Can CGC Graded Comics Be Trusted?

Рет қаралды 4,305

6 ай бұрын

CGC comics has an absolutely massive scam going on right now. It looks like someone has figure out a way to swap books and get them past CGC for a reholder. Making the scammer tons of money and leaving the buyer holding a much lesser book. Can we trust CGC?
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Пікірлер: 136

@Michigan_Wolverine 6 ай бұрын

They do not need to slide the book out. They only need to get the top label out.

@The_regulators 6 ай бұрын

100% I disected a CGC slab and the label is not glued on. I guess that would be the play.

@totalnv16 6 ай бұрын

But why would you take the label out a higher graded book to slip on a lower grade. Are you saying then they regrade the high grade book again?

@Jmillz181 6 ай бұрын

@totalnv16 they degrade the lower book as if it was the higher book. Then he gets the higher grade on the lower book and he has the raw higher grade book also. Can grade that again and repeat.

@Cletusvandammm 6 ай бұрын

The silence from CGC is deafening. They know who did this and I’m guessing they have looked at the list of books this guy has reholdered and know it’s an absolute disaster

@Whodis2 6 ай бұрын

I can confirm it was a CGC insider job, which is the worst part. Final nail in the coffin for CCG.

@rs500gsoat 6 ай бұрын

Personally I’ve never understood comic grading. For me comics are more than a cover, but the whole art and story package. Graded comics are nothing more than wall art with a number on top.

@300baud 6 ай бұрын

For modern books it might only be "wall art". But for older books there is supposed to be a thorough inspection. Making sure the book is intact, no cover or page marrying, etc etc. It is supposed to go much further than just evaluating the cover.

@Comicbookyoutubersrock 6 ай бұрын

You know, I’ve never understood why people restore cars, sell them at auctions and buyers just put them in garages for decades. Like cars are “meant to be driven” 🤦‍♂️. Same scenario, collectibles can be enjoyed in different ways. Tough concept to understand for many people.

@boxwi 6 ай бұрын

But they are wall art 99% of the time anyway. It's a trade off to preserve, authenticate and protect an item of value.

@sp123 6 ай бұрын

yeah slabbing cards makes more sense because its only a front and back and you can see it in the slab

@Comicbookyoutubersrock 6 ай бұрын

@@sp123 I mean in that respect, yes cards do technically make more sense or posters. But just like anything, we find ourselves slabbing comics and it is what it is. Many people enjoy and appreciate it, and many don’t.

@T.R.R.Jolkien 6 ай бұрын

Inside job at CGC. Batman and Sherlock Holmes taught us to think like detectives…

@The9.9Newsstand 6 ай бұрын

Thank you my man!! Beautifully articulated and showcased. And you are %1000 right about the ASM 238. I’ve spoken to the buyers.

@mikeoc3172 6 ай бұрын

The CGC Facebook page deletes any posts that even remotely reference this issue. The fact that they are running from this is a terrible sign.

@JWCustomminis 6 ай бұрын

I don’t see CGC doing anything publicly about this. They can’t possibly give this any validity. It would undermine the value of every single book out there and destroy their market. They may do things in house to prevent this in the future but they’re not going to tell anybody about it.

@crazyivan512 6 ай бұрын

they may come out and say "We have investigated this and it appears to be a very small number of books from this one person, we are addressing it on a case by case basis and will work to improve our systems to prevent further issues" ... Boom... end of story end of people who do care talking about it after a few weeks... meanwhile thousands and thousands of books are flowing in and out of grading companies daily and money is flowing... until the consumer stops throwing their money at it.. it isnt going anywhere, quick flip game is strong, people looking for a deal, ignorance, keeps the money raining down.. negativity is easily tuned out when theres money to be made

@Philmington 6 ай бұрын

Wow. Grading is kind of a scam.

@Comicbookyoutubersrock 6 ай бұрын

Nah not a scam, but someone found way to do fraud the system. Wouldn’t be the first time and won’t be the last, but grading is absolutely fine 👌

@virtualrealityfitness283 6 ай бұрын

More of a racket!

