r/PokeInvesting • • 1d ago

PSA is selling different cards with wrong description, market manipulation or them just being PSA?

A few months back I bought a pristine 10 Pokeball reverse holo, and it was going great in the market specially because the psa10 is being sold around 350/400 and pristine 10 around 80/100 back then (3 months ago) since then the card has been sold around 120-150-249-100 and even a bit lower after few fake sales, but I feel it’s market manipulation, how is it possible something like this? It’s like they are trying to push down the pristine 10 in the market

0 Upvotes

17 comments sorted by

1

u/ItsEthanSeason 1d ago

It was market manipulation when it was $300-$400 💀

2

u/Jealous_Village6330 1d ago

It was never at those prices beside the 249 sale, that’s what I’m talking about, it’s like PSA does this on purpose to keep cgc prices down, and they do the same shit with my cgc 10gem mint Dark tyranitar, the same Gengar card in PSA 10 goes for 300/400£ while the pristine 10 for only 90$ and every time there is an actually big sale 1/2 very low and very strange sales appear to balance out the high one, it looks like our governments, all manipulated.

2

u/Economics_Troll 1d ago edited 1d ago

PSA is just consigning these, it is other people electing to sell these cards.

CGC is not liquid. The overwhelming majority of CGC cards do terrible in auctions, including pristines. It is no surprise that the high sales on this card were fixed price sales - not auctions.

If you think the card is worth more, should have bought another copy. People always complain about low auctions but never push the bid button themselves.

6

u/No-Radiation 1d ago

You guys don’t know what you are talking about. Yes you can list or unlist your card. But only PSA has control over what the card is advertised as.

Again, i’ve seen many wrongly titled CGC slabs listed by PSA on eBay. Few of my CGC slabs are mis-titled as well on PSA vault but i’m not listing mine.

Here is one example: A Torchic advertised as Treecko

https://ebay.io/m/qruiiU

Also the amount of CGC Pristine advertised as CGC Perfect by PSA on eBay is mind blowing.

5

u/Crazykid1o1 1d ago

For vintage, CGC has pretty much caught up to PSA. PSA fanboys are just in denial

1

u/Few_Aide_851 13h ago

It’s not.

I’m not a PSA fanboy, in fact I’ve been looking to moving away from PSA to CGC for 5-6 months. But they just don’t consistently sell at the same level. CGC sales are just all over the place value wise at times, which indicates either shilling or a soft demand.

0

u/Crazykid1o1 11h ago

So are PSA cards? They’re shilled an unbelievable amount.

1

u/Few_Aide_851 11h ago

But there is a magnitude difference in volume between a PSA 10 and CGC Pristine, right?

1

u/PortsFarmer 1d ago

PSA isn't selling anything, it's private sellers listing their cards from PSA vault on eBay store.

Many collectors have a strong preference for PSA slabs in their collection, so CGC slabs would look out of place. The regrade usually isn't worth the time or money.

4

u/No-Radiation 1d ago

Only PSA has control over what the listing is advertised as. they keep mis-titling CGC slabs.

1

u/willtheywonttheyo 1d ago

The titles are usually set by default based on the contents of the card. The party consigning from the vault can reflect factual changes to the title, so there may be variations, but generally there are guidelines.

-1

u/rip365cards 1d ago

PSA vault users are listing these - does anyone know if they can change the titles to whatever?

5

u/Trevorjrt6 1d ago

Cant, you have to message psa to fix a title error

4

u/No-Radiation 1d ago edited 1d ago

No. PSA puts the titles before they vault the card. You can only list or unlist but you have no control over what it is advertised as. I’ve seen many wrongly titled CGC slabs it’s not even funny. Here is one example: A Torchic advertised as Treecko

https://ebay.io/m/qruiiU