Quote:
Originally Posted by BobC
CSG may be "fresh" to card grading, but not to collectibles grading. Look up their parent company, Certified Collectibles Group (CCG). They have money, business smarts, and experience backing them. They also, if I understand correctly, currently charge a much more reasonable fee for their typical grading service than other TPGs, and their turnarounds times from what I've heard others occasionally posting about here on the forum seem to always meet (if not actually be faster than) their posted deadlines. They likely made a sweetheart deal with Ebay at some flat, fixed rate, that other TPGs either wouldn't, or couldn't.
CSG likely has their ultimate sights set on taking over as the perceived top card TPG from PSA. They have the backing, connections, and wherewithal to be in this TPG game long-term. For example, one of the big investors in the CCG parent company is Michael Zubin, founder and executive chairman of Fanatics. Fanatics ownership also includes to my knowledge the NBA, NFL, NHL, and MLB, as well as the player's unions/organizations for all four sports leagues as well. And if you remember, Fanatics has apparently taken over the future card licensing rights for the teams and players of these four major sports leagues as well. And this development caused Topps scheduled billion dollar IPO bid to be shot down in flames last year, and subsequently led to Fanatics then buying Topps for half of their expected IPO price. I think all of that is not a series of unrelated coincidences, and the ownership in CSG by Fanatics founder is a definite connection to eventually be further exploited by the parties involved. What they do next, and going forward, will be interesting.
|
Yes, I was aware but I appreciate your putting this all down in a post for those who might benefit.
In response to the highlighted portion of your comment: most assuredly.
Granted, the parent company is far from new (I want to say they predate PSA's founding by a year), but their card division is the newest of the players who people pay any attention to. I can't base my feelings for a new branch of a company on the success of other divisions. That reputation has to be earned on its own accord, but that's just my personal reasoning. Please forgive the sidetrack. Back to the subject at hand!