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SGC T206s....It needs to be brought up, it's scary, very scary if you are a collector
I'm really surprised nobody has brought this subject up. But, most members on this Forum seem to prefer SGC. SGC cards are bringing a fraction of what PSA cards sell for, primarily in high grade...
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I don't collect T206's, but have thought about it on investment purposes based on the factors you stated. Sent from my iPhone using Tapatalk |
Kevin, I have of course noticed the same price gaps between sgc and psa. Just curious why they won't cross?
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It's not just 206s either, I have noticed the same trend on many pre and post war cards. I'm not sure if it's due to the PSA registry or the perception that the standards are tougher at PSA. But it's clear that if you're buying cards as an investment PSA is the way to go.
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I feel your pain, but...
This year I joined PSA and tried to cross a handful of high end cards ($750-$3500.). I only was successful with a Ty Cobb Colgan's Chips going from SGC 88, now PSA 8. There went a few hundred bucks out the window.
But I do know I bought the SGC cards for less - thats why I bought them. So I have decided to pay less for SGC, keep them, and be ok with that. Whenever I do sell, remember I paid less for them to begin with. My SGC purchases are few these days, way vast majority of my stuff is PSA. For me to buy SGC they have to be 55/45 or better centered, and solid for the grade corners per my own eye. For instance, I picked up a sweet 1955 Topps Aaron SGC 88 that i swear up and down is every bit the equivalent of PSA 8, but I paid less, will keep in SGC, and be happy. The way SGC grades off center material is one of their biggest pitfalls, they should have had OC designations like PSA - then bet SGC would fare better overall, just my 2 cents. SGC does, however, grade a few issues PSA does not - I send them to SGC, no problems - example s74 silks, old Wheaties issues. Pay no more than 80 percent of avg. PSA sales value,get very nice centered items, scrutinize corners with your own eye, then ok to buy SGC. Done with crossovers, too many certain words exit my mouth. And too much money leaves my wallet. |
I collect lower grade tobacco so it effects me less. I can appreciate not wanting to crack and resubmit. I have bought cards graded good and very good that if resubmitted would only grade fair or poor. Again it matters less at the low end but if you have a nm in sgc t206 and you crack and resubmit and it only scores a 6 that could be hundreds of dollars. I have to believe it's mostly a registry issue, I think the bulk of collectors are aware sgc is reputable.
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Part of it is that for the most part PSA now has incredibly strict grading standards. Today's 7 is yesterday's 8. I have seen 5s and 6s that are NM to the eye and almost certainly would have graded higher in years past. So in a sense it's not apples to apples, as SGC grading seems to have stayed more consistent.
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Right, so I was thinking of where the extra value came from. If both companies are reputable then there is only a limited amount of variables contributing to psa's enhanced appeal. The registry seems to be the biggest factor. However some of the grading advantages in terms of a lack of qualifiers are also valid for sure. If I was sgc I would certainly take these concerns seriously and take steps to assure customers cards values are protected. |
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Great news!
SGC is the only way I like to go. Cheaper too? Hell yeh! |
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If many SGC cards are worth, say, 4/5s of PSA cards, and you pay accordingly, then no problem. That's already been going on. The only question is: are many SGC cards now plunging, or at least declining, in value? Then there's a problem. You paid less for them but now they are not even keeping their half of the "bargain." If that's what's happening.
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The value of most "quality" cards isn't determined by a major TPG holder. Yes will certain cards sell for more over another sure that's the hobby. Will some things in PSA get more due to registry no doubt. In the end if you're buying nice examples of cards in any grade that tick all the boxes (centering, color, register) in either SGC or PSA you will be fine.
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PSA...Please
Has anyone here forgot how PSA launched their brand with the T206 Wagner...strict grades...what BS!
Patrick |
PSA stricter?
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Sorry Peter, I have to say BS that PSA is stricter. Here's a PSA 7 (HA!) 1952 Billy Martin for you. Who gives a rat's @$$ if the corners are sharp. You can barely make him out because of the OBVIOUS registration errors. (And for the t206 freak collectors - no, this doesn't make this card more vluable - there are TONS of cards like this troughout this set. Dozens are on Ebay right now.)
