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-   -   New SGC grading fees (http://www.net54baseball.com/showthread.php?t=235776)

e107collector 02-22-2017 06:56 AM

New SGC grading fees
 
I got an email a day or two ago from SGC indicating their new grading fee schedule. I forget when it goes into effect

I wish I kept it, but I didn't. The increases are astronomical. Currently, any card valued over $25K is $850.

Now the highest tier is any card over $100K is $3,750.00. Yikes!!!

There was a few tiers between $25K and $100K, but the fees were over $1,000 for each tier.

Does anyone still have the email to post the prices?

Thanks,
Tony

bnorth 02-22-2017 07:06 AM

This is their new prices. I don't really care about the price changes but I would love to get my cards back that are on business day 34 of a 30 day submission. I sent them in before their 2 weeks off for Christmas/New Years so I actually sent them in 64 calendar days ago.:(

EDIT: Just got a email from SGC that my order will ship today.:)

Standard 20 Business Days $10 Any card valued less than $250
Express 10 Business Days $15 Any card valued less than $500
Priority 5 Business Days $35 Any card valued less than $1,500
Next Day 2 Business Days $85 Any card valued less than $3,500
Same Day Same Day $250 Any card valued less than $7,500
Walk Through Same Day $500 Any card valued less than $20,000
Immediate Same Day $1,000 Any card valued less than $50,000
Premium Same Day $2,000 Any card valued less than $100,000
Super Premium Same Day $3,750 Any card valued $100,000 & above

jcc6252 02-22-2017 07:07 AM

http://sgccard.com/userfiles/pdf/Gra...ice1_FINAL.pdf

Ben, you beat me to it.

keithsky 02-22-2017 07:31 AM

They say it was a BANNER year for them and then they raise the prices. Wow gee thanks. Great way to repay your loyal customers

JustinD 02-22-2017 07:37 AM

Quote:

Originally Posted by bnorth (Post 1634071)
This is their new prices. I don't really care about the price changes but I would love to get my cards back that are on business day 34 of a 30 day submission. I sent them in before their 2 weeks off for Christmas/New Years so I actually sent them in 64 calendar days ago.:(

EDIT: Just got a email from SGC that my order will ship today.:)

Standard 20 Business Days $10 Any card valued less than $250
Express 10 Business Days $15 Any card valued less than $500
Priority 5 Business Days $35 Any card valued less than $1,500
Next Day 2 Business Days $85 Any card valued less than $3,500
Same Day Same Day $250 Any card valued less than $7,500
Walk Through Same Day $500 Any card valued less than $20,000
Immediate Same Day $1,000 Any card valued less than $50,000
Premium Same Day $2,000 Any card valued less than $100,000
Super Premium Same Day $3,750 Any card valued $100,000 & above

:eek:
This is why I never send cards in, I would rather send my money on more cards, lol.

KMayUSA6060 02-22-2017 07:49 AM

Quote:

Originally Posted by JustinD (Post 1634078)
:eek:
This is why I never send cards in, I would rather send my money on more cards, lol.

All together now... Amen.

iowadoc77 02-22-2017 08:13 AM

agree
 
I would almost always rather spend someone else's money on the grading. A few exceptions, but this is usually the case for me.

frankbmd 02-22-2017 08:25 AM

Gosh, grading high valued cards must be a lot more difficult.:rolleyes:

bnorth 02-22-2017 08:33 AM

Quote:

Originally Posted by JustinD (Post 1634078)
:eek:
This is why I never send cards in, I would rather send my money on more cards, lol.

For the most part I agree with you. I sent mine in for grading because I am going to sell some of them and it is way easier to sell them graded. I also sent in a complete 59 Fleer Ted Williams set. I am a person who likes to look at and touch my cards. The Williams set is just so nice I did not want to hurt them. Usually I buy lower end cards so my constant fondling doesn't matter.:)

BeanTown 02-22-2017 08:34 AM

If I was really into grading my cards. I would bring a box full of them to a show and take advantage of a show special. SGC might want to have a sliding scale down on the fees, when they don't meet the timeframe the customer paid for. Accountability would be gladly welcomed by most, and it will help the number two used TPG catch up to PSA.

Republicaninmass 02-22-2017 09:01 AM

Last time they were here in NY, it was $35 a card on site

Exhibitman 02-22-2017 09:51 AM

Yeah, except when they decide it should be more. I took them a Clemente RC at the AC National for grading, one that cost me under $500 because it was lower grade. They wanted over $100 to grade it because it was a Clemente RC. We argued for quite a while with them claiming that the card is worth multiple thousands of dollars and my pointing out that it is worth that in better shape but it is a beater that cost me $500, so not. They finally stood firm at $75 and I did it, but it left a really sour feeling about their services. I've found a lot of that at the Nationals with SGC; bait and switch on grading costs. The $35 seems to be the starting point, and they negotiate up from there. Needless to say they aren't especially busy at the show while the PSA booth was swarmed from the moment the place opened.

I have been a fierce critic of PSA in the past and a fan of SGC, but that started changing a couple of years ago. When PSA upgraded its holders, improved its web site dramatically, started offering real, valuable specials to club members, and generally professionalized its approach, that all resonated with me. Add to that the whim and caprice of SGC's pricing, especially for autograph authentication, the poor quality of the large slabs, blown turn times, a stupid club, the idiocy of nearly every card except a basic set getting forced into 'custom cut' inserts at the regular price, and now the prices going up, and I am not really sending them anything like the volume I used to. SGC gets my business if PSA won't grade the issue.

mechanicalman 02-22-2017 11:14 AM

So if you have a card valued around $4K (say a mid-grade T206 Cobb or Goudey Ruth), you will pay $250 at SGC or $95 at PSA.

Yeah, good luck with that, SGC.

sycks22 02-22-2017 11:15 AM

Quote:

Originally Posted by mechanicalman (Post 1634167)
So if you have a card valued around $4K (say a mid-grade T206 Cobb or Goudey Ruth), you will pay $250 at SGC or $95 at PSA.

