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#1
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SGC pricing
Posted By: scott
So after about 3 years I gathered up the energy to send some cards into SGC for grading. I guess some of the rules changed as I received a call from SGC at the office today. They too noticed that its been a long period since I've submitted anything. The gentleman that called told me that you shouldn't send any cards in screw downs as there will be an additional charge to remove them. Ok what he said was logical as older card cards can get adhered to the plastic and when removed can , in some cases , damage the card. He then told me that one or two of the cards submitted may get billed at a higher rate then listed. Why ? because the value I gave the cards are higher then what they may think the cards may be worth. Why would they be asking me the person that submitted the cards what the value is? I based the value on what I paid. Now it becomes subjective. I find this a strange way to put a value to a service based on the value of a card. The amount of work and expetise to grade say and N172 in a grade 3 is the same as a grade 7...Yet they want to charge more for the service. I'm a bit perplexed. Anyone have any thoughts on the matter? Why pay $20 for a Ramly if its graded say a 6 Vs $10 if its graded a 4????? Hey I've always put my faith in SGC graded cards but this policy just isn't correct. Someone with long hair pays the barber the same price for a cut as someone with short hair. Including me who's just about bald. |
#2
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SGC pricing
Posted By: Matt
The way it was explained to me by Michael at SGC is that the difference in price is for the faster service, and the company's liability if the card is damaged or lost. It doesn't exactly make sense since if you value the card at $50, that's all they would be on the hook for, even if it was really worth $2000. |
#3
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SGC pricing
Posted By: rand
I think if looked at psa website, their pricing would give you sticker shock. SGC doesnt make you pay a club fee to join and you will get your cards back in a timely manner. the prices go up with a faster turn-around time. Michael will work with you if you have any additional questions. |
#4
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SGC pricing
Posted By: JK
This is not unique to SGC. PSA does the same thing. Higher the value of the card - the more SGC's liability (potentially). Therefore, the more you pay to have it graded. The benefit - you get it back faster. |
#5
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SGC pricing
Posted By: Jason Duncan
I think SGC is the most reasonable grading company in the business. They by far are the most consistant. I personally buy much more in SGC holders because I know my risk is minimal. While they may not be the quickest (I have never had an issue), their customer service (Michael) is second to none. I much prefer to have my stuff graded accurately and consistantly than roll the dice. Also on large submissions I am sure they would work with you. What you get from SGC is cut and dry. You know the terms up front and their prices are not that high. I think we are just beginning to see the pre war market spill into the 40s and 50s where SGC is selling better than the other companies. There is a reason why. I think we are on the edge of SGC becoming the premier grading/authenticating source of vintage baseball cards and prices are starting to reflect that. I am currently crossing all I can into SGC holders for the long term with the exception of what I am selling. I think it is great the tpyes of specials they run from month to month. Good luck. |
#6
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SGC pricing
Posted By: Matt
Josh - maybe you can explain the liability part to me, since I don't understand it. If I submit a card and declare it's value at $50, why would SGC be liable for any more then that, even if the card is actually worth $2,000? |
#7
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SGC pricing
Posted By: JK
Matt - how many people do you think, if given the opportunity, would value all their cards at $50 to get a cheaper turnaround time regardless of value? Now, say those same people are all sending in $1000 cards and they all come back creased or otherwise damaged. Do you think that they will all just say, "Oh well, silly me, I should have valued it higher - just send me the $50 and I'll be happy" or do you think its more likely that they demand to be compensated for the lost value to their $1000 card? Now, lets suppose you are correct that legally sgc is only on the hook for $50 (which I dont necessarily agree with) but sgc gets threatened with a lawsuit over the additional lost value. Does it cost sgc more time and money to deal with the threatened action than it does to just pay the person what they are asking? |
#8
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SGC pricing
Posted By: Matt
Josh - I understand the headache argument, but thanks for spelling it out so eloquently. I'm curious about the legal side of things since I have minimal knowledge in that arena. How could SGC be on the hook for more then $50 if the submitter declared the value at $50? You indicated it was possible. |
#9
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SGC pricing
Posted By: JK
Actually what I said was I dont necessarily agree. If I remember sgc's submission form correctly, they ask you for a value that is used for purposes of figuring out how much insurance they purchase when they mail it back to you as well as the service turnaround. I dont recall any disclaimers or any other contractual language that would prevent you from arguing the card is worth more than you valued it, that you simply didnt want to pay for the insurance (because you felt so confident about the us postal service, etc) and you wanted a longer turnaround so you wouldnt have to pay as much. While your self-proclaimed valuation may be some evidence of value, I dont believe that there is anything written in that submission form that would prevent you from introducing evidence that the card is worth more than the amount you put down. |
#10
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Posted By: Matt
thanks Josh; makes sense. |
#11
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Posted By: Michael Goldberg
Hi! If anyone has questions regarding SGC's grading fees or declared/insured value policies, you may call me directly at the office during normal business hours. The toll free phone number is 1-800-742-9212 x105. |
#12
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Posted By: scott
I guess since I started this thread I would do some follow-up on the responses. |
#13
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Posted By: Rob Dewolf
I based the value on what I paid. |
#14
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Posted By: Matt
Rob - I think his point is that what you paid for a card should be just as valid a determinant of value as what it sells for; not that they are the same. After all, isn't value determined by sales history? |
#15
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SGC pricing
Posted By: leon
Sales history is only one determinant in value, and it could be a very minor one. The bigger value estimator is what someone is willing to pay today. No cards have any more intrinsic value than the heat they put off if they are burnt.....take care |
#16