Heck, even the centering isn't great. That card grade is garbage. PSA should be embarassed. Cheers, Patrick Prickett (in case I need my full nae on this one) |
PSA stricter
you were joking right???? Countless examples of inept grading for all the companies - see the last Heritage auction with PSA 7's that have front and back paper loss.
The major TPG's do a decent job with regard to authenticity and more easily discernable faults. You're not submitting to some kind of crime lab - for the ten bucks no-one is taking out the micrometer or neutron scale. ANYONE can render an opinion about a "grade". Such grades really only matter in terms of commerce - buying and selling the commodity. Historically PSA cards have been shown to bring higher prices on many issues. They were first, better advertised, and developed the wildly successful registry. With the passage of time SGC has taken over the larger share of the more niche-like 19th century market and made inroads in the "T" card market. I think they do a better job, the holders look nicer, they offer excellent customer service. That said - it's a personal preference thing - you align yourself with the company whose condition/grade parameters feel "right". |
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right heres another 'sgc is better for prewar' it is what it is....PSA sells for more than SGC on a large scale.....theres always bad examples for each in terms of why a grade was given.....you can buy sgc cards cheaper for the same grade as psa.... which is fine for the people who want cards cheaper and who believe the card looks the same as the psa counterpart.....really no problem there....just don't expect to get the same money back as the psa counterpart ..it can happen from time to time of course.. |
I am not joking at all. Ask people who submit regularly (that is, people not getting favors or to put it more charitably benefits of the doubt, and I am sure there are some of those) and they will tell you that these days -- which is all I said in my post -- PSA is very strict with grades. I have seen numerous examples of this.
My observation is not at all contradicted by the fact that in its 24 year history PSA has overgraded many cards or graded many altered cards. Of course they have. I have no doubt that if you took a cross section of mid to high grade cards with no paper loss or wrinkles, and had someone unknown to either company submit them, the PSA batch would grade lower in the aggregate. That is not a criticism of SGC, just an observation that the grading standards are not the same these days. And putting up a single example of an overgraded PSA card to prove your point is really not a very good argument. I am talking about overall, in the aggregate, etc. |
I don't know why PSA's sell for more, probably a "self fulfilling prophecy" because people think they are worth more and should sell for more so they pay more for no other reason than that. It's certainly not for PSA's beautiful holders in comparison to SGC
I keep hearing about PSA being stricter in their grading. I disagree on that, at least in the low to mid grade cards say grades 2-6. SGC has been crazy picky on some of the cards that I have had graded and when it comes to any type of paper loss I've found them to be much harder on that than PSA. I've submitted to both many times and have had many more comparison cards. Depending on the issue(s) that a card may have that usually determines where I send it (that and whether or SGC has a good monthly special :) ) If the card has a small amount of paper loss I can be certain that SGC is going to grade that 1.5 or maybe 2. I can usually get a 3 out PSA all other things being equal. |
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response...
Kevin, I looked on ebay at the last 4 sold 1955 Topps Aaron PSA 8's. They ranged from $1,366. to $1,654. The SGC 88 I bought in 2014 I paid $850. plus $18. shipping. Bad news is big difference between SGC 88 and PSA 8. Good news is I paid $850. for the SGC 88. I am happy with the card, especially for the price I paid. Whenever I sell the card, I must remember what I paid and adjust expectations accordingly. I would imagine an Aaron run is a super highly competitive arena in the registry game - probably the biggest reason for difference?
