New SGC grading fees

[Dpeck100]

Originally Posted by conor912

I still don't get it. Do graders spend more time inspecting a $10,000 card than they do a $10 card? If they don't, why does it cost more?

They realize they are handing you money and want a piece of the action. It seems pretty fair to me.

[Kenny Cole]

I had already been on hiatus from submitting to SGC due to a couple of other issues/concerns I had. This is bullsh*t IMO and pretty well cements my transition to PSA. Hope it works out for them, but I won't be contributing.

[bnorth]

Originally Posted by Kenny Cole

I had already been on hiatus from submitting to SGC due to a couple of other issues/concerns I had. This is bullsh*t IMO and pretty well cements my transition to PSA. Hope it works out for them, but I won't be contributing.

What are those issues/concerns?

My grades popped today and 109 of them seemed spot on but 10 of them seemed way off base. I am talking 3 to 4 grades off. Maybe I missed something but I highly doubt it, can't wait to get them back to look at again.

[ngnichols]

Anyone who pays a higher price depending upon what their card is worth is a sucker. The PSA/SGC argument is better than BVG is a crock of crap.

Anyone who knows who's really grading at BGS/BVG knows that Andy Broome does the vintage grading at Beckett and was a senior grader for PSA.

Anyone can go pull out horrible examples/mistakes by each company and use those extremes of why not to utilize that company.

Accuracy AND Consistency is where one should judge each company. The reason Beckett has gotten a bad rap is that they had previously put out they would grade a sheet-cut card so long that it measured up to the measurements set-forth by the card companies.

I would argue that quite a bit of the vintage I've submitted to BVG has been as good or better than PSA examples and has come back with lesser grades.

[Dpeck100]

Originally Posted by ngnichols

Anyone who pays a higher price depending upon what their card is worth is a sucker. The PSA/SGC argument is better than BVG is a crock of crap.

Anyone who knows who's really grading at BGS/BVG knows that Andy Broome does the vintage grading at Beckett and was a senior grader for PSA.

Anyone can go pull out horrible examples/mistakes by each company and use those extremes of why not to utilize that company.

Accuracy AND Consistency is where one should judge each company. The reason Beckett has gotten a bad rap is that they had previously put out they would grade a sheet-cut card so long that it measured up to the measurements set-forth by the card companies.

I would argue that quite a bit of the vintage I've submitted to BVG has been as good or better than PSA examples and has come back with lesser grades.

There is a guy that is active in the hobby who had a 1970 Topps Nolan Ryan bump from a PSA 9 to a PSA 10. A $36,000 increase at the time simply because PSA rendered a different and more favorable opinion. When he got the email or call that they were going to charge his credit card more because the value of the card was higher than what service level it was submitted under you really think the first thing that crossed his mind is man I am sucker. You have to be kidding with this statement.

I don't have any cards in this price range but I promise you this that if I ever send in a card and get contacted by PSA saying I owe them more money, the first thing out of my mouth is going to be Woooooooooooooooo!!!!!!!!

[irv]

Originally Posted by Dpeck100

They realize they are handing you money and want a piece of the action. It seems pretty fair to me.

I disagree. There is no way a TPG should be charging more to grade a card just because it is worth more. Why should they benefit from your good fortune?

Imo, they should just be glad you chose them as the TPG of choice and not someone else. They also receive free advertising, which, of course, equals more sales, more $$$, when these cards come up for auction.

To me, it's like if you happened upon a $1000 dollar card that you got for a $100, then the next guys says, I will give you $150 because you only paid $100 for it yourself.

[Leon]

It has been done for years.

Go get a coin graded by PCGS and this is their top tier..$250 + 1% of value ..A 2 million dollar coin would be $20,250 to grade....


