PGX Slabbed...How would you sell?10467
 Masculinity takes a holiday.
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EbayMafia private msg quote post Address this user | |
| In my previous efforts to support the under-dog grading company before CBCS existed, I had many books graded by PGX. The company did a face-plant around the time CBCS started up and I switched to the new option. I'm still left with around 30 PGX slabs. Nothing of serious value, many books with CGC graded market value of $90-$150. Probably the most significant books are a Shock Suspenstories #1 graded 4.0 and a FF #50 generously graded at 5.5. If you were selling, would you keep them in the PGX slabs or would you crack them and sell raw? Maybe eat the cost to submit for CBCS Raw Grade? As a buyer, would you be more comfortable buying a PGX slabbed book or a raw book? |
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 Beaten by boat oars
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Studley_Dudley private msg quote post Address this user | |
| Crack and sell raw, or list below the going rate. If you're looking to sell, I wouldn't put more into them than you already have. IF I were looking to buy a PGX graded book, I would not pay anywhere close to the FMV, plus I'd need to see it in hand with grader notes. I think their notes were still free. | ||
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 I hear their hourly rate is outrageous!
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sportshort private msg quote post Address this user | |
| I like PGX, I would by their slabs in a minute, at least they don't have rings on them and they look great. But, Knowing that folks don't like them as much as I do, I look for them to specifically get a good deal. they are great looking though and since they are for my personal collection I keep them in their slabs.But if I were selling a Key, I might consider cracking it and getting it graded by CGC for the extra profit (if any). They've never done me wrong, but the forums and forum members here are way better. P.S. PGX doesn't have forums. ha-ha. |
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 past performance is no guarantee of future actions.
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KatKomics private msg quote post Address this user | |
| @Studley_Dudley I don't know....I checked the graders notes on something I was interested in once and it was like a stock run down of what would be in that grade rather than actual notes for the specific book - not impressed. @EbaySeller I'd leave them in the slab and take really good photos of the book inside (the corners, the spine, both front and back and defects). Let prospective buyers make up their own mind on if the grade matches the book...and even then expect less than FMV. |
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| Post 4 • IP flag post | ||
 Collector
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comic_book_man private msg quote post Address this user | |
| @EbaySeller I think you really only have two options. 1) Leave them as is or go raw (slab removal) 2) Send them slabbed to CGC for a cross-over discount (50% off), if you have the time/money and believe the reslab value will outweigh the re-investment costs |
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 I showed my wife and she was so happy for me she started to cry.
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Batman66 private msg quote post Address this user | |
| I did send a few books that were pgx to cgc (still have 4-6 with them now) for the crossover program. When I buy a book, if it's in a Cbcs, cgc or pgx, I buy it for the book, not the grade they associate with it. I've done well with pgx purchases, my recent crossover ff48 was a pgx 9.0, came back cgc8.5, my dd1 pgx 3.5 came back a cgc 3.5, gsx1 pgx 8.0 came back a cgc 7.5. I bought a pgx 6.0 gsx1 for less than 600, cracked it open, (looked way better than a 6.0, very very close to my 7.5 now) sold it raw for a nice profit. You will find collectors who will not touch a pgx book, that's ok, less competition with auctions. I've also sold books in pgx cases if the grade is too generous imo, some people buy it for the grade. I try not to buy as many raw books, I do, but prefer graded (by anyone) | ||
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 PLOD
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theCapraAegagrus private msg quote post Address this user | |
Quote:Originally Posted by comic_book_man This was gonna be my #1 suggestion. |
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| Post 7 • IP flag post | ||
 I don't believe this....and I know you don't care that I don't believe this.
