Collectors (PSA) Acquired SGC

[bcookie]

I just looked at the PSA grading "specials" for the month..

I have not been a PSA member in 10+ years, boy how the fees and turnaround times have changed.

I sure hope SGC stays the same, I cant imaging paying $15 bucks a card and waiting 2+ months to get the card back

[Directly]

Will SGC cards loose their value, will buyers even want the SGC graded cards or offer pennies on the dollar? -will future SGC submissions cease to exist, is this the ultimate plan -?? confused in the Show Me State.

[vintagebaseballcardguy]

Originally Posted by Directly

Will SGC cards loose their value, will buyers even want the SGC graded cards or offer pennies on the dollar? -will future SGC submissions cease to exist, is this the ultimate plan -?? confused in the Show Me State.

No, SGC cards won't lose their value and be valued at pennies on the dollar. It's not like this company went out of business or did something terrible. They were purchased. Those with SGC cards don't need to panic. It's still about the cards, not the holders they might be in. Relax and enjoy the cards.

[EddieP]

SGC slabs will be worthless . Anyone with a Ruth or Jackson in an SGC slab, I’ll be willing to help you cut your loss by buying your cards

[Rhotchkiss]

Agreed. These and everything else in SGC slabs are worthless!!

No seriously, the cards are still the cards and SGC’s reputation is still the best for grading prewar baseball. As mentioned, they aren’t going out of business and they haven’t done anything wrong to tarnish their work/reputation. Time will tell what becomes of SGC. If SGC is eventually closed down, for those who need a flip (like me), I expect PSA will cross all cards, likely at a discount, but upon review. Honestly, If prices on SGC cards plummet, I am a buyer.

[3-2-count]

Totally agree Ryan. The cards are still the cards in reputable slabs, and if they're crossed down the road so be it.

Lots of negative noise going on over this, for no reason in my opinion!

[Peter_Spaeth]

I hope you guys are right, as my prewar is about 50 50, but I fear the scenario where SGC values eventually drop substantially and at least the older graded cards cross at a grade lower in part because standards are higher and in part because that's how PSA does things. I imagine for people who are active submitters this is a dilemma too because apparently for many people it's impossible to get fair grades out of PSA now, but submitting to SGC may not be prudent going forward.

[Neal]

Originally Posted by 3-2-count

Totally agree Ryan. The cards are still the cards in reputable slabs, and if they're crossed down the road so be it.



Lots of negative noise going on over this, for no reason in my opinion!

Agreed
And that Plank looks good in a tux

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