All SGC until the rest of the grading companies get their act together

[discodanman45]

After dealing with the nonsense of PSA and sending a 50 card bulk order to CSG which will now probably be a year, I am done with any grading company that doesn't adhere to turnaround times and checking in packages. SGC is a superstar right now among the cesspool of grading companies. I sent a package from California on Tuesday, May 11th and I got an email confirming they received my package today on Friday, May 14th.

I hope everyone keeps on sending bulk to CSG so I can use SGC for $30 a card. If SGC gets overwhelmed I know they will raise prices but as long as they stick to their turnaround times and check in packages quickly they are the only company I will use.

[Ericc5Bears]

It is absolutely unbelievable how much SGC is KILLING the other grading companies right now. I've submitted 3 orders now at $27 a card and the turnaround time out my house to grades popping was on average 10 FREAKING DAYS. Most of my $300 per card PSA super express orders take longer than that. Plus their grades seem so much fairer than PSAs, it reminds me of how PSA used to be before they started grading ridiculously harshly. A lot of people thought that PSA shutting down was genius because it would overwhelm their competition but my god has SGC answered the bell and then some. I don't think they'll ever get another card from me worth under $1000 and I wouldn't be shocked if a bunch of people adopt that same mindset if SGC can keep this up.

[Dusty1985]

How psa used to grade until this last year.
The price multiplier for a 10 was never justified.
Pop reports mean nothing if it’s a pop 14000 or pop 10
Grading is a commodity and so much of it is just subjective greed.

[discodanman45]

I was all into PSA because of the registry and thought it would be cool to put together a HOF MLB registry. However the turnaround times and prices of cards have completely changed my mind. I am open to any company now and buy the best card for the price in a slab from PSA, BGS, SGC, and even CSG with subgrades.

Everyone talks about ROI, but what good is ROI if the card stays in a warehouse for a year? For $30 you get you card graded fairly, returned lightening fast, and can make money still with decent grades. I have a PSA 7 Rickey Henderson rookie that is perfectly centered that I have no idea how it didn't get a PSA 8. I think I am cracking it and submitting to SGC. If you asked me three months ago that I would be thinking about cracking a PSA Henderson rookie to submit to SGC, I would have just laughed at that. The rage of my cards sitting at PSA grows every day...

[thenwhatjk]

Khaldrogo is gonna yell at you guys

[rroboo]

Originally Posted by discodanman45

I was all into PSA because of the registry and thought it would be cool to put together a HOF MLB registry. However the turnaround times and prices of cards have completely changed my mind. I am open to any company now and buy the best card for the price in a slab from PSA, BGS, SGC, and even CSG with subgrades.

Everyone talks about ROI, but what good is ROI if the card stays in a warehouse for a year? For $30 you get you card graded fairly, returned lightening fast, and can make money still with decent grades. I have a PSA 7 Rickey Henderson rookie that is perfectly centered that I have no idea how it didn't get a PSA 8. I think I am cracking it and submitting to SGC. If you asked me three months ago that I would be thinking about cracking a PSA Henderson rookie to submit to SGC, I would have just laughed at that. The rage of my cards sitting at PSA grows every day...

I am ok with making 15%+ on a card sitting for grading a year. However, the market could change drastically and you cannot predict the season you get the card back. A majority have a mindset like yours, including me.

[hxcmilkshake]

Originally Posted by thenwhatjk

Khaldrogo is gonna yell at you guys

The Reverend too. But keep it coming more people to bad mouth them and not send keeps the TAT reasonable

Sent from my SM-G981U using Tapatalk

[acumm11]

Submitted a 375 card bulk order that was received by them on Tuesday. I kid you not they hit post-grading processing yesterday. 3 business days! At $25/card too. Unheard of.

[discodanman45]

Originally Posted by acumm11

Submitted a 375 card bulk order that was received by them on Tuesday. I kid you not they hit post-grading processing yesterday. 3 business days! At $25/card too. Unheard of.

