BGS

[Scottish Punk]

Originally Posted by HalfNipponese

PSA, SGC or CGS should begin offering BGS 9.5 true cross over special
.

They can't assume a gem mint BGS is going to be gem mint in their holders. Any BGS 9.5 with a 9 sub is likely coming back a 9 in a cross over. Or are you referring only to 9.5s with all 9.5 subs?

[HalfNipponese]

Originally Posted by Scottish Punk

They can't assume a gem mint BGS is going to be gem mint in their holders. Any BGS 9.5 with a 9 sub is likely coming back a 9 in a cross over. Or are you referring only to 9.5s with all 9.5 subs?

I'm saying all up special with no guarantees. There are a lot of people out there that will want to just get their slabs crossed for the sake of keeping their inventory relevant. I have a lot of mid-grade cards that are of high value and require insurance. The brand of the slab is going to have an effect on the value of the cards.

As a matter of protecting my investment, I see no other option but to cross my BGS cards to maintain their value. It's something I hate to do, but protecting myself is priority number one when it comes to my collection.

[Charts]

Does thing devalue current Bgs 10 pristines? I’m pretty heavily invested in these cards and this would be a complete abomination of they lose there place in the market.

[Crab]

I will gather my BGS 9.5s in a blazing encampment to be sacrificed to the fire god Auahitūroa. BGS has betrayed our people and left us wandering in a metaphorical and physical desert as a result of our devalued BGS 9.5s. Myself and my family's means of financial nourishment has vanished like smoke into the night sky. A single tear runs down my face as I write this knowing that my descendants will never be able to find peace within their souls now that a BGS 9.5 no longer constitutes a gem mint grade. I pray that the Nine Divines take no mercy on the Beckett Grading Services marketing team in this life or the next.

[bsavidge83]

I picture PSA execs and former execs sipping brandy, smoking Cubans, patting themselves on the back, fondly remembering the day when they decided to just avoid half grades. Some employee probably said 'but we need a half grade!' To which they said 'fine, we'll give you an 8.5.' then stuck that poor SOB in the basement office where he still resides, looking for his swingline stapler.

[KhalDrogo]

Originally Posted by Charts

Does thing devalue current Bgs 10 pristines? I’m pretty heavily invested in these cards and this would be a complete abomination of they lose their place in the market.

As someone invested in them, are you now more or less likely to buy them in the future based on this news?

[zeus22]

Originally Posted by Charts

Does thing devalue current Bgs 10 pristines? I’m pretty heavily invested in these cards and this would be a complete abomination of they lose there place in the market.

Yet to be determined. But...I certainly believe so.
I have about 15 BGS10 Pristines (Gold Label) that I paid a premium for because of the number "10" on the slab. The word "Pristine" was not the reason for investing in those cards.

So....for me, I believe the new BGS10 will certainly devalue my Pristines.

[HalfNipponese]

Originally Posted by Crab

I will gather my BGS 9.5s in a blazing encampment to be sacrificed to the fire god Auahitūroa. BGS has betrayed our people and left us wandering in a metaphorical and physical desert as a result of our devalued BGS 9.5s. Myself and my family's means of financial nourishment has vanished like smoke into the night sky. A single tear runs down my face as I write this knowing that my descendants will never be able to find peace within their souls now that a BGS 9.5 no longer constitutes a gem mint grade. I pray that the Nine Divines take no mercy on the Beckett Grading Services marketing team in this life or the next.

First off that is hilarious and bravo.

Just FYI, there are a lot of guys on this board that do make a living off selling and trading sports cards. This actually does have an impact on their businesses.

Damn funny though.

[Bob Ross]

Ok, I'm now all in for a simple addition of all subgrades as the grade.

Perfect card is a 40.
All 9.5's is a 38.
And so on.

[oddstuff]

Originally Posted by Charts

Does thing devalue current Bgs 10 pristines? I’m pretty heavily invested in these cards and this would be a complete abomination of they lose there place in the market.

I don't think this new grading scale will devalue BGS 10 "pristine" graded cards...it will still be super tough to get a card with THREE 10 subgrades plus a 9.5. I do hope that they will follow through on their IG comment that they are looking into making BGS 10 Pristine labels to be more distinguishable from BGS 10 Gem Mint cards.

This new grading scale will just move those cards with three 9.5s and one 10 from a BGS 9.5 label into a BGS 10 label that say "gem mint" (and I do agree with those comments that BGS may be a bit more lenient in giving out a 10 subgrade with a card with three other 9.5 subgrades so that more cards will qualify for the new BGS 10 gem mint designation). I will certainly submit those cards I have with three 9.5s and a 10 for a new label with an overall "10" on it...much more appealing than a 9.5. I also will buy the new BGS 10 "gem mint" graded cards more than a PSA 10 (assuming they pass the eye test) as I can see the subgrades which a PSA 10 does not show and especially if the BGS 10 gem mints initially are priced lower than PSA 10 equivalents. Personal preference as well...I like the thicker BGS cases more than any other on the market for the protection aspect.

[zeus22]

Originally Posted by KhalDrogo

As someone invested in them, are you now more or less likely to buy them in the future based on this news?

Easy answer....LESS.

More than happy to buy the new BGS10 Gem Mint.

[waytoomanycards]

Originally Posted by towerymt

BGS is stuck.

Too many 9.5 gem mint slabs out there to change the grading scale.

Requiring "true gem plus" subgrades to now get an overall "gem mint" grade negatively impacts a huge population of 9.5 slabs. Self-inflicted wound. Possibly worse.

