The bigger auction houses in dealers that run the hobby will not move from CGC to PSA because CGC provides them with gift grades constantly. Just look at that giant size X-Men 19.9. It’s all you need to know,
PSA has never damaged my magic cards or accidentally marked and slabbed everything in an order as the wrong grade (I once had an entire 25-book submission slabbed at 9.0.... since several CGC reps refused to consider that I was not lying about it, I ended up cracking most of that order, sending the books back in, and getting mostly 9.8s on the re-grade). All that being said, I'm going to continue to use CGC for the time-being, despite some of the huge issues I've had and my having more trust in PSA. I still respect that CGC does a lot of things right. And from an investor standpoint, it's still the way to get the best resale value; and from a collector standpoint, I'd like to maintain a consistent look.
What if PSA somehow begins like Robin Hood, handing out 9.9/10 for Bronze and Copper age books submitted by Regular Joes (non-auction houses/big dealers) You'd have to believe it's game over for CGC at that point.
Beckett was the king of grading sports cards for a very long time. In a very short amount of time they went from first to last to a joke in the hobby because of PSA/Collectors.
Competition is always great. Regarding silver age and golden age comics, CGC is the clear cut leader in valuation. However, with regards to bronze and modern age books, CBCS tends to be within 10% in valuation to CGC. Plus, they don't charge you additionally the greater the value your book is.
Shawn, I agree that PSA has a tough climb ahead of them to compete with CGC in the COMIC BOOK market. However, a lot of people who collect and grade comic books, also collect and grade cards. Is it just my limited perspective, but do collectors give premium to Pokémon, Magic, and Marvel cards graded by PSA? Most comic book stores, rely on the sale of “cards”, toys, and Pops to sustain. I believe PSA will have to market, incentivize, and bundle the card grading angle with the comics to “comic shops” and “personal collectors”. The dealers and auction houses are married to CGC and that would be a messy divorce.
What’s your thoughts on Sports Illustrated magazine CGC does grade them but it’s more like an afterthought. I think PSA will definitely be number one in the Sports Illustrated and other magazines market awesome video 👍🏻
Great video and analysis. Thanks Shawn. PS. On one of your next videos on graded comics could you touch on "high quality" labels auction houses put on specific comics and how they affect value or is it all BS. Example. I saw an AF 15 at comicconnect I believe that was a 5.0 that had a QES label on it for being a top example in the grade. I noticed it sold for about 20k more than another 5.0 a week before. But upon further analysis it looks like this is just something comicconnect does in house to boost sales of their own comics. I guess I'm just looking for clarification on if this is even worth considering when bidding.
Could you speak to the perceived value of the video game grading Co.'s? Do investors or speculators place greater value either VGA, CGC, or WATA with all other things being equal?
I think we will see some early high-value comics graded by PSA and with some non-surprisingly huge dollar amounts being spent right out the gate to bid up these auctions and add legitimacy to their slabs.
It honestly depends on whether GPA or GoCollect will be able to easily incorporate PSA pricing and registry into their websites. If not, people will only ever see the CGC pricing like you do now.
I've seen several videos where people are cracking open graded cards, resubmitting them and some times getting a higher grade! Usually an 8 to a 9 or 9 to a 10. This is of course the human element, do you think the next big thing will be A.I. grading?
They've been trying that AI shit with coins....which is probably the one thing...IF ANYTHING where AI grading has a chance, although I think it's still light years away. AI doesn't know how to physically OPEN the book and look at each page.
Would it make sense for cgc to create a new type of grading case that makes it possible for the owners to have access to viewing the other pages inside of the comics or is that process just going to raise the prices higher for grading and make the original cases more valuable ?
My biggest gripe with collectibles is that demand seems set in stone. Collectors don't have a way to add value to anything so you have to hope that whatever you acquire increases in value over time.
Uh...it's always been that way... Here's the better bet ...collect the shit because you LIKE it and don't care if it will go up in value. If you're looking to invest put your money regularly in an S&P 500 index fund. At least it's liquid and usually....over time....goes up in value.
PSA will absolutely make CGC nervous... your typical upstart competitor is constrained by capital available experience and PSA has both a solid rep in a near-identical biz and a lotta $, so I think you can look for a little competition from each in the form of specials and possibly reduced grading fees...
Shawn what do you think ct scanner for sealed Pokémon, sports cards and other. People are using X-ray to scan sealed boxes? You should make a video about it?
Here's my thoughts....IF the dude bought an old, small CT scanner....he can do whatever he wants with it. I will say this - I used to work for a company that MADE actual, LARGE CT scanners...and if that dude doesn't take the necessary precautions to protect himself from the radiation......he won't live to enjoy his collection OR the money he will make.
