Is CGC Part of an Elaborate SCAM??
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Пікірлер: 230
It's pretty crazy that CGC admitted that they weren't using the full 10 scale. It's really disappointing. Great video, Bry. 👍
CBCS needs to jump on this. CGC just exposed themselves and undermined their integrity.
It's just another cash grab from CGC. I'm genuinely upset that all my modern 9.8's are going to tank. I'm seriously considering just selling off my modern books and stick with vintage because this is just ridiculous.
@KAOS4EVER1
4 ай бұрын
Agree, the only modern I've bought lately has been sketch covers of some artists I like. Beyond that, my focus is Golden age, specifically PCH and then only of a very few artists. Won't be seeing any PCH books at the CGC 9.9 pre-screen. 😅
@AmedeeBoulette
4 ай бұрын
It’s a PRODUCT. Not a cash grab, a PRODUCT.
@Marcus_F
4 ай бұрын
@@AmedeeBoulette For sure. I'm not sure if anyone that sees this as a scam has an understanding of how/why/what companies need to do to increase and maintain revenue. Doing one thing over and over without changing is NOT a recipe for success.
@AmedeeBoulette
4 ай бұрын
@@Marcus_F absolutely!
@Chalwa
4 ай бұрын
@@AmedeeBouletteNot mutually exclusive
I feel like cgc is on the border of being a scam, and I am curious to see if anyone is going to file a lawsuit if possible.
@richardone2038
4 ай бұрын
CGC is like NYC ezpass and congested price scammer schemes
@Marcus_F
4 ай бұрын
What exact grounds would you use to sue? Just curious.
@RichardRennes
3 ай бұрын
@@Marcus_F Fraud. Around the 4:27-5:03 is the literal admission of this fraud.
For a guarantee company, CGC business practices are garbage. I appreciate that you're honest about that and advocate for improvement. They may be too far gone.
“Follow the money” is usually a good guide for everything. May not always be true but more often than not.
I bet CGC is under pressure to increase revenue. Hence non-witnessed signatures and soon 9.9 prescreens. 9.9 prescreens will tank 9.9 values and even 9.8s. I smell lawsuit eventually. Market manipulation.
It's a shame these things happen. You hope that the existence of a grading company would create a more honest and professional environment.
I'm just upset at the fact that I was under the impression that every 9.8 pre-screen I did was already being looked at as a 9.9 or 10
@CHAMPDOGZ
4 ай бұрын
Exactly 🎯
@matrix_comix
4 ай бұрын
Sucka!
What better way to pump your new 9.9 grading capabilities than to use one of the most popular wanted books and show in auction what value anyone can potentially draw if they submit their 9.8
OMG thank you for saying that about CGC admitting they didn't properly grade books in the past. I saw that in the same video and nobody seemed to be talking about it at all, they just talk about the 9.9 pre-screen and not that they admitted they didn't do the job they were paid for.
Class action lawsuit. They were not doing what they said they would. 9.9 and 10s, although rare, should have always been on the table. Not having resources is not an excuse and makes it a money grab.
@markserpa4511
3 ай бұрын
“Not having resources “= Plausible deniability (stated now in interview) strong chess.
In about 8 years the 10.0 pre-screening will begin.
@spinnerrackstudios
4 ай бұрын
And a few years after that the 10.2 prescreening will begin!
Well said, dont overpay and go ballistic just because its a 9.9!!
Matt Nelson single handily destroying modern graded collectibles I feel like I wasted a lot of money on 9.8 books that are now going to lose value when they start doing the 9.9 pre-screen all for a cash grab their grading standards change how can you trust that company shame on you Matt Nelson
I actually think there was a 9.9 GS X-men but it was the other one in the submission that was encapsulated as the 9.8. I think they got switched during encapsulation
My worry about slabbed books is the condensation that could occur within the slab. I almost always prefer raw. The current designs for the slabs just aren't protective enough for me to go all crazy over.
@TheChadTI
3 ай бұрын
Yeah, I've thought of this too. The practice simply hasn't been around long enough to gage long-term effects.
To your takeaway #2 - there are 10 universal 9.9 of ASM 300 but the 9.8 remains the collecting standard with prices still around $3K (with a huge census count of nearly 1600 universal). I don’t think the price of this book in 9.8 would be materially different if those 10 copies of 9.9 didn’t exist. Demand for the book is just too high. Most 9.8 buyers probably do not know that those 10 copies even exist.
Grading comics is only for sellers and resellers and has ruined comic prices. I have never understood why a collector would lock up something instead of enjoying it.
"Don't pay an absurd amount for a 9.9" - Out of curiosity, what do you consider to be absurd? Personally, I think that 9.8's are already absurd relative to 9.6's (3-4x), so I'm already also definitely out on 9.9's and 10's.
Sounds like a ready made class action suit to me! They admitted to not giving proper due to the books we've submitted for years! Period!
Yeah I think I’m basically done buying graded books for my pc. Just a select few that definitely should be slabbed
I’ve just recently gotten back into the comic book collecting game after quite sometime off. Thanks for the information and takeaways!
