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"CGC employees are not allowed to..."

Started by PedigreeMan,

804 posts in this topic

PedigreeMan

PedigreeMan

Posted
Posted

From the CGC website:

 

"CGC employees are not allowed to engage in the commercial buying or selling of comics. In this way, CGC can remain completely impartial, having no vested interest other than a commitment to serving clients through accurate and consistent grading."

 

I'm curious as to what everyone's opinion is on what constitutes "commercial" selling. Is it any selling whatsoever? If not, then what would you allow? What would you disallow?

 

Does "commercial" selling mean having a storefront or a website offering stuff for sale? How about selling on eBay? Or other auction houses?

 

Does "commercial" selling depend on the amount of books sold per week? Per month? Per year? Or the dollar amount of each sale? If so, what would you consider an upper limit? Or maybe it's based off of the amount of profit someone makes on a sale. In which case, what's appropriate? 0%? 10%? 50%?

 

Or maybe a sale is no longer commercial if it's made to a fellow "collector." Or you're just "trying to help a brother out." But in this day and age where it seems like everyone is the hyphenate "collector-seller," how can you truly verify that a book is going "into the vault" rather than the flipping pile?

 

I'm genuinely curious as to the masses' opinion on their reading of the above statement and how they view it as applied to the CGC staff.

 

Alan

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Goonchild-migration

Goonchild-migration

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Posted
From the CGC website:

 

"CGC employees are not allowed to engage in the commercial buying or selling of comics. In this way, CGC can remain completely impartial, having no vested interest other than a commitment to serving clients through accurate and consistent grading."

 

I'm curious as to what everyone's opinion is on what constitutes "commercial" selling. Is it any selling whatsoever? If not, then what would you allow? What would you disallow?

 

Does "commercial" selling mean having a storefront or a website offering stuff for sale? How about selling on eBay? Or other auction houses?

 

Does "commercial" selling depend on the amount of books sold per week? Per month? Per year? Or the dollar amount of each sale? If so, what would you consider an upper limit? Or maybe it's based off of the amount of profit someone makes on a sale. In which case, what's appropriate? 0%? 10%? 50%?

 

Or maybe a sale is no longer commercial if it's made to a fellow "collector." Or you're just "trying to help a brother out." But in this day and age where it seems like everyone is the hyphenate "collector-seller," how can you truly verify that a book is going "into the vault" rather than the flipping pile?

 

I'm genuinely curious as to the masses' opinion on their reading of the above statement and how they view it as applied to the CGC staff.

 

Alan

 

Good Question.

Obviously put there because it would be a conflict of Interests.

I think that certainly selling of CGC graded books should certainly not be allowed in any form amongst staff, then no-one can cast aspertions in any direction.

I can't see a problem with selling raw stuff tho' (shrug)

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silverage12c

silverage12c

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Interesting, and I hadn't considered that --- helps to explain why Steve (and others?) have a strong interest in original art. No conflict there.

 

I have an insurance client that employees about 300 people in NJ, NV, CO. They test and calibrate gaming machines (like slots and video poker). Due to this, they are prohibited from playing them (obvious) and also have significant restirctions whenever entering any casino.

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Red Hook

Red Hook

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From the CGC website:

 

"CGC employees are not allowed to engage in the commercial buying or selling of comics. In this way, CGC can remain completely impartial, having no vested interest other than a commitment to serving clients through accurate and consistent grading."

 

 

Intentionally vague? Dunno. But in need of clarification.

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chromium

chromium

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Well I do know that Steve had to sell his comic collection when CGC launched...and the only comics he is now allowed are store-bought moderns. Don't know if this is a self imposed ban though (shrug)

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joe_collector

joe_collector

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Well I do know that Steve had to sell his comic collection when CGC launched...and the only comics he is ow allowed are store-bought moderns. Don't know if this is a self imposed ban though (shrug)

 

Yeah, I find it hard to believe that no one at CGC has bought or sold a vintage comic since starting work there. meh

 

Basically, that excerpt from the CGC website is just so much fluff, and if called on it, CGC would just point to the "commercial" part and say they're just hobbyists. lol

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chromium

chromium

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Well I do know that Steve had to sell his comic collection when CGC launched...and the only comics he is ow allowed are store-bought moderns. Don't know if this is a self imposed ban though (shrug)

 

Yeah, I find it hard to believe that no one at CGC has bought or sold a vintage comic since starting work there. meh

 

Basically, that excerpt from the CGC website is just so much fluff, and if called on it, CGC would just point to the "commercial" part and say they're just hobbyists. lol

 

I'm pretty sure Borrock lives by this rule...he mentions it from time to time when he talks about how glad he is he still has his sweet sweet OA :cloud9:

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joe_collector

joe_collector

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Well I do know that Steve had to sell his comic collection when CGC launched...and the only comics he is ow allowed are store-bought moderns. Don't know if this is a self imposed ban though (shrug)

 

Yeah, I find it hard to believe that no one at CGC has bought or sold a vintage comic since starting work there. meh

 

Basically, that excerpt from the CGC website is just so much fluff, and if called on it, CGC would just point to the "commercial" part and say they're just hobbyists. lol

 

I'm pretty sure Borrock lives by this rule...

 

Sure, but we're talking about EVERYONE ELSE!! :makepoint:

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Ivanko

Ivanko

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Well I do know that Steve had to sell his comic collection when CGC launched...and the only comics he is ow allowed are store-bought moderns. Don't know if this is a self imposed ban though (shrug)

 

Yeah, I find it hard to believe that no one at CGC has bought or sold a vintage comic since starting work there. meh

 

Basically, that excerpt from the CGC website is just so much fluff, and if called on it, CGC would just point to the "commercial" part and say they're just hobbyists. lol

 

I read this a while back and assumed it had been covered here, but apparently not.

 

Yes, I'm sure the "commercial" term used is up for interpretation.

 

Of course they are fans of comics, and I can't imagine being as big of fans as they are they wouldn't buy anything.

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PovertyRow

PovertyRow

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"CGC employees are not allowed to engage in the commercial buying or selling of comics.

 

I get the selling part. But what the heck is "commercial buying"? I could understand the statement better if it said "commercial buying andselling" but the use of "or" means they have separated commercial buying and commercial selling into two distinct acts. All they need to say is "commercial selling". Hope someone can clarify that?

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