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Old 01-06-2009, 01:52 PM
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Default GAI files for Chapter 11 bankruptcy protection

Posted By: E, Daniel

I think I will be the first to say it, it changes the long held uberhold of PSA prices mythology.....

BUT YES!!!
YES YES YES.

I would suggest keeping an eye on auction house results for SGC material at grades equivalent to PSA's, and that includes 50's and 60's issues. What makes it difficult is that cards can have quite different appearances while graded at the same tier, but my impression over the last 12 months is that SGC has not just drawn even, but pulled past PSA in many sales results for same graded cards. Especially at the higher tiers where the graded populations become sparse.
Unfortunately per the SGC system of grading, their methodology does not translate to mid-80's cards and newer. This is especially egregious in centering, and I wouldn't have anything post 85' outside a BGS holder.

I will go further on the Forum record as saying that in the next ten years prices will continue that trend and that SGC cards will carry a 15-20% premium over PSA material.




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