PSA Response from President Steve Sloan

[ullmandds]

Originally Posted by dplath

The comparison to comic books is often brought up, so I’d like to clarify how the grading works and how the market looks at conservation/restoration:

CGC is the biggest comic book TPG. When a book is graded, it can receive a universal (no restoration/alteration), restored or conserved label. Additionally, the book is given a numerical grade in any of those three labels. So though it’s fair to say that there’s a line drawn between restoration and alteration, the key is that the market doesn’t look at the three labels the same way. Given the same numerical grade, a book in a conserved label will still trade at a steep discount to a book given a universal label and a book in a restored label at a steep discount to a book in a conserved label.

So in the comic book realm...are there instances where altered/restored richie riches end up in unaltered holders??