Collectors (PSA) Acquired SGC

[parkplace33]

Originally Posted by Peter_Spaeth

What precedent is there for a dominant industry player acquiring a minor, niche competitor and continuing indefinitely to maintain its separateness and prop up its brand?

Exactly Peter. You get it.

Folks, look at the poll on the main board. 44 percent like me are in agreement, SGC will eventually dissolve. Maybe not today, maybe not in a year, but eventually it will happen. Collectors is not, I repeat, not going to run two companies like this forever. Makes no sense in the long run.

I have Sgc cards and I am now wonder what to do with them. Hold, cross, sell…. Not sure yet. But the news on Thursday has me thinking, as I am sure other SGC collectors are thinking as well. I know PSA will be flooded with crosses over the next few weeks.

[cgjackson222]

Originally Posted by parkplace33

Exactly Peter. You get it.

Folks, look at the poll on the main board. 44 percent like me are in agreement, SGC will eventually dissolve. Maybe not today, maybe not in a year, but eventually it will happen. Collectors is not, I repeat, not going to run two companies like this forever. Makes no sense in the long run.

I have Sgc cards and I am now wonder what to do with them. Hold, cross, sell…. Not sure yet. But the news on Thursday has me thinking, as I am sure other SGC collectors are thinking as well. I know PSA will be flooded with crosses over the next few weeks.

44% think SGC will be dissolved, but 50% think SGC will continue operating, though some think prices will increase and service will suffer.

[Peter_Spaeth]

Originally Posted by cgjackson222

44% think SGC will be dissolved, but 50% think SGC will continue operating, though some think prices will increase and service will suffer.

Poll the hobby in general, not this enclave of SGC devotees, and I bet the result would be wildly different. Not that it means anything of course; only Nat knows for sure and maybe he doesn't even know yet.

[cgjackson222]

Originally Posted by Peter_Spaeth

Poll the hobby in general, not this enclave of SGC devotees, and I bet the result would be wildly different. Not that it means anything of course; only Nat knows for sure and maybe he doesn't even know yet.

I'm not claiming the poll is indicative of the entire hobby. I'm just pushing back on the idea that the poll indicates that Collector's will kill SGC.
But I agree that perhaps no one, including Nat knows what will happen with SGC.

[Peter_Spaeth]

Originally Posted by parkplace33

Exactly Peter. You get it.

Folks, look at the poll on the main board. 44 percent like me are in agreement, SGC will eventually dissolve. Maybe not today, maybe not in a year, but eventually it will happen. Collectors is not, I repeat, not going to run two companies like this forever. Makes no sense in the long run.

I have Sgc cards and I am now wonder what to do with them. Hold, cross, sell…. Not sure yet. But the news on Thursday has me thinking, as I am sure other SGC collectors are thinking as well. I know PSA will be flooded with crosses over the next few weeks.

i wonder the same. For now I've landed on wait and see, but not very satisfying.

[ullmandds]

While I agree that in the short term sgc cards should maintain their value comparatively...esp the older more obscure stuff. Once us middle aged dinosaurs die off...SGC will have been long gone and the whippersnappers will shun anything in an SGC holder as fake/altered.

I'm not too concerned about values of my SGC collection as most are very desirable ruthian cards or more rare caramels and tobaccos.