CGC raises prices16611
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Bronte private msg quote post Address this user | |
CGC Announces Updates to Services and Fees for 2022 | CGC https://cgccomics.us11.list-manage.com/track/click?u=7fdf5b45871a284d65d24d11a&id=baf48e7a2d&e=609ea80070 CGC Announces Updates to Services and Fees for 2022 Posted on 1/4/2022 The changes to CGC services and fees are effective January 18, 2022. Certified Guaranty Company® (CGC®) is updating its submission forms, fees and tier requirements for 2022. A full list of the changes for CGC submissions is below. The updates are effective January 18, 2022. The new fees will apply to all online submission forms completed on January 18, 2022, or later. Online submission forms completed before January 18, 2022, must arrive at CGC headquarters in Sarasota, Florida, by February 18, 2022, to qualify for the old pricing. The new CGC Signature Series and lobby card grading fees apply to all submissions delivered to CGC on January 18, 2022, or later. There are no changes to CCS services and fees and no changes to CGC Trading Cards grading services and fees. However, CGC Trading Cards is updating its return shipping fees for domestic USPS Registered Mail. For those updates, click here. CGC Comic Book Grading Tiers and Services Modern tier – fee changed to $24 Economy tier – fee changed to $35 Standard tier – fee changed to $80 Express tier – fee changed to $130 CGC Trading Cards Grading Tiers and Services No changes CGC Magazine Grading Tiers and Services Modern tier – fee changed to $32 Economy tier – fee changed to $42 Standard tier – fee changed to $85 WalkThrough tier – fee changed to 3% of Fair Market Value ($150 minimum) CGC Concert Poster Grading Tiers and Services Modern tier – tier discontinued Economy tier – fee changed to $42 Standard tier – fee changed to $85 Express tier – fee changed to $130 Handbills – Economy and Express tiers discontinued; fee changed to $35 for all handbill submissions CGC Lobby Card Grading Tiers and Services Grading – fee changed to $20 for all lobby card submissions ReHolder – fee changed to $13 Please note that the above CGC Lobby Card fees apply to all submissions delivered to CGC on January 18, 2022, or later. CGC Signature Series Comic Book Grading Tiers and Services Modern tier – fee changed to $39 Economy tier – fee changed to $50 Standard tier – fee changed to $95 Express tier – fee changed to $145 Please note that the above CGC Signature Series fees apply to all submissions delivered to CGC on January 18, 2022, or later. CGC Signature Series Magazine Grading Tiers and Services Modern tier – fee changed to $47 Economy tier – fee changed to $57 Standard tier – fee changed to $100 WalkThrough tier – fee changed to 3% Fair Market Value ($165 minimum) Please note that the above CGC Signature Series fees apply to all submissions delivered to CGC on January 18, 2022, or later. CGC Signature Series Concert Poster Grading Tiers and Services Modern tier – tier discontinued Economy tier – fee changed to $57 Standard tier – fee changed to $100 Express tier – fee changed to $145 Please note that the above CGC Signature Series fees apply to all submissions delivered to CGC on January 18, 2022, or later. CCS Services No changes Return Shipping Fees CGC has updated its return shipping fees for domestic USPS Registered Mail. There are no changes to FedEx return shipping fees. However, please note that CGC will no longer use UPS for return shipments unless the submitter has a UPS account. For more information about return shipments from CGC and to see all CGC return shipping fees, click here. Owner’s Declared Value $1-$500 $501- $1,000 $1,001- $5,000 $5,001- $10,000 $10,001- $15,000 $15,001- $25,000 $25,001- $50,000 $50,001- $100,000 1 book $35 $37 $42 $50 $57 $72 $87 $127 2 books $37 $38 $44 $52 $59 $74 $89 $129 3-5 books $41 $43 $49 $57 $65 $81 $95 $135 6-10 books $53 $55 $61 $69 $76 $92 $106 $146 11-15 books $61 $65 $70 $76 $84 $101 $114 $154 16-20 books $70 $72 $77 $84 $92 $108 $121 $161 21-25 books $77 $80 $84 $92 $99 $115 $127 $167 26-30 books $81 $86 $91 $97 $104 $121 $133 $173 For CGC Trading Cards USPS Registered Mail Rates for 2022, click here. Updated online submission forms and price sheets reflecting these changes will be available on January 18, 2022. Online submission forms completed before January 18, 2022, must arrive at CGC headquarters in Sarasota, Florida, by February 18, 2022, to qualify for the old pricing. CGC Collectors Society paid members can submit their collectibles directly to CGC. Not a CGC Collectors Society member? Paid memberships start at just $25/year. Join now! Any changes to international fees and forms will be announced separately. Articles List CGC Comics Facebook CGC Comics Twitter CGC Comics Instagram CGC Comics Youtube CGC Comics Linkedin CCS Pressing NGC Coin NCS Conservation PMG Notes CSG Cards ASG Stamps CGC Certified Collectibles Group Careers Terms of Use Terms Privacy Policy Contest Rules Advertise Contact © 2022 Certified Guaranty Company, LLC. United States United Kingdom Help |
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KatKomics private msg quote post Address this user | |
this is the 2nd time in less than a year yes? at some point CBCS will have to follow - they can raise prices and still be less than CGC- TAT's are crazy so it's not like submissions will slow down |
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Bronte private msg quote post Address this user | |
@KatKomics Yes 2x in less than a year seems kinda nuts, but I guess they have a strategy. Question is how will CBCS react? |
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Galen130 private msg quote post Address this user | |
Figures. I quit CGC, unlike quitting smoking. CGC can kiss my lily-white Irish butt...![]() |
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Chewy private msg quote post Address this user | |
Jay-Z got to make them dolla bills | ||
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flanders private msg quote post Address this user | |
CBCS should raise prices to account for inflation. If they need to raise them a bit more in order to offer higher wages to attract more potential employees, they should do that as well. | ||
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JustThatGuy private msg quote post Address this user | |
Didn’t these bit@$es raised the price in 2021? | ||
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Scifinator private msg quote post Address this user | |
Quote:Originally Posted by KatKomics @KatKomics - Yes it is the second price increase in less than 1 year. However, CBCS has also been issuing a stealth price increase by whittling down 20% submission discounts to 15%, then 12%, then 10%, 8%, 5% and now 0 discounts for the past few months. Additionally, CBCS also did increase pricing on 2-Day Modern and Fast Pass. @flanders - I am hoping that they hold off for at least another six months or so to garner more market share...and so I can get my next submission in. ![]() |
