PSA to open a new joint SGC/PSA location in FL

Snowman · #1 06-05-2025, 11:56 AM

Quote:

Originally Posted by Peter_Spaeth

Yogi lives. We have so many cards to grade we graded fewer cards. Think about it, John, does that really make sense to you?

SGC is in fact flooded right now. They even had to increase their stated turnaround times as a result. One data point does not indicate a trend. Go look further back than just this last month. SGC demand is stronger than ever. The fact that they graded fewer cards could be attributable to numerous other factors that have nothing to do with consumer demand. 1. There were fewer working days last month than there were in the month and year/month prior. 2. International submissions were down due to the impact of tariffs. 3. They are preparing to share space with PSA. Surely some resources are being allocated to the logistics of that project. 4. Even just one grader going on vacation for a month could impact output by ~3%. If multiple graders are out at the same time, that number gets larger. If any graders quit or get fired, that will impact volume as well. I could go on, but you get the point.

Snowman · #2 06-05-2025, 12:07 PM

Something else worth remembering is that Nat Turner undoubtedly plans to take Collectors public at some point. There is no way in hell he's going to cut off the SGC brand before that happens. While you idiots may think that's the smart business move, I assure you the market will not.

Things could change after they go public and Nat Turner cashes out. Maybe the board will select a new CEO. Perhaps grading standards could become important again under new leadership. Perhaps the market will sour on the SGC brand. Perhaps it won't. Who knows. But as long as there is strong demand for SGC, they will remain.

parkplace33 · #3 06-09-2025, 12:17 PM

Quote:

Originally Posted by Snowman

Something else worth remembering is that Nat Turner undoubtedly plans to take Collectors public at some point. There is no way in hell he's going to cut off the SGC brand before that happens. While you idiots may think that's the smart business move, I assure you the market will not.

Things could change after they go public and Nat Turner cashes out. Maybe the board will select a new CEO. Perhaps grading standards could become important again under new leadership. Perhaps the market will sour on the SGC brand. Perhaps it won't. Who knows. But as long as there is strong demand for SGC, they will remain.

You are probably right on this part Snow. I guess my question now is on the demand piece.

To my knowledge, SGC has never graded more than 200k a month. The past year, they have been between 129k - 194k a month. Months vary, I get it, but do you think they will ever grade over 200k a month?

Johnny630 · #4 06-09-2025, 02:55 PM

Quote:

Originally Posted by parkplace33

You are probably right on this part Snow. I guess my question now is on the demand piece.

To my knowledge, SGC has never graded more than 200k a month. The past year, they have been between 129k - 194k a month. Months vary, I get it, but do you think they will ever grade over 200k a month?

I think SGC will always be content with what they do and specialize in, vintage pre and post war. They never really tried to compete with PSA or CSG when it comes to Modern or Gaming Cards.

SGC Customers are predominately vintage collectors who enjoy their slabs and fast turn around times along with more affordable pricing. Idk what will happen...either way the card hobby will go on and be stronger than ever down the road.

JollyElm · #5 06-09-2025, 03:42 PM

Quote:

Originally Posted by Johnny630

SGC Customers are predominately vintage collectors who enjoy their slabs and fast turn around times along with more affordable pricing. Idk what will happen...either way the card hobby will go on and be stronger than ever down the road.

The highlighted part is a huuuuuuuge component of going with SGC. Every time I'm at a show these days, the tables are flooded with tuxedos. An exponential rise from the 'old days.'
Dealers tell me, "Sure, they may sell for a little less (than PSA), but I get them back cheaply and immediately, so I'm ready for the show."

Snowman · #6 06-09-2025, 04:04 PM

Quote:

Originally Posted by JollyElm

The highlighted part is a huuuuuuuge component of going with SGC. Every time I'm at a show these days, the tables are flooded with tuxedos. An exponential rise from the 'old days.'
Dealers tell me, "Sure, they may sell for a little less (than PSA), but I get them back cheaply and immediately, so I'm ready for the show."

Nowadays, they usually don't even sell for less because PSA vintage graders have moved the goal posts down by about two full grades on average. Whereas SGC has only moved them down by about one full grade. You can get unlucky with any submission, but on average, you're typically going to get better/more accurate grades with SGC these days.

parkplace33 · #7 06-09-2025, 05:30 PM

Quote:

Originally Posted by Johnny630

I think SGC will always be content with what they do and specialize in, vintage pre and post war. They never really tried to compete with PSA or CSG when it comes to Modern or Gaming Cards.

SGC Customers are predominately vintage collectors who enjoy their slabs and fast turn around times along with more affordable pricing. Idk what will happen...either way the card hobby will go on and be stronger than ever down the road.

Agree, second place is just fine for them.

brunswickreeves · #8 06-10-2025, 05:38 AM

Great discussion! However, 62 posts and not a single card pictured�time for some. And, no better than the Top 10 highest ever sold. Tellingly, 8 of which are NOT in PSA holders and likely won�t be sent in for crossover for risk of mis-grading downward�our hobby�s mantra: buy the card not the grade (or holder).

https://www.cllct.com/sports-collect...ds-of-all-time

perezfan · #9 06-10-2025, 11:56 AM

Great post! But the soiling on the Yellow Ruth and the diamond cut would preclude it from ever getting a "9" today. Just more meaningless numbers on PSA slabs.

Yoda · #10 06-05-2025, 12:12 PM

Didn't PSA take possession of a large facility in Northern New Jersey in the not too distant past?

Schlesinj · #11 06-06-2025, 12:59 PM

Quote:

Originally Posted by Yoda

Didn't PSA take possession of a large facility in Northern New Jersey in the not too distant past?

I think they had a central Jersey one that house the photo team. I think that closed.

Peter_Spaeth · #12 06-06-2025, 01:06 PM

They definitely grade out of New Jersey. Raw cards requiring ebay authentication ship to their New Jersey facility.

particra17 · #13 06-08-2025, 10:12 AM

There isn't any question that SGC will disappear over time. There are obvious cost synergies to be obtained (as with every acquisition) that will be attained. If PSA can reasonably absorb SGC's share into PSA, it makes little sense to have a separate operations process, corporate structure, procurement mechanism, website, submissions process, etc. That's all just added cost for no real benefit.

parkplace33 · #14 06-29-2025, 09:14 AM

A major SGC bulk submitter said PSA will accept submissions in Boca starting in October

Johnny630 · #15 06-29-2025, 09:29 AM

Quote:

Originally Posted by parkplace33

A major SGC bulk submitter said PSA will accept submissions in Boca starting in October

Is SGC bulk guy still taking SGC Submissions? Or could this be an indication of something else? Idk

Does the SGC bulk submitter know if SGC will be grading on-site at the National?

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