@davidlee7522 6 ай бұрын

unlike PSA, CGC does not stand by the grade

@NEO_Cards_Comics 6 ай бұрын

I’m pretty sure they do actually

@JWCustomminis 6 ай бұрын

The guy doing this is probably using the colorful custom labels so that he doesn’t accidentally buy one of the books that he swapped out in the future

@darius5396 6 ай бұрын

As for the re slab department, it's not their job to check for authentication or condition necessarily. They just re slab the book and on to the next. With as many they have coming in that department specifically, it's only bound to happen. So if anything, if sending in to get re slabbed, it needs to go through authentication first then re slabbed to assure no funny business is going on. That's my take on the situation

@cardsandcomics 6 ай бұрын

This sounds almost exactly like the PSA WIWAG scandal. CGC has had a big issue with grading trimmed books. The PSA issue BTW was massive and their are still cards in existence that were swapped out.

@Comicbookyoutubersrock 6 ай бұрын

CGC absolutely hasn’t had a big issue grading trimmed books. Stop trolling with lies.

@cardsandcomics 6 ай бұрын

@@Comicbookyoutubersrock theres tons of threads on CGC's own forum about it

@Comicbookyoutubersrock 6 ай бұрын

@@cardsandcomics No there isn’t.

@cardsandcomics 6 ай бұрын

@@Comicbookyoutubersrock I am pretty sure your are just trolling at this point if you don't want to do a google search.

@Comicbookyoutubersrock 6 ай бұрын

@@cardsandcomics Not trolling. Just know you are and lying 👌

@markarthurvgmail9508 6 ай бұрын

Easy fix. Microstamp the serial number on the inner sealed plastic holder to match the serial number on the outer label.

@marineboy1964 6 ай бұрын

So if the scammer swops the comic It's going to make no difference You are going to after microstamp the back of the comic to match serial numbers

@Comicbookyoutubersrock 6 ай бұрын

@@marineboy1964Sorry but your reply makes no sense whatsoever haha

@marineboy1964 6 ай бұрын

@@Comicbookyoutubersrock putting a microstamp on the inside of the plastic inner seal holder is going to make no difference If you can swop a comic inside a cracked holder, then there has to be somehow of identification on the back of the comic , so you cannot swop a comic from a different holder

@Comicbookyoutubersrock 6 ай бұрын

@@marineboy1964 The inner comic is in a sealed mylite inner well. If that were serial coded that absolutely couldn’t be faked. You’re missing the point of it.

@marineboy1964 6 ай бұрын

@@Comicbookyoutubersrock So tell me how this scammer is managing to swop a comic and pull the wool over season pros eyes

@briancollects 6 ай бұрын

Big money, low consequences, self-policing by some who have high ethical standards and actually care about the state of the industry over personal greed, with no regulation or oversight, then scams, liars, cheats & thieves will always be around every corner. Love all you guys & gals out there who have the courage and will to take the higher ground to shed light on the situations and concerns. It helps the rest of us who care, our kids, and the future of the hobby world imho. #peace ✌️👍

@smithe6 6 ай бұрын

Make the grading system public, like Comics Buyer Guide. Then and only then can I trust them.

@chrishayes4166 6 ай бұрын

Slabbing comics has always been hilarious to me as a non-comic collector, but as a card collector I get the underlying desire to have these random things we pay stupid money for authenticated and "rated". Definitely dicey stuff and a big time confidence shaker for slab holders of high value comics that are particularly ripe for these type of swap scams.

@tdsportscards 6 ай бұрын

Something I noticed from the start... it's all auctions, only 245 feedback, and lots of high end comics...did he just start selling this year with a couple $100k worth of high end comics? Very odd indeed...we all start somewhere and it's usually a progression...we normally don't start off selling $5k+ comics at auctions when we start out journey

@davidv.3135 6 ай бұрын

No doubt about it, swapped out! CGC needs to figure out how to stop this crap!

@ryanra44 6 ай бұрын

That’s scary stuff. If I was into graded comic books, I would be super skeptical buying high end books

@robroszk 6 ай бұрын

It would be SO easy for CGC to swap out a legit book with a mid grade while they take the extra profit. I am so paranoid i almost won't submit books anymore unless in person at a comic-con and just getting the pre-grade sticker which is still sufficient. Heck, if you are a subpar paid worker there WHY WOULDN'T YOU play those shenanigans and then sell it yourself on a variety of venues-especially in super high grade? ETA Nick when his channel was current had several books that were severely undegraded including a Star Wars #1 1977. They changed the grade ONLY because he went public on his channel like you guys are doing now....