This shows me that SGC is the only company that can manage submissions and turnaround times. Which is what every company should have been doing. If you need to raise prices for turnaround time, that is what needs to be done. Let the market dictate the price of slabbing a card. If $30 creates a slight backlog, just raise the price for submissions. It is this simple.

However people would rather wait 1 year at a cheaper price which makes no sense. How is that cost effective? What will the market be in a year? If I submitted all my Topps Gold Shaqs to SGC I could have made more money during the last hype. When I get the cards back from PSA I will have left a lot of money on the table. I think many people with economy orders or bulk at PSA right now would have loved to have their cards graded by PSA a few months ago and sold them during the last peak.

[The_Reverend]

Originally Posted by hxcmilkshake

The Reverend too. But keep it coming more people to bad mouth them and not send keeps the TAT reasonable

Sent from my SM-G981U using Tapatalk

Too funny but too each their own. The numbers do not lie. I grade stuff that have been sitting in boxes fir years as of late, so waiting does not bother me. This says it all

[discodanman45]

Waiting may not bother you now, but if certain cards are pumped or if rapid decline in cards happen you may change your mind. PSA 10's are also inherently overvalued right now compared to everything. SGC 9.5's are outselling many PSA 9's right now. Not every card is a PSA 10, but you need to cherry pick grades to make your example look more extreme than they actually are.

[acumm11]

Originally Posted by discodanman45

Waiting may not bother you now, but if certain cards are pumped or if rapid decline in cards happen you may change your mind. PSA 10's are also inherently overvalued right now compared to everything. SGC 9.5's are outselling many PSA 9's right now. Not every card is a PSA 10, but you need to cherry pick grades to make your example look more extreme than they actually are.

Yeah, his theory includes pretending that PSA doesn’t pop control.

[Woodsy074]

Originally Posted by The_Reverend

Too funny but too each their own. The numbers do not lie. I grade stuff that have been sitting in boxes fir years as of late, so waiting does not bother me. This says it all

This stuff peaks my interest and at the end of the day I'm a math nerd. End of day value, while important, isn't the only factor you should consider. If you run an IRR on these sales you actually are far better off with SGC. Assuming you graded today (with these exact results), net 85% after fees on sale, factor in $30 vs $300 grading fee and a two month holding period (accounting for grading time, return shipping and auction time), the IRR on the SGC sale is much higher. If you wait for Value to return and assuming the same $20 / card fee for PSA with a two year turn around, SGC is clearly the winner.

My day job is in Real Estate Development and trying to predict what a market will be 2-3 years out is always a gamble. My Investment Committee would do the SGC deal 100 times out of 100 if I brought both in. Much lower outlay of capital with a much higher adjusted return.

[The_Reverend]

Originally Posted by acumm11

Yeah, his theory includes pretending that PSA doesn’t pop control.

Never said they do not. Fortunately for me grading is not the end all be all. If I miss the pump, so be it! 75% of what I have and am grading has been in my closet so why not wait for the best ROI instead of settling for just having my cards graded? I sent them a submission to test their ROI and they did not pass. I would not even have commented had my name not been mentioned. Lol. The number do not lie.

[The_Reverend]

Originally Posted by Woodsy074

This stuff peaks my interest and at the end of the day I'm a math nerd. End of day value, while important, isn't the only factor you should consider. If you run an IRR on these sales you actually are far better off with SGC. Assuming you graded today (with these exact results), net 85% after fees on sale, factor in $30 vs $300 grading fee and a two month holding period (accounting for grading time, return shipping and auction time), the IRR on the SGC sale is much higher. If you wait for Value to return and assuming the same $20 / card fee for PSA with a two year turn around, SGC is clearly the winner.

My day job is in Real Estate Development and trying to predict what a market will be 2-3 years out is always a gamble. My Investment Committee would do the SGC deal 100 times out of 100 if I brought both in. Much lower outlay of capital with a much higher adjusted return.

