Certified Collectibles Group (CCG) Acquires Classics Incorporated 3 3

[ComicConnoisseur]

This is the penultimate pressing thread.

 

Another floating doo doo in the CGC board's pool. ::

 

Have a few scotches, and laugh a little. They're just comics.

 

For the most part comics that had a little value of less than a dollar until someone put a 9.8 or sig on them. Think about it,as most bronze, copper and modern comic book books valued at nm in Overstreet go for a few dollars at best in nm, but when you put that 9.6 or 9.8 label on them, then the value goes up significantly or if the 9.8 doesn`t work, then add a sig as well for the book to have some value.

It`s all about artificial value created for the majority of these comics because if you took off that 9.8 or it didn`t get that sig with someone witnessing it, then the nm comic reverts back to being worth to less than a dollar.

Myself from now on I am sticking to just golden age and silver age comics to be certified,as the rest of the market just doesn`t seem like a good bet, unless they are super uber keys.

Who cares if I get the latest issue of the Image hot comic book in 9.8 and sig if everybody else has one as well? Where is the future value in that? It reminds me of the Franklin Mint and the manufacturing of collectibles.

 

You post like a guy who has no interest in modern comic books and yet you post in the modern forums regarding your speculation "picks" and must buys. Which side of the fence do you sit on? It's fine to act high and mighty but you do realize that we can search your previous posts right? Like this one today...

 

My pick

Get them now because later you will be paying double cover for them.

 

That wasn`t a comic book that I would get slabbed. I will only get gold and silver age comic books certified,as it would be ridiculous of me to get a modern comic book like Borderlands or it`s similar kind pressed into a 9.8 or sig.

Thanks for pointing this out. (thumbs u

 

Fair enough. I can see where you're coming from (thumbs u

No problem.

To me fair is the buying and selling of raw Walking Dead`s on Ebay, what won`t be fair is all these newbies who are spending hundreds on the latest modern all proped up in a fancy 9.8 slab,and then get disappointed when they will get offered less than a $20 spot for them in a few years.

Edited November 17, 2012 by ComicConnoisseur

[Speedy-D]

I was hoping this thread would be more fun...

[ComicConnoisseur]

I was hoping this thread would be more fun...

If thread was made in 2006 or 2007 it would be more fun,but alas we are in what the present state of what the comic book market has become.

This thread though will become more fun when read five years from now.

[comicwiz]

Not sure what is going to happen to Classic's joint business with Worldwide. I'm guessing that this is now terminated?

 

Must be. That would be the sensible/ethical thing to do.

 

Oh, wait a min...

 

Nick, you should contact Stephen Ward over at UKG. I've warmed him up to the idea of having a go at it, and this announcement may well be the spark to reignite their interests to get into comic grading.

 

 

Very good and principled person. The two of you should get along famously. He told me that they had a real go at the idea awhile back, but didn't have anyone that knew the UK comic market as well as they do toys. I immediately told him about you and Comicana Direct, and this was around the time of the graders notes fiasco. Should you contact him, mention my name and our conversation. I think hearing from someone like you whose really dialed-in to the UK market may get him to look more closely at a plan. If you two do talk, let me know what happens. (thumbs u

 

Here's an interview he did earlier this year for the Collectors Club of GB:

 

[Boozad]

Not sure what is going to happen to Classic's joint business with Worldwide. I'm guessing that this is now terminated?

 

Must be. That would be the sensible/ethical thing to do.

 

Oh, wait a min...

 

Nick, you should contact Stephen Ward over at UKG. I've warmed him up to the idea of having a go at it, and this announcement may well be the spark to reignite their interests to get into comic grading.

 

 

Very good and principled person. The two of you should get along famously. He told me that they had a real go at the idea awhile back, but didn't have anyone that knew the UK comic market as well as they do toys. I immediately told him about you and Comicana Direct, and this was around the time of the graders notes fiasco. Should you contact him, mention my name and our conversation. I think hearing from someone like you whose really dialed-in to the UK market may get him to look more closely at a plan. If you two do talk, let me know what happens. (thumbs u

 

Here's an interview he did earlier this year for the Collectors Club of GB:

 

 

This is something that's of massive interest to myself, and no doubt to countless other UK collectors.

