Collectors (PSA) Acquired SGC

Peter_Spaeth · #1 03-02-2024, 10:11 PM

I plead very guilty to cynicism and skepticism especially in this hobby, but when the dominant market player acquires essentially the only remaining competitor in the vintage market, and people are trying to put a positive spin on it, no thanks.

Lorewalker · #2 03-02-2024, 10:37 PM

Quote:

Originally Posted by Peter_Spaeth

I plead very guilty to cynicism and skepticism especially in this hobby, but when the dominant market player acquires essentially the only remaining competitor in the vintage market, and people are trying to put a positive spin on it, no thanks.

Hmmm...that does not sound like optimism, anguish or jealousy.

This deal meets the definition of big business and in big business we all know where the common man is. Call me a moron but I cannot see how Collectors could give any assurances or comfort to those holding SGC cards.

Peter_Spaeth · #3 03-02-2024, 10:50 PM

Quote:

Originally Posted by Lorewalker

Hmmm...that does not sound like optimism, anguish or jealousy.

This deal meets the definition of big business and in big business we all know where the common man is. Call me a moron but I cannot see how Collectors could give any assurances or comfort to those holding SGC cards.

The parties or their shills can say anything, but just for myself I would take it with a grain of salt. If it turns out to be a good thing, it may be the first time that happened from eliminating competition, but this hobby is effed up enough that I suppose anything is possible.

Directly · #4 03-03-2024, 01:07 AM

Make cross-over money to help cover the 100 million purchase price and eliminate the competition at the same time. Could be a brilliant business scheme. Time will tell.

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