News from SGC

[bobbyw8469]

Originally Posted by npa589

It was great news, as I was just readying over 260 T206s to send in to PSA, and now will switch to SGC simply due to the turnaround times.

That being said, it was unbelievably cringe-worthy and made me feel awful. Who was responsible for choosing the lighting? Goodness it was awkward. I was fast forwarding just to get to the actual news.

T206's might be the only cards where SGC is comparable, or maybe even higher than PSA. Definitely not postwar.

[Kutcher55]

Correct me if I’m wrong but I think he basically runs the show over there now. He probably doesn’t have anyone around him with the guts to give him constructive feedback. It reads that way anyhow. He means well but the whole thing is heavy handed.

[Jewish-collector]

nevermind

[1952boyntoncollector]

SGC can do a few things for registry

YOu could have the monster sets and the leaders right on the first page

Also like how facebook used to pick which person was the best looking

they should have people, who knows who they pick to decide who has the best 'PSA 10' as you scroll through the PSA 10s on sought after cards..

I got lots of other ideas, they arent far from me..maybe i will stop by

[rugbymarine]

That video was just...odd. The comment about cards being down makes it seem like he is more dialed in on the modern card market, which is down A LOT. Even the gas price comment seemed off, since gas is currently cheaper (in most states) than it was before the spike earlier this year.

His delivery sounds like that of a hostage, reading propaganda from a sign, while armed guards stare menacingly just off screen...

[oldjudge]

I find this interesting because PSA came out today with $18 grading on their bulk level service. SGC really staffed up during the pandemic and my guess is that if volumes don’t remain where they were they will have to cut the head count. Also, if there is a price war it will be tough for them to win the battle with PSA who has much deeper pockets. I remember when SGC had two graders and less than ten employees; they can probably shrink down if they need to.
Also, I don’t know this but I would bet that if there has been a decline in submissions it is mainly concentrated in the newer cards. Grading vintage cards is not a growth area. A sizable portion of better vintage cards are already in slabs. The influx in volume comes from new issues.

[Exhibitman]

SGC...Into Darkness

Maybe JJ Abrams directed?

[Johnny630]

Originally Posted by oldjudge

I find this interesting because PSA came out today with $18 grading on their bulk level service. SGC really staffed up during the pandemic and my guess is that if volumes don’t remain where they were they will have to cut the head count. Also, if there is a price war it will be tough for them to win the battle with PSA who has much deeper pockets. I remember when SGC had two graders and less than ten employees; they can probably shrink down if they need to.
Also, I don’t know this but I would bet that if there has been a decline in submissions It is mainly concentrated in the newer cards. Grading vintage cards is not a growth area. A sizable portion of better vintage cards are already in slabs. The influx in volume comes from new issues.

My thoughts exactly. You nailed it. Maybe PSA makes another run at purchasing the company?

[oldjudge]

If I am running PSA I’m not sure I see the beauty of buying SGC. What am I adding if I buy them? PSA already has everything they have and then some. The only reason to buy them would be to close them down and stamp out competition and the government doesn’t look favorably on that tactic.

[hcv123]

Originally Posted by oldjudge

I find this interesting because PSA came out today with $18 grading on their bulk level service. SGC really staffed up during the pandemic and my guess is that if volumes don’t remain where they were they will have to cut the head count. Also, if there is a price war it will be tough for them to win the battle with PSA who has much deeper pockets. I remember when SGC had two graders and less than ten employees; they can probably shrink down if they need to.
Also, I don’t know this but I would bet that if there has been a decline in submissions it is mainly concentrated in the newer cards. Grading vintage cards is not a growth area. A sizable portion of better vintage cards are already in slabs. The influx in volume comes from new issues.

PSA has been opening up new revenue streams - just got an email that they are now grading Funko Pops!!
If there is truth to your points - such a shame for SGC as they are great quality graders just poor visionaries and marketers.
Also agree the video was weird in terms of composition and presentation.

[Johnny630]

I like Peter....let's give the guy a break. He can't wear every hat while running operations at Boca Raton. Hire a profession marketing/media team to help get their message and improvements across.

[babraham]

Just watched the video for the first time.
That was....weird.

[cammb]

Originally Posted by bobbyw8469

T206's might be the only cards where SGC is comparable, or maybe even higher than PSA. Definitely not postwar.

That’s your opinion. I find PSA inferior. I usually buy PSA cheap then send to SGC for a true grade.

[bobbyw8469]

Originally Posted by cammb

That’s your opinion. I find PSA inferior. I usually buy PSA cheap then send to SGC for a true grade.

VCP and market data disagrees with you.

[1952boyntoncollector]

I wonder how many cards they can grade and slab in an hour on the regular stuff..like if can grade 60 cards in an hour and can also do 60 slabs...that would be 2 minutes per card start to finish etc...

[glynparson]

Originally Posted by cammb

That’s your opinion. I find PSA inferior. I usually buy PSA cheap then send to SGC for a true grade.

I love 2022 people think just saying asinine bs makes it true.

[cammb]

Originally Posted by glynparson

I love 2022 people think just saying asinine bs makes it true.

It’s as valid as the bs you spew