PSA purchases SGC

uminnesota · 02-28-2024, 10:49 PM

Collectors (PSA) acquires SGC -- more details to follow.

metsandweezer · 02-28-2024, 10:51 PM

Fanatics- monopoly. PSA- monopoly. Quality of cards- suck. Mets- suck.

brothertona · 02-28-2024, 10:57 PM

https://x.com/darrenrovell/status/17...Rx-1Hmr4TKbEyQ

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ThoseBackPages · 02-28-2024, 11:00 PM

you love to see it!

KhalDrogo · 02-28-2024, 11:03 PM

Waste of money.

finfangfan · 02-28-2024, 11:04 PM

So they will have 85% of the market… that’s nuts! I wonder how much CGC will be able to chip away at that over time?

Funkster · 02-28-2024, 11:04 PM

Oh wow.

yoyosh · 02-28-2024, 11:04 PM

Quote:

Originally Posted by uminnesota

Collectors (PSA) acquires SGC -- more details to follow.

SGC did great w pricing and turnaround times, things PSA stunk at.
So do we think they’ll use SGCs infastrcuture to improve itself, or just a classic “catch and kill”?

YourAvgSutton · 02-28-2024, 11:07 PM

My first reaction, and I could be wrong, is that this is terrible news. I love SGC’s cases and prices and turnaround times. Very curious to see what this means.

Bob Ross · 02-28-2024, 11:07 PM

Baseball4life90 · 02-28-2024, 11:08 PM

Hopefully I can get Sgc rates in a week at the local show. They usually do drop off.

brothertona · 02-28-2024, 11:08 PM

Someone needs to purchase Beckett magazine and bring it back

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Bosoxfan5990 · 02-28-2024, 11:09 PM

Fanatics and Collectors. Woo!

dunkindutchmen · 02-28-2024, 11:09 PM

Quote:

Originally Posted by yoyosh

SGC did great w pricing and turnaround times, things PSA stunk at.
So do we think they’ll use SGCs infastrcuture to improve itself, or just a classic “catch and kill”?

Yeah because they don't do anywhere near the volume.

CicadaMound · 02-28-2024, 11:09 PM

Not a fan of monopolies.

Brobocop · 02-28-2024, 11:09 PM

Trading card licenses - Monopoly
Trading card grading - Monopoly

Fun indeed.

Bob Ross · 02-28-2024, 11:10 PM

Gigantor · 02-28-2024, 11:10 PM

Me sending in my SGC 10s to be auto-crossed over to PSA 10s

Gigantor · 02-28-2024, 11:11 PM

Me sending in my SGC 10s to be auto-crossed over to PSA 10s

Bob Ross · 02-28-2024, 11:12 PM

BambinoShuffle · 02-28-2024, 11:14 PM

I am now in negotiations with blowout to buy all of your accounts. I promise to be a generous and lenient master. I will always love you peons.

livealoha · 02-28-2024, 11:16 PM

So what does that mean for sgc service? Will submission prices go up? Will sgc still keep the tuxedos? Will it be business as usual (just purchased on paper only) will then become one big grading company (instead of two) will already graded sgc slabs go down in price now? Should we all start to sell off/dump our sgc slabs now?

Hallco · 02-28-2024, 11:19 PM

Quote:

Originally Posted by BambinoShuffle

I am now in negotiations with blowout to buy all of your accounts. I promise to be a generous and lenient master. I will always love you peons.

i-trader=0

Do better!

Bcr · 02-28-2024, 11:25 PM

Quote:

Originally Posted by Gigantor

Me sending in my SGC 10s to be auto-crossed over to PSA 10s

That would honestly be the best part for me as I am not a fan of the bulky cheap SGC slabs. I also am not a fan of not having competition though.

fabiani12333 · 02-28-2024, 11:26 PM

Collectors realized submitters were starting to bypass PSA and their relatively high grading fees by going to SGC instead. SGC has been aggressively trying to pump their service in recent years through marketing and promotions. So PSA nipped it in the bud before they started to significantly eat away at their market share by buying them out -- classic behavior by mega corporations.

02-28-2024, 10:49 PM	#1
uminnesota Member Join Date: Nov 2020 Posts: 47 wnba_cards uminnesota	Breaking news: Collectors (PSA) acquires SGC Collectors (PSA) acquires SGC -- more details to follow.