CGC has a huge upper hand over PSA because of graded pop census vs few raw copies, esp silver/ golden age which is more mature market and where true investor value is. Unless PSA can somehow convince the existing CGC holders to reslab their golden/ silver age comics through some revolutionary grading technology etc, CGC will lead the market for foreseeable future. Pop census for modern/ copper age is of not much value. There are too many copies out there so I wonder where is PSA competitive edge in this game
Shawn what do you think Burbank sports card are leaving eBay for soon. They are switching former known pwcc marketplace now it call fanatics collect? eBay will lose about 40 million cards due Burbank sports card are leaving? How does it effect eBay business?
I hate PSA they can't grade their own sport cards correctly, but they sure know how to "up charge" you if you hit a valuable card & I feel PSA is entering the market to get a piece of your money. Also there cases suck 🤮💯
PSA? PSA = lack of consistency........I wouldn't send them a beat-up 1980's TV Guide with ALF on the cover to grade.....much less a book of ANY consequential value. Some of the video's showing what PSA has done to cards (damage) and how badly they are inconsistent is appalling IF I was to EVER get something graded....I wouldn't send it to PSA.
The only good thing people have said about Matt Nelson is he seems like a nice guy. Matt Nelson is bought sold by these dealers and auction houses on the daily basis, and runs a clown car show these days.
The bigger auction houses in dealers that run the hobby will not move from CGC to PSA because CGC provides them with gift grades constantly. Just look at that giant size X-Men 19.9. It’s all you need to know,
They def give gimme grades to those auction houses to special dealers. Facts
This
Wouldn’t PSA be able to offer the same “services” to those dealers?
@@RielDomainmtg 1 of 1 serial card got a 9. CGC would have given it a 10
@@2hugebros241 I buy that.
PSA has never damaged my magic cards or accidentally marked and slabbed everything in an order as the wrong grade (I once had an entire 25-book submission slabbed at 9.0.... since several CGC reps refused to consider that I was not lying about it, I ended up cracking most of that order, sending the books back in, and getting mostly 9.8s on the re-grade).
All that being said, I'm going to continue to use CGC for the time-being, despite some of the huge issues I've had and my having more trust in PSA. I still respect that CGC does a lot of things right. And from an investor standpoint, it's still the way to get the best resale value; and from a collector standpoint, I'd like to maintain a consistent look.
What if PSA somehow begins like Robin Hood, handing out 9.9/10 for Bronze and Copper age books submitted by Regular Joes (non-auction houses/big dealers)
You'd have to believe it's game over for CGC at that point.
Great video as always Shawn ! Looking forward to future videos on this as Psa Comic Grading Divison grows ...
Beckett was the king of grading sports cards for a very long time. In a very short amount of time they went from first to last to a joke in the hobby because of PSA/Collectors.
Best thing psa can do is restore the honesty to the 9.8 versus 9.9 nonsense. Cgc changed their standards on this after 20 years. Total bs. 💩
Always appreciate your analysis.
Competition is always great. Regarding silver age and golden age comics, CGC is the clear cut leader in valuation. However, with regards to bronze and modern age books, CBCS tends to be within 10% in valuation to CGC. Plus, they don't charge you additionally the greater the value your book is.
Appreciate the honest analysis, as always!
An Another great video thanks 👍
Shawn, I agree that PSA has a tough climb ahead of them to compete with CGC in the COMIC BOOK market. However, a lot of people who collect and grade comic books, also collect and grade cards. Is it just my limited perspective, but do collectors give premium to Pokémon, Magic, and Marvel cards graded by PSA? Most comic book stores, rely on the sale of “cards”, toys, and Pops to sustain. I believe PSA will have to market, incentivize, and bundle the card grading angle with the comics to “comic shops” and “personal collectors”. The dealers and auction houses are married to CGC and that would be a messy divorce.
Thank you very much
Great video!
I am Definitely looking forward to PSA entering this market & either matching or surpassing CGC.
Why tho
Dude wants to be upcharged 😂😂😂
the hard hitting content i crave
honesty is the best policy..and I believe Shawn is pretty honest and quite correct.
You look sharp in this video!
Thank you!
What’s your thoughts on Sports Illustrated magazine CGC does grade them but it’s more like an afterthought. I think PSA will definitely be number one in the Sports Illustrated and other magazines market awesome video 👍🏻
Without a doubt PSA will eventually dominate sports and entertainment related magazines.
I’m curious to see how they can elevate grading service experience for comic book collecting industry.
Please comment on the CT scanning of sealed TCG. I'm watching this market to see if we see a massive unloading of hoarded sealed product.
Great video and analysis. Thanks Shawn. PS. On one of your next videos on graded comics could you touch on "high quality" labels auction houses put on specific comics and how they affect value or is it all BS. Example. I saw an AF 15 at comicconnect I believe that was a 5.0 that had a QES label on it for being a top example in the grade. I noticed it sold for about 20k more than another 5.0 a week before. But upon further analysis it looks like this is just something comicconnect does in house to boost sales of their own comics. I guess I'm just looking for clarification on if this is even worth considering when bidding.