Thank You for the lesson and advice Bry!
The grading guide page you showed does say "minor or moderate" mis-wraps do not affect grade. So, that leaves it open ended as to what they'd consider a more-than-moderate mis-wrap. I think you can feel confident of your book's grade.
This is why there MUST be graders notes saying why the book is not a 10.0. They need to explain the grade the book is given.
Informative video Bry. Thanks for your analysis on the situation.
More than the fact/ controversy that a GSX #1 has come to market, your advice at the end of the video & comments re the affect on 9.8 books is sound. Thank you
You should do a colab with Dave from Comic Book Investments. You guys are spot on.
@1800KLIENFELD
4 ай бұрын
Dave hit it on the head. Every time.
greed will prevail and people will send in tonnes of submissions.
So what I’m hearing is that I should buy a bunch of nickels, put them in baggies and get a “professional” to call them quarters. Maybe if I’m lucky they’ll label a few half dollars.
My 9.8’s are staying with me…..and I honestly think a couple may be 9.9’s but I’ll be damned if I am going to pay to find out when they should have been looking for those TO BEGIN WITH!
Great opportunity for CBCS to take advantage of this.
Yes. CGC is a joke and we’re all to blame. I have 5 slabs and will never buy another one again.
CGC is to corporate to be legit anymore.
Nice clarification. I love the hoodie
learned something new on the slab numbers. Cool that you went through the other submission that they send in
I have cold feet with submitting to CGC. Planning to break the seal soon. Give-A-Ways welcome though.
I think you are into something because in the past few days I seen some 9.9 and even a couple of 10 which are super rare.
Man, what a great take on this topic. Great, informative video Bry!
Great show Bry. In the end things come down to money. Cgc does not grade our shit to be nice. It’s finding ways to make money and increase there bottom line .If however they keep screwing around and pissing there customers off their gonna be replaced.
Another GR8 Video Bry...Thanks for taking the time. I agree with all you said...Thanks Brother!
thanks for putting it all in perspective
Thank you Bry for keeping us informed on this subject
The whole purpose of 3rd party grading is supposed to be consistency in grading, but by changing their own standard their legitimacy is called into question in the quest for them to encourage/trick their patrons into resubmitting 9.8s in the hopes of achieving higher, to maintain the submission levels they scaled up to.
Breh - how can it be NOT be a scam?!?! Crazy.
If CGG gets into enough hot water I wouldn't be surprised (and it would be a smart business decision on their part) if they were to offer a STEEP discount for re-grading their 9.8's with a guarantee of at least the same grade and recapsulation.
"Did not have resources to scrutinize." Why are you paying them? Always saw this whole thing as ridiculous.
Thanks for sharing your context. Very helpful especially for new collectors
Yeah I agree. I don’t necessarily think it was planned, to someday come out with a 9.9 pre screen. I definitely think it’s a money grab for the most part though for sure.
Very interesting, thank you for the insight
Can’t wait to see what CGC does with their labels for the jsa authentication would like to see you do a video about it when information is released.
This is very concerning with what this will potentially do to the modern comic book market. I think that it will have an effect on the market for modern books with high census counts (i.e. Ultimate Fallout #4, Batman Adventures #12, etc.). If the book has a low census count already and or it had a low print count I don't think it will matter as much as the book would already be rare and any 9.9's would be outliers. I guess it just depends on what books or eras of books you have put the most money into in how much this prescreen might affect the market for them.
Interesting take that 9.9 pre-screen will increase the 9.8 value when everyone else says it's bad for the hobby....but I think u might be on to something there.
Wow, CGC is going in the tank they need to fix this. This is what happens when it becomes big business versus a true service to their customers
9.9 pre-screens, and soon enough, 10.0 pre-screens? Is that where this road inevitably leads? If we as a community rally hard enough and tell CGC in a unified voice that we do not want this for our hobby's health, then maaaaaybe they'll resist the low-hanging fruit. Maybe. Maybe? I'll add this - the collectors who are mad about the 9.9 pre-screen, yet who are simultaneously eyeballing their slabs to see which ones they may want to submit for a bump to a 9.9 are part of the problem. You can't have it both ways. If you care about the long-term health of the hobby, and you're not pleased about the possibility of a 9.9 pre-screen, then you can't roll over and validate CGC's slimy schemes with your $.
The issue for me is the shifting grading standards. An old grade standard for a book with a subscription crease was max grade of 4.0, then CGC eased the standard up to 5.0. The 6.0 you showed had a grader notes of a subscription crease. I didn’t think a 6.0 was allowable with a subscription crease. Not a fan of ever shifting standards that always favor CGC’s revenue generating strategies.
Immensely valuable information in this video. Thank you!!
The submission person was lucky because he received graded notes for all his books , especially the 9.8. I have a giant size X-men #1 9.6 but when the person put it in the inner well because of the overhang, he damaged the book. On both from cover and on the right side .
Another awesome video Bry !! Unfortunately CGC creates their own grades all the time.
