So I just won a 9.8 graded Solar 10 on ebay but ...

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Funcha
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So I just won a 9.8 graded Solar 10 on ebay but ...

Post by Funcha »

... it's a PGX 9.8! With shipping, I paid just under $50 for it, so I'm thinking I may have gotten a steal. From the photo I saw, the top left corner looks just about perfect. Anyone have any experience with PGX? I am very much a CGC guy and hear that a PGX 9.8 could be a CGC 9.6 or 9.4 as they're supposedly more "liberal" in their grading. Am considering having it reslabbed and graded by CGC if the exterior looks 9.8worthy.


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Re: So I just won a 9.8 graded Solar 10 on ebay but ...

Post by michael »

Could be a good score. :clap: When you get it take a good look at it. If it looks like a 9.8 resub to CBCS. Other wise leave as is unless you cant stand having a PGX case. Normally a graded 9.6 can be had $80-120 + ship. If 9.6 hits $200 than it would be worth resub to CBCS.

Currently your $50+ ship + cost to resub + shipping would bring your cost close to what a #10 is worth today. Flip it to CBCS if prices go up 50% for a 9.6.

If it's a 9.8 candidate then defiantly sub to CBCS which is what I always use.

:rant: CGC has cost my club "100+ members" close to $50K due to treatment/case fiascos so no one in club will send to CGC again. Doesn't matter if case has been fixed. They damaged many of our comics and they can't be fixed therefore its a principle thing.

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Re: So I just won a 9.8 graded Solar 10 on ebay but ...

Post by GGSAE »

michael wrote:Could be a good score. :clap: When you get it take a good look at it. If it looks like a 9.8 resub to CBCS. Other wise leave as is unless you cant stand having a PGX case. Normally a graded 9.6 can be had $80-120 + ship. If 9.6 hits $200 than it would be worth resub to CBCS.

Currently your $50+ ship + cost to resub + shipping would bring your cost close to what a #10 is worth today. Flip it to CBCS if prices go up 50% for a 9.6.

If it's a 9.8 candidate then defiantly sub to CBCS which is what I always use.

:rant: CGC has cost my club "100+ members" close to $50K due to treatment/case fiascos so no one in club will send to CGC again. Doesn't matter if case has been fixed. They damaged many of our comics and they can't be fixed therefore its a principle thing.
But do CBCS comics sell for the same amount of CGC? It may be close but I don't think it's on par.

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Re: So I just won a 9.8 graded Solar 10 on ebay but ...

Post by michael »

GGSAE wrote:
michael wrote:Could be a good score. :clap: When you get it take a good look at it. If it looks like a 9.8 resub to CBCS. Other wise leave as is unless you cant stand having a PGX case. Normally a graded 9.6 can be had $80-120 + ship. If 9.6 hits $200 than it would be worth resub to CBCS.

Currently your $50+ ship + cost to resub + shipping would bring your cost close to what a #10 is worth today. Flip it to CBCS if prices go up 50% for a 9.6.

If it's a 9.8 candidate then defiantly sub to CBCS which is what I always use.

:rant: CGC has cost my club "100+ members" close to $50K due to treatment/case fiascos so no one in club will send to CGC again. Doesn't matter if case has been fixed. They damaged many of our comics and they can't be fixed therefore its a principle thing.
But do CBCS comics sell for the same amount of CGC? It may be close but I don't think it's on par.
That's why I said it's a principle thing. Myself/club rather be with a company we currently trust more. If people used how they're treated then CBCS would be equal or even worth more than CGC "my opinion". I think time/current trend will make this happen eventually. Remember, CBCS is only 2.5 years old and growing. I'm not saying their perfect "forum layout sucks" but best available. I will leave it at that so we can get back to topic. apologize for mini takeover.

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Re: So I just won a 9.8 graded Solar 10 on ebay but ...

Post by TheeBaldMoose »

GGSAE wrote:
michael wrote:Could be a good score. :clap: When you get it take a good look at it. If it looks like a 9.8 resub to CBCS. Other wise leave as is unless you cant stand having a PGX case. Normally a graded 9.6 can be had $80-120 + ship. If 9.6 hits $200 than it would be worth resub to CBCS.

