NewWorldOrder

On 1/22/2024 at 4:13 PM, BrashL said:

No, I don't think I ever said that but it's another great straw man for you to line up and knock down.

I don't know why I even bother with you, it's very clear that your livelihood is inextricably linked with CGC's reputation, to the point that if they ran one of your submissions through a  paper shredder Banksy style you'd praise them for the uniform size of the strips. The rest of us can admit that the holder is substandard and needs to be replaced.

Many millions of dollars are linked to CGC's business.  I am no different than the many others in the hobby.

I asked you a question how is that a straw man argument to which you brought up?    I will ask again.

When you say "CGC Needs a New Holder."

Do you mean like from scratch or a slight modification?

Cause if you mean a brand new holder then that can not happen over night.  1-2 years or longer, slight modification is possible sooner.

So I am asking you and others what do want them to do before then just stop grading comics in regards to their current case?

They are obviously reading all posts here so what do you think is the best solution to start tomorrow morning.

@BrashL

When you say "CGC Needs a New Holder."

Do you mean like from scratch or a slight modification?

Correct me if I am wrong, but didn't you also say CGC should stop all grading till then and have a complete recall of all previous holders?

On 1/22/2024 at 7:13 AM, SpineTic said:

No QC problem,  just the ridiculousness of the things being graded.

Most books graded by CGC seem ridiculousness because the customer is not well versed in value.

On 1/22/2024 at 3:32 PM, scooter99 said:

What would make perfect sense would be for CGC to buy Voldermart.  Not only reduce whatever competition they may be, but for the better case technology. 

haha see my above post for that exact comparison.   WWE  and WCW

On 1/22/2024 at 3:21 PM, BrashL said:

LOL, OK I’ll let them know to close up shop.  They sell at a 10-15% discount if any, that’s not a hard gap to close. If CGC doesn’t change anything after this (including a new case) that gap can close very quickly. We’ll see.  

Yes they are failures because they failed time and time again to make any real strides to become a legitimate threat when CGC has allowed them to come in.  CGC is WWE and they are WCW.  Eventually WCW went under, and bought by WWE.  Heck even WCW put up a valiant fight.  So that Voldey has been useless.  I would love a true comic grading company WAR!  Like we did with the Monday Night Wars of the late 90's.  Consumer wins when that happens!

No major dealer uses them to sell big books on a consistent basis.

Their verified signature program has proven to not-trustworthy.

That 10-20% gap has been that way since they opened up shop so let me know when they close that gap and I will gladly start submitting to them as well.

Everyone can agree competition is good thing, I am just waiting for a real company to actually show up to challenge them. So far nothing in 24 years.

On 1/22/2024 at 3:11 PM, THE_BEYONDER said:

What’s the differential?

15-20%

On 1/22/2024 at 11:19 AM, toro said:

The competitors put out an email today that basically said our cases are better than the other guys. 

... but their final prices at auction sure aren't better.

I do not want to hear anymore from their "supposed competitors."   There is barely only one and they have missed more opportunities to capture market share then the Buffalo Bills at winning Superbowl's.  So if CGC truly ever has a real competitor they haven't opened up business yet.  You can write those other losers off.  Right now CGC stands alone.  Like it or not.

On 1/17/2024 at 5:58 AM, GDN said:

ASM 300 in 9.6 sold for the lowest it has since ~July 2020.  $750.

Heritage is not a great place to sell common post 1980 books. 

Same book on eBay would sell higher at .99c auction 7-day auction, which 2 did just a couple days prior.

BTW the fact a CGC 9.6 is still commanding  as of Jan 2024 those prices just shows us how popular Venom and McFarlane are.

The book is so common even at CGC 9.6 a ASM #300 going for $500 is still high.

On 12/15/2023 at 5:18 AM, flchris said:

Just me or has there been an uptick in cancellations for whatever reasons lately? 

Interesting you say that.  In my 20 years on selling on eBay what I noticed is at the beginning of each new year in January there is an uptick.

My best guess is credit cards bills come due for all the useless junk most people buy during the Holiday season, and then they go "uh ohhhh" I cant afford this comic."  My best guess as to why this happens mainly in Jan/Feb.

Also then you see higher sales in March April May as income tax refunds come in, and people as per usual stupid with their money splurge. 

On 12/15/2023 at 3:37 AM, Key Largo Comics said:

Blocked for non-payment: hrach8485

Sent me this thoughtful message after I accepted his offer giving him a large discount...

"Hey I’m gonna need to cancel this order i have just over spent and need to stop spending money for awhile.. I’m sorry 😞 if I happen to do any bidding in the future with you I will pay promptly .."

Never ever cancel for a buyer in these kind of examples, just say nothing.  Relist and cancel for non-payment after 4-days.

eBay for me is an assembly line of buyers (mostly good).  I have no emotion to the bad ones just block and move on.

I quite enjoy my block bidder list, its like a badge of dis-honor

On 1/9/2024 at 5:36 PM, shadroch said:

So, CGC owns half a million dollars' worth of books.  Books they graded themselves.  Now what?  Does the unbiased third-party grading company go into selling comics?  The 9.8 they paid the market price for but is closer to a 9.2 will sell better in a 9.4 slab.  They'd be much better off returning the 9.2 and giving the owner a nice check.

