SGC sale price "records"

[swarmee]

SGC has been flooding Facebook with an attempt to show their cards are the most valuable graded cards on the market. Too bad they barely do enough research to confirm it.


PSA 6.5 in May 2017:
https://www.psacard.com/auctionprice...auction/610324

Looks like they've already removed some of their false advertising about selling for the highest from their Facebook page after I responded back that other PSA cards in the same grade have sold for higher in the past. Just didn't happen to be in the search engines they looked in.

Most of the comparisons they're doing are also on thinly traded cards or oddball half grades that don't sell often. And failing to mention that top vintage tobacco cards have doubled or tripled in the past two years.

Advertising their brand is fine, but claiming to "OUT PERFORM ALL THE REST!" while posting pictures of cards that didn't actually do that or don't have a wide enough sales history to be adequately advertised as such is misleading or outright false. SGC, please do better research on these cards before you make your pictographs.

[SetBuilder]

Aren't you supposed to buy the card and not the holder? Are SGC and PSA slabs collectible now?

[GasHouseGang]

Originally Posted by SetBuilder

Aren't you supposed to buy the card and not the holder? Are SGC and PSA slabs collectible now?

Actually yes, the slabs are collectible. Ever since the registry became a way to brag about your collection, the slabs have taken over.

[drcy]

Originally Posted by SetBuilder

Aren't you supposed to buy the card and not the holder? Are SGC and PSA slabs collectible now?

Certainly they are. People resumbit a card just to get a new label.

[Zan]

I hate how everything is about price these days. I had an order at SGC that they wouldn't grade, and the rep told me that "I can just sell them as is". I don't want to sell them, I'm a collector, and why should they assume that I am in it for the money?

FWIW, I greatly prefer SGC over PSA.

[slidekellyslide]

Not that their old slab designs were something to write home about, but their new design is horrific. And my facebook has also been filled with their SPAM. I always click on them though because usually someone has posted a link to disprove their claim and it gives me a little chuckle.

[BobbyVCP]

There claim on this card is correct because the highest PSA 7 sold on 4/11/16 for $4,156.99.

Guess they did not bother to check to see if cards graded lower sold for more...

[pokerplyr80]

Why shouldn't they advertise sales for their graded cards that break records? PSA does the same thing. As do all of the auction houses. What a lower graded card sold for doesn't change the fact that the sale of the 7 broke a record for the highest price paid for a 7.

[Snapolit1]

I like the new slabs.

I don't think their ads are any more deceptive than 1000s of auction house write ups I've seen that breathlessly say "none higher" and stuff like that when what they really mean is none higher for that specific grader.