Currently your $50+ ship + cost to resub + shipping would bring your cost close to what a #10 is worth today. Flip it to CBCS if prices go up 50% for a 9.6.

If it's a 9.8 candidate then defiantly sub to CBCS which is what I always use.

:rant: CGC has cost my club "100+ members" close to $50K due to treatment/case fiascos so no one in club will send to CGC again. Doesn't matter if case has been fixed. They damaged many of our comics and they can't be fixed therefore its a principle thing.
But do CBCS comics sell for the same amount of CGC? It may be close but I don't think it's on par.
I haven't seen any price difference in CGC vs CBCS, they are just about the same.

If this were me (and congrats on the book), I'd wait to crack it until you can add something to it, like sigs. 9.8's are nice, but 9.8 (even 9.6) are just sweeter with dual or tripple sigs attached!
Moose

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Re: So I just won a 9.8 graded Solar 10 on ebay but ...

Post by nycjadie »

GGSAE wrote:
michael wrote:Could be a good score. :clap: When you get it take a good look at it. If it looks like a 9.8 resub to CBCS. Other wise leave as is unless you cant stand having a PGX case. Normally a graded 9.6 can be had $80-120 + ship. If 9.6 hits $200 than it would be worth resub to CBCS.

Currently your $50+ ship + cost to resub + shipping would bring your cost close to what a #10 is worth today. Flip it to CBCS if prices go up 50% for a 9.6.

If it's a 9.8 candidate then defiantly sub to CBCS which is what I always use.

:rant: CGC has cost my club "100+ members" close to $50K due to treatment/case fiascos so no one in club will send to CGC again. Doesn't matter if case has been fixed. They damaged many of our comics and they can't be fixed therefore its a principle thing.
But do CBCS comics sell for the same amount of CGC? It may be close but I don't think it's on par.
My experience is that CBCS graded books do not sell for as much as CGC books by a good margin. I did some benchmarking some time ago. Books that are pretty frequently sold were selling about 20%+ or higher than CBCS books. Where that deviated was for books that were not very common. I guess people are willing to pay on par for a book that is difficult to get. This all is consistent with my own buying habits.

I havent yet resubmitted a CBCS book to CGC, but my experience with comparing like issues is that CGC is a harsher grader than CBCS. That's for moderns only. I don't have any older books graded by CBCS.

I have a few CBCS 9.8s,and I think they would be 9.4s if graded by CGC.

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Re: So I just won a 9.8 graded Solar 10 on ebay but ...

Post by GGSAE »

nycjadie wrote:
GGSAE wrote:
michael wrote:Could be a good score. :clap: When you get it take a good look at it. If it looks like a 9.8 resub to CBCS. Other wise leave as is unless you cant stand having a PGX case. Normally a graded 9.6 can be had $80-120 + ship. If 9.6 hits $200 than it would be worth resub to CBCS.

Currently your $50+ ship + cost to resub + shipping would bring your cost close to what a #10 is worth today. Flip it to CBCS if prices go up 50% for a 9.6.

If it's a 9.8 candidate then defiantly sub to CBCS which is what I always use.

:rant: CGC has cost my club "100+ members" close to $50K due to treatment/case fiascos so no one in club will send to CGC again. Doesn't matter if case has been fixed. They damaged many of our comics and they can't be fixed therefore its a principle thing.
But do CBCS comics sell for the same amount of CGC? It may be close but I don't think it's on par.
My experience is that CBCS graded books do not sell for as much as CGC books by a good margin. I did some benchmarking some time ago. Books that are pretty frequently sold were selling about 20%+ or higher than CBCS books. Where that deviated was for books that were not very common. I guess people are willing to pay on par for a book that is difficult to get. This all is consistent with my own buying habits.

I havent yet resubmitted a CBCS book to CGC, but my experience with comparing like issues is that CGC is a harsher grader than CBCS. That's for moderns only. I don't have any older books graded by CBCS.

