This Is Why I Don't Use CBCS to Grade Comics!
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- เผยแพร่เมื่อ 15 ก.ย. 2024
- #ComicInvesting #Comics #cgc #cbcs
This is why I don't send comics to CBCS for grading. Let's look at the sales prices for the CBCS comics that sold in the recent Heritage auction.
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Im the person who bought the chamber of chills 19 for $18,000. I bought it because it’s one of the best presenting 5.0 I’ve seen. The fact that it was graded by CBCS didn’t affect how much I bid versus if it had been in a CGC slab. I truly bought the book and not the grade or the brand of slab. Will I cross it over to CGC? Maybe, but I have to wonder if it’s worth paying them $800+ to do so.
Congrats on picking up Chills 19. It's a nice cover.
it makes sense to purchase the book in the cbcs slab. if you sell it, it 100% makes sense to get it slabbed by cgc. it would be foolish not to
It's hilarious.....don't use CBCS because of sales but continue to use CGC despite, fraud of a variety orders, inferior slabs that damage books, grading invisible books, scandal after scandal after scandal.....I'm convinced the people who continue to support CGC and detract from CBCS are 100% purely in this hobby for the investment. They are not collectors....they don't love the medium. Its 100% about the ROI.....Let's just say it out loud....CGC are for dealers, sellers, money people period. If comic collecting ever bottoms out, these people are gone. They could not care less about the actual hobby. CBCS, which is superior to CGC in every single way that should matter to collectors is virtually completely ignored. The comic hobby is made up of two types....opportunists and collectors. The opportunists worship at the CGC altar....the collectors use CBCS.
Perfectly said.
@Max_1955 My Ultro Pro Slab I bought for $15.00 keeps it just as safe as a over priced slab and it HAS UV Protection. CGC can't say that but CBCS can. NO cover fade here and I save thousands. Plus, I can read em. As can the generation after me.
@max_1955 You have extremely low expectations and standards if you think that because CGC is the marketshare leader they're allowed to have deliberate fraudulent scandals. What a complete joke to suggest CGC has clearer slabs than CBCS. Even if you excluded the high percentage of oil slick newton ringed CGC slabs....CBCS's slabs are miles ahead superior in every single way to CGC's. CGC is much much closer to PGX in every way except for resale sale.....they share the same or similar business ethics...slabs are similar. Yeah, CBCS is definitely the collectors grader....CGC is for flippers/dealers.
Very well said. I believe CBCS will jump leaps and bounds in the coming year or two. Same is already happening in the trading card space. It was all PSA for years but now CGC is selling on par and even better in some cases and there aren't nearly as many advantages there as there are here between these brands. CBCS runs circles around this trash and actually cares about their quality and service.
You should not be telling people to not submit to CBCS because there are people who like to submit to them for certain reason other then just for sales. The quality that they give is much better then CGC and their slabs are much much better. First you make videos on CGC and their quality of control, the scams, and now the 9.9 manipulation of the market then you come out with this video so where are you going? We know CBCS doesnt have the most value but by telling your audience to not submit to CBCS contradicts your other videos and does not make you look convincing in your arguments now. Whats next dont submit to PGX? Wait we already know that we dont need a 30 minute video on it lol
I’m not going anywhere with it. I give people my opinions based on what I see. You seem to think I have some agenda on one company or another. I don’t. I’m not trying to convince anyone one way or the other. I’m just giving the information I have and stating why I use CGC over cbcs.
Plus, many people don’t know that cbcs sells for less, I have people tell me I’m wrong when I say that all the time. So the purpose of this video was to give additional context for that.
Also, as I’ve said in other comments, just because there’s an issue with a company doesn’t make them instantly evil and can’t be used. If that was the case you can’t use cbcs either. They’ve had plenty of issues as well (which people seem to conveniently forget).
Lastly, right at the beginning of this video I said you may want to submit to cbcs for other reasons, but financially, this is why I don’t submit to them.
Its ok. Let the others think CGC is the way to go
These videos help enforce the market share monopoly CGC has on graded books. You should promote other companies like CBCS instead of hitting them with click bait video titles. CGC keeps screwing up, but nobody holds them accountable and it stays business as usual.
