SGC is Riding the Wave

[JollyElm]

Anyone else notice the big upsurge in the number of SGC cards appearing on eBay these days? All of my searches (basically 1960s-70s stuff) are full of newly graded SGC tuxedo slabs. It seems everyone is taking advantage of the snap-of-a-finger turnaround times to get their cards quickly into the marketplace.

It is an interesting trade-off. Make less of a profit than what the same card in a PSA slab would bring you (that's a basic rule of thumb, your mileage may vary), but you make the money now (because SGC gets 'em back to you in the blink of an eye) and not in a year after PSA finally decides to return your cards. Perhaps this could be the first step in SGC sold prices moving a bit closer to PSA's? Time will tell.

For the record, I have no affiliation with any grading company.

[Jay Wolt]

Originally Posted by JollyElm

SGC gets 'em back to you in the blink of an eye) and not in a year after PSA finally decides to return your cards..[/I]

PSA is caught up from the delay & my last batch (modern) took about a month or so to get graded.

[NYYFan63]

Originally Posted by Jay Wolt

PSA is caught up from the delay & my last batch (modern) took about a month or so to get graded.

Good to know. Thanks for sharing.


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[Lucas00]

Like many threads made about psa and sgc. The biggest reason always mentioned by people about sgcs big rise lately is they crush psa in terms of presentation. The "new" sgc slabs are phenomenal and built for presentation. And I think more people than ever are displaying their cards and want that slick and professional look. And psa just doesn't bring that same quality look in comparison. It's just science, when you have a black border on anything, whatever is on (or around) that border will always pop better than something that is clear.

Also always mentioned is the registry. It is in my opinion 99.9999% of the reason psa sells for more. Even though lately in my personal experience trying to get some really high grade PC cards, sgc is bringing extremely strong prices compared to psa in equal grades. And in many cases higher prices. I think this is in large part due to sgc grading unfathomably harsh. When you get a new label sgc 8 and cross it over to psa you know damn well you're getting an 8 with psa and maybe even a 9. But the opposite situation you are praying it crosses over the same grade.

I know psa is still dominating the lower grade space and the common space. But If sgc finally creates this registry that's been rumored for years now I think the tide could sway dramatically. But as they sit, their website is extremely slow and not user friendly at all. And the registry is nowhere in sight. They don't even have an app to scan and lookup certs.

[Peter_Spaeth]

Interesting, I am not seeing SGC prices matching PSA at all. Quite to the contrary, it seems there is a steep SGC discount still at least post war and especially modern, although I don't spend a lot of time studying it.

[Lucas00]

Originally Posted by Peter_Spaeth

Interesting, I am not seeing SGC prices matching PSA at all. Quite to the contrary, it seems there is a steep SGC discount still at least post war and especially modern, although I don't spend a lot of time studying it.

If you are referring to my post Peter, it is Only in reference to vintage pre 1970 (usually pre 1960 actually) baseball. Shoulda said that.

[Peter_Spaeth]

Originally Posted by Lucas00

If you are referring to my post Peter, it is Only in reference to vintage pre 1970 (usually pre 1960 actually) baseball. Shoulda said that.

Ah OK if I missed that sorry.

[Johnny630]

SGC would be much higher on the wave if they had shown up and graded at the National….missing two years in a row was a misstep. Can we get a legit QR Code/Slab and registry that is legitimate?

[1952boyntoncollector]

Originally Posted by Peter_Spaeth

Interesting, I am not seeing SGC prices matching PSA at all. Quite to the contrary, it seems there is a steep SGC discount still at least post war and especially modern, although I don't spend a lot of time studying it.

Agreed

[NYYFan63]

I’m not seeing SGC getting higher prices compared to PSA slabs for pre-war. I do see more pre-war in SGC slabs compared to PSA, which may be why PSA warrants higher prices.


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[JustinD]

I don't see any equalization or rise in SGC values of late. That said submissions have increased since September and their percentage of ultra-modern submissions has exceeded any and all other areas. The ultra-modern rise seems surprising when I see the resale of those at a vast pricing difference to PSA. I think it's all pricing differences and PSA over valuing everything in their pricing structure by using older comps. The 1500 and under flat rate is a huge draw to new submitters in my mind. They also do not upcharge for post-2000 cards, which is again a wise move to fuel modern growth. Grading honestly sucks, its a complete waste for non-resellers or flippers when I can buy more cards or buy plastic cases. I pick cards every time.

Here is a nice breakdown of recent trends done by the Cardlines folks. I would imagine the December numbers should be out soon.

https://www.cardlines.com/sports-car...november-2022/

[parkplace33]

[QUOTE=NYYFan63;2300431]I’m not seeing SGC getting higher prices compared to PSA slabs for pre-war. I do see more pre-war in SGC slabs compared to PSA, which may be why PSA warrants higher prices.


Totally agree with this. SCG has found a niche with vintage, but I am not seeing the resell value reflecting that. Maybe in 2023?

[Rich Klein]

Subscribe to this blog and learn quite a bit about the details of what is getting graded

https://www.gemrate.com/blog

Regards
Rich

[BobbyStrawberry]

Originally Posted by Rich Klein

Subscribe to this blog and learn quite a bit about the details of what is getting graded

https://www.gemrate.com/blog

Regards
Rich

Thanks, Rich !

[Yoda]

I think SGC received a boost by grading the 9.5 '52 Topps Mantle accompanied by Alan Rosen's testimonial. It got a lot of free press on UTube and was one of the highlights of last years's National.