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Onsite grading, what do I need to know?

47 posts in this topic

Is the SS program part of this? Or you have to send those in?

 

Its listed with the on site prices so it must be an option.

 

 

Signature Series witnessed signature authentication services for on-site grading — Modern Tier grading fee + $11; for all other tiers, add $10 to grading fee (per signature)

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OK, let’s see if I have this straight. I submit my NM98 and choose one of the tiers below:

 

Modern Tier (comics 1975–present, valued US $200 or less) — US $30

Economy Tier (comics valued US $300 or less) — US $55

Standard Tier (comics valued US $1,000 or less) — US $90

Express Tier (comics valued US $3,000 or less) — US $145

 

CGC grades the book and I pay. What I pay is not what tier I submit but rather what tier they determine the value of the book to be? It may or may not be the same Tier that I submit – it just depends on how they value it?

 

If the above is true, I have more questions:

 

Why do I even submit under a specific tier?

 

How does CGC determine value? It seems very subjective to me – what keeps CGC from bumping my book into a higher tier in order to get a bigger fee? I have no idea how to determine value – is there a guide?

 

My collecting of comics has slowed down and I don’t really watch values. I buy books that I don’t have and pay what I feel I would like to pay. As such, values are not something I am that familiar with. Does CGC use something like eBay?

 

Does how you submit (what tier) have any impact on how the book is graded?

 

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CGC grades the book and I pay. What I pay is not what tier I submit but rather what tier they determine the value of the book to be? It may or may not be the same Tier that I submit – it just depends on how they value it?

No, as I explained earlier - you pick the tier.

 

It's only if there's a huge discrepancy between the tier you've chosen and the book you've submitted that CGC will move you to a different tier.

 

 

Why do I even submit under a specific tier?

Only post-1975 books can be submitted under the modern tier.

For all other tiers, you pick the tier corresponding with the insurance value you'd like on the book.

 

Higher-priced tiers also give you faster turnaround time. This isn't much of an issue at an onsite show where all books are guaranteed to be ready by the end of the show on Sunday, but if you're doing a regular submission through the mail it makes a huge difference.

 

 

How does CGC determine value? It seems very subjective to me – what keeps CGC from bumping my book into a higher tier in order to get a bigger fee? I have no idea how to determine value – is there a guide?

They use a variety of sources - GPA, auction results, general knowledge of the comic book market, etc.

 

Trust me - if your book gets bumped into a higher tier, it's usually a cause for celebration because it means you drastically undervalued your book.

 

 

Does how you submit (what tier) have any impact on how the book is graded?

None whatsoever.

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CGC grades the book and I pay. What I pay is not what tier I submit but rather what tier they determine the value of the book to be? It may or may not be the same Tier that I submit – it just depends on how they value it?

No, as I explained earlier - you pick the tier.

 

It's only if there's a huge discrepancy between the tier you've chosen and the book you've submitted that CGC will move you to a different tier.

 

 

Why do I even submit under a specific tier?

Only post-1975 books can be submitted under the modern tier.

For all other tiers, you pick the tier corresponding with the insurance value you'd like on the book.

 

Higher-priced tiers also give you faster turnaround time. This isn't much of an issue at an onsite show where all books are guaranteed to be ready by the end of the show on Sunday, but if you're doing a regular submission through the mail it makes a huge difference.

 

 

How does CGC determine value? It seems very subjective to me – what keeps CGC from bumping my book into a higher tier in order to get a bigger fee? I have no idea how to determine value – is there a guide?

They use a variety of sources - GPA, auction results, general knowledge of the comic book market, etc.

 

Trust me - if your book gets bumped into a higher tier, it's usually a cause for celebration because it means you drastically undervalued your book.

 

 

Does how you submit (what tier) have any impact on how the book is graded?

None whatsoever.

 

Very helpful, thank you.

 

What is GPA?

 

What would you suggest as a tier to submit a very nice NM98? Personally, I would think it easily a NM copy as I bought it off the wall when it came out and cherry picked nice copies of everything back then and it has been bagged since. That being said, I am not a big grader so I don't have a trained eye for what I should be looking for in terms of condition, etc.

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For instance, you submit a Bone #1 under the modern tier and lists the value as $200 - it comes back as a blue label CGC 9.8 which gives it a FMV of around $3-4,000. Once you come to pick up the book, you'll most likely be presented with a note saying it's been bumped to the Standard or Express tier and you'll be charged the difference in grading fees before it's released to you.

