CGC Label Update17689
You can't get good wood on the ball every time. | HotKeyComics private msg quote post Address this user | |
Horrible decision and another big hit to their reputation. There is no positive side to this from a buyers perspective. Only downside. |
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Post 26 IP flag post |
Thank you sir. May I have another? | Siggy private msg quote post Address this user | |
Quote:Originally Posted by robertofredrico Quote: Originally Posted by sborock Quote: Originally Posted by sborock Indeed. |
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Post 27 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 | |
Isn't reducing the defects listed on labels just another way of saying they're hiding the defects? I know it should appear in Graders Notes but there's a significant # of books with no Graders Notes. Weird. |
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Post 28 IP flag post |
Masculinity takes a holiday. | EbayMafia private msg quote post Address this user | |
I guess there is really no guarantee that those significant defects were ever on the label in the first place. Now it's just a guarantee that they won't be. Meaning that now after-market buyers of CGC books will need to do the homework that we should have been doing in the first place. It will be interesting for those of us who don't have access to grader notes. I guess we will have to ask the seller to supply them to us. Which of course assumes that the seller is the original submitter or has a CGC account. What a freaking mess. | ||
Post 29 IP flag post |
The Fifth Golden Girl | sborock private msg quote post Address this user | |
Quote:Originally Posted by HotKeyComics This! |
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Post 30 IP flag post |
Captain Accident | the420bandito private msg quote post Address this user | |
I thought the entire point of getting an item graded was so you have more information on its condition. | ||
Post 31 IP flag post |
" . " | Davethebrave private msg quote post Address this user | |
Any material defects not visible on the outside should ideally be listed. I think removing the obvious is fine (maybe half or two-thirds of that list). More ideal is a small print list on the back of the label as others mentioned. For a specific set of defect types only. Reducing disclosures is short-sighted. It actually drives values down in the long run. |
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Post 32 IP flag post |
Collector | sly private msg quote post Address this user | |
I pay money so that a grading company provides specific reasons why a book has a certain grade. On every 25 books I get graded I'm lucky if CGC offers graders notes on two of them. Now they are removing the defects on the label...where the heck is someone without an account going to get this information ? The dealer? Not everyone will be honest. WHAT A SAD DAY ....BEST TO LEAVE A BOOK RAW AT THIS POINT ! |
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Post 33 IP flag post |
Masculinity takes a holiday. | EbayMafia private msg quote post Address this user | |
Quote:Originally Posted by sborock Say that in reverse. There's no downside to this from a sellers perspective. Only upside. It may be perverse, but CGC is not confused about who their customer is. |
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Post 34 IP flag post |
If I could, I would. I swear. | DrWatson private msg quote post Address this user | |
Quote:Originally Posted by Siggy At least "Large piece cut out." on the label is better than, "We aren't listing anything on the label. Go pay for a membership and find it for yourself in the 'free' grader's notes... if it's there." |
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Post 35 IP flag post |
Masculinity takes a holiday. | EbayMafia private msg quote post Address this user | |
At least now we will get to find out which "prominent members of the collecting community" have larceny in their hearts. | ||
Post 36 IP flag post |
Captain Corrector | CaptainCanuck private msg quote post Address this user | |
. What about the prior notion that grader’s notes weren’t really meant for customers and were only meant to be used between graders? |
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Post 37 IP flag post |
Masculinity takes a holiday. | EbayMafia private msg quote post Address this user | |
Quote:Originally Posted by CaptainCanuck It seems that the change in that policy/notion is how they are justifying the removal of major flaw information from the labels. |
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Post 38 IP flag post |
If I could, I would. I swear. | DrWatson private msg quote post Address this user | |
Quote:Originally Posted by CaptainCanuck That changed when they went from inter-office notes to a sellable commodity. |
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Post 39 IP flag post |
Collector | 50AE_DE private msg quote post Address this user | |
This is not good. This doesn't benefit anyone but those that have something they don't want on the label. | ||
Post 40 IP flag post |
Where's his Bat-package? | Byrdibyrd private msg quote post Address this user | |
