Disappointing Update from CGC on Bent Comics!
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- Опубліковано 16 вер 2024
- #cgc #comics #comicmarket #mcu
We just got an update from CGC on comics being bent inside their cases. Let's check it out!
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Been using cbcs for years never had a single problem. Superior case, superior service more consistent grades …and the 9.8’s I’ve sold have been comparable to cgc 9.8’s. no brainer
Thank you for this. CBC isnt the only game in town!!!
CBCS has been proven to be inferior to CGC when sales pricing is compared. For modern books, then fine. For any age before modern, use CBCS if you don’t care about maximizing your return.
@@timreierson26 CBCS may have better cases but their labels are atrocious and a CGC slab always sells for more. Most people in my area stay away from CBCS slabs. You cant give them away here
@@timreierson26 I’ll take a perfect book in a cbcs case than a damaged one in a cgc case all day…and their resell prices are getting closer by the day
@@timreierson26But how much longer can that hold true when your CGC 9.8 has multiple bends in it? Or your 9.9 is miscut and off centered? How long until people decide they'd rather buy the book that will actually be the grade the label says instead of just buying the label? And if I can buy the same key book for my PC for 10% less, you're d@mn right I'll do that.
A cat hair in a comic in a box leaves an imprint over a decade, I'm sure the bend does more than a cat hair sitting on paper
Love this!
Cgc just can't stop tripping over theirselves. How is it they can't see this while in QUALITY CONTROL DEPARTMENT?!?!?!
My books will be slabbed flat, or not at all.
Thank you for the video!!
It seems like CGC continues to neglect its customers, which is frustrating. I’m still puzzled why anyone would choose their services. Just like the example you mentioned of a comic with a bend in the inner well, I’ve also experienced this issue, though mine came from the secondary market. Buyers in the secondary market should be extra cautious and confirm the condition of the comic with the seller before making a purchase.
In my case, I have(thankfully) not yet had any significant issues with my cgc submissions, although imo, it is impossible to discount the many testimonies I am reading all over the internet. I just paid for an elite yearly membership this past april and I just sent in my first submission. I will try to get my money's worth. If any of my books come back with this problem, then I am done until it's fixed or until I am comfortable with an alternative option. Fingers crossed on my latest submission.
People use CGC because their books demand more money in the marketplace. I will never buy a non-CGC book unless the other grading services books sell consistently above CGC. Go ahead and send your books to CBCS or PSA if you don’t care about maximizing your return.
I'm waiting for PSA, done with CGC. If you're switching to a bigger well, then you are pretty much admitting the smaller well is damaging books, why else would you switch?
Exactly, claim there is no mechanical issue then saying you're going to mechanically alter your process. If you believe there's no mechanical issue, why are you changing anything?
Until PSA graded books sell for more than CGC, a change now is foolhardy.
I just don't even understand it anymore. I guess ego and narcissism is winning. They are gaslighting all of use and at this point probably believe their own lies, and think that they are really this untouchable.
I just got a bend gate book from CGC .. I have at least x25 high end books there. If any of them are bent during slabbing I’ll be looking for compensation. 😢
🤦♂️ I’m with you Ryan ,not sending anything else in .To many people, with damaged books . I’m willing to try PSA next year
Wow - not even trying to admit mistakes or attempt to make it right. These responses to adversity should be taught in business school as what NOT to do. CGC needs a PR team ASAP before they do more irreversible brand damage.
Let's see PSA. I will send something to them.
CGC scares me. Raw doggin' is best.
Hell yeah. Stick it in a mylar bag so you can pull it out and read it when you fancy! Comics are made to be read as well as displayed
Remember people CBCS does exist. If the book is going into your collection who cares if the book could potentially sell for a few more bucks for CGC fanboys.
🍌 CGC are too comfortable to make change imo. People will continue to send book's and then cry on forums. Rather than hit them where it hurts till they sort their issues! Thank's for the update. couldn't agree more!
I just sent 6 books back this week for the well issue (2 different submissions). I wonder if they will reject the mechanical error claim and charge me for the shipping back to me? I did call ahead and got direction to submit as mechanical error, so we will see.