Yeah, good luck with that, SGC.

+1. I get it that SGC is getting more popular, but PSA still is the top dog.

botn 02-22-2017 12:21 PM

I like SGC more than PSA. Most of my collection is in SGC holders. I think they are more consistent, their holders make cards look better and their customer service is far better than PSA's but this new pricing makes no sense to me. Maybe it is a push to get people to buy memberships in order to take part in the grading discounts? Fact is that card for card by grade, PSA crushes SGC and since most of my submissions for grading are for resale there is no way I could pay more to sell something for less.

ValKehl 02-22-2017 04:20 PM

Quote:

Originally Posted by bnorth (Post 1634071)
This is their new prices. I don't really care about the price changes but I would love to get my cards back that are on business day 34 of a 30 day submission. I sent them in before their 2 weeks off for Christmas/New Years so I actually sent them in 64 calendar days ago.:(

EDIT: Just got a email from SGC that my order will ship today.:)

Ben, methinks SGC saw your post and immediately decided to hurry up and finish grading your submission! Perhaps, if SGC were to focus on grading submissions rather than following what is being said about them online, turn-around times would be shorter. :D
Val

bnorth 02-22-2017 04:31 PM

Quote:

Originally Posted by ValKehl (Post 1634282)
Ben, methinks SGC saw your post and immediately decided to hurry up and finish grading your submission! Perhaps, if SGC were to focus on grading submissions rather than following what is being said about them online, turn-around times would be shorter. :D
Val

LOL, That could be true because I know Matt(Hi Matt) their Director of Operations is a member here. I also sent an email to him yesterday about it though.

CMIZ5290 02-22-2017 04:45 PM

Honestly, why would anyone even worry their selves with SGC on submissions at higher prices? If you had a high end T206, give me a solid PSA 6 over an SGC 84 anytime...I have some SGC graded cards currently on the Net that if comparably graded by PSA, they would be a lot higher in price. Nice, solid cards, but not graded by PSA. From what I have been told, SGC seems to be going thru a very large transition....And for the questions out there, no, it is not that simple crossing SGC to PSA, not at all....

CMIZ5290 02-22-2017 04:57 PM

Quote:

Originally Posted by sycks22 (Post 1634168)
+1. I get it that SGC is getting more popular, but PSA still is the top dog.

Pete- You are a very experienced in prewar cards, but I disagree with your assessment on SGC getting more popular (at least pertaining T206s). I have never seen high SGC graded T206 cards (7's and higher) selling for less than they are now. Yes, they look fantastic in their black holders, I get all of that. But return on investment (high graded cards) trumps that big time....

bobbyw8469 02-22-2017 05:58 PM

Quote:

Originally Posted by CMIZ5290 (Post 1634299)
Pete- You are a very experienced in prewar cards, but I disagree with your assessment on SGC getting more popular (at least pertaining T206s). I have never seen SGC graded cards selling for less than they are now. Yes, they look fantastic in their black holders, I get all of that (as long as they don't slide between the gaskets!). But return on investment trumps that big time....

+1

bobbyw8469 02-22-2017 05:59 PM

I think SGC is shooting themselves in the foot and ruining EVERY SINGLE edge that they had over PSA. In all honesty, I really don't see ANY advantage they have over PSA now.

irv 02-22-2017 07:16 PM

Quote:

Originally Posted by keithsky (Post 1634075)
They say it was a BANNER year for them and then they raise the prices. Wow gee thanks. Great way to repay your loyal customers

Greed breeds greed. :(

sycks22 02-22-2017 07:48 PM

Quote:

Originally Posted by CMIZ5290 (Post 1634299)
Pete- You are a very experienced in prewar cards, but I disagree with your assessment on SGC getting more popular (at least pertaining T206s). I have never seen SGC graded cards selling for less than they are now. Yes, they look fantastic in their black holders, I get all of that (as long as they don't slide between the gaskets!). But return on investment trumps that big time....

I just felt like building up SGC before I ripped them :)

KMayUSA6060 02-22-2017 07:51 PM

Might be coming out of Left Field here, but is it possible they are increasing their price to increase their market value? Not saying it's a smart solution growth wise, but one of the #1 reasons people mention to go with PSA is resale value. With SGC increases their prices, could one of the effects be people ask more for cards graded by SGC, simply because of grading expenses?

kmac32 02-22-2017 11:31 PM

Quote:

Originally Posted by e107collector (Post 1634066)
I got an email a day or two ago from SGC indicating their new grading fee schedule. I forget when it goes into effect

I wish I kept it, but I didn't. The increases are astronomical. Currently, any card valued over $25K is $850.

Now the highest tier is any card over $100K is $3,750.00. Yikes!!!

There was a few tiers between $25K and $100K, but the fees were over $1,000 for each tier.

Does anyone still have the email to post the prices?

Thanks,
Tony


Looked at the fee schedule and wish I had some $25,000.00 cards. For the average collector, price changes will have little or no effect on things.

Kmac

slipk1068 02-23-2017 12:30 AM

4 Attachment(s)
I wonder if they do this with the $25,000 cards.

Exhibitman 02-23-2017 10:50 AM

Slippery Gasket Company...

Edwolf1963 02-23-2017 12:16 PM

Bvg
 
Curious with the SGC adopting the PSA club pricing model and increased rates if Beckett has changed their model at all?

I know there's the never-ending debate on PSA vs. SGC - likes, dislikes, values, consistency, etc - but I rarely hear/see BVG thrown in? I know, I know, BVG resale values pale in comparison (especially to PSA), but I always wondered why? Aside from not liking the bullet-proof holders, I never understood why they are a distant 3rd option and/or garner so much less on resale? The cards that I have seen them grade seem to be fairly consistent - at least as much as PSA and SGC, if not even better. Everyone here has some horror story over PSA grading a creased or paper-loss card (especially prewar) as 4, 5 or better. And those damn qualifiers - inconsistency - one card with worse centering has no qualifier vs. another of the same card which does. I've also heard the common perception that PSA grades bigger spenders less stringently. True or not, if that perception is common place .. and if consistency is very much in question, why then doesn't that chip-away at the perceived value? Isn't that a core reason for why BVG grading is less in-demand/less resale value?

