SGC is cranking on recent subs....WOW!!!!!!!

[Snowman]

Turnaround times at SGC are increasing. They're up to 16 business days now. More and more people are making the move over to SGC. I hope that trend continues. They're so much better than PSA in every aspect other than resale prices, in my opinion. But they're closing the gap with modern cards.

[bobbyw8469]

Originally Posted by Snowman

Turnaround times at SGC are increasing. They're up to 16 business days now. More and more people are making the move over to SGC. I hope that trend continues. They're so much better than PSA in every aspect other than resale prices, in my opinion. But they're closing the gap with modern cards.

So...they are better than PSA except for the most important metric of all. Got it.

PS - I think Ted would disagree with you.

[bnorth]

Originally Posted by bobbyw8469

So...they are better than PSA except for the most important metric of all. Got it.

PS - I think Ted would disagree with you.

Weirdly that is very true. Planning a PSA group sub any time soon?

[bobbyw8469]

Originally Posted by bnorth

Weirdly that is very true. Planning a PSA group sub any time soon?

I REFUSE to pay $30 a card to get cards graded. I am waiting for the quarterly specials to open back up. I have over 2 long boxes of raw cards. Sports. Non Sports. I am sure I have something, to meet another swinging sixties, rocking seventies, or roaring 40's.

[Jcosta19]

Originally Posted by bobbyw8469

So...they are better than PSA except for the most important metric of all. Got it.



PS - I think Ted would disagree with you.

We are not all sellers or flippers, so many of us would disagree that is the most important metric, but I get your point.

PSA just dropped their express service fees back to $150, so that's something.

Sent from my SM-G960U using Tapatalk

[Republicaninmass]

Originally Posted by bobbyw8469

So...they are better than PSA except for the most important metric of all. Got it.



PS - I think Ted would disagree with you.

Its only a difference of 1000× sales price, nothing to see here. Akin to grading a t206 Magie or doyle error wrong

Sent from my SM-N950U using Tapatalk

[bobbyw8469]

Originally Posted by Republicaninmass

Its only a difference of 1000× sales price, nothing to see here. Akin to grading a t206 Magie or doyle error wrong

Sent from my SM-N950U using Tapatalk

Ted, are you gonna keep it labeled wrong and sell it as a Yellow Tiger anyway?? That is what I may wind up doing with a Milton Bradley Nolan Ryan rookie they graded as a Topps. Anyone with two eyes can see mine is a Milton Bradley. Anyone with two eyes can see yours is a yellow tiger.

[Republicaninmass]

Originally Posted by bobbyw8469

Ted, are you gonna keep it labeled wrong and sell it as a Yellow Tiger anyway?? That is what I may wind up doing with a Milton Bradley Nolan Ryan rookie they graded as a Topps. Anyone with two eyes can see mine is a Milton Bradley. Anyone with two eyes can see yours is a yellow tiger.

Depends, psa said I can have it either as gray back OR yellow tiger. I'm not sure if both will fit on the label,

Sent from my SM-N950U using Tapatalk

[sbfinley]

As a buyer, I’m totally fine with the gap right now.

[Snowman]

Originally Posted by bobbyw8469

So...they are better than PSA except for the most important metric of all. Got it.

That depends on how you define the most important metric though. If your goal is profit from a card that is worth ~$5k raw by getting it graded, then perhaps the resale value of getting it grades by PSA vs SGC is most important. But that's not the only relevant factor in the equation to me. You also have to take into account the cost of grading, the turnaround times, and the actual grades themselves. Recently, PSA has been extremely harsh with their grades. To the point where what used to be a 9 is now an 8, and what used to be a 5 is now a 4 or sometimes even a 3. I've also seen numerous cards with minor creases that used to get 4s now getting 1s and 1.5s. If you were to submit these same cards to SGC and received a more fair and consistent grade (which they have definitely been more consistent and reliable recently, in my experience) then the resale value of an SGC 8 vs a PSA 7 all of a sudden matters. It's not just about comparing SGC 10 vs PSA 10 prices. Sometimes it is, but it's often not.

Also, what if you're looking to get this graded for your PC? Maybe you don't want to shell out $300 to have it graded? And what if you're looking to hold it for 5+ years? If SGC continues to gain market share, then the price gap between them and PSA will continue to narrow. 5 years down the line, the differences might not be as drastic.