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SGC's presentation is far better. PSA's holder I feel keeps the card more secure though. PSA's resale value is second to none. Why well it's the name of course. It's like selling a Kershaw(PSA) to a Chris Sale(SGC). One is overhyped and loses in the playoffs every year. And one quietly goes about his business dominating. But because the other is from LA (Kershaw/PSA) who gets more attention ???? I'll always like and trust SGC's grading consistency over PSA. I will also note that I will not buy a card slabbed with anything other than SGC or PSA. |
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I have had several situations with paper loss with SGC that floored me with their strict grading. I had a BEAUTIFUL Zack Wheat that had some small paper chipping in the lower right corner. The card looked like at least a 7 it was that nice. But b/c of that small paper chip they gave it a 1.5. And that's just one example. In regards to PSA vs SGC pricing, in my opinion I for the most part trust both companies grading and review of the cards the same in regards to trusting the card is what it is. If I am buying off EBAY I am not more or less worried about the card if its PSA or SGC. I personally wouldn't pay a dollar more for a PSA over an SGC with the same grade or vice versa if the cards looked to be in identical condition. There are 2 reasons I have more SGC's that PSA and neither have to do with the quality of the grading. 1 is that normally it cost $17 per card with PSA and I can get it for $10 at SGC with their specials. The second reason is that as the OP said, PSA tends to sell for more so I've been able to get the SGC for cheaper. |
The part I don't get is the PSA people always say my cards sell for more. So what they paid more to get the card. A real comparison would be the difference in increase/decrease in value and not the selling price.
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I do agree I don't think grading standards are better for PSA or that their holders are better .....its the analogy of the other thread about would you buy from someone you not like and I said if they are handing you free money or a bargain I think most people would put their feelings behind and buy the card if a PSA and SGC card were selling for the same price from a private seller and the card looks the same I don't think the SGC lovers will end up buying the SGC card, they will take the PSA card because of sell price...even if they don't like the holder and don't think their grading standards are better.......money talks. |
No comparison at all between PSA and SGC values on CJ 14s. Quite stark and one of the most obvious pre-war. I imagine it's the registry.
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When you say SGC cards won't "cross", is it safe to assume you mean they don't often crossover to the equivalent PSA grade?
You're not suggesting they won't cross at all, are you? |
I cross stuff all the time
I have very little problems getting cards that deserve the grade to cross. If you are picky and dont just assume it's going to cross I have had great success. I'd say around 70-80%. I usually crack those that don't cross and probably get the grade I wanted on about half of those. I have only had one come back altered after cracking I did miss the minor alteration and could see how the graders did as well so it didn't upset me they are human after all. I do agree that over a certain dollar amount they are very reluctant to cross cards. I am talking about under 5 figure cards.
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I think if you randomly picked ten T206 cards in PSA 7 and ten T206 cards in SGC 84/7, and cracked them all out of their slabs, and sent them all to PSA, I'd think you'd find a significant number in both samples that would receive a grade lower than 7. I think the grading standards at PSA have gotten tougher in general where it can be more difficult to get cards in higher graded slabs than in the past. Saying that however, every collector who buys cards should look at the card before looking at the grade first. Think about how you think the raw card should grade, and then determine if the grade it did receive merited it. If you have a card that is strong for it's grade in an SGC holder, I would say that it would almost certainly cross over to PSA at that same grade or better.
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Sometimes it's a pain to cross it even if you think the card will cross at the same grade. If you add the shipping costs both ways to the grading fee and add in say a 10% chance that the card won't cross even if you think it should, that's too much risk + cost to many sellers. However, as a card buyer, I agree that if you can get a one grade discount, that's definitely a way to protect yourself.
I don't think anyone sends their cards to SGC thinking they will get a higher grade than they would if they sent the card to PSA. Instead, it's usually they trust SGC to be more consistent with their grading, have better customer service, and get their cards back faster. In addition, if they have mixed size or different service level cards, SGC is more affordable. |
I used to send 90% of my submissions to SGC, I now send 90% to PSA.
Outside of turnaround time PSA beats SGC up and down the block in everything else. In the past 3 years the following actions have taken place by the companies. SGC: Revamped registry site, minimal improvement. Still irrelevant compared to PSA. Changed flip and rechanged after customers voiced displeasure. PSA: New case which is harder to tamper with. New Flip. Upgraded Registry to allow for photo albums. Released app that allows you to scan or input the registration number. To me, it seems like either SGC isn't trying, doesn't want to improve , or is inept at marketing. Brent Ingr@m |
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If an industry wide rumor started next week that SGC was better within a month you would see the pricing reverse. |
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I think PSA is the #1 TPG because they innovate and market their product. That is what drives their brand, not collectors following rumors.