I really not a fan (or hater) of any of them - just curious how/why BVG fell to the 3rd string depths.

SMPEP 02-23-2017 12:33 PM

Ed - they have no registry. So you can't tell everybody how great your collection is. Hence, they are a distant third.

sterlingfox 02-23-2017 12:43 PM

I think BVG is so far behind because their vintage never crosses over at the same grade. It's usually 1 or sometimes even 2 grades higher than it should be. They also let more trimmed/altered cards slip by. I currently own a pre-war BVG slab with a numerical grade that very obviously measures short.

Their BGS brand for modern cards, on the other hand, seems to be a high quality product and sells even better than PSA.

Quote:

Originally Posted by Edwolf1963 (Post 1634553)
Curious with the SGC adopting the PSA club pricing model and increased rates if Beckett has changed their model at all?

I know there's the never-ending debate on PSA vs. SGC - likes, dislikes, values, consistency, etc - but I rarely hear/see BVG thrown in? I know, I know, BVG resale values pale in comparison (especially to PSA), but I always wondered why? Aside from not liking the bullet-proof holders, I never understood why they are a distant 3rd option and/or garner so much less on resale? The cards that I have seen them grade seem to be fairly consistent - at least as much as PSA and SGC, if not even better. Everyone here has some horror story over PSA grading a creased or paper-loss card (especially prewar) as 4, 5 or better. And those damn qualifiers - inconsistency - one card with worse centering has no qualifier vs. another of the same card which does. I've also heard the common perception that PSA grades bigger spenders less stringently. True or not, if that perception is common place .. and if consistency is very much in question, why then doesn't that chip-away at the perceived value? Isn't that a core reason for why BVG grading is less in-demand/less resale value?

I really not a fan (or hater) of any of them - just curious how/why BVG fell to the 3rd string depths.


bnorth 02-23-2017 01:00 PM

I have only directly submitted to SGC and they charge your CC as soon as they receive your cards. I personally think that is BS and they should wait till they are done with your order and they are mailing it back so they have actually earned the $.

How do the other companies do payments?

CMIZ5290 02-23-2017 02:12 PM

Clarification
 
I would like to clarify a couple of things from my post. First of all, I was referring to the submission of raw T206 cards. If SGC's fees are now considerably higher than PSA's, why would you submit to SGC? That defeats the purpose of why you would be using SGC in the first place, doesn't it? Secondly, most of my T206s are high end grade wise. There is a much higher price difference between PSA and SGC with those types of grades (7's and higher), versus middle to lower grades (1's-6's), where the price difference is not that terribly different at all. I realize that most T206 collectors fall into the later, so I thought this was important to note....

Shoebox 02-23-2017 02:23 PM

Quote:

Originally Posted by bnorth (Post 1634570)
I have only directly submitted to SGC and they charge your CC as soon as they receive your cards. I personally think that is BS and they should wait till they are done with your order and they are mailing it back so they have actually earned the $.

How do the other companies do payments?

I know for sure SGC and Beckett charge as soon as the order is received. I imagine PSA does the same.

glchen 02-23-2017 02:30 PM

The fees for SGC are still cheaper than PSA on the low end if you aren't submitting in bulk and/or don't have a membership. The cheapest regular PSA fee is $18 per card for $500 and under declared value. For SGC, it can be $10 for $250 declared value for 20 business days or $15/card for $500 declared value and 10 business days.

SGC also lets you combine tiers and card sizes within a single submission while for PSA, you need to separate each into its own submission with separate shipping costs for each. Therefore, if you have 2 standard cards at the $500 declared value, 3 oversized cards at $500, 1 card at $1000 declared value, and 1 card at $3000 declared value, for PSA, you would have to have four different submissions, each with its own shipping charge (w/ the minimum charge being $18/submission). For SGC, you can combine all of these different cards into one submission, and save on the shipping fees. (Turnaround time will typically default to the slowest tier.)

SGC and Beckett typically charge your order once you receive it. PSA charges when they ship your order. PSA/DNA (e.g., photos) charges when they receive it.

1952boyntoncollector 02-23-2017 02:40 PM

Quote:

Originally Posted by CMIZ5290 (Post 1634584)
I would like to clarify a couple of things from my post. First of all, I was referring to the submission of raw T206 cards. If SGC's fees are now considerably higher than PSA's, why would you submit to SGC? That defeats the purpose of why you would be using SGC in the first place, doesn't it? Secondly, most of my T206s are high end grade wise. There is a much higher price difference between PSA and SGC with those types of grades (7's and higher), versus middle to lower grades (1's-6's), where the price difference is not that terribly different at all. I realize that most T206 collectors fall into the later, so I thought this was important to note....

Well if a card would grade PSA 7 but would grade SGC 8 than even paying the same or a bit higher for grading would make sense there.

CMIZ5290 02-23-2017 02:47 PM

Quote:

Originally Posted by 1952boyntoncollector (Post 1634594)
Well if a card would grade PSA 7 but would grade SGC 8 than even paying the same or a bit higher for grading would make sense there.

Depends on the player, not necessarily though... If it is a very low pop common (Titus, Jake Stahl glove shows, Sherry Magee Port., etc) I would much rather have the PSA 7 hands down. You are now bringing in the high grade PSA registration collectors....Also, pertaining HOFers, I would rather have low pop PSA 7's than comparable SGC 88's....

Republicaninmass 02-23-2017 03:17 PM

Quote:

Originally Posted by Shoebox (Post 1634587)
I know for sure SGC and Beckett charge as soon as the order is received. I imagine PSA does the same.

