By now you are probably at least somewhat familiar with the various scandals rocking the baseball card world. Any summary I could provide here would be outdated by the time I hit “Publish.” Therefore I will address only one aspect of the scandal, one that to some collectors is no scandal at all: the alteration, restoration, and repairing on cards. (Also see “What Do Baseball Cards Want?” for a related SABR Baseball Cards article.)
I will lead off with an unquestioned assumption I think most collectors have hung their hats on for a while: condition is a one-way street.
True or not, we at least initially presume cards begin in some pristine (or at least best) state from which their condition either stays the same or gets worse over time. Were we to plot the condition of a card continuously over time, we could get what your calculus teacher would have called a monotonically decreasing function.
Where a collector put his cards in bike spokes, pockets, or a rainstorm, condition decreased quickly. Conversely, where a collector used more protection than a Spring Breaker in Tijuana, condition was protected and preserved. However, nothing caused condition to improve. Cosmetic appearance? Yes. Condition? No.
When it comes down to it, the idea that condition is a one-way street is the main reason high-grade cards are so coveted. Some collectors might argue that their value simply comes from looking the nicest. However, I would prop up the near worthlessness of reprints as a counter to that claim.
Take a look at this (aptly named) Hack Wilson, before and after it’s run-in with a paper cutter.
With four well-placed cuts the corners, edges, and centering have all improved, but would you (or anyone) actually pay me more for the card on the right, having watched me create it from the card on the left? Unless your intention was to profit off an unsuspecting collector ignorant of the trimming, I have to imagine you’d either walk away or lower your offer considerably.
Yes, the card may look better, but we know it’s not better. Sure, the contrarians out there might challenge us to explain why size is somehow more important than corners, edges, and centering combined, and when they put it that way we would likely even struggle. Of course the real reason isn’t a reason; it’s an assumption.
Condition is a one-way street. As such, anything significant done to a card automatically and axiomatically makes the card worse. Period. Doubt that, and nearly any discussion of condition or premium on condition becomes farcical.
Condition is a one-way street. Period.