Case in point: do a web search of baseball card grading blogs/articles and you'll see people listing the 2 major TPGs as PSA and Beckett. It's quite sad actually. |
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PSA is so strong that you would be talking a major major rumer...some rumors that could further kill the other TPG would do nothing to PSA......anything can happen of course but going to take more than just a normal 'rumor' to change the current perception of the ebay buyers out there.. |
If SGC was smart they'd rebrand their registry by allowing other TPG holders so that collectors with mixed sets could register all their cards in one spot.
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in addition...to protect from fraud I wonder why they don't allow registered owners to be contacted by prospective buyers of a card (in a way to protect privacy ) to see if the card they are bidding on is real...example..you see a cert verified 1952 mantle psa 4...and would like to bid on it..wouldn't it be nice to have an email sent to the person that owns that card who can advise if his card is really on ebay..? |
I would love to send a T206 to BGS just to see the confusion on the graders face
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I believe you are correct. PSA tries to reach the younger demographic. While both have Twitter accounts, PSA uses theirs, while SGC hasn't posted in several years. It's FREE advertising, yet SGC ignores it. This should matter to collectors with cards in SGC slabs. In 10 years, will SGC slabs be considered equal to GAI or worse? You can say buy the card, not the holder, but I think we can agree that it doesn't happen consistently. |
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As for the debate about SGC vs PSA. If it is a registry card then PSA has the dominance. If it isn't then not so much. |
I used to be an SGC guy, but 2 years ago I pointed out on thier POP reports they have cards errors and sets mixed together and they didn't care to correct. It is impossible to sort many of their sets on the POP report as well. Then....I submitted 2 cards for autograph authentication, both of which I got signed personally and they came back and wouldn't authenticate. Thier lack of ability to authenticate autographs also hurts the brand in my eyes. Also, given they are so much smaller of a company, they are one or two guys away from not being able to continue the business. I do not see a long-term succession plan for those folks who are grading.
In conclusion, I still buy some SGC cards but I'll send my raw cards to PSA as I've lost some confidence in SGC and I would urge no one to use or buy cards from their autograph authentication service. Cory Weiser |
Market share
One of the primary issues that is driving the spread is market share. Collectors Universe is obviously a publicly traded company and has to report various metrics and one of those is market share.
Last year in one of their quarterly reports they indicated that they have 90% of the new card submission market. SGC has 1 or 2 points of market share for all cards being graded currently. Take position bias out of the discussion and if you are in an industry where another competitor is this much larger you aren't even considered relevant. I have used SGC once and their customer service was great and I was pleased with the grading accuracy and presentation in the holder. That said I have no illusions that those cards will ever sell for what they would in comparable grades in a PSA holder. PSA is the 800 pound gorilla at this point and the values have followed. |
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The registry is a powerful drug.
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Psa
Just to be clear, I never had any of my cards graded by PSA, but I am seriously beginning to think about crossing them over to their slabs, if I do decide to sell them in the future.
If I am reading their website correctly, if I have a card valued at $10,000+, I have to choose the same day service of $500 per card?? That seems absurd. Do I have this correct? I can't use the 5 day service of $35.00 a card? Thanks, Tony |
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If the card is already in an SGC slab and it's a 10K+ card, I really don't know if I would bother the crossover. If the card does not cross at the grade you want it, you would still be out the $500 fee and the card would still be in the existing slab. |
Edited... I hate typing on phones
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SGC has gone stagnant. Their set registry is non-existent, the pop reports are atrocious and the holders have obvious flaws. Any market share they had is going out the window. Speaking as a collector, I used to be exclusively SGC, but even their turn around times have slipped. Never thought I would go PSA, but I have....and am realizing more money because of it.
James Feagin |
I'm more or less a PSA registry addict, so I only buy PSA cards. When I get a catalog, I skip the SGC cards.