[mysterio]

This is the penultimate pressing thread.

 

Another floating doo doo in the CGC board's pool. ::

 

Have a few scotches, and laugh a little. They're just comics.

 

For the most part comics that had a little value of less than a dollar until someone put a 9.8 or sig on them. Think about it,as most bronze, copper and modern comic book books valued at nm in Overstreet go for a few dollars at best in nm, but when you put that 9.6 or 9.8 label on them, then the value goes up significantly or if the 9.8 doesn`t work, then add a sig as well for the book to have some value.

It`s all about artificial value created for the majority of these comics because if you took off that 9.8 or it didn`t get that sig with someone witnessing it, then the nm comic reverts back to being worth to less than a dollar.

Myself from now on I am sticking to just golden age and silver age comics to be certified,as the rest of the market just doesn`t seem like a good bet, unless they are super uber keys.

Who cares if I get the latest issue of the Image hot comic book in 9.8 and sig if everybody else has one as well? Where is the future value in that? It reminds me of the Franklin Mint and the manufacturing of collectibles.

 

You post like a guy who has no interest in modern comic books and yet you post in the modern forums regarding your speculation "picks" and must buys. Which side of the fence do you sit on? It's fine to act high and mighty but you do realize that we can search your previous posts right? Like this one today...

 

My pick

Get them now because later you will be paying double cover for them.

 

That wasn`t a comic book that I would get slabbed. I will only get gold and silver age comic books certified,as it would be ridiculous of me to get a modern comic book like Borderlands or it`s similar kind pressed into a 9.8 or sig.

Thanks for pointing this out. (thumbs u

 

Fair enough. I can see where you're coming from (thumbs u

No problem.

To me fair is the buying and selling of raw Walking Dead`s on Ebay, what won`t be fair is all these newbies who are spending hundreds on the latest modern all proped up in a fancy 9.8 slab,and then get disappointed when they will get offered less than a $20 spot for them in a few years.

 

Everybody who collects for any length of time has been there. Not everything holds value, whether slabbed or not ( let's see where non- key WDs are in 5 years, for an example). But to suggest that moderns shouldn't be slabbed smacks of "what I collect rules and what you collect sucks".

[xsmr2-migration]

My question is: How the hell will this improve turnaround times? and why aren't CGC addressing this FIRST instead of buying out a company to make more money?

 

 

You, and a lot of other people here seem to think this announcement is "CGC has acquired Matt's company."

 

But that is not the case. CGC has not bought anything.

 

 

It is CCG, the umbrella company, that has acquired Matt's company.

 

 

This will likely have very little effect on CGC.

[chunkybutt]

As long as Matt isn't selling books, I could care less that CGC owns a pressing/resto company.

 

Until I see evidence that grades are impacted, like missed restoration or grades that are way off (more than what they've been in the past..), I'll reserve judgment on there being a conflict of interest.

 

I can't make the leap that internal pressing services = gift grades.

 

If that were the case, the argument could be made that any paid service above normal grading stood a good chance of gift grading. Pay for express grading...get a better grade. Have more books graded...get better grades. I just don't see that as being the case.

 

This is the only post in this thread that I agree with 100%

 

[Speedy-D]

My question is: How the hell will this improve turnaround times? and why aren't CGC addressing this FIRST instead of buying out a company to make more money?

 

 

You, and a lot of other people here seem to think this announcement is "CGC has acquired Matt's company."

 

But that is not the case. CGC has not bought anything.

 

 

It is CCG, the umbrella company, that has acquired Matt's company.

 

 

This will likely have very little effect on CGC.

You might think it's no big deal, but when you play it down too much, your posts lose credibility. The original press release is filled with comments about how this will affect CGC.

 

Beginning February 1, 2013, Classics Incorporated’s services will be offered in conjunction with those offered by Certified Guaranty Corporation (CGC®)

.

