News from SGC

[cammb]

Originally Posted by glynparson

I love 2022 people think just saying asinine bs makes it true.

It’s as valid as the bs you spew

[Vintagedeputy]

Originally Posted by Dead-Ball-Hitter

+100 me too... they need to focus on the competitive aspect of collecting, i.e. the Registry

Much like how people check Facebook every day, I used to go to the registry every day to see new additions, rankings, and read the message board.

[Vintagedeputy]

Originally Posted by Snowman

I would bet that over 99% of all graded cards today are modern or ultra modern. This market used to be split between PSA and Beckett until the pandemic grading explosion happened. Then both companies shut down and younger collectors decided to give SGC a try because they still wanted to flip gem mint raw modem cards, and really, SGC was their only option at the time.

Where on Earth did you get that from?

[Snowman]

Originally Posted by Vintagedeputy

Where on Earth did you get that from?

Probably the internet. I hear it's undefeated. Why, which part/s do you disagree with? I didn't think anything I said would be all that surprising. Was it the 99% estimate? You think that should be closer to 95% or something? Surely you don't think it's far off, right?

[Rhotchkiss]

I wonder whether there was any change (up or down) on the number of prewar submissions, before vs during and now post Covid. I bet there was none.

I tend to agree with Snowman that the massive influx of grading demand came from modern, which, for me, includes junk wax 1980’s and 1990’s issues of all sports (not just baseball). I bet there was an uptick in post 1950 cards as well, but I doubt that was the jet fuel that fed the Covid grading boom. I think it’s almost all modern.

One thing to remember is that prewar has a pretty “sticky” collector base. Maybe it’s our age, relative socio-economic position, or love for old things, but prewar collectors tend to hold their cards and view them as collections more than investments. As a result, the fortunes of prewar (including who is grading what) is likely a lot less fickle than modern cards

I think SGC is absolutely referring to modern(ish) in the video and I think their business, like all graders, boomed and now may start to bust (a little) because of modern.

[Republicaninmass]

The baby will get thrown out with the bathwater. After the blue chips tank a little, there will be great opportunities to buy some of these rarities. At least you have stuff you want to collect, instead of stuff you want to sell for more.

[Johnny630]

Originally Posted by Republicaninmass

The baby will get thrown out with the bathwater. After the blue chips tank a little, there will be great opportunities to buy some of these rarities. At least you have stuff you want to collect, instead of stuff you want to sell for more.

I would normally agree with you, however until we see major auction house numbers on key vintage pre-war and post-war take a 30% hit from their Covid boom highs I don’t see any deals coming our way on the good stuff. It’s too far gone, mediocre stuff yes, good stuff, no. If we want it bad enough we are all gonna have to pay and pay up.