Collectors (PSA) Acquired SGC

Fred · #1 03-03-2024, 08:56 AM

After reading through this thread there seems to be "SGC" and "PSA" collectors. I'm neither. I collect cards that may or may not be encapsulated and if encapsulated, it could be by either (or different) TPG plastic housing the cards.

I'm not going to bust the card out of a piece of plastic because of some BS brand loyalty to a TPG whose subjectivity is just as bad as the other TPG.

In the end, does it really matter? It's a piece of plastic with a paper flip. I can't imagine why the encapsulation is going to influence the pricing that much.

I get it, if it's in a PSA slab it may get a little more money, but do people really think that because it's not in PSA plastic, the card is going to be worth so much less?

The writers of Seinfeld could have had a field day with this topic. I could see Larry David poking a lot of fun at this in Curb Your Enthusiasm.

cdogstu99 · #2 03-03-2024, 09:12 AM

PSA To Buy SGC � Should This Card Grading Monopoly Be Allowed?

https://allvintagecards.com/psa-to-buy-sgc-monopoly/

cgjackson222 · #3 03-03-2024, 10:39 AM

Quote:

Originally Posted by cdogstu99

PSA To Buy SGC � Should This Card Grading Monopoly Be Allowed?

https://allvintagecards.com/psa-to-buy-sgc-monopoly/

I think the purchase of SGC will go completely under the radar of the FCC because "For 2024, the size-of-transaction threshold for reporting proposed mergers and acquisitions under Section 7A of the Clayton Act will adjust from $111.4 million to $119.5 million". I believe the purchase of SGC was/will be slightly less than $119.5

Even if it was above the $119.5 threshold should the FCC apply resources/scrutiny to this completely non-essential service?

Peter_Spaeth · #4 03-03-2024, 10:47 AM

Quote:

Originally Posted by cgjackson222

I think the purchase of SGC will go completely under the radar of the FCC because "For 2024, the size-of-transaction threshold for reporting proposed mergers and acquisitions under Section 7A of the Clayton Act will adjust from $111.4 million to $119.5 million". I believe the purchase of SGC was/will be slightly less than $119.5

Even if it was above the $119.5 threshold should the FCC apply resources/scrutiny to this completely non-essential service?

You mean the FTC, not the FCC, but yes it's under reportable thresholds.

cgjackson222 · #5 03-03-2024, 11:30 AM

Quote:

Originally Posted by Peter_Spaeth

You mean the FTC, not the FCC, but yes it's under reportable thresholds.

I mean the Federal Collectables Commission (Ba Dum Tiss, slaps self congratulatory five)

ullmandds · #6 03-03-2024, 11:19 AM

Quote:

Originally Posted by Fred

After reading through this thread there seems to be "SGC" and "PSA" collectors. I'm neither. I collect cards that may or may not be encapsulated and if encapsulated, it could be by either (or different) TPG plastic housing the cards.

I'm not going to bust the card out of a piece of plastic because of some BS brand loyalty to a TPG whose subjectivity is just as bad as the other TPG.

In the end, does it really matter? It's a piece of plastic with a paper flip. I can't imagine why the encapsulation is going to influence the pricing that much.

I get it, if it's in a PSA slab it may get a little more money, but do people really think that because it's not in PSA plastic, the card is going to be worth so much less?

The writers of Seinfeld could have had a field day with this topic. I could see Larry David poking a lot of fun at this in Curb Your Enthusiasm.

I agree with most of this...EXCEPT that only card nerds would appreciate a curb episode on this topic...not funny for the masses!

I could see a documentary on the comical corruption of the sports card hobby someday on tbs or the history channel.

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