"...this is a great fit, offering our customers additional services and an easy submission process all under one roof.”

This acquisition strengthens CCG’s commitment to promoting the comic collecting hobby and enhancing the collecting experience by offering a streamlined submission experience and a suite of services that is a win/win for both collectors and dealers. Customers who wish to send books to Classics Incorporated will be able to have them transfer directly to CGC for grading – creating a synergistic relationship similar to other CCG member companies. This efficient process saves customers time, shipping and insurance expenses.

Of course, those are all couched in positive terms, but this move leaves things open to very reasonable questions and concerns. As has been stated repeatedly already, the issue is not CGC's honesty, integrity, etc. It's the perception of said. If the perception takes too great a hit, it will have a negative and possibly huge effect on their business. When a company is basically selling integrity as CGC is, the powers that be need to keep this foremost in their minds.

[Speedy-D]

As long as Matt isn't selling books, I could care less that CGC owns a pressing/resto company.

 

Until I see evidence that grades are impacted, like missed restoration or grades that are way off (more than what they've been in the past..), I'll reserve judgment on there being a conflict of interest.

 

I can't make the leap that internal pressing services = gift grades.

 

If that were the case, the argument could be made that any paid service above normal grading stood a good chance of gift grading. Pay for express grading...get a better grade. Have more books graded...get better grades. I just don't see that as being the case.

 

This is the only post in this thread that I agree with 100%

The difference is that this service is aimed at improving grades. Fast track is about getting faster grades. You pay for it, you expect to (and do) get grades faster. This should mean that you'd expect a better grade if you pay for the Better Grade service.

 

O, and submitting a lot of comics is not a service.

[xsmr2-migration]

My question is: How the hell will this improve turnaround times? and why aren't CGC addressing this FIRST instead of buying out a company to make more money?

 

 

You, and a lot of other people here seem to think this announcement is "CGC has acquired Matt's company."

 

But that is not the case. CGC has not bought anything.

 

 

It is CCG, the umbrella company, that has acquired Matt's company.

 

 

This will likely have very little effect on CGC.

You might think it's no big deal, but when you play it down too much, your posts lose credibility. The original press release is filled with comments about how this will affect CGC.

 

Beginning February 1, 2013, Classics Incorporated’s services will be offered in conjunction with those offered by Certified Guaranty Corporation (CGC®)

.

"...this is a great fit, offering our customers additional services and an easy submission process all under one roof.”

This acquisition strengthens CCG’s commitment to promoting the comic collecting hobby and enhancing the collecting experience by offering a streamlined submission experience and a suite of services that is a win/win for both collectors and dealers. Customers who wish to send books to Classics Incorporated will be able to have them transfer directly to CGC for grading – creating a synergistic relationship similar to other CCG member companies. This efficient process saves customers time, shipping and insurance expenses.

Of course, those are all couched in positive terms, but this move leaves things open to very reasonable questions and concerns. As has been stated repeatedly already, the issue is not CGC's honesty, integrity, etc. It's the perception of said. If the perception takes too great a hit, it will have a negative and possibly huge effect on their business. When a company is basically selling integrity as CGC is, the powers that be need to keep this foremost in their minds.

 

 

The press release seems to be saying more that this will affect CGC's CUSTOMERS, not the graders and other employees of CGC.

 

Customers, who wish to use Matt's service, won't have to have their books shuttled between Texas and Florida anymore. It saves them (the customers) time and money.

[Speedy-D]

My question is: How the hell will this improve turnaround times? and why aren't CGC addressing this FIRST instead of buying out a company to make more money?

 

 

You, and a lot of other people here seem to think this announcement is "CGC has acquired Matt's company."

 

But that is not the case. CGC has not bought anything.

 

 

It is CCG, the umbrella company, that has acquired Matt's company.

 

 

This will likely have very little effect on CGC.

You might think it's no big deal, but when you play it down too much, your posts lose credibility. The original press release is filled with comments about how this will affect CGC.

 

Beginning February 1, 2013, Classics Incorporated’s services will be offered in conjunction with those offered by Certified Guaranty Corporation (CGC®)

.

