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Yeah...Keep buying pgx books....DOH!17047

Captain Accident the420bandito private msg quote post Address this user
Lol PGX grades like I do...not very well.
Post 26 IP   flag post
Collector poka private msg quote post Address this user
@sborock to be fair - this from the period (2013) where I would not buy from as there are so many cases of restored books not being identified. I do feel though that they have upped their game in last couple of years
Post 27 IP   flag post
Masculinity takes a holiday. EbayMafia private msg quote post Address this user
Quote:
Originally Posted by poka
@sborock to be fair - this from the period (2013) where I would not buy from as there are so many cases of restored books not being identified. I do feel though that they have upped their game in past couple of years


@poka In the years before CBCS I used PGX quite a bit as an alternative to CGC. But I got a bad feeling about their integrity, probably around the 2012 period that you mention. I will buy some PGX slabbed books from their earliest years but I would never submit now based on the tarnished reputation. A couple of sincere questions: would you say that their rough period was a result of corruption...or just ineptness? Also, what has changed internally there to help restore your confidence? Is there a different head grader? Different ownership?
Post 28 IP   flag post
Collector poka private msg quote post Address this user
Quote:
Originally Posted by EbayMafia
Quote:
Originally Posted by poka
@sborock to be fair - this from the period (2013) where I would not buy from as there are so many cases of restored books not being identified. I do feel though that they have upped their game in past couple of years


@poka In the years before CBCS I used PGX quite a bit as an alternative to CGC. But I got a bad feeling about their integrity, probably around the 2012 period that you mention. I will buy some PGX slabbed books from their earliest years but I would never submit now based on the tarnished reputation. A couple of sincere questions: would you say that their rough period was a result of corruption...or just ineptness? Also, what has changed internally there to help restore your confidence? Is there a different head grader? Different ownership?


Honestly - I don't know - there are plenty of stories on the web that certain people were able to submit restored books and get them graded without the restoration was disclosed.

I have never submitted to PGX but I do find that the grades from the last couple of years are a lot closer to CGC/CBCS than it used to be and I don't hear the same horror stories about restorations either.

Would I submit to PGX - no
would I buy PGX - yes if from recent years and at a 1-2 grade discount
Post 29 IP   flag post
Collector Happyfacecomics private msg quote post Address this user
Wow- do I get to ship my slab back for two obvious errors?

Marvel Premiere ##15

and no 1St Appearance information?

What do you guys think ?


slab[img]https://e3effa51eee72fd900e3-2fb779bd12ec72d4612275342f2c9187.ssl.cf1.rackcdn.com/a1e35db338937f51150b7feecd7b5e8c.png[/img
Post 30 IP   flag post


Collector poka private msg quote post Address this user
Quote:
Originally Posted by Happyfacecomics
https://e3effa51eee72fd900e3-2fb779bd12ec72d4612275342f2c9187.ssl.cf1.rackcdn.com/a1e35db338937f51150b7feecd7b5e8c.png


If you feel it is important - then yes - should reach out

personally - don't see it as a big deal -so probably wouldn't
Post 31 IP   flag post
I showed my wife and she was so happy for me she started to cry. Batman66 private msg quote post Address this user

i bought the bone 1 in a pgx 6.0, seller on eBay had it listed for 1,000 obo. I offered 600 and was accepted. Cleaned and pressed came back a 9.0. Last 9.0 just sold for 4900. I've done very well with pgx books because most shy away. Just have to do your due diligence
Post 32 IP   flag post
" . " Davethebrave private msg quote post Address this user
@Batman66 this makes sense. There is a risk but also a reward. Same with buying raw books.

There is a “signaling” issue with someone using PGX but it likely depends on when the original encapsulation was done.

If from recent years there may be an even greater concern that PGX is selected because someone has known restoration (and they are looking for the more lax check). Given the widening market value gap between CGC/CBCS vs PGX and the $ amounts involved, for bigger $ books it is usually irrational to choose PGX. So a red flag on intent.

So I would be more inclined to buy PGX encapsulated pre-2012/13.
Post 33 IP   flag post
Masculinity takes a holiday. EbayMafia private msg quote post Address this user
Quote:
Originally Posted by Davethebrave
There is a “signaling” issue with someone using PGX but it likely depends on when the original encapsulation was done.


Signaling is a good word for it. If I see a dealer that has multiple PGX books, it signals to me that he is just following the path of least resistance to getting the highest grade.
Post 34 IP   flag post
Collector poka private msg quote post Address this user
Quote:
Originally Posted by Davethebrave
@Batman66 this makes sense. There is a risk but also a reward. Same with buying raw books.