Great video Ryan, thanks for the shoutout. I thought the response was joke at first. I've just found another book in my collection thats curved. I'm so annoyed. Awaiting for CBCS response now!
CGC knows that people will still send their books to them regardless. No other service is a legitimate competitor. Until a serious competitor arises (where their books sell consistently more than CGC), CGC can take these risks. For those who say they won’t send their books to CGC - CGC is calling your bluff. It is just a matter of time before you cave. CGC knows they have the upper hand here. They are banking on buyers like me who will never buy a non-CGC graded book because their market prices significantly lag those of CGC. When you consider the high volume of books that are still being submitted to CGC as we speak, I’ll bet that the percentage of those that are damaged in the process is very, very tiny. However, it is that tiny % that gets magnified (and overblown) by the comic community.
BLACKSTONE is Not interested in customer service, they are interested in whatever makes the numbers go up while protecting themselves legally, this kind of crap was inevitable once they were purchased by Blackstone. Sorry they will continue to do things like this and the current generation of collectors overall will phase out and it won’t matter once they have affected the culture of the hobby through a number of subtle means. Sorry it is what it is
Thanks for the shout out, and thanks for helping to shine a light on this so we can continue talking about this issue. I agree that CGC's responses (there was also one that Swagglehaus shared) have been deeply disappointing, and they seem primarily concerned about limiting their liability rather than protecting the people who trusted them with their collectables.
I can see where some people are being overly nitpicky, But there is obvious bigger bends that do warrant reholdering.
Gambling with CGC is gambling and you get what you get.
I agree, no more subissions until resoution and compensation for damaged booksl
Can’t wait for PSA, I don’t care how much CGC fetches in the aftermarket. A pretty label is not worth damaging my golden age books.
If PSA was smart they would market the same old boring labels until opening day then unveil custom labels.
@@coldbloodedclowns6797 what's the advantage of waiting? Strike now while the iron is hot. The more people that can be convinced to stop using cgc and wait until jsa is fully in the game, the better for them and honestly the overall market at this point.
Annnd people continue to send in comic's to the biggest legal scam going... ugh
*REMEMBER* You have 5 days to issue a complaint after receiving books back. Get that initial call on record to get the ball rolling.
So the constant pressure point strain on the paper fibers isn't causing paper fiber fatigue?
CGC needs to fix this quickly-it is clearly a mechanical failure in the encasement design! CBCS's case design is superior; their label now looks better than CGC's, and Beckett is a far better trusted business in the collectibles world. IMO CGC commanding higher prices is about to switch with a hard correction, similar to the way Bitcoin and Bitcoin Cash swapped values in a single day (didn't stick but same concept). That event was called "The Flipping," and I see a similar event approaching, where more CGC comics are inspected and found to have deteriorated or developed new defects while encapsulated. I say let "The Flipping" begin, and CBCS should command the higher price, while all CGC graded comics should be devalued to compensate for the inferior encapsulation and case quality.
No.#1 rule when your guilty. DENY, DENY, DENY.
I think it’s time to go back to Texas.
CGC is ghast lighting their customers about the damage that they're causing but im sure theyll hold customers accountable if they want a reholder or resubmit a book for a signing. SMH
I think the answer is fine enough ... until it gets to the part of "we do not consider this to be a mechanical error." People are obviously not happy with the product; make it right.
I got 3 books back about 5 weeks ago; no warped wells in that batch, thank goodness. But I've also got 7 books arriving back next week. Fingers crossed!
I got 10 coming back in the next week or two. I have my fingers crossed as well.
I would say the other competitors have passed CGC by but CGC still has the name recognition, so they remain #1. It's just not fair.
Every time CGC updates their slabs there seems to be a learning curve on their end for some reason. I remember when, a few years ago, they went with new slabs and a bunch of books were coming back damaged. I still have a book they damaged but still managed to get a 9.8 from them and this was 6-7 years ago. The more this happens the more I think older CGC labels will get priced at a premium. Also makes me think about going more raw.
CGC was great for awhile. I think it all started going downhill once it became owned by Blackrock
oh boy....what's that saying....."Are you going to believe me or your lying eyes?"
I wonder how many of these defects are from books that had pressing work done on them.
