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Certified Collectibles Group (CCG) Acquires Classics Incorporated
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Started by bgraves-migration,

1,496 posts in this topic

Old Fashion PB and J

Old Fashion PB and J

Posted
Posted
CVA obviously pushed CGC to this point (as I suggested in the CVA thread). Why would CGC allow others to make $$ off of their hard work?

 

The question we need to be asking is if CGC secretly had a hand in the whole CVA "experiment". Thus setting CGC up for an "easier" transition to making books prettier. Does the CVA debacle soften the blow of this announcment from CGC? hm

 

This has nothing to do with CVA...and everything to do with PCS.

 

And attempt #3 to get us to swallow it. :facepalm:

 

Yep. And I bet it works this time.

It will. Matt Nelson is heralded by these boards.
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Beige

Beige

Posted
Posted

Does this mean that pre-CI grades should be regarded as ethically intact and those post CI as morally bankrupt as PGX?

If someone has the cash - go buy pgx's encapsulation machine,and change the name.

The need for another company has never been higher.

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mschmidt

mschmidt

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Posted
This is terrible news. I thought it was a joke at first.

 

Seems unethical. Does this mean that having my books pressed will now certainly promise a higher grade? In other words, if I throw them an extra $20 I can have all my 9.6 books magically upgrade?

 

Maybe so, maybe not...but that's how people are gonna look at it.

 

:(

 

Bad bad news for the integrity of the company because of the perception (or truth) that one can basically buy a higher grade now.

 

There have always been people who claim that CGC "favors" certain individuals and companies with gift grades - it's nothing new.

 

If someone chooses to believe that CGC is lying when they claim that the graders aren't aware of who owns the books they're grading, nothing CGC says or does will ever change that.

 

I, for one, just don't see what the big deal is here. Nelson has been pressing & submitting books to CGC for years - he has zero to do with the actual grading of the books, and nothing I've read so far indicates that that will change in the future.

 

CGC's reputation for impartiality is one of the cornerstones of their company - if it ever got out that books pressed by Classic Incorporated received preferential treatment, it would sink their business model & destroy the company. Why on earth would they risk that?

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The-Collector

The-Collector

Posted
Posted

It makes sense to capture the money from pressing books, as so many of those submitted come via pressing services.

 

Doing so does not have to involve duplicity.

 

In fact for a company whose continued existence is built upon their integrity it would be economic suicide to offer automatic grade bumps for those who use their pressing service.

 

So it is in their best interest to maintian their integrity. The same company could press books and grade them objectively if they institute some type of internal firewall between departments.

 

I think this is just common sense commerce not some grand conspiracy to undermine their own business for $8 a pop.

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Dr. Balls

Dr. Balls

Posted
Posted
I wish both CGC and Classics would come on board and let us know exactly what is going on so all this speculation would be put to rest.

 

Whatever they say, however they spin it - it will be purely for monetary motivations, so their statements about the topic are worthless. That's the problem here - objectivity about their product is now gone for good.

 

CGC graded books. That was it. What you brought to their door - in any condition - was purely your responsibility, and they had no stake in how things grade out, whatsoever.

 

Now it is incredibly convoluted with conflicts of interest, upselling technique, and all sorts of grey area about the ethics of preservation/restoration. They have muddied their own waters, opening up their position to be taken advantage of by competitors. And that is exactly what will happen.

 

This topic is going to go on and on and on because it's a hobby-wide concern. The one, single, reputable company who had a majority stake in grading impartiality has just butt:censored:ed themselves in front of everyone on this board.

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Underground44

Underground44

Posted
Posted
This is terrible news. I thought it was a joke at first.

 

Seems unethical. Does this mean that having my books pressed will now certainly promise a higher grade? In other words, if I throw them an extra $20 I can have all my 9.6 books magically upgrade?

 

Maybe so, maybe not...but that's how people are gonna look at it.

 

:(

 

Bad bad news for the integrity of the company because of the perception (or truth) that one can basically buy a higher grade now.

 

There have always been people who claim that CGC "favors" certain individuals and companies with gift grades - it's nothing new.

 

If someone chooses to believe that CGC is lying when they claim that the graders aren't aware of who owns the books they're grading, nothing CGC says or does will ever change that.

 

I, for one, just don't see what the big deal is here. Nelson has been pressing & submitting books to CGC for years - he has zero to do with the actual grading of the books, and nothing I've read so far indicates that that will change in the future.

 

CGC's reputation for impartiality is one of the cornerstones of their company - if it ever got out that books pressed by Classic Incorporated received preferential treatment, it would sink their business model & destroy the company. Why on earth would they risk that?

 

Umm they already are?

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