There is a “signaling” issue with someone using PGX but it likely depends on when the original encapsulation was done.

If from recent years there may be an even greater concern that PGX is selected because someone has known restoration (and they are looking for the more lax check). Given the widening market value gap between CGC/CBCS vs PGX and the $ amounts involved, for bigger $ books it is usually irrational to choose PGX. So a red flag on intent.

So I would be more inclined to buy PGX encapsulated pre-2012/13.


so you have the experience that pgx is now more lax than before?
Post 35 IP   flag post
" . " Davethebrave private msg quote post Address this user
@poka not needed - all we need to know is the dollars at stake on average have gone up and the absolute dollar difference has gone up too.

This makes it less logical to try and save money on grading or be less selective for major books. So, it makes it more likely that those who choose to grade $$$ books with PGX have ulterior motives. The biggest gap is not just grade (some of which is apparent) but restoration status - in particular for online purchases.
Post 36 IP   flag post
" . " Davethebrave private msg quote post Address this user
Put more simply, PGX reputation has declined. Discovery and sharing of issues (incorrect certifications, restoration not caught, overgrading) all increased thanks to social media. Compounded by a highly reputable CBCS coming on in 2014 with excellent cred thanks to Steve.

So, with all these knowns today and worse market value, why does someone choose PGX to grade a high dollar book?

Was the rep as bad in 2007 or the differences as stark? Of course not. 2009? Nope… but over time the difference, and more importantly the perceived difference, has become more and more known.

Final point - even if their standards have improved, what year do we draw the line? Everyone can miss restoration… so if they get disproportionately more restored subs (based on my points above) there will be a higher percentage of total PGX slabs with missed resto checks.

It is a numbers and intent game. For me at FMV it has to be CGC or CBCS, then raw, then PGX. Exceptions exist and for raw some similar questions can arise… so value wise PGX sits at raw. It becomes a risk/reward assessment. Mostly “buying the seller.”
Post 37 IP   flag post
We should have the forum rate our packages. HeinzDad private msg quote post Address this user
My only experience with PGX is cracking some of their cases to get the books in a new one. In doing so I noticed how much the plastic had discolored or “yellowed”.
Post 38 IP   flag post
Masculinity takes a holiday. EbayMafia private msg quote post Address this user
Quote:
Originally Posted by Davethebrave
This makes it less logical to try and save money on grading or be less selective for major books. So, it makes it more likely that those who choose to grade $$$ books with PGX have ulterior motives. The biggest gap is not just grade (some of which is apparent) but restoration status - in particular for online purchases.


Exactly. As time went on, the legitimate reasons for using PGX shrank to near zero while the nefarious reasons for using them increased.
Along those same lines but not specific to date: Regarding signature verification, awareness has grown about the online "pre-qualification" option offered by Beckett. So if you find a high dollar signature in a PGX slab, there's a decent chance that someone has already put it through the pre-qualification process. I don't have a statistic, but it must be much higher than 8-10 years ago. So as time goes by, it becomes statistically less and less likely that a high dollar signature in a PGX slab will be able to be verified. Simply based on the idea that more and more of the ones that can be verified will have migrated into CBCS slabs. Leaving behind a somewhat self-selecting population.
Post 39 IP   flag post
Collector poka private msg quote post Address this user
Quote:
Originally Posted by Davethebrave
Put more simply, PGX reputation has declined. Discovery and sharing of issues (incorrect certifications, restoration not caught, overgrading) all increased thanks to social media. Compounded by a highly reputable CBCS coming on in 2014 with excellent cred thanks to Steve.

So, with all these knowns today and worse market value, why does someone choose PGX to grade a high dollar book?

Was the rep as bad in 2007 or the differences as stark? Of course not. 2009? Nope… but over time the difference, and more importantly the perceived difference, has become more and more known.

Final point - even if their standards have improved, what year do we draw the line? Everyone can miss restoration… so if they get disproportionately more restored subs (based on my points above) there will be a higher percentage of total PGX slabs with missed resto checks.

It is a numbers and intent game. For me at FMV it has to be CGC or CBCS, then raw, then PGX. Exceptions exist and for raw some similar questions can arise… so value wise PGX sits at raw. It becomes a risk/reward assessment. Mostly “buying the seller.”


