SGC-Incredible Turnaround Time!!!

[jimmer77]

I sent a submission there on Monday 10/17, received by SGC on 10/20, graded and shipped 10/21... it's amazing

[Oscar_Stanage]

another post about SGC turnaround times...
it baffles me why people think this is a good thing for the company.

[Lorewalker]

Originally Posted by jimmer77

I sent a submission there on Monday 10/17, received by SGC on 10/20, graded and shipped 10/21... it's amazing

What would be amazing is if SGC maintains these turnaround times coupled with reasonable grading fees well into the future. My guess is that they are getting significantly fewer cards and have the same number of staff that they had at the peak.

If they are willing to work on lower margins, and they continue to offer reasonable grading fees with incredible turnaround times, fantastic. My hunch is that this is very temporary until they decide to lay off and cut overhead. What was once being done in a day will then be done in a month.

[BobbyVCP]

Looks like the Card Craze has come to an end and back to normal...no more long waits and crazy prices, for grading at least

[raulus]

Originally Posted by Lorewalker

What would be amazing is if SGC maintains these turnaround times coupled with reasonable grading fees well into the future. My guess is that they are getting significantly fewer cards and have the same number of staff that they had at the peak.

If they are willing to work on lower margins, and they continue to offer reasonable grading fees with incredible turnaround times, fantastic. My hunch is that this is very temporary until they decide to lay off and cut overhead. What was once being done in a day will then be done in a month.

Most of us PSA fanboys would be pretty ecstatic about 1 month turnaround time, particularly at the bulk service/price level.

[Lorewalker]

Originally Posted by raulus

Most of us PSA fanboys would be pretty ecstatic about 1 month turnaround time, particularly at the bulk service/price level.

I remember the days when bulk $5 or $6 per card would take up to a month and how frustrating it was when it took closer to 6 weeks. Now we can pay PSA $100 per card and wait at least a month to get it back. And most of us will do that well before we would pay SGC $18 to $24 per card for 1 week door to door service.

[raulus]

Originally Posted by Lorewalker

I remember the days when bulk $5 or $6 per card would take up to a month and how frustrating it was when it took closer to 6 weeks. Now we can pay PSA $100 per card and wait at least a month to get it back. And most of us will do that well before we would pay SGC $18 to $24 per card for 1 week door to door service.

With any luck, all of this capacity that PSA has developed will chew through their backlog, and if submissions stay low, then they will have to lower their prices to keep all of those graders busy, with hopefully quicker turnaround to boot!

But right now, that seems more like wishful thinking more than a solid conviction.

[Peter_Spaeth]

Originally Posted by raulus

With any luck, all of this capacity that PSA has developed will chew through their backlog, and if submissions stay low, then they will have to lower their prices to keep all of those graders busy, with hopefully quicker turnaround to boot!

But right now, that seems more like wishful thinking more than a solid conviction.

Nobody is seriously threatening their very high market share. It seems to me the biggest risk to them is if overall market submissions drop, because prospectors change their minds about submitting endless volumes of new stuff.

[raulus]

Originally Posted by Peter_Spaeth

Nobody is seriously threatening their very high market share. It seems to me the biggest risk to them is if overall market submissions drop, because prospectors change their minds about submitting endless volumes of new stuff.

Precisely.

[Lorewalker]

Originally Posted by raulus

With any luck, all of this capacity that PSA has developed will chew through their backlog, and if submissions stay low, then they will have to lower their prices to keep all of those graders busy, with hopefully quicker turnaround to boot!

But right now, that seems more like wishful thinking more than a solid conviction.

My, admittedly cynical opinion, is that PSA and SGC lay off people to keep profits high before they maintain the overhead simply to provide us better turnaround times. Especially in PSA's case, they know we will wait 18 months to get cards back and the way we show how upset we are is to keep sending them more and more stuff.

Not sure how much lower prices can go at SGC but PSA could lower bulk rates but I doubt they will lower any other grading tiers. Maybe PSA will start to offer regular monthly specials for the high tiers as things continue to slow down.

[Snowman]

I keep reading that PSA outsells SGC every time. Meanwhile, I keep crossing laughably undergraded PSA slabs into accurately graded SGC holders.