Yeah but then there would also be slightly more PSA slabs available to meet the slightly increased demand. That ends up balancing the price. The two underlying determinants of price are availability of the raw card and the number of buyers. Neither changes regardless of how the grading market is split between companies.
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The most interesting thing to me is how this changes the industryâs view of subgrades going forward. CGC differentiated themselves from PSA by providing subgrades and perfect cards, and from my perspective, the combination of CGC and BGS both offering subgrades was putting some pressure on PSA to provide subgrades as well (although it would probably never happen). This change by CGC (the biggest grading upstart in recent years) is essentially an admission that subgrades arenât the way to go and PSA was âcorrectâ this entire time. If you still want subgrades, you still have BGS, but it did seem like the overall community was trending towards subgrades and this kind of halts it.
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From their post:
Cards previously graded Gem Mint 9.5 are exactly equivalent to Gem Mint 10 under the updated grading scale
This implies to me that the standard for getting a 10 under the new scale is identical to the standard for getting a 9.5 under the old scale
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CGC has not yet announced pricing. If they bring bulk back to $12 or lower, does this change your opinion on the changes today?
- Yes
- No
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I read it the same way, and Iâd think that this cheapens the value of CGC 10s generally. Coupled with the massive amount of regrades that will be pending, the number means less.
Question, whats the speculation on what this will do to values of new blue label 9.5s vs old blue label 9.5s vs new label 10s vs old label 10s? I have always liked getting 9.5s when i can but now they wont be a thing.
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Lol thatâs just hard to read
So many labels
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I know. I hated typing it out.
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Also if the cert numbers stay the same on cards that are reholdered, do we need to use that to identify if itâs a tru 10, quad 9.5 10, or 9.5- 10?
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Just imagine how many ebay listing will say âREAL CGC GEM MINT PERFECT PRISTINE 10 OLD LABEL LIKE PSAâ
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My thoughts:
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I respect companies that try to innovate, but this feels incredibly late to the party. CGC is going on 3 years, why didnât this happen earlier?
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I liked the blue label a lot. The original label was meh, but the updated blue/white label was pretty cool. This new one looks like a basement grading company.
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I hate when companies change their grading criteria. It only serves to increase uncertainty in the validity and reliability of their grades. CGC has now done this twice in three years.
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I have even less trust in the CGC 10. Congratulations to all of the PSA 9 crack-and-resubmitters who upgraded to CGC 9.5, as you now have CGC 10s.
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Without the âCGC Perfectâ grade, why would people prefer a CGC 10 to a PSA 10? This âBlack Labelâ equivalent was attractive to a lot of collectors.
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Sub-grades were helpful as they differentiated CGC from PSA. Why would a sub-grade obsessed TCG like Magic the Gathering want to grade with them? I thought that CGC was going to reign supreme for MTG, but now all of the early adapters are bound to go back to BGS for their sub-grades.
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The Pristine grade is still here. Having two different âgem mint+â grades different by .5 of one subgrade always seemed excessive to me.
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Oh, I must have misread that. So anyone who previously had a Pristine 10 will keep their Pristine 10, anyone with a Perfect 10 now has a Pristine 10, and anyone with an old CGC 9.5 will now have a CGC 10, but not a Pristine 10? Good lord.
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oh woah that was not clear. Ok so theyre just doing a old 9.5 holder bump. Ok I guess that works for me. Itll take time for people to get over that because you could argue that is unfair but I am glad its not a complete removal of 9.5s
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Oh, I didnât realize that new 9.5s will be given out! So the old 9.5s are now Gem Mint 10s, but the new 9.5s are⌠9.5?
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Hmmmmmm now that was not relayed properly in their video or FAQ. Not sure what to think of that lol
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Huh so .5 grades still remain, mind blown:
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I feel like that is huge news, and not good news! 9.5s remain, but only old ones get upgraded to 10 
yeah that was my biggest complaint, so now I guess it would just be the odd choice of giving old 9.5s 10s???
Is this them saying that grading is officially less strict as we all hinted at. Idk