Resale prices matter, but it's not always an apples to apples comparison. I can't tell you how many truly perfect cards I've had over the years in PSA 9 holders. Sure, most 9s have some minor flaw, but there is no shortage of gem mint cards in PSA 9 holders. I've cracked out a lot of them and crossed them over to BGS or SGC and they were given the gem mint grades they deserved and ended up selling for significantly more than they would have in their PSA slab.

[Frank A]

Originally Posted by bobbyw8469

So...they are better than PSA except for the most important metric of all. Got it.

PS - I think Ted would disagree with you.

Amazing how much you pimp for psa.

[vthobby]

Received by SGC on 9/29/21
Shipping back to me 11/5/21

Peace, Mike

[Scott L.]

I have a 10/4 received order that hasn't moved but judging by Mike's post above I assume it will be soon.

[vthobby]

Originally Posted by Scott L.

I have a 10/4 received order that hasn't moved but judging by Mike's post above I assume it will be soon.

I was figuring based on others that mine would be done the 1st week of November and they hit in that window.

I'd think yours might hit late next week! Hoping for you!

Thanks! Mike

[bobbyw8469]

Originally Posted by Frank A

Amazing how much you pimp for psa.

Uhhh...I don't pimp for them....and nothing of what I am saying is top secret info. It's public knowledge.

[vthobby]

Originally Posted by bobbyw8469

Uhhh...I don't pimp for them....and nothing of what I am saying is top secret info. It's public knowledge.

Bobby did you ever get resolution on that missing Sub? Just curious as I was following that and have been super busy lately so just curious! Hope they remedied it!

Mike

[bobbyw8469]

Originally Posted by vtgmsc

Bobby did you ever get resolution on that missing Sub? Just curious as I was following that and have been super busy lately so just curious! Hope they remedied it!

Mike

They cut me a check and called it a day.

[vthobby]

Originally Posted by bobbyw8469

They cut me a check and called it a day.

At least you got your customer's money back but damn, thats alot of cards floating out there somewhere!

Thanks for the update!

Mike

[hockeyhockey]

Originally Posted by Snowman

Turnaround times at SGC are increasing. They're up to 16 business days now. More and more people are making the move over to SGC. I hope that trend continues. They're so much better than PSA in every aspect other than resale prices, in my opinion. But they're closing the gap with modern cards.

i used SGC a few times for things i want to keep (the black slab look is awesome), and they did a nice job. but not sure i see this financial gap closing as you say. aside from iconic stuff, all the modern SGC cards i see are going for way less than PSA (i don't have time to do a lengthy study, but the difference appears significant on items i've seen).

[Snowman]

Originally Posted by hockeyhockey

i used SGC a few times for things i want to keep (the black slab look is awesome), and they did a nice job. but not sure i see this financial gap closing as you say. aside from iconic stuff, all the modern SGC cards i see are going for way less than PSA (i don't have time to do a lengthy study, but the difference appears significant on items i've seen).

If I have time, maybe I'll post a thread showing the data and how it has changed over time. I've definitely been watching it though, and the gap is narrowing. But there's still a significant gap between a PSA 10 and an SGC 10. However, there's also a significant gap between a PSA 10 and a gold label SGC 10 in the other direction. The narrowing of that gap though is what interests me the most. How long might it take for them to catch up, if they ever could, remains to be seen. But if I'm looking to buy a nice copy of a high-end card that I intend to hold for at least 5 to 10 years, I'm buying it in an SGC holder because not only will I get the gains of whatever the future market value of that card is, I will also get the future gains of SGC's closing of the gap in pricing as they continue to gain market share (if that indeed continues, and I anticipate that it will).

[BobbyStrawberry]

Originally Posted by Snowman

If I have time, maybe I'll post a thread showing the data and how it has changed over time. I've definitely been watching it though, and the gap is narrowing. But there's still a significant gap between a PSA 10 and an SGC 10. However, there's also a significant gap between a PSA 10 and a gold label SGC 10 in the other direction. The narrowing of that gap though is what interests me the most. How long might it take for them to catch up, if they ever could, remains to be seen. But if I'm looking to buy a nice copy of a high-end card that I intend to hold for at least 5 to 10 years, I'm buying it in an SGC holder because not only will I get the gains of whatever the future market value of that card is, I will also get the future gains of SGC's closing of the gap in pricing as they continue to gain market share (if that indeed continues, and I anticipate that it will).

My sense is that this narrowing is mostly due to PSA shutting most of their service down. I imagine that once they are accepting regular and economy orders again, things will trend back to how they have been.