Negative, psa charges when order is graded

conor912 02-23-2017 03:53 PM

I still don't get it. Do graders spend more time inspecting a $10,000 card than they do a $10 card? If they don't, why does it cost more?

irv 02-23-2017 04:08 PM

Quote:

Originally Posted by frankbmd (Post 1634100)
Gosh, grading high valued cards must be a lot more difficult.:rolleyes:

Quote:

Originally Posted by conor912 (Post 1634617)
I still don't get it. Do graders spend more time inspecting a $10,000 card than they do a $10 card? If they don't, why does it cost more?

I asked exactly that early last year when we were talking about PSA's new price increases.

Someone did reply to state, due to insurance/shipping costs, and maybe a few other things, the price was justified because of the value.
Don't shoot the messenger. :D

Speaking of grading, I just posted in Post war and want everyone to guess which cards graded what and why?
Just having a little fun, but I also want some info to further gain some knowledge.
http://www.net54baseball.com/showthread.php?t=235854

Thanks. :)

steve B 02-23-2017 05:40 PM

Quote:

Originally Posted by CMIZ5290 (Post 1634584)
I would like to clarify a couple of things from my post. First of all, I was referring to the submission of raw T206 cards. If SGC's fees are now considerably higher than PSA's, why would you submit to SGC? That defeats the purpose of why you would be using SGC in the first place, doesn't it? Secondly, most of my T206s are high end grade wise. There is a much higher price difference between PSA and SGC with those types of grades (7's and higher), versus middle to lower grades (1's-6's), where the price difference is not that terribly different at all. I realize that most T206 collectors fall into the later, so I thought this was important to note....

That makes a bit more sense.

I think both companies have their strengths and weaknesses. All of which have been hashed over many times.

For the lower end collectors, it's not much of a change. I usually sent stuff in to SGC on specials, may not do more since the decent specials are now "members only". But most of what I would send in would qualify for the $10 fee so it's only a couple bucks more than I was getting on specials. They've done some stuff lately that I don't like at all. So has PSA.

I can see the PSA/SGC stuff mattering a lot more for higher grades and more expensive cards.

If I was organized enough I'd see about starting my own grading service. It would be tough to get any real traction, but with the right things to make it better I think there's room for at least a couple more.
A much higher end one. Although not quite as high end on fees as SGC is now (Maybe, I mean if you've got the dough to have a 100K card 3K plus for the grading isn't really all that much. )

And a lower end one something like BCCG but not as cheesy and confusing. Just lower fees for cheaper stuff.

Steve B

Dpeck100 02-23-2017 05:59 PM

Quote:

Originally Posted by conor912 (Post 1634617)
I still don't get it. Do graders spend more time inspecting a $10,000 card than they do a $10 card? If they don't, why does it cost more?

They realize they are handing you money and want a piece of the action. It seems pretty fair to me.

Kenny Cole 02-23-2017 08:08 PM

I had already been on hiatus from submitting to SGC due to a couple of other issues/concerns I had. This is bullsh*t IMO and pretty well cements my transition to PSA. Hope it works out for them, but I won't be contributing.

bnorth 02-23-2017 08:14 PM

Quote:

Originally Posted by Kenny Cole (Post 1634717)
I had already been on hiatus from submitting to SGC due to a couple of other issues/concerns I had. This is bullsh*t IMO and pretty well cements my transition to PSA. Hope it works out for them, but I won't be contributing.

What are those issues/concerns?

My grades popped today and 109 of them seemed spot on but 10 of them seemed way off base. I am talking 3 to 4 grades off. Maybe I missed something but I highly doubt it, can't wait to get them back to look at again.

ngnichols 02-23-2017 09:31 PM

Anyone who pays a higher price depending upon what their card is worth is a sucker. The PSA/SGC argument is better than BVG is a crock of crap.

Anyone who knows who's really grading at BGS/BVG knows that Andy Broome does the vintage grading at Beckett and was a senior grader for PSA.

Anyone can go pull out horrible examples/mistakes by each company and use those extremes of why not to utilize that company.

Accuracy AND Consistency is where one should judge each company. The reason Beckett has gotten a bad rap is that they had previously put out they would grade a sheet-cut card so long that it measured up to the measurements set-forth by the card companies.

I would argue that quite a bit of the vintage I've submitted to BVG has been as good or better than PSA examples and has come back with lesser grades.

Shoebox 02-23-2017 11:00 PM

Quote:

Originally Posted by Republicaninmass (Post 1634606)
Negative, psa charges when order is graded

Good to know.

Bruinsfan94 02-23-2017 11:06 PM

Really would be cool if these companies would be more transparent. You think that would be important in a hobby like this. How does one even become a card grader? Are there any former or current graders on this fourm?

Dpeck100 02-24-2017 04:16 AM

Quote:

Originally Posted by ngnichols (Post 1634744)
Anyone who pays a higher price depending upon what their card is worth is a sucker. The PSA/SGC argument is better than BVG is a crock of crap.

Anyone who knows who's really grading at BGS/BVG knows that Andy Broome does the vintage grading at Beckett and was a senior grader for PSA.

Anyone can go pull out horrible examples/mistakes by each company and use those extremes of why not to utilize that company.

Accuracy AND Consistency is where one should judge each company. The reason Beckett has gotten a bad rap is that they had previously put out they would grade a sheet-cut card so long that it measured up to the measurements set-forth by the card companies.

I would argue that quite a bit of the vintage I've submitted to BVG has been as good or better than PSA examples and has come back with lesser grades.



There is a guy that is active in the hobby who had a 1970 Topps Nolan Ryan bump from a PSA 9 to a PSA 10. A $36,000 increase at the time simply because PSA rendered a different and more favorable opinion. When he got the email or call that they were going to charge his credit card more because the value of the card was higher than what service level it was submitted under you really think the first thing that crossed his mind is man I am sucker. You have to be kidding with this statement.

I don't have any cards in this price range but I promise you this that if I ever send in a card and get contacted by PSA saying I owe them more money, the first thing out of my mouth is going to be Woooooooooooooooo!!!!!!!!

irv 02-24-2017 07:01 AM

Quote:

Originally Posted by Dpeck100 (Post 1634662)
They realize they are handing you money and want a piece of the action. It seems pretty fair to me.