"...this is a great fit, offering our customers additional services and an easy submission process all under one roof.”

This acquisition strengthens CCG’s commitment to promoting the comic collecting hobby and enhancing the collecting experience by offering a streamlined submission experience and a suite of services that is a win/win for both collectors and dealers. Customers who wish to send books to Classics Incorporated will be able to have them transfer directly to CGC for grading – creating a synergistic relationship similar to other CCG member companies. This efficient process saves customers time, shipping and insurance expenses.

Of course, those are all couched in positive terms, but this move leaves things open to very reasonable questions and concerns. As has been stated repeatedly already, the issue is not CGC's honesty, integrity, etc. It's the perception of said. If the perception takes too great a hit, it will have a negative and possibly huge effect on their business. When a company is basically selling integrity as CGC is, the powers that be need to keep this foremost in their minds.

 

 

The press release seems to be saying more that this will affect CGC's CUSTOMERS, not the graders and other employees of CGC.

 

Customers, who wish to use Matt's service, won't have to have their books shuttled between Texas and Florida anymore. It saves them (the customers) time and money.

Of course the press release is about how this will affect CGC's customers. That's what we're talking about. It lists several ways it will affect customers. There is no reason to think that this is an exhaustive list of the effects. It's 100% reasonable to speculate on how a change in a company's business makeup/practices will affect any and all aspects of that business and by extension its customers.

[Boozad]

enhancing the collecting experience by offering a streamlined submission experience and a suite of services that is a win/win for both collectors and dealers. Customers who wish to send books to Classics Incorporated will be able to have them transfer directly to CGC for grading – creating a synergistic relationship similar to other CCG member companies. This efficient process saves customers time, shipping and insurance expenses.

 

The bolded part isn't really true though is it? It doesn't enhance the collecting experience other than beefing up the census with higher grade copies of books. And the suite of services will probably never get touched by the vast majority of collectors.

 

Basically they're cutting out shipping time between Texas and Florida for full and part time dealers who want their inventory back quicker.

[ComicConnoisseur]

This is the penultimate pressing thread.

 

Another floating doo doo in the CGC board's pool. ::

 

Have a few scotches, and laugh a little. They're just comics.

 

For the most part comics that had a little value of less than a dollar until someone put a 9.8 or sig on them. Think about it,as most bronze, copper and modern comic book books valued at nm in Overstreet go for a few dollars at best in nm, but when you put that 9.6 or 9.8 label on them, then the value goes up significantly or if the 9.8 doesn`t work, then add a sig as well for the book to have some value.

It`s all about artificial value created for the majority of these comics because if you took off that 9.8 or it didn`t get that sig with someone witnessing it, then the nm comic reverts back to being worth to less than a dollar.

Myself from now on I am sticking to just golden age and silver age comics to be certified,as the rest of the market just doesn`t seem like a good bet, unless they are super uber keys.

Who cares if I get the latest issue of the Image hot comic book in 9.8 and sig if everybody else has one as well? Where is the future value in that? It reminds me of the Franklin Mint and the manufacturing of collectibles.

 

You post like a guy who has no interest in modern comic books and yet you post in the modern forums regarding your speculation "picks" and must buys. Which side of the fence do you sit on? It's fine to act high and mighty but you do realize that we can search your previous posts right? Like this one today...

 

My pick

Get them now because later you will be paying double cover for them.

 

That wasn`t a comic book that I would get slabbed. I will only get gold and silver age comic books certified,as it would be ridiculous of me to get a modern comic book like Borderlands or it`s similar kind pressed into a 9.8 or sig.

Thanks for pointing this out. (thumbs u

 

Fair enough. I can see where you're coming from (thumbs u

No problem.

To me fair is the buying and selling of raw Walking Dead`s on Ebay, what won`t be fair is all these newbies who are spending hundreds on the latest modern all proped up in a fancy 9.8 slab,and then get disappointed when they will get offered less than a $20 spot for them in a few years.

