CGC will flip PSA

Grading
, , ,
45

@triple did nothing some things wrong

46

Too Japanese. And I say that not as a negative. Japanese companies such as PokĆ©mon are very slow to act and change when itā€™s not required.

1 Like
47

i was just trying to make a pun based on their upside down slabs :smiling_face_with_tear:

2 Likes
48

Even when change is required they donā€™t lol

3 Likes
49

Grading is a waste that only serves to increase the amount of money that is slung around in this hobby. All of these companies are leeches that provide no real value to anyone.

But I still enjoy hate reading these threads because Iā€™m a bad person.

5 Likes
50

You posted in the wrong thread.

2 Likes
51

You could say the same for this whole thread.

3 Likes
52

Iā€™m sure they will :joy:, all they have to do is to add some other nosensical grades like ā€˜CGC 10 IMMACULATE GEM MINTā€™ AND ā€˜CGC 10 STAINLESS PRISTINEā€™

2 Likes
53

that psa 10 might get a pristine at cgc tho and the psa 8 might get a cgc 9 :rofl:

54

Thatā€™s why Iā€™ve said this. If you have the knowledge and a little bit of luck, you can maximize the numeric grade by submitting elsewhere.

1 Like
55

laughs in raw

2 Likes
56

CGC sucks balls. They charge when they receive . If you have 1000ā€™s of cards in limbo for 2 months. that is $35,000 stuck in CGC hole. CGC is for small submitters.

57

I am surprised PSA doesnā€™t take a small deposit when they receive cards. The 2021 Vivid Voltage disaster of PSA 9 common reverse holos made challenging business times even worse. I guess people arenā€™t sending worthless cards to PSA anymore.

To be fair on CGC part, turn around time is quicker and credit card bill isnā€™t due until 30-60 days after it is charged, depending on where you are at on your statement cycle. So cash flow problems are slightly alleviated. If you canā€™t cash flow $35k, why are you grading that many cards at a time in the first place? Too many people overleverage themselves on credit cards to make a small buck

2 Likes
58

All really excellent questions Eevee! Good discussionā€¦

59

i pay everything cashā€¦ why is anyone using credit cards/credit is the real question, The $35k can be spent on 648 boxes of TF and made way more profits by the time the subs are finished, easily make up the difference in PSA fees. Cash flow for any company is important. Not credit important but maximizing profits. From my last few subs. PSA is the same turnaround time as CGC. PSA overestimates the turnaround times and CGC underestimates the turnaround times. They both about the same, just looks worse on the website with PSA . One ,PSA, is more honest with the TATS.

How can i over leverage myself when i pay cash?

Currently i submit to 5 grading companies, (really good vendor fees with 3). PSA is still the most consistent in ROI. Not the highest, but the most consistent.

60

Ah, the $35,000 stuck comment you made made it sounds like it was a cash flow issue. Never mind that.

But not using a credit card is very boomer of you. Why not get a free 2% cash back and free interest for 1-2 months? Day 1 you pay 35k from a bank wire. Or you could have $700 in cash back and $233 in free interest (4% interest rate in money market).

6 Likes
61

Too much work. I could use an airline CC (miles). But i rather just use my PP balance, i dont want to withdraw too much from PP. Just streamline everything.

less paper work. too much cash going all over the place.

62

I might have been gone from E4 for too long this time around as Iā€™d forgotten how awesome the level of discussion/insight is that happens here. Glad to be back yā€™all and thanks for those that waved hello!

2 Likes
63

No lies detected

1 Like
64

keeping any amount of money much less five figures in paypal seems like a terrible ideaā€¦ paypal is not a bank and not fdic insured they can close ur account for whatever reason they want or for no reason at all and then youll be sol :rofl: