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Old Yesterday, 08:01 PM
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Geoff Bedine
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Join Date: Jun 2024
Location: Kansas City, MO
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Quote:
Originally Posted by perezfan View Post
Regarding the part in bold.... Yes, that is beyond obvious at this point. Add to that, they have removed SGC from ALL Regional Shows, thus making it much more difficult (and riskier) to submit to SGC.

And they are not going to retain the bulk of SGC customers, should they decide to disband them. SGC's customer base has made a conscious decision not to use PSA for too many reasons to list. As it stands currently, only about 1/3 of PSA's business is in sports cards. The other 2/3 is TCG. Pretty ironic, considering their name is "Professional Sportscard Authenticators".

PSA has completely lost the ability to evaluate and grade vintage cards. Their grades are a complete joke. SGC is at least more consistent. My understanding is that PSA has so many new graders who spend the majority of their time grading TCG and don’t even care about sports cards (as graders have the ability to pick their own stacks of cards). They hate grading vintage because it is more time consuming than modern or TCG.

Unfortunately, there really isn’t another grading company that retains value like PSA or SGC. As a result, my guess is that as much as most of us hate PSA, we will be forced to go to PSA if SGC were to fold or be sucked up into the PSA umbrella.

CSG and CGC are starting to gain steam with some of the auction houses due to their fast turn around times and cheap prices but as a seller and dealer, I can tell you that when I buy their slabs those cards tend to sit and if I do sell them then its for significantly less than what PSA and SGC sell for.

Beckett and MBA grading are also tougher sells and Beckett does such a horrible job at encapsulating.

Hopefully someone will step up or there will be a desire to spin off or sell the SGC brand for whatever value it has instead of simply killing it.


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