SO SGC just tripled its prices?

[hcv123]

Originally Posted by Peter_Spaeth

If SGC is comfortable staying in its current dimensions, what can it do to keep submissions down to levels they can comfortably accommodate other than raise prices? It's simple supply and demand economics.

They have temporarily eliminated their 2 lowest grading tiers less than $1k value for $35 and less than $499 for $25.

My knee jerk was to be upset, but as a couple of posts have suggested, there are really no good options. They want to maintain rapid turnaround, quality grading and good customer service. Hiring more graders likely can't happen fast enough, so they need to slow the flow of submissions. I'm disappointed I can't submit more cards for a while, but I respect and understand the decision.

[Zact]

How about this. Make it a requirement for all submissions to be performed online. Set the amount of submissions at each tier level at a number that they are able to process per day week etc. The slots would fill electronically and they can control the rate of items received - very easily done with a computer.

[dio]

I think what they should do is tiered pricing for each submitter, first 15 cards are 15 bucks, after first 15, from 15-30 will be at 25, after that 75 each
each submitter can submit once a month for the 15/25 bucks

[Frankish]

Not really unexpected. It was clear the PSA shutdown on submissions would cascade over to SGC, and SGC had warned it would adjust its model to prevent going back to a massive backlog. So I can't fault the business decision, although it's a personal disappointment...was on vacation with the kids this past week and had planned a submission of mid-value vintage cards this week, many of which don't make sense at the new pricing.

Anyway, the options for those on a budget or wanting lower value cards graded are certainly getting limited. Although SGC promises to lower its pricing again (and I hope they do), I think it will be quite a while before we see PSA and SGC offering $20 grading with reasonable turnaround times.

I wonder if CSG will be able to take advantage of this? Do they grade pre-war and other vintage cards? The language on their submission guidelines seems to suggest so, but there is a large carve-out for returning "obscure" issues. CGC certainly has a strong reputation in other collectibles. While I don't love the CSG labels, the current dislocation seems to create a big opportunity for someone....

[swarmee]

https://www.gosgc.com/update-20210509

Now for something entirely different. SGC has just released new pricing to start submissions at $30/card.

[Exhibitman]

That's good news.

[Eric72]

I imagine the sudden price increase practically eliminated new subs for a while. Catching up on the backlog was likely easy to do. Glad to read they've dropped the price back down to a more reasonable level now.

[tbob]

Originally Posted by swarmee

https://www.gosgc.com/update-20210509

Now for something entirely different. SGC has just released new pricing to start submissions at $30/card.

Thanks John. I just submitted a batch of cards to them at the $30/card price. When I prepared a submission sheet Saturday it was $75/card so I balked at the price. This is more normal although I still miss the $15/card price for my last submissions last year.
I appreciate your heads up.

tbob

[swarmee]

No problem. There are also some videos that show the behind the scenes work at SGC:
https://www.youtube.com/watch?v=_YNOs6Xu80w
https://www.youtube.com/watch?v=uVx4REVu-TY