CGC also recently tried to quick fix the cases by sealing the sides to prevent some of the fraud that was occurring and now it is even harder to get rid of the newton rings..Now you are stuck with them. Way to go CGC.
Correct, all these influencers have to prop CGC up because all their value is in CGC books. Scandals, Theft, etc are irrelevant because sales price is all that matters. Just another tool
Absolutely..I'm taking a pass on this channel for awhile because of this CGC bs . I just paid over FMV for
CBCS slab. Why? Because I buy the book. Not the grade.
He’s just stating facts. That’s how it is. I’ve had both companies and CGC just sells at a premium regardless what you or I think. People that have the money buy the grade and there’s no doubt that if you’re going to flip you’re going with the company that will give the best return. That’s what PSA is in the card world vs Beckett, CGC etc.
It’s not my job to pump cbcs. That should be the job of their non-existent marketing department. I’m just pointing out the facts on the sales numbers and why I don’t send to them (and why I wouldn’t recommend others use them either).
It's fair to say that you prefer to use cgc as a reseller because unfortunately a lot of buyers prefer to pay more for cgc books. It's just too bad because cbcs is also a good company with a quality product and professional grading and there really isn't a reason any more for them to be worth less. It's good for buyers though! I'll happily take the same book in a cbcs slab at a 40% discount thank you very much!
CBCS 9.8 = CGC 11😅 Automatic Comics, now sponsored by CGC. 😜
Are you sponsored by CBCS?
@@AutomaticComics 😜 No, but I have to admit it'd be cool. Rock on brother. Lol
Okay. All we hear is "Grading is subjective" then we hear CGC is KING"....When CBCS and CGC books are the same value because Grading is subjective after all, then that would prove that grading isn't a scam.
The book is the book regardless of the plastic that it is encased in. It’s the market that dictates every book’s value when it comes to auction.
Your take that the grading company has significant influence is a flawed premise. As a business owner, you do you.. but trying to influence in such a jaded way is questionable at the very least and IMO, does little to support the community.
Comps are nothing more than a picture in time and do not take anything more than that into account.. not today’s market, not the audience, not one person’s want or the book’s desirability.
The slab and the grade assigned is next to irrelevant to any educated collector. I, personally prefer to purchase raw and “grade” with my own eyes.. so I can see more than just the outer covers. I will then assign value based on what I’m willing to pay.
A fool and their money are quickly parted.
the grading company does have significant influence.
@@gregahunt not to me… but I agree it can be a factor of influence to a portion of the population, right or wrong.
As a collector, I have taken advantage of the CBCS "discount" many times, so I have several in my own collection. Selling them is not fun, I have had to do it a couple of times when I upgraded the books.
IMHO CBCS cases is just better quality - I find them superior to CGC's.
It's the market that needs to accept CBCS - but that's probably a question of the chicken or the egg? We as buyers should prove it to get the dealers on board, but we need the dealers to prove it? I don't know.
The next thing, is CBCS even as a company ready to have the push lets just say 20% of the business from CGC got to them, I doubt it - to prepare for scale is not an easy task, especially in a company that's as dependent on manual labor with specialised skillset.
I have speculated for quite a while CBCS could have an opening to get a foot in from a different angle which CGC doesn't take serious. A real office in Europe where it's no just a sending stuff to the US, and not being in the UK...
Appreciate the well thought out comment. A lot of this comment section has just been people yelling at me because they’re angry that I said CGC comics sell for more. But as someone that has also sold cbcs books, I know how much harder it is.
Honestly I don’t think there’s any way cbcs catches up to or even makes a dent in cgc’s market share. Especially now that CGC is going to be doing signature verification.
I use CBCS because I want my books to reflect what the grade is and what's going on inside the slab. I use this service as an aid to the buyer so that they're aware of the condition not the price. This insanity of chasing newly minted collector items is rediculous
Christ...this shill again. Buyers buy the book, not the grading company only - thats insight you'll never hear from small time dealers like this guy. Your personal estimates dont mean anything.
Hey at this point I slab my personal collection via CBCS and the books I plan to sell via CGC. If the masses want slop , feed it to them. If selling fast food affords me steak so be it.
Nice! I can pay less for a CBCS 9.6 that CGC would probably grade at 9.8, then when it's time to sell, I can crack, submit to CGC, get a 9.8 and take advantage of the premium price they sell for!
