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Everything posted by MatterEaterLad
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CGC will be fine. They'll take a small hit to their reputation and maybe their bottom line. Unfortunately, most of those submitting won't even know about this scandal. There are so many CGC fan communities that will be insulated from this. I got the ban hammer from the CGC fan page on Facebook for just mentioning this scandal. And that's a group with 37,000 members, that the mods there are keeping in the dark.
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I hear ya Sky, I do. I'm not talking about that book. Read what comicwiz shared on page 126. A green book was originally graded on 2/24, then regraded with a blue label on 2/28 (over the weekend). It's the same green book, switched to a blue label, with a DIFFERENT cert#. This is making my head hurt.
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I'm not talking about a Blue book being switched with a lesser quality Blue book. This Hulk 181 was originally given a Green label, then regraded to Blue, in one working day, so no time for it to be sent to the seller for the switch. You could argue this was a mistake, but that same mistake has happened with 5 other Hulk 181s all sold by the same person. The switch of either the book or the label happened at CGC.
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The dates in the grader's notes are hard to explain away. A Hulk 181 was graded Green on a Friday and then Blue on the following Tuesday. There's no way someone got their book shipped to them, did the switch, and shipped it back for grading in one working day (Monday). There's someone doing this at CGC, then someone else doing the selling.
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In June of this year Blackstone hit $1 trillion in assets. That's all CGC is to them, an investment. I don't think they have anything to do with the operations of their assets aside from maybe approving the CEO, or approving board members. Though if CGC's financials were to tank, that's another thing...
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Has @CGC Mike said anything yet? NOT blaming Mike for the silence. He's one of the best mods we've ever had. I'm sure he's well aware of what's going on but not allowed to say at the moment (unless I missed it). Who knows, there may be an active police investigation going on and they don't want to show their hand before they nab the guy(s) laundering books. They could be a big dealer for all we know, an auction house employee, etc.