@Comicbookyoutubersrock 6 ай бұрын

Oh dude, QUIT it with the conspiracy theories! Jesus Christ you nut jobs come out in droves. CGC would never do this. They wouldn’t risk their reputation and the end of the company by swapping out a copy of your $200 X-men 25 in a 5.0. Just fucking relax!

@dom19945 6 ай бұрын

I swear on everything they swapped out one of my books one time. The owner of my store, who’s been submitting books since CGC existed, looked at them before I subbed. We were both like, “This isn’t the book that was submitted.”

@kyleklmondwa9042 6 ай бұрын

Not ONLY do I think these graders can steal people's HIGHER quality submissions and simply send back a cheaper lower grade card or comic, I also suspect that these Graders give higher grades to submissions that there "buddies" end up selling. I've seen PLENTY cards get a Gem Mint 10 grades that any person could see within 10 seconds should have got a 9 (at best).

@T.R.R.Jolkien 6 ай бұрын

Why wouldn’t people take pictures of their books with their cell phone cameras before submitting them? Digital photos are evidence that hold up in courtrooms. Put a piece of mail with the date stamp and your name in the photos and just hang onto that piece of mail for verification.

@dom19945 6 ай бұрын

@@T.R.R.Jolkien I certainly will if I ever do it again. That was my first and only time submitting books to them. We were expecting a 9.4-9.6, but got back a 9.0. One of the benefits of grading cards is that, if they are serial numbered, they aren’t getting swapped out.

@dom19945 6 ай бұрын

@@kyleklmondwa9042 100%. Cards or comics, there are crooks in the grading industry. With serial numbered cards, it’s a lot harder, if not impossible, for them to get swapped out.

@gmajors2237 6 ай бұрын

Maybe we boycott CGC and go to CBCS until it is fixed.

@Jmillz181 6 ай бұрын

This is going to hurt values of graded books and rightfully so. Id rather buy raw and check everything at this point.

@wheetie7 6 ай бұрын

You don't even mention the possibility that this could be internal and someone could be corrupt within the c Gc corporations.

@pocketaces6756 6 ай бұрын

Exactly. If they could reslab it well enough to supposedly fool CGC, then why not just sell it on Ebay after the swap to begin with? No real need to send it to CGC. It's because they can't do it cleanly, and that's the reason for the reholder. Total inside job.

@Comicbookyoutubersrock 6 ай бұрын

Cause that’s a fun conspiracy theory with no proof. CGC wouldn’t ruin their reputation over this, been debated for years. The more possible conspiracy is someone from the inside unbeknownst to CGC was in on it, but also doubtful.

@wheetie7 6 ай бұрын

@@Comicbookyoutubersrock exactly . Someone on the inside. That the corporation didnt know was scamming.. my point exactly

@Comicbookyoutubersrock 6 ай бұрын

@@wheetie7 No I agree that’s the more possible scenario, but I just have a tough time believing it happened. If it did, we’ll find out sooner or later.

@holyharlot5222 6 ай бұрын

Totally an inside job. CGC knows who graded which serial number. So they know at least two persons who are involved. It's in CGC interest to cover it up

@bat2275 6 ай бұрын

This would not have happened if AI was grading comic books. The AI would immediately detect that this is a different book and did not match the previous copy submitted with the same serial number.

@colinburroughs9871 6 ай бұрын

With AI, how are they going to make money if they can't subjectively cater to higher spending clients, dealers and other back door schemes that keep their business profitable? Grading some stuff makes sense, basically for authentication reasons, but the actual score they're providing beyond "bad and good" is subjective to the point where it's surprising it's not caused massive lawsuits by now.

@stevemichael652 6 ай бұрын

Literally every single person who owns a valuable cgc graded comic book (let’s say 500$ and higher) should have to worry now. This is absolutely unacceptable behavior from a grading company. Millions on top of millions of dollars pas thru their facilities every year and now they’re compromised. I own about 10 thousands dollars worth of CGC books, my prized ASM 3 being one of them, and I’m scared I may have a fucking restored copy now! Certified my ass. Everyone should sue them

@ptitleman8798 6 ай бұрын

Nice shoutout on SCN this week!

@MonotoneCards 6 ай бұрын

I don't think CGC does anything publicly. It probably doesn't change anything because people have a lot of money tied up in CGC slabs. People don't use CBCS because of resale value since everyone already agrees the CBCS case is better but they don't care. We put CGC so high up on a pedestal that people cannot afford to bring them back down because of what they personally own.

@blueodum 6 ай бұрын

Sounds exactly like PSA in the cards sphere.

@gmajors2237 6 ай бұрын

We should boycott CGC and do business with CBCS until it is fixed, if that’s possible.

@LasVegasCollectibles 6 ай бұрын

Lol. Can any grading companies be trusted? Can anyone be trusted? It's all gambling. You can only trust yourself.

@johnnydropkicks 6 ай бұрын

This seller did the same with an ASM #252 and a NM #98 except he replaced the books in the 9.8 slabs with lower grade Mark Jewelers variants.

@NEO_Cards_Comics 6 ай бұрын

Yea I talked about the 252 in a video a few days ago

@justdigginit1331 6 ай бұрын

Easy fix stamp case with grade as well. Yes I know you would have 10 extra boxes but qc is qc that also would take care of label swapping.

@justdigginit1331 6 ай бұрын

Or just glue the label to the case

@User8vfjhejf 6 ай бұрын

The question is that, where was the 9.0 label obtained?

@binkysphinx 6 ай бұрын

From CGC. He is buying legit books and restored/lower grade books and swapping out the labels then sending the lower grade book into CGC for a reholder and CGC isn’t removing the comic from the inner well to check.

@MrSteevo28 6 ай бұрын

Cant this be done on Graded cards?

@LocalChamp 6 ай бұрын

I don't do comics but In my opinion CGC in general was always a lesser company and had affiliations with shady people and shady things in the collectibles space. I'm very glad I've never owned anything graded by them. I am curious how someone was able to swap a book without it being noticed the slab had been altered. I wonder if this is applicable with their card slabs as well.

@Comicbookyoutubersrock 6 ай бұрын

Wow, for someone who doesn’t do comics, thanks for your extremely valuable opinion 👌. Good to know someone who isn’t in the industry knows about all the shadyness 😂

@LocalChamp 6 ай бұрын

@@Comicbookyoutubersrock Fun fact you can be informed on issues that don't affect you in the collectibles space. You do realize they also do cards as well right? Do you even know what they've done or are you just a fanboy blindly defending them?

@Comicbookyoutubersrock 6 ай бұрын

@@LocalChamp I’ve been using them for years bud. Just because you’re a fangirl, doesn’t mean you have some inciteful knowledge separate from me. I just think it’s funny that trolls like you come out in droves, making accusations about them being shady with no proof whatsoever 🥴

@tonylynch48 6 ай бұрын

The ironic part, if this is what happened, is they do all that scamming and might lose money or only break even. Those 2 together cost about $14k plus taxes and they only made $7100 before fees on the one book they sold. The raw needs to get a 9 again for them to have a chance to get even theoretically based on what their first 9 sold for. Taxes, fees, shipping and the market tanking are a beast lol

@MrOldboy360 6 ай бұрын

The dog💩has really hit the proverbial fan now!

@TheCardDeal 6 ай бұрын

A new day a new scam. See y'all tomorrow...

@magemarshall3139 6 ай бұрын

Getting a book out of the holder, risk damaging the book It would be easier to switch the labels

@alphaomega9563 6 ай бұрын

They have there own machine creating a slab its just plastic all you need is that stuff they get from china and that machine to create the slab.

@pk3739 6 ай бұрын

They always say buy the card, not the grade. Do comic folks place just as much emphasis on brand label and grade vs the book itself? Wild story. I’m sure CGC will reimburse everybody if they truly are the PSA of comics.

@davidsalaski9095 6 ай бұрын

Nobody should buy from an eBay seller with a feedback 96.8 It does look like eBay has removed this seller, current and completed auctions not showing up with eBay search.

@Hectekk 6 ай бұрын

They should Uv stamp inner wells with secret number. Easy fix.

