SGC Going Away?

[Snowman]

Originally Posted by perezfan

You DO realize that if PSA is left without a viable competitor, they will have absolutely no incentive to perform. Their wait times will get even longer, their prices will escalate even higher, their inconsistency will get even worse, and their dreadful customer service will become non-existent. I'd also bet that we'll see even more crumpled baggies instead of slabs that actually fit the card.

If a monopolistic company has no viable competition, there are no checks and balances to keep them honest. Not good for the hobby (errrr, business), and while it may be good for Collectors (the company), it would be a disaster for collectors of the human variety.

So this is not something that even the most diehard PSA Apologist should celebrate. Things would be worse for everyone.

We're already past that point though. The reason SGC, CGC, and now MBA are all growing quickly is precisely because of how incompetent PSA has become.

[bk400]

Originally Posted by Snowman

We're already past that point though. The reason SGC, CGC, and now MBA are all growing quickly is precisely because of how incompetent PSA has become.

I'm long CGC. They have the heritage grading other things well for a long time; stable, deep pocketed ownership; and from my perspective, very competent on the technical side of grading.

Do they market themselves well, perhaps not. But if the goal is to buy a card and trust the grading, I think CGC is right there.

[aconte]

Originally Posted by bk400

I'm long CGC. They have the heritage grading other things well for a long time; stable, deep pocketed ownership; and from my perspective, very competent on the technical side of grading.

Do they market themselves well, perhaps not. But if the goal is to buy a card and trust the grading, I think CGC is right there.

What will being long for CGC get you? The answer imho is the same as where
we are right now with SGC. They have been around for 20-25 years and we
are at a point where their future is being questioned and may be in doubt in
their current form. Because of this, the long term concern of value for the cards left in the SGC holder has the potential to slide.

CGC has been around a short time grading cards and don't have a
strong brand following for their graded cards. Their a long way from being
considered an industry option.

It's all a joke. Just buy the card and forget the rest.

[ullmandds]

Originally Posted by bk400

I'm long CGC. They have the heritage grading other things well for a long time; stable, deep pocketed ownership; and from my perspective, very competent on the technical side of grading.

Do they market themselves well, perhaps not. But if the goal is to buy a card and trust the grading, I think CGC is right there.

i agree!

[4815162342]

Originally Posted by bk400

I'm long CGC. They have the heritage grading other things well for a long time; stable, deep pocketed ownership; and from my perspective, very competent on the technical side of grading.

Do they market themselves well, perhaps not. But if the goal is to buy a card and trust the grading, I think CGC is right there.

Was this CGC mystery ever solved?

[bcbgcbrcb]

Not soon enough are they going away! I will be going away from them immediately however. Stay tuned, more to follow.

[OhioLawyerF5]

What difference does it make if it's public or private? The same business principles apply. You don't kill a profitable business you own, private or public. Especially when that 2nd business is holding off the competition from gaining market traction.

[Lorewalker]

Originally Posted by OhioLawyerF5

What difference does it make if it's public or private? The same business principles apply. You don't kill a profitable business you own, private or public. Especially when that 2nd business is holding off the competition from gaining market traction.

My post was for accuracy since the statements made were not correct. Accuracy has always seemed to matter to you in all of the threads you have posted.

Anyway, how do we know that SGC is profitable for Collectors? I am not saying they are not but just not something that we are privy to. As long as competition cannot get SGC, absent Collectors selling it to them, it is Collectors brand to do with what they want. The net result is the same.

[Peter_Spaeth]

It isn't even a question of whether SGC is profitable. It's a question whether the overall enterprise would be more or less profitable with a single brand. And we have no idea without inside information about revenues, costs, projections, redundancies, etc. (which only Travis has LOL).

[OhioLawyerF5]

Originally Posted by Peter_Spaeth

It isn't even a question of whether SGC is profitable. It's a question whether the overall enterprise would be more or less profitable with a single brand. And we have no idea without inside information about revenues, costs, projections, redundancies, etc. (which only Travis has LOL).

We might not have the specific numbers, but we can get a pretty good idea based on business and market knowledge. There is very little chance that SGC is not profitable, and there is very little chance that PSA would be more profitable with SGC gone and other companies getting some portion of SGC's market share, versus PSA and SGC both operating in the space. Sure, we are all speculating on the actual numbers. But I find it hard to defend the suggestion that Collectors would benefit in any way from SGC being gone.

[Neal]

Originally Posted by OhioLawyerF5

We might not have the specific numbers, but we can get a pretty good idea based on business and market knowledge. There is very little chance that SGC is not profitable, and there is very little chance that PSA would be more profitable with SGC gone and other companies getting some portion of SGC's market share, versus PSA and SGC both operating in the space. Sure, we are all speculating on the actual numbers. But I find it hard to defend the suggestion that Collectors would benefit in any way from SGC being gone.

Agreed
Giving submitters a choice helps prevent other TPGs from gaining market share. Eliminating the choice would GUARANTEE that some percentage of collectors would look elsewhere or not at all.

I'm sure some culture moves may take place but I don't see the SGC slab becoming extinct.



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[theshowandme]

I agree with the Lawyer

It would be dumb to kill of SGC

[toledo_mudhen]

Originally Posted by theshowandme

I agree with the Lawyer

1. Always agree with Lawyers (they know stuff)

2. Over 150 posts to this thread (whowouldaguessed)