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Originally Posted by perezfan
Mystifies me as well. The worse they perform, the greater the demand. Interesting business model.
I'm so thankful my collecting interests are not contingent upon this company's "blessing".
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I'd suggest that it's more like, "the more money people make from grading their cards, the greater the demand."
When folks were making even more than usual by grading cards due to the increase in interest in the hobby this Spring, that led to an astronomical increase in submissions.
To each their own. 95% of my purchases are in the final form I want it -- either pre-graded or raw. But I also accumulate raw cards that will do well via TPG.
Tracking my own submissions, a historical return of 450% against costs is really hard to ignore. It allows me to increase value of my collection for those cards I hold, and generate funds for other purchases for those cards I don't want to keep. That is really valuable to those of us actively growing our collections. The wait times are what they are due to demand, as are the costs of grading.
There is no sense hating this game, even if the TPG players are typical greedy and intermittently unscrupulous corporations. Find me one that isn't
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