"CGC employees are not allowed to..."

[binarysunrise]

"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?

 

Doesn't commerce cover both buying and selling?

 

Actually, it may just mean "with intent to profit"

[esquirecomics]

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

 

Some excellent questions Alan, and worthy of clarification from CGC. Image is everything, as CGC/Borock has stated many times. Even the perception of impropriety can become a serious problem, e.g., PCS, and should be addressed openly and up-front.

 

Selling CGC books on any regular basis (beyond occasionally) would seem to create a conflict. Selling raw books is probably fine. Buying CGC books for their own consumption is probably fine as well. And certainly buying raw books is perfectly acceptable

 

I'm also curious about whether CGC employees are permitted to submit books to CGC for grading. Frankly, I view this as a serious conflict of interest and creating an appearance of impropriety. It's simply not the same as if a McDonald's employee eats a Big Mac for lunch everyday. The latter is actually good pr, the former opens all sorts of cans of worms.

[binarysunrise]

I'm also curious about whether CGC employees are permitted to submit books to CGC for grading. Frankly, I view this as a serious conflict of interest and creating an appearance of impropriety. It's simply not the same as if a McDonald's employee eats a Big Mac for lunch everyday. The latter is actually good pr, the former opens all sorts of cans of worms.

 

Good point. Even if they had some double-blind system set up, or made sure you didn't grade your own books, it still would seem odd.

[PovertyRow]

"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?

 

Doesn't commerce cover both buying and selling?

 

Actually, it may just mean "with intent to profit"

 

Actually in rethinking this, I suppose one could buy with the intent to then trade for something like a movie poster or original art etc. which could then be sold without violating the sell terms.

[MutantKeys]

 

I'm also curious about whether CGC employees are permitted to submit books to CGC for grading.

Nope

[PedigreeMan]

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

 

 

"I just bought a copy from Timely. Thanks to everyone for the offers. You all rule. "

 

[esquirecomics]

 

I'm also curious about whether CGC employees are permitted to submit books to CGC for grading.

Nope

 

Is that published anywhere?

[joe_collector]

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

 

 

"I just bought a copy from Timely. Thanks to everyone for the offers. You all rule. "

 

I know, and he regularly posts that he buys and sells.

[MutantKeys]

 

I'm also curious about whether CGC employees are permitted to submit books to CGC for grading.

Nope

 

Is that published anywhere?

It came from Borocks mouth.... and I find it hard to believe that you didnt know this

[Aces]

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?

 

Commercial selling = Buying with the intent for resale profit.

 

If CGC graders buy some moderns for reading and they turn out to be hot (like mouse guard or something) and they sell them for a profit down the line on eBay or somewhere that's OK.

 

 

[esquirecomics]

 

I'm also curious about whether CGC employees are permitted to submit books to CGC for grading.

Nope

 

Is that published anywhere?

It came from Borocks mouth.... and I find it hard to believe that you didnt know this

 

I can never win. If I assert I know something, I get attacked for having an ego and being a know-it-all, but if I post something apparently I should know, then I'm at fault again!!

 

 

Some things I actually admit I don't know, or at least I can't remember that I did know! I have reached my 40s!

 

Anyway, one would think this would be an established written policy given the existing policy Alan identified.

[Ze-man]

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 take that to mean setting up shop, selling books under an ID, moving books in a commercial fashion outside CGC.

 

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?

I think anytime you set up shop as a dealer/seller on Ebay or elsewhere you are essentially selling commercially. But selling a book here or there randomly does not imply "commercial" selling to me, but rather one collector selling books to another.

 

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

See above

 

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%?

Less then a lot, more then a few? Again, see above, money has no bearing on being commercial you can be commercial and lose money hand over fist

 

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?

What does the buyers intent have to do with the person who sold it to them? Perhaps I misunderstood the question.

 

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

 

As long as a CGC employee does not sell (or trade) slabbed books I have no problem with them buying or selling books, or other collectibles. It has no bearing on the market, nor their impartiality imho.

 

Perhaps they should alter their disclaimer to better reflect the buying/selling/trading of slabbed books versus raw.

 

Ze-

[MutantKeys]

 

I'm also curious about whether CGC employees are permitted to submit books to CGC for grading.