I mean, if that GS X-Men is a 9.9 then my 9.8's are all 10.0's
Damn dude....i was hoping to keep watching your stuff man. Before you were just talking about CGC. Now youre actively promoting the toxicity. Sorry to see this
“actively promoting the toxicity?” i mean, he just got finished making a video talking about how lame 9.9 screening is. this video is about the value of cgc slabs vs cbcs slabs in the comic market. it may be someone else that is toxic here.
@gregahunt appreciate it. I knew this video would get a lot of heated feedback. I bet a lot of the people writing complaints didn’t even watch it 🤷♂️.
I like to think I just present the information that’s out there, whether it’s positive or negative. But the instant you say anything positive about CGC you’re instantly a shill or a coward. What can you do.
With my submissions to cbcs, I have found that they are a tougher grade than cgc. They really should sell for more than cgc.
It doesn't necessarily matter which company grades harder. What matters is what the overall consensus wants to buy. If more and more people want to buy CBCS graded books then you will start to slowly see an increase in value. That's how it is. The cbcs needs to continuously increase the marketing and perhaps show a census I think that will be a step in the right direction.
Just goes to show that people aren't buying the grades, or the books. They are literally just buying it because it says CGC at this point
@@TriWaZe agreed. I have an ultimate fallout 4 first print 9.0 from CBCS. I’ve been trying to sell it for a while now. Nobody wants it because it doesn’t say CGC on it.
You're seriously just hilarious at this point. It's dealers taking your attitude right here that's the problem. You even said the HUGE difference in supply available. We're all sick of CGC I'm not going to take the time to list the vast amount of issues and scandals and market manipulation tactics they've done because we all know them. It's this attitude of cowardice that keeps the market from shifting. I applaud big dealers like Blue Chip keys finally taking a stand and making a switch so we can just have more available. Until more dealers start to make the switch and give us buyers more of a supply of course CGC is always going to have the advantage. You and other dealers that are too much of cowards to make the switch is empowering CGC to keep up with their poor performance and business tactics. You sir are exemplifying the real.problem with the values not changing by your lack of will to stand together with other dealers like Blue Chip keys to force a shift in the market. It's lazy and cowardly.
Clearly everyone isn’t sick of CGC or they wouldn’t use them or buy the books graded by them. You might be sick of them. And you should go use cbcs then.
Also I’d be pretty interested to see what his actual submission numbers are. I bet they’re very very low compared to what he sends to CGC. All he said was he sends more there now than before. If he’s hardly ever used them before, that number could be very small. But people hear what they want to hear.
People hear what they want to hear just like you read what you wanted to read. You know exactly what I was getting at and you conveniently don't address it. Do you think ppl will stop buying graded comics if the only graded comics available are CBCS? The supply and availability are a HUGE issue. You and other dealers are the supply and us as buyers are the demand. If dealers get together and switch the supply to CBCS then our demand will obviously have to shift because the supply would be more available. The numbers are all so heavily favored by CGC and keep growing because the supply is abundantly CGC. You know something collectors like is uniformity so yes that plays into this. You want to talk about all the high sales of CGC vs CBCS all the time what about the LOWEST sales of all time I would be willing to bet the ALL time lowest sales are heavily in CGC's favor over CBCS which means ppl got deals on some CGC slabs so then their uniformity brain kicks in when they already have so many CGC slabs that now when they do.stumble across the rare CBCS slab they don't consider it. All you reveal when you do these type of videos is how cowardly dealers like yourself are the real one's that keep giving CGC all their power over our hobby because you're unwilling to make the switch to start to flip the supply issue. Why don't you look at all the all time low sales and see if the numbers are heavily CBCS vs CGC? Oh wait cuz it would expose exactly what I'm talking about that those lowest all time numbers are also in CGC's favor and cowardly dealers like yourself are the real problem from making a real change and meaningful difference.
Relax guy. Ryan is just providing advice that can save people a lot of money. The fact that CBCS aren't as valuable as CGC isn't Ryan's fault. Cowardly? What are you on about? Facts are facts.