I have a few CBCS 9.8s,and I think they would be 9.4s if graded by CGC.
Thanks Steve, that's quite the discrepancy. I have no doubts that CBCS can be considered an alternative to CGC, but right now they're not equals.

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Re: So I just won a 9.8 graded Solar 10 on ebay but ...

Post by nycjadie »

All that being said, there are people that disagree with me on the grading standards and pricing.

I can't find my research, but some informal ebay searching shows closed prices (not including best offer accepted):
CBCS NM 98 9.8 - 611, 643
CGC NM 98 9.8 - 660, 633, 675, 679, 655, 899, 720, 710, 671, 681, 650, 760, 680, 700, 695, 699, 735, 670, 681...(I stopped counting)

CBCS Mean - 627
CGC Mean - 697

=CGC sells 10% higher on average on a pretty hot book. I realize there are lots of factors at play (inventory, cooling market, # of buyers, reason for buying etc.), but I still think this is compelling that on average, many, many people will pay 10% more on average for NM 98 in CGC 9.8 than CBCS.

Not statistically meaningful, but persuasive, that CBCS books are great for bargain hunters, but may not hold their value short or even long term. Time will tell.

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Re: So I just won a 9.8 graded Solar 10 on ebay but ...

Post by maraxusofkeld »

Didn't one of the former members here buy a PGX 9.8 Bloodshot Plat a few years back and sub to CGC ? I do not remember how he made out though.

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Re: So I just won a 9.8 graded Solar 10 on ebay but ...

Post by GGSAE »

maraxusofkeld wrote:Didn't one of the former members here buy a PGX 9.8 Bloodshot Plat a few years back and sub to CGC ? I do not remember how he made out though.
It's crazy why anyone would risk sending a book to PGX that could be the difference in selling of hundreds or thousands, just to save a few bucks on grading costs.....I'll never forget that guy turning ghost after realizing they swapped his TMNT #1 first print for a 3rd print.

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Re: So I just won a 9.8 graded Solar 10 on ebay but ...

Post by nycjadie »

GGSAE wrote:
maraxusofkeld wrote:Didn't one of the former members here buy a PGX 9.8 Bloodshot Plat a few years back and sub to CGC ? I do not remember how he made out though.
It's crazy why anyone would risk sending a book to PGX that could be the difference in selling of hundreds or thousands, just to save a few bucks on grading costs.....I'll never forget that guy turning ghost after realizing they swapped his TMNT #1 first print for a 3rd print.
There is a show dealer in the bay area that clearly grades tons of books through PGX. He has a few dozen at each show. I asked him one day why not CGC? He says PGX is cheaper and faster... As someone who resells a fair amount of books to fund my habit (probably more than he sells), I can tell you that he is leaving a LOT of money on the table, solely to "save a few dollars and a few weeks"... Meanwhile, he probably makes at least 1/3 less on the book sales, and they sit there a LOT longer simply because they are PGX.

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Re: So I just won a 9.8 graded Solar 10 on ebay but ...

Post by GGSAE »

nycjadie wrote:
GGSAE wrote:
maraxusofkeld wrote:Didn't one of the former members here buy a PGX 9.8 Bloodshot Plat a few years back and sub to CGC ? I do not remember how he made out though.
It's crazy why anyone would risk sending a book to PGX that could be the difference in selling of hundreds or thousands, just to save a few bucks on grading costs.....I'll never forget that guy turning ghost after realizing they swapped his TMNT #1 first print for a 3rd print.
There is a show dealer in the bay area that clearly grades tons of books through PGX. He has a few dozen at each show. I asked him one day why not CGC? He says PGX is cheaper and faster... As someone who resells a fair amount of books to fund my habit (probably more than he sells), I can tell you that he is leaving a LOT of money on the table, solely to "save a few dollars and a few weeks"... Meanwhile, he probably makes at least 1/3 less on the book sales, and they sit there a LOT longer simply because they are PGX.
Exactly, very short-sighted without any find of financial analysis. Who cares how fast the grading is if it doesn't sell?!?! ahahaha.

