CSG/CGC is awesome

[Peter_Spaeth]

Just auctioned a CSG 9 SP Billy Wagner RC. Ended at $18. Last PSA 9 sold for 145. Obviously a highly valued slab and flip.

[bnorth]

Originally Posted by Peter_Spaeth

Just auctioned a CSG 9 SP Billy Wagner RC. Ended at $18. Last PSA 9 sold for 145. Obviously a highly valued slab and flip.

Ouch! On the bright side your sellers fees are way less.

[swarmee]

I would think this is fairly obvious. The only reason the card has any value is the PSA Set Registry for HOF RCs. There is no demand for ungraded or non PSA-graded cards of him.

[Republicaninmass]

Originally Posted by bnorth

Ouch! On the bright side your sellers fees are way less.

Grading fees as well! Do they offer an expedited service?

[ALR-bishop]

Peter---you should not have given up on Billy so soon

[Peter_Spaeth]

Originally Posted by swarmee

I would think this is fairly obvious. The only reason the card has any value is the PSA Set Registry for HOF RCs. There is no demand for ungraded or non PSA-graded cards of him.

There is a thread on Blowout about absolutely abominable prices on CSG/CGC. This is not a one off thing.

[raulus]

Sounds like a real kick in the shins.

Not real surprising considering they’re still relatively new, and the market doesn’t seem like it’s ready to accept their stuff just yet. That could always change in the future, but they don’t seem to be there yet.

In some ways, it’s a chicken/egg thing, because people won’t want to get their stuff graded there until the slabs are valued by the market, yet the market won’t buy in unless they’re more popular, and there’s a positive trend to get the party started.

I suspect the discount would have been smaller on mid grade stuff, particularly outside of a rookie card.