Quote:
Originally Posted by bnorth
Why are SGC cards losing value? Sale price really means nothing if you do not account for purchase price.
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true purchase price counts..if both cards are a '3' and the sgc is bought for 100 and the psa is bought for 200....and they sell for the same amounts...than neither card lost value
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....