Nice! Like I said it still a hobby for me. The grading component is new. Just like the stock market there is a short play and a long play. I do not agree with the long wait of PSA and most agree with that. However, they have made people a lot of money while they waited. Timing any market is not good, but if I am holding cards anyway and not looking for immediate flips PSA is for me. Oh yeah, I am testing CSG also.

[Woodsy074]

Originally Posted by The_Reverend

Nice! Like I said it still a hobby for me. The grading component is new. Just like the stock market there is a short play and a long play. I do not agree with the long wait of PSA and most agree with that. However, they have made people a lot of money while they waited. Timing any market is not good, but if I am holding cards anyway and not looking for immediate flips PSA is for me. Oh yeah, I am testing CSG also.

You say that but you are always quick to bring up ROI in response to eveything.

[The_Reverend]

Originally Posted by Woodsy074

You say that but you are always quick to bring up ROI in response to eveything.

Yes indeed. As I said been in the hobby since 1989. Started grading closet stuff. ROI is important in any “business”. If ROI was not important, GEM, MINT OR one of the other forgotten grading companies would be number 1. They are cheap! The encapsulate your card. They are fast. There we go. All 3. Truth is ROI matters.

[MFaulkCollector]

Originally Posted by Woodsy074

This stuff peaks my interest and at the end of the day I'm a math nerd. End of day value, while important, isn't the only factor you should consider. If you run an IRR on these sales you actually are far better off with SGC. Assuming you graded today (with these exact results), net 85% after fees on sale, factor in $30 vs $300 grading fee and a two month holding period (accounting for grading time, return shipping and auction time), the IRR on the SGC sale is much higher. If you wait for Value to return and assuming the same $20 / card fee for PSA with a two year turn around, SGC is clearly the winner.

My day job is in Real Estate Development and trying to predict what a market will be 2-3 years out is always a gamble. My Investment Committee would do the SGC deal 100 times out of 100 if I brought both in. Much lower outlay of capital with a much higher adjusted return.

This all makes a lot of sense... but it also assumes you need to have that money back in your hands to do things with. People who grade very strategically with rarer cards in lower volumes don’t care about the wait time and they don’t care about the immediate cash grab. It’s always a long game to them.

Some of those who do this for their primary means of income may be sitting on gains of 100k or more right now from the previous year or two and can absolutely afford to wait 8 months, 12 months, or longer for the return.

The choice will always depend on what situation the submitter is in. PSA isn’t stupid, and I’m sure they are seeing and hearing stories of 200,300 card submissions being completed on time very quickly at low price points. They will likely need to decide if they want to leave sub 500 value items behind and brand themselves only on the higher end moving forward.... or if they want to utilize the resources they have, eventually match another company who is having success and monopolize the entire industry. They would have no reason to shut down anything regular or higher if they planned to bail on bulk and the lower end. I’d be surprised if they didn’t have a plan and process in place by 2022 that gets you bulk pre 2017 for 25 or less per card and 60-80 business days

[MFaulkCollector]

Originally Posted by The_Reverend

Yes indeed. As I said been in the hobby since 1989. Started grading closet stuff. ROI is important in any “business”. If ROI was not important, GEM, MINT OR one of the other forgotten grading companies would be number 1. They are cheap! The encapsulate your card. They are fast. There we go. All 3. Truth is ROI matters.

He’s looking at this through the lens of someone who would be doing this on a daily basis and their primary form of income. The truth is; most people under this category just can’t afford to wait out PSA. It’s more of a month to month living style than a comfy salary job. In a situation like this time spent in grading likely loses out. Get 15 percent win 100 times over and do that 3 times while you wait on psa to get 30 percent or more. Bills need to be paid and more product purchased. PSA would tie up any cash flow and kill your day to day flipper who depends on grading to live and pay bills.

