CGC prices increase, discounts for members/dealers reduced14436
 PLOD
|
theCapraAegagrus private msg quote post Address this user | |
Quote:Originally Posted by Scifinator Well, that's good to hear. I won't pretend that I search for slabbed comics all of the time. Hel, my encapsulated collection is < 50 books. Now that we're discussing it, I would like to find (or maybe even submit) some of those Justice League #59 Variants... |
||
| Post 126 • IP flag post | ||
On the other hand, I have about 1,000 that are part of my permanent collection and hopefully those won't be sold for at least another 50 years, so i definitely see your point. 
 I'm waiting.... (tapping fingers).Splotches is gettin old! |
Nuffsaid111 private msg quote post Address this user | |
Quote:Originally Posted by EbayMafia This is true and is indicative of human weakness of impulse buying - which of course us sellers bank on.  |
||
| Post 127 • IP flag post | ||
 Beaten by boat oars
|
Studley_Dudley private msg quote post Address this user | |
Quote:Originally Posted by poka Same. It's not a hard concept to not rip myself off. I also don't do auctions, so everything is a BIN and some have best offers. |
||
| Post 128 • IP flag post | ||
|
Beaten by boat oars
|
Studley_Dudley private msg quote post Address this user | |
| @IronMan the joke was about the banner ads, but the thread was removed last night when I went to read it. I can see that it is back up now so I'm thinking the same that the mods cleaned it up some. I'm not skilled enough to make fake screenshots. | ||
| Post 129 • IP flag post | ||
 To answer your question, no, this is not where the comics go to die.
|
MutantMania private msg quote post Address this user | |
| @chester15 thanks for the info. Yeah I guess I just don't submit enough to justify spending the $299. You get $150 credit, 10% off grading (which I used to get on the premium), and $149 of smoke blown up your ass! Also, now there is basically no benefit to get the "premium" membership either. It's pretty much the same as the associate one...lol. |
||
| Post 130 • IP flag post | ||
 Can the moderators change my profile caption to <snip>
|
ComicNinja0215 private msg quote post Address this user | |
| Yeah I cant justify that either . I also really hate that you have to pay to submit books direct......what a bunch of crooks. | ||
| Post 131 • IP flag post | ||
 I don't believe this....and I know you don't care that I don't believe this.
|
GAC private msg quote post Address this user | |
Quote:Originally Posted by Studley_Dudley Oh, there was definitely a hullabaloo here about CBCS having ads on the website by certain folks, no doubt about that! |
||
| Post 132 • IP flag post | ||
 It's like the Roach Motel for comic collectors.
|
chester15 private msg quote post Address this user | |
Quote:Originally Posted by MutantMania Yes, the dynamics of the memberships are radically different now. With the Associate level, you are out $25, no financial benefits really. The Premium nets out to be free membership, as long as you can spend your $150 credit. The Elite leaves you $149 out of pocket after you use the credit, but you continue to save on subsequent orders. You have to spend another $1500 in grading fees to save the $150 "investment" that you have hanging. Some people spend that in a month, others not so much. |
||
| Post 133 • IP flag post | ||
|
It's like the Roach Motel for comic collectors.
|
chester15 private msg quote post Address this user | |
Quote:Originally Posted by Comicninja0215 Doesn't everyone pay to submit books directly, at either company? I must have missed your meaning. |
||
| Post 134 • IP flag post | ||
|
Beaten by boat oars
|
Studley_Dudley private msg quote post Address this user | |
Quote:Originally Posted by chester15 Direct submission privileges at CGC only come with a paid membership whereas one can submit direct to CBCS without a paid membership. |
||
| Post 135 • IP flag post | ||
|
It's like the Roach Motel for comic collectors.
|
chester15 private msg quote post Address this user | |
Quote:Originally Posted by Studley_Dudley Oh, yeah. That slipped right by me. |
||
| Post 136 • IP flag post | ||
|
Can the moderators change my profile caption to <snip>
|
ComicNinja0215 private msg quote post Address this user | |
@Studley_Dudley thanks!  You can drop off books at conventions without a membership for cgc but if you want to send them to house you gotta pay up. |
||
| Post 137 • IP flag post | ||
 Ima gonna steal this and look for some occasion to use it!
