blazingbob

Wow I put out there the possibility of a "bigger picture IPO down the road" and now everybody is a investment banker. Anybody see the recent sale of Topps? You think the sports card market is dead? Unless you have access to the financial books all of this is pure IMAGINATION. There have been plenty of examples of polishing the turd and bringing it public

Hold on, I'll go get Superman to chime in

Sounds like a shill bidder panicking they might have to buy the books.

Are you looking at this from just the comics perspective? They just graded 1 million cards, do you know how profitable grading cards is? A lot more then comics I bet. 2 dimensional grading, no counting of pages. Grading probably takes less then a minute. Printing money. Again, Blackstone doesn't invest 500 million into a business not expecting to shine it up and move on later. This isn't the convention business model

If the X-Men #26 is not sold I'll take it

If the #34 is not sold I'll take it

When CGC tries to tell me that I ask them to write me a check and buy the book. The same goes for auction houses stating they will sell books at a certain price. Write me the check for that amount and go for it. Past sales do not guarantee that I will repeat that sale.

Oh, you mean the BIC. We all love acronyms. Here is the new one Because I Can fee

Invoice handling fee Or you can use the following code Invoice creation cost - $.25 Invoice email costs - $.25 Invoice payment processing cost $.25 Paper invoice cost $.25 Packing material cost $.25 Tape material cost to seal the box $.25 Website cost recovery fee $1.50 Support the local economy fee $1 Cost of alcohol recovery fee so that we can deal with customers $5

If you don't pay you don't get to see the new stuff you are getting.

Unless Roy says it first and often it didn't happen

The way it was presented was by I believe Iceman presenting a thread last night that I got notified on. Since I hadn't logged into my dealer portal I wasn't aware of this new "fee". Today I got the email from CGC about the new fee.

Since everyone is a dealer I think all of you should sign up for thi

This fee goes across all the grading companies, card, coin, comics. So yes 200 is a very low number.

I don't submit any books for my customers so who am I passing the cost down to? Comes out of my pocket.

Here is my assessment of the price hikes and new fees. Mark my words in a few years CCG will be going public. All of this is being done to boost the bottom line, show revenues, backlogs across all the grading companies, increased demand, capital investment, the media announcements showing how hot the market is etc. All of these things are "small stuff" in the big picture of how "investment banking works". Boost the numbers, come up with the projected cash flows and float the IPO. Pull your investment out plus a nice fat profit. Wait for the first quarterly report and listen to the "why did you miss your numbers" excuses.

First off, I'm a dealer that has been with CGC since they opened. CGC is not my employer. They are a grading company that I choose to use. They may be the one that grades the book but I'm the one standing in front of the customer selling it. CGC does not "sell" the book.

It is not that the seller would sell one for less then the other. It is that the buyers won't pay the same price. Accurately graded books will always sell faster. If you are looking at a book and questioning the grade and it is the same when looking at lots of books you come to the determination that their grading is loose and that you automatically downgrade the book in the holder. CBCS did it to themselves, the market didn't do it. You get a reputation as a loose grader it sticks with you.

Based on some of the other features I have emailed them for further clarification.

I am not sure that will apply to me. This would be news to me since I have not gotten any notification from CGC. bob

I'm not following this, sorry

Per PM taking the FF #1

This sale was lower then the Comiclink end of Dec sale of $42,500

Easy response - www.highgradecomics.com. Oh wait. www.vintagecomics.com doesn't work

Imagine that? Having to actually work a bit to make a sale. In my case it is as simple as run a query against my website, link to the result set. Total amount of effort exerted, 1 minute. Damn I'm exhausted. Here is a suggestion that might be better. Come up with the "I'm just looking" identifier.