RockMyAmadeus Posted October 24, 2017 Share Posted October 24, 2017 25 minutes ago, SECollector said: So the second best in the sports cards market purchased the second best in the comic books field. I wonder if PSA who is the leading company in cards will now make a move towards CGC. Now, that would be interesting! No. CGC is owned by the Certified Collectibles Group, which contains the monster powerhouse NGC. NGC makes all the rest of this look like amateur hour. Pizzafist 1 Link to comment Share on other sites More sharing options...
RockMyAmadeus Posted October 24, 2017 Share Posted October 24, 2017 I'm pulling numbers completely out of thin air, but I suspect NGC does in a month what CGC does in six in terms of revenue...if not more. Link to comment Share on other sites More sharing options...
rogue14 Posted October 24, 2017 Share Posted October 24, 2017 Interesting.. guess only time can tell. Link to comment Share on other sites More sharing options...
comicwiz Posted October 24, 2017 Share Posted October 24, 2017 (edited) 3 hours ago, SECollector said: So the second best in the sports cards market purchased the second best in the comic books field. I wonder if PSA who is the leading company in cards will now make a move towards CGC. Now, that would be interesting! PSA is not the best. They are the choice grader for suckers. Edited October 24, 2017 by comicwiz ___, LOC Collectibles and Pirate 3 Link to comment Share on other sites More sharing options...
F For Fake Posted October 24, 2017 Share Posted October 24, 2017 14 hours ago, Aweandlorder said: In other news PGX is bought by Radio Shack Hey now, as a former Radio Shack employee (my first job out of high school) I have to say...uh...yeah, you nailed that one. Pizzafist 1 Link to comment Share on other sites More sharing options...
badback83 Posted October 24, 2017 Share Posted October 24, 2017 Wow. Very interesting. Link to comment Share on other sites More sharing options...
ygogolak Posted October 24, 2017 Share Posted October 24, 2017 4 hours ago, comicwiz said: PSA is not the best. They are the choice grader for suckers. Hmmm, and yet they have the best returns. Reminds me of someone else.... comicquant 1 Link to comment Share on other sites More sharing options...
Pizzafist Posted October 24, 2017 Share Posted October 24, 2017 16 hours ago, Aweandlorder said: In other news PGX is bought by Radio Shack How's that PGX census coming...hahah they suck. Link to comment Share on other sites More sharing options...
Pizzafist Posted October 24, 2017 Share Posted October 24, 2017 (edited) I don't trust Beckett ,They manipulated and destroyed the Sports card market with over-inflated prices in their old monthly guides and their card grading is not that great,In my limited experience with them. Seems like a reach for them that will only damage the comic market.Thank goodness Overstreet keeps it real...Although I do believe a few modern keys were manipulated to higher prices that they deserve through the ebay market place dealers (aka Batman Adventures #12...great example...A 9.8 should be a $300 book at best...as well as New Mutants #98...a 9.8 should be 300-400 tops.I worked in a comic shop that turned huge numbers when they came out and I saw how many were printed back then and everyone was buying at least two then because the title was so hot...Now New Mutants #87 was actually low printed and was selling raw for $60 just a month or two after release.) Mr.Pizzafist Edited October 24, 2017 by Pizzafist Link to comment Share on other sites More sharing options...
Bakerbr13 Posted October 24, 2017 Share Posted October 24, 2017 Coming from someone who collects graded baseball cards, all psa, i do not want psa grading my comics. I hope psa never gets involved with comics but where there is a chance to make a buck, they will be there. Link to comment Share on other sites More sharing options...
ygogolak Posted October 24, 2017 Share Posted October 24, 2017 1 hour ago, Pizzafist said: I don't trust Beckett ,They manipulated and destroyed the Sports card market with over-inflated prices in their old monthly guides and their card grading is not that great,In my limited experience with them. Seems like a reach for them that will only damage the comic market.Thank goodness Overstreet keeps it real...Although I do believe a few modern keys were manipulated to higher prices that they deserve through the ebay market place dealers (aka Batman Adventures #12...great example...A 9.8 should be a $300 book at best...as well as New Mutants #98...a 9.8 should be 300-400 tops.I worked in a comic shop that turned huge numbers when they came out and I saw how many were printed back then and everyone was buying at least two then because the title was so hot...Now New Mutants #87 was actually low printed and was selling raw for $60 just a month or two after release.) Mr.Pizzafist Every type of market evaluation can be manipulated. Doesn't Overstreet use sales prices from dealers across the country? I love when dealers use Overstreet to price books. Link to comment Share on other sites More sharing options...