I’m more like you. I do this for fun. Hold my rare items for 6-12 months that’s fine. I’ll take the absolute max value possible for years down the line. I’m likely in the minority but I’m not playing grabass with base or rcs either. It’s all rare parallels case hit inserts or mid to higher end 90s

The submitter needs to be smart enough to know what their goals are

[PostBaloney]

search "SGC" on ebay...sort by ending soonest....see more than half of auctions not catching a bid or at bids less than 50% of PSA



thats a pass for me dawg


SGC seems like a very well company but for whatever reason the ROI for SGC slabs is terrible, better off sending to GMA lol

[Inferno]

I have nothing against SGC, I think they're excellent. I'm also not a relentless PSA pumper like some of the others who seem to stalk any thread about the other companies, but I will say this: SGC being able to keep up with turnaround times has more to do with demand for the services being low compared to the others. They said out loud in the SCI behind the scenes video that they max out around 4,000 cards a day. That's a lot of cards in a day for sure but PSA has been doing what, 20k or 25k cards a day? And they still have millions of cards in the backlog.

Let's not pretend PSA and SGC are dealing with the same volume of submissions and SGC is magically keeping up while PSA or any of the other big ones aren't. It's not apples to apples. They're doing excellent right now for a company of their size but it could easily get out of hand for them again with the recent price decrease.

[acumm11]

Originally Posted by Inferno

I have nothing against SGC, I think they're excellent. I'm also not a relentless PSA pumper like some of the others who seem to stalk any thread about the other companies, but I will say this: SGC being able to keep up with turnaround times has more to do with demand for the services being low compared to the others. They said out loud in the SCI behind the scenes video that they max out around 4,000 cards a day. That's a lot of cards in a day for sure but PSA has been doing what, 20k or 25k cards a day? And they still have millions of cards in the backlog.

Let's not pretend PSA and SGC are dealing with the same volume of submissions and SGC is magically keeping up while PSA or any of the other big ones aren't. It's not apples to apples. They're doing excellent right now for a company of their size but it could easily get out of hand for them again with the recent price decrease.

Let’s not pretend like PSA is doing anything about it either. Say everything was equal shouldn’t PSA have zero backlog? Why let it get to over 10+ million cards before you do anything? They shut down but guess what they would have to be closed for over a year straight to get that backlog down to nothing. Why not do what SGC is doing but at a larger scale?

[KhalDrogo]

Originally Posted by acumm11

Let’s not pretend like PSA is doing anything about it either. Say everything was equal shouldn’t PSA have zero backlog? Why let it get to over 10+ million cards before you do anything? They shut down but guess what they would have to be closed for over a year straight to get that backlog down to nothing. Why not do what SGC is doing but at a larger scale?

Because some of us don’t mind waiting to get what we want.

[acumm11]

Originally Posted by KhalDrogo

Because some of us don’t mind waiting to get what we want.

Absolutely spectacular answer. PSA advertised services that were completely misleading and nowhere near their estimated turnaround times. They created a massive backlog that if they ever figure out how to fix would absolutely saturate the market with PSA slabs. They are shut down for at minimum three months to merely open packages they received from the previous month. They literally can’t tell you where a package is right now they say it takes 2 weeks to find them.

But hey! Some of us don’t mind waiting for what we want! Who cares if we get terrible customer service. Grading companies like PSA are the only businesses in the world where you can give a quote on estimated turnaround times, be nowhere near it, still charge full price and nobody bats an eye.

[KhalDrogo]

Originally Posted by acumm11

Absolutely spectacular answer. PSA advertised services that were completely misleading and nowhere near their estimated turnaround times. They created a massive backlog that if they ever figure out how to fix would absolutely saturate the market with PSA slabs. They are shut down for at minimum three months to merely open packages they received from the previous month. They literally can’t tell you where a package is right now they say it takes 2 weeks to find them.

But hey! Some of us don’t mind waiting for what we want! Who cares if we get terrible customer service. Grading companies like PSA are the only businesses in the world where you can give a quote on estimated turnaround times, be nowhere near it, still charge full price and nobody bats an eye.

Waaaaaaaah. I’m a PSA user and I don’t care. I knew what I was getting myself into. Not my fault if others couldn’t see what was happening last summer.

You’re an SGC user who is happy with their service. I wouldn’t let another company’s missteps get you so upset.