xsmr2-migration

CGC did not acquire CI. Their parent company, CCG, did. I don't believe you ever answered my question, but perhaps you never saw it, so I'll ask it again. Your name shows you signed up here in 2002, but you never posted until the thread about the cost of grading notes in 2012, why? What did you want my first post be about?

CGC did not acquire CI. Their parent company, CCG, did.

More Loki?

This.

CGC will not own the company. They will be sister companies. It is CCG that is buying Matt's company. Classics only works on comics, unless they spread out to coins and cards, the issue is only relevant with CGC items...so the relationship is there, between the two parts of the umbrella company. So why has there never been a problem with CCG owning both NGC and NCS?

CGC will not own the company. They will be sister companies. It is CCG that is buying Matt's company.

The press release seems to be saying more that this will affect CGC's CUSTOMERS, not the graders and other employees of CGC. Of course the press release is about how this will affect CGC's customers. Make up your mind!

You, and a lot of other people here seem to think this announcement is "CGC has acquired Matt's company." But that is not the case. CGC has not bought anything. It is CCG, the umbrella company, that has acquired Matt's company. This will likely have very little effect on CGC. You might think it's no big deal, but when you play it down too much, your posts lose credibility. The original press release is filled with comments about how this will affect CGC. . Of course, those are all couched in positive terms, but this move leaves things open to very reasonable questions and concerns. As has been stated repeatedly already, the issue is not CGC's honesty, integrity, etc. It's the perception of said. If the perception takes too great a hit, it will have a negative and possibly huge effect on their business. When a company is basically selling integrity as CGC is, the powers that be need to keep this foremost in their minds. The press release seems to be saying more that this will affect CGC's CUSTOMERS, not the graders and other employees of CGC. Customers, who wish to use Matt's service, won't have to have their books shuttled between Texas and Florida anymore. It saves them (the customers) time and money.

You, and a lot of other people here seem to think this announcement is "CGC has acquired Matt's company." But that is not the case. CGC has not bought anything. It is CCG, the umbrella company, that has acquired Matt's company. This will likely have very little effect on CGC.

so they're under the same corporate umbrella. again, how is this separate? Well, let's see. You know how CGC graders don't grade coins? And NGC graders don't grade comics? Like that.

sycophant in the house I'm not sure how to react to you calling me that. Hold on. Ok, I just looked up what that means. I'm offended!

CGC won't be pressing anything. It'll still be Matt's separate company. The same way NGC won't conserve your coins. But their sister company NCS will. they acquired his co, how is that separate? CGC didn't acquire Matt's company. The umbrella company CCG did. They're going to be 2 separate sister companies (again, like NGC and NCS).

CGC won't be pressing anything. It'll still be Matt's separate company. The same way NGC won't conserve your coins. But their sister company NCS will.

That's a good point! Will they now disclose pressed book on it's labeling? Why would they? CGC has never considered pressing to be restoration. Even if someone told a grader that the books they were working on were all pressed, they wouldn't do anything different. If done correctly, pressing is undectable. If it's done incorrectly, the book gets damaged and is downgraded.

(thumbs u