PSA to open a new joint SGC/PSA location in FL

Johnny630 · #1 06-04-2025, 03:35 PM

I asked a longtime SGC Collector and dealer he thinks SGC is here to stay not going anywhere business and submissions are stronger than ever.

Lorewalker · #2 06-04-2025, 06:37 PM

Quote:

Originally Posted by Johnny630

I asked a longtime SGC Collector and dealer he thinks SGC is here to stay not going anywhere business and submissions are stronger than ever.

I do not want to upset any "acolytes" here but did your source see the data that was presented on a thread from the other day with the CGC and SGC numbers?

SGC graded 145k cards - ⬇13% vs Apr, ⬇17% YoY.

Not sure what April looked like compared to March. I am in the camp that would be disappointed if PSA did away with SGC but the article posted does not bode well for the longevity of SGC if we read between the lines of what Hoge was quoted as supposedly having said.

ClementeFanOh · #3 06-04-2025, 07:30 PM

PeterSpaeth- it's a "wolfpack" now, eh? Clever... Let me save you geniuses
time by providing synonyms for enclave and acolytes, as you try to outdo
each other while tongue punching the English language:

1) coterie (Oh, that one's fancy)
2) sect
3) bloc
4) apostle
5) henchman
6) zealot (another goodie!)

What's the snark phrase for guys who publicly bang on PSA but who secretly
have tied their collecting hopes to them? I'll hang up and listen. (Don't- the
question is rhetorical!) Trent King

PS- Maybe, just maybe, there are collectors who prefer another service to
PSA, who aren't members of a secret society. Yeah, that may actually work.

Peter_Spaeth · #4 06-04-2025, 07:39 PM

Klatch (also klatsch)
clique

as for the other
fanboy
or the Blowout version fanboi

Balticfox · #5 06-08-2025, 10:55 AM

Quote:

Originally Posted by ClementeFanOh

PeterSpaeth- it's a "wolfpack" now, eh? Clever... Let me save you geniuses
time by providing synonyms for enclave and acolytes, as you try to outdo
each other while tongue punching the English language:

1) coterie (Oh, that one's fancy)
2) sect
3) bloc
4) apostle
5) henchman
6) zealot (another goodie!)

7) stalwart
8) lemming
9) true believer
10) fanboy
11) real frantic one (with apologies to Stan Lee)
12) PSA zombie
13) buff
14) mindless devotee

Johnny630 · #6 06-04-2025, 07:36 PM

Quote:

Originally Posted by Lorewalker

I do not want to upset any "acolytes" here but did your source see the data that was presented on a thread from the other day with the CGC and SGC numbers?

SGC graded 145k cards - ⬇13% vs Apr, ⬇17% YoY.

Not sure what April looked like compared to March. I am in the camp that would be disappointed if PSA did away with SGC but the article posted does not bode well for the longevity of SGC if we read between the lines of what Hoge was quoted as supposedly having said.

It sure doesn't sound good the writing seems to be on the wall… My dealer friend thinks that the numbers were down this month for sgc because they're flooded with cards and can't keep up with the grading.

Peter_Spaeth · #7 06-04-2025, 07:39 PM

Quote:

Originally Posted by Johnny630

It sure doesn't sound good the writing seems to be on the wall… My dealer friend thinks that the numbers were down this month for sgc because they're flooded with cards and can't keep up with the grading.

Yogi lives. We have so many cards to grade we graded fewer cards. Think about it, John, does that really make sense to you?

Johnny630 · #8 06-04-2025, 07:51 PM

Quote:

Originally Posted by Peter_Spaeth

Yogi lives. We have so many cards to grade we graded fewer cards. Think about it, John, does that really make sense to you?

No it doesn't make sense Peter...i think the main concern with SGC Owners and dealers is they may have big cards in SGC holders that PSA won't cross. They're concerned about what this does to their value down the road.

Peter_Spaeth · #9 06-04-2025, 07:54 PM

Quote:

Originally Posted by Johnny630

No it doesn't make sense Peter...i think the main concern with SGC Owners and dealers is they may have big cards in SGC holders that PSA won't cross. They're concerned about what this does to their value down the road.

That I can understand, I have a bunch of older SGC grades as well that while great cards and I believe unaltered, are not going to cross under the new standards. If and when the brand is discontinued, I think inevitably it will become devalued.

Johnny630 · #10 06-04-2025, 08:23 PM

Quote:

Originally Posted by Peter_Spaeth

That I can understand, I have a bunch of older SGC grades as well that while great cards and I believe unaltered, are not going to cross under the new standards. If and when the brand is discontinued, I think inevitably it will become devalued.

That's the scary thing for SGC collectors and investors...agree if this happens down the road it will inevitably devalue to what extent I don�t know. A lot depends on what the card is and how it looks along with it desirability.

It�s interesting that�s for sure.

Snowman · #11 06-05-2025, 11:56 AM

Quote:

Originally Posted by Peter_Spaeth

Yogi lives. We have so many cards to grade we graded fewer cards. Think about it, John, does that really make sense to you?

