Grading and Authenticating Your Merchandise


When you're selling collectible items on eBay, it helps to know what kind of shape your items are in. Most serious collectors expect the items they buy to be exhaustively photographed and described, in accordance to the conventions of that particular collectible category. For many categories, that means grading the item's conditionaccording to some very formal rulesor getting the item authenticated.

If you're not familiar with the process, grading is a way of noting the condition of an item, according to a predetermined standard. Collectors use these grading scales to help evaluate and price items within a category. If you know the grade of your item, you can include the grade in the item's title or description, and thus more accurately describe the item to potential bidders.

What kinds of items are typically graded? It's a long list, including stamps, coins, comic books, sports cards, and gems. In addition, anything of a sufficient value that's autographed can and probably should have the signature authenticated. If you play in one of these categories and don't grade your auction items, you won't be considered a serious dealer.

Understanding Grading Systems

When it comes to grading, every category does it a little different; there is no such thing as a "universal" grading system for all items. For example, trading cards are graded from A1 to F1; stamps are graded from Poor to Superb. You'll need to learn the specific system for the items you intend to sell.

That said, many collectible categories use a variation of the Mint grading system shown in Table 9.1.

Table 9.1. Mint System Grading

Grade

Abbreviation

Description

Mint

MT, M, 10

An item in perfect condition, without any damage or imperfections.

Very Fine

VF

Similar to mint.

Near Mint

NM, 9

An item with a very minor, hardly noticeable flaw. Sometimes described as "like new."

Near Fine

NF

Similar to near mint.

Excellent

EX, 8

An item considered above average, but with pronounced signs of wear.

Fine

F

Similar to excellent.

Very Good

VG, 7

An item in average condition.

Good

GD, G, 6

An item that has clear indications of age, wear, and use.

Fair

F

An item that is heavily worn.

Poor

P, 5

An item that is damaged or somehow incomplete.


Grading can sometimes be a little confusing. Why is Near Mint below Mint, but Near Fine is above Fine? Beats me, but that's the way it is. In addition, degrees between grade levels are often indicated with a + or . (For example, an item between Fine and Very Fine would be designated as F+.) Naturally, the definition of a Mint or Fair item differs by item type.

Note

eBay provides a page of links to "authorized" authentication services at pages.ebay.com/help/community/auth-overview.html.


Getting Graded

If you're not sure what grade an item is, you may want to utilize a professional grading and authentication service. These services will examine your item, authenticate it (confirm that it's the real deal), and give it a professional grade. Some services will even encase your item in a sealed plastic container or bag.

Where can you get your items graded? Table 9.2 lists some popular websites for grading and authenticating collectible items.

Table 9.2. Grading and Authentication Services

Collectible

Site

URL

Autographs

Global Authentication

gacard.net/ebay/cardmain.asp

 

James Spence Authentication

www.spenceloa.com

 

OnlineAuthentics.com

www.onlineauthentics.com

 

PSA/DNA

www.psadna.com

Beanie Babies

Peggy Gallagher Enterprises

www.beaniephenomenon.com

Coins

American Numismatic Association Certification Service

www.anacs.com

 

Numismatic Guaranty Corporation of America

www.ngccoin.com

 

Professional Coin Grading Service

www.pcgs.com

Comic books

Comics Guaranty

www.cgccomics.com

Jewelry

International Gemological Institute

www.e-igi.com

Native American artifacts

Authentic Artifact Collectors Association

www.theaaca.com

Photos

PSA/DNA

www.psadna.com

Political items

American Political Items Collectors

www.apic.us

Sports cards

Beckett Grading Services

www.beckett.com/grading/ebay/

 

Global Authentication

gacard.net/ebay/cardmain.asp

 

Professional Sports Authenticator

www.psacard.com

 

Sportscard Guaranty

www.sgccard.com

Stamps

American Philatelic Society

www.stamps.org

Professional Stamps Experts

www.psestamp.com


The cost of these authentication services varies wildly, depending on what you're authenticating, the age or value of the item, and the extent of the service itself. For example, Professional Sports Authenticator rates range from $5 to $150 per sports card; Professional Stamps Experts rates range from $8 to $500 per stamp, or (in some cases) 4.5% of current catalog value. Make sure that the item you're selling is worth it before you go to this expenseand that you can recoup this expense in your auction.




Making a Living from Your eBay Business
Making a Living from Your eBay Business (2nd Edition)
ISBN: 0789736462
EAN: 2147483647
Year: 2004
Pages: 208

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