PSA Layoffs

[bobbyw8469]

CSG grades a lot because people love the $12 per card grading. $12 vs $18 is a huge gap. 50% more. Try to sell that CSG card though. You will get your feelings hurt real quick.

[Johnny630]

Originally Posted by bobbyw8469

CSG grades a lot because people love the $12 per card grading. $12 vs $18 is a huge gap. 50% more. Try to sell that CSG card though. You will get your feelings hurt real quick.

Bobby, it’s true CSG cards don’t sell for much compared to their counterparts. I agree with you however if we are talking about business-graded card volume CSG is grading and doing more business than SGC. The numbers don’t lie that’s why they are number two SGC is behind them, and both companies are miles behind PSA. Sgc will never get close to catching up because they have no registry or pop report. Psa owns the common card marker.

Two hobby terms across all sports/gaming and era are registry and pop.
Psa owns both. They will continue being number one into the foreseeable future.

[The Detroit Collector]

Originally Posted by Johnny630

Bobby, it’s true CSG cards don’t sell for much compared to their counterparts. I agree with you however if we are talking about business-graded card volume CSG is grading and doing more business than SGC. The numbers don’t lie that’s why they are number two SGC is behind them, and both companies are miles behind PSA. Sgc will never get close to catching up because they have no registry or pop report. Psa owns the common card marker.

Two hobby terms across all sports/gaming and era are registry and pop.
Psa owns both. They will continue being number one into the foreseeable future.

This data only shows information for a week, if you look at the month of May SGC has about 20K more graded cards than CSG.

I believe the numbers for May were

PSA over a million cards graded
SGC 88K graded cards
CSG 66K graded cards

[Johnny630]

Originally Posted by The Detroit Collector

This data only shows information for a week, if you look at the month of May SGC has about 20K more graded cards than CSG.

I believe the numbers for May were

PSA over a million cards graded
SGC 88K graded cards
CSG 66K graded cards

Ok cool

[yomass]

I had never seen the volume data from gemrate.com before so I did a little digging. About half that PSA volume is Pokémon and other TCG cards. If you break down May 2023, PSA graded 465k sports cards, 4.3% were pre 1950, so they graded about 20k “vintage” sports cards. SGC graded 71k sports cards of which 13.5% were pre-1950, so they graded just under 10k “vintage” sports cards. This is probably a better indication of SGC’s share in its core market. Their share undoubtedly declines in the post-war era due to PSA’s registry. Beckett and CSG aren’t really viable competitors in the vintage market.

[BillyCoxDodgers3B]

Funny, I was jokingly going to ask how much of last month's zillion PSA-slabbed cards were of the Pokemanian persuasion.

[G1911]

Originally Posted by bobbyw8469

CSG grades a lot because people love the $12 per card grading. $12 vs $18 is a huge gap. 50% more. Try to sell that CSG card though. You will get your feelings hurt real quick.

You can get a place to grade cards for even less, people seem to be betting that the $12 at CSG will generate more profit to them than $18 will at SGC. It seems to be the measurable case that CSG is moving up and SGC is not. Submissions seems to be a reasonable criteria to see who, at the moment, the market is leaning too. I’m not sure I see the case that SGC is going up, or stealing market share from PSA as you claimed. It appears to actually be CSG doing that, in measurable fact. Not that either is a short term threat to PSA’s dominance, their market share advantage is gigantic.

[raulus]

Originally Posted by bobbyw8469

CSG grades a lot because people love the $12 per card grading. $12 vs $18 is a huge gap. 50% more. Try to sell that CSG card though. You will get your feelings hurt real quick.

I wonder how many of CSG's submissions are at $12 a pop. I suspect that with some of their allies (i.e. PWCC, maybe some others), preferential pricing could be a lot lower in exchange for the volume and repeat business.

[Leon]

I like the CSG brand so far..... I hope they keep doing well.