• When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.

current turn around rates at CGC
80 80

Started by MarkDAnderson,

26,964 posts in this topic

Underground44

Underground44

Posted
Posted
what if your lcs was sending bogus books and keeping yours

 

 

What makes you suggest this?

That reads rather awkwardly without the original post quoted for the sake of context.

 

Additionally, do his above posts qualify as a true "Triple Tap" due to them being essentially replies? The Triple Taps I've seen previously credited all address a similar theme and don't contain quoted replies. I'm still new at this, but trying to maintain an accurate scorecard.

 

That makes about the same sense as the original post...

Link to comment
Share on other sites
sterlingcomics

sterlingcomics

Posted
Posted
However, the LCS is saying that CGC is taking very long to process on economy submissions for all the books submitted, so I don't know who is pulling the wool over my eyes at this point. I believe it could be the LCS, but with all the complaining on the turnaround times on economy I don't know who to believe anymore.

 

Stop going through your LCS and spend $50 or so and do it direct---and you can check up on the status on the CGC web site.

Link to comment
Share on other sites
Silent Master

Silent Master

Posted
Posted
60 moderns and 50 economy's waiting on my shelf since im not paying fasttrack. Cgc leaving money in my wallet due to horrific TaTs.

 

Oddly enough I'm the same way... I have a large group I was going to send in for pre-screening but I can't pull myself to do it. Having them just sit somewhere for 4+ months... just can't do it...

 

(I'd love to see the size of CGC's warehouse :o )

Link to comment
Share on other sites
sterlingcomics

sterlingcomics

Posted
Posted
Tell me if I'm wrong but doesn't CGC pay a hefty bill to their insurance for each day that the book stays in their facility?

 

They do have to pay a bill, no idea if it's "hefty". CGC enforces faster turnarounds on books based on value to prevent this issue. If there's a "lot" of "cheap" books there, no idea what the formula is for their insurance. Average value perhaps?

Link to comment
Share on other sites
DrWatson

DrWatson

Posted
Posted
Tell me if I'm wrong but doesn't CGC pay a hefty bill to their insurance for each day that the book stays in their facility?

 

I doubt that plays very little if at all into any turn around time scenario. Unless you have excellent before scans of a book that you send to CGC, I'm sure any claim of damages resulting from CGC negligence would be met with the proverbial, "Prove it."

 

They only thing that's going to move your book faster through the channels would be larger denominations on your greenbacks.

Link to comment
Share on other sites
newshane

newshane

Posted
Posted

 

60 moderns and 50 economy's waiting on my shelf since im not paying fasttrack. Cgc leaving money in my wallet due to horrific TaTs.

 

Same here. If I can't afford to send them fast-tracked, then I won't send them at all.

 

I don't mind waiting 20-40 business days....but 70+ is just ridiculous!

 

I've decided lately that I hate my current job. Maybe CGC should hire me! lol

 

Hey...every little bit counts!

 

Link to comment
Share on other sites
maxon

maxon

Posted
Posted

Submitted 6 books economy directly to CGC reps at a show in Toronto on April 14. Called for an update on Friday and they said books were received/entered for grading April 23 and have not been graded as of yet. Was told they are working on early April for economy books.

Link to comment
Share on other sites
InvstmntComcSuply

InvstmntComcSuply

Posted
Posted
Tell me if I'm wrong but doesn't CGC pay a hefty bill to their insurance for each day that the book stays in their facility?

 

They do have to pay a bill, no idea if it's "hefty". CGC enforces faster turnarounds on books based on value to prevent this issue. If there's a "lot" of "cheap" books there, no idea what the formula is for their insurance. Average value perhaps?

 

It is a balancing act.

Longer TAT = fewer submissions = - profits

Longer TAT = + fast tracks = + profits

Increase employees = - profits = decrease TAT

Longer TAT = + insurance costs

Longer TAT = + stability since the work is already "in house"

Longer TAT = + chance of encouraging competition (I think this is actually very minor)

Link to comment
Share on other sites
The Amazing Chump

The Amazing Chump

Posted
Posted

I haven't submitted a real order yet (just a coupon order) but I know I've watched this conversation as long as I've been lurking these boards (which I think is 3-4 years). My thinking is if they were going to hire, they would have done so in that span of years. If they were concerned about the issues, they would have hired.

 

True, it may be difficult to find staff, but not 3-4 years difficult. My guess is they have a "suck it up and wait" attitude.

Link to comment
Share on other sites
vane

vane

Posted
Posted (edited)
Tell me if I'm wrong but doesn't CGC pay a hefty bill to their insurance for each day that the book stays in their facility?

 

They do have to pay a bill, no idea if it's "hefty". CGC enforces faster turnarounds on books based on value to prevent this issue. If there's a "lot" of "cheap" books there, no idea what the formula is for their insurance. Average value perhaps?

 

 

Curious...if a book let's say Amazing #15 and it was submitted under regular Economy for $800,000.00, Would CGC pay allot of money for that book sitting in the warehouse? Or would they grade that book as soon as possible?

Edited by vane
Link to comment
Share on other sites
sterlingcomics

sterlingcomics

Posted
Posted
Tell me if I'm wrong but doesn't CGC pay a hefty bill to their insurance for each day that the book stays in their facility?

 

They do have to pay a bill, no idea if it's "hefty". CGC enforces faster turnarounds on books based on value to prevent this issue. If there's a "lot" of "cheap" books there, no idea what the formula is for their insurance. Average value perhaps?

 

 

Curious...if a book let's say Amazing #15 and it was submitted under regular Economy for $800,000.00, Would CGC pay allot of money for that book sitting in the warehouse? Or would they grade that book as soon as possible?

 

Based on value, it has to be graded Express, and it would be in/out in about a week.

Link to comment
Share on other sites
aszumilo

aszumilo

Posted
Posted
Tell me if I'm wrong but doesn't CGC pay a hefty bill to their insurance for each day that the book stays in their facility?

 

They do have to pay a bill, no idea if it's "hefty". CGC enforces faster turnarounds on books based on value to prevent this issue. If there's a "lot" of "cheap" books there, no idea what the formula is for their insurance. Average value perhaps?

 

 

Curious...if a book let's say Amazing #15 and it was submitted under regular Economy for $800,000.00, Would CGC pay allot of money for that book sitting in the warehouse? Or would they grade that book as soon as possible?

 

Based on value, it has to be graded Express, and it would be in/out in about a week.

 

Based on book value of $800,000, it would need to be submitted under Walk Thru. Express has a max limit of $3000 value per book.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
80 80
Go to topic listing