I disagree. There is no way a TPG should be charging more to grade a card just because it is worth more. Why should they benefit from your good fortune?

Imo, they should just be glad you chose them as the TPG of choice and not someone else. They also receive free advertising, which, of course, equals more sales, more $$$, when these cards come up for auction.

To me, it's like if you happened upon a $1000 dollar card that you got for a $100, then the next guys says, I will give you $150 because you only paid $100 for it yourself.

Leon 02-24-2017 07:06 AM

It has been done for years.

Go get a coin graded by PCGS and this is their top tier..$250 + 1% of value ..A 2 million dollar coin would be $20,250 to grade....


SERVICE MAXIMUM
COIN VALUE ESTIMATED TURNAROUND
(BUSINESS DAYS) PRICE
RARITIES None** 2 - 5 days $250 + 1%*
WALKTHROUGH $100,000** 2 days $125
EXPRESS $20,000 5 days $60
REGULAR $3,000 15 days $32
ECONOMY(Non-Gold, Non-Hammered)
(Pre-1932 Chinese and Pre-1925 Russian coins must be submitted at the Regular Service level or higher.) $300 20 - 30 days $20
MODERN (1965 to date) $1,000 20 - 30 days $16
MINT ERRORS $20,000 25 - 35 days $60
SPECIAL ISSUES (U.S. - Colonials, Fractional Gold, Patterns, Territorials) $20,000 25 - 35 days $60
GUARANTEE RESUBMISSION
(Charge refunded if coin downgrades) None up to 60 days $25
REHOLDER None** 5 days $12
SHOW SERVICES
SHOW RARITY None** 4 hours $250 + 1%*
SHOW EXPRESS $100,000** 4 hours $250
SHOW $100,000** End of Show $125
SHOW ECONOMY (5-coin min.) $3,000 End of Show $65
SHOW GOLD (U.S. Gold only-10-coin min.) $3,000 End of Show $45
SHOW REHOLDER None** End of Show $12




Quote:

Originally Posted by irv (Post 1634786)
I disagree. There is no way a TPG should be charging more to grade a card just because it is worth more. Why should they benefit from your good fortune?

Imo, they should just be glad you chose them as the TPG of choice and not someone else. They also receive free advertising, which, of course, equals more sales, more $$$, when these cards come up for auction.

To me, it's like if you happened upon a $1000 dollar card that you got for a $100, then the next guys says, I will give you $150 because you only paid $100 for it yourself.


irv 02-24-2017 07:26 AM

Quote:

Originally Posted by Leon (Post 1634787)
It has been done for years.

Go get a coin graded by PCGS and this is their top tier..[B]$250 + 1% of value ..A 2 million dollar coin would be $20,250 to grade....

I hear you, Leon, and I know that is the way it is, and maybe they couldn't stay in business if they didn't do that, but that aside, it makes no sense to me, as I assume they don't do anything more special with a more valuable card than they do with a lesser one.

ngnichols 02-24-2017 07:28 AM

Quote:

Originally Posted by Dpeck100 (Post 1634765)
There is a guy that is active in the hobby who had a 1970 Topps Nolan Ryan bump from a PSA 9 to a PSA 10. A $36,000 increase at the time simply because PSA rendered a different and more favorable opinion. When he got the email or call that they were going to charge his credit card more because the value of the card was higher than what service level it was submitted under you really think the first thing that crossed his mind is man I am sucker. You have to be kidding with this statement.

I don't have any cards in this price range but I promise you this that if I ever send in a card and get contacted by PSA saying I owe them more money, the first thing out of my mouth is going to be Woooooooooooooooo!!!!!!!!

That right there is a joke in-itself. They not only admitted to not correctly grading the card the first time, but double-dipped on him grading fee wise. Did the card magically get better during it's time away from PSA? C'mon. :rolleyes:

The value of PSA cards are vastly over-inflated and are not even remotely superior in quality to anyone else's grading. The main reasons you have the demand you have is their set registry, they are a publicly traded company, and they do coins. Unfortunately none of those things actually has a direct correlation to my cards being graded in a more accurate manner or being of a better quality than another grade from another company. It's a case by case basis and if I am a true collector (I'm not) then I'd want to individually inspect any card I'm buying before I buy it no matter what holder or grade is on it. I wouldn't just blindly buy something in a PSA holder just because.

irv 02-24-2017 07:49 AM

Quote:

Originally Posted by ngnichols (Post 1634794)
That right there is a joke in-itself. They not only admitted to not correctly grading the card the first time, but double-dipped on him grading fee wise. Did the card magically get better during it's time away from PSA? C'mon. :rolleyes:

The value of PSA cards are vastly over-inflated and are not even remotely superior in quality to anyone else's grading. The main reasons you have the demand you have is their set registry, they are a publicly traded company, and they do coins. Unfortunately none of those things actually has a direct correlation to my cards being graded in a more accurate manner or being of a better quality than another grade from another company. It's a case by case basis and if I am a true collector (I'm not) then I'd want to individually inspect any card I'm buying before I buy it no matter what holder or grade is on it. I wouldn't just blindly buy something in a PSA holder just because.

The worse one, that I have heard of, was a member on here who resubmitted a PSA 4 that came back a 7!

I could, maybe, understand a 1 grade bump, but a 3 grade bump is something that should never happen, imo.

As someone told me once on here, PSA really means, Please Submit Again. :)

Aquarian Sports Cards 02-24-2017 08:13 AM

Quote:

Originally Posted by irv (Post 1634792)
I assume they don't do anything more special with a more valuable card than they do with a lesser one.

Well they sure as hell don't look harder for signs of restoration...

irv 02-24-2017 08:16 AM

Quote:

Originally Posted by aquarian sports cards (Post 1634808)
well they sure as hell don't look harder for signs of restoration...

lol. ;)

pokerplyr80 02-24-2017 08:58 AM

Quote:

Originally Posted by Bruinsfan94 (Post 1634756)
Really would be cool if these companies would be more transparent. You think that would be important in a hobby like this. How does one even become a card grader? Are there any former or current graders on this fourm?