SERVICE MAXIMUM
COIN VALUE ESTIMATED TURNAROUND
(BUSINESS DAYS) PRICE
RARITIES None** 2 - 5 days $250 + 1%*
WALKTHROUGH $100,000** 2 days $125
EXPRESS $20,000 5 days $60
REGULAR $3,000 15 days $32
ECONOMY(Non-Gold, Non-Hammered)
(Pre-1932 Chinese and Pre-1925 Russian coins must be submitted at the Regular Service level or higher.) $300 20 - 30 days $20
MODERN (1965 to date) $1,000 20 - 30 days $16
MINT ERRORS $20,000 25 - 35 days $60
SPECIAL ISSUES (U.S. - Colonials, Fractional Gold, Patterns, Territorials) $20,000 25 - 35 days $60
GUARANTEE RESUBMISSION
(Charge refunded if coin downgrades) None up to 60 days $25
REHOLDER None** 5 days $12
SHOW SERVICES
SHOW RARITY None** 4 hours $250 + 1%*
SHOW EXPRESS $100,000** 4 hours $250
SHOW $100,000** End of Show $125
SHOW ECONOMY (5-coin min.) $3,000 End of Show $65
SHOW GOLD (U.S. Gold only-10-coin min.) $3,000 End of Show $45
SHOW REHOLDER None** End of Show $12

Originally Posted by irv

I disagree. There is no way a TPG should be charging more to grade a card just because it is worth more. Why should they benefit from your good fortune?

Imo, they should just be glad you chose them as the TPG of choice and not someone else. They also receive free advertising, which, of course, equals more sales, more $$$, when these cards come up for auction.

To me, it's like if you happened upon a $1000 dollar card that you got for a $100, then the next guys says, I will give you $150 because you only paid $100 for it yourself.

[ngnichols]

Originally Posted by Dpeck100

There is a guy that is active in the hobby who had a 1970 Topps Nolan Ryan bump from a PSA 9 to a PSA 10. A $36,000 increase at the time simply because PSA rendered a different and more favorable opinion. When he got the email or call that they were going to charge his credit card more because the value of the card was higher than what service level it was submitted under you really think the first thing that crossed his mind is man I am sucker. You have to be kidding with this statement.

I don't have any cards in this price range but I promise you this that if I ever send in a card and get contacted by PSA saying I owe them more money, the first thing out of my mouth is going to be Woooooooooooooooo!!!!!!!!

That right there is a joke in-itself. They not only admitted to not correctly grading the card the first time, but double-dipped on him grading fee wise. Did the card magically get better during it's time away from PSA? C'mon.

The value of PSA cards are vastly over-inflated and are not even remotely superior in quality to anyone else's grading. The main reasons you have the demand you have is their set registry, they are a publicly traded company, and they do coins. Unfortunately none of those things actually has a direct correlation to my cards being graded in a more accurate manner or being of a better quality than another grade from another company. It's a case by case basis and if I am a true collector (I'm not) then I'd want to individually inspect any card I'm buying before I buy it no matter what holder or grade is on it. I wouldn't just blindly buy something in a PSA holder just because.

[irv]

Originally Posted by ngnichols

That right there is a joke in-itself. They not only admitted to not correctly grading the card the first time, but double-dipped on him grading fee wise. Did the card magically get better during it's time away from PSA? C'mon.

The value of PSA cards are vastly over-inflated and are not even remotely superior in quality to anyone else's grading. The main reasons you have the demand you have is their set registry, they are a publicly traded company, and they do coins. Unfortunately none of those things actually has a direct correlation to my cards being graded in a more accurate manner or being of a better quality than another grade from another company. It's a case by case basis and if I am a true collector (I'm not) then I'd want to individually inspect any card I'm buying before I buy it no matter what holder or grade is on it. I wouldn't just blindly buy something in a PSA holder just because.

The worse one, that I have heard of, was a member on here who resubmitted a PSA 4 that came back a 7!

I could, maybe, understand a 1 grade bump, but a 3 grade bump is something that should never happen, imo.

As someone told me once on here, PSA really means, Please Submit Again.