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Re: So I just won a 9.8 graded Solar 10 on ebay but ...

Post by OhioValiantNut »

GGSAE wrote:
nycjadie wrote:
GGSAE wrote:
maraxusofkeld wrote:Didn't one of the former members here buy a PGX 9.8 Bloodshot Plat a few years back and sub to CGC ? I do not remember how he made out though.
It's crazy why anyone would risk sending a book to PGX that could be the difference in selling of hundreds or thousands, just to save a few bucks on grading costs.....I'll never forget that guy turning ghost after realizing they swapped his TMNT #1 first print for a 3rd print.
There is a show dealer in the bay area that clearly grades tons of books through PGX. He has a few dozen at each show. I asked him one day why not CGC? He says PGX is cheaper and faster... As someone who resells a fair amount of books to fund my habit (probably more than he sells), I can tell you that he is leaving a LOT of money on the table, solely to "save a few dollars and a few weeks"... Meanwhile, he probably makes at least 1/3 less on the book sales, and they sit there a LOT longer simply because they are PGX.
Exactly, very short-sighted without any find of financial analysis. Who cares how fast the grading is if it doesn't sell?!?! ahahaha.
I have to agree ... I cannot bring myself to purchase any PGX slabs off of ebay because ValiantFans has successfully brainwashed me into being weary of such ... and its a good thing! There is evidence that PGX has some issues and I'd rather not cast dollars at it and risk a burning. I will buy CGC slabs, but I only submit to CBCS ... I realize that skews things for the CGC only guys, but I don't care ... I trust CBCS to own up to their mistakes and not shut down forums when such are exposed.

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Re: So I just won a 9.8 graded Solar 10 on ebay but ...

Post by ZosoRocks »

nycjadie wrote:
GGSAE wrote:
michael wrote:Could be a good score. :clap: When you get it take a good look at it. If it looks like a 9.8 resub to CBCS. Other wise leave as is unless you cant stand having a PGX case. Normally a graded 9.6 can be had $80-120 + ship. If 9.6 hits $200 than it would be worth resub to CBCS.

Currently your $50+ ship + cost to resub + shipping would bring your cost close to what a #10 is worth today. Flip it to CBCS if prices go up 50% for a 9.6.

If it's a 9.8 candidate then defiantly sub to CBCS which is what I always use.

:rant: CGC has cost my club "100+ members" close to $50K due to treatment/case fiascos so no one in club will send to CGC again. Doesn't matter if case has been fixed. They damaged many of our comics and they can't be fixed therefore its a principle thing.
But do CBCS comics sell for the same amount of CGC? It may be close but I don't think it's on par.
My experience is that CBCS graded books do not sell for as much as CGC books by a good margin. I did some benchmarking some time ago. Books that are pretty frequently sold were selling about 20%+ or higher than CBCS books. Where that deviated was for books that were not very common. I guess people are willing to pay on par for a book that is difficult to get. This all is consistent with my own buying habits.

I havent yet resubmitted a CBCS book to CGC, but my experience with comparing like issues is that CGC is a harsher grader than CBCS. That's for moderns only. I don't have any older books graded by CBCS.

I have a few CBCS 9.8s,and I think they would be 9.4s if graded by CGC.

Would that make a CGC 9.4 resubmitted to CBCS a 9.8 when it comes back?

:O)

That is what I get from your logic.

IMO - I've used CGC, and not CBCS (yet), but have been seriously considering a change, or utilizing both.

I think the post that states that CBCS will eventually "catch-up" to CGC with pricing or other traits, is right on target. Competition is starting to pick up and basing this only upon me frequenting the CBCS forums.....it also appears that CBCS is more service friendly on many levels.

CBCS also will validate a signature on a book, WITHOUT needing it to be through the SS requirements. So, IMO, just this one additional service that CGC DOES NOT do, will attract a whole new line of clients, myself will probably be involved.

I'm glad that CBCS is picking up......and to be honest, I think they are more customer orientated than CGC.

Cheers!
ZosoRocks

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