Nope

 

Is that published anywhere?

It came from Borocks mouth.... and I find it hard to believe that you didnt know this

 

I can never win. If I assert I know something, I get attacked for having an ego and being a know-it-all, but if I post something apparently I should know, then I'm at fault again!!

 

 

WTH are you talking about

[MutantKeys]

 

As long as a CGC employee does not sell (or trade) slabbed books I have no problem with them buying or selling books, or other collectibles. It has no bearing on the market, nor their impartiality imho.

 

Perhaps they should alter their disclaimer to better reflect the buying/selling/trading of slabbed books versus raw.

 

Ze-

Well said Kenny (thumbs u

[Goonchild-migration]

 

I'm also curious about whether CGC employees are permitted to submit books to CGC for grading.

Nope

 

Is that published anywhere?

It came from Borocks mouth.... and I find it hard to believe that you didnt know this

 

I can never win. If I assert I know something, I get attacked for having an ego and being a know-it-all, but if I post something apparently I should know, then I'm at fault again!!

 

 

Some things I actually admit I don't know, or at least I can't remember that I did know! I have reached my 40s!

 

Anyway, one would think this would be an established written policy given the existing policy Alan identified.

 

With respect ..perhaps you should read the thread from the beginning before you post, as your first post on this is practically a repeat of mine said at the beginning of the thread. (thumbs u

[THE_BEYONDER]

 

As long as a CGC employee does not sell (or trade) slabbed books I have no problem with them buying or selling books, or other collectibles. It has no bearing on the market, nor their impartiality imho.

 

Perhaps they should alter their disclaimer to better reflect the buying/selling/trading of slabbed books versus raw.

 

Ze-

Well said Kenny (thumbs u

 

I don't know......

 

 

I'm not sure I would be OK with a CGC employee using their grading position at CGC to bolster sales of raw books.

[MutantKeys]

 

As long as a CGC employee does not sell (or trade) slabbed books I have no problem with them buying or selling books, or other collectibles. It has no bearing on the market, nor their impartiality imho.

 

Perhaps they should alter their disclaimer to better reflect the buying/selling/trading of slabbed books versus raw.

 

Ze-

Well said Kenny (thumbs u

 

I don't know......

 

 

I'm not sure I would be OK with a CGC employee using their grading position at CGC to bolster sales of raw books.

How so?

 

[esquirecomics]

 

I'm also curious about whether CGC employees are permitted to submit books to CGC for grading.

Nope

 

Is that published anywhere?

It came from Borocks mouth.... and I find it hard to believe that you didnt know this

 

I can never win. If I assert I know something, I get attacked for having an ego and being a know-it-all, but if I post something apparently I should know, then I'm at fault again!!

 

 

WTH are you talking about

 

Never mind, wasn't that important!

[esquirecomics]

 

I'm also curious about whether CGC employees are permitted to submit books to CGC for grading.

Nope

 

Is that published anywhere?

It came from Borocks mouth.... and I find it hard to believe that you didnt know this

 

I can never win. If I assert I know something, I get attacked for having an ego and being a know-it-all, but if I post something apparently I should know, then I'm at fault again!!

 

 

Some things I actually admit I don't know, or at least I can't remember that I did know! I have reached my 40s!

 

Anyway, one would think this would be an established written policy given the existing policy Alan identified.

 

With respect ..perhaps you should read the thread from the beginning before you post, as your first post on this is practically a repeat of mine said at the beginning of the thread. (thumbs u

 

With all due respect back, I really don't know what you are talking about. I read your post. I did not realize you had a monopoly on those particular views. My apologies if you did.

 

In any event, my comments went beyond yours.

[THE_BEYONDER]

 

As long as a CGC employee does not sell (or trade) slabbed books I have no problem with them buying or selling books, or other collectibles. It has no bearing on the market, nor their impartiality imho.

 

Perhaps they should alter their disclaimer to better reflect the buying/selling/trading of slabbed books versus raw.

 

Ze-

Well said Kenny (thumbs u

 

I don't know......

 

 

I'm not sure I would be OK with a CGC employee using their grading position at CGC to bolster sales of raw books.

How so?

 

"This book is a guaranteed CGC 9.4. I should know.....I'll be grading it!"