Interesting question I have to collectors. What type of value do you consider on redemption cards with holes punched in them or stamps on the back from the company?
Some early issued are very rare and difficult to find with stamps on the back, so, is that a consideration to its value or is it just considered a lesser graded card overall?
My feelings are that rarer versions of these cards are quite signifigant in a historical sense as they were handed in with the SP at one time and
the company has rendered these cards used for the promotion.
Most of my Paulins V128-1s are stamped redemption and while I think they are an interesting bit of hockey card history as you mention PSA adds the 'MK' designation to their grade which I'm sure hurts value.
I still like them and Paulin's cards are rare enough that the redemption stamp doesn't affect my purchasing habit at all.
The issues that have holes stamped bug me a little - just a feeling I guess.
The 2 comparable situations are the E98 baseball caramel cards with the "Old Put" overprints and autographed vintage cards. With the 1st scenario, some would consider them marred. However, the market overall considers them quite desirable with a significant premium applied. With the 2nd scenario, I don't think that most people would want their card "X" PSA 10 autographed after the fact. However, historical significance, uniqueness and ultimately something that is a step closer to the athletes we follow (adore, worship, etc.) are more alluring to others. For me, having a few examples of "marked" cards would be great. Given the scarcity of some cards, any example is often times welcomed. However, I'm not sure that I would pay more for such a card. In fact, I would try to talk the seller down from their price.
In your example, having something that was stamped "1924" reminds me that it came from a time when we were between the 2 World Wars, when prohibition was current and when our grandparents were kids. Most of us who collect pre-war cards can appreciate the context of what we collect means.
They put both - 'Stamp Redemption' and the 'MK' designation. The cards are low grade so its not worth the hassle of getting them to fix it - just more PSA nonsense on card issues they don't see much of.
PSA will put "stamp Redemption" on them and not put MK. I should know. I have a whole bunch of them. However, they will notdo that for V145-1's. I've been to the mat with Joe on this and PSA says they can find no evidence that V145-1's were redeemed like they could find with Paulin's. So I won on Paulin's and lost on V145-1's.
The hole punched V145-1 go for nothing. Unlike the George Miller baseball series which was also defaced/damaged the V145-1's are too commom to get a fair price like the Miller cards which go for a premium.
I put scans up of each. My V145-1 redemption stamp is a lepechaun ...not a hole punch with a date stamp.
I picked this up a while ago and thought the stamp on the back would interfere with my like of the card but as I keep looking at the card--the stamp is part of the history of the card and love it even more.
It would seem that the V-145 are very difficult to find punched (although anyone could put a punched hole in one) but the date stamped on the backs are truly hard to find.
Paulins have many, and many different types of stamps too.
AS I see it, these are a great part of the history of the cards and should comman a half decent dollar, especially with a date stamped too.
I don't believe PSA will grade anything with the status of "STAMP REDEMPTION" any card that does have this stamp. As you can see it's a very specific stamp from the Paulin's company.