Kripsys99

@Briva3 might be interested.

As suspected, us DC collectors are in the clear! (Except whoever bought that 2004 Superman issue).

Whether or not it would actually hold water, I think the argument for a class action would go something like this: CGC, through recklessness and/or carelessness in its reholdering process, encapsulated fraudulent books (ie: lower grade books than were specified on the labels) - facilitating the sale of those books to the unsuspecting general public, and causing a loss of consumer faith in the CGC brand. That avoidable loss of faith in the CGC brand - possible only due to CGC's recklessness and/or carelessness - has devalued all CGC encapsulated books, and undercut the very service which CGC customers paid CGC for to begin with (ie: independent verification and grading of CGC encapsulated books). Therefore, everyone who has ever paid for CGC's services should be eligible for recompense.

@ADAMANTIUM Slow down partner! Save it all up and put it in one post!

https://youtu.be/bMdeg-WKt1U?si=9VvBZSE-L7k3BGa3

Appreciate that CGC finally made a statement, but everything said in the statement could have been said a week ago (in fact, I drafted an eerily similar statement a week ago, below) - it's boilerplate public relations 101: Also, the bottom line remains that we - and all the world - now know how truly easy CGC slabs are to open and reseal seamlessly. CGC needs to come up with some kind of solution (God knows what) for the millions of easily hackable slabs already in circulation. This guy won't be the last.

Well if this is good PR, I'd hate to see bad PR! Imagine the vitriol you'd see on these boards with bad PR!

While I think it's at least possible CGC is burying its head in the sand hoping this will all blow over, I think it's more likely that they're just as incompetent on the PR front as they now appear to be on the reholdering front. And when a business shows themselves to be incompetent in one department, it doesn't inspire a lot of confidence in their other departments...

CGC has had plenty of time to issue literally ANY statement in regards to this issue. Even just an acknowledgement. Their failure to do so has left the community trying to problem solve this issue themselves. The video at least gives collectors something to keep an eye out for when scrutinizing slabs. CGC had an opportunity to head videos like this off at the pass, but abdicated their responsibility, leaving others to fill the informational void.

Speaking for myself, this latest CGC scandal hits different than previous ones (acetate gate, etc), and has really shaken my confidence in CGC as a brand (and I say that as someone who is enough of a fan of their products that I post on the company's own message boards). If - as recent videos suggest - slabs can be opened, books switched out, then closed again seamlessly (to the point that even CGC cannot readily pick up on it), that's a game changer. It undercuts CGC'S entire business model, which to me at least is providing some guarantee to comic book buyers (primarily online) that they are in fact getting the book they paid for. In the last few days, I came close to pulling the trigger on buying a number of books for my collection, but decided not to. The deciding factor in holding off? All CGC graded books are now suspect in my eyes, at least until I hear from CGC, and see how this latest scandal shakes out. Frankly, I have more faith in Voldys at this point. I've never noticed a huge difference in the service provided by CGC vs Voldys, other than the difference in value the market imputes to the same books encapsulated by each company. And that difference in value makes me think that Voldys are less ripe fruit for fraudsters at present. I hope CGC responds to this, and that they come up with a system to address the community's understandable concerns about the current integrity of their products. Until then, I'll be exercising extreme caution in purchasing CGC graded books, if I purchase them at all.

Send the website in for a reholdering - it will come back better than ever!

I expect CGC management to instruct @CGC Mike to release the following statement sometime within the next 6 weeks: Speaking of which, @CGC Mike, are you okay? Blink twice for yes, once for no.

Yet another benefit of collecting DC - they're not worth the effort of scammers to forge grades!

December 22, 2023 FOR IMMEDIATE RELEASE CGC is aware of a situation involving a limited number of online auctions featuring suspicious slabbed comic books purportedly encapsulated and graded by CGC, and of the alleged links between these books and CGC's graded comic reholdering service. Please rest assured that CGC takes its position as the world’s leading third-party grading service for comic books seriously, and that we are in the process of gathering additional information regarding this unfortunate situation. In the meantime, additional measures, over and above our usual industry leading safeguards, have been put in place to ensure the integrity of our grading and encapsulation processes. Note: This statement was drafted by Kripsys99 for consideration of use by CGC management, and in no way reflects the current position of CGC or its subsidiaries. Another CGC scandal, another week without CGC weighing in! I'm sure we've seen this before : Once again CGC, feel free to call me for advice on how to handle a crisis. You appear to need the help!

All books now sold! I have a few additional offerings on my eBay page for those interested: https://www.ebay.ca/usr/kripsys99 Thanks!

BUMP!!!

PRICES REDUCED!!!

Batman #181 – CGC 7.5 (OW/W) – CGC 7.5 (OW/W) – SOLD – First Appearance of Poison Ivy Back Cover:

Action Comics #242 – CGC 5.5 (CR/OW) – SOLD – First Appearance of Brainiac Back Cover:

Eyeing a BIG (for me) book, and so I need to part with some of my Silver Age books. I've sold a few on the board and via the dreaded feeBay, but have two left to reach my funding goal! All prices are in USD. Offers via DM are welcome, but first wins any item. Payment via PayPal Goods and Services (for our mutual protection) required within two (2) days of purchase. Your PayPal address must be confirmed, and I'll only ship to your confirmed address. No probies or HOS. No returns on slabbed comics. You pay what I pay for shipping (or less). Items ship from Ottawa, Canada. I will ship insured to Canada/USA. Default shipping will be via Canada Post or UPS, but other means can be accommodated. Check out my eBay profile for reviews of my selling history, and for other books I have for sale: https://www.ebay.ca/usr/kripsys99

Alright, I know I said I was out...but: To recap: I have to ask, @Microchip: I don't agree with @sfcityduck. But I sure as hell am not buying whatever @Microchip is selling. God it's hard to have a nuanced conversation these days.

Popping in one last time to point out @sfcityduck that you said you were done with this thread like 5 pages and 22 posts ago. For your own sanity, and the sanity of all those here, I encourage you to hew to your past convictions, and abandon the thread. I'm out!

Rather than engage in dialectic, you proselytized in bad faith, failing to cede any of the reasonable counterpoints to your assertions, and flinging ad hominem attacks at individuals whose view points differed from your own. Then, when it became evident that a plurality of posters in this thread didn't agree with you, rather than show any sign of good faith engagement and self-reflection on areas of disagreement, you doubled down on your complete and utter intransigence, then took your ball and went home. All 'round good look. All of that said, I'm done too! After all: "The only fool bigger than the person who knows it all is the person who argues with him." — Stanislaw Jerzy Lec