SGC is in fact flooded right now. They even had to increase their stated turnaround times as a result. One data point does not indicate a trend. Go look further back than just this last month. SGC demand is stronger than ever. The fact that they graded fewer cards could be attributable to numerous other factors that have nothing to do with consumer demand. 1. There were fewer working days last month than there were in the month and year/month prior. 2. International submissions were down due to the impact of tariffs. 3. They are preparing to share space with PSA. Surely some resources are being allocated to the logistics of that project. 4. Even just one grader going on vacation for a month could impact output by ~3%. If multiple graders are out at the same time, that number gets larger. If any graders quit or get fired, that will impact volume as well. I could go on, but you get the point.

Snowman · #12 06-05-2025, 12:07 PM

Something else worth remembering is that Nat Turner undoubtedly plans to take Collectors public at some point. There is no way in hell he's going to cut off the SGC brand before that happens. While you idiots may think that's the smart business move, I assure you the market will not.

Things could change after they go public and Nat Turner cashes out. Maybe the board will select a new CEO. Perhaps grading standards could become important again under new leadership. Perhaps the market will sour on the SGC brand. Perhaps it won't. Who knows. But as long as there is strong demand for SGC, they will remain.

parkplace33 · #13 06-09-2025, 12:17 PM

Quote:

Originally Posted by Snowman

Something else worth remembering is that Nat Turner undoubtedly plans to take Collectors public at some point. There is no way in hell he's going to cut off the SGC brand before that happens. While you idiots may think that's the smart business move, I assure you the market will not.

Things could change after they go public and Nat Turner cashes out. Maybe the board will select a new CEO. Perhaps grading standards could become important again under new leadership. Perhaps the market will sour on the SGC brand. Perhaps it won't. Who knows. But as long as there is strong demand for SGC, they will remain.

You are probably right on this part Snow. I guess my question now is on the demand piece.

To my knowledge, SGC has never graded more than 200k a month. The past year, they have been between 129k - 194k a month. Months vary, I get it, but do you think they will ever grade over 200k a month?

Yoda · #14 06-05-2025, 12:12 PM

Didn't PSA take possession of a large facility in Northern New Jersey in the not too distant past?

Schlesinj · #15 06-06-2025, 12:59 PM

Quote:

Originally Posted by Yoda

Didn't PSA take possession of a large facility in Northern New Jersey in the not too distant past?

I think they had a central Jersey one that house the photo team. I think that closed.

Lorewalker · #16 06-04-2025, 07:55 PM

Quote:

Originally Posted by Johnny630

It sure doesn't sound good the writing seems to be on the wall� My dealer friend thinks that the numbers were down this month for sgc because they're flooded with cards and can't keep up with the grading.

I am with Peter on this one. Does not make sense.

I think your source is speaking from a wishful thinking POV. And I get it. Losing SGC would be a horrible thing, especially to PSA. SGC prices were getting closer to the PSA counterpart.

parkplace33 · #17 06-04-2025, 08:04 PM

When Collectors bought SGC, I thought the SGC brand would disappear in 1-2 years. I still stand by that thought.

If it does happen, I believe the following will take place;

1. SGC will stop taking submissions. All cards at SGC would be graded and mailed.
2. Collectors would say that the SGC brand will be going away, psa is the way to go, etc.
3. NO statement would come out about crossing. SGC card owners would need to decide what to do, if anything.
4. Life goes on. Card owners, if they wanted to grade, will use PSA, CGC, etc.

Lorewalker · #18 06-04-2025, 08:28 PM

Quote:

Originally Posted by parkplace33

When Collectors bought SGC, I thought the SGC brand would disappear in 1-2 years. I still stand by that thought.

If it does happen, I believe the following will take place;

1. SGC will stop taking submissions. All cards at SGC would be graded and mailed.
2. Collectors would say that the SGC brand will be going away, psa is the way to go, etc.
3. NO statement would come out about crossing. SGC card owners would need to decide what to do, if anything.
4. Life goes on. Card owners, if they wanted to grade, will use PSA, CGC, etc.

That is a limited explanation. What about all the millions of cards sitting in SGC slabs? This has to be the worst environment in which to try to crossover a card. PSA starts at -2 on the grading scale for most of the raw cards submitted to them. No incentive for them to grade SGC crossovers fairly.

Peter_Spaeth · #19 06-04-2025, 08:30 PM

Quote:

Originally Posted by Lorewalker

That is a limited explanation. What about all the millions of cards sitting in SGC slabs? This has to be the worst environment in which to try to crossover a card. PSA starts at -2 on the grading scale for most of the raw cards submitted to them. No incentive for them to grade SGC crossovers fairly.

True, except for the more equal animals on the farm.

parkplace33 · #20 06-04-2025, 08:34 PM

Quote:

Originally Posted by Lorewalker

That is a limited explanation. What about all the millions of cards sitting in SGC slabs? This has to be the worst environment in which to try to crossover a card. PSA starts at -2 on the grading scale for most of the raw cards submitted to them. No incentive for them to grade SGC crossovers fairly.

I will be frank. In this scenario, Collectors doesn’t care. It’s all about the future.

Aquarian Sports Cards · #21 06-09-2025, 05:17 PM

Quote:

Originally Posted by Johnny630

It sure doesn't sound good the writing seems to be on the wall� My dealer friend thinks that the numbers were down this month for sgc because they're flooded with cards and can't keep up with the grading.

It's so busy nobody grades there anymore...

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