Poll: Are you concerned about buying SGC graded vintage cards?

[Leon]

Originally Posted by ValKehl

Chase, as I read what you linked us to, CGC's two new jumbo holders are soft plastic, which I'm guessing doesn't provide the strongest protection for one's card.

"Similar to the Paper Money Guaranty® (PMG®) state-of-the-art holder for banknotes, CGC Cards has created a soft-plastic holder tailored for jumbo cards. The holder can be used horizontally and vertically, and comes in two different sizes to accommodate jumbo cards of different types and eras: one for cards sized up to 5" x 7" and one for cards sized up to 6" x 9". Get a closer look at the holder below!"

I am having meetings with CGC and will ask about the softer plastic. If I'm not incorrect, it will be more secure than brittle plastic, due to the encapsulation process. More on that later but I'm very excited about this news....and so are many collectors I have spoken with. We'll see but I wouldn't count CGC out...and I doubt big brother will buy them out. L

[ValKehl]

Originally Posted by Leon

I am having meetings with CGC and will ask about the softer plastic. If I'm not incorrect, it will be more secure than brittle plastic, due to the encapsulation process. More on that later but I'm very excited about this news....and so are many collectors I have spoken with. We'll see but I wouldn't count CGC out...and I doubt big brother will buy them out. L

Leon, to add to my earlier comment, I do hope that CGC's new jumbo slabs are high quality and become a very viable alternative to PSA's and Beckett's slabs.

Furthermore, I am extremely hopeful that CGC becomes a very viable TPG alternative to PSA for vintage cards, especially pre-War cards, especially if in the future SGC no longer fulfills the essential needs of pre-War collectors as it has in the past.

[Lorewalker]

Originally Posted by Leon

I am having meetings with CGC and will ask about the softer plastic. If I'm not incorrect, it will be more secure than brittle plastic, due to the encapsulation process. More on that later but I'm very excited about this news....and so are many collectors I have spoken with. We'll see but I wouldn't count CGC out...and I doubt big brother will buy them out. L

Would love to see CGC be more prominent in the market. It merely takes more auction houses, like Hake's, in order to assist with that.

As for the Jumbo holder news, that was over a year ago they announced. I have not seen any cards in them but have seen the NGC paper money holder and they are firm but they are not nearly as rigid as the plastic used on the smaller holders for cards.

[Fred]

What is the market share for PSA, SGC, Beckett, et al.?

Worst case is that there's a small discount on the SGC slab vs PSA because of the registry aspect of collecting. In any case, I think we've seen the incompetence for all TPGs. Subjectivity is all over the place.

It's been mentioned before, there should be AI grading when it comes to centering, corner wear, creasing, etc. The only bad thing is that when people have higher graded cards that get smashed a few grades, then there's going to be some unhappy people. Could you imagine having a PSA 5 card that is shot down to a PSA 3 because AI was being more accurate and less subjective? For that reason it'd be difficult for PSA to do AI cross overs because they'd have a lot of pissed off submitters that bought the grade and not the card.

[particra17]

PSA could crossover the top 1000 SGC cards in value for free and it would be irrelevant to its financials. The cost associated with doing that is inconsequential. And they can absolutely promise a grade within .5/1 of the SGC grade and the hobby at-large would not care at all. These are immaterial concerns.

This is always what was going to happen. Companies don't buy other companies to carry separate competing brands with duplicative costs that destroy the ability to secure cost synergies from the deal. There's nothing special about card grading that differentiates it from every other product that is the subject of an acquisition. SGC will end up being a niche brand for lower-end, quicker grading.

The reason why this works is the absolute insanity of pricing based on the value of the card. The cost to PSA to grade a $500k card is probably marginally higher than a $50 card, yet the profit is several 100x. It would be like someone charging you 500x to mow the same sized lawn because of the value of your house.

[Johnny630]

I think the high-end vintage SGC card holders have no fear of the future value in keeping their high-end cards that are vintage in SGC slabs

Everyone I’ve talked to over the past eight months about SGC‘s future who are vintage guys are not concerned.

[steve B]

Originally Posted by Leon

I am having meetings with CGC and will ask about the softer plastic. If I'm not incorrect, it will be more secure than brittle plastic, due to the encapsulation process. More on that later but I'm very excited about this news....and so are many collectors I have spoken with. We'll see but I wouldn't count CGC out...and I doubt big brother will buy them out. L

For some items it could be a better option.
But not for all.
My one T3 is very fragile and has been since I got it. It won't stand any flexing.
So much that back before there being large hard holders I made my own hard screwdown.

[sportscardpete]

People forget that CGC is owned by a much, much, much larger company than Collector's Universe.

[Knightlax5]

I'm a slave to the PSA registry. My thoughts regarding to buying SGC cards is the exact same: I'll buy the card if i can cross it for the same price as a PSA equivalent card and grade.

I'm a collector so I can wait a month or two to get the card in final form in hand.