CGC prices increase, discounts for members/dealers reduced14436
 Ima gonna steal this and look for some occasion to use it!
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IronMan private msg quote post Address this user | |
| This topic is extremely active on the discussion board for CGC. Surprised not here yet... CGC has increased prices across the board. While the general grading prices have increased in the range of 10-17%, some add on fees have gone way higher. Chart below on grading increases. But the chart doesn't include the prescreen reject fee increasing from $5 to $8. Fast track is increasing from $10 to $15. At the same time, paid memberships receive no discount until the top membership (Elite) and it's 10%. Used to be 15%. The Premium membership loses it's 10% discount. Dealer accounts see discount reduced to 15% from 20% Shipping via FedEx and UPS also sees increases. percent increase varies by carrier and number of books. Opportunity for CBCS? And to be clear, the Value tier has been eliminated. Used to be $27   |
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 Can the moderators change my profile caption to <snip>
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ComicNinja0215 private msg quote post Address this user | |
| Check out the are you allowed to talk about cgc thread lol | ||
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 Beaten by boat oars
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Studley_Dudley private msg quote post Address this user | |
| Sounds like a perfect time not to renew the paid membership next month. I'll get my two reholders done then make a clean break. | ||
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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 Studley_Dudley Agreed...they won't miss my business as I don't submit to them too much but after this announcement I'll be exclusive to CBCS. |
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Can the moderators change my profile caption to <snip>
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ComicNinja0215 private msg quote post Address this user | |
| The books I have there now will be the last unless they make some miraculous happen | ||
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 Captain Corrector
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CaptainCanuck private msg quote post Address this user | |
| . The card grading companies jacked up their prices. It was only a matter of time until it trickled into comic grading. I am obviously not in favour of this, but I wouldn’t be surprised if CBCS is next. |
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 past performance is no guarantee of future actions.
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KatKomics private msg quote post Address this user | |
| Guess someone has to pay for the new facility and staff....would have thought all the books that necessitated the expansion would have paid for it without price increases....someone didn't crunch the numbers right. Would love to see what the corporate structure is like..would have to know this will drive a certain % to CBCS.....do they have an acceptable %?? Watch in July/Aug of next year..if too many people stop the subscription service they will have a "special" with lower rates for a limited time to lure some back. |
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Captain Corrector
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CaptainCanuck private msg quote post Address this user | |
| . This hobby is already getting uber expensive. These grading prices are just going to jack up prices in the secondary market as sellers transfer the costs on to the buyer. |
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Captain Corrector
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CaptainCanuck private msg quote post Address this user | |
| . I think my collection is going on pause. |
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 Collector
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mediaslave private msg quote post Address this user | |
Quote:Originally Posted by KatKomics |
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Can the moderators change my profile caption to <snip>
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ComicNinja0215 private msg quote post Address this user | |
| As crazy as this sounds, I'd pay the extra in a heartbeat for cbcs. | ||
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Captain Corrector
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CaptainCanuck private msg quote post Address this user | |
| . These mods crack me up   Take that, Geico gecko. |
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Can the moderators change my profile caption to <snip>
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ComicNinja0215 private msg quote post Address this user | |
@CaptainCanuck 🤣🤣🤣🤣🤟🤟 |
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Can the moderators change my profile caption to <snip>
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ComicNinja0215 private msg quote post Address this user | |
| I wanted to be the narwhal lol | ||
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Ima gonna steal this and look for some occasion to use it!
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IronMan private msg quote post Address this user | |
Quote:Originally Posted by KatKomics CGC has been in business for 21 years and has raised prices a number of times. Three or four times I can think of. CBCS has been in business seven years and raised prices once I believe. Price increases are too be expected. Never welcome, but expected. A 10% increase in the grading costs of a modern doesn't seem out of line. What is historically unprecedented with CGC's increases are the discount reductions. Never before has CGC reduced the grading discounts that paid memberships and dealer accounts received. The hired 70 new employees thing looks to be misleading. The exact quote is: "As part of the Certified Collectibles Group® (CCG®), we have initiated a massive hiring push that has resulted in over 70 new employees being added in the last three months," So has CGC added 70 new employees? Or is it that CCG - across it's SEVEN DIFFERENT companies - added 70 employees? The answer appears to be CCG has added 70 new employees. Worth keeping in mind is the Sports card grading company is brand new. They had ZERO staff grading sports cards a year ago. Zero staff grading Magic and Pokemon cards a year ago. So how many new staff are actually working at CGC involved in grading comics? The vast, overwhelming number of comics I submit for grading are my client's books. Not mine. I hope CBCS can hold the line on prices for a few years. I'd love to be able to explain to my clients that CBCS is faster, less expensive, their slab is at least as nice if not nicer and is making far fewer mistakes as far as encapsulation and shipping than CGC. |
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Captain Corrector
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CaptainCanuck private msg quote post Address this user | |
| @IronMan Quote: Originally Posted by IronMan I hear ya, but removing the Value tier is just dirty. Even though <$200 FMV isn’t really a thing these days |
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 I’m not an ant. I’m a rootin tootin Hornet!