 

I missed this ... what is a blue label? Surely a Bone #1 isn't worth $3-4K???

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OK, let’s see if I have this straight. I submit my NM98 and choose one of the tiers below:

 

Modern Tier (comics 1975–present, valued US $200 or less) — US $30

Economy Tier (comics valued US $300 or less) — US $55

Standard Tier (comics valued US $1,000 or less) — US $90

Express Tier (comics valued US $3,000 or less) — US $145

 

CGC grades the book and I pay. What I pay is not what tier I submit but rather what tier they determine the value of the book to be? It may or may not be the same Tier that I submit – it just depends on how they value it?

 

If the above is true, I have more questions:

 

Why do I even submit under a specific tier?

 

Some answers already; one more:

 

Any book you own that was created in 1975 or after goes into the Modern Tier.

 

Even if you believe your NM 98 is a 10.0 -- Modern Tier.

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For instance, you submit a Bone #1 under the modern tier and lists the value as $200 - it comes back as a blue label CGC 9.8 which gives it a FMV of around $3-4,000. Once you come to pick up the book, you'll most likely be presented with a note saying it's been bumped to the Standard or Express tier and you'll be charged the difference in grading fees before it's released to you.

 

I missed this ... what is a blue label?

 

Have you really been on this board for 5 years? :baiting:

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CGC grades the book and I pay. What I pay is not what tier I submit but rather what tier they determine the value of the book to be? It may or may not be the same Tier that I submit – it just depends on how they value it?

No, as I explained earlier - you pick the tier.

 

It's only if there's a huge discrepancy between the tier you've chosen and the book you've submitted that CGC will move you to a different tier.

 

 

Why do I even submit under a specific tier?

Only post-1975 books can be submitted under the modern tier.

For all other tiers, you pick the tier corresponding with the insurance value you'd like on the book.

 

Higher-priced tiers also give you faster turnaround time. This isn't much of an issue at an onsite show where all books are guaranteed to be ready by the end of the show on Sunday, but if you're doing a regular submission through the mail it makes a huge difference.

 

 

How does CGC determine value? It seems very subjective to me – what keeps CGC from bumping my book into a higher tier in order to get a bigger fee? I have no idea how to determine value – is there a guide?

They use a variety of sources - GPA, auction results, general knowledge of the comic book market, etc.

 

Trust me - if your book gets bumped into a higher tier, it's usually a cause for celebration because it means you drastically undervalued your book.

 

 

Does how you submit (what tier) have any impact on how the book is graded?

None whatsoever.

 

Very helpful, thank you.

 

What is GPA?

 

What would you suggest as a tier to submit a very nice NM98? Personally, I would think it easily a NM copy as I bought it off the wall when it came out and cherry picked nice copies of everything back then and it has been bagged since. That being said, I am not a big grader so I don't have a trained eye for what I should be looking for in terms of condition, etc.

 

Modern tier for NM #98s - always.

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For instance, you submit a Bone #1 under the modern tier and lists the value as $200 - it comes back as a blue label CGC 9.8 which gives it a FMV of around $3-4,000. Once you come to pick up the book, you'll most likely be presented with a note saying it's been bumped to the Standard or Express tier and you'll be charged the difference in grading fees before it's released to you.

 

I missed this ... what is a blue label? Surely a Bone #1 isn't worth $3-4K???

 

Blue label = universal label. And, yes, a Bone #1 in CGC 9.8 is worth around $3-4k.

 

You had a copy that was already signed, right? It would come back in Green (qualified) label due to the unverified signature and be worth a fair bit less.

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For instance, you submit a Bone #1 under the modern tier and lists the value as $200 - it comes back as a blue label CGC 9.8 which gives it a FMV of around $3-4,000. Once you come to pick up the book, you'll most likely be presented with a note saying it's been bumped to the Standard or Express tier and you'll be charged the difference in grading fees before it's released to you.

 

I missed this ... what is a blue label?

 

Have you really been on this board for 5 years? :baiting:

 

Yep, but primarily in the art section. My heavy comic buying days are from many years ago. This will be my first foray into grading.

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Can you just have your books Reholdered? It's pretty expensive to have your books reholdered if you mail them in.

 

They don't do reholders onsite - they'll take the books, but they go back to Florida and get mailed back to you (and you pay the normal return shipping prices).

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