 

Everybody who collects for any length of time has been there. Not everything holds value, whether slabbed or not ( let's see where non- key WDs are in 5 years, for an example). But to suggest that moderns shouldn't be slabbed smacks of "what I collect rules and what you collect sucks".

That`s not what I am getting at. My point is most moderns have a value of cover and less, but when you put them in a CGC 9.8 they now get artificial value.

Take them out of their slabs and they are only having the value of a read.

This is much different than Walking Dead #1 or AF#15 because you can take Walking Dead#1 and AF #15 out of their slabs, and they will still hold value.

The majority of copper and modern comics would lose value, and I mean lose value big time to having thier value be worth less than a buck or two if ever taken out of slab and sold raw.

That is because as I just pointed out they have

ARTIFICIAL VALUE

that was created to make money for a few savy people.

I am surprised not many people on this edumacated board have not figured this it out by now.

Edited November 17, 2012 by ComicConnoisseur

[xsmr2-migration]

The original press release is filled with comments about how this will affect CGC.

The press release seems to be saying more that this will affect CGC's CUSTOMERS, not the graders and other employees of CGC.

Of course the press release is about how this will affect CGC's customers.

 

 

Make up your mind!

[Speedy-D]

The original press release is filled with comments about how this will affect CGC.

 

 

The press release seems to be saying more that this will affect CGC's CUSTOMERS, not the graders and other employees of CGC.

 

 

Of course the press release is about how this will affect CGC's customers.

 

 

Make up your mind!

Affecting CGC affects its customers!!

[Boozad]

This is the penultimate pressing thread.

 

Another floating doo doo in the CGC board's pool. ::

 

Have a few scotches, and laugh a little. They're just comics.

 

For the most part comics that had a little value of less than a dollar until someone put a 9.8 or sig on them. Think about it,as most bronze, copper and modern comic book books valued at nm in Overstreet go for a few dollars at best in nm, but when you put that 9.6 or 9.8 label on them, then the value goes up significantly or if the 9.8 doesn`t work, then add a sig as well for the book to have some value.

It`s all about artificial value created for the majority of these comics because if you took off that 9.8 or it didn`t get that sig with someone witnessing it, then the nm comic reverts back to being worth to less than a dollar.

Myself from now on I am sticking to just golden age and silver age comics to be certified,as the rest of the market just doesn`t seem like a good bet, unless they are super uber keys.

Who cares if I get the latest issue of the Image hot comic book in 9.8 and sig if everybody else has one as well? Where is the future value in that? It reminds me of the Franklin Mint and the manufacturing of collectibles.

 

You post like a guy who has no interest in modern comic books and yet you post in the modern forums regarding your speculation "picks" and must buys. Which side of the fence do you sit on? It's fine to act high and mighty but you do realize that we can search your previous posts right? Like this one today...

 

My pick

Get them now because later you will be paying double cover for them.

 

That wasn`t a comic book that I would get slabbed. I will only get gold and silver age comic books certified,as it would be ridiculous of me to get a modern comic book like Borderlands or it`s similar kind pressed into a 9.8 or sig.

Thanks for pointing this out. (thumbs u

 

Fair enough. I can see where you're coming from (thumbs u

No problem.

To me fair is the buying and selling of raw Walking Dead`s on Ebay, what won`t be fair is all these newbies who are spending hundreds on the latest modern all proped up in a fancy 9.8 slab,and then get disappointed when they will get offered less than a $20 spot for them in a few years.

 

Everybody who collects for any length of time has been there. Not everything holds value, whether slabbed or not ( let's see where non- key WDs are in 5 years, for an example). But to suggest that moderns shouldn't be slabbed smacks of "what I collect rules and what you collect sucks".

That`s not what I am getting at. My point is most moderns have a value of cover and less, but when you put them in a CGC 9.8 they now get artificial value.

Take out of their slabs and they are only having the value of a read.

This is much different than Walking Dead #1 or AF#15 because you can take Walking Dead#1 and AF #15 out of their slabs, and they will still hold value.

