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#51
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Need advice for a GAI problem.
Posted By: peter chao
Leon, |
#52
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Need advice for a GAI problem.
Posted By: leon
Dave- going out of business is very simple. I know.....(unfortunately). All you have to do is have more expenses than income. I am pretty sure the biggest costs GAI has/had were employees, rent, technology (including the encapsulating machines)...maybe in that order........and without enough submissions that would be enough.. |
#53
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Need advice for a GAI problem.
Posted By: Jon Canfield
We (being Net54) should purchase them with banner ad revenue and then start a Pre-WWII only grading service. |
#54
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Need advice for a GAI problem.
Posted By: Dan Bretta
-Employees |
#55
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Need advice for a GAI problem.
Posted By: leon
You get a new lease by paying off your current bills in arrears, giving a hefty deposit, and signing another lease....I don't see how they can do it....but I have seen crazier stuff....They would have to have some really good marketing and PR folks, to make a come back, and they have never shown they had those things... |
#56
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Need advice for a GAI problem.
Posted By: leon
You guys are killing me ..... |
#57
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Need advice for a GAI problem.
Posted By: Frank Evanov
"If they don't offer reduced prices compared to SGC and PSA I think the damage will be irreparable" |
#58
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Need advice for a GAI problem.
Posted By: Todd Schultz
"Sorry, but they could offer free grading in the future and no one would use them" |
#59
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Need advice for a GAI problem.
Posted By: Dave F
Well it sounds like instead of exploring every avenue to take out another big loan...that maybe these guys should seperately be calling SGC or PSA about job opps. |
#60
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Need advice for a GAI problem.
Posted By: peter chao
Leon, |
#61
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Need advice for a GAI problem.
Posted By: Anonymous
-Employees: Too many |
#62
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Need advice for a GAI problem.
Posted By: Marty
The way that this industy has gone, an auction company should look at him. |
#63
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Need advice for a GAI problem.
Posted By: David Smith
One expense you guys are leaving out is paying for "lost" cards. If some employees have sticky fingers and GAI had to pay for the "lost" cards, that could get expensive pretty quickly. |
#64
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Need advice for a GAI problem.
Posted By: Sean C
http://www.beckett.com/estore/news/?eskin=beckett&a=8942&s=1 |
#65
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Need advice for a GAI problem.
Posted By: Todd Schultz
the first five doors down are suites, and the sixth one says "Exit". |
#66
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Need advice for a GAI problem.
Posted By: JimB
"I'm just trying to help people understand that [GAI] is not going anywhere and that they're stuff is fine," he said. "The company's still there, it just had to move. Otherwise, I would let you know. Hopefully, by tomorrow, this will all be a passing moment." |
#67
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Need advice for a GAI problem.
Posted By: Ricky Y
I agree with Frank E. Even with free grading..I don't know that there will be enough interst to recover. At this point right or wrong it maybe too late to regain the trust again as their current trouble is sure to be embedded into the conscience of the customer base that GAI is not a trusted brand. PSA for all its criticism (many deserved) has established itself as the "brand" into the conscience of the collectors. As the posting at CSU shows, many posters often show total faith and loyalty to PSA. They can do no wrong..or if they do, its explained away..that everyone makes mistakes but they are still the best and most trusted. SGC has also established its nitche in the vintage category. GAI did have a head start with their pack grading, but it never took off in the card grading area...and its problems with slow turnaround times and things being lost was too much to overcome. PSA and SGC can lose things and ship things slow and not suffer as much because of its established foothold into the minds of the collecting public. |
#68
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Need advice for a GAI problem.
Posted By: Dave Haas
I called Mike Baker this afternoon and left a detailed message regarding my cards and he returned my call within 45 minutes. He said he had talked to Darren and that a check would be issued Monday for the agreed price for the card (I know, "the checks in the mail"). He said he would personally call me Monday when it was sent overnite mail. I asked him if GAI would survive and he said that as an "employee" he surely wanted it to but it was in the hands of GAI's board of directors who were trying to make things work. He said that he was returning all calls made to him and that all cards in their possession were secure and all customers will be made whole for their submissions. He seemed honestly upset about the situation and how things had progressed, but it appears some of it is out of his hands. I'll let you know if the check is actually in the mail Monday. Thanks for all your advice. |
#69
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Need advice for a GAI problem.
Posted By: Joe D.
That was great! |
#70
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Need advice for a GAI problem.
Posted By: JimCrandell
Dave, |
#71
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Need advice for a GAI problem.
Posted By: barrysloate
Jim- I think an editor would be pretty low on their list of priorities. Perhaps a banker and an attorney would serve them better |
#72
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Need advice for a GAI problem.
Posted By: Anonymous
I have spoke to several people in this issue |
#73
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Need advice for a GAI problem.
