SGC Going Away?

perezfan · #1 05-06-2025, 10:52 PM

Quote:

Originally Posted by CaramelMan

As someone who collects all PSA SGC and Beckett in modern and pre-war, i can say it�s very clear which brand gets the premium on a sale�

If there was the same card in psa 10 sgc 10 (9.5) and Beckett 9.5,
The psa sells for considerably more �. PSA is the Cadillac when buyers are concerned and PSA clearly knows this�if SGC is kept, it will be the �second fiddle� in PSAs eyes with lesser fees but less value in the same grade as PSA �

This doesn�t pertain to Old Judge�.SGC is the master of this era, but as soon as you get to the monster, PSA gets more dollars for the same grade in Sgc�

It�s not close in my Pujols Rookies 2001� a PSA 10 Pujols 2001 is worth its weight in gold and SGC and Beckett are FAR behind in sale values�Thus the difficulty in psa grading and crossover: they know its worth a lot more in their slab so they have to be TOUGH..

My opinion from a collector who does it all and deals with all�

And even if you �dislike� PSA very much for whatever reason, you can�t deny final sale values�

SGC experts should become the 19th century branch of psa�that�s it

Scott

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.

Peter_Spaeth · #2 05-06-2025, 11:01 PM

Who is their competition now?

raulus · #3 05-06-2025, 11:22 PM

Quote:

Originally Posted by Peter_Spaeth

Who is their competition now?

Beckett!!!

Peter_Spaeth · #4 05-06-2025, 11:24 PM

Quote:

Originally Posted by raulus

beckett!!!

lol.

CaramelMan · #5 05-11-2025, 06:16 AM

Quote:

Originally Posted by Peter_Spaeth

Who is their competition now?

Simple answer : NASDAQ and its investors in CLCT

That is their focus with no “competitors in the market” …

Meaning they need to have a successful business model and divesting or closing units is part of being a Publicly Traded Company…

Scott

Ps: my inventions and fda devices are held by a NASDAQ company that I’m employed by as a SD so i feel the demands

OhioLawyerF5 · #6 05-11-2025, 07:50 AM

Quote:

Originally Posted by CaramelMan

Simple answer : NASDAQ and its investors in CLCT

That is their focus with no �competitors in the market� �

Meaning they need to have a successful business model and divesting or closing units is part of being a Publicly Traded Company�

Scott

Ps: my inventions and fda devices are held by a NASDAQ company that I�m employed by as a SD so i feel the demands

Yep, and closing a successful business would not be a good idea for the shareholders.

Lorewalker · #7 05-11-2025, 11:28 AM

Quote:

Originally Posted by CaramelMan

Simple answer : NASDAQ and its investors in CLCT

That is their focus with no �competitors in the market� �

Meaning they need to have a successful business model and divesting or closing units is part of being a Publicly Traded Company�

Scott

Ps: my inventions and fda devices are held by a NASDAQ company that I�m employed by as a SD so i feel the demands

Quote:

Originally Posted by OhioLawyerF5

Yep, and closing a successful business would not be a good idea for the shareholders.

CLCT is no longer trading. Collectors is privately owned, for now, so no shareholders.

Peter_Spaeth · #8 05-11-2025, 11:30 AM

What? Nat Turner took CLCT private in 2021. Ah, Chase just said that right before me.

CaramelMan · #9 05-11-2025, 05:09 PM

Off Nasdaq listing does not mean there are no shareholders…

Being on NASDAQ is difficult and expensive…

Does it trade on pink sheets now?

Totally private i find it hard to believe… All the CLCT share holders still hold the stock on pink sheets most likely…meaning they still trade and need to have good business practices/model..

Peter_Spaeth · #10 05-11-2025, 05:31 PM

Quote:

Originally Posted by CaramelMan

Off Nasdaq listing does not mean there are no shareholders…

Being on NASDAQ is difficult and expensive…

Does it trade on pink sheets now?

Totally private i find it hard to believe… All the CLCT share holders still hold the stock on pink sheets most likely…meaning they still trade and need to have good business practices/model..

Uh, no. No need to speculate.

https://www.businesswire.com/news/ho...ctors-Universe

Lorewalker · #11 05-11-2025, 06:37 PM

Quote:

Originally Posted by CaramelMan

Off Nasdaq listing does not mean there are no shareholders�

Being on NASDAQ is difficult and expensive�

Does it trade on pink sheets now?

Totally private i find it hard to believe� All the CLCT share holders still hold the stock on pink sheets most likely�meaning they still trade and need to have good business practices/model..

A swinnnng and a miss, strike two.

Snowman · #12 05-07-2025, 12:51 AM

Quote:

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 · #13 05-07-2025, 09:40 AM

Quote:

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 · #14 05-07-2025, 09:52 AM

Quote:

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 · #15 05-07-2025, 09:53 AM

Quote:

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 · #16 05-07-2025, 06:16 PM

Quote:

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?

Johnny630 · #17 05-08-2025, 07:47 AM

How many key vintage cards that look great for their conditions do we see graded in CSG Holders in the big guys Auctions? Like REA, Heritage, And Memory Lane�I can�t think of many. Once that starts happening I may take them seriously as being a viable option.

parkplace33 · #18 05-08-2025, 08:35 AM

Quote:

Originally Posted by Johnny630

How many key vintage cards that look great for their conditions do we see graded in CSG Holders in the big guys Auctions? Like REA, Heritage, And Memory Lane�I can�t think of many. Once that starts happening I may take them seriously as being a viable option.

Agree. Outside of maybe one auction house, I haven't seen CSG cards in any of the major auctions.

I do see them at shows, but mainly on Pokemon and other TPG. A few vintage, but very rare.

Peter_Spaeth · #19 05-08-2025, 09:33 AM

Quote:

Originally Posted by parkplace33

Agree. Outside of maybe one auction house, I haven't seen CSG cards in any of the major auctions.

I do see them at shows, but mainly on Pokemon and other TPG. A few vintage, but very rare.

There's no supply because there's no demand, and there's no demand because there's no supply.

Johnny630 · #20 05-08-2025, 09:40 AM

Quote:

Originally Posted by parkplace33

Agree. Outside of maybe one auction house, I haven't seen CSG cards in any of the major auctions.

I do see them at shows, but mainly on Pokemon and other TPG. A few vintage, but very rare.

Exactly Same here�.

sbfinley · #21 05-08-2025, 11:14 AM

Quote:

Originally Posted by parkplace33

Agree. Outside of maybe one auction house, I haven't seen CSG cards in any of the major auctions.

I do see them at shows, but mainly on Pokemon and other TPG. A few vintage, but very rare.

I get a ton of Pok�mon popping up in my Reddit feed because I follow mostly sports card subs. That crowd only cares about what TPG is the cheapest and has the fastest turnaround. They were all about CGC until they raised prices and extended turnaround times. Then they became all about TAG until they too got overwhelmed with submissions and doubled prices and wait times. I�ve probably seen a hundred posts of people complaining that PSA ripped them off because they subbed a $5k card through GameStop for $15 and now PSA is requesting additional fees. Some of them can�t afford the additional costs and now claim PSA stole their cards. It�s crazy, it�s like the California gold rush if it were kids showing up with plastic sandcastle shovels.