Quote:
Originally Posted by Dpeck100
OMG I just read through that thread and it is shocking.
I always knew Beckett found itself in a tough spot once they lost so much market share to PSA and had their subscription business collapse in the early to mid 2000's but this is very serious.
Not only does is say they are tying submitters money up the entire time which is north of a year at this point, there is also no communication. There are definitely plenty of collectors who have and love BGS graded cards but this kind of reputational damage can really be an issue for any company. They can't afford to lose their hard core BGS fans at this point.
This is going to be very interesting to follow as the length of wait has been consistently growing so it doesn't necessarily have to stop at 12 months.
I am not in anyway privy or even suggesting BGS goes under right now but if they did what happens to your cards? Would they be easy to get back? Sounds scary.
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One would think this must be having a drastic effect on new submissions so the problem should self-correct, if they survive that is