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Old 06-14-2022, 11:58 AM
BobC BobC is offline
Bob C.
 
Join Date: Apr 2009
Location: Ohio
Posts: 3,275
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Quote:
Originally Posted by BillyCox3 View Post
By all means, that was the reason for its construction. Why else would eBay truly care about this unless there was something in it for them?

I think the real question is in how viable/practical it will be for them to continue doing this. There's just no way there are enough people at the two authentication companies to handle this, and you can't simply hire anybody off the street to do the work. While what little these companies are doing in this process seems very basic to many of us, there is still a fair amount of knowledge required to do it. I predict they will be biting off far more than they can chew. It's going to backfire splendidly for them. They will of course ultimately keep some scaled-down version of this program, but it will be optional as opposed to mandatory.

I would love to know the inner workings of why eBay would choose a company that's so fresh to do this "authentication" work, other than they obviously have far more free time on their hands than PSA. I would have to assume that one, if not two of the other major players were approached and would be very interested to know why one of them isn't handling the $250-750 material. This would have been much more sensible to me. Maybe they saw the impracticalities of the program or wanted too much to do it. The new guys would naturally be chomping at the bit to have their brand sent out all over the country. Logic would dictate that they couldn't afford to be undersold. Additionally, there truly aren't many alternatives for eBay to choose from.

As noted earlier, I'm an autograph guy, not a card guy (at least the unsigned versions), so have not been paying much attention to this company. I do gather that they've already managed to assemble camps of devotees and detractors in their brief period of existence. It's also been extremely rare for me to spend a dime on authentication of any sort. You can still get by without it as both a collector and a dealer, regardless of what others will have you believe.
CSG may be "fresh" to card grading, but not to collectibles grading. Look up their parent company, Certified Collectibles Group (CCG). They have money, business smarts, and experience backing them. They also, if I understand correctly, currently charge a much more reasonable fee for their typical grading service than other TPGs, and their turnarounds times from what I've heard others occasionally posting about here on the forum seem to always meet (if not actually be faster than) their posted deadlines. They likely made a sweetheart deal with Ebay at some flat, fixed rate, that other TPGs either wouldn't, or couldn't.

CSG likely has their ultimate sights set on taking over as the perceived top card TPG from PSA. They have the backing, connections, and wherewithal to be in this TPG game long-term. For example, one of the big investors in the CCG parent company is Michael Zubin, founder and executive chairman of Fanatics. Fanatics ownership also includes to my knowledge the NBA, NFL, NHL, and MLB, as well as the player's unions/organizations for all four sports leagues as well. And if you remember, Fanatics has apparently taken over the future card licensing rights for the teams and players of these four major sports leagues as well. And this development caused Topps scheduled billion dollar IPO bid to be shot down in flames last year, and subsequently led to Fanatics then buying Topps for half of their expected IPO price. I think all of that is not a series of unrelated coincidences, and the ownership in CSG by Fanatics founder is a definite connection to eventually be further exploited by the parties involved. What they do next, and going forward, will be interesting.
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