CGC raises prices16611
 Beaten by boat oars
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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. | ||
| Post 26 • IP flag post | ||
 I don't want to brag, but cashiers are always checking me out.
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power_struggle55 private msg quote post Address this user | |
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I don't want to brag, but cashiers are always checking me out.
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power_struggle55 private msg quote post Address this user | |
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| Post 28 • IP flag post | ||
 I’m Kinda Married To A Celebrity.
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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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| Post 29 • IP flag post | ||
 Where's his Bat-package?
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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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I don't want to brag, but cashiers are always checking me out.
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power_struggle55 private msg quote post Address this user | |
| I mean I get it. they were the standard when it came to comic grading. times change, comics are becoming more valuable and collectible. but when there are 2 other companies offering same service. soon a fancy label and reputation wont be enough if they are expensive and quality is the same if not better with others | ||
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HAmistoso private msg quote post Address this user | |
Maybe they think everyone is hypnotized and won't notice? Lords of the Rings! |
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| Post 32 • IP flag post | ||
 past performance is no guarantee of future actions.
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KatKomics private msg quote post Address this user | |
Quote:Originally Posted by beastboy1980 VSP is a verified service CBCS offers through XXX??? Say you got a book singed 15yrs ago and no grading company was around - send it in an they can say that the signature is likely real and give you a verified label For I think $10 you can send a picture from a listing of an item you are interested in buying - apparently they get back in 48hrs? and indicate if it is likely a real sig or not |
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| Post 33 • IP flag post | ||
 Captain Accident
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the420bandito private msg quote post Address this user | |
| Maybe they are trying force customers to be more selective with what they send in and trim down the backlog that way? Based on cost alone I am extremely picky about what I get slabbed. I can only imagine the mountain of drek sitting in their vault waiting half a year to be graded right now. |
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| Post 34 • IP flag post | ||
 Collector
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poka private msg quote post Address this user | |
| and we still haven't seen a reduction in TAT from the last increase | ||
| Post 35 • IP flag post | ||
 Hello, my name is Stu and I'm a shill.
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HexView private msg quote post Address this user | |
Quote:Originally Posted by power_struggle55Does this include what the artists charged for the sigs? That's usually where the expense is and is not something CGC has control over. |
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| Post 36 • IP flag post | ||
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Hello, my name is Stu and I'm a shill.
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HexView private msg quote post Address this user | |
Quote:Originally Posted by the420bandito Bingo! Stupid noobs send in drek because "it looks cool in a slab". Price those dummies out! |
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| Post 37 • IP flag post | ||
 Collector
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doog private msg quote post Address this user | |
| Many think comics are in a bubble (not me). This just forces existing graded books up in value, in most cases. (Not PGX cases) | ||
| Post 38 • IP flag post | ||
 Masculinity takes a holiday.
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EbayMafia private msg quote post Address this user | |
Quote:Originally Posted by the420bandito I think people don't understand the importance of this. In my work I have to turn away a lot of business because it just doesn't have enough value to justify adding it to my backlog. Time is important. At some point TAT's get long enough that low prices become less relevant. I don't want to fill my backlog with jobs that are barely profitable and then lose the high profit jobs because of the long backlog. That's not good business. Right now CBCS could run a 50% off promotion and it wouldn't motivate me to send anything in for an 8 month excursion. With TAT's at 8 months the only things I'm sending in are books that are worth enough for me to pay to cut in line. |
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| Post 39 • 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 | |
| The demand for grading services is so great that it can withstand price increases. I don't think for one second that CGC is doing this for any other reason than to make even more money. |
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| Post 40 • IP flag post | ||
 I called CGC about the giveback benefit.
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beastboy1980 private msg quote post Address this user | |
| in the long run its my mind cbcs and the other grading service will only increase in comics and into the market share. Which in turn will cut into cgcs big market pool. will this hurt cgc , i say yes in long term big picture. cgc will lose sales alone just for the price hike and bad tots. even the raw comic market will increase in price value. cgc to me is thinking out of pure greed right now. no matter how big they think they are if they get there sales hurt for the year they will feel it. nothing last forever |
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| Post 41 • IP flag post | ||
 Collector
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50AE_DE private msg quote post Address this user | |
Quote:Originally Posted by the420bandito I agree that this could be a strategy to force people to be more selective in what they send to CGC. While it'll hurt business initially, I think it may actually help the brand since worthless drek will be sent to their competition. |
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| Post 42 • IP flag post | ||
 Have I told you about the time I dropped off 3,000 comics at SDCC?
