SGC is Riding the Wave

[NYYFan63]

I’m not seeing SGC getting higher prices compared to PSA slabs for pre-war. I do see more pre-war in SGC slabs compared to PSA, which may be why PSA warrants higher prices.


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[JustinD]

I don't see any equalization or rise in SGC values of late. That said submissions have increased since September and their percentage of ultra-modern submissions has exceeded any and all other areas. The ultra-modern rise seems surprising when I see the resale of those at a vast pricing difference to PSA. I think it's all pricing differences and PSA over valuing everything in their pricing structure by using older comps. The 1500 and under flat rate is a huge draw to new submitters in my mind. They also do not upcharge for post-2000 cards, which is again a wise move to fuel modern growth. Grading honestly sucks, its a complete waste for non-resellers or flippers when I can buy more cards or buy plastic cases. I pick cards every time.

Here is a nice breakdown of recent trends done by the Cardlines folks. I would imagine the December numbers should be out soon.

https://www.cardlines.com/sports-car...november-2022/

[parkplace33]

[QUOTE=NYYFan63;2300431]I’m not seeing SGC getting higher prices compared to PSA slabs for pre-war. I do see more pre-war in SGC slabs compared to PSA, which may be why PSA warrants higher prices.


Totally agree with this. SCG has found a niche with vintage, but I am not seeing the resell value reflecting that. Maybe in 2023?

[Rich Klein]

Subscribe to this blog and learn quite a bit about the details of what is getting graded

https://www.gemrate.com/blog

Regards
Rich

[BobbyStrawberry]

Originally Posted by Rich Klein

Subscribe to this blog and learn quite a bit about the details of what is getting graded

https://www.gemrate.com/blog

Regards
Rich

Thanks, Rich !

[Yoda]

I think SGC received a boost by grading the 9.5 '52 Topps Mantle accompanied by Alan Rosen's testimonial. It got a lot of free press on UTube and was one of the highlights of last years's National.

[packs]

Is the PSA bump really an issue in pre-war? I’ve collected for a long time and don’t care which company (PSA/SGC) graded my Cobb T206. I certainly wouldn’t pay any premium either. This seems limited to post-war and modern.

[Lorewalker]

Like others have written, I see much more SGC graded material on the market which reflects their incredibly fast turnaround time for an absurdly fair price but ya get what ya pay for. I have not seen any consistent SGC sales data that reflects pre 1960 material is selling for remotely close to what the PSA counterpart sells for.

Nothing would be better for the market than for 1 or more of the existing grading companies to be able to compete with PSA in terms of relsale but that is simply not taking place.

[Leon]

Originally Posted by Lorewalker

Like others have written, I see much more SGC graded material on the market which reflects their incredibly fast turnaround time for an absurdly fair price but ya get what ya pay for. I have not seen any consistent SGC sales data that reflects pre 1960 material is selling for remotely close to what the PSA counterpart sells for.

Nothing would be better for the market than for 1 or more of the existing grading companies to be able to compete with PSA in terms of relsale but that is simply not taking place.

Hopefully CSG will pick up the slack. Time will tell. Just remember, the ship is only as fast as the captain.
.