I wouldn't count on any current graders publicly acknowledging their position on a forum. Imagine the PMs they would get with cash incentives to bump a card.

As for the SGC prices my guess is the higher rate is due to the risk of damaging the card. But the chances of me sending a 10k plus card before the fee increase to SGC was very low. I would put them at just above 0 now.

bobbyw8469 02-24-2017 09:18 AM

Quote:

Originally Posted by irv (Post 1634800)
The worse one, that I have heard of, was a member on here who resubmitted a PSA 4 that came back a 7!

I could, maybe, understand a 1 grade bump, but a 3 grade bump is something that should never happen, imo.

As someone told me once on here, PSA really means, Please Submit Again. :)

I submitted a 1961 Fleer Bob Cousy that went from a '4' to a '7'. Im sure you are referring to someone else though, as not too many people know about mine. In all honesty, the '7' was the correct grade - it was not a '4' originally. I had it graded, and knew the card looked WAYYYYYY better than a '4'.

Section103 02-24-2017 09:22 AM

Quote:

Originally Posted by Dpeck100 (Post 1634765)
There is a guy that is active in the hobby who had a 1970 Topps Nolan Ryan bump from a PSA 9 to a PSA 10. A $36,000 increase at the time simply because PSA rendered a different and more favorable opinion. When he got the email or call that they were going to charge his credit card more because the value of the card was higher than what service level it was submitted under you really think the first thing that crossed his mind is man I am sucker. You have to be kidding with this statement.

I don't have any cards in this price range but I promise you this that if I ever send in a card and get contacted by PSA saying I owe them more money, the first thing out of my mouth is going to be Woooooooooooooooo!!!!!!!!


Everybody in the hobby will turn a blind eye to this because so many chase grades and because - hey, we can be the beneficiary as well - but ultimately the situation you just described is a text book definition of conflict of interest.

Dpeck100 02-24-2017 09:25 AM

Quote:

Originally Posted by Section103 (Post 1634820)
Everybody in the hobby will turn a blind eye to this because so many chase grades and because - hey, we can be the beneficiary as well - but ultimately the situation you just described is a text book definition of conflict of interest.


Please elaborate. The person I am referencing is just a collector who was fortunate enough to buy a card they felt was under graded and paid money to have PSA look at it again. It worked out in this case. There are plenty of cards that get sent in and returned with the money kept.

Section103 02-24-2017 09:30 AM

Quote:

Originally Posted by Dpeck100 (Post 1634823)
Please elaborate. The person I am referencing is just a collector who was fortunate enough to buy a card they felt was under graded and paid money to have PSA look at it again. It worked out in this case. There are plenty of cards that get sent in and returned with the money kept.

Its quite simple. PSA graded a previous 9 as currently 10. As such, they gained financially by being able to charge more than if it had stayed a 9. They had clear, direct financial incentive to increase the grade and benefitted monetarily because of it. The grade may or may not have been warranted - but it matters not in the least. The conflict of interest is there.

ngnichols 02-24-2017 09:43 AM

Quote:

Originally Posted by pokerplyr80 (Post 1634816)
I wouldn't count on any current graders publicly acknowledging their position on a forum. Imagine the PMs they would get with cash incentives to bump a card.

As for the SGC prices my guess is the higher rate is due to the risk of damaging the card. But the chances of me sending a 10k plus card before the fee increase to SGC was very low. I would put them at just above 0 now.

The higher rate is because they are greedy like PSA.

I understand that me being able to walk in to Beckett and get a 1952 Topps Mickey Mantle graded on the spot for $50 is an immense value, BUT charging someone $1,000 or whatever for the same process is an absolute ripoff and a joke. Where the happy medium is.....I don't know, but I know that I'm getting a better overall deal with price and turnaround time with Beckett being in my back-yard.

BobC 02-24-2017 09:46 AM

[QUOTE=Leon;1634787]It has been done for years.

Go get a coin graded by PCGS and this is their top tier..$250 + 1% of value ..A 2 million dollar coin would be $20,250 to grade....


Leon, I'm not picking on you personally but, just because something has been done a certain way for years doesn't make it right, or mean that it should be continued.

Been a CPA my entire adult life and the only real thing a CPA does, that no one else can, is give their opinion about someone's financial information. The operative word is "opinion", which is all it ever is or can be. These financial statement "opinions" are done so owners/others know where they stand as far as the financial state of their businesses and affairs but, they are also extremely critical when people go to buy or sell companies in determining values and price for such transactions. Pretty much what a TPG does when they give an opinion on a card's grade so the owner knows what shape it is in, and can also use that opinion to assist in determining the value of it for sale.

As a CPA, I am bound by professional ethics and rules to act in a completely independent and ethical manner. I am strictly PROHIBITED from doing anything as a CPA on a contingency basis, which is exactly what giving an opinion on a card, and then charging someone for that opinion based not on the actual work performed but, the perceived value of the card, is! The reason a CPA is not allowed to provide a financial opinion based on a contingent fee is because if they did, they would no longer be considered "independent" of the people/company they were doing the work for in the first place. In other words, my "opinion" would be considered tainted due to my not being independent and the "opinion" would be deemed worthless.

The only reason we haven't held these TPG companies to similar standards is not their fault, it is the collecting community's fault in not demanding it of them.

BobC

orly57 02-24-2017 09:51 AM

1 Attachment(s)
Sgc is about a 45 minute drive from my house. They are great guys and give fantastic customer service. The owner is accessible and friendly. They are consistent (even if I don't always agree with the standards, at least they follow them). And finally, their holders are so much nicer. As an investor, psa gets more money (for now anyway), but as a collector, I like looking at my cards, and their holders really make them pop. Look at these two similar Cobb's side by side. Can anyone even attempt to argue that it looks better in a psa holder???

Leon 02-24-2017 09:52 AM

I wasn't defending the practice and I agree with you. I was only pointing out it has been being done for years. I am guessing CU has a few lawyers on retainer so I doubt it's illegal and I agree it seems like a conflict of interest to me too.