Think I'll start a poll if there isn't one already: What action will you take if this change goes through?

I think they pretty much have to start over if they want a new scale.

But if 10 now means gem mint, then for previously graded cards it makes no logical sense to say that cards assessed to be gem mint across all domains are no longer gem mint. If they're re-graded, they should be 10's.

https://www.beckett.com/grading/scale

They could have kept subgrades but used text descriptors instead of numbers. Mint, Gem, and either Perfect or Pristine are all easy to understand and fit on a label. Then they could have made 10's with 4 perfects (or pristines) their black labels. They could use some other color label for cards that are perfect in 3 of the 4, but I'd probably just drop that designation going forward.

If they stick with numerical sub-grades, then I think it's harder to make this work. No matter what, it's going to look weird having 1 10 and 3 9.5's (or 4 9.5's) matched with a final grade of 10.

[ChromeGems]

Originally Posted by mc1

Thats not how they calculate final grades. The final grade formula doesnt weigh each subgrade equally. Thats another confusing quirk of the subgrades! They dont really specify how they arrive at each final grade, I believe.

PSA is just as bad or worse for similar reasons. Have you ever sent cards to BGS then to PSA? You could have a card with two 9.5s, a 9 and maybe 7 corners. PSA would assign that card a 6 or 7. Theyre basically ignoring the best subgrades and giving it the LOWEST possible grade. Same happens if the surface is bad but the rest of the card is nearly perfect. Theyll give it a 5 or 6 and thats the best youll get.

I agree and I’ve actually done the opposite, I’ve cracked PSA 10’a and re-submitted to BGS (long ago when comps were fairly equal and I was finishing a set). Sent in 3 PSA 10’s (removed from holder not crossover) and guess what, all 3 cards received minimum BGS 9.5 sub-grades of (3) 9.5’s and (1) 9 sub-grade so what does that tell you about PSA 10’s. Only difference between BGS and PSA is that BGS is more transparent. Plenty of PSA 10’s out there that have also received the benefit of the doubt when on the fence. Believing that all PSA 10’s are true gems is just pure ignorance.

[mc1]

Originally Posted by zeus22

Easy answer....LESS.

More than happy to buy the new BGS10 Gem Mint.

How many different 10s will they have now?

Now they have:
Black Label Pristine 10
Gold Label Pristine 10

They need to have new color labels for the new Gem Mint 10s

[mcsmith7777]

This ain't hard guys...

[mc1]

Originally Posted by HalfNipponese

First off that is hilarious and bravo.

Just FYI, there are a lot of guys on this board that do make a living off selling and trading sports cards. This actually does have an impact on their businesses.

Damn funny though.

None of that was remotely funny.

Found the BGS employee. I wonder what his title is?

[The_Reverend]

Originally Posted by Crab

The BGS 9.5 Gem Mint wasn't selling anywhere near a PSA 10 Gem Mint anyway. So that's probably what motivated this change. They know PSA is and will be #1 going forward. But now, their Mint+ 9.5 is going to outsell the Mint+ 9.5s from CSG and SGC by a landslide, making those companies basically useless.

CSG out of business in 18 months I'm calling. At least SGC has vintage. What does CSG have to offer?

CSG will not be out of business! I will buy a CSG slab over a BGS/SGC slab anyway because they are better quality.

[ChromeGems]

I don’t mind the change but as others have said the quad 9.5 downgrade to Mint+ doesn’t make sense and I strongly feel it would be a big mistake. I really hope they reconsider that one. They should just leave it alone and use Mint+ for any min-gem cards containing a 9 sub-grade.
Just my opinion but the changes to this chart in red I think would be better perceived. The distinction between Black label and gold Pristine speaks for itself.


Sent from my iPhone using Tapatalk

[Crab]

Originally Posted by The_Reverend

CSG will not be out of business! I will buy a CSG slab over a BGS/SGC slab anyway because they are better quality.

Quality of slabs won't keep them in business.

Look at completed sales, nobody actually makes money from selling CSG. They're just expensive toploaders




Say what you will about BGS, but a BGS 9.5 (whether they want to call it gem mint or not) will never sell for only a $1 difference compared to raw. There's just no way people continue submitting to CSG with these types of returns. I stand by 18 months left in business.

[Stech36]

I’m hearing they backtracked on the new grading scale.

[Havemercy]

Originally Posted by Stech36

I’m hearing they backtracked on the new grading scale.

Would appear they caught so much smoke on Instagram and Twitter that they deleted both post.

[rhineland]

Thank God they backtracked. The CVO should be removed immediately. In fact, their entire executive team should be removed for this and replaced with people capable of leading this company.

[rylin34]

Originally Posted by Havemercy

Would appear they caught so much smoke on Instagram and Twitter that they deleted both post.

[KhalDrogo]

God bless this company for the humor they provide me with.

[The_Reverend]

Originally Posted by Crab

Quality of slabs won't keep them in business.

Look at completed sales, nobody actually makes money from selling CSG. They're just expensive toploaders




Say what you will about BGS, but a BGS 9.5 (whether they want to call it gem mint or not) will never sell for only a $1 difference compared to raw. There's just no way people continue submitting to CSG with these types of returns. I stand by 18 months left in business.

My PC will be in CSG slabs because it is a PC and I want them in the clearest slabs on the market. I sell PSA and use them to buy my PC Cards. Not every card in the collection of people are to flip. I know how to use all of the companies so your comparisons do not change my opinion of CSG. SO is CGC going out of business as well? You do what is good for you and I will do what is best for me. Also I have some cards that have done just fine in CSG slabs that I have sold.