SGC'S Aggressive Upcharges

[robw1959]

They called me earlier today about a Goudey Ruth I submitted at a value of $7499. It only earned a grade of 2, so I was pretty surprised to hear them request another $250 for it at that grade. When I asked for recent comps, the representative pointed to one that reached over 9K from an auction house.

[theshowandme]

[robw1959]

Well how about that. Maybe Goudey Ruth prices are beginning to climb again after years of flatlining, that is except for #149.

[Leon]

Since I bought mine, the Ruth Goudey's have gone down some....but that's ok, I love it all the same.

As for upcharging, they do it because they can and they make more money.

[Fred]

Does the TPG reaching out for more $$$ surprise anybody?

Just curious, does a valuation of $7500 trigger a higher grading price?

I still try to figure out why the TPGs charge so much for higher $$ values on cards. Is it to generate a war chest for the future payouts for misgraded cards?

I get the feeling the TPGs would fall back on the subjectivity of grading to weasel their way out of a lawsuit.

[parkplace33]

Maybe this has something to do with it.

Most likely, this is coming from the collector's buyout. More changes.

[Lucas00]

Anybody drop off to sgc at the Philly show? Wondering if anybody's order is in the grading process yet.

[toppszl1]

I just got a message yesterday that my 30 card order is on the way hopefully to be here within a couple days even with the weather in Florida and North Carolina

[Yoda]

Perhaps this upgrading price surge is reflective of new management's philosophy: Suck as much out of the collector as possible.

[Brent G.]

So will PSA eventually just kill the SGC brand, or would that potentially take them into monopoly territory.

[Balticfox]

Originally Posted by Yoda

Perhaps this upgrading price surge is reflective of new management's philosophy: Suck as much out of the collector as possible.

They charge what the market will bear. That is perfectly understandable.

What boggles my mind though is how/why so many card collectors are willing to pay the prices SGC/PSA charges for their subjective opinion. And then end up with the card in a plastic coffin.



Me I just say "No."

[bigfanNY]

Originally Posted by Lucas00

Anybody drop off to sgc at the Philly show? Wondering if anybody's order is in the grading process yet.

Not mine either. 4 cards dropped off on Friday 9/20/2024 and as of today nothing. So much for SGC is faster.... I updated this below. Once I downloaded the SGC app I was able to see my cards and where they were in the grading process. Today 8 business days later all 4 cards are in the post grading stage. So I was wrong in stating SGC was slow. As if today they are right on schedule.
J

[theshowandme]

I made a video suggesting that we should burn all of our SGC cards

https://youtu.be/1SN6srODKyo?si=347F5R0mJwjLXhRu