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GAC private msg quote post Address this user | |
Quote:Originally Posted by comic_book_man This is a great option...the only thing you need to consider is the possibility of some books coming back restored. Resto is a killer as we all know and PGX's track record for missing resto is well known. Otherwise, yes, best option IMO. |
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PLOD
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theCapraAegagrus private msg quote post Address this user | |
Quote:Originally Posted by GAC Spot-on. |
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| Post 9 • IP flag post | ||
 Collector
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Broker1 private msg quote post Address this user | |
| I would assume the actually CGC values once resubmitted to them would be less, so your $90 - $150 range will probably fall a bit, so realistically $40-$100. That being the case I would think about the money already paid to PGX and the money you're about to pay to CGC, on top of the time you'll waste, and figure out if it's really worth all the hassle. I too have a handful of books from PGX from the same time frame, and if I wanted to sell them I would just sell as is. If nothing else the case will protect the books during shipping! | ||
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Beaten by boat oars
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Studley_Dudley private msg quote post Address this user | |
Quote:Originally Posted by KatKomics It's possible that the notes could be generic but they seemed fairly accurate for me. These were the grader notes from PGX "multiple stress lines along spine, moderate cover/edge/spine wear, light browning cover/interior of cover, 2 tiny holes in spine, tiny water stain front cover". The CBCS grader notes state "tiny staple tears, spine wear & stress breaks color slight foxing, fingerprints & various light stains to cover edge wear & creasing some breaks color". This was for an X-Men #3. PGX graded it to 5.5, CBCS regraded to 5.0. A slight grade drop, but again, PGX's reputation precedes them, and it was priced well below the FMV at the time, so I gambled. Still, if I was looking to unload the books, unless I paid a dollar for each, then I would just sell them as is. I just wouldn't want more into them than I already had. List them at FMV but don't expect to sell for FMV. Good luck with whichever approach you take! |
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| Post 11 • IP flag post | ||
 I had no way of knowing that 9.8 graded copies signed by Adam Hughes weren't what you were looking for.
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drchaos private msg quote post Address this user | |
| I tend to avoid PGX slabs unless I get a really good deal. When I do get them I sell them in the slab as they are. |
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I hear their hourly rate is outrageous!
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sportshort private msg quote post Address this user | |
| @drchaos, why? unless they're the old PGX slabs the new ones look great and are way better than CGC's. I have bought some cheap and sold in their slabs and gotten good money for them as-is. | ||
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I had no way of knowing that 9.8 graded copies signed by Adam Hughes weren't what you were looking for.
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drchaos private msg quote post Address this user | |
Quote:Originally Posted by sportshort PGX has been caught self-dealing so there is a chance the grade is BS. With PGX you should always look very closely at the pictures. Even so, ebay's return policy applies to all slabs regardless of which company so buyer's can't return if they don't agree with the grade. Usually when I buy PGX it is an older book at a price almost too good to be true or some Zenescope girly book graded 9.8 or 9.9. |
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| Post 14 • IP flag post | ||
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I hear their hourly rate is outrageous!
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sportshort private msg quote post Address this user | |
| I have heard the rumors but have not seen proof but I've read the whole CGC firestorm that involved trimming and accusations flying even against Steve B. I'm not saying they're true gut there's plenty of dirt to go around. but what does that have to do with the price of tea in China? if the rumor (or fact) is true it can only make CBCS look better. Also why is CGC allowed, again, they seem like the bigger threat to CBCS. like you I shop PGX specifically for good deals. | ||
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I had no way of knowing that 9.8 graded copies signed by Adam Hughes weren't what you were looking for.
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drchaos private msg quote post Address this user | |
| I am not allowed to post pictures here but I just won a PGX 9.6 Batman the Dark Knight # 2. | ||
| Post 16 • IP flag post | ||
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I hear their hourly rate is outrageous!
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sportshort private msg quote post Address this user | |
Quote:Originally Posted by drchaos sweet! |
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PLOD
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theCapraAegagrus private msg quote post Address this user | |
Quote:Originally Posted by sportshort Lol no. |
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| Post 18 • IP flag post | ||
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I don't believe this....and I know you don't care that I don't believe this.
