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  #1  
Old 03-01-2024, 11:02 PM
Directly Directly is offline
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Default Future SGC card Value

Will SGC cards loose their value, will buyers even want the SGC graded cards or offer pennies on the dollar? -will future SGC submissions cease to exist, is this the ultimate plan -?? confused in the Show Me State.

Last edited by Directly; 03-01-2024 at 11:26 PM.
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  #2  
Old 03-02-2024, 08:01 AM
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Quote:
Originally Posted by Directly View Post
Will SGC cards loose their value, will buyers even want the SGC graded cards or offer pennies on the dollar? -will future SGC submissions cease to exist, is this the ultimate plan -?? confused in the Show Me State.
No, SGC cards won't lose their value and be valued at pennies on the dollar. It's not like this company went out of business or did something terrible. They were purchased. Those with SGC cards don't need to panic. It's still about the cards, not the holders they might be in. Relax and enjoy the cards.
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  #3  
Old 03-02-2024, 09:00 AM
EddieP EddieP is offline
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SGC slabs will be worthless . Anyone with a Ruth or Jackson in an SGC slab, I’ll be willing to help you cut your loss by buying your cards
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  #4  
Old 03-02-2024, 09:58 AM
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Agreed. These and everything else in SGC slabs are worthless!!

No seriously, the cards are still the cards and SGC’s reputation is still the best for grading prewar baseball. As mentioned, they aren’t going out of business and they haven’t done anything wrong to tarnish their work/reputation. Time will tell what becomes of SGC. If SGC is eventually closed down, for those who need a flip (like me), I expect PSA will cross all cards, likely at a discount, but upon review. Honestly, If prices on SGC cards plummet, I am a buyer.
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  #5  
Old 03-02-2024, 10:13 AM
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Totally agree Ryan. The cards are still the cards in reputable slabs, and if they're crossed down the road so be it.

Lots of negative noise going on over this, for no reason in my opinion!

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  #6  
Old 03-02-2024, 10:37 AM
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I hope you guys are right, as my prewar is about 50 50, but I fear the scenario where SGC values eventually drop substantially and at least the older graded cards cross at a grade lower in part because standards are higher and in part because that's how PSA does things. I imagine for people who are active submitters this is a dilemma too because apparently for many people it's impossible to get fair grades out of PSA now, but submitting to SGC may not be prudent going forward.
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Last edited by Peter_Spaeth; 03-02-2024 at 10:40 AM.
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  #7  
Old 03-02-2024, 11:06 AM
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Am I going crazy, or did I see something in the last week or so about Fanatics looking to dump Goldin?
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Last edited by conor912; 03-02-2024 at 01:08 PM.
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  #8  
Old 03-02-2024, 11:09 AM
JamesGallo JamesGallo is offline
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Default In trouble

For the people that think SGC cards wont drop in value i think your nuts. Maybe if the company stays that maybe true but without the confidence that they wont just close tomorrow there will always be that in the back of my head. Also tons of cards have been rejected by psa only to be slabbed by sgc. So these cards should never cross assuming the standards stay the same. That sgc 4 becomes a PSA minimum size and your losing a ton of value.

In the end i agree nothing i can do but ride it out, but i wont be subbing to sgc anymore and will only buy a card if i dont care about the grade.

CGC is doing a ton with TCG cards and i do not think they will gain much traction until they make a lot of improvements. The green label was a horrible choice, so the move was good but i dont like the all black either.

I have a lot of value in SGC slabs and long term i do think it could be a problem…

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  #9  
Old 03-02-2024, 09:07 PM
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Quote:
Originally Posted by 3-2-count View Post
Totally agree Ryan. The cards are still the cards in reputable slabs, and if they're crossed down the road so be it.



Lots of negative noise going on over this, for no reason in my opinion!



Agreed
And that Plank looks good in a tux

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  #10  
Old 03-02-2024, 10:17 PM
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Quote:
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Agreed
And that Plank looks good in a tux

Sent from my SM-G998U using Tapatalk
Thanks buddy!
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