Posted By: john/z28jd
Did anyone else notice that Jim said he was glad that GAI didnt grade 50,000 cards of his? Is it just me,or does anyone else not think that grading that many cards mightve kept them in business and then he wouldnt have to worry,and especially if they did good,it wouldve brought in more business thru word of mouth. I think we can single-handedly blame Jim for them going out of business |
#74
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Need advice for a GAI problem.
Posted By: Al C.risafulli
""The company is not going out of business," Sipe said adamantly." |
#75
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Need advice for a GAI problem.
Posted By: JimCrandell
John--50,000 cards-$50,000--seemed like a compelling deal at the time. |
#76
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Need advice for a GAI problem.
Posted By: john/z28jd
They probably thought the same thing as i said,the exposure they would get would result in much more business. That many cards would be a big deal to them. That wouldve been a great price too. I dont get cards graded and off the top of my head i can only think of one GAI card i have,but i really liked their holders,especially for Old Judge cards |
#77
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Need advice for a GAI problem.
Posted By: Al C.risafulli
They were going to fly out to New Jersey, bring their slabbing equipment and inventory, and grade your cards for a dollar a card? |
#78
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Need advice for a GAI problem.
Posted By: JimCrandell
At the time, I felt almost certain that they would succeed--primarily because of Mike. |
#79
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Need advice for a GAI problem.
Posted By: JimCrandell
Al, |
#80
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Need advice for a GAI problem.
Posted By: Al C.risafulli
Jim: |
#81
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Need advice for a GAI problem.
Posted By: JimCrandell
Al, |
#82
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Need advice for a GAI problem.
Posted By: Dave Haas
Hey guys/girls, |
#83
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Need advice for a GAI problem.
Posted By: Al C.risafulli
Jim, I wouldn't presume to speculate about a client's business, particularly on a public forum. I just help them out with marketing. |
#84
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Need advice for a GAI problem.
Posted By: Dan Bretta
So now I'm curious as Kevin Saucier has said this new place has a great view and is three times bigger than the old place if he's going to let us all know where this new place is? |
#85
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Need advice for a GAI problem.
Posted By: Al C.risafulli
Edited so as not to hijack further. |
#86
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Need advice for a GAI problem.
Posted By: JimCrandell
Dave, |
#87
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Need advice for a GAI problem.
Posted By: Dave Haas
Leon, |
#88
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Need advice for a GAI problem.
Posted By: Dan Bretta
What is the big deal here Dave? As far as I can tell you were given sound advice, you got the information you needed to contact GAI and this thread has revolved solely around GAI. |
#89
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Need advice for a GAI problem.
Posted By: JimCrandell
If every thread contained only answers to the original question, there would be some very short threads and a lot less interesting ones--and this one has not gotten off topic! |
#90
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Need advice for a GAI problem.
Posted By: Dave Haas
Dan, |
#91
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Need advice for a GAI problem.
Posted By: leon
Even though I locked a few threads recently I really try hard not to....It's when they get completely out of control that I will. But I don't think this is there at all, at least yet . Lets see how it goes... regards |
#92
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Need advice for a GAI problem.
Posted By: Dan Bretta
Hmmm...I don't know Dave so maybe he's new here....perhaps he hasn't experienced a truly off topic thread yet. |
#93
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Need advice for a GAI problem.
Posted By: Anonymous
The night is young and Mr. Giddings has yet to join us to share his wisdom and insight, |
#94
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Need advice for a GAI problem.
Posted By: Kevin Saucier
"So now I'm curious as Kevin Saucier has said this new place has a great view and is three times bigger than the old place if he's going to let us all know where this new place is?" |
#95
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Need advice for a GAI problem.
Posted By: Dan Bretta
Kevin, that makes sense now...I hadn't realized that they'd just recently moved before. I thought when you wrote the following that you had been to the newest place. |
#96
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Need advice for a GAI problem.
Posted By: Bob
Dave- Just one tip, if I might, your idea of time will not be the same as GAI's. Kind of like "dog time" when one year equals seven years to a dog. I was also told my refund was coming right up and sent out in the mail the next day, for a lost card. 6 weeks later it arrived. |
#97
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Need advice for a GAI problem.
Posted By: Frank Evanov
My refund from GAI took 6 "Mondays". I hope you don't have the same experience. |
#98
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Need advice for a GAI problem.
Posted By: Brian
GAI's future is real and its spectacular. |
#99
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Need advice for a GAI problem.
Posted By: B.C.Daniels
Dan Mckee loves PSA so much? |
#100
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Need advice for a GAI problem.
Posted By: Rick McQuillan
B.C., you brought up a valid point that had been rolling around in my little brain since I heard about the possibility of GAI grading 50,000 cards from one person. I'm not pointing out any particular grading company nor any particular submitter, but in general, doesn't it seem that someone submitting thousands of cards might just get the benefit of the doubt on the "tweeners"? Maybe a grade of EX on a card where with my piddly submission of 10 cards the same card might grade VG/EX? |
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