I stopped using CBCS years ago when they moved their location and lost books. Maybe it’s time to give them a shot again. They just need to do more to change broader community perception so the value of their books equals that of CGC
Im sure they'd love it of everyone paid to resubmit their books to fix their own mistake. But the backlash from all those books taking grade hits from the damages their holders caused would be epic!
Thank you for the update appreciate the video
You heard them, it doesn't effect the grade. So however many 9.9's that they've put out into the world that now have obvious spine ticks...are still 9.9's dangit! CGC said so!
Man, we put up with a lot from CGC, but I have a feeling that this will be enough to have a good number of collector’s looking elsewhere
How many 'high grade' CGC Hulk 181's are out there with the coupon clipped? I guess we'll never know, as nobody is gonna crack those cases open.
nobody is leaving cgc until the books by other grading companies have comparable sales on the secondary market and thats not gonna happen anytime soon they have people over a barrel and they know it 😂😂😂
The other day I was at my local comic shop. I saw a 9.7 comic and another same comic at a 9. I compared them and the 9.4 had a fold and the 9 was perfectly fine. I went ahead and got the 9. The fold on the 9.7 was close to the center of the book. How is someone not able to close a book normally? But I was satisfied with the 9
I'd be wary of a CGC 9.7 comic book. Just sayin.
What a disaster. CGC selling protection for comics has become a meme and they aren't aware. I've never seen a company sabotage it's own market like this.
Maybe the guy who wants to do better should hire "comic people." just sayin
I'm starting to get scared to even *buy* recently-slabbed CGC books. lol. It's scary out there. The chances you take with buying slabs online nowadays are almost as bad as buying raws online.
Cgc is done
CGC: Submit your comics to us to get graded? 🤗
Me: No thanks, that’s a hard pass for me dawg! 🤨
CGC continue to disappoint with their blase attitude. They're basically telling collectors not to believe their lying eyes. Collectors are the experts, they know what to look for and they are worth more than this. Don't lie to your customers for profit, whatever your business, EVER! Reputation and reliability is everything, and I would judge that CGC is losing both by the bucket load.
Glad i never got into the grading game !
I have decided to start grading some Star Wars comics from the 1977 series. I come across your video about this issue. I've decided to send them to PGX. Mainly because of cost. To my surprise CGC is actually cheaper then PGX for the three books I'm sending in. Due to the bend gate PGX is my choice. I am going to check out PSA in the near future. I'm hoping by them entering the grading business better quality will come out of all the companies as a whole.
You’re better off keeping them raw than sending to PGX
CGC will never admit fault. That would open up a class-action lawsuit. Expect them to quietly resolve the issue and put it in the rearview mirror.😒
CGC: Nothing to see here folks, move along.
what does the "G" in CGC stand for again?
Gag. As Gag on this banana lol
I think it's 'gaslight'.
People are idiots. Let's continue to keep using CGC and bitch about everything they do. There's other grading companies to use 😅
Way back, CGC introduced new holders that caused books to 'creep'. Then Newton rings. Was it last year that someone (more?) figured out how to do the 'ol switcheroo? Followed closely by employees that were outright stealing books. Now it's case issues again. I don't use grading services, so my opinion doesn't count, but let me ask...what would CGC or any grading company have to do for a person to stop sending books to same?
I think we are at the moment. I have a CGC elite membership that I WILL NOT RENEW this year. I will try both CBCS and PSA this coming year.
I haven't used my subscription credit for the year. Every time I think I'm safe to ship something off, there's another scandal. Not sure what I'll do in the remaining months but I'm 100% certain I'll cancel for next year.
I’m in the same spot right now. It’s just been a sunk cost at this point.
😐 In other words, you guys are seeing things and go kick rocks. These guys are literally begging people to never use CGC again.
Bring on PSA.
I'm hearing conflicting info: can anyone confirm if this is mostly modern books or if silver and gold books are coming back with this as well?
I’ve seen it affecting silver. But can’t confirm gold. However, I assume no book is immune.
I think depending on the paper of the book, the gloss, the existing defects, and other variables to consider… The effects of the bent well can be easier or less easy to notice.
On a high-grade glossy modern, the effects are of course easiest to notice.