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OGJackster private msg quote post Address this user | |
I wonder if that price increase applies to invisible books? | ||
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Bronte private msg quote post Address this user | |
Well if CBCS can finally initiate "operation magazine slabs" and weather this huge influx , cbcs should look great as an alternative.... | ||
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andy49 private msg quote post Address this user | |
one year turnaround time and higher fees? sign me up! | ||
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beastboy1980 private msg quote post Address this user | |
not to start a war on cgc but to me this is such a disgrace and money grab. they raised prices already. and they are over the top on tots |
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JustThatGuy private msg quote post Address this user | |
@andy49 if you’re counting from the “received” date, then yes. If from “delivered” date, then it’s about 14-16 months. | ||
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beastboy1980 private msg quote post Address this user | |
thanks cgc all they just told me with this mission statement is to send more orders into CBCS | ||
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BrianGreensnips private msg quote post Address this user | |
Twice in one year is ridiculous. | ||
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beastboy1980 private msg quote post Address this user | |
Quote:Originally Posted by BrianGreensnips exactly this will bite them in the ass long term |
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beastboy1980 private msg quote post Address this user | |
cgc thinks they are bigger than the hobby itself. and this is not true |
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GAC private msg quote post Address this user | |
I say bring it on!! The more CGC increases their prices the more clients convert to CBCS. |
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KatKomics private msg quote post Address this user | |
Quote:Originally Posted by Scifinator that will be the balancing act - how long do you leave prices lower to garner a larger market share - theoretically it should be worth it but inflation, supply chain issues and just the need for more bodies will eventually necessitate some sort of increase (as you say though eliminating discounts and increase on 2day have already been done) Too bad - I have a few books needing verification and would love to see a promo but I think those days are long gone ![]() |
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power_struggle55 private msg quote post Address this user | |
werent they already expensive? I remember going to a convention and going to them first to do a submission. it was signed and they didnt need to authenticate without affecting grade but price was so much. I think the cost of a grade after shipping was the cost of cbcs grading, authenticating all 3 signatures and shipping (and much less for a non signed) | ||
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Scifinator private msg quote post Address this user | |
Quote:Originally Posted by KatKomics @KatKomics - So true, but I am in favor of their current balancing strategy. By ratcheting down their discounts, they have in essence phased in a 20% price increase over the past year and a quarter without the sticker shock. All the while garnering record breaking levels of submissions each month. I too have some VSP ready comics that I have been holding. I suspect that the next discount we see may be the VSP variety. That is just a guess, I have no inside information of such. |
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IronMan private msg quote post Address this user | |
In the past CGC price increases have been years apart. This comes nine months after the last one. I guess we see Blackstone's strategy in play as far as buying the company. I would not be surprised if CBCS doesn't implement some price increases, but I rather hope that they take a longer term view and leave prices as is for a time. The difference in price is pretty large now and this gives CBCS a great opportunity to increase their market share. Market share matters. IMHO, all that holds CBCS back is seeing a lot more CBCS graded books for sale. The product - the graded books - are at least just as good and arguably better. |
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etapi65 private msg quote post Address this user | |
$39 for signed comic? Ouch. Once you add shipping, that's going to have to be one he'll of a book and sig. I can get VSP through cbcs cheaper (assuming 1 sig) | ||
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beastboy1980 private msg quote post Address this user | |
Quote:Originally Posted by etapi65 what is the VSP ? |
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Studley_Dudley private msg quote post Address this user | |
Meanwhile in Sarasota...![]() |
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Studley_Dudley private msg quote post Address this user | |
In all seriousness, I would expect the Dallas crew to raise at some point. Material shortages will result in price increases. Just a matter of time. | ||
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power_struggle55 private msg quote post Address this user | |
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power_struggle55 private msg quote post Address this user | |
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00slim private msg quote post Address this user | |
See, I was hoping this was simply a reminder e-mail about the price increase going into effect. The fact that it’s an additional increase is concerning. I understand that inflation is very real and occasionally, prices have to go up. But when it’s on the heels of a previous increase? This sounds like greed, plain and simple. After this, I hope that enough longtime CGC advocates jump ship to make a noticeable drop in submissions. It’s the only CGC will take notice and reconsider things. CBCS will certainly be getting more of my business and I’m going to have to reconsider renewing my CGC membership for next year. |
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Byrdibyrd private msg quote post Address this user | |
The previous price increase was NOT met with smiles and open arms, so what the H*## is this? If CBCS can start whittling down the TATs (not eliminating them; just start letting folks see a little progress), I think they'll wind up with a healthy chunk of CGC's clientele. | ||
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