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CGC hits 2 million!

Started by comicdonna,

62 posts in this topic

shadroch

shadroch

Posted
Posted
By the numbers:

 

2,000,000 Books - 11 Years

That is an average of 181,818 books a year.

If graded across those eleven years, that would be 727 books a day using a basis of 250 business days in a year.

 

Since it was mentioned that they graded 1,000,000 books over the course of 2 years.

That is an average of 500,000 books a year.

2,000 books a day.

 

No wonder there are delays in the turnaround times.

 

Now the question in those numbers comes to quality of grading. How effective can an individual grade be if they are grading 25 books a day? 50? 100?

 

On a side note... care to guess the revenue generated?

 

Gotta be minimum $60 million and probably closer to $75 million with imaging, fast track, graders notes, etc hm

 

True, even as it was pointed out that they have probably not graded 2,000,000 books individually this was the 2,000,000 time they graded a book. In my estimation I used the $35 tier as a basis and I got $70,000,000... I would say that the $75 million is more accurate and could even be slightly higher than that.

 

Keep in mind that this does not even include annual membership fees.

 

That's just over 5.8 million dollars a year. (worship)

 

 

Now deduct employee salaries, travel expenses for sending teams of employees to a dozen or so conventions a year, payroll taxes, insurance, cost of the slabs, advertising, employee benefits, rent or mortgage,utilities,security and another dozen or so regular expenses such as maintaining this forum.

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Comicopolis

Comicopolis

Posted
Posted
By the numbers:

 

2,000,000 Books - 11 Years

That is an average of 181,818 books a year.

If graded across those eleven years, that would be 727 books a day using a basis of 250 business days in a year.

 

Since it was mentioned that they graded 1,000,000 books over the course of 2 years.

That is an average of 500,000 books a year.

2,000 books a day.

 

No wonder there are delays in the turnaround times.

 

Now the question in those numbers comes to quality of grading. How effective can an individual grade be if they are grading 25 books a day? 50? 100?

 

On a side note... care to guess the revenue generated?

 

Gotta be minimum $60 million and probably closer to $75 million with imaging, fast track, graders notes, etc hm

 

True, even as it was pointed out that they have probably not graded 2,000,000 books individually this was the 2,000,000 time they graded a book. In my estimation I used the $35 tier as a basis and I got $70,000,000... I would say that the $75 million is more accurate and could even be slightly higher than that.

 

Keep in mind that this does not even include annual membership fees.

 

That's just over 5.8 million dollars a year. (worship)

 

 

Now deduct employee salaries, travel expenses for sending teams of employees to a dozen or so conventions a year, payroll taxes, insurance, cost of the slabs, advertising, employee benefits, rent or mortgage,utilities,security and another dozen or so regular expenses such as maintaining this forum.

 

So - they are actually losing money hm

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Buzzetta

Buzzetta

Posted
Posted
The CGC census only has 1,827,708 books on it.

http://cgcdata.com/cgc/stats.asp (slow loading, calculates the full census numbers each time it loads)

 

If we presume that resubmissions which are noted as resubmissions are removed from the census,

that would be 172,292 books resubmitted, identified as resubs, and removed from the census

(about 8.6%).

 

Who knows how many resubs aren't mentioned as resubs?

They stay on the census as phantom slabs.

 

The number of "actual slabs in existence" is probably significantly lower than 2million.

Perhaps 1.6million.

 

Perhaps the 1:3 rule of thumb would be in effect here. Supposedly if you do something once you have done it an average of three times and were simply caught that one time. Other uses of 1:3 have been used in business to speculate that three people will complain for everyone one person that promotes positive word of mouth if given a negative or positive experience.

 

So if I am to assume that 172,292 books have been accounted for as resubmissions. Can I assume that there are 516,876 have not ? Or that part of those 516,876 have been cracked and refiled in collections?

 

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Bosco685

Bosco685

Posted
Posted
I wonder if they are counting re-holdering books in their numbers

 

Or resubmissions of the same book for a grade bump. Didn't CGC use to pay people to send in their own label so they could keep the census accurate?

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Ares

Ares

Posted
Posted
I wonder if they are counting re-holdering books in their numbers

 

Or resubmissions of the same book for a grade bump. Didn't CGC use to pay people to send in their own label so they could keep the census accurate?

I have three Labels of ASM books here I wont mail in as it will cost me money. They need to let us scan them and email them in

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Gotham Kid

Gotham Kid

Posted
Posted
man how much does everyone think that book will go for?

 

dear lord, people will pay a premium for that? why?

 

Do you really think one of us OCD nutjobs wont pay extra for that?!?

 

There was a guy on ebay selling the 1,000,000th book graded by CGC several weeks ago. He got no hits the first time around ( 7-day auction ) and re-listed. Not sure if he got lucky second time around. Can't recall book title :sorry:

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Ares

Ares

Posted
Posted
man how much does everyone think that book will go for?

 

dear lord, people will pay a premium for that? why?

 

Do you really think one of us OCD nutjobs wont pay extra for that?!?

 

There was a guy on ebay selling the 1,000,000th book graded by CGC several weeks ago. He got no hits the first time around ( 7-day auction ) and re-listed. Not sure if he got lucky second time around. Can't recall book title :sorry:

Planet of the apes

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Gotham Kid

Gotham Kid

Posted
Posted
man how much does everyone think that book will go for?

 

dear lord, people will pay a premium for that? why?

 

Do you really think one of us OCD nutjobs wont pay extra for that?!?

 

There was a guy on ebay selling the 1,000,000th book graded by CGC several weeks ago. He got no hits the first time around ( 7-day auction ) and re-listed. Not sure if he got lucky second time around. Can't recall book title :sorry:

Planet of the apes

 

(thumbs u

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sufunk

sufunk

Posted
Posted
man how much does everyone think that book will go for?

 

dear lord, people will pay a premium for that? why?

 

Do you really think one of us OCD nutjobs wont pay extra for that?!?

 

There was a guy on ebay selling the 1,000,000th book graded by CGC several weeks ago. He got no hits the first time around ( 7-day auction ) and re-listed. Not sure if he got lucky second time around. Can't recall book title :sorry:

Planet of the apes

 

Was it noted on the label like this one?

 

Also, Planet of the apes might be the one title crappy enough not to get a premium. ToT has Kirkland on it and from what i've seen, as long as the word Kirkland is on a cover, people will hand over their bank account #'s no questions asked (shrug)

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JazzMan

JazzMan

Posted
Posted
Does that actually say "2 millionth book graded by CGC" on the label???

 

Someone hit the jackpot there hm

It does.

 

Yup

 

 

Certification #: 0194317002

Title: Thief of Thieves

Issue: 1

Issue Date: 2/12

Issue Year: 2012

Publisher: Image Comics

Grade: 9.8

Page Quality: WHITE

Label Text: 2 000 000TH COMIC BOOK CERTIFIED BY CGC

Grade Date: 08/31/2012

Category: Modern

Art Comments: Robert Kirkman & Nick Spencer story

Shawn Martinbrough cover & art

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