SGC Labels

Leon · #1 02-26-2010, 10:46 PM

Quote:

Originally Posted by Kenny Cole

Peter and Leon,

So its OK to pay for a "service" you evidently didn't get the first time around and be held up to pay for that same service again? I don't think so.

It seems to me that it is SGC's responsibilty to get it right the first time since accuracy is what they sell (and have presumably sold from the get go). Accuracy is precisely what was marketed and presumably what the buyer purchased even back when, according to what appears to be the current position, their grading was, at least sometimes, somewhat subpar.

I am not suggesting that SGC has to stick with the grade it previously assigned. It doesn't even do that now. I am, however, suggesting that if SGC backtracks on a grade it previously gave, it needs to make it right financially. The buyer should not be out because SGC did a poor job to begin with.

Well, yes, since standards have changed the "today" grade could be different than the many years ago grade. Now if we could go back and the exact same grading scale, and definitions of the grades, were exactly the same back then, then I might see your point more. I am sticking to my answer on this one....and we do agree on the mitigation of any lost value but that doesn't seem quite fair vis a vis a higher new grade. This is not a black and white issue in my book and very debatable, as previously stated. I might even be convinced otherwise if an argument is made contrary to my current thinking, that I agree with. But those are my thoughts now. regards

Kenny Cole · #2 02-26-2010, 10:56 PM

But Leon, that is sort of the basic problem I have. Grading was supposed to set forth a definitive, concrete, immutable standard that people paid good money to have their cards achieve. It is still supposed to do that, but the previous definitive, concrete, immutable standard evidently now doesn't mean much because there is now evidently a new, different, definitive, concrete, immutable standard that you can once again pay money to achieve. Therein lies my problem.

egbeachley · #3 02-26-2010, 11:14 PM

Are there ANY products sold today that are the same as sold 10-20 years ago?

When the counterfeiters have mastered the art of copying slabs and flips, whether it occurs 2 years or 10 years from now, another service (by existing or new company's) will take its place.

Kenny Cole · #4 02-26-2010, 11:43 PM

The question, to my way of thinking, is whether the product is sold as being the end-all and be-all. That is the way card grading has ALWAYS been promoted. I suspect that no one will be able to provide any literature from any of the big grading companies that is in any way hesitant about the accuracy, wonderfulness or permanancy of their grades. I also suspect that there will be lots of stuff promoting the accuracy, wonderfulness and permanency of the given card grading companies' grades, particularly back when they were trying to promote the brand.

I'm a simple guy but I'm also a lawyer. Maybe the two go hand in hand. In any event, if you sell me a product on the basis that there is some numerical standard which it meets (and will always meet) and that later proves not to be true, that is, at least where I live, probably actionable as constructive fraud. Where I live, constructive fraud has the same legal consequences as actual fraud. Fraud damages can be really ugly.

chaddurbin · #5 02-27-2010, 01:00 AM

i don't think the grading scale changed that much in 10 years...just that the old SGC regime merkle et al before derek grady was not very good graders and the current people at SGC don't want to be held accountable for those mistakes in the old holders.

from personal experience i place the "SG" slabs above GAI but below PSA in term of trust that the card is not altered (and we all know psa's rep).

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