|
IronMan private msg quote post Address this user | |
Quote:Originally Posted by chester15 The math above is spot on. If you send CGC submissions worth $1500 over a year, you break even with an Elite membership. More than that you are saving money. But we should not lose sight of the fact that CGC has cut the discounts for collector society memberships. 5% for associate to zero. 10% for premium to zero. 15% for elite has dropped to 10%. If the discount had stayed at 15%, a premium membership would recover its cost premium at $1000 in submissions. Now it's $1500. It's the removal and reduction of dealer/member account discounts that leaves me salty. Price increases I get. But these are CGC's BEST CUSTOMERS. And many have been so for decades. Sending a LOT of books. Basically it feels like CGC is saying "yeah, we got us thousands of newbs sending in tens of thousands of books every week now. Appreciate your being with us in the past, but you are gonna have to take a haircut now". Finally, discount reductions are just thinly disguised price hikes. It's sleight of hand. Look! It's only a $2 increase in moderns. 10%. Except combined with a reduction in discounts - like say dealer going from 20% to 15% - the price increase is 17%. And if you want your books back in a reasonable length of time and fast track, that price increase/discount reduction works out to 32% more. If you were using Value Fast track, the combined discount reductions price value tier eliminated move to economy price increase is 38%. |
||
| Post 138 • IP flag post | ||
 Collector
|
poka private msg quote post Address this user | |
After CGC combined Economy and value tier TAT is now 8 months without fp  |
||
| Post 139 • IP flag post | ||
 Masculinity takes a holiday.
|
EbayMafia private msg quote post Address this user | |
Quote:Originally Posted by poka That's perfect. I can sell my comics now and buy them back in February at half price. Can you imagine the sheer volume of CGC slabs that will be returning to people starting around November? Right when it starts to dawn on us little guys that we will not be selling through online platforms after December. |
||
| Post 140 • IP flag post | ||
 I've spent years perfecting my brand of assholery.
|
DrWatson private msg quote post Address this user | |
Quote:Originally Posted by EbayMafia The glut is coming... |
||
| Post 141 • IP flag post | ||
|
I've spent years perfecting my brand of assholery.
|
DrWatson private msg quote post Address this user | |
Quote:Originally Posted by IronMan I wish I could give this post a hundred million checks. |
||
| Post 142 • IP flag post | ||
 Secret Moderator
|
MatterEaterLad private msg quote post Address this user | |
| I just saw that Red Hood Comics is going with CBCS exclusively. As a dealer, he posted that he spent almost $40k on grading last year, but he's done with CGC. Cutting dealer discounts, having to pay for graders notes, inconsistent grading, and the worst turnaround time in the industry were his stated reasons. The times they are a changing. |
||
| Post 143 • IP flag post | ||
|
I don't believe this....and I know you don't care that I don't believe this.
|
GAC private msg quote post Address this user | |
| It seems like CGC is shooting themselves in the foot. I envision that if they financially recognize any sort of consumer backlash...this will be reversed. | ||
| Post 144 • IP flag post | ||
|
Masculinity takes a holiday.
|
EbayMafia private msg quote post Address this user | |
Quote:Originally Posted by MatterEaterLad Yep. 2021 will be the year for CBCS, registry or no. Just their reward for surviving this long. I learned that as a salesman, just stick at something long enough and eventually you'll get rewarded for it. But don't be surprised if in 3 months we see CBCS going through some very similar growing pains. It's really hard to absorb 50-60% growth. |
||
| Post 145 • IP flag post | ||
|
Masculinity takes a holiday.