[QUOTE=BobC;1634834]
Quote:

Originally Posted by Leon (Post 1634787)
It has been done for years.

Go get a coin graded by PCGS and this is their top tier..$250 + 1% of value ..A 2 million dollar coin would be $20,250 to grade....


Leon, I'm not picking on you personally but, just because something has been done a certain way for years doesn't make it right, or mean that it should be continued.

Been a CPA my entire adult life and the only real thing a CPA does, that no one else can, is give their opinion about someone's financial information. The operative word is "opinion", which is all it ever is or can be. These financial statement "opinions" are done so owners/others know where they stand as far as the financial state of their businesses and affairs but, they are also extremely critical when people go to buy or sell companies in determining values and price for such transactions. Pretty much what a TPG does when they give an opinion on a card's grade so the owner knows what shape it is in, and can also use that opinion to assist in determining the value of it for sale.

As a CPA, I am bound by professional ethics and rules to act in a completely independent and ethical manner. I am strictly PROHIBITED from doing anything as a CPA on a contingency basis, which is exactly what giving an opinion on a card, and then charging someone for that opinion based not on the actual work performed but, the perceived value of the card, is! The reason a CPA is not allowed to provide a financial opinion based on a contingent fee is because if they did, they would no longer be considered "independent" of the people/company they were doing the work for in the first place. In other words, my "opinion" would be considered tainted due to my not being independent and the "opinion" would be deemed worthless.

The only reason we haven't held these TPG companies to similar standards is not their fault, it is the collecting community's fault in not demanding it of them.

BobC


oldjudge 02-24-2017 09:56 AM

Correct me if I am wrong, but I believe SGC guarantees the grade on their card. The potential liability from grading a very valuable card is much higher than the potential liability from grading a $25 card. That, and the cost of insuring the card while in their possession is also higher. I'm sure this explains at least part of SGCs cost structure.

glchen 02-24-2017 10:12 AM

Right, the rationale between charging more for a higher declared value is that the TPG's guarantee the authenticity of the card and the grade. (I know folks will argue about the WWG Dimaggio since it looks like PSA isn't backing off the 7, but let's not get into that here.) Therefore, if the TPG is incorrect, they have to pay for the difference in the value of the card between the correct and incorrect grades or entire value if the card were not authentic. You can think of this as a kind of "insurance," so if the TPG has a higher liability on the card, it would only be fair that they would charge more for that. For example, I believe SGC may have had to pay out due to incorrectly authenticating a few D350-3 cards a couple of years ago including a Ruth (Link) which could have cost them tens of thousands of dollars. (As a result of this, I believe SGC is now no longer putting many stamped back variations on the flip.) Therefore, it seems justified to me that a TPG take higher fees for a 10K card than a $10 card due to these liability issues. In addition for higher dollar cards, I believe that the TPG does spend more time with the card. I remember on the PSA forum, in one thread (Link), SGC did not certify the grade for the card because it would be very valuable with that grade, so they wanted another grader to confirm the grade on that card before they allowed the grade to pop. And that grader was on vacation for that week, so the submitter would need to wait a little longer to receive the their card back even though they paid for a 2 day service level. So it is both greater liability and greater attention to the more valuable cards that factors into the higher service fees.

I just wanted to add that Beckett actually does not charge a different service fee for the declared value of the card. They only charge different fees based upon turnaround time. Only PSA and SGC charge different fees based upon declared values. So you can say it can be a business decision by the TPG also.

botn 02-24-2017 10:16 AM

Quote:

Originally Posted by oldjudge (Post 1634839)
Correct me if I am wrong, but I believe SGC guarantees the grade on their card. The potential liability from grading a very valuable card is much higher than the potential liability from grading a $25 card. That, and the cost of insuring the card while in their possession is also higher. I'm sure this explains at least part of SGCs cost structure.

Both PSA and SGC have a guarantee on their grades however neither company buys back as many cards as they should however SGC is probably better at honoring their guarantee. I know they cannot possibly be worse than PSA in this regard. Anyway, if the graders are doing their job then there should be no reason to have to offer a guarantee on their opinions.

1952boyntoncollector 02-24-2017 10:34 AM

has anyone on this board ever enacted the PSA guarantee and was compensated?

Dpeck100 02-24-2017 10:38 AM

Quote:

Originally Posted by 1952boyntoncollector (Post 1634845)
has anyone on this board ever enacted the PSA guarantee and was compensated?

I purchased a card from a collector/seller that had a wrinkle that was either missed or happened during the sealing process. I worked with him and PSA and he was compensated fairly. It stunk for me because it was a Pop 1 PSA 9 and I sold my other highest copy as it was being mailed to me. A real bummer.

bobbyw8469 02-24-2017 10:39 AM

Quote:

Originally Posted by Section103 (Post 1634826)
Its quite simple. PSA graded a previous 9 as currently 10. As such, they gained financially by being able to charge more than if it had stayed a 9. They had clear, direct financial incentive to increase the grade and benefitted monetarily because of it. The grade may or may not have been warranted - but it matters not in the least. The conflict of interest is there.

Agreed!! Even more so in the fact, that if you were to cover up the flips, I doubt very seriously you can spot out a '9' vs a '10'.

KMayUSA6060 02-24-2017 10:56 AM

Quote:

Originally Posted by bobbyw8469 (Post 1634848)
Agreed!! Even more so in the fact, that if you were to cover up the flips, I doubt very seriously you can spot out a '9' vs a '10'.

And this is where the grading industry starts to stink. We're talking minuscule details that lead to a card being a 10 instead of a 9, and vice versa. You can't tell me those minuscule details warrant the $$$ asked of the customer, even if the card being a 10 jumps the value of it astronomically.