@@jorgedacunha2676 yeah the facts are CGC have the majority of the highest but they also have a majority of the LOWEST no one talks about that. The bottom line is the SUPPLY is overwhelming CGC and when there's more available they'll get more eyes on them and more sales are made. This is simple math and averages. If you're not looking at the complete equation you give ppl a narrative that can suit whatever message you want to convey. He clearly is too cowardly to stand with other dealers and make the switch to bring more supply to the collectors. Therefore CGC will just keep up their poor business practices because dealers like him are too cowardly to make a meaningful difference by switching. We all know it's the dealers that are doing the majority of the grading business so until THEY make a change things will not get better for collector's.
I love to buy cbcs and pgx comics. I get them same grade way cheaper, and if I really want to sell, I could just cross grade to cgc and have somebody overpay because it's cgc
The case the book is in doesn't matter. There are some elitist out there that think CBCS books are worth less, but honestly there is no difference. In fact, these days I think I would trust a CBCS case more then CGC, give all the scandals and relaxing standards CGC is starting to lean towards. That doesn't even cover the whole change to 9.9 grading.
It has nothing to do with elitists. It’s just the sales numbers. They do sell for less.
You’re welcome to buy cbcs books, I’m not saying you can’t. The entire point of this video is to show the price difference between CGC and cbcs graded books.
@@AutomaticComicsI understood the point of the video AutomaticComics, but saying the sale is lower just because it's a CBCS book isn't fact. Remember, this year Comic book prices are sliding downward. You can't say with 100% certainty that isn't also playing a part in the lower pricing.
@@xellosmetallium8519I account for those kinds of things when I’m pricing comics. That’s why I priced the house of secrets 92 at 80k even though its last sale was 84k. I’ve priced tens of thousands of comics over the last 5 years. I have a pretty good idea what I’m doing. And of course there isn’t 100% certainty. That’s why I priced out every cbcs book in this auction. The more points of reference the better.
@@AutomaticComics so when are you going to do a video on all the record low sales to show that CBCS are the actual lowest and that they FAR outnumber CGC on record low sales? This video is completely biased and skewed to a favorable narrative for CGC. You trying to take a cowardly stance of not being brave enough to take a stand and flip or at least bring the supply market to a more even number by using CBCS or encouraging others to keeps us all victims to CGC's poor business practices. You're a "numbers guy" that should be an easy data video for you to put out. The availability of supply of CGC vs CBCS and the company that holds the higher averages of record low sales.
@darrickforsberg8510 you keep talking but you aren’t saying anything.
You complain about CGC and all their antics, but then reinforce the idea that grading with cgc is the way to go. Sooo different in sports card world. If unhappy, go with one of the competitors 🤷♂️
You can complain about something and still use it. People seem to think it has to be black and white. I can bring flaws in what CGC does to people’s attention but that doesn’t mean CGC is this horrible monster that can’t be used if they’ve got some issues.
Let’s not forget cbcs has had issues too. They lost hundreds of books. They sent books to someone’s house to grade. None of these companies are perfect and it’s ridiculous to claim they are.
@@AutomaticComics I've seen plenty of comments from people complaining about cbcs issues and even more complaints about their customer service. Dave over on Comic book investments made a video about customer complaint with cbcs and also shared one of his own stories in the video:
th-cam.com/video/Rl4ATp-5KsY/w-d-xo.html
Does this take into account their new pricing scale with the higher priced books being 4 % across the board to grade? Sometimes it's just us lower tier.Collectors that sent in good books to CBCS because it does not cost as much.
Yes, making 20% more on average on a sale more than compensates for any extra cost from grading. There’s zero financial reason to use cbcs. There may be other reasons to use them, like I mentioned in the video. But financially, CGC wins over cbcs every time.
@@AutomaticComics End. Of.
CBCS is owned by Beckett. I think the mistake they made was not calling it Beckett Comic Grading or something like that.
If they had’ve used the Beckett name which technically it is, but it’s not shown as such, people would be holding them in a higher regard.
I’ve seen some videos that are saying once PSA starts grading next year, CBCS instantly drops to third place just based on the PSA name alone.
But I’ve only ever used CBCS because they guarantee a turn around time. I don’t have to send off a book and wait a year for it to come back.
looks like some smart buyers got some great books. Buy the books not the grade.
The few times I've submitted CBCS has been great! CGC no so much.
I can’t believe how stupid the haters in these comments are. You are just speaking truth, and these guys with their preconceived unalterable opinions can’t take it. I love your videos and agree with your opinions. This video isn’t even opinion though, you are simply presenting facts. Keep up the good work.
