|
|
#1
|
||||
|
||||
Hmmm... what, a 2% market share company taking over a 60% market share company?
Who has the other 38 % market share ??? __________________
__________________
Wanted : Detroit Baseball Cards and Memorabilia ( from 19th Century Detroit Wolverines to Detroit Tigers Ty Cobb to Al Kaline). |
#2
|
||||
|
||||
PRO and GEM
__________________
FRANK:BUR:KETT - RAUCOUS SPORTS CARD FORUM MEMBER AND MONSTER NUMBER FATHER. GOOD FOR THE HOBBY AND THE FORUM WITH A VAULT IN AN UNDISCLOSED LOCATION FILLED WITH NON-FUNGIBLES 274/1000 Monster Number Nearly*1000* successful B/S/T transactions completed in 2012-24. Over 680 sales with satisfied Board members served. If you want fries with your order, just speak up. Thank you all. Now nearly PQ. Last edited by frankbmd; 10-06-2019 at 02:52 PM. |
#3
|
||||
|
||||
Quote:
Current eBay listings with the following keywords: 1,052K total hits BGS, BVG, BCCG: 269K (25%) PSA: 727K (69%) SGC: 56K (5%) I realize the results are somewhat skewed because people will name drop PSA more often than the other companies, but it loosely follows my guesstimates.
__________________
-- PWCC: The Fish Stinks From the Head PSA: Regularly Get Cheated BGS: Can't detect trimming on modern SGC: Closed auto authentication business JSA: Approved same T206 Autos before SGC Oh, what a difference a year makes. Last edited by swarmee; 10-06-2019 at 04:05 PM. |
#4
|
|||
|
|||
Interesting Numbers
Quote:
SET N167 PSA 15 SGC 39 Beckett 3 N172 PSA 4,982 SGC 9,709 Beckett 230 N173 PSA 58 SGC 433 Beckett 0 E90-1 PSA 5,100 SGC 5,597 Beckett 207 T206 PSA 242,222 SGC 115,250 Beckett 11,141 E98 PSA 1,742 SGC 1,430 Beckett 94 M116 PSA 6,916 SGC 4,546 Beckett 173 T201 PSA 10,182 SGC 5,822 Beckett 505 T202 PSA 11,000 SGC 6,038 Beckett 383 1914CJ PSA 4,826 SGC 2,894 Beckett 219 1915CJ PSA 13,231 SGC 6,688 Beckett 231 You get the idea....SGC is already a major force in grading vintage pre-war cards. If you don't like their services that's fine but you can't blow them off as a minor player - at least not in the vintage card market. They already hold their own and, in some cases, have graded more than anyone else (in the case of Old Judges, almost twice as many as PSA). To each their own, but I thought actual data might be better than "guesstimates". |
#5
|
||||
|
||||
In my opinion, SGC's big chance to gain market share was around 10-12 years ago (+ or -). Once Brian Dwyer departed to start Sterling (and later take over REA), their opportunity dwindled. If they could've somehow gotten him to take over SGC's operations, they could've had a shot. Suffice it to say that I think a lot of Dwyer and believe that he would've been able to point that ship in a better direction - from a change in plastic holders to a revamping of a registry to marketing. It would've taken a lot of work and I don't think SGC would've overtaken PSA, but SGC could've been a Pepsi to PSA's Coca-Cola.
|
#6
|
||||
|
||||
Dave, thanks for providing the the comparative pop report numbers for some of the most popular pre-War sets. I assume your SGC numbers are taken from their legacy pop reports, which I believe haven't been updated for a couple of years or so, which makes you comparisons somewhat misleading. Also, I'm surprised that you didn't include pop numbers for the T205, T207, and 1933 Goudey sets, which are very popular pre-War sets.
__________________
Seeking very scarce/rare cards for my Sam Rice master collection, e.g., E210 York Caramel Type 2 (upgrade), 1931 W502, W504 (upgrade), W572 sepia, W573, W575-1 E. S. Rice version, 1922 Haffner's Bread, 1922 Keating Candy, 1922 Witmor Candy Type 2 (vertical back), 1926 Sports Co. of Am. with ad & blank backs. Also T216 Kotton "NGO" card of Hugh Jennings. Also 1917 Merchants Bakery & Weil Baking cards of WaJo. |
#7
|
|||
|
|||
Vintage Numbers
Quote:
I agree with most on here that there's quite an opportunity for SGC here, just not sure they'll take advantage of it. I'm an SGC fan for my personal collection, but the clean up/reset for their registry and their pop reports is crucial and they can't seem to get out of their own way. That said, I like the product, the grading, and the holder so it's SGC for me. |
#8
|
||||
|
||||
There is a zero percent chance that SGC takes over PSA in the third party card grading business.
A busy month for SGC can be 10,000 cards. PSA is averaging 225,000 a month. Whether one likes PSA or not you can't reverse a market share scenario like this. The only scenario would be if some on this boards dream came true and PSA got shut down but obviously that isn't going to happen. I don't know what the exact number is today but in investor presentation materials in the last five years PSA had it at 89% of total graded cards. Generic searches on EBAY can land in the high 70's to low 80's but obviously this isn't a perfect science. SGC simply doesn't have the infrastructure to compete. As PSA's submission volume swelled so did their wait times and you can't prepare for a huge increase in volume quickly in an industry like this. PSA is making some money but this isn't a business with massive profits so once again it is hard to ramp up production. The area where PSA was so smart is they worked on their brand. Collectors like to see uniformity in their collections and so branding was paramount in them taking over the market. They are close to a monopoly at this point because cards in their slabs sell for such a premium in many cases to other third party grading companies so it almost forces the consumer to use them if they want to maximize value. They have increased prices every year for grading in the nearly ten I have been collecting graded cards consistently and volumes have gone up significantly too. No one is taking over that is for sure. Last edited by Dpeck100; 10-07-2019 at 06:10 PM. |
|
|