Wow psa blowing away competitors

[raulus]

Originally Posted by gonefishin

Nope, you hit it right on the head. I did it - I went right back to PSA and submitted about 40-50 cards under their vintage grading special. I guess I'm just trying to figure out why I did it when I was very satisfied with SGC. Maybe it was because in my mind they would hold more market value with PSA than SGC. Maybe it's because I've been submitting cards to PSA forever.

The comparative submission numbers were stunning.

I would just find it interesting to know why other members went back to PSA that were also very satisfied with SGC. Maybe it's not one thing but a combination of several; market acceptance, PSA Registry, Branding, advertising, location, public shows, etc. etc.

By the way, I'm retired and don't have a "Dog In the Fight" one way or the other.

I'll have to figure out why I did on my own.

HA.

I’m not going to psychoanalyze you, if for no other reason than my accounting training isn’t much help.

It does seem like there are plenty of SGC acolytes around here, many of whom proclaim their intent to stay away from PSA. I’m guessing that’s largely a function of the crowd that hangs out around here.

For me personally, I’ve never submitted to SGC. When I first got back into the collecting world about 7 years ago, I merely bought pre-graded items. And with the registry, I somewhat unwittingly went with PSA, also in part because PSA graded items were more abundantly available, not realizing at the time that in some ways, I was sort of locking myself into their system.

Over the years, I’ve sent items in to PSA for grading, although typically only because some low-pop items weren’t available on the market, and this was the only way to fill out my sets. If I had to guess, I’ve probably spent about $15k on having items graded at PSA, although the majority were at the “old” bulk pricing of $8 apiece.

I really don’t have anything against SGC. Certainly I wish them luck, if for no other reason than having some healthy competition will help to keep the 800 pound gorilla in the industry from taking over everything and all of the insalubrious outcomes that arise from having a de-facto monopoly. At the same time, some would probably argue that we are already there!