The dealer who bought the All-American Comics 18 already relisted it on eBay for 13k more than what they paid for it. 😂
That’s interesting. I don’t know how he would have it already. The invoices were only sent out today. Seems very sketchy.
Question unrelated to video
Where can I find, what the page count is on older books and does it start with first interior page?
The best source is comics.org
They give the total page count including the covers.
@@AutomaticComics excellent
Thank you
@@chi-tn also remember each side of the page is counted, not each sheet. Ryan did a video a couple years ago on this channel that will help you. Good luck 🙂
@@brute_nm Yes, I remember that video, but I was having difficulty finding it in his archives
@@chi-tn its title is "Is Your Comic Missing Pages? - How To Know If Your Comic Is All There." I would send a link but I think TH-cam automatically removes them (thinking they're spam)
I think one issue that may be hurting sales of CBCS compared to CGC are the grading notes. If you take a look at CGC the notes are very simple and limited where as the CBCS notes are extensive and detailed.. That may be deterring people when it comes to big dollar sales with CBCS..There is a good reason CGC stopped putting many details on the cases..To help sales. Just a thought.
To me that just shows CBCS is more thorough. But yet CGC is king? LOL
What graders notes? a lot of their books don't have them. How many videos have you seen where someone did a live unboxing and was disappointed in the grade. They go to the graders notes to find out why, and guess what, no graders notes. CBCS has always had theirs up front with the QR code. CGC finally copied it, but they still don't have graders notes.
Almost all my CGC books have been getting graders notes for the last 1-1.5 years. I know they aren’t as thorough as cbcs, but they have been doing a better job with it.
@@AutomaticComics So just to follow up. Do you think CGC stopped putting certain notes on their cases only to help sales and if not why do you think they did it? Just curious.Thank you very much for the hard work you put into your videos.Even though some may not agree with your opinion at times you put yourself out there and that says a lot.
@danscoolpaper they definitely took the notes off the label to help sales. There’s no question about that. I made a video about it when they did it.
My take is, cbcs is great for buyers but bad for sellers. If it's for your pc then the cheaper alternative might be for you as long as you can tolerate the uglier label
The problem is that CGC has still not fixed the problem of reholding and how CGC is now on the money grab of 9.9 they are now just a blackrock money grab. I will no longer use CGC,
I have a few CGC and CBCS books. I don't think you people even get it when is comes to comics, especially back issues. Real collectors never sell their books because they have sentimental value, not monetary value. Second, slabbed books are NOT found in the comic book price guide and are therefore the same price as non slabbed books. Where you people get the notion that are not the same price means you've been duped. Slabbed books are the biggest farce in history and is only good for protecting older books. Duh🙄
Wow, why didn't that TFTC go for more?? What a beautiful copy! Several buyers missed the boat on that one and the seller had to be sick!
Keep doing what you are doing, Ryan.
I have wondered about sales of cbcs vs cgc. Currently planning on slabbing hundreds of books. Currently do not want to use cgc due to all the recent things. Also waiting to see what cbcs does in answer to cgc all of a sudden raising the bar to 9.9 and in my opinion in 5 years doing the same with 10.0.
I just wonder what the value of 9.8 will be when 9.9s start hitting the market. Any dealers holding 9.8 s of big books are sweating right now!
Thanks for the video! Hope to see cgc 9.8 a year ago vs 9.8 now/6 mins/12 month
Just curious taking into account the condition of the books and the oddity situations of some of the books, how many of these books would have shocked you if they sold for that price if it was in a CGC case? I doubt you would have been shocked by the UF 4 selling below your projection.
Excellent analysis. Your analyses and insights are very interesting and quite useful. I appreciate the hard work that goes into these videos. As someone who follows all comic auctions, I love your pre and post analyses of key auctions including the LIVE sessions during the actual auctions. These are your bread and butter. Only you and Swagglehaus do this which I believe sets both of you apart.
Love this channel!!
Ryan hate mail numbers are going to increase this week. :)
That just means I’m talking about something worth talking about =)
So buy the cbcs and regrade it if you are flipping the book. If there is really 27k difference between the cbcs and cgc numbers.
