CGC Announces Updates to Services and Fees for 2022 6 6

[StillOnly25Cents]

On 1/4/2022 at 4:20 PM, Kevin76 said:

 

Rather than stopping submissions like other grading companies did to get caught up, they just raise the rates to discourage submitters instead

no, they actually created a new deadline to get hit with a flood of submissions for people wanting to avoid the increase which will only further backup TATs

[THE_BEYONDER]

Way to stick it to your customers CGC!!!

 

 

[drbanner]

[onlyweaknesskryptonite]

On 1/4/2022 at 4:28 PM, THE_BEYONDER said:

Way to stick it to your customers CGC!!!

 

 

Edited January 4, 2022 by onlyweaknesskryptonite

[wombat]

Of course there is going to be a massive wave of submissions to get in before the price increase. Never fear though. CGC has tackled the critical step of figuring out how to open up mail in less than 2 months. 

[Math Teacher]

On 1/4/2022 at 4:06 PM, Cool Ghoul said:

I think CGC is basically just riding the inflationary wave at the moment.

At some point in time, inflation will be reduced. Should we expect a corresponding reduction in CGC's prices?

Ha-ha-ha-ha! I almost wet my pants when I typed that.

[arexcrooke]

On 1/4/2022 at 4:57 PM, Terry JSA said:

Does this price increase also come with the added bonus increasing turn around time’s from 8-10 months to 3-4 years? 

Seems like it  

[WernerVonDoom]

So I submitted books before the 2021 price change - I haven't got them back before this price change. Sounds legit.

[arexcrooke]

On 1/4/2022 at 5:29 PM, drbanner said:

Precisely 

[arexcrooke]

On 1/4/2022 at 5:36 PM, WernerVonDoom said:

So I submitted books before the 2021 price change - I haven't got them back before this price change. Sounds legit.

Christonabike that bonkers

[Ride the Tiger]

I'm having no regrets about not renewing. Ain't no way I'd pay more for their current service. Wouldn't renew if they cut prices in half.

[ygogolak]

On 1/4/2022 at 5:06 PM, Cool Ghoul said:

I'm not surprised CGC did this, as many companies are raising their prices across the board (utilities, grocery, auto, restaurants, etc.). 

I think CGC is basically just riding the inflationary wave at the moment. 

Sooner or later, however, people may want to re-evaluate whether or not it's worth submitting 100s of modern comics when -- after grading and selling costs are factored in -- there's very little profit left for the end customer.

They raised prices May 2021.

[StillOnly25Cents]

On 1/4/2022 at 4:40 PM, ygogolak said:

They raised prices May 2021.

that was due to inflation too .......

 

they needed to inflate their egos

[topcat54]

That’s what happens when CGC gets bought out by the big boys 

[topcat54]

Get used to it

 

[zosocane]

Edited January 4, 2022 by zosocane

[awakeintheashes]

On 1/4/2022 at 5:49 PM, topcat54 said:

Get used to it

 

[JollyComics]

On 1/4/2022 at 3:35 PM, nikocb said:

Every shipment to me via FedEx has been delayed during the past two years. They've lost 3 separate shipments.

Trust me, I currently work for UPS for 13 years.  They beat up many packages through few different hubs and few hundred miles of conveyors everyday. I load them into the truck. There are many opened or torn boxes that I have to tape them. Sometimes, I saw the comic books too (the most valuable book I recalled was heavily taped up JIM #85 along many Thor books).  UPS will NOT take any responsibility if the comic books are lost but they will cover the shipping costs only.

[William-James88]

I'll let other people CGC their books and buy the slabbed drek at the same price as raws.  Might even remove them from the slabs to read them.

Edited January 4, 2022 by William-James88

[MAR1979]

On 1/4/2022 at 5:21 PM, Radricky said:

So even higher prices with slower turn around times?

Seems like a great way to push customers to their competition. 

I do wish any of the current competition was truly viable. Hopefully there will be another player one day.

Folks the goal was not to slow down submission of books that probably should not be submitted. If it had been CGC would have done what PSA did which was only limit subs to only express for 8 months.  This is purely a cash grab.

All this price increase will do, other than line the CGC exec's pockets, is cause a deluge of new submissions. Prepare for turn-around-time for what is already in the pipeline to be increased by months - perhaps even a year.

Great times ahead with CGC; higher costs, turn around time possibly at a year, and continued reduced quality control. After all why do any quality control if you are overflowing with business?

 

P.S. Years from now when the boom is but a memory try to recall how you were were treated when they was a livin' way high up on that hog

 

Edited January 4, 2022 by MAR1979