Quote:
Originally Posted by Snapolit1
Isn't it amazing how much mystery and fog surrounds what these grading companies do, to the point that really knowledgeable people on this board who have been collecting for years don't understand exactly how these guys grade. Incredible. Great business model they've built.
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Judging by CLCT's stock performance and PSA's market dominance I would say it is a pretty good business model.
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Four phrases I nave coined that sum up today's hobby:
No consequences.
Stuff trumps all.
The flip is the commoodity.
Animal Farm grading.
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