+1. It is my understanding that the vast majority of CBCS submissions have been and still are by dealers, so they do have a vested interest in promulgating the notion that there "is no difference in pricing" between the two companies realized. While I have seen some comparable pricing realized in grade when their slabs first started hitting the market, at least half the time, and even more frequently as time goes on, CBCS slabs go for less. The company has yet to earn mass market acceptance, and I agree with Paul, there is no reason why that should automatically happen overnight, just because some big time dealers decide to use them early, most likely because CBCS offered a discount for the business, and yet still expect to realize comparable CGC slab prices at auction. That is just not a realistic expectation IMO. I too am only a collector, and I know that I would never buy a CBCS slab either for many reasons. Here are a few of them:
1) I don't like their labels. Too much fine print. Details about the grading are good, but I don't want to suffer eye strain trying to figure out what they say is going on with a book.
2) Restored books have the same looking labels as non-restored books. This literally only benefits the seller of the book and/or the person who submits the books for grading. This seems an obvious kow-tow to those who wish to de-stigmatize restored books, but all it does is make me scroll right past CBCS books on the occasion I see them listed. If I'm doing it you can assume there are 1000 others doing the same thing.
3) Not all CBCS labels disclose trimming, simply because it's "obvious". I don't care if it's "obvious" or not, if the book is trimmed the grading company needs to put it on the label, front and center.
4) CBCS will "verify" an un-witnessed signature. Unless they have hand writing experts trained at Quantico on staff, sorry, you shouldn't be doing that.
5) I am.not going to buy a CBCS slab because whenever I see one my first question is, "what was the person's reason/incentive for sending this book to CBCS instead of CGC?" and "Is there something about this book that CBCS won't disclose that CGC would?"
6) If I have 100 CGC slabs, why would I want another random mis-matched slab, and especially of a super mega key book from a company that just started?
This has nothing to do with the integrity of the company, and competition isn't a bad thing. I also understand that there would be no point of their existence if they simply duplicated everything CGC does exactly. But CBCS is very late to the game, and the market is very conditioned to what CGC has done. And since they are the ones who came up with the entire slabbing and grading concept, it only makes sense that there is, and will likely continue to be, a difference in realized prices. (thumbs u
-J.