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BMLCC

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  1. That is purely semantics. The current value of a card is how much a collector is willing to pay for it in todays marketplace. A Pristine CSG 10 is selling for less then a PSA 10 in the market today. It really doesn't matter what PSA is calling their 10's the grading is the same and the value is set by the consumer. My point is BGS has been doing this for years and their 10's sell for less then PSA on average as well. It is a failed model if the goal is to dethrone PSA at the top of the industry.
  2. I think they are currently grading a little too harshly. I am have sent in 150+ cards and have received a 10 on less then 1% of submissions. I understand that they are trying to make a name for themselves as a true competitor at the top end of the hobby but it feels like they are using the 9.5 grade a tool to keep their percentage of 10's down and not grading each card on its own merits. This is just a feeling I have gotten so far. The bottom line for me is collectors send their cards in for 2 reasons. To protect them and to increase the value of the card. In the current market place PSA 10 is selling for more than a CSG 10 and obliterating 9.5. Saying that, it makes total sense that a PSA 10 is selling for the most. They have been the kings of the industry for years now and hopefully a company comes along as a direct challenge. My main concern for CSG is they have apparently modeled their business after the BSG model and that model has proven to be inferior to PSA over a significant amount of time. I intend to holding my CSG's and hopefully I am wrong but copying the BSG model to me was a mistake for CSG, but only time will tell.