Quote:Originally Posted by 50AE_DE YES. Like this right here ^ |
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Post 41 IP flag post |
Suckin' on a chili dog Outside the Tastee Freez. |
RexMuff private msg quote post Address this user | |
There’s really no reason the Grading Notes can’t be on the back of the label. | ||
Post 42 IP flag post |
Captain Corrector | CaptainCanuck private msg quote post Address this user | |
. Funny how these “prominent members of the collecting community” haven’t instructed them to lower their prices or fix the Newton ring issue. |
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Post 43 IP flag post |
I'd like to say I still turned out alright, but that would be a lie. | flanders private msg quote post Address this user | |
Yet another reason why CBCS will be just fine. I think I'll pass on any cgc graded items post 2021. | ||
Post 44 IP flag post |
Collector | 50AE_DE private msg quote post Address this user | |
If these "prominent members of the community" are dealers, which they probably are, and they have that much pull to change their policies then I'd think that's a huge conflict of interest. | ||
Post 45 IP flag post |
Captain Corrector | CaptainCanuck private msg quote post Address this user | |
Quote:Originally Posted by Scifinator^ @Scifinator may have already identified these “prominent members”. |
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Post 46 IP flag post |
Collector | robertofredrico private msg quote post Address this user | |
Quote:Originally Posted by sborock But isn't this just a continuation of your policies from when you were with the company? For instance, the first couple of years CGC was open, there would be notes printed on the label like "Date stamp on back cover", "1"4 tear on 8th page" and "Small rust on bottom staple". After a couple of years, notes like that went away, and were simply put in the graders notes and/or considered not worth mentioning on the label because regardless of whatever the defect may have been, it was of course factored into the grade. Isn't this just broadening the scope of "defects not being put on the label anymore" that started during your tenure? |
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Post 47 IP flag post |
The apple sauce and pudding were the best part... | Bronte private msg quote post Address this user | |
Funny. Less information and this is on top of 9.2 books and above with no graders notes to begin with. | ||
Post 48 IP flag post |
You can't get good wood on the ball every time. | HotKeyComics private msg quote post Address this user | |
I can't even imagine how many reholders they are going to get for Hulk 181s missing the MVS now. Don't buy anything with a MVS that is graded by CGC in 2022 and beyond. |
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Post 49 IP flag post |
The apple sauce and pudding were the best part... | Bronte private msg quote post Address this user | |
In theory, wouldn't the book still have green label? If that's the case I still wouldn't buy it without somehow looking up the notes. In my view, this labeling issue mainly affects blue label books. Green and purple I wouldn't really touch to begin with. | ||
Post 50 IP flag post |
I blame the forum gremlins. | figment private msg quote post Address this user | |
Quote:Originally Posted by flanders I'm already wary of CGC books that have a serial number starting with 3 or 4, now even more so. |
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Post 51 IP flag post |
If the viagra is working you should be well over a 9.8. | xkonk private msg quote post Address this user | |
Quote:Originally Posted by Bronte Right, my reading of the announcement isn't that grading standards are changing, just what they put on the label. So a book could be green label or low grade and it won't be obvious why. |
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Post 52 IP flag post |
Collector | robertofredrico private msg quote post Address this user | |
Quote:Originally Posted by HotKeyComics According to the release, parts of a comic that are missing (a panel, a page, a wrap, an insert, a MVS) will still be noted on the label. |
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Post 53 IP flag post |
Captain Corrector | CaptainCanuck private msg quote post Address this user | |
Quote:Originally Posted by Bronte Here’s a Universal label with a missing MVS. |
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Post 54 IP flag post |
Masculinity takes a holiday. | EbayMafia private msg quote post Address this user | |
One thing that’s been bugging me with this label change is the “why” of it. I’ve got a decent business background and usually when there’s an unexpected change like this I can think it through and figure out the business benefit. In this case I can’t. There was nothing broken that needed fixing. It’s not going to change their revenues or profits. I can’t figure out any business rationale for this. The only thing I can guess is that it’s for the personal benefit of some well connected individuals. Individuals who could have easily been buying up and hoarding these type of books in advance of this announcement. | ||
Post 55 IP flag post |
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