Quote:
Originally Posted by raulus
It’s a tough club to really break into. Obviously the biggest issue is stuff in their slabs tends to sell for a discount, and often a big discount. So there’s not a huge motivation for would-be sellers to rush out and get their stuff into CGC slabs.
Almost seems like a chicken and egg situation. Or a reverse Yogi. No one grades there anymore because it doesn’t increase values.
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I don't think it's a chicken and egg. I think plenty of people gave them a chance -- their numbers at one point were pretty good -- but the cards didn't sell except for a very low percentage of equivalent PSA cards. That to me says either marketing failure or inferior quality or both. Nothing circular about that. PSA of course also has a huge advantage with the registry, the pop report, the auction prices realized tool, and the cert. lookup, whatever you think of them it's a highly functional website.