02-28-2024, 10:57 PM	#3
brothertona Member Join Date: Jul 2019 Location: Atlanta, GA Posts: 6,945 brothertona1	PSA purchases SGC https://x.com/darrenrovell/status/17...Rx-1Hmr4TKbEyQ Sent from my iPhone using Tapatalk

02-28-2024, 11:00 PM	#4
ThoseBackPages Member Join Date: Feb 2010 Location: Long Island Posts: 89,484 ThoseBackPages	you love to see it! __________________ Pumpers Paradise #YouCryIBuy Four things that we cannot change each others minds about: Politics, Religion, Third Party Grading, and 2021 Bowman's Best Rookie Cards

02-28-2024, 11:03 PM	#5
KhalDrogo Member Join Date: Aug 2017 Posts: 41,109	Waste of money. __________________ I love PSA!

02-28-2024, 11:08 PM	#11
Baseball4life90 Member Join Date: Dec 2014 Location: Philly Posts: 2,032 baseball4life90	Hopefully I can get Sgc rates in a week at the local show. They usually do drop off. __________________ Flickr Link: https://www.flickr.com/photos/197630172@N02/albums I collect: Phillies/HOFers- AU's, GU, and numbered.

02-28-2024, 10:51 PM	#2
metsandweezer Member Join Date: Dec 2011 Location: Las Vegas Posts: 13,097 Cascardo4	Fanatics- monopoly. PSA- monopoly. Quality of cards- suck. Mets- suck.

02-28-2024, 11:04 PM	#6
finfangfan Member Join Date: Oct 2013 Posts: 10,984	So they will have 85% of the market… that’s nuts! I wonder how much CGC will be able to chip away at that over time?

02-28-2024, 11:04 PM	#7
Funkster Member Join Date: Sep 2022 Location: Chicago Posts: 993	Oh wow.

02-28-2024, 11:07 PM	#9
YourAvgSutton Member Join Date: Aug 2018 Location: Phoenix, AZ Posts: 1,790 sudbud!	My first reaction, and I could be wrong, is that this is terrible news. I love SGC’s cases and prices and turnaround times. Very curious to see what this means.

02-28-2024, 11:07 PM	#10
Bob Ross Member Join Date: Oct 2019 Posts: 5,021

02-28-2024, 11:09 PM	#13
Bosoxfan5990 Member Join Date: Oct 2020 Location: MA Posts: 13,435 rossisportscards	Fanatics and Collectors. Woo! __________________ X & IG: rossisportcards. Bethel Johnson & A. Vinatieri. "A Goldin Shower of sorrow and regret." -ninjacookies (11/25/24) "I'm back." -Bosoxfan5990 (2/8/25)

02-28-2024, 11:09 PM	#15
CicadaMound Member Join Date: Jul 2019 Location: Ohio Posts: 542 CicadaMound	Not a fan of monopolies. __________________ Twitter: @Lamplighter42 IG @Lamplighter.42 Looking for autos/relics of cartoon voice actors - one role as confirmed on IMDb is enough to qualify.

02-28-2024, 11:09 PM	#16
Brobocop Member Join Date: May 2011 Location: Cleveland, OH Posts: 13,699 brobocop2	Trading card licenses - Monopoly Trading card grading - Monopoly Fun indeed.

02-28-2024, 11:10 PM	#17
Bob Ross Member Join Date: Oct 2019 Posts: 5,021

02-28-2024, 11:10 PM	#18
Gigantor Member Join Date: Nov 2012 Posts: 3,413 Gigantor	Me sending in my SGC 10s to be auto-crossed over to PSA 10s __________________ PC - Jake Long - Blue Detroit Lions - Santa Claus Cards Last edited by Gigantor; 02-28-2024 at 11:12 PM.

02-28-2024, 11:11 PM	#19
Gigantor Member Join Date: Nov 2012 Posts: 3,413 Gigantor	Me sending in my SGC 10s to be auto-crossed over to PSA 10s __________________ PC - Jake Long - Blue Detroit Lions - Santa Claus Cards

02-28-2024, 11:12 PM	#20
Bob Ross Member Join Date: Oct 2019 Posts: 5,021

02-28-2024, 11:14 PM	#21
BambinoShuffle Member Join Date: Sep 2021 Posts: 445	I am now in negotiations with blowout to buy all of your accounts. I promise to be a generous and lenient master. I will always love you peons.

02-28-2024, 11:16 PM	#22
livealoha Member Join Date: May 2023 Posts: 374	So what does that mean for sgc service? Will submission prices go up? Will sgc still keep the tuxedos? Will it be business as usual (just purchased on paper only) will then become one big grading company (instead of two) will already graded sgc slabs go down in price now? Should we all start to sell off/dump our sgc slabs now?

02-28-2024, 11:26 PM	#25
fabiani12333 Member Join Date: Jan 2017 Posts: 11,443	Collectors realized submitters were starting to bypass PSA and their relatively high grading fees by going to SGC instead. SGC has been aggressively trying to pump their service in recent years through marketing and promotions. So PSA nipped it in the bud before they started to significantly eat away at their market share by buying them out -- classic behavior by mega corporations.