@virtualrealityfitness283 6 ай бұрын

It could be thousands of books out there!

@KTMGUNNER 2 ай бұрын

Also how are you supposed to know that they don't just trade your high grade 9.8 and swap yours for one garbage one they have on hand ?

@CoreyRust-ki3ol 6 ай бұрын

I mean somebody from cgc has to be in on it... how does a copy go in for recapsulation...BUT the mark jewelers get added to the new label?

@NEO_Cards_Comics 6 ай бұрын

Bc it had a MJ in it…… this is not an inside job it’s someone taking advantage of crappy cgc p&p

@CoreyRust-ki3ol 6 ай бұрын

@@NEO_Cards_Comics but how does anyone know that before hand? Especially when you bought both of them just months before? How does anyone get that lucky? They should have went and bought a mega millions instead

@jasonyoung4236 6 ай бұрын

Has anyone tried to crack the new PSA slab? Zero chance this is possible - it’s so tough without legit power tools (like a band saw) you are really putting the card at risk.

@User8vfjhejf 6 ай бұрын

CGC should recheck the book for MJ inserts, tattoos and MVS before reholdering

@tmxcomics 6 ай бұрын

The people reholdering are not the graders

@royberger2259 6 ай бұрын

Just have to swap out the label really.

@jeffw654 6 ай бұрын

they still have to make up the $3K that they lost. They spent $13,300 and have only got back $7,100. If the 9.0 has had its value dropped by 3K in a short period then the value may have dropped by another 1K, it may be breakeven at this point. If the values are holding firm this is a good strategy for this scammer.

@NEO_Cards_Comics 6 ай бұрын

They are making a killing on the mark jewelers ones can’t win them all I guess

@tmxcomics 6 ай бұрын

Check cgc photos with the graders notes before you buy

@ZiggyNo 6 ай бұрын

Thx for sharing Mouse v mouse trap The hobby is the people all of them

@boxwi 6 ай бұрын

So does CGC and the perpetrator both share blame? The perp is obviously de-frauding folks, however, he could argue that it's on the grading company to verify and authenticate whatever he's sending to them. Reholder or no reholder. Scummy, sure, but legally could get him off of the hook to some extent.

@NEO_Cards_Comics 6 ай бұрын

It’s on both for sure.

@Comicbookyoutubersrock 6 ай бұрын

@@NEO_Cards_ComicsNo I don’t think it’s on both. Credit card companies, crypto, other companies are defrauded routinely. We don’t persecute the companies in those scenarios. The fraudsters are solely to blame, and we expect the companies to make changes. It’s like you guys assume this is the first time in recorded history someone found a way to do fraud 😂.

@boxwi 6 ай бұрын

@@Comicbookyoutubersrock all of those things you mentioned aren't in the business of receiving, authenticating, and returning physical items. You can't cast broad brush strokes on all forms of fraud.

@magemarshall3139 6 ай бұрын

Seem like a lot of money to be doing sketchy shenanigans with I think this is all tin foil, hat territory

@colinburroughs9871 6 ай бұрын

money makes people do shady stuff, without fail. The more money, the more likely you're going to find people behaving in less than ethical ways when they have power over the situation

@michaelroot1960 6 ай бұрын

Technology will eventually kill all collectibles. Might take another 50 years but scammers will be able to recreate almost any type of collectible (comic, figure, card, etc..) and any type of slab. I could see collectors in 20 years having to resubmit their slabs back to CSG, PSA, etc… to get THEM authenticated. It’s gonna be a shit show. 😊

@sp123 6 ай бұрын

PSA has changed their labels/slabs 2-3x including this year to prevent fraud

@colinburroughs9871 6 ай бұрын

this already exists as an issue and it'll be financially well off types who are at the greater risk, especially if they're all in on 10's of classic cards. There's lot's of stuff that's too niche to be knocking off, but that Fleer 86 Jordan and stuff in that class of collectible- yeah it's gonna get weird(er).

