jfenton8287

Wait, so CGC will gladly take the insurance fees for a book that is extremely overvalued, but they won't pay out the money if they lose that book that we paid the extremely high amount of insurance on? That's correct?

I recently watched an interview that was conducted with Matt Nelson about insuring comics for submissions where he said, "If somebody puts $10,000 on a book that was worth $500 and it got damaged or lost, I don't think we're going to pay out $10,000 ya'know. Yeah, I think we'd have to agree, we have to call them out on that one".

Is this accurate? I think it's an important thing to know, moving forward. If this is what the company is standing by, will they be giving refunds to the customers that have over-insured their books?

Thanks

10 hours ago, Real Frantic One said:

 Final Price Drop:
20% off CGC books
75% off raw books

at 75% off  the following:

New Mutants #31 5.5 F- FREE w/purchase, post to claim
Secret Warriors #8 Steranko lenticular cover variant 9.6 NM+ $3
Sensational She-Hulk #4 9.2 NM- $2
Sensational She-Hulk #5 9.2 NM- $2
Sensational She-Hulk #6 9.2 NM- $2

Spider-Man #30 9.2 NM- $2
Spider-Man #31 9.2 NM- $2

Superman #49 8.0 VF $1
Superman: Man of Steel #0 9.2 NM- $2
Superman: Man of Steel #25 9.4 NM $2

Web of Spider-Man #14 9.0 VF/NM $2
Web of Spider-Man #16 9.2 NM- $2
Web of Spider-Man #20 9.2 NM- $2
Web of Spider-Man #27 9.2 NM- $2
Web of Spider-Man #34 9.2 NM- $2
Web of Spider-Man #40 9.2 NM- $2
Web of Spider-Man #91 9.6 NM+ $2
X-Force #6 8.5 VF+ $2
X-Force #24 8.5 VF+ $2

On 1/6/2020 at 4:24 PM, Real Frantic One said:

Adventure Comics #431
Spectre begins
3.0 GD/VG
$2

at 75% off

On 1/6/2020 at 4:10 PM, Real Frantic One said:

Weird War Tales #23
9.0 VF/NM
$10

On 1/5/2020 at 6:01 PM, Real Frantic One said:

Spectacular Spider-Man #42
Crossover with FF #218
8.0 VF
$1

at 75% off

2 minutes ago, Matthew Jorden said:

Yes, personally I am unhappy with the way they have handled this and won't be doing business with them again. Losing the collectible is one thing, the lack of communication is another.

 

To anyone considering sending items to CGC, I would say make sure and insure your item to the maximum you feel comfortable with. I under insured my item, and now I'm left feeling frustrated and upset instead of fairly compensated. Had I insured at true FMV or above, I would probably not be so disappointed right now.

This is the first thing I thought about when I read this post. One of the books that I sent in is one of my Father's old comics. I insured it for what I believe it's monetarily worth, which isn't much because of the condition of the book ($200), but someone could offer me an exorbitant amount of money for it and I'd refuse because of the sentimental value that it holds. If that books gets lost, like yours has, the $200 back in my pocket won't even come close. For something like that I should have over-insured.

2 hours ago, Dr. A said:

My very first submission to CGC was 15 books via CCS in 2017. A year after that, I started sending books without CCS and that was the best decision I ever made. It just takes too long and there were other reasons I will not state here.

I have been sending 15 book submissions for several years now and never experienced any major issues, so I started sending 25 book submissions recently. I am in my 5th submission for the current year. But since my last submission is still in received status for modern services (22 day turnaround) for a month, it is now come to bear--unless they forgot to update it when they move them to scheduling. My books has always went directly to scheduled for grading, I mean instantly, So this is 100% different right now. I took that as the norm since it occurred every time. I do not even remember ever seeing a received status. I was always able to click on the Submission number and view my list of books. CGC has yet to confirm the books they received--just sent me an email that show they received the 25 books.

I was starting to overlap my submissions (multiple submissions), but it seems there is no incentive if they merely remain in received status because that informs me there is a problem. Long duration like that makes the mind wander and cause undue anxiety. I also know by sharing this here, it will not move the needle. Other than my future submissions will be parked for awhile. Looks like 2020 will be a very slow year.

Yeah, I feel ya. The whole CCS-length thing has soured me a bit. I think I'll end up practicing doing some cleaning and pressing on my own if I ever submit in the future. For me, on my first submission (only 5 books) and having it take this long makes me just not want to deal with the company. I think I'll end up continuing to spend my money on already graded books instead of paying to have mine graded until they figure this whole thing out a bit.

Store credit lol.

After reading this I'm having fears of my own. I haven't been waiting nearly as long as you did, but today the statuses of my books (which had been marked as received for over a month) are no longer showing up. This is my first time using CGC, so maybe it just means that they're going through CCS now? Not sure.

Time to let the anxiety flow

1 hour ago, revat said:

I think in general the biggest factors are turnover and profit margin (assuming the purchase price was the same)

 

If those were EXACTLY the same, space would be a consideration, and how good the book(s) look on my wall (which would depend on what else I have that is 'wall' material) to my likely clientele.

Other factors might be whether the comic(s) are trending in specific directions, or if there are tie-ins to media (new or current tv shows/movies). 

 

But honestly the question is too subjective for any answer to be useful IMO

I appreciate the input. I'm just a collector, so it was something I had always wondered. I know of shops that deal with mostly only older books, and shops that deal with mostly only newer books. To me, it would be more difficult to succeed as a business doing either of the two.

I feel like profit margin would make the choice obvious. Likewise if either the expensive or the cheaper books were "hot" while the other/s weren't.

I guess I'm just asking more about people's personal tastes and choices at that point, which to me is useful

On 11/8/2019 at 9:04 PM, jbpez said:

Forever People 1

CGC 9.4

My price...$425

 

"Crazy Eddie price"...$350!!

Take per PM

I’ve been wondering this for a while. Would you as a comic shop owner rather have a higher priced book in your shop to sell or several lower priced books? The lower priced books surely are easier to move on their own I’d think.

As an example, would you rather have a graded 9.0 copy of ASM 129 ($1800 value) or 6 copies of various $300 books? Or even 9 copies of $200 books?

Thanks in advance

I'm not sure if this seller should be on a block list, but I figure it wouldn't hurt to put their name out there and let others decide their fate.

I bought a book on eBay from nobottombiz on 10/14. Didn't see anything from them about shipping through the estimated delivery time (11/8) so I opened a request on 11/9. Within an hour of opening that request I got notified that my package was finally being shipped and was given a tracking number even though I asked for a refund instead. Seller has yet to respond to the open request. I checked their feedback and this has happened a few times it seems.