New Grading Company - CSG

[sportscardpete]

Originally Posted by Rich Klein

I'm going to say based on this comment by Leon they have hired at least one sports person (if not more)

"I don't want to be the one to say who the new hire is but I am supportive. It will be out soon I am sure."

Regards
Rich

They will need to hire a bunch. It is going to have to be a positive feedback loop - you need capacity to grade, which will put more of their cards out on the market, which is free advertising, which will make them money, for them to hire more folks to grade even more cards.

If you are going to make yourself a player in the market you have to have huge investment into this business. You can’t really start with a few or some marquee graders and expect them to lead the way. That’s why I’m really hesitant about new grading companies, UNLESS they are more technologically advanced (remains to be seen).