SGC Going Away?

[CaramelMan]

Originally Posted by Balticfox

So if SGC is shut down, will SGC graded cards plummet in price?

Plummet? Def no

There is too much value in SGC OJ for the value to “plummet”…

The majority of “old school” collectors of OJ (on this site) won’t care if SGC doesnt slab more cards…they will be content and trade their “old school” graded cards regardless of new inventory…going “defunct” does not negate the decades of expertise overnight..

[DeanH3]

Originally Posted by CaramelMan

Plummet? Def no

There is too much value in SGC OJ for the value to “plummet”…

The majority of “old school” collectors of OJ (on this site) won’t care if SGC doesnt slab more cards…they will be content and trade their “old school” graded cards regardless of new inventory…going “defunct” does not negate the decades of expertise overnight..

Well said. I don't see why the value of SGC cards would decline. SGC would cease not because of nefarious reasons, but due to a business decision.

[raulus]

Originally Posted by DeanH3

Well said. I don't see why the value of SGC cards would decline. SGC would cease not because of nefarious reasons, but due to a business decision.

The obvious key will be having enough active buyers who still want stuff in SGC slabs such that prices continue to be supported. That likely will be the case for 6 months, 2 years, maybe even 5 years out. At some point, whether that’s 10 years or 20 years or more down the line, those collectors will decline due to exiting the hobby, dying off, or forgetting that they ever existed.

[Peter_Spaeth]

Originally Posted by DeanH3

Well said. I don't see why the value of SGC cards would decline. SGC would cease not because of nefarious reasons, but due to a business decision.

I think if SGC goes defunct, there will be a major movement to cross cards in their holders. Not everyone of course. And eventually, people will wonder if SGC cards that come on the market are those that would not cross, which could devalue them. I just don't see a long term robust market for a discontinued brand.

[Snowman]

Originally Posted by Peter_Spaeth

I think if SGC goes defunct, there will be a major movement to cross cards in their holders. Not everyone of course. And eventually, people will wonder if SGC cards that come on the market are those that would not cross, which could devalue them. I just don't see a long term robust market for a discontinued brand.

Yes, this is precisely what would happen. SGC prices would decline at a rate proportional to the probability of them crossing over to PSA slabs in the same grade. As time goes on, that probability gets lower and lower. Unfortunately though, since PSA has moved to the goal posts ~2 full grades lower for most cards, that means almost nothing crosses over these days already. So something would have to change fast to keep their prices from plummeting rather quickly. It won't take long for every youtuber to realize that they went 1 for 15 on crossovers, and that's not an exaggeration.

[Peter_Spaeth]

Originally Posted by Snowman

Yes, this is precisely what would happen. SGC prices would decline at a rate proportional to the probability of them crossing over to PSA slabs in the same grade. As time goes on, that probability gets lower and lower. Unfortunately though, since PSA has moved to the goal posts ~2 full grades lower for most cards, that means almost nothing crosses over these days already. So something would have to change fast to keep their prices from plummeting rather quickly. It won't take long for every youtuber to realize that they went 1 for 15 on crossovers, and that's not an exaggeration.

I am sure favored insiders would do fine on crossovers, and maybe that is already happening. The common man though? Uh, probably not.

[Johnny630]

Does anyone even try to crossover to PSA anymore? I thought people cracked and rolled the dice if they wanted a chance at a equal or greater grade.

[Peter_Spaeth]

Originally Posted by Johnny630

Does anyone even try to crossover to PSA anymore? I thought people cracked and rolled the dice if they wanted a chance at a equal or greater grade.

Risky on a valuable card unless you are an insider. So many altered cards out there in holders.