The one exception would be if it's an SGC card that I can't find in a PSA holder. Then if I win it I cross it over to PSA. Here is a link to one of my HOF sets: http://www.psacard.com/PSASetRegistr...t.aspx?s=18882 |
I am confused with this comment:
"SGC T206s....It needs to be brought up, it's scary, very scary if you are a collector" Shouldn't it say "it's scary if you are an "investor"? I personally am a collector, first and foremost. I am not interested in the registry game nor whether my collection is going to triple in price in the next 5 years. Therefore, I am more than happy to buy a nicely centered, crease free SGC 40 T206 at a fraction of the price of a PSA 4. Just means I can finish my set faster. Mark |
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I agree...for a collector SGCs are terrific if not worried about re-sale.... |
If you are investing wouldn't the smart thing be to buy SGC cards at 1-2 grade below PSA prices then cross them over?
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Sgc
I still am a SGC guy because of the flips, and service and the arrogance of PSA over the years,.... but I to am wondering why they refuse to market themselves better .....I think the registry is ugly and not a real improvement as was their first new flip....they seriously need a sharp graphic guy or gal and someone that's knows how to market themselves ..I still think there is a heck of an opportunity for someone who is capitalized to partner or purchase the brand....I hope it happens ...the sooner the better....
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Will SGC's upcoming move from Jersey to Fla be a good thing, bad thing or no big deal?
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As a long time collector that has used SGC exclusively for grading pre-war, their turnaround times have been very disappointing lately and it seems that their consistency has slipped. What other business can you think of that you pay for a 10 day turn around that takes 20+ days? It appears that they may need a shake up at SGC before they loose a lot of loyal customers. I renewed my PSA membership this week as I plan to slowly begin the process of crossing over to PSA just for the reason that Kevin brought up. I am a true collector first and foremost; however, I would like the greatest return once I choose to sell off my collection.
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I never sell, but i can say i like the look of the sgc holder better, as well think its more of a secure holder than psa.
I do buy, t205's and ruths graded by sgc, psa, bvg and raw. I always buy the card not the holder. |
In economic marketplaces you need at least two healthy companies to spur competition in creating innovation as well as consumer focused pricing and service. I'm a PSA supporter but hope that SGC and BVG can get their acts together. No one wants a TPG monopoly. Investing in technology (websites that are mobile responsive and look like this decade a good start) and marketing is much needed.
In my experience over the last 24 months, I've cracked 50+ cards out of SGC holders and received an average of 1 grade lower per PSA grading standards. (after the first couple times sending the cards in the holders for crossover and receiving uniformly lower grades, I always break them out first and surprisingly get the same results). |
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I also tend to send more of my submissions to PSA, but I still send some to both SGC and Beckett every year, and like AJ, I would like to see a competitive market rather than a monopoly. Frankly, I think since SGC is a smaller company and needs to conserve their capital, I think they should just stick with their bread and butter which is consistent and strong grading, great customer service and delivering cards within their expected turnaround times. They are already foraying into autograph authentication, so let them digest and perfect that before moving onto techy gizmos and the like. I also think that the registry wars are already over. PSA has won that battle. So instead of trying to outdo PSA there, I would just try to have a simple registry that acts more like a checklist that collectors can use rather than battle on points. As others have suggested, allow cards from other TPG's or even raw cards. If they wanted to splurge on their registry, I would have them partner with a company like VCP, so they could integrate current market values into the cards listed on the registry to that collectors could get a rough idea on how much their collection is worth. I know people don't like to say it's investing, but still if people could see their cards like an investment portfolio, it might be a nice touch.
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The owner, Dave Forman lives in Fla so it makes sense for his company to be there too. |
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i think the discussion is when you look at sales prices for a '3'...the PSAs sell for more than the SGCs .. whats the issue is i think people that have kept cars for a number of years back when the 3's were being sold at the same price....now are attempting to sell the card and they are seeing that the 3s from the SGC don't sell in general as much as the 3's for PSA.... CMIZE that started the thread wasn't talking about new purchases..he is concerned about purchases he made long ago and how his SGC cards appear to have lost their value from when he bought it.....so that's what i believe people mean about PSA keeping their value.. if you look at B/S/T you will see sellers wanting the same money for their SGC as the PSA counterpart and its just not happening more and more...they have to sell them for less........but yes..now that it does appears that SGCS are being bought for less..they aren't losing value as they may of 4 years ago when they were being bought for the same as their counterparts.... |
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