[Section103]

Originally Posted by Dpeck100

There is a guy that is active in the hobby who had a 1970 Topps Nolan Ryan bump from a PSA 9 to a PSA 10. A $36,000 increase at the time simply because PSA rendered a different and more favorable opinion. When he got the email or call that they were going to charge his credit card more because the value of the card was higher than what service level it was submitted under you really think the first thing that crossed his mind is man I am sucker. You have to be kidding with this statement.

I don't have any cards in this price range but I promise you this that if I ever send in a card and get contacted by PSA saying I owe them more money, the first thing out of my mouth is going to be Woooooooooooooooo!!!!!!!!

Everybody in the hobby will turn a blind eye to this because so many chase grades and because - hey, we can be the beneficiary as well - but ultimately the situation you just described is a text book definition of conflict of interest.

[Dpeck100]

Originally Posted by Section103

Everybody in the hobby will turn a blind eye to this because so many chase grades and because - hey, we can be the beneficiary as well - but ultimately the situation you just described is a text book definition of conflict of interest.

Please elaborate. The person I am referencing is just a collector who was fortunate enough to buy a card they felt was under graded and paid money to have PSA look at it again. It worked out in this case. There are plenty of cards that get sent in and returned with the money kept.

[conor912]

Originally Posted by Dpeck100

They realize they are handing you money and want a piece of the action. It seems pretty fair to me.

Ha. Wow. That would be like putting an addition onto your house and your contractor wanting a cut of the value the addition just added.

[Exhibitman]

Just never get cheated...

I bought this in a 2 holder, cracked and resubbed:

[irv]

Originally Posted by conor912

Ha. Wow. That would be like putting an addition onto your house and your contractor wanting a cut of the value the addition just added.

That's a much better example than the one I used to try to get the point across!

Originally Posted by Exhibitman

Just never get cheated...

I bought this in a 2 holder, cracked and resubbed:

WOW!

I am curious what would/would have happened if you left that card slabbed?

Would have another TPG or Joe himself, asked the previous TPG what he was thinking or would the card remain a 2 as to not admit they screwed up?

[bnorth]

Originally Posted by conor912

Ha. Wow. That would be like putting an addition onto your house and your contractor wanting a cut of the value the addition just added.

To be fully honest as a contractor for 20 years. We didn't want a cut of your addition. We did charge you more for the SAME EXACT addition if you have a 800K house compare to a 300K house.

[irv]

Originally Posted by bnorth

To be fully honest as a contractor for 20 years. We didn't want a cut of your addition. We did charge you more for the SAME EXACT addition if you have a 800K house compare to a 300K house.

Is that a typo where you meant to say "We didn't" or did you purposely charge more because you knew the people with the $800,000 dollar house likely had more money?

[bnorth]

Originally Posted by irv

Is that a typo where you meant to say "We didn't" or did you purposely charge more because you knew the people with the $800,000 dollar house likely had more money?

I 100% guarantee the nicer/more expensive your house is the more you will pay a contractor for the same exact work. No none of them are going to admit to it but that is how it really works.

[irv]

Originally Posted by bnorth

I 100% guarantee the nicer/more expensive your house is the more you will pay a contractor for the same exact work. No none of them are going to admit to it but that is how it really works.

I'm sure it goes on, but what would happen if the owners of the bigger house knew the owners of the smaller house and knew what they paid?

I am sure that happens too, and may explain why so many of these contractors eventually go out of business?

[bnorth]

Originally Posted by irv

I'm sure it goes on, but what would happen if the owners of the bigger house knew the owners of the smaller house and knew what they paid?

I am sure that happens too, and may explain why so many of these contractors eventually go out of business?

Actually that is funny, most contractors go out of business because they suck at one of the many aspects of running a business.

There are many good reasons the owner of the more expensive house is paying more for the same exact thing.

If interested Dale I can explain it to you in a PM because I can guarantee people with $ will not understand and will be offended.