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Zombie_Head private msg quote post Address this user | |
| CGC sucks. | ||
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 -Our Odin-Rest in Peace |
Jesse_O private msg quote post Address this user | |
| If CGC is not "receiving" orders for a month and the new pricing kicks in a week from now, are the people whose books actually arrived there last week going to be paying the new prices? | ||
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Captain Corrector
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CaptainCanuck private msg quote post Address this user | |
| @Jesse_O Bonne question, mon ami. |
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 COLLECTOR
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dielinfinite private msg quote post Address this user | |
Quote:Originally Posted by Jesse_O Per CGC’s announcement: Quote: Originally Posted by CGCAnnouncement |
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past performance is no guarantee of future actions.
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KatKomics private msg quote post Address this user | |
| Granted...increases do happen, especially when there are limited alternatives. Would just love some of these companies to be publicly traded so I could buy minimal stock to see their financials. I would assume that the expansion of facility and staff all made sense at the existing price and discount structure (i.e. cost of borrowing is X%, expansion will result in X% increase in business so X years to payback the amount needed for the expansion) like wise...need X# of books to pay for 1 new head count soooo expansion allows for X new headcount. Sure..costs also increase, corrugate, resin (to make slabs) etc...but a good business would have a procurement person (or team) to source new suppliers and play them off each other to keep prices low You might get screwed on the slab part...molds aren't cheap but get a few suppliers on board and you are set Kind of funny....resin prices had an increase because Texas decided to have a private company run utilities and then shockingly didn't do the required upgrades (that they knew about for decades!) and caused power outages when a cold snap hit....resulting in a reduction in output and an increase in prices!!! -thanks fellas!!! |
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 Collector
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SpiderTim private msg quote post Address this user | |
| @Jesse_O I bet they won't input books until next month! lol @IronMan I heard they dropped prescreen for moderns too! So you know if this is true? |
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Collector
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Rafel private msg quote post Address this user | |
| Before I started getting my comic books graded by CBCS, I checked out both companies (CGC and CBCS). After googling both it was CGC = NO and CBCS = YES. Then I talked to both tables at a comic con and I was didn't like what CGC had to say and CBCS table made me feel like I was apart of their family. Since 2014, I've never submitted anything nor will I to CGC and CBCS I've submitted over a 1,000 comic books with many more to submit. Thank you CBCS. | ||
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 I'd like to say I still turned out alright, but that would be a lie.
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flanders private msg quote post Address this user | |
Quote:Originally Posted by SpiderTim  I don't see anything about dropping the modern grade pre-screen, only an increase from $5 to $8. |
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I'd like to say I still turned out alright, but that would be a lie.
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flanders private msg quote post Address this user | |
Also, international shipping rates have become outrageous (I'm assuming they were much lower before) and you'll have to pay this much for a package that isn't even insured: How much is international return shipping at CBCS? |
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 Masculinity takes a holiday.
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EbayMafia private msg quote post Address this user | |
Quote:Originally Posted by Rafel It's becoming more and more apparent that CGC is for the Industry insiders and CBCS is for the rest of us. |
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 It's like the Roach Motel for comic collectors.
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chester15 private msg quote post Address this user | |
| following.... | ||
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Ima gonna steal this and look for some occasion to use it!
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IronMan private msg quote post Address this user | |
| @SpiderTim As Flanders notes, prescreen for grading of moderns is still available - at a substantial price increase for rejects. The confusion over if prescreen for grading was still available came from the fact that along with the price increases and changes announced for CGC grading there were also changes and price increases for CCS Pressing. Prescreen for PRESSING is being eliminated for modern tier. If you want prescreen for pressing you have to pick a higher priced tier. |
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 Collector
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monjoody private msg quote post Address this user | |
Quote:Originally Posted by KatKomics That works great on a good day, but in a pandemic where even all the factories are waiting on raw goods to make the resins, cardboard, etc.. it's very much a "take it or don't" approach right now. Negotiations and price-matching isn't happening as much as we'd like, because demand on suppliers is so high across the board. |
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