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Posted By: Frank Wakefield
I have no use for graded cards, unless I'm about to sell a card. I understand that all of you guys love graded cards. What follows is not intended to offend. |
#17
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Posted By: Matt
leon - just to play devil's advocate (since this wasn't my argument) if I bought a card yesterday for $75 and sell it today for $2000 aren't both valid for valuation? Now, you could argue that if I was able to buy it for $75 yesterday, then clearly that was an incorrect value and $2000 is correct, but what if the $2000 was just the product of some silly bidding war? Maybe the underbidder will be able to buy the next one for $75 since his competition is gone and that's why I was able to buy it for $75 in the first place; the competition was skiing in the Rockies and didn't see the listing. |
#18
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Posted By: scott
Rob I haven't sold any cards to base the value on. Not recently anyway. Only my purchase prices. I seem to have become a hoarder and find it difficult to let anything go. Every item I own has a story to go with it...hence the basis of my collecting obsessions. The stories about each item is the best part of the hobby for me. I've purchased so many of my cards and other "holdings" in places as far away as New Zealand and South Africa. Its amazing how American products seem to have spread out. Keep in mind that tobacco/cigarettes started their life in the states.Baseball cards among all cards were first introduced in pakgs of cigarettes. Mr Duke not only had his hands in the colonies but also around the globe. If you ever have the opportunity to visit England you'd be dumb founded as to the extent of American cards that are in the hands of collectors there. My very close friend who passed away about 3 months ago David Grimes was a Brit and he had introduced me to the expanded universe of card collecting. Sorry to get off topic. |
#19
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Posted By: T.Ferg
The cards I've sent to SGC were purchased 20-30 years ago, I had to add a little to my purchase price. I used high Beckett for my value. None of my stuff is rare (50's-70's). The service was as promised and the cards looked great in the SGC holder. I did have a question when I was filling out the form and left a phone message(that wasn't returned, probably because it was fairly simple) but I stumbled through and it worked out without a hitch. All my emailed questions have been answered and the collector magazine they have is really well done. |
#20
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SGC pricing
Posted By: leon
I have to say that many times it seems you don't want to read/comprehend what is written. If I am not mistaking you are questioning my stance on valuation based on a previous sale. I said: |
#21
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SGC pricing
Posted By: Matt
leon - sorry I'm not understanding - you wrote: |
#22
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SGC pricing
Posted By: Glyn Parson
With respect to being charged more for a more valuable card the liability is not just in our handling of the card but also is in conjunction with our guarantee to buy back cards that we overgrade or miss an alteration on. Also this is the industry standard, to be charged more for more valuable cards, and the fees you are charged pale greatly in comparison to some other fields such as comicbooks or coins. Again if you have any questions regarding SGC and its policies please feel free to give us a call at 1-800-742-9212. |
#23
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Posted By: Matt
Glyn - that's an excellent point that we missed. |
#24
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Posted By: JK
"In my mind, 100% of card collecting dollars are no longer in cards; instead, a considerable portion of it is diverted over to slab companies... Imagine what would happen in a real estate transaction if, after closing, the buyer and seller sought out another agent to 'resubmit' the deal so they could pay another commission." |
#25
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SGC pricing
Posted By: Al C.risafulli
While I understand the argument that it should take no more time and effort to grade a T206 Wagner than it does to grade a T206 Lena Blackburne, I have absolutely no qualms about paying more to grade the more valuable card. |
#26
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SGC pricing
Posted By: Frank Wakefield
Every time I see someone cut and paste something and put quotes around it at the start of a post, it is done as if it validates whatever the poster then says... I can't recall having ever done it, and can't envision doing it. |
#27
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SGC pricing
Posted By: Jeff Prizner
"Forgive me for collecting cards for the love of the card. Forgive me for not focusing on the marketability of my cards." |
#28
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Posted By: Al C.risafulli
I did not realize that I don't love my cards. |
#29
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Posted By: leon
Maybe the house analogy is good? When I have bought my few houses there were generally at least 2 inspections made. Those are around $400-$500 ea. Would you consider buying a house without an inspection? SGC charges $50-$100 to evaluate and inspect the most valuable cards. I can tell you the little bit I have spent (3x-4x in the last year) has made up for itself many, many multiples of times. For the record I still have more raw cards in my collection than I do slabbed.....I like the smell of old cardboard in the morning!!!! I have been known to fondle them too but don't tell anyone....best regards |
#30
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Posted By: JK
wow, I too didnt realize that I only loved marketing my cards and didnt actually have any affinity for the cards themselves. |
#31
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SGC pricing
Posted By: Frank Wakefield
It remains a distinction that some folks seem unable to perceive. The card remains the same, no change in value. This gets me back to the first post, folks need to open their eyes. |
#32
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SGC pricing
Posted By: Eric B
"What if I got PSA to put a SGC slab, card and all, in a great big slab. Now I'd have something. Lord only knows what that card would be worth..." |
#33
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SGC pricing
Posted By: leon
Just as the house is worth the same AFTER the inspections so is the card AFTER it's authenticated. However most folks would pay a little more after said inspections. We are arguing semantics but I do agree with you at least partially.....Hope you see my point too? take care |
#34
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SGC pricing
Posted By: Frank Wakefield
I see... |
#35
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Posted By: Bottom of the Ninth
Graded cards are not worth more. Ungraded cards are just worth less. |
#36
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Posted By: Al C.risafulli
LOL, Greg. |
#37
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SGC pricing
Posted By: Kevin Saucier
"What if I got PSA to put a SGC slab, card and all, in a great big slab. Now I'd have something. Lord only knows what that card would be worth..." |
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