MAY1979

Well my sole reason for considering going with CGC has been eliminated. My 2 sticker sets, plus all my other Comic Cards will remain in their Card Savers or at a future date be submitted to the folks in Newport CA . CGC trading grading was fun while it lasted, I guess??? Thanks anyhow CGC Lyndsey, your professionalism would have netted CGC my Comic cards related business had it not been for this label change.

= 9.4

That would have eventually permeated the hobby and slowly they would first be considered as good as PSA then eventually better. Changing perception for the good is a 10 year plan to be sure. It's bad long-term business for CGC but the parent company will probably sell them off anyhow before decades end. Congrats to PSA they have won again being more far more strict was CGC's only chance. P.S. On net54 and PSA Forums most, but not all, stories of sending in CGC graded cards resulted in lower grades. I own a mere 2 CGC graded cards both 9.5. On one the centering would make it a PSA9 at best but most likley an 8. The other might be a PSA9 and prior to 2021 it had a punchers chance at 10. I do a lot of PSA submissions and BGS or SGC cross-overs (got to crack it out first!) my hit rate at being correct in my grade estimations I'd guess is around 70% which is pretty good actually. Anyhow PSA maximizes profit for anyone selling a card and now that ain't going to change.

Loosening grading standards will be a huge mistake. Same mistake Beckett and SGC made years back. Once market perception is you are less strict than PSA you will never truly compete with them. PSA has become much more strict the last 2 years , if CGC has loosened standards then PSA is handed yet another victory. Glad i held off submitting and buying cgc

just a matter of aging out like with stamps. Stamps for most of 20th century was regarded as the largest hobby in not just USA but the entire world. Effects will be slow but eventually only keys or key of keys will be liquid.

Yep! Nothing lasts forever. its plausible that the panemic bubble was the last harrah for comic book bubbles. Please note in a bubble most comics in most segments of the hobby are warm or hot at same time.

its happened to stamps, it can happen to anything

Thanos Copter is Essential! In many ways the most important story Marvel has ever produced

^ after what you and others have mentioned, I've renamed this topic to Collector (or Speculator) Fatigue

interesting and a bit unusual.

Actually from what you have wrote you did have modern collecting fatigue and smartly moved to other segments of the hobby, I think that supports my premise. Many though I feel do not migrate as you did they are now simply leaving the hobby. Especially the younger they are and have only picked up comics thinking they will make easy money like they may have in 2020-early 2022, now they are learning loss on ROI is just as likely as gain.

If slabbed for me personally if the outer covers has a lower grade than the inner I have zero interest. The reason is why pay 9.6 money for a comic that displays as 9.4, 9.2 or lower? My opinion is multi-covered books are of interest to a subset of collectors.

Donruss is company name, Don Russ was the founder :) not mine:

Sellers with true business acumen adapt and will be fine. But you have some sellers right here on this forum who somehow do not believe cash flow is a good thing. Link to a good paper that explains in simple terms why cash flow is more important than profit; https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwiW-pr4gc3_AhV0E1kFHVt4AooQFnoECA8QAQ&url=https%3A%2F%2Fwww.unomaha.edu%2Fnebraska-business-development-center%2F_files%2Fpublications%2Fcash-flow.pdf&usg=AOvVaw0MCQu1LCNH8Z9nJPa4dF_g&opi=89978449 Also important to note for pretty much their first decade Amazon lost money but had huge cash flow.

Yet another example of why collecting White pages and eschewing Off-White to White is partially a joke. Please ignore my signature for this post as it pertain to silver age as well as early bronze.

Reminder folks Goldin auctions has been a subsidiary of Collectors Holding Company Ltd (formally Collectors Universe) since 2021. They also own PSA and WATA https://www.collectors.com/about-us Cohen Private Ventures, LLC is the parent company of Collectors Holding. So yep you are correct, a 1M loss is nothing for them if it buys them cred. Although I'm betting they figured a month or 2 back it would only be 300-500K loss, still 1M is less than Cohen pays Scherzer for each miserable start he makes. P.S. It completely boggles my mind that CGC broadcasts Goldin sales from links on their home page but yet displaying an image of a CBCS slab on this forum is forbidden. https://www.cgccomics.com/news/article/11830/superman-action-comics-million/

"The Good Duck Artist" While way, way, way before my time I wanted a classic Barks cover example. I settled for a reprint, which still wasn't easy to find.

I am a Freedom Fighters fan but no way I'd spend good money on Dollman. I too would allocate towards something similar to Hulk 181. Still due to tiny quantity of GA Dollman, pun intended, the interest can be still lowish for it to still command fair coin, for a while anyhow. I do think Western and Crime stuff is varying degrees of toast as the next 20 years ticks by... Not sure why but I can see War books sustaining less causalities - yep pun intended. P.S. Please ignore my signature for this posting.

Superman #1 1939 was not

^ Jimbo, plausible the 3rd high bidder was the house in disguise.

PSA's parent firm owns Goldin Auctions so very suprising CGC on their home page in effect is providing free advertusing for them! Yet in these forums displaying a cbcs slab is decried forbidden. Highly incongruent...

I bet if you had offered $40, they would have told you they would be selling it at a loss.

I'd like to add "More Ron is what More Ron does" . I've never accessed the site but seems to me its rife with sheep who love being fleeced.

Possibly a contributing factor in why the majority of shops did not survive that decade? What works during a bubble is usually poison during a bust. Wonder how many sellers will learn that in these times? A buddy of mine opened his shop at start of the bust in 1994. He only survived his first full year due to POG sales - remember that fad He then quickly learned make a big deal with signage about offering books at 25% below Wizard. After 26 years he closed shop the Summer of 2020, not due to the pandemic but to semi-retire. Actually he was going to do that in 2018 but received a great rent break on renewing his lease for 2 more years.

I was reading go collect earlier - you know where Matt Tuck shamelessly tries to hype any comic for which he has multiple copies to sell - yet another ponderous, self-serving "article" on Spider-Verse alleged "investments" and I got to thinking... How many collectors are going to seek all these books most of which in few months will sell for a fraction of their hype induced cost? Seems to me Collector's Fatigue will only increase and those clueless folks who buy stuff when hot will jump off the treadmill. As the number of those jumping off increases expect less books without true substance to become hot and when they do - cool down faster and faster. IMHO it's good thing but of course I don't sell comics so no bias that comes from lost income or prospect thereof.