Great discussion
CGC saw its shadow and now the buyers market and price adjustments are extended even longer. I was annoyed when I payed for a press and just got the spine roll cemented, and the idea of the upcoming deterioration inside the case…gotta think long term CGC, not when the situation shows up
I see that Darkhawk love.
We are just paying CGC more and more. Upsetting b/c we are not getting what we pay for.
Just need some graders notes why my seemingly 9.6+ books get 9.2 or lower 😵💫😵💫
They have so much of my money. It’s hard to put all of your trust in just one.
CGC is in the business of making money. Your comic collection is an after thought.
good video, bro. way to break things down.
Nice video bud, but as a player I think you let CGC off the hook, it's a money grab end of
CGC is starting to get weirder and weirder.
Most high cost books are already graded.. pretty soon only moderns so we can’t create old books that make the most on grading, so create a new section to generate submissions.. actually pretty smart . It definitely hurts us as the consumers .. all our grades 9.8 s might take a hit now
The love of money is the root of evil. 🖖
I think out of all my cgc books graded at a 9.6 a total of 0 have grader notes lol. This is all sketchy. I don't know how anyone can trust this company now. If 9.8s take a massive dip, I can see people just going back to raws. CGC has already proved that they can be scammed by just opening the case. I don't see how any of this is good for the hoppy.
I've spared no expense in picking up 9.8's of many key issues so I'm not exactly pleased by this.
@grownassedgamergamer807
4 ай бұрын
Sell them.
I feel like this video is a great reason not to get your books graded as a collector. I see the benefits as a seller for sure but as a collector grading your book makes no sense to me unless you plan to eventually sell it.
Good info not really a fan of the 9.9 prescreen, I'll just keep my 9.8's
I'd rather go with the Overstreet grading guide!
Just found your page! Great videos!!!
So I've recently been thinking that my disappointment is not that CGC exists, it's that people were willing to leave it in the slab. Like I don't know how you would do it, but it should have been a situation where buyers would insist on being able to open it up. Maybe instead of encasing them, the process should have been that the book was sold, then it went to CGC who would validate the grade advertised, and then CGC would either send it to the buyer, or if they differed from the seller, then returned it to the seller and the buyer would get a refund. The notion that over time, that grade is going to be less and less valid, kinda leans into that - this should have always just been something to validate the sale, not a long-term thing.
CGC....they just need to up their game. Resourcing is not a valid reason to omit premium grades.
I mean, the way they're doing their grading now is going to lead to a lot of resubmits trying to get the higher score.
Within the last year I stated grading books with CGC. I’ve submitted between 400 to 500 books so far. I recently had an order of flawless Copper Age books that all came back between 8.0 to 9.4. When asked, CGC conveniently didn’t have a single graders note for any of them. Is there a way to challenge CGC’s grade without paying to regrade. I look at these books in the case and I’m dumbfounded on how the “2 person” grading team came up with these grades.
If it’s only the pre-screen I don’t see an issue, the issue would be if they are changing their grading standards. In theory if a book sent in the past could have achieved a 9.9 or 10 it should have received that grade regardless of a 9.8 pre-screen
Great video Brother Thanks for sharing Your passion and adventures from Toronto Ontario Canada 😎👍♥️📚📚📚📚📚✨️✨️✨️✨️✨️☕️☕️☕️☕️☕️💯💯💯💯💯✨️✨️✨️✨️
It had to happen eventually. I think time will tell how many vintage books get 9.9s. We already see a stiff increase on modern books due to the way people submit them. I like your point about money spent on grading your 9.8s, that CGC will make a ton on resubmits.
Great show , I can't believe you gave an X- men 266 on whatnot the other day. I wish I had guessed it correctly. Always treating us great.
Just got my first appearance of morlun I got from your shop. Love it man and the vids
@BrysComics
4 ай бұрын
👏
Well said, we'll see what happens!
CBCS is looking like the better company
Money grab, pure and simple.
I have no plans to sell my collection, but PAYING someone to tell me how much they are worth is BS. I click on these videos just waiting for the world to figure this scam out.
Complete BS they don't have the resources in the past. They bring in millions of profit to have those resources.
I think people should care, but graders are always fickle, and different from grader to grader. I've always had good luck when submitting, but lately, I've decided to not send anything and just purchase 9.8s from sellers to avoid the cgc headaches that come with submitting comics.
Remember there are other grading companies out there, maybe it time to try someone else beside CGC.
This is why I don’t ever grade comics im dying at all these dummies who grade 😂
When I got back into collecting about 5 years ago after a 25 year hiatus I remember feeling uneasy about sending any of my books to cgc..so I never did..and I still feel that way. Following my instincts and keep my collection raw!
How the hell can a 9.8 have cover tanning.. Cover tanning is not a manufacturer or handling defect.. This is getting sad now
Great video Bry! I would love a 9.9 or 10 but I'm content on getting 9.8 with my submissions.
Pretty interesting how you looked at the entire submission. I'm still learning here.
Unlike trading cards, comics have too many variables for grading. Whatever makes a 9.8 should have just been a 10.