@@The9.9NewsstandThanks!
@@robotzvsfolks1559 my pleasure, thank you!
lol CGC sucks so much
I love all the people who use the "CGC slabs sell for more" as a case for why CGC is better. So you're admitting that you could buy the same book, in the same grade, and have the book in the case actually match the grade on the label, for 10% less, but you'd rather spend more because you drank the kool-aid? Weird flex, but alright...
Wish I could say I'm surprised
Being a comic fan, we’re nerds already. But graded and slabbed comic is a level of turbo nerd I hope I never reach
Is the suggestion by you if you send in a comic that has had no ticks and/or bends that were pressed out the curved inner well won't show "damage" and the damage you do see is reversion of previous pressings only? So in theory a flawless submission is not going to suffer this issue regardless of the inner well influence?
People have been saying both. The pressure is both creating new bends and also reverting old pressed out ones.
Doesn’t matter. Comic folks will continue to endlessly submit to them.
Man I just got my giant size back and there are smudges inside the case like dirt my fingers prints. I am afraid to reholder and lose the grade it got a 5.5 it’s 3.0 at best 😂 should i reholder and risk the grade loss
Just crack it out and keep it raw until PSA comes along.
@@DocReasonable I think the point is that he'll lose the 5.5 grade. I think he should sell the slabbed 5.5 and use the money to buy another 3.0 or higher raw comic.
This CGC Mike guy seems to be Blackrock's corporate shill. "We don't consider the bends created by the welds to be defects." Really, Skppy? He was the guy who were manhandling the 9.9s and the 9.8s in a previous video from CGC.
Those are not the same people. CGC Mike is not a CGC employee (from what I understand). More just like an admin for the forums.
The person from that video was their grading VP
Change management fail
Anderson Carol Smith Sharon Williams Susan
Nannergate 😂😂😂
Love the content, but do you have that droopy hat just hanging in your video? It looks so outta place, lol.
It covers the gas pipe coming out of the wall lol. It’s either the pipe or the hat. I’ve tried both and the hat seems preferred.
Lubowitz Burgs
The financial liabilty is massivei if they admit the issue. They'll likely be on the hook for less if they get sued and lose than if they admit it.
Definitely true. But I’m curious what is potentially more costly, the short term loss of paying out or reslabbing/pressing a bunch of books or the long term loss of business.
@@AutomaticComics Once upon a time, yes. CGC is now a fairly large entity. Once they reach a certain size, companies tend to lose sight of long term planning/consequences and focus on quarter to quarter results. It leads to some really poor choices, but everybody gets their bonuses.
@@AutomaticComics the question of whether or not this results in any long term loss of business is up in the air at the moment, though. Are people who like to slab going to just stop slabbing? As it stands, cgc slabs still carry a not insignificant higher return in the market. Maybe cbcs takes advantage of this in a way that closes the gap, but that isn't a definite and even if it does happen, how long would it take? I know I'm not the only one hoping JSA can hit the ground running when they start grading. This hobby needs a truly viable alternative.
Hi, Ryan. Have you had any books affected by the curvature?
I’ve stopped submitting since December when the reholder situation started and haven’t sent in since. I was considering submitting about a month ago when all this started getting reported and it put me on hold again.
There’s no way I’m going to send in books and risk either damage or difficulty selling them/returns with poor displaying comics.
@@AutomaticComics Thanks for letting me know.
@@AutomaticComics This has been going on for far longer since late 2022 based on some books I have.
EXTREMELY POOR response from CGC. To conclusively say it does not damage the comic book is outright false. Purely defensive and financially motivated. This is scummy corporate speak. I have stood by CGC until this point; however, now considering pulling out. The economy is terrible, so everyone is desparate to make their $$, apparently including CGC. Cool heads will prevail.
Stop giving CGC any business...
I'm so against cgc; I sent books to pgx!!! Lol might be overgrated, but they'll at least be flat. .
Official response.. Nothing to see here, move on.
Comicbook bends in plastic cases....first world problems
Most of the problems discussed on youtube are, are they not?
When someone sends in 50 of the same books, I don't feel bad. Again. Most people who send books into cgc are just looking for profit. Don't like it, don't grade your books.