Pizzafist Posted October 24, 2017 Share Posted October 24, 2017 10 minutes ago, ygogolak said: Every type of market evaluation can be manipulated. Doesn't Overstreet use sales prices from dealers across the country? I love when dealers use Overstreet to price books. I smart buyer can always do well , Overstreet tends to take it slower(usually) and that keeps them from having to back-peddle if a book is too high. I can see how that might benefit you in many cases. Link to comment Share on other sites More sharing options...
ComicConnoisseur Posted October 24, 2017 Share Posted October 24, 2017 9 hours ago, RockMyAmadeus said: I'm pulling numbers completely out of thin air, but I suspect NGC does in a month what CGC does in six in terms of revenue...if not more. Yep agreed, coins is the biggest hobby out there. I would put though sportscards hobby ahead of comics do to volume. Link to comment Share on other sites More sharing options...
ComicConnoisseur Posted October 24, 2017 Share Posted October 24, 2017 22 minutes ago, ygogolak said: Every type of market evaluation can be manipulated. Doesn't Overstreet use sales prices from dealers across the country? I love when dealers use Overstreet to price books. There was rumors years ago that Overstreet and Geppi manipulated the Barks and EC Comics markets. I don't know as I was a kid back then,maybe veterans can chime in? Link to comment Share on other sites More sharing options...
jsilverjanet Posted October 24, 2017 Share Posted October 24, 2017 18 hours ago, RockMyAmadeus said: Well. Well well well. Harvey Keitel greggy 1 Link to comment Share on other sites More sharing options...
chrisco37 Posted October 24, 2017 Share Posted October 24, 2017 9 hours ago, RockMyAmadeus said: I'm pulling numbers completely out of thin air, but I suspect NGC does in a month what CGC does in six in terms of revenue...if not more. I suspect you're closer to "right" than "wrong". CGC was "needed" when they appeared on the scene, but they've never been the cash cow under that umbrella. Beckett acquiring Voldy is definitely big news and could be a good or a bad thing (only time will tell). I will say that my opinion of the move, at this point, will be solely based on what happens with Borock. Will he remain there in his role or do they change things up? The viability and success of Voldy was/is based on him as the face of the company. Link to comment Share on other sites More sharing options...
Red84 Posted October 24, 2017 Share Posted October 24, 2017 A year ago this thread would have 500 posts by now. AmazingComics413, F For Fake and ___ 3 Link to comment Share on other sites More sharing options...
RockMyAmadeus Posted October 24, 2017 Share Posted October 24, 2017 48 minutes ago, chrisco37 said: I suspect you're closer to "right" than "wrong". CGC was "needed" when they appeared on the scene, but they've never been the cash cow under that umbrella. Beckett acquiring Voldy is definitely big news and could be a good or a bad thing (only time will tell). I will say that my opinion of the move, at this point, will be solely based on what happens with Borock. Will he remain there in his role or do they change things up? The viability and success of Voldy was/is based on him as the face of the company. Especially since they've hired a handful of verrrry questionable people to work for them. Link to comment Share on other sites More sharing options...
1Cool Posted October 24, 2017 Share Posted October 24, 2017 1 hour ago, Red84 said: A year ago this thread would have 500 posts by now. I'd suspect a year ago this thread would have gone poof deadleg 1 Link to comment Share on other sites More sharing options...
chrisco37 Posted October 24, 2017 Share Posted October 24, 2017 29 minutes ago, RockMyAmadeus said: Especially since they've hired a handful of verrrry questionable people to work for them. Can you elaborate? I missed the FB announcement and there is nothing on the website regarding the acquisition. RockMyAmadeus 1 Link to comment Share on other sites More sharing options...