Wemby Top Shot moment sells for $145k 👽

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Here’s what we’ve got for you today:

• Wemby Top Shot moment sells for $145k 👽

• Should PSA release grader notes? 📝

• Auctions ending soon 🔎

• People to follow in the hobby 👥

• Meme of the day 🃏

WEMBY TOP SHOT MOMENT SELLS FOR 145K 👽

NBA Top Shot just recorded one of its biggest sales, with a moment highlighting Victor Wembanyama’s NBA debut selling for $145k.

The sale comes in as the fifth-largest Top Shot sale since the inception of the platform. All four of the more expensive sales were LeBron moments, which all sold in 2021 for prices ranging from $179k to $230k. The most expensive moment was a jersey number-matched LeBron moment from the 2020 NBA Finals.

NBA Top Shot sales volume has been steadily declining since peaking at $226 million in monthly volume in February 2021. Marketplace volume in March 2024 tallied up to just $5.4 million, but the recent crypto bull run seems to be injecting some renewed interest in the platform.

SHOULD PSA RELEASE GRADER NOTES? 📝

PSA grader notes, detailed notes from the grader for a specific card, have been in the spotlight lately. In a since-deleted post, Nat Turner, CEO of Collectors, referenced the grader notes for a specific card that a Twitter user had concerns about.

People quickly questioned why PSA doesn’t make grader notes publicly available, but is willing to share them over Twitter. It’s not a simple question, so I’m going to highlight some pros/cons for them sharing grader notes publicly. Personally I’m all for more transparency, but let’s take a stab at it.

Here are some potential pros:

• Increased transparency: access to grader notes could clarify the reasons behind a card’s grade, potentially enhancing trust in the grading process.

• Better informed transactions: collectors can use notes to guide buying/selling decisions.

• Educational benefits: collectors will be able to better understand grading standards and help them decide what to send for grading.

• Grading consistency: public notes would hold PSA accountable to having consistent grading standards.

And here are some cons:

• Higher dispute rates: availability of grader notes could increase disputes or appeals from collectors who disagree with their assigned grades.

• Excessive focus on flaws: excessive focus on minors flaws detailed in the notes could add an extra layer of complexity to buying/selling cards.

AUCTIONS ENDING SOON 🔎

• PWCC Premier Auction: ends April 18

• Sirius Sports Cards: ends April 18

• Greg Morris Marketplace: ends April 21

• REA Spring Auction: ends April 21

PEOPLE TO FOLLOW IN THE HOBBY 👥

• Strad: NBA Top Shot and NFL All Day content

• Spurs Cards 21: Box and repack breaker

• Retro Hoop Collectibles: Vintage basketball content

MEME OF THE DAY 🃏