Beware “graded value” baseball cards on Ebay

There are a few hucksters on Ebay, whom I don’t care to give free advertising by mentioning by name, who hawk “graded” cards on Ebay and claim them to be especially valuable. One even puts supposed appraised values in his listings in parenthesis, then invites you to visit his page for an explanation of “graded” value, where he cites an example of a run-of-the-mill 1970s star card, normally worth $60, being worth $2,500¬†once graded.

The thing is, that’s an edge case, and it’s important to understand those edge cases to avoid getting ripped off.

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