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Old 01-03-2023, 09:42 PM
BobC BobC is offline
Bob C.
 
Join Date: Apr 2009
Location: Ohio
Posts: 3,276
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Quote:
Originally Posted by Lorewalker View Post
Hi Bob,

I had posted in that thread you linked. I was puzzled by the CSG and PWCC relationship and I guess I still am. I think that PWCC still has a pretty large following so I get the attraction to establishing the working relationship but given that, as far as we know, PWCC is still under a federal investigation and the controversy of being booted off of eBay for shill bidding, I think CSG could have gone with someone else....anyone else, actually. The association by no means suggests CSG supports the fraudulent activity but as a new(ish) TPG you would think they might want to start off working with cleaner entities...assuming there are some.

CSG seems to have so far have a very clean cut approach to the hobby and the parent company is highly respected. If any of their subsidiary grading companies have been subject to any unethical conduct that would be news to me. I am not sure an ethical grading company can thrive in our hobby but if one can, CSG seems to be the only candidate.

Chase
Hey Chase,

I remember, and for the record, you are not one of the people I was referring to with the change in thinking in regard to CSG. LOL

Like you, I was surprised with them when they linked up with PWCC also, but thought it would still be interesting to try to civilly discuss why they would do such a thing. I agree that on the surface, such a partnership didn't make sense for a newcomer like CSG, and doing so would likely not help their business or reputation. The anti-CSG comments and sentiment in that other thread were very quick to come. I was thinking that by agreeing to work with PWCC, CSG was looking to get as many graded cards in their holders, and then out in the hobby, as quickly as possible. If you want to compete against the TPG big boys, you need to get a presence in the hobby and get your name out there as much as possible, right? And probably the best way to do that is to have as many of your graded cards circulating in the hobby marketplace as possible. And even if initially sold through PWCC, once those cards in CSG holders are out there in the marketplace, no one really remembers or knows where they originally came from, do they? And as others have mentioned in this and other threads, they're planning to withhold doing anything with CSG until they see them getting more hobby acceptance and have their cards start being listed in more auctions by some of the better, more well-known AHs. Which makes perfect, logical sense. And all the more reason it makes even more sense as to why CSG would have ever agreed to such a deal with PWCC, even given PWCC's history, reputation, and ongoing FBI investigation. CSG was simply looking to get as many people's cards graded, as fast as they can and out in the marketplace, and it appears they took an educated, business risk, to partner-up with PWCC in doing so. And as has been noted by many forum members to date that it appears no repercussions are coming down on PWCC from their alleged wrongful activities (at least not yet), it seems CSG might have made a smart business decision after all.

But like you and others, I also hope that they do not later on get found to have engaged or collaborated in any conspiracy or other illegal activities, and end up doing a much better job than the other TPGs did in detecting and stopping the grading and encapsulation of altered/doctored cards.

The comments and automatic denigration of CSG by some members in that earlier thread was appalling. They simply tried, convicted and condemned CSG as being no good and literally engaging in criminal activity, with absolutely no evidence, proof, or indication of any wrongdoing, other than they agreed to work with and grade cards for PWCC customers. Meanwhile, those same people who immediately condemned and vowed to never use CSG, failed to make any similar statements about pretty much all the other TPGs that are actually known to have worked with PWCC before, and had been found to have encapsulated altered/doctored cards supposedly funneled through to them by PWCC.

I'm still holding out hope that CSG might be a positive influence in the TPG arena, and at least keep the other TPGs as honest, fair, and affordable for those that want to still use them, as possible. A competing Registry against the current de facto monopoly Registry in the hobby would be a big positive also, IMO. Only time and the future will tell. But by the lack of almost immediate, blistering comments, denigrating CSG when mentioned in this thread, it sure seems they're slowly gaining some overall acceptance in the hobby after all.

Hope you had a great Christmas and New Year's Chase.
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