Not my problem anymore.  As long as I get my market value $ for the book I move on, and call it a day.

What they do with the book is up to them, they bought it from me its now their's.

But yes that would be a nice thing for CGC to do for their customers I agree.

On 1/9/2024 at 3:50 PM, wiparker824 said:

Not everyone has the same financial means or the inventory on hand. When you have said financial means or inventory on hand sometimes you may hear a “get rich quick” scheme pitched to you which is usually a scam. Not saying this did or didn’t happen, but there are many reasons why a scammer involves other parties, this is one example.

True, but like we both agree.  We just many never know the full details.

On 1/9/2024 at 3:41 PM, BrashL said:

Man you love those straw men don't you. So easy to knock down.

It's also hard to have a rationale conversation with someone who thinks every CGC slab since 2000 is now null and void. 

On 1/9/2024 at 3:43 PM, mrd160 said:

Knowing the people involved. I do not agree. I won’t post it here but there is evidence out there that I have shared with CGC

I am saying how I would do it.  The scammer was even more moronic to show others how he did it if that is the case (pun intended lol).

On 1/9/2024 at 3:37 PM, wiparker824 said:

There are things about your case that are unique and largely important even if the book you bought happens to be legit. A lot of the sales of these books were funneled thru an eBay account or two or three, which are also important but don’t have the same interactions as a private sale. I really do hope the effort was not wasted and that it’s being investigated. 

Also to keep in mind while I agree I am sure he had some "rat holes" doesnt mean the scammer showed his skills to others.

Personally if I were the scammer I would keep the process to myself, but just need others to sell the items through.

Does that make sense?

On 1/9/2024 at 3:28 PM, mrd160 said:

Here’s another take that may not be that popular here,CGC is technically the victim. What’s happening here is not their fault they have to take responsibility, I get it, but the companies been taking advantage of by a bad actor. That’s not me being a CGC apologist it happens to be a fact

Well the other factor I am not seeing people really talk about here is these tampered books still have value.

Just take the 350 books total market value lets say is $1 million (just making this number up it up for example).

Some will get a clean bill of health and the value is still there (CGC owns nothing besides reholder/shipping/worker wages of that book)

Others will get a new grade and CGC has to decide how to pay the difference/credit.  Example ASM #300 CGC 9.8, but is really a CGC 9.2.  They have to buy the book, but still have a legit CGC 9.2 in a new tamper-free holder.

So it could be CGC would only owe half of that amount in buybacks.

Crude example but I think you get my point.

On 1/9/2024 at 3:26 PM, mrd160 said:

I will share this here I met the alleged scammer in person and it really set off red flags for me, something about him, and I bought from them anyway which I’m still kicking myself on. We need to trust our judgment when it comes to people and  I did a fairly big deal with him privately and I’m lucky that it turns out my book is probably legit. But that’s just luck because he offered me a bunch more books at the same time some of which are on the hot 350 list. I will say this in CGC‘s defense matter what they do scammers are always going to try to scam. I just want this whole thing routed out because based on information I have (which I have already shared with CGC), It is very unlikely he acted alone. For the record that is not speculation that is based on my actual real life interaction. And believe me I have the receipts

Well I really hope the information you provided CGC really helped.  Thanks for calling in and helping.

On 1/9/2024 at 3:22 PM, skybolt said:

Not to mention that CGC actually did spot some of the trimming and gave him qualified grades. I just wish they had put 2 and 2 together quicker.

Didn't you just prove my point with some?

Zero chance you can stop micro-trimming consistently with out the help of maybe AI.

I have no proof it is still happening and I hope to God it is not, but there stopping a professional seems impossible unlike this current scandal at the CGC level.

On 1/9/2024 at 3:21 PM, comicjel said:

At this point, even if nothing else is changed, CGC will need to review the photo they kept of the original book before they put in new holder without regrading - I can't imagine they have not already implemented that procedure.

totally agree

On 1/9/2024 at 3:20 PM, mrd160 said:

Since I don’t really do slabs….it would have gotten by me. 

IDK I am sure your life-long skills in the hobby would have sniffed it out.

On 1/9/2024 at 3:18 PM, bc said:

Not really sure that matters if he damages the corner and claims an ME or shipping damage after the swap.

-bc

Right, but I think he was referring to more getting it by buyers via sales.

On 1/9/2024 at 3:16 PM, mrd160 said:

For first try I thought it was pretty good imo  

It was

I give him that.

Yes I mean it wouldn't surprise me if they gotten it past some collectors for sure, but again who knows the real number.

On 1/9/2024 at 3:14 PM, mrd160 said:

Immaculate comics did a video showing exactly how easy it was to swap the books.

You mean the video that showed with the heat gun and how easy it was for even a novice to spot it was tampered with?

That one?

On 1/9/2024 at 3:11 PM, greggy said:

Are you going to be there for cocktail hour?

I wasn't sure if it was going to be worth it but I just do it to kill time if no one else is there yet. 

Umm yeah I will be there starting Friday.

Anymore questions just PM me because I dont want to the "sky is falling" boardies here to think we are bringing some fun & sunshine to their stormy mind to derail this thread.