SO SGC just tripled its prices?

[hcv123]

Originally Posted by Johnny630

Absolutely This Was A Smart and Prudent Business Move....As a Collector I DON'T NEED OR HAVE TO SEND ANYTHING IN FOR GRADING TO ENJOY COLLECTING...

IMO THIS IS WEEDING OUT THE ONES ONLY IN IT FOR MONEY AND THE QUICK FLIP...IT"S GOTTEN WAY TO HYPER INFLATED DURING THE PAST 4 MONTHS NEEDS A CORRECTION THIS IS HEALTHY LONG TERM

JUST MY OPINION

To the contrary - I think this will put incredible upward price pressure on lower value cards (under $ ~$800 - anything already graded - is "worth" more overnight as the cost of grading the same card raw today just tripled. That could spill over into the raw market with people not wanting to pay the inflated prices for graded cards and create a spike in demand and likely spike in prices that hasn't been seen yet.

[Oscar_Stanage]

Originally Posted by hcv123

To the contrary - I think this will put incredible upward price pressure on lower value cards (under $ ~$800 - anything already graded - is "worth" more overnight as the cost of grading the same card raw today just tripled. That could spill over into the raw market with people not wanting to pay the inflated prices for graded cards and create a spike in demand and likely spike in prices that hasn't been seen yet.

not sure about this.... the people making these submissions and causing problems are flippers. the are grading Ja Morant pinked cracked ice young gun autos.
they are after endless profits in an endlessly rising market. if the market cracks, they will go away faster than they came.