Web Site at www.filmfan.com
___________________________________________________________________
How to UNSUBSCRIBE from the MoPo Mailing List
Send a message addressed to: lists...@listserv.american.edu
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: lists...@listserv.american.edu
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: lists...@listserv.american.edu
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: lists...@listserv.american.edu
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: lists...@listserv.american.edu
In the BODY of your message type: SIGNOFF MOPO-L
The author of this message is solely responsible for its content.