I will say this, though. If they are combining turn-around time with value, it ultimately makes sense to charge more. As previously stated by others in this thread, there is more risk in handling a more expensive card. However, I think the ball is dropped from a customer service/integrity stand point when A) the customer is asked to pay up front, and B) when a card has a 2-3 grade increase, the customer is asked to pay more. Regarding "A", what person in their right mind would pay someone up front for a service? I wouldn't even recommend that if you're working with a family member, let alone a stranger. In regards to "B", I think a system should be developed to have the customer provide their grade assumption of each card. If the card comes back with a 1-2 grade difference, they should not be asked to pay more. But if there's an obnoxious attempt to screw over the company, yeah, pay more. Forgive me if such a system is already in place, as I have never submitted a card for grading, just my thoughts.

BobC 02-24-2017 11:43 AM

Leon,

I knew you weren't defending the practice, which is why I apologized up front in case you thought i was responding specifically to what you said. You are also correct in that what the TPGs are doing is not illegal. As with being a CPA, if I do a job and charge a contingent fee to someone, I could potentially be brought up before the Accountancy Board of whatever state I am in and lose my license to practice for doing that. I could also be sued if something goes wrong or bad in a deal that then relied upon my opinion.

CPAs self-regulate and have to undergo peer review every so often to keep and maintain our licenses to practice, as we supposedly adhere to one, common set of rules that all practicing CPAs are supposed to follow. This is where the TPGs really differ, they can all make up their own rules and grading criteria however they want, because no one else forces them to follow anything else. Wouldn't it be interesting if TPGs had a similar peer review requirement and every so often one TPG would have some of their people go over to another TPG and review their work to see if they did it properly and followed the rules. That is where accountability and transparency starts to come in to a practice like this.

BobC

1952boyntoncollector 02-24-2017 11:54 AM

Quote:

Originally Posted by BobC (Post 1634866)
Leon,

I knew you weren't defending the practice, which is why I apologized up front in case you thought i was responding specifically to what you said. You are also correct in that what the TPGs are doing is not illegal. As with being a CPA, if I do a job and charge a contingent fee to someone, I could potentially be brought up before the Accountancy Board of whatever state I am in and lose my license to practice for doing that. I could also be sued if something goes wrong or bad in a deal that then relied upon my opinion.

CPAs self-regulate and have to undergo peer review every so often to keep and maintain our licenses to practice, as we supposedly adhere to one, common set of rules that all practicing CPAs are supposed to follow. This is where the TPGs really differ, they can all make up their own rules and grading criteria however they want, because no one else forces them to follow anything else. Wouldn't it be interesting if TPGs had a similar peer review requirement and every so often one TPG would have some of their people go over to another TPG and review their work to see if they did it properly and followed the rules. That is where accountability and transparency starts to come in to a practice like this.

BobC


Can have a company that reviews the reviews as well...and do a IGR 'independent grade review'

as far as regulations and having universal procedures in place, its all all about regulation...and freedom from regulation. People differ on that issue in many areas besides baseball cards

conor912 02-24-2017 02:31 PM

Quote:

Originally Posted by Dpeck100 (Post 1634662)
They realize they are handing you money and want a piece of the action. It seems pretty fair to me.

Ha. Wow. That would be like putting an addition onto your house and your contractor wanting a cut of the value the addition just added.

Exhibitman 02-24-2017 03:02 PM

Just never get cheated...

I bought this in a 2 holder, cracked and resubbed:

http://photos.imageevent.com/exhibit...20Maglie_1.jpg

irv 02-24-2017 03:15 PM

Quote:

Originally Posted by conor912 (Post 1634917)
Ha. Wow. That would be like putting an addition onto your house and your contractor wanting a cut of the value the addition just added.

That's a much better example than the one I used to try to get the point across! :)

Quote:

Originally Posted by Exhibitman (Post 1634923)
Just never get cheated...

I bought this in a 2 holder, cracked and resubbed:

http://photos.imageevent.com/exhibit...20Maglie_1.jpg

WOW! :eek:

I am curious what would/would have happened if you left that card slabbed?

Would have another TPG or Joe himself, asked the previous TPG what he was thinking or would the card remain a 2 as to not admit they screwed up?

bnorth 02-24-2017 04:25 PM

Quote:

Originally Posted by conor912 (Post 1634917)
Ha. Wow. That would be like putting an addition onto your house and your contractor wanting a cut of the value the addition just added.

To be fully honest as a contractor for 20 years. We didn't want a cut of your addition. We did charge you more for the SAME EXACT addition if you have a 800K house compare to a 300K house.

irv 02-24-2017 05:13 PM

Quote:

Originally Posted by bnorth (Post 1634948)
To be fully honest as a contractor for 20 years. We didn't want a cut of your addition. We did charge you more for the SAME EXACT addition if you have a 800K house compare to a 300K house.

Is that a typo where you meant to say "We didn't" or did you purposely charge more because you knew the people with the $800,000 dollar house likely had more money?

bnorth 02-24-2017 05:31 PM

Quote:

Originally Posted by irv (Post 1634970)
Is that a typo where you meant to say "We didn't" or did you purposely charge more because you knew the people with the $800,000 dollar house likely had more money?

I 100% guarantee the nicer/more expensive your house is the more you will pay a contractor for the same exact work. No none of them are going to admit to it but that is how it really works.

irv 02-24-2017 05:39 PM

Quote:

Originally Posted by bnorth (Post 1634979)
I 100% guarantee the nicer/more expensive your house is the more you will pay a contractor for the same exact work. No none of them are going to admit to it but that is how it really works.

I'm sure it goes on, but what would happen if the owners of the bigger house knew the owners of the smaller house and knew what they paid?

I am sure that happens too, and may explain why so many of these contractors eventually go out of business?

bnorth 02-24-2017 05:45 PM

Quote:

Originally Posted by irv (Post 1634980)
I'm sure it goes on, but what would happen if the owners of the bigger house knew the owners of the smaller house and knew what they paid?

I am sure that happens too, and may explain why so many of these contractors eventually go out of business?

Actually that is funny, most contractors go out of business because they suck at one of the many aspects of running a business.

There are many good reasons the owner of the more expensive house is paying more for the same exact thing.

If interested Dale I can explain it to you in a PM because I can guarantee people with $ will not understand and will be offended.


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