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GAC private msg quote post Address this user | |
Quote:Originally Posted by theCapraAegagrus I too am not a fan of PGX slabs, new or otherwise. I don't like their labels as well. That's being said, there is definitely a market for PGX, obviously. I think if one is careful, willing to gamble a little, willing to accept a possible negative outcome then maybe PGX is for you. Personally, I purchased only 2 PGX books in my life time and that was probably 8 years ago or so. Given that we have CGC and CBCS I see no need to buy PGX..others may differ in opinion. |
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| Post 19 • IP flag post | ||
 Collector
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Zipper private msg quote post Address this user | |
| Crack PGX and throw it in the recycle bin. This is not a credible grading company in my opinion. When I see a PGX slab, I have no confidence it is not tainted with trimming, resto or grossly over-graded. It's actually worse than raw because you need to crack it to inspect. I say this not as a CGC or CBCS "fan boy," but rather it is based on long history of questionable practices exposed by the community: * Evidence of insider grading, i.e., Terrance Leder PGX employee who also sold undisclosed trimmed books in PGX slabs (http://www.justafanboy.com/PGX/) * Overgrading of books sold by insiders, i.e., Terrance Leder (http://www.justafanboy.com/PGX/) * Authentication of many questionable signatures, e.g., many "Stan Lee and Steve Ditko" signed comics that independent signature experts consider to be obvious fakes (see numerous threads here and at CGC Boards) Granted, some honest submitters send to them and receive reasonably graded books, but how does the consumer know the difference between the tainted stock and legit submissions? But, they are cheap and fast and put a book in a piece of plastic with an official looking label... so people keep using them. Total amateur hour. SMH |
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| Post 20 • IP flag post | ||
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I don't believe this....and I know you don't care that I don't believe this.
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GAC private msg quote post Address this user | |
Quote:Originally Posted by Zipper This is absolute fact and the real reason one should avoid PGX |
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| Post 21 • IP flag post | ||
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Collector
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Zipper private msg quote post Address this user | |
Quote:Originally Posted by GAC Yep... the same people who buy an Invicta watch because "it's just like a Rolex."  There will always be a market for cheap and fast. As the old business saying goes: There is cost, speed and quality. You can have two, but not three. |
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| Post 22 • IP flag post | ||
 I've spent years perfecting my brand of assholery.
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DrWatson private msg quote post Address this user | |
Quote:Originally Posted by GAC The real reason one should avoid PGX is because they're crooks. |
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| Post 23 • IP flag post | ||
 We should have the forum rate our packages.
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HeinzDad private msg quote post Address this user | |
| I’m surprised this discussion hasn’t been shut down.. haha | ||
| Post 24 • IP flag post | ||
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I hear their hourly rate is outrageous!
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sportshort private msg quote post Address this user | |
Quote:Originally Posted by HeinzDad it's a friendly discussion, if you don't discuss you can't learn and ignorance reigns. |
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| Post 25 • IP flag post | ||
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I had no way of knowing that 9.8 graded copies signed by Adam Hughes weren't what you were looking for.
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drchaos private msg quote post Address this user | |
Quote:Originally Posted by HeinzDad As long as we do not post pictures we should be OK. I am pricing up some recent auction purchases and have a couple PGX books in the stack. Archie & Me # 77 PGX 9.2 Daredevil # 189 PGX 9.9 Felix the Cat # 107 PGX 9.2 Return to Wonderland # 1 PGX 9.6 The Daredevil book cost about twice as much as the average of the other three but all four should be fairly easy to flip. I think I would be very careful about spending more than $100 on a PGX slabbed book. |
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| Post 26 • IP flag post | ||
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We should have the forum rate our packages.
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HeinzDad private msg quote post Address this user | |
| Just don’t mention free hats also. No, in all seriousness I didn’t know a lot of the things mentioned. | ||
| Post 27 • IP flag post | ||
 Joined The Club
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Steverogers11 private msg quote post Address this user | |
| It would have to b a real real good deal to consider a pgx book. Hate the labels the slabs are strong and sturdy. I take it back I prob won’t buy a pgx slab | ||
| Post 28 • IP flag post | ||
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Collector
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Zipper private msg quote post Address this user | |
| I was burned with a trimmed Journey into Mystery 89 in a PGX Universal slab. I purchased the JIM before all the controversy started. This was back around 2003/2004. I was willing to give a new company a chance. I had it for a year or so and another collector questioned the right edge. I cracked it out of slab and sent to to a paper conservator for an independent check. It came backed "trimmed." I checked my Paypal records and sure enough... I bought it from a seller named Terrance Leder. The PGX slogan should be, "You feeling lucky?" |
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| Post 29 • IP flag post | ||
 Please continue to ignore anything I post.
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southerncross private msg quote post Address this user | |
I bought a pgx about a year ago from a comic book store. It was a punisher 1987 issue 2 graded 9.2 for $10 as a curio for myself just to have one. I probably paid too much  |
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