@MattMatt77 6 ай бұрын

Imagine people saying someone on the Spectrum (myself) is wrong 🙄 I have to work in the stock market for a reason. Made $90k this year alone. I called this out 3weeks ago. But now "Normal" people are finally on the same page.... 🤷‍♂️

@MattMatt77 6 ай бұрын

Also to mention. This Should make anyone questioning paying big money for a 9.9 or a 10. When you obviously see that data slap books in cases. Without taking a second look at it even though your paying them good money

@corymagamoll546 6 ай бұрын

CGC is a sham of a company. They damaged one of my grail books resulting in a terrible grade and the label is slabbed crooked . I cringe every time I look at my favorite book

@AtomicZombieAndroid 6 ай бұрын

How is it a "massive problem" if only one person is doing it? As long as CGC fixes their process soon its a pretty minor problem

@NEO_Cards_Comics 6 ай бұрын

This could have been going on for awhile and how do we know this is the only person to figure it out.

@AtomicZombieAndroid 6 ай бұрын

@@NEO_Cards_ComicsIts a pretty obvious hack to check for. Buyers know what to look for now.

@weed_richards420 6 ай бұрын

In my opinion this scammer WORKS for cgc. There's no way cgc can be thus dumb but then again...

@flybone100 6 ай бұрын

They have the adage, "but the book not the label", and while that's true, some people can't grade, sometimes the book isn't available for examination. However, in the collectible coins market, generally speaking, from what I know, Europeans don't have coins graded at the same volume that they do in the U.S. of A. The dealers, generally behave differently too, building relationships vs maximizing the profit on each sale. Meh. Like you I don't buy/have high grade books.

@NEO_Cards_Comics 6 ай бұрын

If a 9.0 181 missing value stamp gets swapped into a a legit 9.0 case and it’s sealed there is no way to know that.

@flybone100 6 ай бұрын

@@NEO_Cards_Comics That's a very good point, and that's why you get paid the big bucks and have your platform whilst I only have peanuts here in the gallery.

@holyharlot5222 6 ай бұрын

@MattMatt77 6 ай бұрын

Is anyone going to talk about Bry's Comics defending this BS?!

@NEO_Cards_Comics 6 ай бұрын

I didn’t see that we’re did that happen?

@MattMatt77 6 ай бұрын

@@NEO_Cards_Comics kzfaq.info/get/bejne/bt9yZ5NyuMrQc6c.htmlsi=ShgsDIpexU-26rrk That was something that kind of started it but at the time almost 3 weeks ago now people were defending it and saying that the seller shouldn't have to stand by the book if you were to crack open the case.

@kly1994 6 ай бұрын

Damn, this the fall of CGC? I feel cgc reps gotta come out and address this. I’m not into comics but I won’t be buying anymore slabs and will never submit there. I’m a low budget collector tho so I probably won’t matter to them.

@Comicbookyoutubersrock 6 ай бұрын

So you say you’re “not into comics” but won’t be buying “anymore” slabs and will never submit. If you’re not into comics then you obviously don’t already 😂. And no, this won’t be the fall of CGC. Companies are defrauded all the time. If every company that’s been defrauded folded, we wouldn’t have any credit card companies left 😂😂😂

@kly1994 6 ай бұрын

@@Comicbookyoutubersrock I collect sports cards and tcg bro. Chill out. They been trying to make moves on that side.

@Comicbookyoutubersrock 6 ай бұрын

@@kly1994 Moves or no moves, I hear the BS endlessly. Just calling it like it is bruh

@OilersWorkshop 6 ай бұрын

Look, the only real solution for any of this is what all the old guys in COMICS have been saying for a long time get the books raw buy and sell Raw books if you do this, this will eliminate the issue, it just requires everyone Learn to grade, raw books are going to be more trustworthy. I literally predicted this about 3 1/2-4 years ago, I knew that at some point RAW books were going to be more valuable or dramatically rise in value because they will be more rare. The signature series program is actually making raw UNSIGNED books even rarer and the books that are actually going to be rare are going to be raw Unsigned Ungraded books, that’s going to become the most sought after category that’s where the markets going

@custum18 6 ай бұрын

These scams in cards and comics were brought by influencers, graders, and the manufacturers. When it's all about money these are the people that come in.

@coppercloud2076 6 ай бұрын

How's this cgc fault? The scammer did a book or label swap and resubmit it. Only way to stop this would be cgc no longer allowing reslab and must grade every submission