|
EbayMafia private msg quote post Address this user | |
| After I heard about the CGC issues I hustled and put together about 75 books for submission to CBCS. We may feel all safe over here at CBCS with 12 week TAT's...like we have some kind of port in a storm. But I'm pretty sure our little port is going to be over-run with CGC refugees in the next 90 days. I was already starting to get that sense a couple months ago from the CGC boardies that are migrating over here. I wanted to get ahead of the big rush that I think is coming. Kind of my version of hoarding toilet paper I guess. |
||
| Post 146 • IP flag post | ||
 I’m not an ant. I’m a rootin tootin Hornet!
|
Zombie_Head private msg quote post Address this user | |
| Yea people are pissed at cgc CBCS should be booming. CBCS is better hands down and they will soon see. | ||
| Post 147 • IP flag post | ||
|
To answer your question, no, this is not where the comics go to die.
|
MutantMania private msg quote post Address this user | |
| I will not be renewing my membership but I don't see anywhere for a 8 month tat. The last batch of books I sent in (all modern) received on 5/3 are already scheduled for grading. | ||
| Post 148 • IP flag post | ||
|
Collector
|
poka private msg quote post Address this user | |
Quote:Originally Posted by MutantMania 8 months is for the new combined tier of economy and value Modern book TAT is 4 months Btw - I have had books scheduled for grading since March - so don't give too much to that books jump directly to scheduled for grading upon receipt |
||
| Post 149 • IP flag post | ||
|
To answer your question, no, this is not where the comics go to die.
|
MutantMania private msg quote post Address this user | |
Quote:Originally Posted by poka Ok that is the new and improved membership  Mine still shows 64 days for modern. Hopefully that is what they will go by |
||
| Post 150 • IP flag post | ||
|
Collector
|
poka private msg quote post Address this user | |
Quote:Originally Posted by MutantMania 64 days = 3 months CGC has only approx 20 days per month. The 4th month is the time it takes for CGC to open the box |
||
| Post 151 • IP flag post | ||
 Collector
|
mediaslave private msg quote post Address this user | |
| The fact that CGC raised their prices was fine. The way they did it sucked. Should have given 30 days to submit under the old pricing, and IMO should not have cut the dealer's discount. I completely understand why they did it though, and fully expect CBCS to do the same. Even ignoring the new staff and building for CGC, cardboard, plastic and shipping costs are up quite a bit. Can't expect a company to just absorb that and giggle. CBCS is feeling that hit just like every other company out there. I deal a lot with mountain bike stuff, and pricing is up across the board, and TATs for something as simple as a saddle is now 300 days. That makes the whining about CGCs TAT even funnier. Worse when you see people whining about not getting their book back for 60 days, and that same book has been in a shortbox for 20 years lol Despite this, I seriously don't expect to see much of a change in market share. Might see some guys trying out CBCS, but as soon as the word is out that CGCs TATs are down, they'll likely go back. I've asked a few dealers I know if they were considering it, and not one is even entertaining the idea. Red Hood might, but 40k ain't much to be honest, not compared to some of the monsters out there. And when Red Hoods grading demands drop because their customers want something else... It's also funny reading stories complaining about TATs on a CBCS forum, when CBCS had TATs of 9+ MONTHS when they moved...  |
||
| Post 152 • IP flag post | ||
 "Forum Overlord" bah ha ha ha...
|
JustThatGuy private msg quote post Address this user | |
| Does anyone know what new lube CGC is using? Asking for a friend. | ||
| Post 153 • IP flag post | ||
|
I've spent years perfecting my brand of assholery.
|
DrWatson private msg quote post Address this user | |
Quote:Originally Posted by JustThatGuy Spit. Do you honestly think the cgc would pop for lube? |
||
| Post 154 • IP flag post | ||
|
I’m not an ant. I’m a rootin tootin Hornet!
|
Zombie_Head private msg quote post Address this user | |
| I’ve see a lot of creators leaving CGC and applying with CBCS tired of the crappy service. All the comic stores around here are flipping to CBCS. I think this is going to be a new norm for both companies. CGC lacking in every way. CBCS surpassing CGC in every way. |
||
| Post 155 • IP flag post | ||
Thread locked. No more posts permitted. Return home.