SGC Registry � Why isn�t there one?

G1911 · #1 03-22-2023, 07:46 PM

Quote:

Originally Posted by Peter_Spaeth

Well, there is this:
3. Customer acknowledges and agrees that SGC�s owners and employees shall be permitted to submit items for grading and/or authentication without limitation. Furthermore, SGC�s owners and employees may buy, sell, and trade SGC authenticated or graded items without limitation.

Not exactly third party grading.

That's why I didn't call them third party

. I have little but contempt for the circus of incompetence and almost open corruption plaguing both these firms. But nobody cares about ethics or collecting when there is $$$$ to be made, and so all is forgotten, swept under the rug, and a handful of us shake our fist at the sky.

The holders often present well and I would maybe consider them if they just sold the holders, but as is every graded card I get I liberate and I have never submitted a single card, nor will I.

Peter_Spaeth · #2 03-22-2023, 07:50 PM

Quote:

Originally Posted by G1911

That's why I didn't call them third party

. I have little but contempt for the circus of incompetence and almost open corruption plaguing both these firms. But nobody cares about ethics or collecting when there is $$$$ to be made, and so all is forgotten, swept under the rug, and a handful of us shake our fist at the sky.

The holders often present well and I would maybe consider them if they just sold the holders, but as is every graded card I get I liberate and I have never submitted a single card, nor will I.

IMO it's a pretty blatant conflict of interest but you're right nobody cares. Nor does anyone care that they went to random certs, not even PSA has done that. Or that they eliminated the guarantee. Just get those cards back on time and I'm good.

ClementeFanOh · #3 03-22-2023, 08:24 PM

Lorewalker- No more false friendliness, eh? Whatever. I'm sure you're
a real sweetheart in person yourself. One thing I am capable of doing,
however, is staying on point. There was nothing provocative at all about
my original response, it was 2 suggestions directly in line with the original
question. You replied with snark, then lashed out when I didn't back off.
Typical attitude, attention span, and value of contribution! Trent King

Lorewalker · #4 03-22-2023, 10:02 PM

Quote:

Originally Posted by ClementeFanOh

Lorewalker- No more false friendliness, eh? Whatever. I'm sure you're
a real sweetheart in person yourself. One thing I am capable of doing,
however, is staying on point. There was nothing provocative at all about
my original response, it was 2 suggestions directly in line with the original
question. You replied with snark, then lashed out when I didn't back off.
Typical attitude, attention span, and value of contribution! Trent King

I only commented on your post. If that was snark I would say you are wound too tight but that is obvious with each of your posts. You are predictably angry in every post you make. Shame too because you make valid points at times which are lost due to the tude.

Bigdaddy · #5 03-22-2023, 10:05 PM

So I did a little math just to see how many cards were reflected in the registry for a given set. I chose the 1956 Topps baseball set to crunch the numbers.

In total, PSA has graded 345,673 1956 Topps baseball cards. In the 1956 set registry, there are 51,644 cards from 335 folks. Lets say there are another 10% reflected in player, HOF, team, etc. sets. That would give us 56,808 cards. So roughly 16% of the 1956 cards that PSA has graded are attached to the registry.

Is 16% a big number? Big enough to make much of a $$ difference to PSA? Big enough for SGC to invest in the software development and maintenance to create it's own registry? I would bet that the average grade of those 16% of cards is higher than the average grade of the total number graded. And we know the TPGs make more $$ grading higher value cards than lower ones. The registry also incentivizes re-submissions looking for a grade bump. Hard to quantify what the $$ impact to PSA's bottom line the registry represents, but its not hard to see that it is integral to their overall business model.

G1911 · #6 03-22-2023, 09:30 PM

Quote:

Originally Posted by Peter_Spaeth

IMO it's a pretty blatant conflict of interest but you're right nobody cares. Nor does anyone care that they went to random certs, not even PSA has done that. Or that they eliminated the guarantee. Just get those cards back on time and I'm good.

Everything is fine. There's no issue with conflicts of interest. Or switching to random certs once people started using certs to ID patterns in submitters and find more altered cards. Or shutting down their auto business after that completely fake Marquard fiasco. Or eliminating the guarantee because they have approved so much crap. There's no problem, stop questioning the basis for peoples investments. Money printer go brrrrrr

Peter_Spaeth · #7 03-22-2023, 09:46 PM

Quote:

Originally Posted by G1911

Everything is fine. There's no issue with conflicts of interest. Or switching to random certs once people started using certs to ID patterns in submitters and find more altered cards. Or shutting down their auto business after that completely fake Marquard fiasco. Or eliminating the guarantee because they have approved so much crap. There's no problem, stop questioning the basis for peoples investments. Money printer go brrrrrr

If the trains run on time, the government can get away with a hell of a lot. Because that's what matters to people.

Lorewalker · #8 03-22-2023, 10:04 PM

Quote:

Originally Posted by Peter_Spaeth

IMO it's a pretty blatant conflict of interest but you're right nobody cares. Nor does anyone care that they went to random certs, not even PSA has done that. Or that they eliminated the guarantee. Just get those cards back on time and I'm good.

PSA is knee deep in conflicts of interest too. Hard to know between SGC and PSA which is more compromised. Very hard to support either one, presently.

Peter_Spaeth · #9 03-22-2023, 10:12 PM

Quote:

Originally Posted by Lorewalker

PSA is knee deep in conflicts of interest too. Hard to know between SGC and PSA which is more compromised. Very hard to support either one, presently.

Yes but not as blatant as the owner being a card dealer apparently grading his own cards.

Lorewalker · #10 03-22-2023, 10:40 PM

Quote:

Originally Posted by Peter_Spaeth

Yes but not as blatant as the owner being a card dealer apparently grading his own cards.

Well if it does not bother Trent King then it should not bother you.

Well it is not a good look. I will give you that. I read someplace that Nat moved his office space into the grading room at PSA. Judging by some of the grades he gets, based on his posts in social media, he may as well be grading his own too.

G1911 · #11 03-22-2023, 10:50 PM

Quote:

Originally Posted by Lorewalker

Well if it does not bother Trent King then it should not bother you.

Well it is not a good look. I will give you that. I read someplace that Nat moved his office space into the grading room at PSA. Judging by some of the grades he gets, based on his posts in social media, he may as well be grading his own too.

Why not grade his own? It could come out with incontrovertible video evidence that PSA was stealing 10% of cards submitted to them and half the submitters would keep submitting anyways. When there�s no incentive not to be corrupt, things tend to get really dirty.

Lorewalker · #12 03-22-2023, 11:21 PM

Quote:

Originally Posted by G1911

Why not grade his own? It could come out with incontrovertible video evidence that PSA was stealing 10% of cards submitted to them and half the submitters would keep submitting anyways. When there�s no incentive not to be corrupt, things tend to get really dirty.

Well there has yet to be any consequences to the most egregious of offenders of fraud in the hobby. So I would agree that the corruption is not just going to stop because that would be the right thing to do. The hobby was dirty many years ago. Now it is filthy.

Aquarian Sports Cards · #13 03-23-2023, 06:56 AM

Quote:

Originally Posted by Peter_Spaeth

Yes but not as blatant as the owner being a card dealer apparently grading his own cards.

I dunno about that one. The same ownership group owning the grading company and one of the largest auction companies in the hobby seems to be a more dangerous combination in terms of volume and impact.

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