You’re gambling that you actually get the same grade when you cross grade it. Like with that house of secrets 92, you could lose 28k if it comes back a 9.6.
guys there’s no ulterior motive here.
if you have a valuable book, you use the grading company that is going to allow you to retain the maximum value. if you like buying a book and then putting it in a slab that instantly loses you 35% of its value, knock yourself out.
yes, cgc screwed up. every company screws up. think about how well cbcs would do if they had ten times the volume to deal with. a lot of you seem to think ryan is “pushing cgc” on you. he is not. he’s explaining the economics of buying and selling high value comics.
if you want to use cbcs, no one is stopping you.
💯
This is my take on buyers premium.,besides earning profits for the consignment of books, it is designed to lessen shill bidding. Just imagine you winning the bid on your own listed book paying both sellers and buyers premium.
If you want to play the stock market, play the stock market. If you want to collect comics, collect comics, BUT DON'T MIX THE TWO UP. I went through the implosion of the collectable market back in the late seventies, and I'm watching the exact same thing happen now. Do you honestly believe that someone will give a rats butt about some especially created thing OR Variants upon Variants upon Variants from a convention a decade down the road. Instant collectables are a joke and will come back to haunt you as OLD is GOLD and always will be. I believe that CBCS is doing exactly what you're paying them to do and they're doing a really good job at it. I'd trust they're appraisal of the grade WAY more than I'd trust CBG because they've got a dog in this fight, STINKS LAST FOREVER.
If you can still grade a book, 'beyond the number in the top-left corner and grader notes', after it has been slabbed, by whichever company, then why would any, buyer or bidder, lose or win, big on any book? The one thing I am slightly confused about is, how is there a 'trend' from a book that sells once a year, over the last three or four years. Anyhow, decent video, in a quick look at some discrepancies.
I agree 100% with your Heritage bidding strategy. I take it one step further and deduct 30% to account for taxes and fees.
Just pull the plug on CBCS they're done. CGC has only 1 boogeyman, and his name is PSA.
You are correct, and the evidence has been supporting this for a while now. Facts are facts. Preferences aside numbers don't lie. If you are buying and selling, then CGC is the best way to ensure your book sells for the best price. Even if you have no intention on selling now, it just makes more sense to have what will better retain value in the long run. I would like to see a video similar to this for sales of major Silver Age grails CBCS compared to CGC. It is funny how people say prove it, and then when you show evidence then it's more "you're part of the problem" 😂. We are collectors and don't really buy with the intent to sell, but that doesn't mean stuff can't happen. When you're putting money into things, it just makes more sense to use CGC.
kept going sunday.... handful of precodes were stupid cheap in cbcs
Seems like using CBCS for your personal collection / never sell books, and using CGC for flipping is the way.
I just flat out like CGC better. I’m the consumer. It’s my choice. If you people like CBCS better....then use them. It’s that simple.
Do you realize that by making this video, you continue to solidify the notion CBCS books are worth less? The idea that grading CBCS is for personal collections, but books to sell are sent to CGC is part of the problem. As long as people are told "CBCS books sell for less money." They will continue to sell for less money. Until everyone stops looking at the grading company and start looking at the books for what they think they're worth, this IDEA will continue.
You went through the CBCS books that you thought would draw some decent prices and then valued them based on what you thought they were worth. If you really wanted to be unbiased you could have done the same with CGC books. Did any of them sell for less than you thought? We will never know. I was really surprised when you said the Journey into Mystery was probably over graded. Don't you think that might have had an influence on the price? Some of those books had the god awful cases and labels that not even a die hard CBCS fan would want. Don't you think that could have had an influence on the price?
Please stop propagating the notion that CBCS books are worth less. Can't we just slab books to protect them and to enjoy the art on the covers and not worry about who graded them! Buy the books you love and stop worry about who graded it.
People ask me where they should send their books to get graded. If the reason is for resale, the answer is CGC. I’m not going to lie and say anything different just to make the CGC haters happy. Facts are facts.
Also, I do that with CGC books nearly every week when I make my market recap videos, and I did it for years in my earlier videos on my channel when I did evaluations of sales data every week.
Also I didn’t cherry pick any cbcs books I thought would draw attention. If you actually watched my video, which I’m guessing you didn’t, I did every cbcs book that was in this auction.