Well - in my book PGX’s reputation is on the rise with more consistent grades and now w9th Rob Pillbury being part of PGX. We made so much fun with PGX when the pizza guys took over - but it actually seems to have been the turning point
Post 40 IP   flag post
I have a problem with fattening women up. Bronte private msg quote post Address this user
This is from Rob Pillsbury linked in profile. I'm surprised at how modest he is about his abilities....



Post 41 IP   flag post
You can't get good wood on the ball every time. HotKeyComics private msg quote post Address this user


He's also #1 most modest in the world I bet!
Post 42 IP   flag post
Where's his Bat-package? Byrdibyrd private msg quote post Address this user
@Bronte Uuuh... Even as an egocentric toddler I don't think I was as arrogant as this clown.
Post 43 IP   flag post
I have a problem with fattening women up. Bronte private msg quote post Address this user
As a toddler you had an excuse. This guy is a grown adult....
Post 44 IP   flag post
Masculinity takes a holiday. EbayMafia private msg quote post Address this user
"I never had a plan for my life, but God did." Oh boy. I am the bestestest comic book dude in the world...God has ordained it.
Post 45 IP   flag post
Collector poka private msg quote post Address this user
don’t know him and don’t know whether he is a clown - as long as he can grade accurately - i don’t really care

pizza boys 4ever
Post 46 IP   flag post
Where's his Bat-package? Byrdibyrd private msg quote post Address this user
Quote:
Originally Posted by EbayMafia
"I never had a plan for my life, but God did." Oh boy. I am the bestestest comic book dude in the world...God has ordained it.

Now remember, the beatification process cannot begin until after he has quit this mortal sphere.
Post 47 IP   flag post
" . " Davethebrave private msg quote post Address this user
When someone is that challenged self-grading their own abilities, I doubt they are exceptional in grading books.

5th out of (nearly 50) competitors after four years of working in grading is “okay” at best (VF or maybe even a VF+ for a SA book). Not Gem Mint.

Suggests a good fit with the PGX ethos though!
Post 48 IP   flag post
Captain Accident the420bandito private msg quote post Address this user
Was PGX the guys that switched out a submitters 1st edition TMNT #1 with a later edition and still label it as a 1st?
Post 49 IP   flag post
I've spent years perfecting my brand of assholery. DrWatson private msg quote post Address this user
I would be wary of purchasing from any one who would extol the past, present, or future virtues of PGX.
Post 50 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
Knowing what everyone knows about PGX and having legitimate alternate grading choices, why would anyone even consider PGX? Who cares if they "seem" to be grading better....maybe it just seems that way.

PGX has damaged their reputation so severely that even genuine attempts at improvement will be considered as "even a broken clock is right twice a day" and errors will be considered as "more of their shady past coming to light".

What they should do it completely change their brand, name, ownership...everything.....and maybe have a chance at severing from their checkered past.
Post 51 IP   flag post
Collector poka private msg quote post Address this user
Quote:
Originally Posted by the420bandito
Was PGX the guys that switched out a submitters 1st edition TMNT #1 with a later edition and still label it as a 1st?


it is a myth

https://boards.cgccomics.com/topic/254497-pgx-video-first-printing-submission-tmnt-turns-to-3rd-printing-tmnt/#comments
Post 52 IP   flag post
I'm waiting.... (tapping fingers).
Splotches is gettin old!
Nuffsaid111 private msg quote post Address this user
I am and will always be a risk taker when involved in areas that I feel comfortable & knowledgeable in (i.e. comics)

That said, the extremely rare purchases I've made of graded books have mostly been PGX.
My reasoning is they can be purchased at raw comic cost, often.
In fact, that's how I treat PGX books - as raw books.

I had been looking for this comic for years in better than mid-grade and could not find one (Dell Stooges #1). It is PGX graded, and I don't think I'm allowed to mention PGX grade on here, but suffice to say it will be broken out of case, pressed, and re-submitted. I do expect it to go down in grade; and yes, of course, the risk of color touch is real for any PGX book just as is the case with any ungraded book.

After grading, my expectation is somewhere in the VF range which is all I ever wanted to find in the 1st place. Every one I've ever found, previously, was ratty or overpriced




Post 53 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
@Nuffsaid111 I too have purchased PGX books at raw prices and like you, cracked out and re-submitted. That is a risk I'm willing to take as well.if the price is right or for someone reason I can't find the book in CGC or CBCS case. I would never submit a raw book to PGX for grading though.
Post 54 IP   flag post
I'm waiting.... (tapping fingers).
Splotches is gettin old!
Nuffsaid111 private msg quote post Address this user
Quote:
Originally Posted by GAC
I would never submit a raw book to PGX for grading though.


Amen!
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