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Scifinator private msg quote post Address this user | |
Quote:Originally Posted by EbayMafia @EbayMafia - For 50% off from CBCS, I would submit in a heartbeat. But, I get your point. Again, for the wider acceptance and promotion of the CBCS Brand, they need the balancing act. Garner more market share but maximize profit and contain costs while simultaneously attempting to reduce the TAT's. But they have indeed implemented a 20% Stealth price increase with no discounts being offered. That has not been enough to stem the tide of monthly record breaking submissions. And, as I have a mixed submission of 1-Day, Rapid, & Quickstream that is now a few weeks past the 12 week Estimated TAT (8wk Press + 4wk Grade), I suspect that they are still seeing record submissions of the higher Tiers. Ultimately, that is a good thing for CBCS and those of us who are not just encasing our permanent collections, but also have intentions to sell some of there encased/certified comics. Bottom lines are: Long TAT's suck. Price increases suck more. Price increases and longer TAT's suck the most unless you have completely encases 100% of your collection. Hopefully CBCS can walk the tightrope to suck and end up being the new standard bearer. |
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| Post 43 • IP flag post | ||
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I called CGC about the giveback benefit.
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beastboy1980 private msg quote post Address this user | |
| they are raising prices 2 times in less than a year inflation is high they are not offering any better turn around times or times that are even remote on time its still a pandemic cgc is not making a wise move here |
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| Post 44 • IP flag post | ||
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I called CGC about the giveback benefit.
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beastboy1980 private msg quote post Address this user | |
| people vote with there wallet what is the benefit of this price hike to the customer they cant even offer solid tots so lets make them pay more and get even less back in return |
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| Post 45 • IP flag post | ||
 -Our Odin-Rest in Peace |
Jesse_O private msg quote post Address this user | |
Updated version .... |
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| Post 46 • IP flag post | ||
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Have I told you about the time I dropped off 3,000 comics at SDCC?
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Scifinator private msg quote post Address this user | |
Quote:Originally Posted by beastboy1980 @beastboy1980 - Agreed. cgc should not have any tots, good or bad, in the grading room. |
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Captain Accident
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the420bandito private msg quote post Address this user | |
| As much as I hate to say it this is not going to hurt them. This is a calculated move. Blackrock ? or whoever did their homework. The Promise Collection just blew minds at Heritage was entirely CGC graded. All the record sales making headlines via big time sellers like Metro were CGC graded ( I am thinking recently those high grade Hulk 1, Superman #1 , etc..) That Ted Dibiase thing was spot on | ||
| Post 48 • IP flag post | ||
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past performance is no guarantee of future actions.
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KatKomics private msg quote post Address this user | |
Quote:Originally Posted by the420bandito Need the publishing companies to stop making drek....how about only 1 variant cover allowed??? |
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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 That's just crazy talk! |
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| Post 50 • IP flag post | ||
 Collector
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sckao private msg quote post Address this user | |
| There are a couple of ways to look at this. If you're slabbing for your personal collection and you have no interest in the marketplace, then the cost of slabbing actually doesn't factor that much into it unless it exceeds some pre-conceived maximum ceiling in your own mind. If you're slabbing with an eye on the marketplace, then profit and timing is an issue. If the value cut-off for a 9.8 is then $100, then the cost of a slab with all its associated fees must be low enough for the submitter to make that submission. That increase in pricing only really affects the marginally profitable books in my opinion. For the books that will sell for 10X that price, the increase is negligible Maybe the value cut-off rises from $80 to $100 for some people... or $100 to $150 then. |
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| Post 51 • IP flag post | ||
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I called CGC about the giveback benefit.
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beastboy1980 private msg quote post Address this user | |
Quote:Originally Posted by the420bandito true i wonder with the price of inflation and the covid and just the cost of everything rising. to me these auctions are for the most part private. i wonder if the sale is real. it could be the perfect window display for cgc to endorse the service. |
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| Post 52 • IP flag post | ||
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I called CGC about the giveback benefit.
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beastboy1980 private msg quote post Address this user | |
| if i had 3 million to invest in it would not be in these times on a comic book it would be in real estate , not saying the sale is not real |
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| Post 53 • IP flag post | ||
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I called CGC about the giveback benefit.
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beastboy1980 private msg quote post Address this user | |
| cgc to me is now operating on a gorden gecko type of level. lets try and squeeze every dollar out of the paying public and offer zero back in service. it really reeks on so many levels |
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| Post 54 • IP flag post | ||
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I don't want to brag, but cashiers are always checking me out.
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power_struggle55 private msg quote post Address this user | |
Quote:Originally Posted by beastboy1980 great anology. cbcs might be slow and lousy costumer service at times but at least they are cheap. as I stated for the price of one comic graded with cbcs....you can get same comic, and 3 signatures authenticated (maybe not so much with increase) |
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