Could you speak to the perceived value of the video game grading Co.'s? Do investors or speculators place greater value either VGA, CGC, or WATA with all other things being equal?
I think we will see some early high-value comics graded by PSA and with some non-surprisingly huge dollar amounts being spent right out the gate to bid up these auctions and add legitimacy to their slabs.
It honestly depends on whether GPA or GoCollect will be able to easily incorporate PSA pricing and registry into their websites. If not, people will only ever see the CGC pricing like you do now.
I've seen several videos where people are cracking open graded cards, resubmitting them and some times getting a higher grade! Usually an 8 to a 9 or 9 to a 10. This is of course the human element, do you think the next big thing will be A.I. grading?
They've been trying that AI shit with coins....which is probably the one thing...IF ANYTHING where AI grading has a chance, although I think it's still light years away. AI doesn't know how to physically OPEN the book and look at each page.
so many 3rd party grading companies nowadays, its hard to keep track of them all lol
You’re definitely not wrong. I also have to discuss the denise of IGS in another video.
Would it make sense for cgc to create a new type of grading case that makes it possible for the owners to have access to viewing the other pages inside of the comics or is that process just going to raise the prices higher for grading and make the original cases more valuable ?
My biggest gripe with collectibles is that demand seems set in stone. Collectors don't have a way to add value to anything so you have to hope that whatever you acquire increases in value over time.
Hope is always a good speculation approach.
Uh...it's always been that way... Here's the better bet ...collect the shit because you LIKE it and don't care if it will go up in value. If you're looking to invest put your money regularly in an S&P 500 index fund. At least it's liquid and usually....over time....goes up in value.
PSA will absolutely make CGC nervous... your typical upstart competitor is constrained by capital available experience and PSA has both a solid rep in a near-identical biz and a lotta $, so I think you can look for a little competition from each in the form of specials and possibly reduced grading fees...
Will you be doing a video on the fall of IGS?
Shawn what do you think ct scanner for sealed Pokémon, sports cards and other. People are using X-ray to scan sealed boxes? You should make a video about it?
Would love to hear your thoughts on commercialized CT scans for booster packs and boxes.
Here's my thoughts....IF the dude bought an old, small CT scanner....he can do whatever he wants with it. I will say this - I used to work for a company that MADE actual, LARGE CT scanners...and if that dude doesn't take the necessary precautions to protect himself from the radiation......he won't live to enjoy his collection OR the money he will make.
Well when cgc losses a 10million dollar court case I think some eye brows are being raised
I have a tupac signed item Jsa'd. Are they slabbing yet ?
CGC has a huge upper hand over PSA because of graded pop census vs few raw copies, esp silver/ golden age which is more mature market and where true investor value is.
Unless PSA can somehow convince the existing CGC holders to reslab their golden/ silver age comics through some revolutionary grading technology etc, CGC will lead the market for foreseeable future.
Pop census for modern/ copper age is of not much value. There are too many copies out there so I wonder where is PSA competitive edge in this game
Shawn what do you think Burbank sports card are leaving eBay for soon. They are switching former known pwcc marketplace now it call fanatics collect? eBay will lose about 40 million cards due Burbank sports card are leaving? How does it effect eBay business?
It does make one wonder how many more 9.9 and 10.0 that Matt Nelson is going to demand that his auction house buddies get so they don’t go to PSA.
Would it have been better for PSA to grade the comic books similar to TCG? 9 vs 9.0 for example
I hate PSA they can't grade their own sport cards correctly, but they sure know how to "up charge" you if you hit a valuable card & I feel PSA is entering the market to get a piece of your money. Also there cases suck 🤮💯
all for competition. but psa comic slabs are even more ugly and the labels are even uglier than their card slab counterparts.
Is now a good time to sell graded comics?
That’s almost like asking how long is a piece of string?
The answer is, in this case, it is dependent on a lot of individual factors and variables.
PSA? PSA = lack of consistency........I wouldn't send them a beat-up 1980's TV Guide with ALF on the cover to grade.....much less a book of ANY consequential value. Some of the video's showing what PSA has done to cards (damage) and how badly they are inconsistent is appalling IF I was to EVER get something graded....I wouldn't send it to PSA.
But I like Alf! 😳
The only good thing people have said about Matt Nelson is he seems like a nice guy. Matt Nelson is bought sold by these dealers and auction houses on the daily basis, and runs a clown car show these days.
Big time - Here Matt, here's 500 grand worth of cards....I better see some 10's boy.
Matt: Yes sir, sir...NO problem!
I want manga graded by psa. It will match my psa pokemon and signed weiss cards.
We all know that third party grading is a scam, Shawn.
I believe that you truly believe that.
@@ReservedInvestments I believe that you believe that I truly believe that...
Oh look more 'grading' scams. Give it up, nothing is worth enough to care.