The majority of copper and modern comics would lose value, and I mean lose value big time to less than a buck or two if ever taken out of slab and sold raw.

That is because as I just pointed out they have

ARTIFICIAL VALUE

that was created to make money for a few savy people.

I am surprised not many people on this edumaticated board have not figured this it out by now.

 

They have, they're just not replying to you.

[brendanb438]

You guys this is a non-issue.

 

 

This parent company of CCG knows what the hell they are doing.

 

CGC and Classics Inc will be under one umbrella company but come on use some common sense. They are not going to destroy the reputation they have created for themselves by doing something shady now with the grading going forward.

 

They will keep the resto/pressing under one area and when books move from that side of the company over to the CGC side for grading they will be handled fairly. If they do this in any other manner they will kill the company and they are smarter than this.

 

If you have a problem with resto or pressing that is another subject, but this is a non-issue and nothing shady is going to happen unless they are out to destroy the company from within.

 

Love me a good Friday thread!!

[namisgr]

Now that the parent company of CGC has a financial stake in a pressing business, it will lock in CGCs approach to grading of ignoring defects introduced by the pressing process, and that in many collector's eyes would lower the grade of a book.

[ComicConnoisseur]

This is the penultimate pressing thread.

 

Another floating doo doo in the CGC board's pool. ::

 

Have a few scotches, and laugh a little. They're just comics.

 

For the most part comics that had a little value of less than a dollar until someone put a 9.8 or sig on them. Think about it,as most bronze, copper and modern comic book books valued at nm in Overstreet go for a few dollars at best in nm, but when you put that 9.6 or 9.8 label on them, then the value goes up significantly or if the 9.8 doesn`t work, then add a sig as well for the book to have some value.

It`s all about artificial value created for the majority of these comics because if you took off that 9.8 or it didn`t get that sig with someone witnessing it, then the nm comic reverts back to being worth to less than a dollar.

Myself from now on I am sticking to just golden age and silver age comics to be certified,as the rest of the market just doesn`t seem like a good bet, unless they are super uber keys.

Who cares if I get the latest issue of the Image hot comic book in 9.8 and sig if everybody else has one as well? Where is the future value in that? It reminds me of the Franklin Mint and the manufacturing of collectibles.

 

You post like a guy who has no interest in modern comic books and yet you post in the modern forums regarding your speculation "picks" and must buys. Which side of the fence do you sit on? It's fine to act high and mighty but you do realize that we can search your previous posts right? Like this one today...

 

My pick

Get them now because later you will be paying double cover for them.

 

That wasn`t a comic book that I would get slabbed. I will only get gold and silver age comic books certified,as it would be ridiculous of me to get a modern comic book like Borderlands or it`s similar kind pressed into a 9.8 or sig.

Thanks for pointing this out. (thumbs u

 

Fair enough. I can see where you're coming from (thumbs u

No problem.

To me fair is the buying and selling of raw Walking Dead`s on Ebay, what won`t be fair is all these newbies who are spending hundreds on the latest modern all proped up in a fancy 9.8 slab,and then get disappointed when they will get offered less than a $20 spot for them in a few years.

 

Everybody who collects for any length of time has been there. Not everything holds value, whether slabbed or not ( let's see where non- key WDs are in 5 years, for an example). But to suggest that moderns shouldn't be slabbed smacks of "what I collect rules and what you collect sucks".

That`s not what I am getting at. My point is most moderns have a value of cover and less, but when you put them in a CGC 9.8 they now get artificial value.

Take out of their slabs and they are only having the value of a read.

This is much different than Walking Dead #1 or AF#15 because you can take Walking Dead#1 and AF #15 out of their slabs, and they will still hold value.

The majority of copper and modern comics would lose value, and I mean lose value big time to less than a buck or two if ever taken out of slab and sold raw.

That is because as I just pointed out they have

ARTIFICIAL VALUE

that was created to make money for a few savy people.

I am surprised not many people on this edumaticated board have not figured this it out by now.

 

They have, they're just not replying to you.

Oh welcome back! I missed you since your second FDQ exit!