SGC Going Away?

[Snowman]

Originally Posted by Peter_Spaeth

I think if SGC goes defunct, there will be a major movement to cross cards in their holders. Not everyone of course. And eventually, people will wonder if SGC cards that come on the market are those that would not cross, which could devalue them. I just don't see a long term robust market for a discontinued brand.

Yes, this is precisely what would happen. SGC prices would decline at a rate proportional to the probability of them crossing over to PSA slabs in the same grade. As time goes on, that probability gets lower and lower. Unfortunately though, since PSA has moved to the goal posts ~2 full grades lower for most cards, that means almost nothing crosses over these days already. So something would have to change fast to keep their prices from plummeting rather quickly. It won't take long for every youtuber to realize that they went 1 for 15 on crossovers, and that's not an exaggeration.

[Peter_Spaeth]

Originally Posted by Snowman

Yes, this is precisely what would happen. SGC prices would decline at a rate proportional to the probability of them crossing over to PSA slabs in the same grade. As time goes on, that probability gets lower and lower. Unfortunately though, since PSA has moved to the goal posts ~2 full grades lower for most cards, that means almost nothing crosses over these days already. So something would have to change fast to keep their prices from plummeting rather quickly. It won't take long for every youtuber to realize that they went 1 for 15 on crossovers, and that's not an exaggeration.

I am sure favored insiders would do fine on crossovers, and maybe that is already happening. The common man though? Uh, probably not.

[Johnny630]

Does anyone even try to crossover to PSA anymore? I thought people cracked and rolled the dice if they wanted a chance at a equal or greater grade.

[Peter_Spaeth]

Originally Posted by Johnny630

Does anyone even try to crossover to PSA anymore? I thought people cracked and rolled the dice if they wanted a chance at a equal or greater grade.

Risky on a valuable card unless you are an insider. So many altered cards out there in holders.