But I’m aware it’s pretty pointless at this point to talk with you guys. You all just want to hate everything CGC and anything positive about them makes me a shill. So either learn from the information or keep staying angry 🤷♂️
@@AutomaticComics You are absolutely wrong. I watched every minute of your video. I am not a CGC hater. I am trying to point out that as long as people keep saying CBCS books sell for less than CGC, they always will. I did not mean to imply that you are a CBCS hater. People that are haters will not look at any positive aspects of CBCS. They will always look at the negative. I wish everyone would stop looking at the company logo on the slab and look at the book in the slab. Does it appeal to you? Is it a book you want to add to your collection? Is the price within a range that you find comfortable to spend your money on?
I realize that you do show evaluations on CGC books on regular basis. My point was, you didn't do it as a comparison with this auction. Auction prices vary from auction to auction. To make your point of the lower prices on CBCS books, wouldn't it have been fair to show how CGC books in the same auction performed. As an example did you value the FF #48 at $63,000? That's a pretty low price based on its last sale of $96,000 three months ago. Auction prices vary and book prices will rise and fall based on the person who bids on it.
I have several CGC and CBCS books in my collection. I buy the book not the grade or grading company. People need to stop taking this so seriously. It's not life and death. Both companies have made mistakes and they will continue to make mistakes.My point from the beginning is, a value of a book should be based on what you are willing to pay no matter if it's graded by CGC, CBCS or raw! Collect what you like and don't worry about what the plastic surrounding it says. Slabs are to protect a book and give a fair estimate of its grade. Not determine its value. The buyer always determines the value.
@@petereddy7633 my history with accuracy pricing comics is sufficient for this video. But like I said, I know that no matter what I said, I was going to get this kind of pushback. If I picked CGC books I would be accused of picking books that overperformed. Or people would expect me to price all 600+ CGC comics that sold (which just isn’t going to happen). It’s a no win situation.
Also, if you watched the recent comicconnect auction you would know that a 9.8 FF48 sold for $66k. And that when that FF48 sold in January I commented that it was a very very high price and that I thought the book should be much lower. So no, that sale didn’t surprise me, I think it’s actually still too high by a lot.
And you’re right, the buyer does determine the value. And that’s the whole point of this video. The buyers have determined that on average, cbcs books sell for less than CGC. Just like PGX sell for less than both.
I still use CGC, and I'm happy with them, ppl are quick to forget that cbcs lost hundreds of books, and 400+ day TATs with just a fraction of CGCs volume. Grading is risky, but CGC is safer and built to handle the volume.
Just goes to show how sheepish people are, its really frustrating..
I always found that CBCS grades are one grade lower, on average than CGC.
But the Blue Beetle #10 (8.5) looks to me at 7.0 at best?
CGC books are always over graded and over priced
@jamesz4872 if you watch my full video maybe you’ll see cbcs doesn’t seem to be the best grader either. Check out the journey into mystery 32 in a cbcs 8.0 and let me know after that if you think it’s an 8.0. Honest opinion, not just based on how you feel about CGC or cbcs.
@@jamesz4872 Dunning-Kruger effect
I can see all the crybabies are out for blood. I tried cbcs once and and my books sold SIGNIFICANTLY lower than expected. I lost over $10,000 on my hulk 1 alone. Never again.
It was inevitable 🤷♂️.
But that’s the whole point of this video. My channel is largely the financial side of comics. I can’t tell people that cbcs is a great option and they should use it if I don’t believe it. But of course that makes me a shill for CGC.
Plus I’ve had cbcs guys asking me to prove my point when I say cbcs is worse financially for a while. But when I do, they don’t seem to like the reality of it.
How much did you pay for your Hulk #1? If you sold it for more than you purchased it for then it's not a loss.
L vid
Thanks for the video Ryan. All these comments from man babies mad at you for reporting the facts. All you are doing is reflecting your thoughts and to get mad at that, then people should unfollow the channel. Collectors are to blame for the prices and submissions for cgc. If collectors bought CBCS at higher prices then the market could even out. Until then, cgc will remain the king no matter what they do. Perfect solution is don't submit your books to anyone lol.
I never use or buy CBCS because it is a FACT that CGC gets more for you when sold.
Cbcs will always be a pass. I’d rather not own the book.